NINTH DISTRICT RETIREMENT PLAN Sample Clauses

NINTH DISTRICT RETIREMENT PLAN. The employer agrees to pay $1.00 per hour for all bargaining unit employees for all hours worked covered by this Agreement, except 1st period apprentices who will receive no contributions to the IBEW District 9 Retirement Plan, a jointly trustee pension trust created pursuant to Section 302c of the Labor Management Relations Act. Hours worked shall be deemed to include straight time hours worked, actual overtime hours, report time and shift premium hours. The employer further agrees to be bound by the provisions of the trust agreement created by the IBEW District 9 Retirement Plan dated 1984 and all amendments hereafter adopted and agrees to accept as its representatives the present Employer trustees and their lawfully appointed successors.
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NINTH DISTRICT RETIREMENT PLAN. Each employer agrees to pay the appropriate contribution for each hour worked by all employees covered by this agreement to the IBEW District 9 Retirement Plan, a jointly trusteed pension trust created pursuant to Section 302(c) of the Labor Management Relations Act. Hours worked shall be deemed to include straight time hours worked, actual overtime hours, report time, and shift premium hours not worked. The employer further agrees to be bound by the provisions of the trust agreement created by the IBEW District 9 Retirement Plan dated 1984 and all amendments hereafter adopted and agrees to accept as its representatives the present employer trustees and their lawfully appointed successors. The contribution rate shall be as outlined in Section 3.04.01 as follows: Provisional 30% Exempt Support Tech 5 33% Exempt Support Tech 4 35% 1.76 Support Tech 3 41% 2.06 Support Tech 2 50% 2.51 Support Tech 1 57% 2.86
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NINTH DISTRICT RETIREMENT PLAN. Section 6.06 Each employer agrees to pay five dollars and thirty seven cents ($5.37)** per hour for journeymen, five dollars and sixty four cents ($5.64) per hour for foremen and five dollars and eighty ones cents ($5.81) per hour for general foremen for all hours worked covered by this Agreement, except 1st and 2nd term apprentices who are probationary employees and receive no contributions to the IBEW District 9 Retirement Plan, a jointly trustee pension trust created pursuant to Section 302c of the Labor Management Relations Act. ** All other apprentices will receive their contribution of the $5.64 based on their percentage of journeyman rate. Hours worked shall be deemed to include straight time hours worked, actual overtime hours, report time and shift premium hours. The employer further agrees to be bound by the provisions of the trust agreement created by the IBEW District 9 Retirement Plan dated 1984 and all amendments hereafter adopted and agrees to accept as its representatives the present Employer trustees and their lawfully appointed successors. Xxxxxxx-Xxxx 401(K) Plan‌ Section 6.07 The parties to this Agreement, through their predecessors, have established the Xxxxxxx-Xxxx Pension Trust (the “Trust”). The parties to this Agreement affirm their sponsorship of the Trust. The Trust is administered by a Board of Trustees composed of an equal number of Union representatives and Chapter representatives. The parties to this contract agree and by this contract do designate as their respective representatives on the Board of Trustees such Employer or Union Trustees as will be selected in the manner provided by the Trust Agreement, together with their successors. The Trustees have adopted the Xxxxxxx-Xxxx 1993 Plan which is an employee elective 401(k) account plan (the “Plan”). Starting April 1, 2012, any bargaining unit employee can by written election cause a per dollar amount to be withheld from such employee’s pay and transferred as a contribution to the Plan and Trust, to be held, invested and distributed only as provided in the Plan. The Trustees shall determine the optional per hour elective deferral amounts available to various categories of employees. All such elective deferrals shall be subject to:
Sample 1
NINTH DISTRICT RETIREMENT PLAN. The employer agrees to pay a six percent (6%) contribution rate based on the straight time hourly rate for each hour worked by all employees except probationary employees who shall not receive a contribution to the IBEW Ninth District Retirement Plan. This plan is a jointly trusteed pension trust created pursuant to Section 302c of the Labor Management Relations Act. Hours worked shall be deemed to include straight time hours worked, actual overtime hours, report time and shift premium hours not worked. The employer further agrees to be bound by the provisions of the trust agreement created by the IBEW District 9 Retirement Plan dated 1984 and all amendments hereafter adopted and agrees to accept as its representatives the Employer trustees and their lawfully appointed successors. The parties to the agreement have also approved a provision which allows an employee voluntary contribution by making an appropriate reduction of the base wage rate.
Sample 1

Related to NINTH DISTRICT RETIREMENT PLAN

  • Retirement Program Any employee employed prior to October 1, 1977, working at least seventy (70) hours per month shall by law be a member of the Washington Public Employees Retirement system (PERS) Plan One. Any employee working at least seventy (70) hours per month, entering employment on or after October 1, 1977, shall by law be a member of the School Employees Retirement System, Plan Two or Three. The District shall provide each new employee information concerning PERS or SERS membership benefits.

  • Post Retirement Health Care Benefit Employees who separate from State service and who, at the time of separation are insurance eligible and entitled to immediately receive an annuity under a State retirement program, shall be entitled to a contribution of two hundred fifty dollars ($250) to the Minnesota State Retirement System’s (MSRS) Health Care Savings Plan. Employees who have a HCSP waiver on file shall receive a two hundred fifty dollars ($250) cash payment. If the employee separates due to death, the two hundred fifty dollars ($250) is paid in cash, not to the HCSP. An employee who becomes totally and permanently disabled on or after January 1, 2008, who receives a State disability benefit, and is eligible for a deferred annuity under a State retirement program is also eligible for the two hundred fifty dollar ($250) contribution to the MSRS Health Care Savings Plan. Employees are eligible for this benefit only once.

  • Retirement Plan The 2.7% at 55 retirement plan will be available to eligible bargaining unit members covered by this Section 6.1.1.

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

  • Retirement Programs The Company agrees to provide Employees with the benefits under the Magna Group of Companies Retirement Savings Program as set out in the Employee Retirement Savings Program Booklets.

  • Hospitals of Ontario Voluntary Life Insurance Plan The Hospital also agrees to make the Hospitals of Ontario Voluntary Life Insurance Plan (HOOVLIP) available to the nurses subject to the provisions of HOOVLIP at no cost to the Hospital.

  • State Employee Group Insurance Program (SEGIP) During the life of this Agreement, the Employer agrees to offer a Group Insurance Program that includes health, dental, life, and disability coverages equivalent to existing coverages, subject to the provisions of this Article. All insurance eligible employees will be provided with a Summary Plan Description (SPD) called “Your Employee Benefits”. Such SPD shall be provided no less than biennially and prior to the beginning of the insurance year. New insurance eligible employees shall receive a SPD within thirty (30) days of their date of eligibility.

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