Welfare Fund definition
Examples of Welfare Fund in a sentence
The Employer and the Union agree that where the Board of Trustees of the National Pension Fund or the National Health and Welfare Fund have reasonable grounds to believe that all proper contributions have not been made under this Collective Agreement, pursuant to Articles 25.01 and 26.01, the said Board of Trustees shall have the authority to appoint an independent auditor to inspect those books and records of an Employer, pertaining to the aforesaid contributions.
The Beginner (1st six months) will not pay into the Welfare Fund II.
The Employer shall contribute the amount established in the respective wage schedule per hour for each hour worked by his employees covered by the terms of this Agreement and shall submit such contributions to the Welfare Fund II.
The Fund shall conform to all existing and future Federal and Commonwealth statutes applicable to and controlling such Health and Welfare Fund.
The Trustees as set up under the Health and Welfare Fund shall also be the Trustees for the Pension Plan.