Common use of PLUMBERS AND PIPEFITTERS NATIONAL PENSION FUND Clause in Contracts

PLUMBERS AND PIPEFITTERS NATIONAL PENSION FUND. The undersigned Employer and Union agree that the Employer shall make pension contributions to the National Pension Fund in accordance with the terms of this agreement on behalf of those employees who are covered by the National Pension Fund pursuant to the Collective Bargaining Agreement. (a) Commencing with the 16th day of February, 2009, and for the duration of the current Collective Bargaining Agreement between the said parties, and any renewals or extensions thereof, the Employer agrees to make payments to the Plumbers and Pipefitters National Pension Fund for each Employee who is covered by the Plan in each classification listed below in accordance with the said Collective Bargaining Agreement, as shown on Attachment G. Any classification of Employees who are excluded from the Plan pursuant to good faith bargaining and for whom contributions are not required by the collective bargaining agreement shall not participate in the Plan. Persons in such excluded classifications shall not be considered “Employees” for purposes of the Plan and this Standard Form of Participation Agreement. (b) The Employer shall make the contributions set out in subparagraph 1 (a) for each hour or portion thereof, for which an Employee is paid or entitled to payment for performance of duties for the Employer. (Each overtime hour shall be counted as one regular hour for which contributions are payable.) (c) Contributions as set out in subparagraph 1(a) above shall be paid starting with the Employee’s first day of employment in a job classification covered by the Collective Bargaining Agreement. (d) The payments to the Pension Fund required above shall be made to the “Plumbers and Pipefitters National Pension Fund” which was established under an Agreement and Declaration of Trust, dated July 23, 1968 and restated December 13, 1978. The Employer, by signing this Standard Form of Participation Agreement or by signing a Collective Bargaining Agreement providing for participation in the Plumbers and Pipefitters National Pension Fund, agrees to be bound by all of the terms and conditions of the Restated Agreement and Declaration of Trust thereby ratifies, accepts and designates as its representatives the Employer Trustees then serving as such and authorizes said Employer Trustees to designate additional Employer Trustees and successor Employer Trustees in accordance with the terms and conditions thereof and authorizes the Trustees to adopt amendments to the Restated Agreement and Declaration of Trust. The Employer hereby acknowledges receipt of a copy of the Restated Agreement and Declaration of Trust in effect when this Agreement is signed. 2. It is agreed that the Pension Plan adopted by the Trustees of the said Pension Fund shall at all times conform with the requirements of the Internal Revenue Code so as to enable the Employer at all times to treat contributions to the Pension Fund as a deduction for income tax purposes. 3. It is agreed that all contributions shall be made at such time and in such manner as the Trustees require, and the Trustees shall have the authority to retain an accountant or accounting firm to perform payroll audits of the Employer to determine whether the correct amount of contributions have been made or to determine whether contributions have been made on behalf of all Employees covered by the plan. 4. If an Employer fails to make contributions to the Pension Fund within 20 days of the end of the month during which the work was performed, the Union shall have the right to take whatever steps are necessary to secure compliance, any provision of the collective Bargaining Agreement to the contrary notwithstanding, and the Employer shall be liable for all costs and expenses for collecting the payments due, together with attorneys’ fees, interest on the unpaid contributions of 12% per annum, and liquidated damages of 10% of the unpaid contributions. The employer’s liability for payment hereunder shall not be subject to the grievance of arbitration procedure or the “no-strike” clause provided under the Collective Bargaining Agreement. 5. The parties agree that this Participation Agreement shall be considered a part of the Collective Bargaining Agreement between the undersigned parties. 6. The expiration date of the present Collective Bargaining Agreement between the undersigned parties is the 16th day of February, 2014. Copies of the collective Bargaining Agreement and all renewal or extension agreements will be furnished promptly to the Pension Fund Office and, if not consistent with this Participation Agreement, can be used by the Trustees as the basis for termination of participation of the Employer. 7. Pension contribution can be changed once annually (at the Contract anniversary date); and total hourly compensation will not exceed the total hourly compensation shown in Attachment G. Any changes in contribution will take effect the first day of Bristol Piping Systems fiscal month following the receipt of the 30-day notice.

