Common use of Vacation Fund Clause in Contracts

Vacation Fund. If an eligible employee so elects, the Employer shall deduct, as per Section 6.04, for employee subject to this Agreement as a vacation allowance, of ten (10) percent of their gross wages. This authorization shall be allowed once a year on July 1. This shall apply to all Journeymen and apprentice classifications on the basis of their gross wages.

Appears in 3 contracts

Sources: Inside Construction Agreement, Construction Agreement, Construction Agreement