Common use of Training Fund Clause in Contracts

Training Fund. It is agreed that the Parties shall institute a Training Fund to be governed and controlled by the Administration Agreement between the Parties, and the employer shall contribute and remit sixty- one cents ($0.61) per hour to: The Administrator - Ironworkers Rebar Training Fund 00 Xxxxxxxx Xxxx Xxxxx, Xxxx 000 Xxxxxxxx, XX X0X 0X0 In the event the Training Fund is discontinued, forty-six cents ($0.46) would be returned to the employee’s wage package and fifteen cents ($0.15) would be deducted from the wage package. Out of this fund, three quarters (3/4) of one percent (1%) of the applicable Journeyperson’s wage rate for each hour worked will be paid to the Ironworkers Progressive Action Cooperative Trust (IMPACT).

Appears in 2 contracts

Samples: nsclra.ca, nsclra.ca

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Training Fund. It is agreed that the Parties shall institute a Training Fund to be governed and controlled by the Administration Agreement between the Parties, and that the employer shall contribute and remit sixty- sixty-one cents ($0.61) per hour to: The Administrator - Ironworkers Rebar Training Fund 00 Xxxxxxxx Xxxx Xxxxx, Xxxx 000 Xxxxxxxx, XX X0X 0X0 In the event the Training Fund is discontinued, forty-six cents ($0.46) would be returned to the employee’s wage package and fifteen cents ($0.15) would be deducted from the wage package. Out of this fund, three quarters (3/4) of one percent (1%) of the applicable Journeyperson’s wage rate for each hour worked will be paid to the Ironworkers Progressive Action Cooperative Trust (IMPACT).

Appears in 2 contracts

Samples: Local 752, Local 752

Training Fund. It is agreed that the Parties parties shall institute a Training Fund to be governed and controlled by the Administration Agreement between the Parties, parties and that the employer shall contribute and remit sixty- one sixty-four cents ($0.610.64) per hour to: The Administrator - Ironworkers Rebar Structural Training Fund 00 Xxxxxxxx Xxxx Xxxxx, Xxxx 000 Xxxxxxxx, XX X0X 0X0 In the event the Training Fund is discontinued, forty-six nine cents ($0.460.49) would be returned to the employee’s wage package and fifteen cents ($0.15) would be deducted from the wage package. Out of this fund, three quarters (3/4) of one percent (1%) of the applicable Journeyperson’s wage rate for each hour worked will be paid to the Ironworkers Progressive Action Cooperative Trust (IMPACT).

Appears in 2 contracts

Samples: Local 752, Local 752

Training Fund. It is agreed that the Parties shall institute a Training Fund to be governed and controlled by the Administration Agreement between the Parties, and that the employer shall contribute and remit sixty- sixty-one cents ($0.61) per hour to: The Administrator - Ironworkers Rebar Training Fund 000 - 00 Xxxxxxxx XxXxxxx Xxxx XxxxxCrescent Halifax, Xxxx 000 Xxxxxxxx, XX X0X 0X0 NS B3S 1B6 In the event the Training Fund is discontinued, forty-six cents ($0.46) would be returned to the employee’s wage package and fifteen cents ($0.15) would be deducted from the wage package. Out of this fund, three quarters (3/4) of one percent (1%) of the applicable JourneypersonJourneyman’s wage rate for each hour worked will be paid to the Ironworkers Progressive Action Cooperative Trust (IMPACT).

Appears in 1 contract

Samples: www.ironworkerslocal752.com

Training Fund. It is agreed that the Parties parties shall institute a Training Fund to be governed and controlled by the Administration Agreement between the Parties, parties and that the employer shall contribute and remit sixty- one sixty-four cents ($0.610.64) per hour to: The Administrator - Ironworkers Rebar Structural Training Fund 00 Xxxxxxxx Xxxxxxxxxx Xxxx Xxxxx, Xxxx 000 XxxxxxxxBeechville, XX X0X 0X0 NS B3T 1L1 In the event the Training Fund is discontinued, forty-six nine cents ($0.460.49) would be returned to the employee’s wage package and fifteen cents ($0.15) would be deducted from the wage package. Out of this fund, three quarters (3/4) of one percent (1%) of the applicable Journeyperson’s wage rate for each hour worked will be paid to the Ironworkers Progressive Action Cooperative Trust (IMPACT).

Appears in 1 contract

Samples: Local 752

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Training Fund. It is agreed that the Parties shall institute a Training Fund to be governed and controlled by the Administration Agreement between the Parties, and the employer shall contribute and remit sixty- shall remit sixty-one cents ($0.61) per hour to: The Administrator - Ironworkers Rebar Training Fund 000, 00 Xxxxxxxx XxXxxxx Xxxx XxxxxCrescent Halifax, Xxxx 000 Xxxxxxxx, XX X0X 0X0 NS B3S 1B6 In the event the Training Fund is discontinued, forty-six cents ($0.46) would be returned to the employee’s wage package and fifteen cents ($0.15) would be deducted from the wage package. Out of this fund, three quarters (3/4) of one percent (1%) of the applicable JourneypersonJourneyman’s wage rate for each hour worked will be paid to the Ironworkers Progressive Action Cooperative Trust (IMPACT).

Appears in 1 contract

Samples: ironworkerslocal752.com

Training Fund. It is agreed that the Parties parties shall institute a Training Fund to be governed and controlled by the Administration Agreement between the Parties, parties and that the employer shall contribute and remit sixty- one sixty-four cents ($0.610.64) per hour to: The Administrator - Ironworkers Rebar Structural Training Fund 000, 00 Xxxxxxxx XxXxxxx Xxxx XxxxxCrescent Halifax, Xxxx 000 Xxxxxxxx, XX X0X 0X0 NS B3S 1B6 In the event the Training Fund is discontinued, forty-six nine cents ($0.460.49) would be returned to the employee’s wage package and fifteen cents ($0.15) would be deducted from the wage package. Out of this fund, three quarters (3/4) of one percent (1%) of the applicable JourneypersonJourneyman’s wage rate for each hour worked will be paid to the Ironworkers Progressive Action Cooperative Trust (IMPACT).

Appears in 1 contract

Samples: Local 752

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