Appears in 1 contract

Samples: Collective Bargaining Agreement (Synalloy Corp)

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PLUMBERS AND PIPEFITTERS NATIONAL PENSION FUND. The undersigned Employer and Union agree that the Employer shall make pension contributions to the National Pension Fund in accordance with the terms of this agreement on behalf of those employees who are covered by the National Pension Fund pursuant to the Collective Bargaining Agreement. (a) Commencing with the 16th 15th day of February, 20092004, and for the duration of the current Collective Bargaining Agreement between the said parties, and any renewals or extensions thereof, the Employer agrees to make payments to the Plumbers and Pipefitters National Pension Fund for each Employee who is covered by the Plan in each classification listed below in accordance with the said Collective Bargaining Agreement, as shown on Attachment G. Any classification of Employees who are excluded from the Plan pursuant to good faith bargaining and for whom contributions are not required by the collective bargaining agreement shall not participate in the Plan. Persons in such excluded classifications shall not be considered "Employees" for purposes of the Plan and this Standard Form of Participation Agreement. (b) The Employer shall make the contributions set out in subparagraph 1 (a) for each hour or portion thereof, for which an Employee is paid or entitled to payment for performance of duties for the Employer. (Each overtime hour shall be counted as one regular hour for which contributions are payable.) (c) Contributions as set out in subparagraph 1(a1 (a) above shall be paid starting with the Employee’s 's first day of employment in a job classification covered by the Collective Bargaining Agreement. (d) The payments to the Pension Fund required above shall be made to the "Plumbers and Pipefitters National Pension Fund" which was established under an Agreement and Declaration of Trust, dated July 23, 1968 and restated December 13, 1978. The Employer, by signing this Standard Form of Participation Agreement or by signing a Collective Bargaining Agreement providing for participation in the Plumbers and Pipefitters National Pension Fund, agrees to be bound by all of the terms and conditions of the Restated Agreement and Declaration of Trust thereby ratifies, accepts and designates as its representatives the Employer Trustees then serving as such and authorizes said Employer Trustees to designate additional Employer Trustees and successor Employer Trustees in accordance with the terms and conditions thereof and authorizes the Trustees to adopt amendments to the Restated Agreement and Declaration of Trust. The Employer hereby acknowledges receipt of a copy of the Restated Agreement and Declaration of Trust in effect when this Agreement is signed. 2. It is agreed that the Pension Plan adopted by the Trustees of the said Pension Fund shall at all times conform with the requirements of the Internal Revenue Code so as to enable the Employer at all times to treat contributions to the Pension Fund as a deduction for income tax purposes. 3. It is agreed that all contributions shall be made at such time and in such manner as the Trustees require, and the Trustees shall have the authority to retain an accountant or accounting firm to perform payroll audits of the Employer to determine whether the correct amount of contributions have been made or to determine whether contributions have been made on behalf of all Employees covered by the plan. 4. If an Employer fails to make contributions to the Pension Fund within 20 days of the end of the month during which the work was performed, the Union shall have the right to take whatever steps are necessary to secure compliance, any provision of the collective Collective Bargaining Agreement to the contrary notwithstanding, and the Employer shall be liable for all costs and expenses for collecting the payments due, together with attorneys' fees, interest on the unpaid contributions of 12% per annum, and liquidated damages of 10% of the unpaid contributions. The employer’s 's liability for payment hereunder shall not be subject to the grievance of or arbitration procedure or the "no-strike" clause provided under the Collective Bargaining Agreement. 5. The parties agree that this Participation Agreement shall be considered a part of the Collective Bargaining Agreement between the undersigned parties. 6. The expiration date of the present Collective Bargaining Agreement between the undersigned parties is the 16th 15th day of February, 20142009. Copies of the collective Bargaining Agreement and all renewal or extension agreements will be furnished promptly to the Pension Fund Office and, if not consistent with this Participation Agreement, can be used by the Trustees as the basis for termination of participation of the Employer. 7. Pension contribution can be changed once annually (at the Contract anniversary date); and total hourly compensation will not exceed the total hourly compensation shown in Attachment G. Any changes in contribution will take effect the first day of Bristol Piping Systems fiscal month following the receipt of the 30-day notice.

