Common use of RETAIL CLERKS INDUSTRY PENSION PLAN Clause in Contracts

RETAIL CLERKS INDUSTRY PENSION PLAN. Effective January 1, 2000, the Employer agrees to contribute an amount equal to four percent (4%) of all earnings, less taxable benefits, on behalf of each employee covered by this Agreement. Effective January 1, 2001, this contribution shall increase to five percent (5%) ; on January 1, 2002, this will increase to six percent (6%); and on January 1, 2003, this will increase to seven and a half percent (7.5%). After January 1, 2000, the employees shall also make a contribution, by way of payroll deduction, as follows: Up to 30 years of age: 0% 30 - 39 years of age: 1% 40 - 49 years of age: 2% 50 years of age and older 4%

RETAIL CLERKS INDUSTRY PENSION PLAN. Effective January 1, 2000, the Employer agrees to contribute an amount equal to four percent (4%) of all earnings, less taxable benefits, on behalf of each employee covered by this Agreement. Effective January 1, 2001, this contribution shall increase to five percent (5%) ; on January 1, 2002, this will increase to six percent (6%); and on January 1, 2003, this will increase to seven and a half percent (7.5%). After January 1, 2000, the employees shall also make a contribution, by way of payroll deduction, as follows: Up to 30 years of age: age 0% 30 - 39 years of age: age 1% 40 - 49 years of age: age 2% 50 years of age and older 4%

RETAIL CLERKS INDUSTRY PENSION PLAN. Effective January 1, 20001999, the Employer agrees to contribute an amount equal to four six percent (46%) of all earnings, less taxable benefits, on behalf of each employee covered by this Agreementagreement. Effective January 1, 2000, this contribution shall increase to seven percent (7%); on January 1, 2001, this contribution shall increase to five percent (5%) ; on January 1, 2002, this will increase to six eight percent (6%); and on January 1, 2003, this will increase to seven and a half percent (7.58%). After January 1, 20001999, the employees employee shall also make a contribution, by way of payroll deduction, as follows: Up to 30 years of age: age 0% 30 - 39 years of age: age 1% 40 - 49 years of age: age 2% 50 years of age and older 4%