Common use of WAYS & MEANS FUND Clause in Contracts

WAYS & MEANS FUND. 20.01 Upon ratification the employer will pay to the union $40,245 towards the union’s Ways & Means Fund, which fund is administered by the union. For 2009-10, effective September 1, 2009, this amount will be increased to $42,245 and for 2010-11, effective September 1, 2010, this amount will be increased to $44,245. Effective September 1, 2014, the Employer will pay to the Union $59,245 towards the Union’s Ways and Means Fund. Effective September 1, 2015, the Employer will pay to the Union $74,245 for each year of the collective agreement. Effective September 1, 2018 the Employer will contribute $85,000 to this Fund in each year of the Collective Agreement. Upon ratification of the 2023-26 Collective Agreement the employer will pay to the Union effective September 1, 2023 $40,245 $240,725.51, less the amount of $238,342.09 that was paid to the Union in the fall of 2023, towards the Union’s Ways & Means Fund, which fund is administered by the Union. For 2009-10 2024-25, Effective September 1, 2009 2024, this amount will be increased to $42,245 $243,132.77 and for 2010-11, effective September 1, 2010 2025, this amount will be increased to $44,245 $245,564.09, and each year thereafter. Effective September 1, 2014, the Employer will pay to the Union $59,245 towards the Union’s Ways and Means Fund. Effective September 1, 2015, the Employer will pay to the Union $74,245 for each year of the collective agreement. The Employer will contribute to this fund $132,072.07 effective September 1, 2020, $183,514.87 effective September 1, 2021, and $238,342.09 effective September 1, 2022. Allocations from the Fund will be made by the Union. An annual report on the disbursement of monies shall be submitted in writing to the Labour Management Committee. In addition, the Employer will commit up to $10,000 being provided to the Fund in each year of the collective agreement for the purpose of assisting any employee with a disability requiring work related accommodation (e.g., adaptive computer).

WAYS & MEANS FUND. 20.01 Upon ratification the employer will pay to the union $40,245 towards the union’s Ways & Means Fund, which fund is administered by the union. For 2009-10, effective September 1, 2009, this amount will be increased to $42,245 and for 2010-11, effective September 1, 2010, this amount will be increased to $44,245. Effective September 1, 2014, the Employer will pay to the Union $59,245 towards the Union’s Ways and Means Fund. Effective September 1, 2015, the Employer will pay to the Union $74,245 for each year of the collective agreement. Effective September 1, 2018 the Employer will contribute $85,000 to this Fund in each year of the Collective Agreement. Upon ratification of the 2023-26 Collective Agreement the employer will pay to the Union effective September 1, 2023 $40,245 $240,725.51, less the amount of $238,342.09 that was paid to the Union in the fall of 2023, towards the Union’s Ways & Means Fund, which fund is administered by the Union. For 2009-2009- 10 2024-25, Effective September 1, 2009 2024, this amount will be increased to $42,245 $243,132.77 and for 2010-11, effective September 1, 2010 2025, this amount will be increased to $44,245 $245,564.09, and each year thereafter. Effective September 1, 2014, the Employer will pay to the Union $59,245 towards the Union’s Ways and Means Fund. Effective September 1, 2015, the Employer will pay to the Union $74,245 for each year of the collective agreement. The Employer will contribute to this fund $132,072.07 effective September 1, 2020, $183,514.87 effective September 1, 2021, and $238,342.09 effective September 1, 2022. Allocations from the Fund will be made by the Union. An annual report on the disbursement of monies shall be submitted in writing to the Labour Management Committee. In addition, the Employer will commit up to $10,000 being provided to the Fund in each year of the collective agreement for the purpose of assisting any employee with a disability requiring work related accommodation (e.g., adaptive computer).