WELFARE PLAN CONTRIBUTIONS Clause Samples
The Welfare Plan Contributions clause outlines the obligations of an employer or contracting party to make payments toward employee welfare benefit plans, such as health insurance, retirement funds, or other similar programs. Typically, this clause specifies the types of plans covered, the frequency and amount of contributions, and may detail the process for remitting payments to the appropriate funds or administrators. Its core function is to ensure that employees receive the agreed-upon benefits and that the employer remains compliant with legal and contractual requirements regarding employee welfare, thereby reducing the risk of disputes or penalties related to benefit funding.
WELFARE PLAN CONTRIBUTIONS. For the life of this Agreement, the employers agree to pay into the Sheet Metal Workers’ Local Union 47 Welfare Plan contributions in the amount and under conditions stipulated in the wage schedule. The payment of employer contributions shall be made monthly by cheque payable to the Trustees of Local Union 47 Welfare Plan and forwarded not later than the 15th day of the following month to the ad- ministrators together with the names of all employees for whom contributions have been made, number of weekly hours worked and total contributions on the contribution forms and one such copy is to be forward- ed to the Business Representative of the Local Union. In the event that this plan is discontinued for any reason whatsoever, the hourly contributions herein agreed will then become part of the hourly wages of the employee on whose behalf they have been former- ly contributed. Information on contribution forms may be obtained from the Business Office of Local 47 upon request. Each employer will contribute to the Local 47 Apprenticeship and Journeyman Training Fund the amount set out in the applicable Wage Schedules for each hour worked by each employee and will remit the said amount to the Joint Trustees or the Administrator as established under the Declaration of Trust Agree- ment. The Local Union and the Local Trade Association shall maintain a “Committee of Trustees” to administer the said Local Union 47 Training Fund and such com- mittee shall consist of not less than three trustees ap- pointed or elected by each of the parties. The Trust Agreement shall establish among other things the duties and responsibilities of the trustees. In the event that this Training Fund is discontinued for any reason whatsoever, half of the hourly contri- butions herein agreed will become part of the hourly wages of the employee on whose behalf they have been formerly contributed. It is agreed that the employer will contribute $0.05 per hour and the employee will contribute $0.05 per hour from the employee wage package.
WELFARE PLAN CONTRIBUTIONS. For the life of this Agreement, the employers agree to pay into the Sheet Metal Workers’ Local Union 47 Welfare Plan contributions in the amount and under conditions stipulated in the wage schedule. The payment of employer contributions shall be made monthly by cheque payable to the Trustees of Local Union 47 Welfare Plan and forwarded not later than the 15th day of the following month to the ad- ministrators together with the names of all employees for whom contributions have been made, number of weekly hours worked and total contributions on the contribution forms and one such copy is to be forward- ed to the Business Representative of the Local Union. In the event that this plan is discontinued for any reason whatsoever, the hourly contributions herein agreed will then become part of the hourly wages of the employee on whose behalf they have been for- ▇▇▇▇▇ contributed. Information on contribution forms may be obtained from the Business Office of Local 47 upon request.
WELFARE PLAN CONTRIBUTIONS. Effective May 1st, 2019 Employers shall contribute in total: Ten Dollars and Eighty-Seven cents ($10.87) per hour to the International Union of Operating Engineers, Local 793 Members Life and Health Benefit Trust of Ontario (the "Health Plan") and to the International Union of Operating Engineers, Local 793 Members Pension Benefit Trust of Ontario (the "Pension Plan") for each hour earned by each employee in his employ. Effective May 1st, 2020, the total Employer contributions of Ten Dollars and Eighty-Seven Cents ($10.87) per hour shall increase to Eleven Dollars and Seven Cents ($11.07) per hour. Effective May 1st, 2021, the total Employer contributions of Eleven Dollars and Seven Cents ($11.07) per hour shall increase to Eleven Dollars and Seventeen Cents ($11.17) per hour.
WELFARE PLAN CONTRIBUTIONS. For the life of this Agreement, the employers agree to pay into the Sheet Metal Workers’ Local Union Welfare Plan contributions in the amount and under conditions stipulated in wage schedule. of the following month to the administrators together with the names of all employees for whom contributions have been made, number of weekly hours worked and total contributions on the contribution forms and one such copy is to be forwarded to the Business Representative of the Local Union. In the event that this plan is discontinued for any reason whatsoever, the hourly contributions herein agreed will then become part of the hourly wages of the employee on whose behalf they had been formerly contributed. Information on contribution forms may be obtained from the Business Office of Local upon request.