Pension Trust Fund. Contingent upon the Fund being jointly and equally trusteed, the Employer shall contribute to the International Union of Operating Engineers Local 870 Pension Trust Fund in accordance with the attached Appendix A and forming part of this Agreement.
Pension Trust Fund. The parties hereto acknowledge the Pension Fund called Labourers' Pension Fund of Western Canada (hereafter called "The Fund") as constituted by a Trust Agreement dated the 12th day of December, 1972, together with all amendments thereto.
Pension Trust Fund. Section 1. On work covered by this Agreement, the Employer agrees to pay into the Indiana Laborers Pension Fund the amount in cents per hour as shown in Article XXVII. Payment shall be made on the dates, in the manner, form and in accordance with the rules and regulations as adopted by the Trustees of the herein mentioned Pension Trust Fund. The Employer may submit funds electronically.
Section 2. The Employer agrees to be bound by the Agreement and Declaration of Trust entered into and dated June 1, 1962, establishing the Indiana State District Council of Laborers and Hod Carriers Pension Fund and Participating Employers and by any amendments to said Trust Agreement.
Section 3. The Pension Trust Fund shall be administered in accordance with all provisions of applicable law.
Pension Trust Fund. Each Employer subject hereto shall contribute the amount established in the respective wage schedule for each and every hour worked by an Employee covered by this Agreement to the International Union of Operating Engineers Local 870 Pension Trust Fund, X.X. Xxx 0000, Xxxxxxxxx, XX, X0X 0X0. Contributions to the Pension Trust Fund on behalf of an Indentured or Unindentured Apprentice shall be calculated on the basis of 18% of the Apprentice's gross wage rate (basic wage rate + 4.5% statutory holiday pay + 6% vacation pay) but in any case shall not exceed the contribution amounts above.
Pension Trust Fund. The Employer will contribute to the Insulators Pension Trust Fund, to be established by a Joint Board of Trustees, in accordance with the attached Appendix A and forming part of this Agreement.
Pension Trust Fund. In addition to the wages, vacation pay and other benefits set out in this Collective Agreement, each Em- ployer will contribute the sum of pension contribution as stipulated in the wage schedule for all regular and overtime hours worked by each Employee covered by the Collective Agreement to the Trust Fund known as “Local Union 47 Pension Trust Fund”. Without limiting the terms of the said Trust Agreement to be entered into, the purpose and intent of such Agreement shall be to purchase Pension and Supplementary Benefits and such other benefits as the said Trustees shall deem advisable, provided, however, that all such ben- efits shall be for the exclusive advantage and benefit of the Employees covered by this Collective Agree- ment. The Union and the Association agree to the ad- ministration of the Local Union 47 Pension Trust Fund by the established Trustees. The Employer agrees to abide by the terms and conditions established in the Trust Agreement between M.C.A. Ottawa and Local 47 and such amendments as made by the parties to the Trust Agreement from time to time. Payment to the said Local Union 47 Pension Trust Fund shall be made by the Employers prior to the 15th day of the month immediately following the month in which the said wages were earned and at no time shall the payments be made to any individual employee. Payments to the Local Union 47 Pension Trust Fund shall be accompanied by a completed monthly report on a form to be supplied to the Employers by the Trust- ees and/or the Administrator appointed by the said Trustees to administer the said Trust Funds. All amounts paid by the Employer to the Pension Trust Fund shall be in addition to the hourly wage rates established in this Agreement and in no case shall the Employer deduct any such amounts from the Employ- ee’s wage. In the event that this Pension Plan is discontinued for any reason whatsoever, the hourly contributions herein agreed will become part of the hourly wages of the employee on whose behalf they have been for- xxxxx contributed.
Pension Trust Fund. The Employer shall contribute to the Labourers’ Pension Trust Fund of Western Canada the amount established in the wage schedule per hour for each hour of work earned by each of its Employees covered by this Agreement. Contributions for the said Fund shall be forwarded to: Funds Administrative Service, 9th Floor, 0000 - 000xx Xxxxxx, Xxxxxxxx, XX, X0X 0X0. Contributions to the Pension Trust Fund shall not exceed eighteen percent (18%) of an Employee’s gross wages. Special Provision - Funds Administrative Service will, as a requirement of this agreement, transfer the Pension contribution amounts for the first 300 hours of an Apprentice 1's earnings to the Saskatchewan Construction and General Workers Training Trust Fund. This provision does not change the remittance procedures relating to Pension or Training Fund contributions for the Employer.
Pension Trust Fund. The Employer shall contribute the amount set out in the respective wage scale for each hour earned by each Employee covered by this Agreement to the Iron Workers (Saskatchewan) Central Pension Trust Funds as established by the Committee.
Pension Trust Fund. 20:01 The Employer and the Union agree that a Pension Plan shall be established for Employees identified in the terms of this agreement.
20:02 Selection, implementation, and administration of the Pension Plan will be carried out and continued by the Trustees of the Health and Welfare Trust Fund.
20:03 The Employer agrees to contribute the amount established in the respective wage schedule per hour for every hour of labour worked by his/her Employee(s) covered by the terms of the agreement; and shall submit such contributions to a Trust Fund Deposit Account as designated by the Union and Employer Trustees of the Pension Trust Fund. Contributions will be made on the basis of full or half hours and all contributions shall be submitted monthly on or before the fifteenth (15th) of the month following the month for which such contributions are payable. All amounts paid by the Employer to the Pension Trust Fund shall be in addition to the hourly wage rates established in the agreement and in no case shall the Employer deduct any such amounts from the Employee's wages. The Employer shall contribute to the Pension Fund on behalf of each Apprentice, based on the following: Year One 1st six months 45% of Level Two Journeyperson pension 2nd six months 50% of Level Two Journeyperson pension Year Two 2nd twelve months 60% of Level Two Journeyperson pension Year Three 3rd twelve months 75% of Level Two Journeyperson pension Year Four a period of at least 12 months 85% of Level Two Journeyperson pension Year Four completion of Level 4 90% of Level Two Journeyperson pension
20:04 In the event the Employer fails to remit the appropriate Pension Trust Fund contributions in the specified account on the due date, the Union or Trustees in their joint names, may take legal action against the Employer for recovery of the amount due.
20:05 The terms of the Pension Trust Fund and Plan shall not be negotiable under the terms of any Collective Bargaining Agreement. Only that portion pertaining to the number of cents per man-hour earned may be negotiated in each succeeding agreement.
20:06 Pension contributions do not apply to the classification of Utility Worker. Pension contributions do not apply to the first (1st) one thousand (1000) hours worked by a Probationary Member ***. The hours worked by a Probationary Member for the purpose of determining the commencement of contributions to the Pension Trust Fund shall be the hours worked that have been recorded by the Health and Welfare ...
Pension Trust Fund. Each Employer subject hereto shall contribute the amount established in the respective wage schedule for each and every hour earned by an Employee covered by this Agreement to the International Union of Operating Engineers Local 870 Pension Trust Fund, X.X. Xxx 0000, Xxxxxxxxx, XX, X0X 0X0. The Employer shall have the option to remit using electronic fund transfers.
