Common use of SUPPLEMENTAL RETIREMENT AND SAVINGS FUND Clause in Contracts

SUPPLEMENTAL RETIREMENT AND SAVINGS FUND. 1. The Employer shall make contributions to a trust fund known as the “Building Service 32BJ Supplemental Retirement and Savings Fund” to cover bargaining unit employees who are regularly employed twenty (20) or more hours per week, including paid time off, with employer contributions as hereinafter provided and tax exempt employee wage deferrals as provid ed by the Plan and/or Plan Rules. Employer contributions for other bargaining unit employees shall also be required for each we ek in which they work twenty (20) or more hours, including paid time off. 2. Effective January 1, 2016, the rate of contribution to the Supplemental Retirement and Savings Fund shall be $13.00 per week per covered employee, payable in the Fund when and how the Trustees determine.

SUPPLEMENTAL RETIREMENT AND SAVINGS FUND. 1. The Employer shall make contributions to a trust fund known as the “Building Service 32BJ Supplemental Retirement and Savings Fund” to cover bargaining unit employees who are regularly employed twenty (20) or more hours per week, including paid time off, with employer contributions as hereinafter provided and tax exempt employee wage deferrals as provid ed provided by the Plan and/or Plan Rules. Employer contributions for other bargaining unit employees shall also be required for each we ek week in which they work twenty (20) or more hours, including paid time off. 2. Effective January 1, 2016, the rate of contribution to the Supplemental Retirement and Savings Fund shall be $13.00 per week per covered employee, payable in the Fund when and how the Trustees determine.

SUPPLEMENTAL RETIREMENT AND SAVINGS FUND. 1. The Employer shall make contributions to a trust fund known as the “Building Service 32BJ Supplemental Retirement and Savings Fund” to cover bargaining unit employees who are regularly employed twenty (20) or more hours per week, including paid time off, with employer contributions as hereinafter provided and tax exempt employee wage deferrals as provid ed provided by the Plan and/or and for Plan Rules. Employer contributions for other bargaining unit employees shall also be required for each we ek week in which they work twenty (20) or more hours, including paid time off. 2. Effective January 1, 2016, the rate of contribution to the Supplemental Retirement and Savings Fund shall be $13.00 per week per covered employee, payable in the Fund when and how the Trustees determine.