Appears in 1 contract

Samples: Collective Bargaining Agreement (Synalloy Corp)

PLUMBERS AND PIPEFITTERS NATIONAL PENSION FUND. The undersigned Employer and Union agree that the Employer shall make pension contributions to the National Pension Fund in accordance with the terms of this agreement on behalf Agreement, including the execution of those employees who are covered by the National Pension Fund pursuant to the Collective Bargaining Agreementall documents. (a) Commencing with C.2.4.1 The parties agree that the 16th day of February, 2009, and for the duration of the current Collective Bargaining Agreement between the said parties, and any renewals or extensions thereof, the Employer agrees to Employers shall make payments pension contributions to the Plumbers and Pipefitters National Pension Fund for each Employee who is covered by the Plan in each classification listed below in accordance with the said Collective Bargaining Agreement, as shown on Attachment G. Any classification terms of Employees who are excluded from this Agreement and the Plan pursuant to good faith bargaining and for whom contributions are not required by the collective bargaining agreement shall not participate in the Plan. Persons in such excluded classifications shall not be considered “Employees” for purposes requirements of the Plan and this Standard Form Trustees of Participation Agreement. (b) the Fund. The Employer Employers shall make the contributions set out in subparagraph 1 (a) to the National Pension Fund for each hour or portion thereof, for which an any Employee is paid or entitled to payment for performance of duties for the Employer. (Each Employers, and each overtime hour shall be counted as one regular hour for which contributions are payable.) (c) Contributions as set out in subparagraph 1(a) above C.2.4.2 The Employers shall be paid starting with continue contributions to the Employee’s first day of employment in a job classification National Pension Fund for any compensated Employees who were previously covered by the Collective Bargaining AgreementNational Pension Fund as members of the bargaining unit and who are continuing to perform work of the type covered by this Agreement for at least half of their hours with the Employer. It is understood that the Employers may not make contributions on behalf of any Employee who owns, or whose spouse owns, 10% or more of the corporation unless it signs and abides by a participation agreement covering such owner Employees. It is also agreed that the Employers shall not make contributions to the National Pension Fund on behalf of any Employees other than those covered by this Agreement or by a separate participation agreement. (d) The payments to the Pension Fund required above C.2.4.3 It is agreed that all contributions shall be made to the Plumbers and Pipefitters National Pension Fund” Fund which was established under an Agreement and Declaration of Trust, dated July 23, 1968 and restated December 13, 1978. The Employer, as xxxxxxx.xx such time and in such manner as required by signing this Standard Form Agreement and in accordance with any other requirements set by the Trustees of Participation Agreement or by signing a Collective Bargaining Agreement providing for participation in the Plumbers and Pipefitters National Pension Fund. The Employers hereby ratify, agrees to be bound by all of the terms accept and conditions of the Restated Agreement and Declaration