Common use of Required Contributions Clause in Contracts

Required Contributions. (a) (i) All Employees. Effective June 1, 2021 to May 31, 2022, the Employers agree to make apprenticeship contributions of One Dollar and Eighty Seven Cents ($1.87) per hour for each hour worked by each Employee, including apprentices and trainees covered by this Agreement, in addition to the wages herein stipulated in each year of this Agreement. This amount may hereafter be increased by allocation from the Union’s total economic package. These additional contributions can be used for the purpose of an increased apprentice stipend or for purposes related to further the apprentice program. Contributions shall be made to the Chicago Area Painting and Decorating Joint Apprenticeship and Training Committee, hereafter referred to as the "Apprenticeship Fund".

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement

Required Contributions. (a) (i) All Employees. Effective June 1, 2021 2017 to May 31, 20222018, the Employers agree to make apprenticeship contributions of One Dollar and Eighty Seven Cents ($1.87) per hour for each hour worked by each Employee, including apprentices and trainees covered by this Agreement, in addition to the wages herein stipulated in each year of this Agreement. This amount may hereafter be increased by allocation from the Union’s total economic package. These additional contributions can be used for the purpose of an increased apprentice stipend or for purposes related to further the apprentice program. Contributions shall be made to the Chicago Area Painting Painters and Decorating Decorators Joint Apprenticeship and Training CommitteeBuilding Fund, hereafter referred to as the "Apprenticeship Fund".

Appears in 1 contract

Sources: Collective Bargaining Agreement