00 Pension Clause Samples

00 Pension. The Employer shall pay into the Operating Engineers' Pension Trust Fund according to the following schedule: Effective June 26, 2006  Two dollar and seventy-five cents ($2.75) per hour

00 Pension. Each Employer covered by this Agreement shall pay into the Pension Trust Fund for Operating Engineers for all hours worked according to the following schedule: *The parties agree that sufficient contributions will be made available from these increases to the Pension Fund to support any Rehabilitation/Funding Improvement schedule adopted by the Pension Board of Trustees pursuant to the Pension Protection Act of 2006 and the Union will select an option (Schedule) in the Pension’s Rehabilitation Plan or Funding Improvement Plan, whichever is applicable. Additional monies required for such Rehabilitation Plan/Funding Improvement Schedule shall be allocated from existing negotiated increases, wages and/or fringe benefits. ** 2017, 2018 and 2019 Pending annual review by the Plan’s Actuaries & Trustees

00 Pension. 22.01 The employer will contribute $1.35 per hour worked to the I.A.M. Labour Management Pension Fund (Canada).

00 Pension. L32.01 All Members must enroll in the Ontario Municipal Employees Retirement Plan (OMERS) or the Ontario Teachers’ Pension Plan (OTPP) upon employment with the Board as a condition of employment. Each Member shall contribute to the Plan based on the formula established by the appropriate pension plan.

00 Pension. To fund the Pension Plan for the Pension Trust Fund for Operating Engineers, each Individual Employer covered by this Agreement shall pay into the Pension Trust Fund for Operating Engineers, according to the following schedule: $.*per hour – Effective 6/28/2021 $.*per hour – Effective 6/27/2022 The parties agree that sufficient contributions will be made available from these increases to the Pension Fund to support any Rehabilitation/Funding Improvement schedule adopted by the Pension Board of Trustees pursuant to the Pension Protection Act of 2006 and the Union will select an option (Schedule) in the Pension’s Rehabilitation Plan or Funding Improvement Plan, whichever is applicable. Additional monies required for such Rehabilitation Plan/Funding Improvement Schedule shall be allocated from existing negotiated increases, wages and/or fringe benefits. * 2021 and 2022 Pending annual review by the Plan’s Actuaries & Trustees

00 Pension. 20.01 All Employees covered by this Agreement shall become members of the Local Authorities Pension Plan at such time as agreed upon by the parties to this Agreement and the provisions of the respective Acts are complied with in all respects.

00 Pension. 27.01 PENSION - The Employer shall make a Pension contribution at the rate specified in Appendix A for each hour worked. The Employer shall remit such contributions to the Administrator appointed by the Trustees by the 15th day of the month following the month for which the contributions were made.

00 Pension. 34.01 The Employer shall provide pension and retirement benefits to Employees covered by this Agreement pursuant to provisions of the Statutes and Laws of the State of New Jersey. 34.02 The Employer will pay to the appropriate Police Retirement Fund all amounts which the Fund will accept on account of any payments made to Employees pursuant to this Agreement. 34.03 It is agreed that in the event that the parties have a dispute as to whether a payment should or should not be made to the appropriate Police Retirement Fund, then, and in that event, resolution of the said dispute shall be made by the appropriate fund and the parties to this Agreement agree to be bound thereby.

00 Pension. (a) The Employer shall pay into the Western Conference of Teamsters Pension Trust on behalf of each Fountain Vending Mechanic, Class A Driver, Fountain Vending Delivery Driver, Forklift Operator, Loader, and Full Service Attendant of the bargaining unit (as well as part time, and temporary employees hired to perform bargaining unit work) for each straight time hour for which compensation was paid to a maximum of 2080 hours per calendar year. Effective June 27, 2021, the hourly contribution rate shall be one dollar and ninety five cents ($1.95) per straight-time hour. Effective April 3, 2022, the hourly contribution rate shall be two dollars and fifteen cents ($2.15) per straight-time hour. Effective April 2, 2023, the hourly contribution rate shall be two dollars and forty cents ($2.40) per straight-time hour. Effective April7, 2024, the hourly contribution rate shall be two dollars and sixty five cents ($2.65) per straight-time hour. Effective April 6, 2025, the hourly contribution rate shall be two dollars and ninety cents ($2.90) per straight-time hour. (b) The Employer shall pay into the Western Conference of Teamsters Pension Trust on behalf of each Display ▇▇▇▇▇▇▇ of the bargaining unit (as well as part time hired to perform bargaining unit work) for each straight time hour for which compensation was paid to a maximum of 2080 hours per calendar year. Effective June 27, 2021the hourly contribution rate shall be eighty five cents ($.85) per straight-time hour. Effective April 3, 2022, the hourly contribution rate shall be one dollar and five cents ($1.05) per straight-time hour. Effective April 2, 2023, the hourly contribution rate shall be one dollar and thirty cents ($1.30) per straight-time hour. Effective April 7, 2024, the hourly contribution rate shall be one dollar and fifty five cents $1.55) per straight-time hour. Effective April 6, 2025, the hourly contribution rate shall be one dollar and eighty cents $1.80) per straight-time hour. (c) The hourly pension contribution rates expressed in paragraphs (a) and (b) above include a component (6.5%) for the Program for Enhanced Early Retirement—84 (PEER/84). The contributions for PEER/84 will not be taken into consideration for benefit accrual purposes under the Plan, must at all times be 6.5% of the basic contribution and cannot be decreased or discontinued. (d) The total amount due for each calendar month shall be remitted in a lump sum not later than twenty (20) days after the last business day of...