Common use of TRAINING CENTRE TRUST FUND Clause in Contracts

TRAINING CENTRE TRUST FUND. 20.01 Effective July 4, 2004, the Employer shall remit to the Training Centre Trust Fund the sum of thirty-five cents ($0.35) for each hour worked by each employee. Thirty cents ($0.30) of this amount shall be remitted to the Ontario Painters and Decorators Training Centre Trust Fund (OPDTCTF) and five cents ($0.05) shall be remitted to the International Joint Painting, Decorating, Drywall Apprenticeship and Manpower Training Fund (IJMTF).

TRAINING CENTRE TRUST FUND. 20.01 Effective July 4, 2004, the The Employer shall remit contribute to the Training Centre Trust Fund the sum Fund, comprised of thirty-five cents ($0.35) for each hour worked by each employee. Thirty cents ($0.30) of this amount shall be remitted to the Ontario Painters and Decorators Training Centre Trust Fund (OPDTCTF) and five cents the Finishing Trades Institute (FTI) for each hour worked by each employee covered by the Agreement the amounts listed below in accordance with the schedule listed below: Effective Date TOTAL OPDTCTF FTI May 1, 2012 $0.05) shall be remitted to the International Joint Painting0.40 $0.30 $0.10 July 5, Decorating2013 $0.42 $0.32 $0.10 May 1, Drywall Apprenticeship and Manpower Training Fund (IJMTF).2014 $0.44 $0.34 $0.10 May 1, 2015 $0.47 $0.37 $0.10