Common use of Pension Trust Fund Clause in Contracts

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 Trust Fund.

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 No pension 2nd six months 50% of Level Two Journeyperson pension contributions 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 Trust Fund.

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 sum of four dollars and fifty-eight cents ($4.58) per hour for every hour of labour worked by his/her his 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. Effective October 30, 2011 the contribution shall be four dollars and ninety-three cents ($4.93), effective October 28, 2012 the contribution shall be five dollars and twenty-eight cents ($5.28) and effective October 27, 2013 the contribution shall be five dollars and fifty- eight cents ($5.58). 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 Trust Fund.

Pension Trust Fund. 20:01 (a) The Employer and shall contribute to 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 account named 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. , the amounts shown in Clause 10.01 of this Agreement, for every hour that an employee covered by the terms of this Agreement is employed, as indicated in Clause 15.01 of this Agreement. (b) Contributions will be made on the basis of full or half hours and all (1/2) hours. (c) These contributions shall be submitted monthly in addition to any Compulsory Government Pension Plan. 17.02 All such contributions shall be recorded by the Employer on forms to be provided by the Union and listing the names of Employees, social insurance numbers and hourly contributions for each employee, and forwarded with a cheque in the required amount, on or before the fifteenth (15th) 15th day of the month following the month for which such contributions are payabledue, to the applicable trust fund named by the Trustees for deposit to the above mentioned trust fund account. A copy of the said list is to be retained by the Employer. 17.03 Members of the Union shall have the right to make voluntary contributions to the Pension Plan to provide for personal increased benefits. 17.04 All amounts paid by the Employer to the Pension Trust Fund shall be in addition to the hourly wage rates established in the agreement this Agreement and in no case shall the Employer deduct any such amounts from the Employee's ’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 17.05 In the event case of failure of the Employer fails to remit contribute into the appropriate Pension Trust Fund contributions in the specified account on the due date, the Union or Trustees in their joint names, names may take legal action against the Employer for the recovery of the amount due. 20:05 17.06 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-man hour earned may be negotiated in each succeeding agreementAgreement. 20:06 17.07 The Employer and the Union agree to comply with all the provisions and requirements of the Pension contributions do not apply to Trust Fund and the classification Declaration of Utility Worker. Pension contributions do not apply to trust, between the first (Employers and the Union dated October 1st) one thousand (1000) hours worked by a Probationary Member ***. The hours worked by a Probationary Member , 1968, and such rules and regulations as the Trustees of the Fund deem necessary for the purpose successful operation of determining the commencement said trust fund. However, the liability of contributions any Employer to the Pension Trust Fund shall be limited to its obligation to pay the hours worked that amounts stated in this Agreement at the times and in the manner stated, together with any penalties as set forth herein. 17.08 The Trustees shall have been recorded full authority by majority vote to determine the Health amounts and Welfare Trust Fundselect the forms of Pension Benefits to be provided under the Pension Plan, and shall be responsible for the administration of the Plan, increasing and decreasing of benefits payable, and the eligibility of claims payable and be responsible for carrying out all of the provisions and requirements of the Federal and Provincial laws relating to Government Registered Pension Plans. 17.09 The Trustees shall make provision for an annual audit by a company of Chartered Accountants, and a certified copy of the auditor’s report and balance sheet shall be made available for viewing to all contributory Employers and members of the Union.

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 his 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 Journeyman pension Year Two 2nd six months 2nd twelve months 50% of Level Two Journeyperson Journeyman pension Year Two 2nd twelve months 60% of Level Two Journeyperson Journeyman pension Year Three 3rd twelve months 75% of Level Two Journeyperson Journeyman pension Year Four a period of at least 12 months 85% of Level Two Journeyperson Journeyman pension Year Four completion of Level 4 90% of Level Two Journeyperson Journeyman 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 Trust Fund.