Pension Fund Contribution. The Employer’s contribution to the Pension Fund shall be eighty-five cents ($0.85) per hour worked as of June 1, 2015 (as of the 1st complete pay period after June 1, 2015), ninety-five cents ($0.95) as of June 1, 2016 (as of the 1st complete pay period after June 1, 2016) and one dollar and five cents (1.05) as of June 1, 2017 (as of the 1st complete pay period after June 1, 2017). Pension Fund Contribution As of January 1st 2015 May 2015 (1st complete pay period following ratification) 2016 2017 $0.75/hr $0.85/hr $0.95/hr $1.05/hr [Signatures on next page] LETTER XX XXXXXXXXXXXXX XX. 0 XXXXXXX XXXXX XX XXXXXX AND INTERNATIONAL ASSOCIATION OF MACHINISTS AND AEROSPACE WORKERS The Company will make every effort to make vacation pay available to employees when they take their vacations providing the paperwork is properly filled out. LETTER XX XXXXXXXXXXXXX XX. 0 XXXXXXX XXXXX XX XXXXXX AND INTERNATIONAL ASSOCIATION OF MACHINISTS AND AEROSPACE WORKERS In the event that the Performance Bonuses are maintained, the Company agrees that the amounts paid are pro rated to the period that the employee is present at work. For example, if an employee is considered absent from work for 1 month during the bonus period, he will receive 5/6 of his performance bonus. LETTER XX XXXXXXXXXXXXX XX. 0 XXXXXXX XXXXX XX XXXXXX AND INTERNATIONAL ASSOCIATION OF MACHINISTS AND AEROSPACE WORKERS TEAM LEADER One team leader per line will be chosen by seniority, on a voluntary basis. In the event that the employee refuses to be Team Leader, the SO with the least seniority on a line and/or schedule will be named the Team Leader and will receive the appropriate training. It is understood that only the Team Leader of each line will receive the TL premium, therefore any employee receiving the TL premium before the shift selection will lose the premium if he or she is not the TL of the line. It is understood between the parties that the Employees who were formally Point Leaders will be offered by preferred seniority to act as Team Leaders on a voluntary basis. In the event that these Point Leaders accept the Team Leader position, they will be considered grandfathered Team Leaders and will receive the salary specified at section 25. In the event that former Point Leaders do not accept to become Team Leaders, they will receive the salary of SO at level 3.4. [Signatures on next page] LETTER XX XXXXXXXXXXXXX XX. 0 XXXXXXX XXXXX XX XXXXXX AND INTERNATIONAL ASSOCIATION OF MACHINISTS AND AEROSPACE ...
Pension Fund Contribution. The Employer’s contribution to the Pension Fund shall be one dollar and ten cents ($1.10) per hour worked. As of April 2, 2023, the Pension Fund shall be one dollar and fifteen cents ($1.15) per hour worked. LETTER OF UNDERSTANDING NO. 4 BETWEEN GARDAWORLD SECURITY SCREENING INC. AND INTERNATIONAL ASSOCIATION OF MACHINISTS AND AEROSPACE WORKERS Vacation Pay The Company will make every effort to make vacation pay available to employees when they take their vacations providing the paperwork is properly filled out. An employee on any protected leave/layoff greater than two (2) months cannot be required to take vacation where there is insufficient accrued vacation pay to cover their regular earning for the time taken. It is mutually understood that each employee is required to take a minimum of two (2) weeks. LETTER OF UNDERSTANDING NO. 5 BETWEEN GARDAWORLD SECURITY SCREENING INC. AND INTERNATIONAL ASSOCIATION OF MACHINISTS AND AEROSPACE WORKERS Team Leader The parties engaged in discussions around the issues of the current Team Lead Process and have agreed to the following:
Pension Fund Contribution. 11.99% to AFM-EPF
Pension Fund Contribution. The Employee shall be responsible for the employer’s portion of their contribution to the Ohio Police and Fire pension fund. The Employee shall assume an increase of six (6) % in 2014 pending approval by the Ohio police and Fire Pension Fund. The Employer will provide a one-time six (6) % wage increase to the hourly rate of employees to compensate for this change upon approval by the Ohio Police and Fire Pension fund
Pension Fund Contribution. The Employer’s contribution to the Pension Fund shall be one dollar and five cents ($1.05) per hour worked. As of April 1, 2020 the Pension Fund shall be one dollar and ten cents ($1.10) per hour worked. SIGNED in Toronto, this 18th day of January, 2019. LETTER XX XXXXXXXXXXXXX XX. 0 XXXXXXX XXXXX XX XXXXXX AND INTERNATIONAL ASSOCIATION OF MACHINISTS AND AEROSPACE WORKERS The Company will make every effort to make vacation pay available to employees when they take their vacations providing the paperwork is properly filled out SIGNED in Toronto, this 18th day of January, 2019. LETTER XX XXXXXXXXXXXXX XX. 0 XXXXXXX XXXXX XX XXXXXX AND INTERNATIONAL ASSOCIATION OF MACHINISTS AND AEROSPACE WORKERS TEAM LEADER The Team Leader process will remain as the present practise SIGNED in Toronto, this 18th day of January, 2019. LETTER XX XXXXXXXXXXXXX XX. 0 XXXXXXX XXXXX XX XXXXXX AND INTERNATIONAL ASSOCIATION OF MACHINISTS AND AEROSPACE WORKERS
Pension Fund Contribution. In addition to the City's contribution to the pension fund, the City will pay the employees' portion up to 8% of employee earnings.
Pension Fund Contribution. Employees hired prior to July 1, 2011, shall contribute 3% of the employee required contribution to the Wisconsin Retirement Fund. The employer shall pay the remainder of the employee required contribution and the employer required contribution. All employees hired on or after July 1, 2011, shall comply with the state requirements of 2011 Wisconsin Act 10 requiring said employees to pay the employee required contributions to the Wisconsin Retirement Fund.
