Common use of Local 2785 Clause in Contracts

Local 2785. (a) Monthly contributions for each employee on the payroll during the full calendar month who has been compensated for one hundred sixty (160) hours or more during such month are: Effective August 1, 2012 - $9.05 per compensable hour Effective August 1, 2013 - $9.55 per compensable hour Effective August 1, 2014 - TO BE DETERMINED Effective August 1, 2015 - TO BE DETERMINED Effective August 1, 2016 - TO BE DETERMINED Effective August 1, 2017 - TO BE DETERMINED (c) Effective on the following dates, the Employer will pay total contributions split between amounts for benefit accrual and amounts to pay for PEER/80 under the Program for Enhanced Early Retirement (PEER). The contributions required to provide for PEER will not be taken into consideration for benefit accrual purposes under the plan. The contributions for PEER/80 must at all times be 16.5% of the basic contribution and cannot be decreased or discontinued at any time. Basic Total Contribution PEER/80 Contribution August 1, 2012 7.77 1.28 9.05 August 1, 2013 TO BE DETERMINED 9.55 August 1, 2014 TO BE DETERMINED August 1, 2015 TO BE DETERMINED August 1, 2016 TO BE DETERMINED August 1, 2017 TO BE DETERMINED (a) Monthly contributions for each employee on the payroll during the full calendar month who has been compensated for one hundred sixty (160) hours or more during such month are: Effective August 1, 2008 - $1,204.64 per month Effective August 1, 2009 - $1,273.98 per month Effective August 1, 2010 - $1,343.31 per month Effective August 1, 2011 - $1,412.64 per month Effective August 1, 2012 - $1,481.97 per month (b) For each employee not covered under (a) above, the pay- ment shall be computed at the rate of: Effective August 1, 2008 - $6.95 per compensable hour Effective August 1, 2009 - $7.35 per compensable hour Effective August 1, 2010 - $7.75 per compensable hour Effective August 1, 2011 - $8.15 per compensable hour Effective August 1, 2012 - $8.55 per compensable hour

Appears in 2 contracts

Sources: Supplemental Agreement, Supplemental Agreement

Local 2785. (a) Monthly contributions for each employee on the payroll during the full calendar month who has been compensated for one hundred sixty (160) hours or more during such month are: Effective August 1, 2012 2013 - $9.05 1,551.30 per compensable hour month Effective August 1, 2015 - TO BE DETERMINED Effective August 1, 2016 - TO BE DETERMINED Effective August 1, 2017 - TO BE DETERMINED (b) For each employee not covered under (a) above, the payment shall be computed at the rate of: Effective August 1, 2013 - $9.55 8.95 per compensable hour Effective August 1, 2014 - TO BE DETERMINED Effective August 1, 2015 - TO BE DETERMINED Effective August 1, 2016 - TO BE DETERMINED Effective August 1, 2017 - TO BE DETERMINED (c) Effective on the following dates, the Employer will pay total contributions split between amounts for benefit accrual and amounts to pay for PEER/80 PEER/84 under the Program for Enhanced Early Retirement Retire- ment (PEER). The contributions required to provide for PEER will not be taken into consideration for benefit accrual purposes under the plan. The contributions for PEER/80 PEER/84 must at all times be 16.56.5% of the basic contribution and cannot be decreased or discontinued at any time. Basic Total Contribution PEER/80 Contribution August 1, 2012 7.77 1.28 9.05 August 1, 2013 TO BE DETERMINED 9.55 $8.40 $.55 $8.95 August 1, 2014 TO BE DETERMINED August 1, 2015 TO BE DETERMINED August 1, 2016 TO BE DETERMINED August 1, 2017 TO BE DETERMINED (a1) Monthly contributions Probationary employees: For probationary employees hired on or after August 1st, 2013 the Employer shall pay an hourly contribution rate of ten cents ($.10) (including $0.01 for each employee PEER/84 for part-time employees) during the probationary period as defined in Article 3, Section 1, but in no case for a period longer than the first ninety (90) days from an employee’s first date of hire. If and when this period is completed, the full standard contribution rate shall apply. Contribu- tions shall be calculated on the payroll during the full calendar month who has been compensated for one hundred sixty (160) hours or more during such month are: Effective August 1, 2008 - $1,204.64 per month Effective August 1, 2009 - $1,273.98 per month Effective August 1, 2010 - $1,343.31 per month Effective August 1, 2011 - $1,412.64 per month Effective August 1, 2012 - $1,481.97 per month (b) For each employee not covered under (a) above, the pay- ment shall be computed at the rate of: Effective August 1, 2008 - $6.95 per compensable hour Effective August 1, 2009 - $7.35 per compensable hour Effective August 1, 2010 - $7.75 per compensable hour Effective August 1, 2011 - $8.15 per compensable hour Effective August 1, 2012 - $8.55 per compensable hoursame basis as described in this Article.

Appears in 1 contract

Sources: Sort Rider Agreement