Stabilization Fund. This fund is Employer funded by $0.60 per hour and Employee funded by $0.80 per hour. VACATION PAY - METHOD OF PAYMENT: Such payment shall include pay for vacation and holidays on a quarterly basis on the nearest pay day to March 31, June 30, September 30 and December 15, and at termination. *Includes $0.03 to be used to comply with the requirements of WCB, Xxxx 162. †Red Circled APPENDIX “C” LOCAL 47 - OTTAWA, ONTARIO Mat. Roofing - A p p r e n t i c e s - July 1, 2016 Xxxxxxx Journeyman Hand.† Asst. 3rd yr. 2nd yr. 1st yr. Basic Rate 32.57 33.35 32.60 27.47 26.55 23.19 19.76 Xxxxxxx Xxxx. 5.60 Vac. Pay 3.82 3.33 3.26 2.75 2.66 2.32 1.98 OSM UDPF 0.24 0.24 0.24 0.24 0.24 0.24 0.24 H & W * 2.39 2.39 2.39 2.39 2.39 2.35 2.35 Pension 7.79 6.83 6.69 5.99 5.48 4.83 4.15 UDPF 1.06 1.06 1.06 1.06 1.06 1.06 1.06 Training 0.10 0.10 0.10 0.10 0.10 0.10 0.10 Stabilization 1.40 1.40 1.40 1.40 1.40 1.40 1.40 Sub Total 54.97 48.70 47.74 41.40 39.88 35.49 31.04 OIRCA 0.07 0.07 0.07 0.07 0.07 0.07 0.07 Total 55.04 48.77 47.81 41.47 39.95 35.56 31.11 — 54 — Xxxxxxx’x Premium - $5.60 (calculated in above rates) Pitch Premium - $4.00
Stabilization Fund. 39.1 All Employers bound by this agreement agree to pay into operative Sheet Metal Workers' Union Stabilization Funds in Locals 562, 473 and 235 (Sarnia) established or recognized in the locality by Employers under agreement with the Union for construction work of a related nature. The Employers will contribute the amounts specified in the wage schedules, attached hereto, for every hour worked by each of their employees within the jurisdictions of Locals 562, 473 and 235 (Sarnia).
Stabilization Fund. This fund is Employer funded by $0.60 per hour and Employee funded by $0.80 per hour. VACATION PAY - METHOD OF PAYMENT: Such payment shall include pay for vacation and holidays on a quarterly basis on the nearest pay day to APPENDIX “C” LOCAL 47 - OTTAWA, ONTARIO PRE APPRENTICE WAGE SCHEDULE May 1, 2016Hours Basic Rate Vac. Pay OSM UDPF H & W Pension UDPF Training Stab. Sub- Total OIRCA Total 0-299 12.82 1.28 0.24 -- -- 1.06 0.10 1.40 16.90 0.07 16.97 300-599 13.32 1.33 0.24 -- -- 1.06 0.10 1.40 17.45 0.07 17.52 600-899 13.82 1.38 0.24 -- -- 1.06 0.10 1.40 18.00 0.07 18.07 900-1199 14.32 1.43 0.24 -- -- 1.06 0.10 1.40 18.55 0.07 18.62 1200-1499 13.78 1.38 0.24 1.45 1.49 1.06 0.10 1.40 20.90 0.07 20.97 1500-1799 14.28 1.43 0.24 1.45 1.49 1.06 0.10 1.40 21.45 0.07 21.52 1800-2099 14.78 1.48 0.24 1.45 1.49 1.06 0.10 1.40 22.00 0.07 22.07 2100-2399 15.28 1.53 0.24 1.45 1.49 1.06 0.10 1.40 22.55 0.07 22.62 2400-2699 15.78 1.58 0.24 1.45 1.99 1.06 0.10 1.40 23.60 0.07 23.67 2700-2999 16.28 1.63 0.24 1.45 1.99 1.06 0.10 1.40 24.15 0.07 24.22 — 57 — Note: Apprentice program applies after 2999 hours Future negotiated wage increases for Pre Apprentices will be limited to 30% of a Journeyman’s increase. RED CIRCLE - Workers who are red circled guarantee that if they are presently making more than the chart allows for, they will be held at their present rate until such time as their hours catch up to their category on the chart, and then they will follow the regular progression. All existing Pre Apprentices that are presently being paid lower than the chart (based on hours worked) will immediately advance to the category which APPENDIX “C” LOCAL 47 - OTTAWA, ONTARIO PRE APPRENTICE WAGE SCHEDULE July 1, 2016 Hours Basic Rate Vac. Pay OSM UDPF H & W Pension UDPF Training Stab. Sub- Total OIRCA Total 0-299 12.82 1.28 0.24 -- -- 1.06 0.10 1.40 16.90 0.07 16.97 300-599 13.32 1.33 0.24 -- -- 1.06 0.10 1.40 17.45 0.07 17.52 600-899 13.82 1.38 0.24 -- -- 1.06 0.10 1.40 18.00 0.07 18.07 900-1199 14.32 1.43 0.24 -- -- 1.06 0.10 1.40 18.55 0.07 18.62 1200-1499 13.55 1.36 0.24 1.45 1.74 1.06 0.10 1.40 20.90 0.07 20.97 1500-1799 14.05 1.41 0.24 1.45 1.74 1.06 0.10 1.40 21.45 0.07 21.52 1800-2099 14.55 1.46 0.24 1.45 1.74 1.06 0.10 1.40 22.00 0.07 22.07 2100-2399 15.05 1.51 0.24 1.45 1.74 1.06 0.10 1.40 22.55 0.07 22.62 2400-2699 15.55 1.56 0.24 1.45 2.24 1.06 0.10 1.40 23.60 0.07 23.67 2700-2999 16.05 1.61 0.24 1.45 2.24 1.06 0.10 1.40 24.15 0.07 24.22 — 58 — Note: Apprentice prog...
