WELFARE PLAN. Section 1: The Plan There shall be a Welfare Plan pursuant to the terms and conditions of Exhibit "C", which is attached hereto and forms part of this Agreement. Membership in the Plan for all eligible employees shall be a condition of employment on and after July 1, 1973.
WELFARE PLAN. 16.01 The Welfare Plan covering life insurance, sickness and accident benefit and hospitalization insurance or any changes thereto that are in accordance with the Canadian Elevator Industry Plan and Declaration of Trust, shall be a part of this Agreement and be adopted by all parties signatory thereto.
WELFARE PLAN. 12.01 – The Corporation will contribute one hundred per cent (100%) of the cost of the Employer Health Tax and one hundred per cent (100%) of the cost of the Green Shield supplementary coverage for semi-private hospital accommodation, if desired by the employee, for each Fire Fighter and his/her dependents as defined by the plans.
WELFARE PLAN. 17.01 The Company will provide a Welfare Plan and a Pension Plan for its employees, the particulars of which, are set out in policies and other documents carrying such plans, and the details shall be summarized in the printed Agreement booklet following the signature page. The employee’s share of any Employment Insurance Premium Rebate will be retained by the Company to offset a portion of the cost of benefit improvements contained in this Agreement. Uniform Supply
WELFARE PLAN. Each “employee welfare plan” as defined in ERISA section 3(1), including medical reimbursement benefits provided under a Fringe Benefit Plan subject to Code section 125 and health reimbursement arrangements. The term “Welfare Plan” includes an “employee welfare plan” which is subject to an exemption under ERISA. The term “Welfare Plan” shall include any terminated “employee welfare plan” previously maintained, sponsored, or contributed to by the Company or any ERISA Affiliate which, as of the date of this Agreement, has not distributed all of its assets or satisfied all of its Liabilities.
WELFARE PLAN. 20.01 The Company agrees to supply a self-directed RRSP based on unlimited contributions by the employee on the following basis: The Company will contribute a 60% match to a maximum of 10% of contributions made by the employee based on the employee’s gross wages (i.e. the maximum annual contribution made by the Company would equal 6% of the employee’s gross wages if the employee contributed 10% or more of their gross wages). This is to be applied as written for all employees.
WELFARE PLAN. Welfare Plan" shall mean any "employee welfare benefit plan" as defined in Section 3(1) of ERISA, (A) which the Company, any Subsidiary or any ERISA Affiliate maintains, administers, contributes to or is required to contribute to, or under which the Company, any Subsidiary or any ERISA Affiliate may incur any liability and (B) which covers any employee or former employee of the Company, any Subsidiary or any ERISA Affiliate (with respect to their relationship with such entities).
WELFARE PLAN. 27.01 Effective May 1, 2018 the Employers on behalf of the Employees covered by this Agreement, agree to pay into the International Union of Painters and Allied Trades, Province of Ontario Health and Welfare Trust Fund, contributions in the amount of three dollars and thirty-three cents ($3.33) for every hour worked. Effective May 1, 2020 the contribution rate will be three dollars and forty-eight cents ($3.48) for every hour worked. Effective May 1, 2021 and for the balance of the life of this Agreement, the contribution rate will be three dollars and fifty-eight cents ($3.58) for every hour worked.