MECHANICS, SERVICEMAN TOOL ALLOWANCE FUND Sample Clauses
The MECHANICS, SERVICEMAN TOOL ALLOWANCE FUND clause establishes a fund or reimbursement system to help mechanics and service personnel cover the costs of purchasing and maintaining their own tools required for their job. Typically, this clause outlines eligibility criteria, the amount or frequency of the allowance, and the process for submitting claims or receipts for tool-related expenses. Its core practical function is to ensure that employees are not unduly burdened by the expense of essential tools, thereby supporting job performance and reducing financial strain on workers.
MECHANICS, SERVICEMAN TOOL ALLOWANCE FUND. The Employer shall make contributions at the rate of six cents (6¢) per hour for each hour for which wages are payable hereunder for each employee covered by this Agreement to the Operating Engineers' Mechanics Tool Allowance Fund.