WELFARE TRUST FUND. Section 1. On work covered by this Agreement, the Employer agrees to pay into the Indiana Laborers Welfare Fund the amount in cents per hour as shown in Article XXVII. Payment shall be made on the dates, in the manner, form and in accordance with the rules and regulations as adopted by the Trustees of the herein mentioned Welfare Fund.
WELFARE TRUST FUND. The Centre agrees that it shall contribute a sum equal to four (4%) effective January 1, 2005 of the total gross wages paid to all members of the Union on a monthly basis by cheque payable to the Union. This Welfare Fund shall be administered exclusively by the Union for the establishment of benefits supplementary to those already existing to members of the Union under federal or provincial legislation, the contract between the Centre and the Union, or under any other existing social welfare schemes. The contributions by the Centre shall be used for the payment of group insurance plan premiums available through established insurance companies and supplementary benefits as determined by the Trustees. The employer shall be provided with a copy of the IATSE Local 471 Welfare Trust document which governs and administers this fund.
WELFARE TRUST FUND. A. An Employer, being signatory to this Agreement, hereby covenants and agrees to be bound by all terms of the Trust Agreement governing the Ironworkers (Manitoba) Local Union 728 Central Welfare Trust Fund dated the 15th day of October, 1970 and all amendments thereto. Effective May 1, 2022, the Employer shall contribute one dollar and ninety-six cents ($1.96) for every hour worked by each employee covered by this Agreement. Effective May 1, 2023, the Employer shall contribute two dollars ($2.00) for every hour worked by each employee covered by this Agreement. Effective May 1, 2024, the Employer shall contribute two dollars and five cents ($2.05) for every hour worked by each employee covered by this Agreement. Such contributions shall be forwarded to the Ironworkers (Manitoba) Local Union 728 Central Welfare Trust Fund by the 15th day of the month following the month in which the hours were worked.
WELFARE TRUST FUND. 1. The District shall fund the Welfare Trust Fund at the following rates: 2022-2023: $1,900 per covered employee; 2022-2023: $1,934 per covered employee; 2023-2024: $1,969 per covered employee; 2024-2025: $2,004 per covered employee; 2025-2026: $2,040 per covered employee. Any increases to the trust fund in subsequent school years during the term of this Agreement shall be governed by the percentage increases for stipends.
WELFARE TRUST FUND. Welfare Trust Fund payments shall be made at the rate of $850 for each full-time and hourly unit member for the purpose of providing such benefits as prescription drug co-pays and prescription drugs not covered by insurance, doctor co-pays and medical supplies recommended by a physician such as crutches and braces, dental, life, optical, and long-term disability insurance. Such funding shall occur during each July except; however, the District shall make pro rata contributions for those unit members hired between July 1st and October 1st each October. Effective with the 2017- 2018 school year, such funding shall occur by October 1st of each year. The District shall not make any contribution for unit members hired on or after July 1st of a given year. If possible, the eligible unit members shall be part of the WFW Welfare Trust Fund with District contributions made to that fund as specified herein.
WELFARE TRUST FUND. A. A welfare trust fund has been established by an "Agreement and Declaration of Trust" dated the 12th day of August 1974. It shall be administered by the Congress with trustees elected by the membership of the Congress. Said trustees shall determine the benefits and/or insurances to be purchased.
WELFARE TRUST FUND. 18.01 Commencing with the effective date of this Agreement and continuing thereafter for the life of this Agreement the Employer agrees to remit contributions to the Welfare Trust Fund by the 20th day of the month following the month in which the hours were worked to an Administrator designated by the Trustees.
WELFARE TRUST FUND. The Union Welfare Trust Agreement established for the purpose of providing unit members with benefits such as dental, life, optical, and long-term disability insurance shall be funded by the District at the annual rate of $600 per full-time and hourly unit member employed as of each July 1. Such funding shall occur during each July, except the District shall make pro rata contributions for those employees hired between July 1 and October 1 during each October. The annual rate of contribution shall increase to $700 effective July 1, 2007, $925 effective July 1, 2008, and $1,150 effective July 1, 2009, with pro rata contributions for those employees hired between July 1 and January 1 payable in January of each year. After applicable taxes and deductions, the 2007-08 retroactive pay of any unit member hired before July 1, 2007 shall be reduced by $300, which shall then be remitted to the Union Welfare Trust. An annual accounting shall be rendered to the District setting forth source and amounts of income received and monies expended. Copies of all policies provided through the trust shall be immediately furnished to the District, together with copies of any amendments thereto. The District's liability under this clause shall be limited solely to the payments required pursuant to the first paragraph hereof.
WELFARE TRUST FUND. An Employer, being signatory to this agreement, hereby covenants and agrees to be bound by all terms of the Trust Agreement governing the Ironworkers (Manitoba) Local Union 728 Central Welfare Trust Fund dated the 15th day of October, 1970 and all amendments thereto. Effective May 1, 2004, the Employer shall contribute $1.60 for every hour worked by each employee covered by this Agreement. Effective May 1, 2005, the Employer shall contribute $1.62 for every hour worked by each employee covered by this Agreement. Effective May 1, 2006, the Employer shall contribute $1.64 for every hour worked by each employee covered by this Agreement. Such contributions shall be forwarded to the Ironworkers (Manitoba) Local Union 728 Central Welfare Trust Fund by the 15th day of the month following the month in which the hours were worked. It will not be a violation of this agreement if the supply of labour is withheld due to non-payment of Welfare contributions by the Employer.
WELFARE TRUST FUND. 14.4.1 The Association shall create a trust fund pursuant to the rules of the Department of Labor and the laws of the State of New York and upon presentation by the Association to the district of documentation demonstrating the creation of a legal trust the District shall pay annually to the trustees for each full time employee an amount equal to: AS OF 2013-2014 $1,000 2014-2015 $1,050 2015-2016 $1,150 2016-2017 $1,200 2017-2018 $1,250 One quarter of the amount shall be paid on July 1, one quarter on October 1, one quarter on January 1, one quarter on April 1. Such payments will be adjusted according to the total number of full time employees as of each quarterly payment. In each quarter the number of full time employees shall be determined by the full time equivalent of the total number of employees employed by the District. District will make available a vision plan for all HTA unit members/retirees who elect the Orange-Ulster Health Plan. The plan benefits will be equivalent to DEHIC vision coverage, as available. The cost of the vision plan will be shared with the same annual unit member contributions as designated with regard to health insurance contribution.