of Trust thereby ratifies, accepts and designates designate as its their representatives the Employer Trustees then serving as such and authorizes authorize said Employer Trustees to designate additional Employer Trustees and successor Employer Trustees in accordance with Trustees. The Employers also authorize the terms and conditions thereof and authorizes the Employer Trustees to adopt amendments to the Restated Agreement and Declaration of Trust. The Employer hereby acknowledges receipt of a copy of the Restated Agreement and Declaration of Trust in effect when this Agreement is signed. 2. It is agreed that the Pension Plan adopted by the Trustees of the said Pension Fund shall at all times conform with the requirements of the Internal Revenue Code so as to enable the Employer at all times to treat contributions to the Pension Fund as a deduction for income tax purposes. 3. It is agreed that all contributions shall be made at such time and in such manner as the Trustees requireIn addition, and the Trustees shall have the authority to retain an accountant or accounting firm to perform payroll audits of the Employer Employers to determine whether the correct amount of contributions have been made or to determine whether contributions have been made on behalf of all Employees covered by the plan. 4. If an Employer fails to make contributions to the National Pension Fund within 20 days of the end of the month during which the work was performed, the Union shall have the right to take whatever steps are necessary to secure compliance, any provision of the collective Bargaining Agreement to the contrary notwithstanding, and the Employer shall be liable for all costs and expenses for collecting the payments due, together with attorneys’ fees, interest on the unpaid contributions of 12% per annum, and liquidated damages of 10% of the unpaid contributionsPlan. The employer’s Employers’ liability for payment hereunder to the Plumbers and Pipefitters National Pension Fund shall not be subject to the grievance of or arbitration procedure or the any “no-strike” clause provided under this Agreement, and the Collective Bargaining AgreementTrustees may impose interest and liquidated damages on unpaid contributions as provided in the Restated Agreement and Declaration of Trust. 5. The parties agree C.2.4.4 It is agreed that this Participation Agreement shall be considered a part of the Collective Bargaining Agreement between the undersigned parties. 6. The expiration date of the present Collective Bargaining Agreement between the undersigned parties is the 16th day of February, 2014. Copies of the collective Bargaining Agreement and all renewal or extension agreements will be furnished promptly to the Pension Fund Office and, if not consistent with this Participation Agreement, can be used Plan adopted by the Trustees as the basis for termination of participation of the Employer. 7. National Pension contribution can be changed once annually (Fund shall at all times conform with the Contract anniversary date); and total hourly compensation will not exceed the total hourly compensation shown in Attachment G. Any changes in contribution will take effect the first day of Bristol Piping Systems fiscal month following the receipt requirements of the 30-day noticeInternal Revenue Code so as to enable the Employers at all times to treat contributions to the National Pension Fund as a deduction for income tax purposes.

