Common use of Canadian Commercial Workers Industry Pension Plan Clause in Contracts

Canadian Commercial Workers Industry Pension Plan. A-3.01 The Company agrees to contribute to the “Canadian Commercial Workers Industry Pension Plan”, the sum of 85 cents for all hours worked or paid by the Employer to its employees in the bargaining unit including any overtime hours worked in a week (to a maximum of the basic work week), vacation, general holidays, sick days (not including Weekly Indemnity, LTD or other similar indemnifications ), jury duty, and any paid leave of absence required under the terms of the Collective Agreement. Contributions are required for each hour overtime is worked and paid to the extent the cumulative hours worked and paid do not exceed the basic work week. The maximum number of hours for which contributions are to be made in a week is the maximum number of hours of the basic work week for a full-time employee A-3.02 Contributions paid with respect to part-time vacation pay shall be remitted on an annual basis within one (1) calendar month of part-time employees receiving their vacation pay. It is understood that contributions paid with respect to part-time vacation pay shall only be made on behalf of employees who are in the employ of the Company as of the date vacation pay is paid. Contributions paid with respect to part-time vacation pay shall be based on the percentage of vacation pay paid under the applicable Collective Bargaining Agreement (e.g., 4%, 6%, etc.) of the hours worked in the previous year multiplied by the cents per hour contribution rate on the above effective date as indicated in 2 (a) (e.g., an employee having worked or been paid for 1000 hours in the previous year and who was entitled to 4% vacation pay would be entitled to receive an additional 40 hours’ credit into his/her previous yearly total. The C.C.W.I.P.P. administrator would credit said part-time employee with 40 additional hours and receive 40 x the applicable contribution rate from the Employer. Therefore, for the previous year, the employee, in this example, would be credited with a total of 1040 hours.

Appears in 1 contract

Samples: sp.ltc.gov.on.ca

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Canadian Commercial Workers Industry Pension Plan. A-3.01 A-5.01 The Company agrees to contribute to the Canadian Commercial Workers Industry Pension Plan”, Plan the sum of 85 twenty-five ($0.25) cents per hour for all hours worked or paid by the Employer to its employees associates in the bargaining unit including any overtime hours worked in a week (to a maximum of the basic work week), vacation, general holidays, sick days (not including Weekly Indemnity, LTD or other similar indemnifications indemnifications), jury duty, and any paid leave of absence required under the terms of the Collective Agreement. Contributions are required for each hour overtime is worked and paid to the extent the cumulative hours worked and paid do not exceed the basic work week. The maximum number of hours for which contributions are to be made in a week is the maximum number of hours of the basic work week for a full-time employee A-3.02 associate. Contributions paid with respect to part-time vacation pay shall be remitted on an annual basis within one (1) calendar month of part-time employees associates receiving their vacation pay. It is understood that contributions paid with respect to part-time vacation pay shall only be made on behalf of employees associates who are in the employ of the Company as of the date vacation pay is paid. Contributions paid with respect to part-time vacation pay shall be based on the percentage of vacation pay paid under the applicable Collective Bargaining Agreement (e.g., 4%, 6%, etc.) of the hours worked in the previous year multiplied by the cents per hour contribution rate on the above effective date as indicated in 2 (a) (e.g., an employee associate having worked or been paid for 1000 hours in the previous year and who was entitled to 4% vacation pay would be entitled to receive an additional 40 hours’ credit into his/her their previous yearly total. The C.C.W.I.P.P. administrator would credit said part-time employee associate with 40 additional hours and receive 40 x the applicable contribution rate from the Employer. Therefore, for the previous year, the employeeassociate, in this example, would be credited with a total of 1040 hours. In the event that CCWIPP is changed to allow associate contributions, the Company agrees to make deductions from associates’ paycheques in the amount authorized by a vote of the Manitoba associates, provided such deductions are configurable under the Company’s payroll system. A-5.02 Contributions, along with a list of associates for whom they have been made, the amount of the weekly contribution for each associate and the number of hours worked or paid according to the above A-5.01 shall be forwarded by the Company within the twenty-one (21) days after the close of the Company's four (4) or five (5) week accounting period. The Company agrees to pay interest at the rate established by the Trustees on all contributions not remitted as stipulated above.

