Common use of Supplementary Unemployment Benefit Clause in Contracts

Supplementary Unemployment Benefit. To be amended as follows: The Company will establish a $2 million SUB fund accrual upon the effective date of this Agreement. Thereafter, should the funding be drawn down to a $1 million balance, the Company will refresh the accrual back to the $2 million level. The $0.10/hour funding mechanism is eliminated. The weekly benefit payable under the plan will be increased from $150 to $200. In all other respects, however, the provisions of the SUB plan remain in effect. (A) Guidelines for Meetings Between the Department Manager and the Department Chief Area Health and Safety Representative.

Appears in 3 contracts

Samples: Basic Agreement, Basic Agreement, Basic Agreement

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Supplementary Unemployment Benefit. To be amended as follows: The Company will establish a $2 million SUB fund accrual upon the effective date of this Agreement. Thereafter, should the funding be drawn down to a $1 million balance, the Company will refresh the accrual back to the $2 million level. The $0.10/hour funding mechanism is eliminated. The weekly benefit payable under the plan will be increased from $150 to $200350.00 for all members affected under this Item 10 and $275.00 in all other cases. In all other respects, however, the provisions of the SUB plan remain in effect. (A) Guidelines for Meetings Between the Department Manager and the Department Chief Area Health and Safety Representative.

Appears in 1 contract

Samples: Basic Agreement

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