Vacation Fund. It is agreed that all employers covered by the Agreement shall subtract a sum as listed in Schedule "A" herein for any compensable hour from each employee's net paycheck (after taxes) and shall pay this to a Vacation Fund as set forth herein. (Note: These sums shall be deductions (after taxes) from the rates shown in Schedule "A"). Said contribution shall be made to xxx Xxxxxxxxxx Vacation Trust of Western Washington in the manner as set forth in this Trust Agreement of said Trust. The details of such Vacation Plan established by the Trust Fund and this Trust Fund itself shall continue to be controlled and administered by a Joint Board of Trustees composed of equal representation of labor and management who are signatories to the Trust Agreement of the aforesaid Trust Fund. Each Trustee appointed by the Union shall be a member of the Union and employed by the Union and each Management trustee shall be a salaried executive or officer of a signatory Employer, or an employee of an Employer association on behalf of its member employers.
Vacation Fund. The Agreement provides, inter alia, for the receipt of contributions by the Vacation Fund for the purpose of providing vacation benefits to eligible workers and their families, in such form and amounts as the Trustees of the Vacation Fund may determine in conformity with the discretion vested in them under provisions set forth in the Trust Agreement. The EMPLOYER agrees to contribute for each EMPLOYEE covered by this Agreement to the Vacation Fund in the manner provided herein, in the then current amounts and for the periods as set forth in Article 5.
Vacation Fund. (1) The EMPLOYER agrees to be bound by all provisions set forth in the Agreement and Declaration or Trust, and all amendments thereto, governing establishment and operation of the I.U.P.A.T. District Council No. 21
Vacation Fund. (a) The Building and Public Works Laborers’ Vacation Trust Fund hereinafter referred to as the “Vacation Fund,” established in 1955, shall continue to remain in full force and effect.
(b) Each Employer covered by this Agreement shall pay monthly to the Wisconsin Laborers’ Fringe Benefit Funds, Lockbox 978844, PO Box 8844, Carol Stream, IL 60197-8844 the sum of two dollars and fifty-four cents ($2.54) per hour for vacation pay and working dues and of one (1) cent per hour for jury pay for each hour (whether straight-time or overtime) for which wages or compensation is payable to an Employee under this Agreement. Payments to the Vacation Fund shall be considered as wages of an Employee and shall be included in gross earnings for the purpose of computing deductions for withholding tax and social security. In addition, Vacation Pay shall be deducted from the Employee’s paycheck and sent to the Laborers’ Vacation Fund.
(a) The deduction of two dollars and fifty-four cents ($2.54) per hour shall be credited to respective indi- vidual Employees under and subject to such condi- tions, limitations and policies as may be provided under the applicable Trust Agreement and as may be established by the Trustees of the Vacation Fund.
(b) The deduction of one (1) cent per hour shall not be credited to individual Employees, but shall be used by the Trustees to pay Employees covered by this Agreement for jury duty under and subject to such conditions, limitations and policies as may be estab- lished by the Trustees of the Vacation Fund.
Vacation Fund. All persons, firms or corporations who are signatory parties, or who may become signatory parties to this Agreement shall pay into the Operating Engineer Employer Vacation Fund for the purpose of providing vacation benefits to all eligible employees covered by this Agreement the contribution rate specified in Article IX, Section
9.1. Vacation payments shall be considered as wages of an employee. The Fund shall be a jointly trusteed fund subject to the provisions of the Trust which the appointed Trustees must adopt before collection of vacation contributions.
Vacation Fund. Further, it is agreed that the amount set forth in Section 8.1 above for vacation shall be deducted from the wages of the Employees and paid by the Employer in accordance with Section 8.9 below.
Vacation Fund. Drywall
Section 7.1. In addition to wage scales listed in Schedule “A” herein all persons, parties, firms or corporations com- ing under the scope of the Agreement, who are, or may be- come signatory parties to this Agreement, shall pay into the Oregon-Washington Carpenters-Employers Vacation Trust amounts as detailed in Schedule “A”. Such payments shall be made monthly in accordance with the requirements of the Trust Agreement.
Section 7.2. It is further agreed that the trust fund estab- lished for the purpose of providing vacation shall be jointly established and equally administered by Trustees from the Union and the Association.
Section 7.3. It shall be a violation of this Agreement for the Union to allow workers covered by this Agreement to work for an employer who fails, after due notice, to make the proper contributions to the Vacation Fund in accordance with the provisions of this Agreement.
Section 7.4. In the event an employer fails to make the monetary contributions in conformity with this Article of
Vacation Fund. Effective October 1, 2006, 16 upon notification, the Employer shall deduct 17 from the employee wages for each hour worked, 18 the sum of ($1.00 per hour worked) from each
Vacation Fund. If an eligible employee so elects, the Employer shall deduct, as per Section 6.04, for employee subject to this Agreement as a vacation allowance, of ten (10) percent of their gross wages. This authorization shall be allowed once a year on July 1. This shall apply to all Journeymen and apprentice classifications on the basis of their gross wages.
Vacation Fund. The Contractor agrees to pay monthly into the Michigan Laborers' Vacation Fund the hourly contribution rate listed in Article V per hour for each hour actually paid each employee doing work covered by this agreement. The above-specified Vacation Fund payments shall be subject to overtime rates the same as wages and shall be remitted to the Fund for all hours paid. All Vacation payments shall constitute a part of, and shall be included with, the employee's gross wages for the purpose of computing all payroll withholdings, such as income tax, social security and other required deductions.