Appears in 1 contract

Samples: Grupo Bimbo Canada

Canadian Commercial Workers Industry Pension Plan. A-3.01 The Company agrees to contribute to the “Canadian Commercial Workers Industry Pension Plan”, the sum of 85 cents for all hours worked or paid by the Employer to its employees in the bargaining unit including any overtime hours worked in a week (to a maximum of the basic work week), vacation, general holidays, sick days (not including Weekly Indemnity, LTD or other similar indemnifications ), jury duty, and any paid leave of absence required under the terms of the Collective Agreement. Contributions are required for each hour overtime is worked and paid to the extent the cumulative hours worked and paid do not exceed the basic work week. The maximum number of hours for which contributions are to be made in a week is the maximum number of hours of the basic work week for a full-time employee employee. A-3.02 Contributions paid with respect to part-time vacation pay shall be remitted on an annual basis within one (1) calendar month of part-time employees receiving their vacation pay. It is understood that contributions paid with respect to part-time vacation pay shall only be made on behalf of employees who are in the employ of the Company as of the date vacation pay is paid. Contributions paid with respect to part-time vacation pay shall be based on the percentage of vacation pay paid under the applicable Collective Bargaining Agreement (e.g., 4%, 6%, etc.) of the hours worked in the previous year multiplied by the cents per hour contribution rate on the above effective date as indicated in 2 (a) (e.g., an employee having worked or been paid for 1000 hours in the previous year and who was entitled to 4% vacation pay would be entitled to receive an additional 40 hours’ credit into his/her previous yearly total. The C.C.W.I.P.P. administrator would credit said part-part- time employee with 40 additional hours and receive 40 x the applicable contribution rate from the Employer. Therefore, for the previous year, the employee, in this example, would be credited with a total of 1040 hours.

Appears in 1 contract

Samples: www.sdc.gov.on.ca

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Canadian Commercial Workers Industry Pension Plan. A-3.01 The Company agrees to contribute to the “Canadian Commercial Workers Industry Pension Plan”, the sum of 85 cents for all hours worked or paid by the Employer to its employees in the bargaining unit including any overtime hours worked in a week (to a maximum of the basic work week), vacation, general holidays, sick days (not including Weekly Indemnity, LTD or other similar indemnifications ), jury duty, and any paid leave of absence required under the terms of the Collective Agreement. Contributions are required for each hour overtime is worked and paid to the extent the cumulative hours worked and paid do not exceed the basic work week. The maximum number of hours for which contributions are to be made in a week is the maximum number of hours of the basic work week for a full-time employee employee. A-3.02 Contributions paid with respect to part-time vacation pay shall be remitted on an annual basis within one (1) calendar month of part-time employees receiving their vacation pay. It is understood that contributions paid with respect to part-time vacation pay shall only be made on behalf of employees who are in the employ of the Company as of the date vacation pay is paid. Contributions paid with respect to part-time vacation pay shall be based on the percentage of vacation pay paid under the applicable Collective Bargaining Agreement (e.g., 4%, 6%, etc.) of the hours worked in the previous year multiplied by the cents per hour contribution rate on the above effective date as indicated in 2 (a) (e.g., an employee having worked or been paid for 1000 hours in the previous year and who was entitled to 4% vacation pay would be entitled to receive an additional 40 hours’ credit into his/her previous yearly total. The C.C.W.I.P.P. administrator would credit said part-time employee with 40 additional hours and receive 40 x the applicable contribution rate from the Employer. Therefore, for the previous year, the employee, in this example, would be credited with a total of 1040 hours.

Appears in 1 contract

Samples: sp.ltc.gov.on.ca

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