Common use of Hourly Contribution Clause in Contracts

Hourly Contribution. The hourly contributions to the IWA-Forest Industry Pension Plan will be made on a per hour per employee per hour worked basis as follows:  Effective July 1, 2014 an increase to the employer per hour worked contribution of $1.00 per hour worked resulting in a total of $3.675 per hour worked employer contribution for the years 2014-2017. For the 2018 contract year the employer contribution will match the contribution of the BC Northern and Southern Interior employers.‌  Effective July 1, 2014 an increase to the employee per hour worked contribution of $0.600 per hour worked resulting in a total of $2.225 per hour worked employee contribution for the years 2014-2017. For the 2018 contract year the employee contribution will match the contribution of the BC Northern and Southern Interior employees.  It is understood that the $0.275 contributions provided for in Article XIX of the previous USW-WFP Collective Agreement are recognized as permanent.

Hourly Contribution. The hourly contributions to the IWA-Forest Industry Pension Plan will be made on a per hour per employee per hour worked basis as follows:  • Effective July 1, 2014 an increase to the employer per hour worked contribution of $1.00 per hour worked resulting in a total of $3.675 per hour worked employer contribution for the years 2014-2017. For the 2018 contract year the employer contribution will match the contribution of the BC Northern and Southern Interior employers.‌  employers. • Effective July 1, 2014 an increase to the employee per hour worked contribution of $0.600 per hour worked resulting in a total of $2.225 per hour worked employee contribution for the years 2014-2017. For the 2018 contract year the employee contribution will match the contribution of the BC Northern and Southern Interior employees.  • It is understood that the $0.275 contributions provided for in Article XIX of the previous USW-WFP Collective Agreement are recognized as permanent.

Hourly Contribution. The hourly contributions to the IWA-Forest Industry Pension Plan will be made on a per hour per employee per hour worked basis as follows:  Effective July 1, 2014 an increase to the employer per hour worked contribution of $1.00 per hour worked resulting in a total of $3.675 per hour worked employer contribution for the years 2014-2017. For the 2018 contract year the employer contribution will match the contribution of the BC Northern and Southern Interior employers.‌ employers.  Effective July 1, 2014 an increase to the employee per hour worked contribution of $0.600 per hour worked resulting in a total of $2.225 per hour worked employee contribution for the years 2014-2017. For the 2018 contract year the employee contribution will match the contribution of the BC Northern and Southern Interior employees.  It is understood that the $0.275 contributions provided for in Article XIX of the previous USW-WFP Collective Agreement are recognized as permanent.