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 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 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 accordance with established remittance rules and practices. The diversion shall be paid by the employer for all hours compensated including overtime hours, up to a maximum of 2080 hours per year. Allocations may only be diverted in accordance with the Memorandum of Understanding (MOU).
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Supplement Agreement
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 providing 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-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 allocation 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 accordance accor- dance with established remittance rules and practices. The diversion diver- sion shall be paid by the employer for all hours compensated including in- cluding overtime hours, up to a maximum of 2080 hours per year. Allocations Allocation may only be diverted in accordance with the Memorandum Memo- randum of Understanding (MOU).
Appears in 2 contracts
Samples: Supplemental Agreement, Supplemental Agreement
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 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 allocation 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 accordance with established remittance rules and practices. The diversion shall be paid by the employer for all hours compensated including overtime over- time hours, up to a maximum of 2080 hours per year. Allocations Allocation may only be diverted in accordance with the Memorandum of Understanding Un- derstanding (MOU).
Appears in 1 contract
Samples: Collective Bargaining Agreement