Common use of LEGAL SERVICES TRUST FUND Clause in Contracts

LEGAL SERVICES TRUST FUND. The Employer agrees to contribute ten cents (10 cents) per hour up to a maximum of seventeen dollars and thirty cents ($17.30) per month for each regular employee into the Western Conference of Teamsters Legal Services Trust Fund for the purpose of provid- ing for employees and their dependents, legal benefits as provided by the Trust. Effective August 1, 2008, an additional five cents (5¢) per hour shall be allocated from the new increase in pension monies to the Western Conference of Teamsters Legal Services Trust Fund for each regular employee and the maximum amount per month shall be increased to twenty five dollars and ninety-five cents ($25.95). Effective August 1, 2018 the Employer will contribute only ten cents ($0.10) per hour up to a maximum of seventeen dollars and thirty cents ($17.30) per month for each regular employee in the Western Conference of Teamsters Legal Services Trust Fund and each Local Union will divert the five cents ($0.05) per hour allo- cation established on August 1, 2008 to offset retiree contribution amounts for retiree medical coverage or to employee pensions. The diversions shall be to the applicable trust fund and in accor- dance with established remittance rules and practices. The diver- sion shall be paid by the employer for all hours compensated in- cluding overtime hours, up to a maximum of 2080 hours per year. Allocation may only be diverted in accordance with the Memo- randum of Understanding (MOU).

Appears in 2 contracts

Samples: California Supplemental Agreement, California Supplemental Agreement

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LEGAL SERVICES TRUST FUND. The Employer agrees to contribute ten cents (10 cents) per hour up to a maximum of seventeen dollars and thirty cents ($17.30) per month for each regular employee into the Western Conference of Teamsters Legal Services Trust Fund for the purpose of provid- ing providing for employees and their dependents, legal benefits as provided by the Trust. Effective August 1, 2008, an additional five cents (5¢) per hour shall be allocated from the new increase in pension monies to the Western Conference of Teamsters Legal Services Trust Fund for each regular employee and the maximum amount per month shall be increased to twenty twenty-five dollars and ninety-five cents ($25.95). Effective August 1, 2018 the Employer will contribute only ten cents ($0.10) per hour up to a maximum of seventeen dollars and thirty cents ($17.30) per month for each regular employee in the Western Conference of Teamsters Legal Services Trust Fund and each Local Union local union will divert the five cents ($0.05) per hour allo- cation allocation established on August 1, 2008 to offset retiree contribution amounts for retiree medical coverage or to employee pensions. The diversions shall be to the applicable trust fund and in accor- dance accordance with established remittance rules and practices. The diver- sion diversion shall be paid by the employer for all hours compensated in- cluding including overtime hours, up to a maximum of 2080 hours per year. Allocation Allocations may only be diverted in accordance with the Memo- randum Memorandum of Understanding (MOU).

Appears in 2 contracts

Samples: Agreement Supplement, Agreement Sort

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LEGAL SERVICES TRUST FUND. The Employer agrees to contribute ten cents (10 cents) per hour up to a maximum of seventeen dollars and thirty cents ($17.30) per month for each regular employee into the Western Conference of Teamsters Legal Services Trust Fund for the purpose of provid- ing providing for employees and their dependents, legal benefits as provided by the Trust. Effective August 1, 2008, an additional five cents (5¢) per hour shall be allocated from the new increase in pension monies to the Western Conference of Teamsters Legal Services Trust Fund for each regular employee and the maximum amount per month shall be increased to twenty five dollars and ninety-five cents ($25.95). Effective August 1, 2018 the Employer will contribute only ten cents ($0.10) per hour up to a maximum of seventeen dollars and thirty cents ($17.30) per month for each regular employee in the Western Conference of Teamsters Legal Services Trust Fund and each Local Union will divert the five cents ($0.05) per hour allo- cation alloca- tion established on August 1, 2008 to offset retiree contribution amounts for retiree medical coverage or to employee pensions. The diversions shall be to the applicable trust fund and in accor- dance accordance with established remittance rules and practices. The diver- sion diversion shall be paid by the employer for all hours compensated in- cluding overtime including over- time hours, up to a maximum of 2080 hours per year. Allocation may only be diverted in accordance with the Memo- randum Memorandum of Understanding Un- derstanding (MOU).

Appears in 1 contract

Samples: California Supplemental Agreement

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