Stabilization Fund. The Regional District School Committee may, consistent with the terms and conditions of G.L. chapter 71, section 16G½, establish and maintain a stabilization fund.
Stabilization Fund. The Local Trade Association and the Local Union have agreed to establish a Stabilization Trust Fund in accordance with the terms of a Memorandum of Agreement providing for the establishment of a Stabilization Trust Fund dated July 8, 1987, that has been negotiated between the Association and the Union. The Stabilization Trust Fund is funded in such manner and amounts as agreed upon by the Local Union and the Local Trade Association.
Stabilization Fund. Therefore, Ffor the duration of the tuition agreement in Section 3.C above, and any renewals thereof, the New Newry SAU shall annually contribute a Stabilization Fundmake Non- Member Participation Payments to SAD 44 with the goal of enhancing the quality ofto create equity between Non-Member Participation and Member Participation in SAD 44, to enhance regional education in SAD 44. , and to stabilize the regional education system. Through the Stabilization Fund, the New Newry SAU will provide matching funds to SAD 44 as an incentive for the municipalities in SAD 44 to increase their locally raised Formatted: No Spacing contribution to the costs of education. Newry’s matching amount will be based on the amount of additional funds that each SAD 44 municipality annually raises for the costs of education in SAD 44, on a per pupil basis, over and above the rate of inflation as determined by the annual percentage increase in the CPI-U. The annual per pupil matching amount for each SAD 44 municipality shall be up to 10% of the per pupil amount that the municipality contributed to the SAD 44 budget in the year prior to the Effective Date. The goal of the Stabilization Fund is to bring each SAD 44 municipality’s per pupil contribution to the SAD 44 budget up to the current average municipal per pupil contribution (currently $13,035), as adjusted for inflation. As further incentive to SAD 44 municipalities to increase their per pupil contributions to the SAD 44 budget, the New Newry SAU’s per pupil contribution to the Stabilization Fund will be seven times the matching amount in the first year after the Effective Date, six times the matching amount in the second year after the Effective Date, five times the matching amount in the third year after the Effective Date, four times the matching amount in the fourth year after the Effective Date, three times the matching amount in the fifth and sixth years after the Effective Date, two times the matching amount in the seventh and eighth year after the Effective Date, and one time the matching amount in the ninth and tenth year after the Effective Date. For each fiscal year of the tuition agreement, and any renewals thereof, the New Newry SAU shall make a Non-Member Participation Payment, calculated for that year as (A – B), where A = [(Property Fiscal Capacity of Newry)/(Property Fiscal Capacity of SAD 44 + Property Fiscal Capacity of Newry)] X (the amount of the total SAD 44 school budget that must be raised by local taxe...
Stabilization Fund. The parties agree that the stabilization fund contribution of $0.12 per hour will be discontinued as at December 31, 2016 in accordance with the provisions of the existing Trust Agreement. The funds will be redirected proportionally to each Union’s respective Training Fund. VICTORIA SHIPYARDS CO LTD BOILERMAKER LODGE 191 Xxxxxx Xxxxxxxx Xxxxxx Xxxxx Xxx X’Xxxxxx Xxxxxxx XxxXxxxxx Xxxxx Dardengo Dated at Victoria, British Columbia this day of , 2016.
