INSURANCE FUND Sample Clauses

INSURANCE FUND. 18.1 Each contractor shall pay on an hour earned basis, rates as noted below, for all employees covered by this Collective Agreement into the Local Health and Welfare Fund where the employee is working: Province May 1/22 May 1/23 May 1/24 Newfoundland 2.35 2.35 2.35 Nova Scotia 2.15 2.15 2.15 New Brunswick & PEI 3.25 3.35 3.45 Ontario 3.03 3.03 3.03 Manitoba 1.89 1.89 1.89 Saskatchewan 2.09 2.34 2.59 Alberta & NWT Local 488 2.40 2.40 2.40 Alberta Local 496 1.70 1.70 1.70 British Columbia 2.67 2.67 2.67
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INSURANCE FUND. The Employer agrees to pay to Pipefitters Local No. 636 Insurance Fund for each Employee covered by this Agreement, the current allocated sum for the Insurance Fund for each hour worked, which shall be used for the purpose of providing Group Insurance for Employees and their dependents.‌‌‌‌‌‌‌‌
INSURANCE FUND. There has been established a proper and effective insurance fund which contains provisions for the benefit of disabled, sick and injured employees and their dependents, and which provides for hospitalization, medical care, death benefits and such other incidental benefits as may be obtainable or procurable from any insurance group plan and/or insurance company. Some of the said funds will be used to purchase "Major Medical" benefits for the employees.
INSURANCE FUND. The Board will pay per administrator or supervisor in each year of this Agreement for the purchase of such benefits as are purchased by the Welfare Insurance Fund of the Yorktown Congress of Teachers for teachers employed by the Board the amount which the Board contributes for each teacher to the Welfare Insurance Fund in that year.
INSURANCE FUND. The borrower knows and understands provisions in Managing Methods, and knows that he is the subscription obligor of the insurance fund, and agrees to pay the insurance fund according to Managing Methods.
INSURANCE FUND. (A) Effective June 1, 2013, full-time employees (that is, employees regularly working thirty (30) or more hours per week, as determined by the Employer in accordance with applicable law) who so elect will receive health, prescription drug, dental, vision, optical, short-term disability and life insurance coverage pursuant to the Amalgamated National Health Fund “RBNJAA” Plan or such other welfare fund that the Employer and the Union shall designate (“Fund”). The aggregate monthly contributions (both Employer and employee paid) for the Fund will be no greater than the following amounts: EffectiveJune 1, 2013 EffectiveJune 1, 2014 EffectiveJune 1, 2015 Employee Coverage $610.00 $671.00 $739.00 Employee Plus Child $800.00 $880.00 $968.00 Employee Plus Children $1,098.00 $1,208.00 $1,329.00 Employee Plus Spouse $1,170.00 $1,287.00 $1,416.00 Family $1,687.00 $1,856.00 $2,041.00
INSURANCE FUND. The Employer agrees to pay 11 percent of gross earnings of all of its employees who come under the scope of this Agreement to the Amalgamated Retail Insurance Fund to provide certain health and welfare benefits to its employees. The Union and the Employer further agree to sign any and all instruments necessary to effectuate the provisions of this Article.
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INSURANCE FUND. (a) The Employer agrees to pay monthly into the Union's Insurance Fund for all Journeymen, the following hourly amounts: August 19, 2013 - $ 9.50 per hour worked August 1, 2014 - TO BE ALLOCATED BY MEMBERSHIP, PURSUANT TO CONTRACT August 1, 2015 - TO BE ALLOCATED BY MEMBERSHIP, PURSUANT TO CONTRACT
INSURANCE FUND. All monies not used for the payment of claims or administrative costs or other costs directly related to the plans shall remain in the Insurance Fund to be monitored on a regular basis by the Insurance Committee in agreement with the terms and conditions set forth in the associated Agreement. Insurance payments, or lack thereof, may be appealed through an appeals process to be decided upon by the Insurance Committee. In the event that the self-insured plan is abolished and/or conventional insurance is reinstated, all remaining monies shall be dispersed in a manner agreed upon by the Board and the Association.

Related to INSURANCE FUND

  • Insurance Companies Insurance required hereunder shall be in companies duly licensed to transact business in the State of Washington, and maintaining during the policy term a General Policyholders Rating of ‘A-’ or better and a financial rating of ‘IX’ or better, as set forth in the most current issue of “Best’s Insurance Guide.”

  • Group Insurance 38.01 The Group Insurance Plan presently in effect shall remain in effect during the term of this Agreement.

  • Separate Insurance Borrower shall not take out separate insurance contributing in the event of loss with that required to be maintained pursuant to this Section 6.1 unless such insurance complies with this Section 6.1.

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