Common use of Contribution Rate Clause in Contracts

Contribution Rate. The Company shall contribute to the IAM National Pension Fund, Benefit Plan B for each hour or portion thereof to a maximum of forty (40) hours per workweek for which employees in all job classifications covered by this Agreement are entitled to receive pay under this Agreement as follows: $2.55 per hour effective June 1, 2013 $2.75 per hour effective May 1, 2014 $3.05 per hour effective May 1, 2015 $3.35 per hour effective May 1, 2016

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Contribution Rate. β€Œ The Company shall contribute to the IAM National Pension Fund, Benefit Plan B for each hour or portion thereof to a maximum of forty (40) hours per workweek for which employees in all job classifications covered by this Agreement are entitled to receive pay under this Agreement as follows: $2.05 per hour effective June 1, 2010 $2.25 per hour effective June 1, 2011 $2.40 per hour effective June 1, 2012 $2.55 per hour effective June 1, 2013 $2.75 per hour effective May 1, 2014 $3.05 per hour effective May 1, 2015 $3.35 per hour effective May 1, 20162013

Appears in 1 contract

Samples: Collective Bargaining Agreement

Contribution Rate. The Company shall contribute to the IAM National Pension Fund, Benefit Plan B for each hour or portion thereof to a maximum of forty (40) hours per workweek for which employees in all job classifications covered by this Agreement are entitled to receive pay under this Agreement as follows: $2.55 5.00 per hour effective June February 1, 2013 2019 $2.75 5.00 per hour effective May February 1, 2014 2020 $3.05 5.00 per hour effective May February 1, 2015 2021 $3.35 5.00 per hour effective May February 1, 20162022

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Contribution Rate. The Company shall contribute to the IAM National Pension Fund, Benefit Plan B for each hour or portion thereof to a maximum of forty (40) hours per workweek for which employees in all job classifications covered by this Agreement are entitled to receive pay under this Agreement as follows: $2.55 per hour effective June 1, 2013 $2.75 per hour effective May 1, 2014 $3.05 per hour effective May 1, 2015 $3.35 per hour effective May 1, 2016:

Appears in 1 contract

Samples: Collective Bargaining Agreement

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