National Electrical Industry Fund (NEIF). Each individual Employer shall contribute an amount not to exceed one percent (1%) nor less than .2 of 1% of the productive electrical payroll as determined by each local Chapter and approved by the Trustees, with the following exclusions:
National Electrical Industry Fund (NEIF). Article IV, Section 1 - Each individual Employer shall contribute an amount not to exceed one percent (1%) nor less than .2 of 1% of the productive electrical payroll as determined by each local Chapter and approved by the Trustees, with the following exclusions:
National Electrical Industry Fund (NEIF). Section 16.01. Each individual Employer shall contribute an amount not to exceed one percent (1%) nor less than two-tenths of one percent (.2 of 1%) of the productive electrical payroll as determined by each local chapter and approved by the trustees, with the following exclusions: Twenty-five percent (25%) of all productive electrical payroll in excess of 75,000 man-hours paid for electrical work in any one chapter area during any one calendar year, but not exceeding 150,000 man- hours. One hundred percent (100%) of all productive electrical payroll in excess of 150,000 man-hours paid for electrical work in any one chapter area during any one calendar year. (Productive electrical payroll is defined as the total wages including overtime paid with respect to all hours worked by all classes of electrical labor for which a rate is established in the prevailing labor area where the business is transacted.) Payment shall be forwarded monthly to the National Electrical Industry Fund in a form and manner prescribed by the trustees no later than fifteen (15) calendar days following the last day of the month in which the labor was performed. Failure to do so will be considered a breach of this Agreement on the part of the individual Employer.
National Electrical Industry Fund (NEIF). (NECA Members Only)
National Electrical Industry Fund (NEIF). Note: This Category I language is not required in non-NECA Bargaining Agreements. Employers who are not members of NECA are not participants in this Industry Fund per their Letter of Assent language.
National Electrical Industry Fund (NEIF). Section 7.01. Each individual EMPLOYER shall contribute an amount not to exceed one per cent (1%) nor less than .2 of 1%, of the productive labor payroll, as determined by each local CHAPTER and approved by the Trustees, with the following exclusions: Twenty-five per cent (25%) of all productive electrical payroll in excess of 75,000 man-hours paid for electrical work in any one CHAPTER area during any one calendar year, but not exceeding 150,000 man-hours. One Hundred per cent (100%) of all productive electrical payroll in excess of 150,000 man-hours paid for electrical work in any one CHAPTER area during any one calendar year. (Productive electrical payroll is defined as the total wages [including overtime] paid with respect to all hours worked by all classes of electrical labor for which a rate is established in the prevailing labor area where the business is transacted.) Payment shall be forwarded monthly to the National Electrical Industry Fund in a form and manner prescribed by the Trustees no later than fifteen (15) calendar days following the last day of the month in which the labor was performed. Failure to do so will be considered a breach of this Agreement on the part of the individual EMPLOYER.
