WELFARE AND PENSION FUNDS Sample Clauses

WELFARE AND PENSION FUNDS. (a) The employer shall be obligated to contribute to the “Welfare Fund of Make-Up and Hair Stylists, Local 798” and the “Pension Fund of Make-Up Artists and Hair Stylists, Local 798” the following 10/2/16 through 9/30/17: $149.00 per day to the Local 798 Pension and Welfare Funds 10/1/17 through 9/29/18: $154.00 per day to the Local 798 Pension and Welfare Funds 9/30/18 through 9/30/19: $159.00 per day to the Local 798 Pension and Welfare Funds Notwithstanding the foregoing, the rate applicable for work in Baltimore, Maryland and Washington, D.C. shall be as follows: 10/2/16 through 9/30/17: $125.00 per day to the Local 798 Pension and Welfare Funds 10/1/17 through 9/29/18: $130.00 per day to the Local 798 Pension and Welfare Funds 9/30/18 through 9/30/19: $1135.00 per day to the Local 798 Pension and Welfare Funds The trustees of said funds shall determine how these amounts shall be distributed between the two funds. In no event shall the employer be required to make any contribution over and above these amounts at any time during the term of this agreement. The Welfare Fund is a trust fund established by an Agreement and Declaration of Trust entered into as of November 1, 1957, for the purpose of paying or providing medical, surgical, hospital and accident, disability, death or miscellaneous benefits to the persons covered by such Fund. Such Welfare Fund is administered by six (6) trustees, three (3) designated by Local 798, on the one hand, and three (3) designated by the Employers making such contributions to the Fund, on the other hand. The Pension Fund is a Trust established by an Agreement and Declaration of Trust entered into as of November 1, 1957 for the purpose of paying and/or providing Pension or Retirement benefits for the persons covered by such Fund. The Pension Fund is administered by a Board of six (6). Trustees, three (3) designated by Local 798, and three (3) designated by the Employers making contributions thereto.
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WELFARE AND PENSION FUNDS. (a) The employer shall be obligated to contribute to the IA National Benefit Fund the following: 10/1/16 through 9/30/17: $152.00 per day to the IA National Benefit Fund 10/1/17 through 9/30/18: $157.00 per day to the IA National Benefit Fund 10/1/18 through 9/30/19: $162.00 per day to the IA National Benefit Fund Notwithstanding the foregoing, the rate applicable for work in Baltimore, Maryland and Washington, D.C. shall be as follows: 10/1/16 through 9/30/17: $128.00 per day to the IA National Benefit Fund 10/1/17 through 9/30/18: $133.00 per day to the IA National Benefit Fund 10/1/18 through 9/30/19: $138.00 per day to the IA National Benefit Fund The trustees of said funds shall determine how these amounts shall be distributed between the two funds. In no event shall the employer be required to make any contribution over and above these amounts at any time during the term of this agreement.
WELFARE AND PENSION FUNDS. (a) The employer shall be obligated to contribute to the “Welfare Fund of Make-Up and Hair Stylists, Local 798” and the “Pension Fund of Make-Up Artists and Hair Stylists, Local 798” the following 9/29/13 through 9/27/14: $134.00 per day to the Local 798 Pension and Welfare Funds 9/28/14 through 10/3/15: $139.00 per day to the Local 798 Pension and Welfare Funds 10/4/15 through 10/1/16: $144.00 per day to the Local 798 Pension and Welfare Funds Notwithstanding the foregoing, the rate applicable for work in Baltimore, Maryland and Washington, D.C. shall be as follows: 9/29/13 through 9/27/14: $110.00 per day to the Local 798 Pension and Welfare Funds 9/28/14 through 10/3/15: $115.00 per day to the Local 798 Pension and Welfare Funds 10/4/15 through 10/1/16: $120.00 per day to the Local 798 Pension and Welfare Funds The trustees of said funds shall determine how these amounts shall be distributed between the two funds. In no event shall the employer be required to make any contribution over and above these amounts at any time during the term of this agreement. The Welfare Fund is a trust fund established by an Agreement and Declaration of Trust entered into as of November 1, 1957, for the purpose of paying or providing medical, surgical, hospital and accident, disability, death or miscellaneous benefits to the persons covered by such Fund. Such Welfare Fund is administered by six
WELFARE AND PENSION FUNDS. Welfare and pension fund payments shall be as set out in the appendices attached hereto. The administrationpractices for the above noted funds will be in accordance with the appropriate terms and conditions of the collective agreements expiring April In the event a Local Union wishes to establish such a plan then the plan shall be jointly and equally trusteed. The trustees will establish the administrative prac- tices and procedures subject to final approval by the parties to this agreement. In the event an employer fails to mail the contributions for the Health Plan and the Pension Plan by the fifteenth (15th) day of the month due, the Trustees may charge Interest at the rate of five (5%) percent per month for any delinquent con- tributions thirty (30) days in provided the employer has received five (5) days prior written notice to correct such delinquency. With reasonable cause, the Trustees may request an employer to submit to them within a stipulated period a certified audited statement of payroll contributions to these funds for a period not to exceed the period from the effective date of this agreement until the date the audit takes place. Such state- ments shall reply to the questions submitted to the employer by the trustees. If the employer does not submit the certified audited state- ment as per the Trustees may appoint an independent chartered accountant to enter upon the employer’s premises during regular business hours to perform an audit of the employer’s records only with respect to the employer’s con- tributions or deductions to the required Employee Benefit Plan. Where the Trustees appoint an auditor the cost shall be borne by the appropriate plan. In the event such audit reveals that the employer has failed to remit contributions in accordance with the provisions of this agreement, the employer shall, within five (5) days of receipt of written notice from the Trustees, remit all outstanding contributions along with completed supporting contribution report forms as required by the Plan.
WELFARE AND PENSION FUNDS. Welfare Fund
WELFARE AND PENSION FUNDS. (a) The employer shall be obligated to contribute to the “IATSE National Welfare Fund”, the “IATSE National Annuity Fund” and the “Local 798 Pension Fund” the following: 10/1/19 through 9/30/20: $166.00 per day to the IA National Benefit Fund 10/1/20 through 9/30/21: $170.00 per day to the IA National Benefit Fund 10/1/21 through 9/30/22: $175.00 per day to the IA National Benefit Fund Notwithstanding the foregoing, the rate applicable for work in Baltimore, Maryland and Washington, D.C. shall be as follows: 10/1/19 through 9/30/20: $142.00 per day to the IA National Benefit Fund 10/1/20 through 9/30/21: $146.00 per day to the IA National Benefit Fund 10/1/21 through 9/30/22: $151.00 per day to the IA National Benefit Fund The trustees of said funds shall determine how these amounts shall be distributed among the three funds. In no event shall the employer be required to make any contribution over and above these amounts at any time during the term of this agreement. The Employer agrees to be bound by all of the terms and conditions of The Agreement and Declaration of Trust for each respective Fund, to wit: (1) the IATSE National Health & Welfare Fund, and (2) the IATSE Annuity Fund as restated September 22, 2005, and as amended respectively, and each respective Fund's Statement of Policy and Procedures for Collection of Contributions Payable by Employers, as related to the contributions due as set forth hereinabove. The Local 798 Pension Fund is a Trust established by an Agreement and Declaration of Trust entered into as of November 1, 1957 for the purpose of paying and/or providing Pension or Retirement benefits for the persons covered by such Fund. The Pension Fund is administered by a Board of eight (8). Trustees, four (4) designated by Local 798, and four (4) designated by the Employers making contributions thereto.