Appears in 1 contract

Samples: Master Agreement

PLUMBERS AND PIPEFITTERS NATIONAL PENSION FUND. Standard Form of Participation Agreement The undersigned Employer and Union agree represent that the Employer shall make pension contributions to only agreement between the National Pension Fund in accordance with the terms of this agreement on behalf of those said parties regarding pensions or retirement for employees who are covered by the National Pension Fund pursuant to the Collective Bargaining Agreement.Agreement between the parties is as follows: (a) 1. Commencing with the 16th 1st day of FebruaryJuly, 20092018, and for the duration of the current Collective Bargaining Agreement between the said parties, and any renewals or extensions thereof, the Employer agrees to make payments to the Plumbers and Pipefitters National Pension Fund for each Employee who is employee covered by the Plan in each classification listed below in accordance with the said Collective Bargaining Agreement, as shown on Attachment G. Any classification of Employees who are excluded from the Plan pursuant to good faith bargaining and for whom contributions are not required by the collective bargaining agreement shall not participate in the Plan. Persons in such excluded classifications shall not be considered “Employees” for purposes of the Plan and this Standard Form of Participation Agreement.follows: (b) The Employer shall make the contributions set out in subparagraph 1 (a) for For each hour or portion thereof, for which an Employee is paid or entitled employee receives pay, the Employer shall make a contribution to payment for performance of duties for the Employerabove named Pension Fund. (Each each overtime hour shall be counted as one regular hour for which contributions are payable.) (b) For purpose of this article, each hour paid for, including hours attributable to show up time, travel time and other hours for which pay is received by the employee in accordance with the Collective Bargaining Agreement, shall be counted as hours for which contributions are payable. (c) Contributions as set out in subparagraph 1(a) above shall be paid on behalf of any employee starting with the Employee’s employee's first day of employment in a job classification covered by the Collective Bargaining Agreement. This includes, but is not limited to, apprentices. (d) The payments to the Pension Fund required above shall be made to the "Plumbers and Pipefitters National Pension Fund" which was established under an Agreement agreement and Declaration of Trust, Trust dated July 23, 1968 and restated December 13, 19781968. The Employer, by signing this Standard Form of Participation Agreement or by signing a Collective Bargaining Agreement providing for participation in the Plumbers and Pipefitters National Pension Fund, Employer agrees to be bound by all of the terms and conditions of the Restated Agreement and Declaration of Trust, a copy of which has been or will be signed by the Employer in the place provided at the end of such Agreement. Any Employer so adopting and becoming a party to this agreement and Declaration of Trust thereby ratifiesratified, accepts and designates as its representatives the Employer Trustees then serving as such and authorizes said Employer Trustees to designate additional Employer Trustees and successor Employer Trustees in accordance with the terms and conditions thereof and authorizes the Trustees to adopt amendments to the Restated Agreement and Declaration of Trust. The Employer hereby acknowledges receipt of a copy of the Restated Agreement and Declaration of Trust in effect when this Agreement is signedthereof. 2. It is agreed that the Pension Plan adopted by the Trustees of the said Pension Fund shall at all times conform with the requirements of the Internal Revenue Code so as to enable the Employer at all times to treat contributions to the Pension Fund as a deduction for income tax purposes. 3. It is agreed that all contributions shall be made at such time and in such manner as the Trustees require, required; and the Trustees shall have the authority to retain have an accountant or accounting firm to perform independent Certified Public Accountant audit payroll audits and wage records of the Employer to determine whether for the correct amount purpose of determining the accuracy of contributions have been made or to determine whether contributions have been made on behalf of all Employees covered by the planPension Fund. 4. If an Employer fails to make contributions to the Pension Fund within 20 twenty days of after the end of date required by the month during which the work was performedTrustees, the Union shall have the right to take whatever steps are necessary to secure compliancecompliance with this Agreement, any provision of the collective Collective Bargaining Agreement to the contrary notwithstanding, and the Employer shall be liable for all costs and expenses for collecting the payments due, due together with attorneys’ fees, interest on attorney's fees and such late payment fees which may be assessed by the unpaid contributions of 12% per annum, and liquidated damages of 10% of the unpaid contributionsTrustees. The employer’s Employer's liability for payment hereunder shall not be subject to the grievance of or arbitration procedure or of the "no-strike" clause provided under the Collective Bargaining Agreement. 5. The parties agree that this Participation Agreement shall be considered a part of the Collective Bargaining Agreement between the undersigned parties. 6. The expiration date of the present Collective Bargaining Agreement between the undersigned parties is the 16th day of FebruaryJune 30, 20142018. Copies of the collective Collective Bargaining Agreement and all renewal or extension agreements will be furnished promptly to the Pension Fund Office and, office and if not consistent with this Participation Agreement, can be used by the Trustees as the basis for termination of participation of the Employer. 7. Pension contribution can be changed once annually (at the Contract anniversary date); and total hourly compensation will not exceed the total hourly compensation shown in Attachment G. Any changes in contribution will take effect the first day of Bristol Piping Systems fiscal month following the receipt of the 30-day notice.PLUMBERS & STEAMFITTERS LOCAL 565 AUXILIARY PENSION PLAN

