Common use of Pension Clause in Contracts

Pension. It is agreed that all Employers covered by this Agreement shall contribute a sum as listed in SCHEDULE “A” herein for each compensable man hour of operating engineers including supervisory employees when covered by this Agreement. Said contributions shall be made on or before the fifteenth (15th) day of the month following the month in which the hours were worked, to Locals 302 & 612, Operating Engineers-Employers Retirement Fund in the manner as set forth in the trust agreement of the said trust fund. The details of the Retirement Plan established by this trust fund shall continue to be controlled and administered by a joint board of trustees composed of equal representation from the Unions and the AGC of Washington who are the signatory to the trust agreement of the aforesaid trust fund. Each Trustee appointed by the Union shall be a member of the appointing Local and each trustee appointed by the employers shall be a member of an affiliated firm of the AGC of Washington or a regular paid employee of the AGC of Washington.

Appears in 14 contracts

Samples: – 2027 Agreement, – 2027 Agreement, – 2027 Agreement

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Pension. It is agreed that all Employers covered by this Agreement shall contribute a sum as listed in SCHEDULE "A" herein for each compensable man hour of operating engineers Operating Engineers including supervisory employees when covered by this Agreement. Said contributions shall be made on or before the fifteenth (15th15) day of the month following the month in which the hours were worked, to Locals 302 & 612, Operating Engineers-Employers Retirement Fund in the manner as set forth in the trust agreement Trust Agreement of the said trust fundTrust Fund. The details of the Retirement Plan established by this trust fund Trust Fund shall continue to be controlled and administered by a joint board Board of trustees Trustees composed of equal representation from the Unions and the AGC of Washington who are the signatory to the trust agreement Trust Agreement of the aforesaid trust fundTrust Fund. Each Trustee appointed by the Union shall be a member of the appointing Local and each trustee Trustee appointed by the employers shall be a member of an affiliated firm of the AGC of Washington or a regular paid employee of the AGC of Washington.

Appears in 6 contracts

Samples: – 2027 Agreement, Agreement, Agreement

Pension. It is agreed that all Individual Employers covered by this Agreement shall contribute a sum as listed in SCHEDULE “A” herein for each compensable man hour of operating engineers including supervisory employees when covered by this Agreement. Said contributions shall be made on or before the fifteenth (15th) day of the month following the month in which the hours were worked, to Locals 302 & 612, Operating Engineers-Employers Retirement Fund in the manner as set forth in the trust agreement of the said trust fund. The details of the Retirement Plan established by this trust fund shall continue to be controlled and administered by a joint board of trustees composed of equal representation from the Unions and the AGC of Washington who are the signatory to the trust agreement of the aforesaid trust fund. Each Trustee appointed by the Union shall be a member of the appointing Local and each trustee appointed by the employers shall be a member of an affiliated firm of the AGC of Washington or a regular paid employee of the AGC of Washington.

Appears in 3 contracts

Samples: 2028 Master Agreement, 2024 Master Agreement, Master Agreement

Pension. It is agreed that all Employers employers covered by this Agreement shall contribute a sum as listed in SCHEDULE "A" herein for each compensable man hour of operating engineers Operating Engineers including supervisory employees when covered by this Agreement. Said contributions shall be made on or before the fifteenth (15th15) day of the month following the month in which the hours were worked, to Locals 302 & 612, Operating Engineers-Employers Retirement Fund in the manner as set forth in the trust agreement of the said trust fund. The details of the Retirement Plan established by this trust fund Trust Fund shall continue to be controlled and administered by a joint board of trustees composed of equal representation from the Unions and the AGC of Washington who are the signatory to the trust agreement of the aforesaid trust fundTrust Fund. Each Trustee appointed by the Union shall be a member of the appointing Local and each trustee appointed by the employers shall be a member of an affiliated firm of the AGC of Washington or a regular paid employee of the AGC of Washington.

Appears in 1 contract

Samples: 2012 Agreement Operating Engineers Local 302 Master Labor Agreement

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Pension. It is agreed that all Employers covered by this Agreement shall contribute a sum as listed in SCHEDULE “A” herein for each compensable man hour of operating engineers Operating Engineers including supervisory employees when covered by this Agreement. Said contributions shall be made on or before the fifteenth (15th15) day of the month following the month in which the hours were worked, to Locals 302 & 612, Operating Engineers-Employers Retirement Fund in the manner as set forth in the trust agreement Trust Agreement of the said trust fundTrust Fund. The details of the Retirement Plan established by this trust fund Trust Fund shall continue to be controlled and administered by a joint board Board of trustees Trustees composed of equal representation from the Unions and the AGC of Washington who are the signatory to the trust agreement Trust Agreement of the aforesaid trust fundTrust Fund. Each Trustee appointed by the Union shall be a member of the appointing Local and each trustee Trustee appointed by the employers shall be a member of an affiliated firm of the AGC of Washington or a regular paid employee of the AGC of Washington.

Appears in 1 contract

Samples: Master Labor Agreement

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