Participation in the Fringe Benefit Funds. Each Employer agrees that it is subject to the provisions of the Agreements and Declarations of Trust of the Laborers’ Local No. 310 Pension Fund, established March 30, 1966, Welfare Fund established March 30, 1966, and SUB Fund established May 3, 1973, Training and Upgrading Fund established May 1, 1993, Annuity Fund established May 1, 1995 and of the Construction Industry Service Program (C.I.S.P.) described in Article IX hereof (collectively, the “Fringe Benefit Funds”). It is a condition of this Agreement that the Fringe Benefit Funds will continue in effect until expressly terminated in accordance with the methods provided in each Agreement and Declaration of Trust establishing said Funds. Each Agreement and Declaration of Trust is adopted and approved by the parties to this Agreement. For the remainder of this contract any additional wage allocation of “Wage Increase to Fringe Benefit Program” will be reviewed and approved by CEA and signatory contractors and published annually in the Building Laborers’ Local No. 310 “Scale of Wages”. Should the actuary of the Laborers’ Local #310 Pension Plan certify the Plan as other than critical status pursuant to the Pension Protection Act, future benefit contributions shall be paid on an hours-worked basis beginning May 1st.