Appears in 1 contract

Samples: Collective Bargaining Agreement

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PLUMBERS AND PIPEFITTERS NATIONAL PENSION FUND. (A) The undersigned Employer and Union agree that the Employer shall make pension contributions to the National Pension Fund in accordance with the terms of this agreement Agreement on behalf of those employees Employees who are covered by the National Pension Fund pursuant to the Collective Bargaining Agreement. (a) 1. Commencing with the 16th first (1st) day of February, 2009, May 2017 and for the duration of the current Collective Bargaining Agreement between the said parties, parties and any renewals or extensions thereofextensions, the Employer agrees to make payments to the Plumbers and Pipefitters National Pension Fund for each Employee who is covered by the Plan in each classification listed below in accordance with the said Collective Bargaining Agreement, Agreement as shown on Attachment G. Any classification of Employees who are excluded from the Plan pursuant to good faith bargaining and for whom contributions are not required by the collective bargaining agreement shall not participate in the Plan. Persons in such excluded classifications shall not be considered “Employees” for purposes of the Plan and this Standard Form of Participation Agreementnegotiated. (b) 2. The Employer shall make the contributions set out in subparagraph 1 paragraph (a1) above for each hour or portion thereof, thereof for which an Employee employee is paid or entitled to payment for performance of duties for the Employer. (Each overtime hour shall be counted as one regular hour for which contributions are payable.) (c) 3. Contributions as set out in subparagraph 1(aparagraph (1) above shall be paid starting with the Employee’s employee's first day of employment in a job classification covered by the Collective Bargaining Agreement. (dB) The payments to the Pension Fund required above shall be made to the "Plumbers and Pipefitters National Pension Fund" which was established under an Agreement and Declaration of Trust, dated July 23, 1968 and restated December 13, 1978. The Employer, by signing this Standard Form of Participation Agreement Agreement, or by signing a Collective Bargaining Agreement providing for participation in the Plumbers and Pipefitters National Pension Fund, agrees to be bound by all of the terms and conditions of the Restated Agreement and Declaration of Trust. Any Employer so adopting the Restated Agreement and Declaration of Trust thereby ratifies, accepts and designates as its representatives the Employer Trustees then serving as such and authorizes said Employer Trustees to designate additional Employer Trustees and successor Employer Trustees in accordance with the terms and conditions thereof thereof, and authorizes the Trustees to adopt amendments to the Restated Agreement and Declaration of Trust. The Employer hereby acknowledges receipt of a copy of the Restated Agreement and Declaration of Trust in effect when this Agreement is signed. 2. (C) It is agreed that the Pension Plan adopted by the Trustees of the said Pension Fund shall at all times conform with the requirements of the Internal Revenue Code so as to enable the Employer at all times to treat contributions to the Pension Fund as a deduction for income tax purposes. 3. (D) It is agreed that all contributions shall be made at such time and in such manner as the Trustees require, and the Trustees shall have the authority to retain an accountant or accounting firm to perform payroll audits of the Employer to determine whether the correct amount of contributions have been made or to determine whether contributions have been made on behalf of all Employees covered by the planPlan. 4. (E) If an Employer fails to make contributions to the Pension Fund within 20 twenty (20) days of the end of the month during which the work was performed, the Union shall have the right to take whatever steps are necessary to secure compliance, any provision of the collective Bargaining bargaining Agreement to the contrary notwithstanding, and the Employer shall be liable for all costs and expenses for collecting the payments due, together with attorneys’ attorney’s fees, interest on the unpaid contributions of 12% twelve percent(12%) per annum, and liquidated damages of ten percent( 10% %) of the unpaid contributions. The employer’s Employer's liability for payment hereunder shall not be subject to the grievance of or arbitration procedure or the no-strike” strike clause provided under the Collective Bargaining collective bargaining Agreement. 5. (F) The parties agree that this Participation Agreement shall be considered a part of the Collective Bargaining collective bargaining Agreement between the undersigned parties. 6. (G) The expiration date of the present Collective Bargaining collective bargaining Agreement between the undersigned parties is the 16th day of FebruaryApril 30, 20142020. Copies of the collective Bargaining Agreement bargaining Agreements and all renewal or extension agreements will be furnished promptly to the Pension Fund Office office and, if not consistent with this Participation Agreement, can be used by the Trustees as the basis for termination of participation of the Employer. 7. Pension contribution can be changed once annually (at the Contract anniversary date); and total hourly compensation will not exceed the total hourly compensation shown in Attachment G. Any changes in contribution will take effect the first day of Bristol Piping Systems fiscal month following the receipt of the 30-day notice.

Appears in 1 contract

Samples: Labor Management Agreement

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