NATIONAL ELECTRICAL ANNUITY PLAN. Section 8.01 It is agreed that in accord with the IBEW District Ten NECA Individual Equity Retirement Plan Agreement entered into between the National Electrical Contractors Association, Inc., and the International Brotherhood of Electrical Workers on December 11, 1973, as amended, and now delineated as the National Electrical Annuity Plan Agreement and Trust, that unless authorized otherwise by the National Electrical Annuity Plan ("NEAP"), the individual employer will forward monthly to NEAP's designated collection agent an amount equal to fourteen percent (14%) of the gross monthly labor payroll, together with a completed payroll report prescribed by the NEAP. The payment shall be made by check or draft and shall constitute a debt due and owing to NEAP on the last day of each calendar month, which may be recovered by suit initiated by NEAP or its assignee. The payment and the payroll report shall be mailed to reach NEAP not later than fifteen (15) calendar days following the end of each calendar month. The individual employer hereby accepts, and agreed to be bound by, the National Electrical Annuity Plan Agreement and Trust. An individual employer who fails to remit as provided above shall be additionally subject to having his agreement terminated upon seventy-two (72) hours notice in writing being served by the Union, provided the individual employer fails to show satisfactory proof that the required payments have been paid to the appropriate collection agent. The failure of an individual employer to comply with the applicable provisions of the National Electrical Annuity Plan Agreement and Trust shall also constitute a breach of his labor agreement. INDUSTRY FUND
NATIONAL ELECTRICAL ANNUITY PLAN. Section 8.01. It is agreed that in accord with the IBEW - District Ten - NECA Individual Equity Retirement Plan Agreement entered into between the National Electrical Contractors Association, Inc., and the International Brotherhood of Electrical Workers on December 11, 1973, as amended, and now delineated as the National Electrical Annuity Plan Agreement and Trust, that unless authorized otherwise by the National Electrical Annuity Plan (''NEAP'1, effective 8-1-21 the individual employer will forward monthly to NEAP's designated collection agent an amount defined below (the contribution obligation) together with a completed payroll report prescribed by the NEAP. The payment shall be made by check or draft and shall constitute a debt due and owing to NEAP on the last day of each calendar month, which may be recovered by suit initiated by NEAP or its assignee. The payment and the payroll report shall be mailed to reach NEAP not later than fifteen (15) calendar days following the end of each calendar month. General Xxxxxxx Xxxxxxx 22% Cable Splicer Journeyman Lineman Journeyman Technician Powderman $8.00 Equipment Operator Equipment Mechanic $7.00 Apprentices - 7th Period $6.00 Apprentices - 6th Period $5.00 Apprentices – 5th Period $4.00 Apprentices - 4th Period Groundman & Xxxx Xxxxxx - Experienced $3.00 Apprentices - 3rd Period $2.00 Apprentices - 2nd Period Groundman & Xxxx Xxxxxx - 2nd 2000 Hours $0.25 Apprentices - 1st Period Groundman & Xxxx Xxxxxx - 1st 2000 Hours The individual Employer hereby accepts, and agrees to be bound by, the National Electrical Annuity Plan Agreement and Trust. An individual Employer who fails to remit as provided above shall be additionally subject to having his agreement terminated upon seventy-two (72) hours' notice in writing being served by the Union, provided the individual employer fails to show satisfactory proof that the required payments have been paid to the appropriate local collection agent. The failure of an individual Employer to comply with the applicable provisions of the National Electrical Annuity Plan Agreement and Trust shall also constitute a breach of his labor agreement.
