Common use of Pension Contributions Clause in Contracts

Pension Contributions. 22.01 Each Employer shall make contributions to the Pension Fund as described in Schedule “B” of this Agreement at the rate contained in the Appendices per hour for each hour worked by employees of the Employer covered by this Agreement. 22.02 Such contributions shall be paid to the Trustees of the Pension Fund on or before the fifteenth (15th) day of the month following the month such hours were worked and shall be accompanied by a remittance report form for each employee on a form prescribed by the Trustees of the Fund. 22.03 Each monthly report and contribution shall include all obligations arising from hours worked up to the close of the Employer's payroll end- ing nearest to the last day of the preceding calendar month. 22.04 It is agreed that, by joint agreement of the Council and the Association, interest at the rate of one and one-half percent (1½%) per month may be charged on failure of an Employer to make payments due to the Pension Fund. 22.05 In the jurisdiction of Locals 247, 625, 1059 and 1089, the Employer agrees to deduct an amount per hour worked on a weekly basis, from each employee's weekly gross wages, payable to a Group or Registered Retirement Savings Plan, as directed in writing by the appli- Master Portion - Utility Agreement cable Local Unions for its members. Such monies shall be remitted directly to the Local Union.

Pension Contributions. 22.01 Each Employer shall make contributions to the Pension Fund as described in Schedule “B” of this Agreement at the rate contained in the Appendices per hour for each hour worked by employees of the Employer covered by this Agreement. 22.02 Such contributions shall be paid to the Trustees of the Pension Fund on or before the fifteenth (15th) day of the month following the month such hours were worked and shall be accompanied by a remittance report form for each employee on a form prescribed by the Trustees of the Fund. 22.03 Each monthly report and contribution shall include all obligations arising from hours worked up to the close of the Employer's ’s payroll end- ing nearest to the last day of the preceding calendar month. 22.04 It is agreed that, by joint agreement of the Council and the Association, interest at the rate of one and one-half percent (1½%) per month may be charged on failure of an Employer to make payments due to the Pension Fund. 22.05 In the jurisdiction of Locals 247, 625, 1059 and 1089, the Employer agrees to deduct an amount per hour worked on a weekly basis, from each employee's ’s weekly gross wages, payable to a Group or Registered Retirement Savings Plan, as directed in writing by the appli- Master Portion - Utility Agreement cable applicable Local Unions for its members. Such monies shall be remitted directly to the Local Union.

Pension Contributions. 22.01 Each Employer shall make contributions to the Pension Fund as described in Schedule “B” of this Agreement at the rate contained in the Appendices per hour for each hour worked by employees of the Employer covered by this Agreement. 22.02 Such contributions shall be paid to the Trustees of the Pension Fund on or before the fifteenth (15th) day of the month following the month such hours were worked and shall be accompanied by a remittance report form for each employee on a form prescribed by the Trustees of the Fund. 22.03 Each monthly report and contribution shall include all obligations arising from hours worked up to the close of the Employer's ’s payroll end- ing ending nearest to the last day of the preceding calendar month. 22.04 It is agreed that, by joint agreement of the Council and the Association, interest at the rate of one and one-half percent (1½%) per month may be charged on failure of an Employer to make payments due to the Pension Fund. 22.05 In the jurisdiction of Locals 247, 625, 1059 and 1089Local 1059, the Employer agrees to deduct an amount per hour worked on a weekly basis, from each employee's ’s weekly gross wages, payable to a Group or Registered Retirement Savings Plan, as directed in writing by the appli- Master Portion - Utility Agreement cable applicable Local Unions for its members. Such monies shall be remitted directly to the Local UnionUnion.with the following provisions, unless specified otherwise in the attached Appendices.

Pension Contributions. 22.01 Each Employer shall make contributions to the Pension Fund as described in Schedule “B” of this Agreement at the rate contained in the Appendices per hour for each hour worked by employees of the Employer covered by this Agreement. 22.02 Such contributions shall be paid to the Trustees of the Pension Fund on or before the fifteenth (15th) day of the month following the month such hours were worked and shall be accompanied by a remittance report form for each employee on a form prescribed by the Trustees of the Fund. 22.03 Each monthly report and contribution shall include all obligations arising from hours worked up to the close of the Employer's ’s payroll end- ing ending nearest to the last day of the preceding calendar month. 22.04 It is agreed that, by joint agreement of the Council and the Association, interest at the rate of one and one-half percent (1½%) per month may be charged on failure of an Employer to make payments due to the Pension Fund. 22.05 In the jurisdiction of Locals 247, 625, 1059 and 1089Local 1059, the Employer agrees to deduct an amount per hour worked on a weekly basis, from each employee's ’s weekly gross wages, payable to a Group or Registered Retirement Savings Plan, as directed in writing by the appli- Master Portion - Utility Agreement cable applicable Local Unions for its members. Such monies shall be remitted directly to the Local UnionUnion with the following provisions, unless specified otherwise in the attached Appendices.

Pension Contributions. 22.01 Each Employer shall make contributions to the Pension Fund as described in Schedule “B” of this Agreement at the rate contained in the Appendices per hour for each hour worked by employees of the Employer covered by this Agreement. 22.02 Such contributions shall be paid to the Trustees of the Pension Fund on or before the fifteenth (15th) day of the month following the month such hours were worked and shall be accompanied by a remittance report form for each employee on a form prescribed by the Trustees of the Fund. 22.03 Each monthly report and contribution shall include all obligations arising from hours worked up to the close of the Employer's payroll end- ing ending nearest to the last day of the preceding calendar month. 22.04 It is agreed that, by joint agreement of the Council and the Association, interest at the rate of one and one-half percent (1½%) per month may be charged on failure of an Employer to make payments due to the Pension Fund. 22.05 In the jurisdiction of Locals 247, 625, 1059 and 1089, the Employer agrees to deduct an amount per hour worked on a weekly basis, from each employee's weekly gross wages, payable to a Group or Registered Retirement Savings Plan, as directed in writing by the appli- Master Portion - Utility Agreement cable applicable Local Unions for its members. Such monies shall be remitted directly to the Local Union.