Laborers’ International Union of North America National Pension Fund Sample Clauses

Laborers’ International Union of North America National Pension Fund. Section 1. For the purposes of providing retirement benefits for employees covered by this Agreement, the City of Warwick shall for each day or portion thereof for which an employee receives pay, make a contribution of six dollars and thirty nine cents ($6.39) to the Laborers’ International Union of North America National (INDUSTRIAL) Pension Fund, but not to exceed thirty one dollars and ninety five cents ($31.95) per week for each employee (five times the daily rate). Effective on July 1, 2004, the City shall increase its contribution to seven dollars and forty nine cents ($7.49) per day to the Laborers’ International Union of North America National (INDUSTRIAL) Pension Fund, but not to exceed thirty seven dollars and forty five cents ($37.45) per week. Effective on July 1, 2005, the City shall increase its contribution to eight dollars and forty cents ($8.40) per day to the Laborers’ International Union of North America National (INDUSTRIAL) Pension Fund, but not to exceed forty two dollars and no cents ($42.00) per week. Section 2. Said sums shall be paid into the Fund not later than the twentieth (20th) day of each month, and shall represent payment up to the end of the last complete payroll period of the preceding calendar month. Section 3. For the purposes of this Article, days for which pay is received by the employee in accordance with the Agreement shall be counted as days for which contributions are payable.
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Related to Laborers’ International Union of North America National Pension Fund

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