WELFARE AND PENSION PLANS. In addition to Executive's Base Salary and any incentive compensation and bonuses awarded to Executive hereunder, he (and his family) shall be entitled to participate, to the extent that he is (and they are) eligible under the terms and conditions thereof, in any pension, retirement, hospitalization, insurance, disability or medical service plan generally available to the executive officers of the Company that may be in effect from time to time during the Employment Period. The Company shall be under no obligation to institute or continue the existence of any such employee benefit plan.
WELFARE AND PENSION PLANS. The Corporation and each of its Subsidiaries has adopted all Welfare Plans required by applicable law and each of such plans has been maintained in compliance with such laws in all material respects including, without limitation, all requirements relating to employee participation, funding, investment of funds, benefits and transactions with the Corporation and its Subsidiaries and persons related to them. Neither the Corporation nor any Subsidiary has a material contingent liability with respect to any post-retirement benefit under a Welfare Plan. Neither the Corporation nor any Subsidiary maintains a Pension Plan.
WELFARE AND PENSION PLANS. On behalf of a full-time seniority employee absent for reasons of sickness or accident or personal leave of absence, the Company will continue to contribute the monthly cost for the benefits. However, no contribution will be made for those employees on a personal leave of absence of more than a one (1) month duration.
WELFARE AND PENSION PLANS. Not applicable. Not applicable.
WELFARE AND PENSION PLANS. 17.1 For each of his employees working within the territorial jurisdictions of Locals 700, 736, 765, and 786, the Employer agrees to pay welfare contributions on his behalf to the Ironworkers Central Welfare Fund.
17.2 For each of his employees working within the territorial jurisdictions of Locals 700, 736, and 786, the Employer agrees to pay pension contributions on his behalf to the Ironworkers Ontario Pension Fund.
17.3 Contributions to the plans identified in Sections 17.1 and 17.2 shall be submitted by the twentieth (20th) day of the month following the month in which the hours were paid, and at no time will contributions be paid directly to the employee. A penalty of three percent (3%) of any unpaid amount of contributions shall become due and payable to the applicable plan by a contributing Employer on the thirtieth (30th) day following the day designated for payment by the Collective Agreement. A further penalty of three percent (3%) of any monies owing shall become due and payable on the expiry of each succeeding thirty (30) day period, until all monies due and owing (including both contributions and charges) have been paid.
WELFARE AND PENSION PLANS. 23.1 The parties hereto have agreements on the subjects of Welfare and Pensions for longshoremen and clerks covered by this Agreement as set forth in the ILWU-PMA Welfare Agreement as amended, and the ILWU-PMA Welfare Fund-Declaration of Trust as amended, the ILWU-PMA Pension Agreement as amended, and the ILWU-PMA Pension Fund-Declaration of Trust as amended.
WELFARE AND PENSION PLANS. All current language shall be replaced with the following:
WELFARE AND PENSION PLANS. 17.1 For each of his employees working within the territorial jurisdiction of Locals 700, 721, 736, 765, 786, and 759 the Employer agrees to pay welfare contributions on his behalf to the Ironworkers' Central Welfare Fund.
17.2 For each of his employees working within the territorial jurisdiction of Locals 700, 721, 736, 765, 786 and 759, the Employer agrees to pay pension contributions on his behalf to the Ironworkers' Ontario Pension Fund.
17.3 The Union agrees to supply the Employer with all necessary information regarding these welfare and pension plans, including all administrative material that is required.
17.4 The amount(s) of welfare and pension contributions to be paid will be set out in the wage schedules attached hereto.
17.5 Contributions shall be postmarked by the fifteenth (15th) day of the month following the month in which the hours were paid and at no time will the contributions be paid directly to the employee. A penalty of three percent (3%) of any unpaid amount of contributions shall become due and payable to the applicable plan by a contributing Employer on the sixteenth (16th) day following the day designated for postmark by the Collective Agreement. A further charge of three percent (3%) of any monies owing shall become due and payable on the expiry of each succeeding thirty (30) day period until all monies due and owing including both contribution and charges) have been paid.
WELFARE AND PENSION PLANS. 16.01 On behalf of a seniority employee absent by reasons of sickness, accident or personal leave of absence, parental leave, or compassionate care the company will continue to contribute the contributions for Group Insurance and Registered Retirement Savings Plan for up to 2 years from the date the last day of worked.
16.02 In the event of an employee on any day is injured while at work and unable to continue work, they shall not suffer a reduction in pay for the remainder of their scheduled hours on that day.
WELFARE AND PENSION PLANS. 17.1 For each of his employees working within the territorial jurisdiction of Locals 700, 721, 736, 765, 786, and 759 the Employer agrees to pay welfare contributions on his behalf to the Ironworkers' Central Welfare Fund.
17.2 For each of his employees working within the territorial jurisdiction of Locals 700, 721, 736, 765, 786 and 759, the Employer agrees to pay pension contributions on his behalf to the Ironworkers' Ontario Pension Fund.
17.3 The Union agrees to supply the Employer with all necessary information regarding these welfare and pension plans, including all administrative material that is required.
17.4 The amount(s) of welfare and pension contributions to be paid will be set out in the wage schedules attached hereto.
17.5 Contributions shall be postmarked by the fifteenth (15th) day of the month following the month in which the hours were paid and at no time will the contributions be paid directly to the employee. A penalty of three percent (3%) of any unpaid amount of contributions shall become due and payable to the applicable plan by a contributing Employer on the sixteenth (16th) day following the day designated for postmark by the Collective Agreement. A further charge of three percent (3%) of any monies owing shall become due and payable on the expiry of each succeeding thirty (30) day period until all monies due and owing including both contribution and charges) have been paid.
17.6 Any changes in welfare or pension plan contributions recognized under this Agreement will be confirmed in writing by the Union to EPSCA before such changes are put into effect. Within three (3) weeks of receipt of an acceptable written notice, such changes will be implemented. The effective date will be the date of implementation. Should the welfare or pension plan contributions change during the term of this Agreement then an adjustment shall be made to the base rate. The total wage package will not be changed.
17.7 The trustees of the employee benefit plans referred to in this collective agreement shall promptly notify the Union (or Council) of the failure by any Employer to pay any employee benefit contributions required to be made under this collective agreement and which are owed under the said plans in order that the Program Administrator of the Employee Wage Protection Program may deem that there has been an assignment of compensation under the said Program in compliance with the Regulation to the Employment Standards Amendment Act, 1991 in relatio...
