Retirement Fund. The sum of $ 7.90, May 1, 2019 (May 1, 2020 $8.07; May 1, 2021 $ 8.24) per paid hour; ex- cept that Apprentices starting after April 30, 1997 will have this amount pro-rated in ac- cordance with their term level;
Retirement Fund. Each Employee (including persons engaged through Loan-Out Companies) shall receive retirement contributions in a sum equal to eight and one-half percent (8.5%) of Gross Wages, payable each pay period. The DGC shall operate and administer the DGC Group Retirement Savings Plan (hereinafter the “Retirement Fund”) for the purpose of providing retirement benefits to eligible members of the DGC. Each eligible Member of the DGC may elect in writing to have his or her compensation reduced by means of a payroll deduction and to have the deducted amounts paid on his or her behalf to the Retirement Fund. Payment shall be made by cheque payable to “Directors Guild of Canada - Group Retirement Savings Plan” on or before the fourth day of the succeeding work week and shall be remitted for purposes of collection and transmittal through the Union office.
Retirement Fund. All Officers shall contribute the employee’s share to the Wisconsin Retirement System as established by law. Employees hired prior to July 1st, 2011 shall not contribute greater than 7% as the employee’s share.
Retirement Fund. Company shall take part in the key man retirement fund of the Company, which has been instituted for the Executive and Company shall contribute to and maintain said fund for the duration of Executive's employment hereunder.
Retirement Fund. The Employer shall assume the cost of each Bargaining Unit member's contribution to the Michigan Public School Employees Retirement Fund. Employees eligible for retirement benefits may elect to participate in the Optional Retirement Plan.
Retirement Fund. The employee contributions so picked-up by the City shall for all purposes (including determining “average annual pay” under The City of Norwich Employee’s Retirement Fund) be considered to be included in an employee’s annual gross salary and shall for all purposes be treated in the same manner and to the same extent as employee contributions made prior to July 1, 1994.
Retirement Fund. The Employer shall assume the cost of each Bargaining Unit member’s contribution to the Michigan Public Employees Retirement Fund as required by law.
Retirement Fund. The Jamestown School District will deduct from the teacher's gross salary the teacher's share of the retirement fund, make payments through the district to the fund for both the district and the teacher's share.
Retirement Fund. The employee's contribution to the retirement fund will be based on the salary of the year preceding the leave and will be at a rate as prescribed in Section 354.42 of Minnesota Statutes. The employee's contribution will be computed by the District's business office and on an appropriate schedule of payments arranged so as to meet the legal deadlines. The computation and payment schedule will be sent by the District through certified mail to the teacher within thirty (30) days following the School Board's granting of the leave.
Retirement Fund. It is agreed that all Employers covered by this Agreement shall contribute, as per the allocation letter provided by the Union. Contributions shall be for each compensable work hour of operating engineers, including supervisory Employees when covered by this Agreement, employed by such Employers in work contained in the terms of this Agreement. Said contributions shall be made, on or before the fifteenth day of the month following the month in which the hours were worked, to the Locals 302 and 612, of the International Operating Engineers Employers Construction Industry Retirement Fund in the manner as set forth in the Trust Agreement of said Trust Fund. The details of the Retirement Plan established by this Trust Fund shall continue to be administered by a joint Board of Trustees composed of equal representation from the Unions and the Chapters of the Associated General Contractors of America, Inc., who are the signators to the Trust Agreement of the aforesaid Trust Fund. Each Trustee appointed by the Union shall be a member of the Union, and each Trustee appointed by the Employers shall be a member of an affiliated firm of the Chapters or a regular paid Employee of the Associated General Contractors of America, Inc. It is understood that the Union and Employer Associations are principal parties to the Trust Agreements and, therefore, shall be furnished full information on the actions of the Trustees and the operations of the Trusts.
