PENSION & RETIREMENT FUND Sample Clauses

PENSION & RETIREMENT FUND. Section 1 Effective August 1, 2013, the Employer agrees to contribute for paid hours to any or all of its employees covered by this agreement, but not to exceed the maximum contributions per week. Such pay- ment is to be made to the New York State Teamsters Pension and Retirement Fund. Effective August 1, 2013, the Employer also agrees to contribute to any and all of its part-time employees covered by this Agreement, but not to exceed the maximum contribution per week payable to the New York State Teamster Pension and Retirement Fund Treasury on or before the tenth (10th) day of the month following the month in which said monies were accrued, except where agreed to by the Fund Trustees but not to exceed by the end of the following month. No contributions are due on behalf of part-time helpers (off-the-street hires) who work during the peak season set forth in Appendix A, Section 2 (November 1st until January 1st); however, should the Company retain or rehire a helper within 60 days of January 1st, it shall retroactively make the appro- priate contributions on their behalf for their hours worked during peak season. Effective August 1, 2013, the Employer contributions to the Health and Welfare and Pension shall be increased a total of One Dollar $1.00 per hour as outlined in the National Master Agreement. Effective August 1, 2014, the Employer contributions to the Health and Welfare and Pension shall be increased a total of One Dollar‌‌ $1.00 per hour as outlined in the National Master Agreement. Effective August 1, 2015, the Employer contributions to the Health and Welfare and Pension shall be increased a total of One Dollar $1.00 per hour as outlined in the National Master Agreement. Effective August 1, 2016, the Employer contributions to the Health and Welfare and Pension shall be increased a total of One Dollar $1.00 per hour as outlined in the National Master Agreement. Effective August 1, 2017, the Employer contributions to the Health and Welfare and Pension shall be increased a total of One Dollar $1.00 per hour as outlined in the National Master Agreement.
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PENSION & RETIREMENT FUND. Section 1 Effective August 1, 2018, the Employer agrees to contribute for paid hours to any or all of its employees covered by this agreement, but not to exceed the maximum contributions per week. Such pay- ment is to be made to the New York State Teamsters Pension and Retirement Fund. Effective August 1, 2018, the Employer also agrees to contribute to any and all of its part-time employees covered by this Agreement, but not to exceed the maximum contribution per week payable to the New York State Teamster Pension and Retirement Fund Trea- sury on or before the tenth (10th) day of the month following the month in which said monies were accrued, except where agreed to by the Fund Trustees but not to exceed by the end of the following month. No contributions are due on behalf of part-time helpers (off- the-street hires) who work during the peak season set forth in Ap- pendix A, Section 2 (November 1st until January 1st); however, should the Company retain or rehire a helper within 60 days of January 1st, it shall retroactively make the appropriate contribu- tions on their behalf for their hours worked during peak season. Effective August 1, 2019, the Employer contributions to the Health and Welfare and Pension shall be increased a total of One Dollar $
PENSION & RETIREMENT FUND. On August 1, 1978, the Employer agreed to join and be bound by all of the provisions of the Agreement of Trust of what is now the Employer’s – Local 1167 Joint Pension Fund, which is hereby part of this Agreement, including any modifications or amendments thereto and further agreed that the Trustees are authorized to represent the parties to this Agreement and the employee beneficiary thereto.
PENSION & RETIREMENT FUND. Section 1 Effective August 1, 2002 2008the Employer agrees to contribute for paid hours to any or all of its employees covered by this agreement, but not to exceed the maximum contributions per week. Such payment is to be made to the New York State Teamsters Pension and Retirement Fund.
PENSION & RETIREMENT FUND. Section 1 Effective August 1, 200813, the Employer agrees to contribute for paid hours to any or all of its employees covered by this agreement, but not to exceed the maximum contributions per week. Such payment is to be made to the New York State Teamsters Pension and Retirement Fund. Effective August 1, 200813, the Employer also agrees to con- tribute to any and all of its part-time employees covered by this Agreement, but not to exceed the maximum contribution per week payable to the New York State Teamster Pension and Retirement Fund Treasury on or before the tenth (10th) day of the month following the month in which said monies were accrued, except where agreed to by the Fund Trustees but not to exceed by the end of the following month. No contributions are due on behalf of part-time helpers (off-the-street hires) who work during the peak season set forth in Appendix A,

Related to PENSION & RETIREMENT FUND

  • Disability Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

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