DISTRICT COUNCIL FUND. Each employer working in the territorial jurisdiction of Local Unions 700, 721, 736, 759, 765, and 786 will deduct and remit the rates detailed under article 30.5 for for each hour earned by employees covered by this Agreement to the Ironworker’s District Council Fund. Effective May 1, 2010, one cent ($0.01) per hour earned will be added to the district council fund for the purpose of funding the Canadian Building Trades which will be forwarded to the Canadian Building Trades department on a monthly basis by the benefit plan administrator. Deductions shall be remitted to the Benefit Plan Administrators post-marked by the 15th of the month following the month in which the hours were worked. If the Employer does not submit as required above an interest charge of fifteen percent (15%) per annum will be charged for any unpaid amount. Such interest charge to be calculated from the due date and continuing until the indebtedness is satisfied. Should expense be incurred for legal or other action required to obtain the assessments or interest due, the Employer shall be liable for any such expense.
DISTRICT COUNCIL FUND. LOCALS 700; 721; 736; 759; 765 & 786
DISTRICT COUNCIL FUND. (a) LOCALS Effective May each Employer bound by this Agreement will deduct from Wages the amount as shown under "District Council Fund" for each Local Union on the RATES OF WAGES breakdown schedule, pages and (a), for each hour earned by Employees covered by this Agreement, and remit such contributions with the Welfare contributions payable hereunder. Such amounts on receipt shall immediately be paid to the Iron Workers District Council Fund. It is understood that the deductions under this Article in regard to overtime work shall bear the overtime premium applicable for hours earned.
DISTRICT COUNCIL FUND. 24.1 Effective May 1, 2016, each Employer working in the territorial jurisdiction of Local Unions 700, 721, 736, 759, 765 and 786 will deduct and remit the rates detailed under Article (package memorandum article) for each hour earned by employees covered by this Agreement to the Ironworkers District Council Fund. Effective May 1, 2016 the total amount deducted and remitted to the administrator shall include one cent ($0.01) per hour earned to the Canadian Building Trades which will be forwarded to the Canadian Building Trades department on a monthly basis by the Benefit Plan Administrators. Deductions shall be remitted to the Benefit Plan Administrators post-marked by the 15th of the month following the month in which the hours were worked. If the Employer does not submit as required above, an interest charge of 15% per annum will be charged for any unpaid amount. Such interest charge to be calculated from the due date and continuing until the indebtedness is satisfied. Should expense be incurred for legal or other action required to obtain the assessments or interest due, the Employer shall be liable for any such expense.
