Common use of WELFARE TRUST FUND Clause in Contracts

WELFARE TRUST FUND. A. An Employer, being signatory to this agreement, hereby covenants and agrees to be bound by all terms of the Trust Agreement governing the Ironworkers (Manitoba) Local Union 728 Central Welfare Trust Fund dated the 15th day of October 1970 and all amendments thereto. Effective May 1, 2023, the Employer shall contribute two dollars ($2.00) for every hour worked by each employee covered by this Agreement. Effective May 1, 2024, the Employer shall contribute two dollars and five cents ($2.05) for every hour worked by each employee covered by this Agreement. Such contributions shall be forwarded to the Ironworkers (Manitoba) Local Union 728 Central Welfare Trust Fund by the 15th day of the month following the month in which the hours were worked. B. It will not be a violation of this Agreement if the supply of labour is withheld due to non- payment of Welfare contributions by the Employer. C. If any Employer shall fail to remit payments required to be made pursuant to the terms of this Collective Agreement and as stipulated within the most current stated Ironworkers Central Health and Benefit Trust Fund (Manitoba) Trust Agreement, between the Union and the

WELFARE TRUST FUND. A. An Employer, being signatory to this agreementAgreement, hereby covenants and agrees to be bound by all terms of the Trust Agreement governing the Ironworkers (Manitoba) Local Union 728 Central Welfare Trust Fund dated the 15th day of October October, 1970 and all amendments thereto. Effective May 1, 20232022, the Employer shall contribute two dollars one dollar and ninety-six cents ($2.001.96) for every hour worked by each employee covered by this Agreement. Effective May 1, 20242023, the Employer shall contribute two dollars and five cents ($2.052.00) for every hour worked by each employee covered by this Agreement. Such contributions shall be forwarded to the Ironworkers (Manitoba) Local Union 728 Central Welfare Trust Fund by the 15th day of the month following the month in which the hours were worked. B. It will not be a violation of this Agreement if the supply of labour is withheld due to non- payment of Welfare contributions by the Employer. C. If any Employer shall fail to remit payments required to be made pursuant to the terms of this Collective Agreement and as stipulated within the most current stated Ironworkers Central Health and Benefit Trust Fund (Manitoba) Trust Agreement, between the Union and thethe C.L.R.A.M.