Diversions of Wages to Pension - Diversions of money from Base Sample Clauses

Diversions of Wages to Pension - Diversions of money from Base. Wage pay to Pension will be allowed only under the following terms: (a) the Union must notify the Employer of any diversion within thirty (30) days of the ratification of this Agreement or thirty (30) days prior to the effective date of any contractual wage increase; (b) any diversion in the first year of the contract will be effective thirty (30) days after the Union gives notice, and, in subsequent years, on the effective date of any contractual wage increase; (c) the diversion can only be done if approved by a majority of the relevant Pension unit.
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