Common use of 00 Pension Clause in Contracts

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: $10.78 per hour – Effective 6/29/2015 Preferred Schedule of the Rehabilitation Plan: $.63 cents per hour/each year $10.78 per hour – Effective 6/29/2020 $.*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. 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: $10.78 per hour – Effective 6/29/2015 6/29/15 Preferred Schedule of the Rehabilitation Plan: $.63 cents per hour/each year $10.78 per hour – Effective 6/29/2020 7/1/16 $.*per .* per hour – Effective 6/28/2021 6/26/17 $.*per .* per hour – Effective 6/27/2022 6/25/18 $.* per hour – Effective 6/24/19 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 *2016, 2017, 2018 and 2022 2019 Pending annual review by the Plan’s Actuaries & Trustees

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: $10.78 per hour – Effective 6/29/2015 Preferred Schedule of the Rehabilitation Plan: $.63 cents per hour/each year year* $10.78 per hour – Effective 6/29/2020 6/27/2022 $.*per 10.78 per hour – Effective 6/28/2021 $.*per 6/26/2023 * per hour – Effective 6/27/2022 7/01/2024 * per hour – Effective 6/30/2025 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 2024 and 2022 2025 Pending annual review by the Plan’s Actuaries & Trustees.