Related to WELFARE AND PENSION FUNDS

  • Retirement and Pension Account A retirement or pension account maintained in Singapore that satisfies the following requirements under the laws of Singapore.

  • INSURANCE AND PENSION In accordance with RCW 41.80.010(7), the insurance and pension conditions for all members of the bargaining unit will be as follows.

  • Pension Fund 1. The Employer shall make contributions to a pension trust fund known as the “Building Service 32BJ Pension Fund” to cover bargaining unit employees who are regularly employed twenty (20) or more hours per week, including paid time off. The Employer shall also make contributions on behalf of other bargaining unit employees to the extent that such employees work a sufficient number of hours to require benefit accrual pursuant to Section 204 of ERISA. Employees unable to work and who are on statutory short term disability benefits or workers’ compensation shall continue to accrue pension credits without employer contributions during the periods of disability up to six (6) months or the period of disability whichever is earlier.

  • Health and Dental Premium Accounts The Employer agrees to provide eligible employees with the option to pay for the employee portion of health and dental premiums on a pretax basis as permitted by law or regulation.

  • Welfare Fund The Parties hereto agree on a Welfare Fund as follows:

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

  • Canada Pension Plan All employees shall participate in and contribute to the Canada Pension Plan in accordance with the applicable legislation. The College will contribute to the plan for each employee, to the extent provided for in the applicable legislation.

  • Beneficiary Rollovers from Employer-Sponsored Retirement Plans If you are a spouse Beneficiary, nonspouse Beneficiary, or the trustee of an eligible type of trust named as Beneficiary of a deceased employer plan participant, you may directly roll over inherited assets from a qualified retirement plan, 403(a) annuity, 403(b) tax-sheltered annuity, or 457(b) governmental deferred compensation plan to an inherited IRA. The IRA must be maintained as an inherited IRA, subject to the beneficiary distribution requirements.

  • Pension Contributions 19.2.3.1 Unless required by law to commence receiving a pension prior to the Member’s actual retirement date (i.e., currently December 31 of the year in which the Member attains age sixty-nine (69)) the Member who postponed retirement beyond his or her TRD will continue to make pension contributions.

  • Health Spending Account contributions by the Executive will cease on the Effective Date. The Executive may submit claims against the balance accrued to the Effective Date, until the end of the calendar year in which the Effective Date occurs.

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