Retirees’ Welfare Trust Sample Clauses

Retirees’ Welfare Trust. Contribute the following for continued benefits under the “RWT-PLUS PLAN”, and the Port shall continue to reduce each member of the bargaining unit’s wages by an amount equal to one half (1/2) of the monthly premium per member: Effective January 1, 2015 $94.85 Effective January 1, 2016 TBD Effective January 1, 2017 TBD
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Retirees’ Welfare Trust. Effective June 1, 20185, based on May hours, contribute the sum of $94.85 per employee per month for continued benefits under the "RWT PLUS PLAN." Monthly premiums required by the welfare trust, to maintain retiree coverage, greater than $94.85 per month shall be paid by the employee through wage diversion. Effective June 1, 2017, based on May hours, the Port shall contribute the following for continued benefits under the Retirees Welfare Trust “RWT-PLUS PLAN”, and the Port shall reduce each member of the Bargaining Unit’s wages by an amount equal to one half (1/2) of the monthly premium per member. Effective June 1, 20187 $94.85 Effective January 1, 20198 $94.85 Effective January 1, 2020 $TBD Effective January 1, 2021 $TBD ARTICLE 109 – PENSION
Retirees’ Welfare Trust. The Port shall contribute the following for continued benefits under the “RWT PLUS XL PLAN,” and the Port shall continue to reduce each member of the Bargaining Units’ wages by an amount equal to one-half (1/2) of the monthly premium per member: Effective January 1, 20192022 $94.85175.00 Effective January 1, 2020, members of the bargaining group will be eligible to enroll in the Teamsters Retiree Welfare Trust XL plan. The Port shall contribute fifty dollars ($50.00) per month for the term of the Agreement toward the monthly premium of each member enrolled in the Teamsters Retiree Welfare Trust Plus XL plan. The balance of the monthly premium rate will be paid by members of the bargaining group through monthly payroll deduction. The Port will be absolved from any liability associated with this Teamsters Retiree Welfare Trust plan.
Retirees’ Welfare Trust. For the life of this Agreement the Port agrees to contribute $94.85 per month per eligible employee for continued benefits under the “RWT- Plus Plan.”
Retirees’ Welfare Trust. Contribute the following for continued benefits under the "RWT-PLUS XL PLAN": Effective January 1, 2022 $175.00 The Port shall contribute fifty dollars ($50.00) per month for the term of the Agreement toward the monthly premium of each member enrolled in the Teamsters Retiree Welfare Trust Plus XL plan. The balance of the monthly premium rate will be paid by members of the bargaining group through monthly payroll deduction. The Port will be absolved from any liability associated with this Teamsters Retiree Welfare Trust plan.
Retirees’ Welfare Trust. The port shall contribute the following for continued benefits under the “RWT Plus XL” plan: The Port shall contribute the following for continued benefits under the “RWT-PLUS PLAN,” and the Port shall continue to reduce each member of the Bargaining Units’ wages by an amount equal to one-half (1/2) of the monthly premium per member. Effective January 1, 2018 $94.85 Effective January 1, 2019 $94.85 Effective January 1, 20210 $175TBD The Port shall continue to reduce each member of the Bargaining Units’ monthly wage to offset the monthly RWT-Plus XL Plan premium such that the Port pays the same amount that it contributed when bargaining unit members were enrolled in the "RWT Plus" plan—forty-seven dollars and forty-three cents ($47.43)—per month toward the monthly premium of each member enrolled in the Teamsters Retiree Welfare Trust Plus XL plan. The balance of the monthly premium rate will be paid by members of the bargaining group through monthly payroll deduction. The Port will be absolved and indemnified by Local 117 from any liability associated with the Teamsters Retiree Welfare Trust plan. and the Port shall continue to reduce each member of the Bargaining Units’ wages by an amount equal to one-half (1/2) of the monthly premium per member .
Retirees’ Welfare Trust. The Port agrees to contribute $94.85 per month per eligible employee for continued benefits under the “RWT-Plus Plan.” through December 31, 2015. Effective JulyJanuary 1, 201816, The Port shall contribute $94.85 per month per eligible employee the following for continued benefits under the Retirees Welfare Trust “RWT-PLUS- PLAN”, and the Port shall reduce each member of the Bargaining Unit’s wages by an amount equal to one half (½) of the monthly premium per member. Effective JanuaryJuly 1, 201916 $94.85TBD Effective JanuaryJuly 1, 202017 $TBD Effective January 1, 202118 $TBD
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Retirees’ Welfare Trust. On behalf of the employees, the City agrees to coordinate payroll deductions and make Employee-funded contributions to the Teamsters’ Retiree’s Welfare Trust, which will be administered by Northwest Administrators, Inc. The Union and the City have agreed the funds will be deducted from the Employee’s pay check each pay period and contributed to the Retiree’s Welfare Trust. These deductions in pay are authorized by this Agreement and no further action is needed by the Employees to authorize the deduction set forth herein. These deductions in pay shall continue for the term of the Agreement or until the City receives written notice from the Union regarding either a change in the contribution amount to Retiree’s Welfare Trust or the dissolution of the Retiree’s Welfare Trust. The City agrees to deduct $94.85 per month through payroll deduction of each employee covered by this Agreement and contribute to the Retiree’s Welfare Trust for the RWT-Plus plan for employees who were compensated for 80 hours or more during the preceding month. The City makes no representations regarding the validity or legality of the Retiree’s Welfare Trust, or the tax consequences relating to the contributions to the Retiree’s Welfare Trust, and takes no responsibility for establishing, implementing, overseeing, managing, or any other responsibilities for the Retiree’s Welfare Trust, other than making the contributions set forth above. The City will not have fiscal responsibility nor legal accountability for the Retirees’ Welfare Trust.
Retirees’ Welfare Trust. Effective June 1, 20182022, based on May hours, contribute the sum of $94.85 per employee per month for continued benefits under the "RWT PLUS PLAN." Monthly premiums required by the welfare trust, to maintain retiree coverage, greater than $94.85 per month shall be paid by the employee through wage diversion. Effective June 1, 20172022, based on May hours, the Port shall contribute the following for continued benefits under the Retirees Welfare Trust “RWT-PLUS PLAN”, and the Port shall reduce each member of the Bargaining Unit’s wages by an amount equal to one half (1/2) of the monthly premium per member. Effective June 1, 2018 2022 $94.85 Effective January 1, 2019 $94.85 Effective January 1, 2020 $TBD Effective January 1, 2021 $TBD Port of Seattle / Teamsters Local 117 Bus Drivers & Parking Service Revenue Representatives Collective Bargaining AgreementJune 1, 2018 to May 31, 2022 Formatted: Font: 7.5 pt, Bold Formatted: Body Text, Left, Space Before: 0.55 pt Formatted: Font: 11 pt ...
Retirees’ Welfare Trust. The port shall contribute the following for continued benefits under the “RWT Plus XL” plan: Effective January 1, 2021 $175 The Port shall continue to reduce each member of the Bargaining Units’ monthly wage to offset the monthly RWT-Plus XL Plan premium such that the Port pays the same amount that it contributed when bargaining unit members were enrolled in the "RWT Plus" plan—forty-seven dollars and forty-three cents ($47.43)—per month toward the monthly premium of each member enrolled in the Teamsters Retiree Welfare Trust Plus XL plan. The balance of the monthly premium rate will be paid by members of the bargaining group through monthly payroll deduction. The Port will be absolved and indemnified by Local 117 from any liability associated with the Teamsters Retiree Welfare Trust plan.
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