Common use of Welfare Fund Clause in Contracts

Welfare Fund. The Parties hereto agree on a Welfare Fund as follows: 26.01 The Trust Document of the IUPAT Atlantic Provinces Benefit Trust Fund shall provide for Trustees equal in number and authority appointed by each of the Parties to the Fund. 26.02 The employer shall make contributions to the I.U.P.A.T. Benefit Trust Fund for each hour or portion thereof for which an employee receives pay at the following rates: May 1, 2022 two dollars eighty cents ($2.80) May 1, 2023 two dollars ninety cents ($2.90) May 1, 2024 three dollars ($3.00) May 1, 2025 three dollars ten cents ($3.10) 26.03 It is agreed that provisions for an increase in the Welfare Fund will be implemented if so desired by the Union, with the employer contribution to be deducted from the wage rates contained herein, provided the employer receives sixty (60) days notice of such change. Neither the Union nor the NSCLRA shall incur any legal liability with regard to claims arising from the Welfare Fund.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Welfare Fund. The Parties hereto agree on a Welfare Fund as follows: 26.01 The Trust Document of the IUPAT Atlantic Provinces Benefit Trust Fund shall provide for Trustees equal in number and authority appointed by each of the Parties to the Fund. 26.02 The employer shall make contributions to the I.U.P.A.T. Benefit Trust Fund for each hour or portion thereof for which an employee receives pay at the following rates: May 1June 22, 2022 2015 two dollars eighty thirty-five cents ($2.802.35) May 1, 2023 2016 two dollars ninety forty-five cents ($2.902.45) May 1, 2024 three 2017 two dollars ($3.00) May 1, 2025 three dollars ten fifty-five cents ($3.102.55) 26.03 It is agreed that provisions for an increase in the Welfare Fund will be implemented if so desired by the Union, with the employer contribution to be deducted from the wage rates contained herein, provided the employer receives sixty (60) days notice of such change. Neither the Union nor the NSCLRA shall incur any legal liability with regard to claims arising from the Welfare Fund.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Welfare Fund. The Parties hereto agree on a Welfare Fund as follows: 26.01 The Trust Document of the IUPAT Atlantic Provinces Benefit Trust Fund shall provide for Trustees equal in number and authority appointed by each of the Parties to the Fund. 26.02 The employer shall make contributions to the I.U.P.A.T. Benefit Trust Fund for each hour or portion thereof for which an employee receives pay at the following rates: .......................................................... two dollars fifty-five cents ($2.55) Effective May 1, 2022 2019 two dollars eighty sixty-five cents ($2.802.65) Effective May 1, 2023 2020 two dollars ninety seventy-five cents ($2.90) May 1, 2024 three dollars ($3.00) May 1, 2025 three dollars ten cents ($3.102.75) 26.03 It is agreed that provisions for an increase in the Welfare Fund will be implemented if so desired by the Union, with the employer contribution to be deducted from the wage rates contained herein, provided the employer receives sixty (60) days notice of such change. Neither the Union nor the NSCLRA shall incur any legal liability with regard to claims arising from the Welfare Fund.

Appears in 1 contract

Samples: Collective Agreement

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Welfare Fund. The Parties hereto agree on a Welfare Fund as follows: 26.01 The Trust Document of the IUPAT Atlantic Provinces Benefit Trust Fund shall provide for Trustees equal in number and authority appointed by each of the Parties to the Fund. 26.02 The employer shall make contributions to the I.U.P.A.T. Benefit Trust Fund for each hour or portion thereof for which an employee receives pay at the following rates: May 1August 2, 2022 2012 two dollars eighty five cents ($2.802.05) May 1, 2023 2013 two dollars ninety fifteen cents ($2.902.15) May 1, 2024 three 2014 two dollars ($3.00) May 1, 2025 three dollars ten twenty-five cents ($3.102.25) 26.03 It is agreed that provisions for an increase in the Welfare Fund will be implemented if so desired by the Union, with the employer contribution to be deducted from the wage rates contained herein, provided the employer receives sixty (60) days notice of such change. Neither the Union nor the NSCLRA shall incur any legal liability with regard to claims arising from the Welfare Fund.

Appears in 1 contract

Samples: Collective Agreement

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