PENSION PLAN FUND Sample Clauses

PENSION PLAN FUND. The Employer will contribute to the Pension Plan Trust Fund the sum of three dollars ($3.00) for each hour worked by each employee employed as a Journeyman. Effective July this contribution will increase to three dollars and twenty-five cents on January it will increase to three dollars and fifty cents ($3.50) and on January it will increase to three dollars and seventy-five cents ($3.75). The employee will contribute to the Pension Plan the sum of fifty ($0.50) for each hour worked.
Sample 1Sample 2See All (5)
AutoNDA by SimpleDocs
PENSION PLAN FUND. The Employer will contribute to the Pension Plan Trust Fund the sum of three dollars ($3.00) for each hour worked by each employee employed as a Journeyman. Effective July this contribution will increase to three dollars and twenty-five cents on January it will increase to three dollars and fifty cents ($3.50) and on January it will increase to three dollars and seventy-five cents ($3.75). The employee will contribute to the Pension Plan the sum of twenty-five cents ($0.25) for each hour worked. Effective July the employee contribute to the Pension Plan the sum of fifty cents ($0.50) for each hour worked CONTRIBUTIONS Contributions will be remitted in the said amount and in the manner specified in this Article and in accordance with the trust agreement mentioned hereafter. All trust fund contributions are to be remitted monthly by cheque mailed in sufficient time as to be received by the Pipe Trades Administration Office not later than the 15th day of the month following that in which the said hours were worked for which contributions were made. Contributions are to be made on the proper forms supplied for this purpose, with the names of the employees, social insurance numbers, dates and hours worked and the company’s name from whom the contributions came. The Trustees may change the above date at their discretion at any time: in the interest of efficiency. PARTICIPATION Participation in the Pension and Health and Welfare Plans shall be mandatory for all employees who are covered by this collective agreement. Participation in the Health and Welfare plan by other employees regardless of their affiliation with the Union shall be at the discretion of the Board of Trustees. CONTINUATION
Sample 1
PENSION PLAN FUND. The Employer will contribute to the Pension Plan Trust Fund the sum of three dollars ($3.00) for each hour worked by each employee employed as a Journeyman. Effective July I, this contribution will increase to three dollars and twenty-five cents on January it will increase to three dollars and fifty cents ($3.50) and on January it will increase to three dollars and seventy-five cents ($3.75). The employee will contribute to the Pension Plan the sum of fifty ($0.50) for each hour worked, CONTRIBUTIONS Contributions will be remitted in the said amount and in the manner specified in this Article and in accordance with the trust agreement mentioned hereafter. All trust fund contributions are to be remitted monthly by cheque mailed in sufficient time as to be received by the Pipe Trades Administration Office not later than the 15th day of the month following that in which the said hours were worked for which contributions were made. Contributions are to be made on the proper forms supplied for this purpose, with the names of the employees, social insurance numbers, dates and hours worked and the company’s name from whom the contributions came. The Trustees may change the above date at their discretion at any time: in the interest of efficiency. PARTICIPATION Participation in the Pension and Health and Welfare Plans shall be mandatory for all employees who are covered by this collective agreement. Participation in the Health and Welfare plan by other employees regardless of their affiliation with the Union shall be at the discretion of the Board of Trustees.
Sample 1
PENSION PLAN FUND. 21.03 The Employer will contribute to the Pension Plan Trust Fund the sum five dollars and ninety-nine cents ($5.99) for each hour worked by each employee. Effective November 7, 2016 this contribution will increase to six dollars and twenty-nine cents ($6.29) and on November 6, 2017 it will increase to six dollars and sixty cents ($6.60).
Sample 1
PENSION PLAN FUND. The Employer will contribute to the Pension Plan Trust Fund the sum of three dollars ($3.00) for each hour worked by each employee employed as a Journeyman The employee will contribute to the Pension Plan the sum of fifty ($0.50) for each hour worked CONTRIBUTIONS Contributions will be remitted in the said amount and in the manner specified in this Article and in accordance with the trust agreement mentioned hereafter. All trust fund contributions are to be remitted monthly by cheque mailed in sufficient time as to be received by the Pipe Trades Administration Office not later than the 15th day of the month following that in which the said hours were worked for which contributions were made. Contributions are to be made on the proper forms supplied for this purpose, with the names of the employees, social insurance numbers, dates and hours worked and the company's name from whom the contributions came. The Trustees may change the above date at their discretion at any time: in the interest of efficiency. PARTICIPATION Participation in the Pension and Health and Welfare Plans shall be mandatory for all employees who are covered by this collective agreement. Participation m the Health and Welfare plan by other employees regardless of their affiliation with the Union shall be at the discretion of the Board of Trustees.
Sample 1
PENSION PLAN FUND. The Employer will contribute to the Pension Plan Trust Fund the sum of three dollars ($3.00) for each hour worked by each employee employed as a Journeyman. Effective July this contribution will increase to three dollars and cents on January it will increase to three dollars and fifty cents ($3.50) and on January it increase to three dollars and cents ($3.75). The employee will contribute to the Pension Plan the sum of cents ($0.25) for each hour worked. Effective July the employee will contribute to the Pension Plan the sum of fifty cents ($0.50)for each hour worked CONTRIBUTIONS Contributions will be remitted in the said amount and in the manner specified in this Article and in accordance with the trust agreement mentioned hereafter. All trust fund contributions are to be remitted monthly by cheque mailed in sufficient time as to be received by the Pipe Trades Administration Office not later than the 15th day of the month following that in which the said hours were worked for which contributions were made, Contributions are to be made on the proper forms supplied for this purpose, with the names of the employees, social insurance numbers, dates and hours worked and the company's name from whom the contributions came. The Trustees may change the above date at their discretion at any time: in the interest of efficiency. PARTICIPATION Participation in the Pension and Health and Welfare Plans shall be mandatory for all employees who are covered by this collective agreement. Participation in the Health and Welfare plan by other employees regardless of their affiliation with the Union shall be at the discretion of the Board of Trustees. CONTINUATION
Sample 1

Related to PENSION PLAN FUND

  • Pension Plan 15.01 The CLAC Pension Plan (“the Plan”), a defined contribution pension plan, is registered with the Canada Revenue Agency. The Plan applies to all employees covered by this Agreement.

  • Pension Fund 1. The Employer shall make contributions to a pension trust fund known as the “Building Service 32BJ Pension Fund” to cover bargaining unit employees who are regularly employed twenty (20) or more hours per week, including paid time off. The Employer shall also make contributions on behalf of other bargaining unit employees to the extent that such employees work a sufficient number of hours to require benefit accrual pursuant to Section 204 of ERISA. Employees unable to work and who are on statutory short term disability benefits or workers’ compensation shall continue to accrue pension credits without employer contributions during the periods of disability up to six (6) months or the period of disability whichever is earlier.

  • Pension All present employees enrolled in the Hospital's Pension Plan shall maintain their enrolment in the Plan subject to its terms and conditions. New employees and employees employed but not yet eligible for membership in the Plan shall, as a condition of employment, enrol in the Plan when eligible in accordance with its terms and conditions.

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

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!