HEALTH AND WELFARE AND/OR PENSION Sample Clauses

HEALTH AND WELFARE AND/OR PENSION. The Union is willing to entertain the concept of "buying" uniform pension contribution language contingent upon the actual cost of said language. The Employer will provide this information to the Union within six (6) months from the ratification date of this Agreement. It is agreed that should the Western Conference of Teamsters Pension Trust Fund modify contribution rules during the life of this Agreement, the Employer and the Union shall meet and negotiate a fair and equitable resolution to allow United Parcel Service and the Union to participate and share in cost savings that might occur as a result of such modifications. For probationary employees hired on or after August 1st, 2002, the Employer shall pay an hourly contribution rate of ten cents ($0.10) (including $0.01 for PEER/80 for full-time employees and PEER/84 for part-time employees) during the probationary period as defined in Article 4, Section 1, but in no case for a period longer than the first ninety (90) calendar days from an employee’s first date of hire. If and when this period is completed, the full standard contribution rate shall apply. Contributions shall be calculated on the same basis as described in this Article. Pension contributions payable into the Western Conference of Teamsters Pension Trust Fund on account of each part-time and full-time employee of the bargaining unit shall be paid for each hour for which compensation was paid (all compensable hours) up to a maximum of 2080 hours per calendar year. The respective Riders and/or Addendums signatory to this Agreement shall reduce to writing the agreed to method for each Rider and/or Addendum which funds the increased pension benefit of all part-time and full-time employees being paid for each hour for which compensation was paid (all compensable hours) up to a maximum of 2080 hours per calendar year. The one dollar ($1.00) per hour effective August 1, 2023 2018, the one dollar ($1.00) per hour effective August 1, 2024 2019, the one dollar ($1.00) per hour effective August 1, 2025 2020, the one dollar ($1.00) per hour effective August 1, 2026 2021 and the one dollar ($1.00) per hour effective August 1, 2027 2022 set forth in National Master United Parcel Service Agreement Article 34 - Health & Welfare and Pension shall be allocated, to the extent available pursuant to Article 34, each year within the Western Region in accordance with Article 34 of the National Master Agreement.
AutoNDA by SimpleDocs
HEALTH AND WELFARE AND/OR PENSION. The one dollar ($1.00) per hour effective August 1, 2013 2008, the one dollar ($1.00) per hour effective August 1, 2014 2009, the one dollar ($1.00) per hour effective August 1, 2015 2010, the one dollar ($1.00) per hour effective August 1, 2016 2011 and the one dollar ($1.00) per hour effective August 1, 2017 2012 set forth in National Master United Parcel Service Agreement Article 34 - Health & Welfare and Pension shall be allocated each year within the Western Region in accordance with Article 34
HEALTH AND WELFARE AND/OR PENSION. (b) For those full-time or part-time employees who have received health and welfare benefits from the Company Health & Welfare Plan, benefits on and after January 1, 2014 will be provided by Teamsters Western Region and Local 177 Health Care Plan in accordance with the Letter of Agreement on the Teamsters Western Region and Local 177 Health Care Plan dated September 6, 2013. The Company will continue to provide health & welfare benefit coverage under the existing plan through December 31, 2013. For all full-time and part-time employees who receive health and welfare benefits from the Teamsters Western Region and Local 177 Health Care Plan the employer shall make health and welfare contributions for employees who have been injured on the job for a period of one (1) year, and for employees who are ill or have been injured off the job for a period of four (4) weeks, with the Teamsters Western Region and Local 177 Plan covering the remaining weeks up to a maximum of twenty-six (26) weeks.
HEALTH AND WELFARE AND/OR PENSION. The sixty-five cents (65 cents) per hour effective August 1, 2002, the sixty cents (60 cents) per hour effective August 1, 2003, the sixty cents (60 cents) per hour effective August 1, 2004, the sixty cents (60 cents) per hour effective August 1, 2005, the sixty cents (60 cents) per hour effective August 1, 2006 and the seventy cents (70 cents) per hour effective August 1, 2007, proposed to Health and Welfare and/or Pension shall be allocated within the Western Region in the following manner: The one dollar ($1.00) per hour effective August 1, 2008, the one dollar ($1.00) per hour effective August 1, 2009, the one dollar ($1.00) per hour effective August 1, 2010, the one dollar ($1.00) per hour effective August 1, 2011 and the one dollar ($1.00) per hour effective August 1, 2012 proposed in National Master Agreement Article 34 - Health & Welfare and Pension shall be allocated each year within the Western Region as thirty-five cents ($0.35) per year to Health and Welfare and sixty-five cents ($0.65) per year to Pension in the following manner:

Related to HEALTH AND WELFARE AND/OR PENSION

  • HEALTH AND WELFARE 36.01 Health and welfare benefits shall be as contained in Appendix "A" of this Agreement and shall form part of this Agreement.

Time is Money Join Law Insider Premium to draft better contracts faster.