ELECTRICAL INDUSTRY ENHANCEMENT PROGRAM OF ALBERTA. (a) The Parties hereby agree to the establishment of and do hereby establish the Electrical Industry Enhancement Program funded in accordance with the provisions of this Article 11.04 as amended from time to time by the Parties.
ELECTRICAL INDUSTRY ENHANCEMENT PROGRAM OF ALBERTA. (a) The Parties hereby agree to the establishment of and do hereby establish the Electrical Industry Enhancement Program funded in accordance with the provisions of this Article as amended from time to time by the Parties. Each Employer bound by this Collective Bargaining Agreement shall contribute to a fund created pursuant to this Program at the hourly rates set out in sub clause for this Article such rates being calculated for each and every hour worked* by an Employee under the job classification set out in this Collective Bargaining Agreement. Upon the wages of an Employee becoming due, the said contribution shall be calculated by the Employer for all hours worked*, whether regular or overtime, by all Employees in said classification in a month and a report listing the names and hours of the Employees so credited, together with the contributions for same, shall be forwarded by the Employer to the Local to be received on or before the Fifteenth (15th) day of the month following. EACH EMPLOYER SHALL FILE A MONTHLY REPORT WHETHER OR NOT HE HAS PARTICIPATING EMPLOYEES. It is understood that the contributions negotiated under this clause as specified below are for the benefit of the Employees of the Employers. Contributions to the said Program to be deducted from the Employee’s wages shall be: At the rate of Five Cents ($0.05) per hour for all Employees in each classification, which shall be allocated to the payment of the Employees’ Union dues; and * Except for Market Recovery Trust Funds, which shall be calculated on hours earned. At an effective date and at the contribution rate for each hour worked to be determined by the Union, notice of which shall be provided in writing by the Union to the Association, for Journeymen only in each classification, i.e., General Foremen, Foremen, Sub-foremen and Journeymen, to a Registered Retirement Savings Plan registered in the Employee's name and for his benefit in accordance with the terms and conditions of agreements between Local Union of the International Brotherhood of Electrical Workers and a financial institution to be designated by it. The said contribution is presently established at One Dollar ($1.00) per hour. Market Recovery Trust Funds to be paid by the Employer: Employers shall remit to the Trust Fund a sum calculated as an hourly contribution for each and every hour earned by the Employees covered under the terms of this Collective Agreement. The Parties agree that such contributions are to be made s...