NATIONAL ELECTRICAL ANNUITY PLAN. It is agreed that in accord with the IBEW-District Ten-NECA Individual Equity Retirement Plan agreement entered into between the National Electrical Contractors Association, Inc., and the International Brotherhood of Electrical Workers on December 11, 1973, as amended, and now delineated as the National Electrical Annuity Plan Agreement and Trust, that unless authorized otherwise by the National Electrical Annuity Plan (“NEAP”), the individual employer will forward monthly to NEAP’s designated collection agent an amount equal to sixty cents ($.60) for each hour worked, together with a completed payroll report prescribed by the NEAP. The payment shall be made by check or draft and shall constitute a debt due and owing to NEAP on the last day of each calendar month, which may be recovered by suit initiated by NEAP or its assignee. The payment and the payroll report shall be mailed to reach NEAP not later than fifteen (15) calendar days following the end of each calendar month. The individual employer hereby accepts, and agrees to be bound by, the National Electrical Annuity Plan
NATIONAL ELECTRICAL ANNUITY PLAN. It is agreed that in accord with the IBEW- District Ten-NECA Individual Equity Retirement Plan agreement entered into between the National Electrical Contractors Association, Inc., and the International Brotherhood of Electrical Workers on December 11, 1973, as amended, and now delineated as the National Electrical Annuity Plan Agreement and Trust, that unless authorized otherwise by the National Electrical Annuity Plan (“NEAP”), the individual employer will forward monthly to NEAP’s designated collection agent an amount equal to the specific contribution amounts set forth on the attached Exhibit A with a minimum contribution amount of sixty cents ($.60), (the contribution obligation) for each hour worked, together with a completed payroll report prescribed by the NEAP. The payment shall be made by check or draft and shall constitute a debt due and owing to NEAP on the last day of each calendar month, which may be recovered by suit initiated by NEAP or its assignee. The payment and the payroll report shall be mailed to reach NEAP not later than fifteen (15) calendar days following the end of each calendar month. The individual employer hereby accepts, and agrees to be bound by, the National Electrical Annuity Plan Agreement and Trust. An individual employer who fails to remit as provided above shall be additionally subject to having his/her agreement terminated upon seventy-two (72) hours notice in writing being served by the Union, provided the individual employer fails to show satisfactory proof that the required payments have been paid to the appropriate collection agent. The failure of an individual employer to comply with the applicable provisions of the National Electrical Annuity Plan Agreement and Trust shall also constitute a breach of his/her labor agreement.
NATIONAL ELECTRICAL ANNUITY PLAN. (Formerly known as IBEW-District Ten NECA Individual Equity Retirement Plan or the District Ten Plan)
NATIONAL ELECTRICAL ANNUITY PLAN. It is agreed that in accord with the IBEW- District Ten-NECA Individual Equity Retirement Plan agreement entered into between the National Electrical Contractors Association, Inc., and the International Brotherhood of Electrical Workers on December 11, 1973, as amended, and now delineated as the National Electrical Annuity Plan Agreement and Trust, that unless authorized otherwise by the National Electrical Annuity Plan (“NEAP”), the individual employer will forward monthly to NEAP’s designated collection agent an amount equal to the specific contribution amounts set forth in the Wage Exhibit of this agreement with a minimum contribution amount of sixty cents ($.60), (the contribution obligation) for each hour worked, together with a completed payroll report prescribed by the NEAP. The payment shall be made by check or draft and shall constitute a debt due and owing to NEAP on the last day of each calendar month, which may be recovered by suit initiated by NEAP or its assignee. The payment and the payroll report shall be mailed to reach NEAP not later than fifteen (15) calendar days following the end of each calendar month. The individual employer hereby accepts, and agrees to be bound by, the National Electrical
NATIONAL ELECTRICAL ANNUITY PLAN. SECTION 8.01:
NATIONAL ELECTRICAL ANNUITY PLAN. Section 11.01 It is agreed that in accord with the IBEW District Ten NECA Individual Equity Retirement Plan Agreement entered into between the National Electrical Contractors Association, Inc., and the International Brotherhood of Electrical Workers on December 11, 1973, as amended, and now delineated as the National Electrical Annuity Plan Agreement and Trust, that unless authorized otherwise by the National Electrical Annuity Plan ("NEAP"), the individual employer will forward monthly to NEAP's designated collection agent an amount equal to twenty-five percent (25%) of the gross wages paid in Article 6, Section 6.01 and all applicable rates in Sections 4.06, 4.07, 4.04, 4.09, 4.08, 5.08 and 5.05, together with a completed payroll report prescribed by the NEAP. The payment shall be made by check or draft and shall constitute a debt due and owing to NEAP on the last day of each calendar month, which may be recovered by suit initiated by NEAP or its assignee. The payment and the payroll report shall be mailed to reach NEAP not later than fifteen (15) calendar days following the end of each calendar month. The individual employer hereby accepts, and agreed to be bound by, the National Electrical Annuity Plan Agreement and Trust. An individual employer who fails to remit as provided above shall be additionally subject to having his agreement terminated upon seventy-two (72) hours notice in writing being served by the Union, provided the individual employer fails to show satisfactory proof that the required payments have been paid to the appropriate collection agent. The failure of an individual employer to comply with the applicable provisions of the National Electrical Annuity Plan Agreement and Trust shall also constitute a breach of his labor agreement. ARTICLE XII APPRENTICESHIP TRAINING
