FRINGE BENEFIT FUNDS. All contributions and deductions to the WI Laborers’ Fringe Benefit Funds can be paid with one check payable to: WI Laborers’ Fringe Benefit Funds.
FRINGE BENEFIT FUNDS. 1. The Employer acknowledges the fringe benefit funds (collectively known as the "Funds") that have been created by prior collective bargaining agreements and include the New Jersey Carpenters Funds, the New Jersey Carpenters Apprentice Training and Educational Fund, and the New Jersey Carpenters Contractors Trust.
FRINGE BENEFIT FUNDS. In the event the Board of Trustees determines the necessity of an increased contribution, said Board of Trustees shall notify Local 841, and Local 841 shall in tum notify AGC of Illinois in writing of such increase not less than thirty (30) days prior to each anniversary date of this Agreement. Any increase in employer contribution shall come out of the total increase negotiated for that period, whereupon an addendum in writing describing such change(s) shall be incorporated into this Agreement. It is understood that there shall be no transfer or redistribution of wages into fringe benefits except on the anniversary dates of this Agreement and under no circumstances can monies be deducted from the basic labor rate, as such is prohibited by the Illinois Department of Labor. For purposes of this clause only, anniversary dates are April 1, 2019, April 1, 2020, and April 1, 2021.
FRINGE BENEFIT FUNDS. The Trustees of the Upstate New York Engineers Pension Fund adopted a Rehabilitation Plan on June 7, 2010. Thereafter, the Trustees of the Upstate New York Engineers Pension Fund provided to the parties the schedules adopted as part of the Rehabilitation Plan. The parties have negotiated and have adopted the schedule designated in the Rehabilitation Plan as the Preferred Schedule. That schedule is incorporated by reference into this collective bargaining agreement. Pursuant to such schedule, the parties, in addition to agreeing to the revised benefit structures set forth therein, also agree to contributions to the Upstate New York Engineers Pension Fund as provided for in this agreement, which amounts are no less than those referenced in the Preferred Schedule. Any and all additional pension fund allocations are included as part of the negotiated increases as per the appropriate appendices. A delinquency list shall be circulated on a monthly basis to the parties of this agreement.
FRINGE BENEFIT FUNDS. The Employer agrees to participate in and make contributions towards the appropriate fringe benefit funds (the “Fringe Benefit Funds”) as set forth in the attached Appendices, the contents of which are hereby incorporated herein.
FRINGE BENEFIT FUNDS. 1. The Employer acknowledges the fringe benefit funds (collectively known as the "Funds") that have been created by prior collective bargaining agreements.
FRINGE BENEFIT FUNDS. All employers bound by this Agreement consent to continue throughout its term to pay into each respective Fringe Benefit Fund the sum per hour for each hour worked by journeymen and apprentices, hereunder, as shown on the wage rate and benefit schedule in Appendix (C). All employers shall make contributions to the following Fringe Benefit Funds:
FRINGE BENEFIT FUNDS. Section 1. The Employer also agrees to contribute to the Ohio Conference of Plasterers’ and Cement Xxxxx Health and Welfare Fund, Operative Plasterers’ a Cement Masons Profit Sharing Annuity Plan, The Local 886/404 Pension Fund, OP&CMIA Local 526 Promotion Fund, J.A.T.C. Apprenticeship Fund, OP&CMIA Local 526 Per Capita Tax Fund, C.I.S.P., the proper amount as determined by the Collective Bargaining Agreement for each hour for which the Employer employs an employee under the terms of this agreement.
FRINGE BENEFIT FUNDS. The bond shall contain the provisions set forth below with regard to the time period of the bond. As evidence a bond has been obtained, a copy of the bond shall be delivered to the Pipefitters Local Union No. 533 Fringe Benefit Funds Office. The amount of the Surety Bond is different for every Employer and is listed below in Schedule A. The employer’s bond amount within Schedule A shall be adjusted to comply with the Surety Bond requirement. Surety Bonds required by this Section shall be for not less than the following sums in Schedule A: SCHEDULE A An Employer employing 1 to 3 Employee(s): $10,000 Surety Bond An Employer employing 4 to 8 Employees: $25,000 Surety Bond An Employer employing 9 to 16 Employees: $50,000 Surety Bond An Employer employing 17 to 31 Employees: $100,000 Surety Bond An Employer employing 32 to 46 Employees: $150,000 Surety Bond An Employer employing 47 to 61 Employees: $200,000 Surety Bond An Employer employing 62 or more Employees $250,000 Surety Bond The number of employees listed on Schedule A shall be based on the average number of employees that the Employer recorded on reports submitted to the Health & Welfare Fund during the previous calendar year. For New Signatory Employers and Out-of-Town Employers, the number of employees for purposes of Schedule A shall be projected manpower for the year. The projected manpower estimate is subject to adjustment by Local 533 should the actual manpower utilized exceed the projected manpower. The Surety Bond shall be issued by a corporate surety whose name appears on the U.S. Department of the Treasury’s Circular 570, or a current supplement thereto, as an approved surety licensed in one or more of the following States: Missouri, Kansas, or the State of the Employer’s domicile. The penal sum of the Surety Bond must not exceed the surety’s underwriting limit stated in the circular. If the penal sum exceeds the underwriting limit, the Surety Bond is acceptable only if: (1) the amount that exceeds the specified limit is coinsured or reinsured; and (2) the amount of coinsurance or reinsurance does not exceed the underwriting limits of the respective coinsurers or reinsurers. The cost of said Surety Bond will be assumed by the Employer, and the Employer shall take all necessary action to ensure the continued effectiveness of its Surety Bond. The Surety Bond shall be conditioned upon payment by the Employer of all fringe benefits and expenses in their proper amounts as specified in this Agreemen...
FRINGE BENEFIT FUNDS. 1. For all work performed, the Employer agrees to make contributions to the Fringe Funds hereinafter described in the amounts and under the conditions set forth herein.