Stabilization Fund. (a) Subject to and in accordance with the terms of Appendix “A”, the Employer agrees to make contributionsto the Stabilization Fund under the Canadian Commercial Workers Industry Pension Plan administered by the Trustees pursuant to the January Stabilization Fund Agreement between the Ontario Superintendent of Financial Services and the Trustees (the Stabilization Fund Agreement”). Effective February and continuing until the Stabilization Fund Contribution Termination Date, the Employer agrees to make periodic contributions to the Stabilization Fund (in respect of each pay period) equal to thirty cents for each hour worked for the Employer by, or paid by the Employer to, employees in the Bargaining Unit who participate during the same period in including overtime hours worked in a week to a maximum of the basic work week, vacation, General Holidays, sick days (not including Weekly Indemnity, or other similar indemnifications), jury duty and any paid leave of absence required under the terms of the Collective Agreement. For the purpose of this Appendix, the Stabilization Fund Contribution Termination Date shall mean the earliest of the expiry of the Collective Agreement, the filing of the actuarial valuation report for the period ending December and a determination by a pension regulatory authority that the Stabilization Fund may not continue to operate as provided under the Stabilization Fund Agreement. Where the applicable pension regulatory authorities agree to the continued operation of the Stabilization Fund to a new date that is after the December date provided in the Stabilization Fund Agreement (the “Extension Date”), the term Stabilization Fund Contribution Termination Date shall mean the earlier of the expiry of the Collective Agreement and the Extension Date. Notwithstanding any other provision in this Appendix, if for any reason all or a portion of the contributions contemplated by this Memorandum of Agreement cannot be used as provided under the stabilization Fund Agreement, the and the Union will negotiate in good faith to reach an agreement for an alternative structure that ensures that the contributions contemplated by this Memorandum will only be used for the benefit of the Employer’s employees in the Bargaining Unit covered by the Collective Agreement. If the Stabilization Fund Contribution Termination Date precedes the expiry of the Collective Agreement, the and the Union agree that the periodic contributions described in paragraph above ...
Stabilization Fund. As of the first full pay following ratification, twenty (20) cents of the total contribution of ninety three (93) cents per hour is being directed by CCWIPP towards the Stabilization Fund. As of June 1, 2010, forty (40) cents of the total contribution of one dollar and thirteen cents ($1.13) is being directed by CCWIPP towards the Stabilization Fund. The parties acknowledge that the cost to the Employer shall not exceed the amount per hour specified in Article 24.03 of the Part-time collective agreement and the Employer’s only obligation under the Plan is to make those specified contributions. SIGNED this day of December, 2016. HEALTH OFFICE & PROFESSIONAL CARESSANT CARE NURSING EMPLOYEES, A DIVISION OF LOCAL AND 175, UNITED FOOD & COMMERCIAL RETIREMENT HOMES LIMITED WORKERS Listowel Nursing Home Xxxxx Xxxxxxxxx Xxxxx Xxxxxxxxx Xxxxx Xxxxxxxxxx Xxxxxx Xxxxxxx Xxxxxx Xxxxxx Xxxxx Xxxxxx LETTER OF UNDERSTANDING BETWEEN: CARESSANT CARE NURSING AND RETIREMENT HOMES LIMITED - Listowel Nursing Home (Hereinafter called the "Home") AND: HEALTH, OFFICE & PROFESSIONAL EMPLOYEES A Division of Local 175, United Food & Commercial Workers, Chartered by the United Food & Commercial Workers Canada, CLC, AFL-CIO (Hereinafter called the "Union")
Stabilization Fund. Upon the grand opening, the UG establishes a stabilization fund reserve account in the amount of $540,000.00, to be made available for reimbursement to the Co-Op during the first three years of the Term (the "Stabilization Period") only if applicable quarterly sales stabilization benchmarks have not been achieved during the Stabilization Period as set forth in the Management Agreement. In the event that the Co-Op meets or exceeds the quarterly sales stabilization benchmarks for four consecutive quarters, all funds in stabilization fund reserve account will immediately revert to the UG. During the stabilization period, any and all UG Fee (hereinafter defined) received by the UG shall be used if necessary to replenish the stabilization fund reserve account. Any unused funds in the stabilization reserve account remaining at the expiration of the stabilization period will revert to the UG.
