Western Conference of Teamsters Pension Trust. 11.01 Effective August 1, 2002, tThe Employer shall contribute two dollars forty cents ($2.40) plus the increases outlined in Article 34 of the NMUPSA, and Article 30 of the Western Region of Teamsters United Parcel Service Supplemental Agreement for each hour of compensation earned by each employee during a given month (up to a maximum of two thou- sand eighty [2080] hours per calendar year), to the Western Conference of Teamsters Pension Trust Fund, for the purpose of providing a pension plan for the employees. The details of the plan will be determined by the Board of Trustees of the Western Conference of Teamsters Pension Trust Fund in accordance with WEST-959 the Trust Agreement of April 26, 1955, which created the Trust Fund. The Employer and the Union agree to be bound by said Trust Agreement and all lawful amendments thereto, and do fur- ther agree to accept as their representatives the employer-trustees and the union-trustees who constitute the Board of Trustees of said Trust Fund and their lawful successors. For probationary employees hired on or after August 1, 2002, the Employer shall pay an hourly contribution rate of ten cents ($0.10) (including $0.01 for PEER 84 for part- time employees), during the probationary period as defined in Article 4, Section 1, of the WRT/UPS Agreement, but in no case for a period longer than the first ninety (90) calendar days from an employee’s first date of hire. If and when this period is completed, the full xxxx- dard contribution rate shall apply.
Western Conference of Teamsters Pension Trust. The Employer agrees to 18 continue to pay into the Western Conference of Teamsters Pension Trust (WCTPT) twenty five cents 19 (25¢) per compensated hour on behalf of each bargaining unit member who completes or has 20 completed two (2) or more years of service in the PAO. The PAO will continue to deduct twenty five 21 cents ($0.25) per hour from the wages of each eligible employee and pay that money into the 22 WCTPT for the employee's first two years of qualifying employment with the PAO. If state or 23 federal law requires the PAO to deduct from or make payments with respect to the contributions 24 required hereunder, such contributions shall be reduced accordingly. To this end, the parties agree to 25 execute such documents effectuating this undertaking as may be necessary to give force and effect to 26 the PAO’s agreement herein.
Western Conference of Teamsters Pension Trust. 11.01 Effective August 1, 2002, the Employer shall contribute two dollars forty cents ($2.40) plus the increases outlined in Article 34 of the NMUPSA, and Article 30 of the Western Region of Teamsters United Parcel Service Supplemental Agreement for each hour of compensation earned by each employee during a given month (up to a maximum of two thousand eighty [2080] hours per calendar year), to the Western Conference of Teamsters Pension Trust Fund, for the purpose of providing a pension plan for the employees. The details of the plan will be determined by the Board of Trustees of the Western Conference of Teamsters Pension Trust Fund in accordance with the Trust Agreement of April 26, 1955, which created the Trust Fund. The Employer and the Union agree to be bound by said Trust Agreement and all lawful amendments thereto, and do further agree to accept as their representatives the employer-trustees and the union-trustees who constitute the Board of Trustees of said Trust Fund and their lawful successors. For probationary employees hired on or after August 1, 2002, the Employer shall pay an hourly contribution rate of ten cents ($0.10) (including $0.01 for PEER 84 for part-time employees), during the probationary period as defined in Article 4, Section 1, of the WRT/UPS Agreement, but in no case for a period longer than the first ninety (90) calendar days from an employee’s first date of hire. If and when this period is completed, the full standard contribution rate shall apply.
Western Conference of Teamsters Pension Trust. 12.01 Effective August 1, 2002, the Employer shall contribute three dollars ninety cents ($3.90) for each hour of compensation earned by each employee during a given month (up to a maximum of two thousand eighty [2080] hours per calendar year), to the Western Conference of Teamsters Pension Trust Fund, for the purpose of providing a pension plan for the employees. The details of the plan will be determined by the Board of Trustees of the Western Conference of Teamsters Pension Trust Fund in accordance with the Trust Agreement of April 26, 1955, which created the Trust Fund. The Employer and the Union agree to be bound by said Trust Agreement and all lawful amendments thereto, and do further agree to accept as their representatives the employer-trustees and the union-trustees who constitute the Board of Trustees of said Trust Fund and their lawful successors.
Western Conference of Teamsters Pension Trust. Effective July 1, 2018, the Port shall pay the basic rate of $1.42 to the Western Conference of Teamsters Pension Trust Fund on account of each of its employees who perform the work listed under the classifications and wage section of this Agreement for every straight time hour for which compensation is paid, said amount to be computed monthly, provided that the maximum annual contribution shall be limited to 2,080 hours. The contributions shall be due and payable to the area administrative office no later than twenty (20) days after the end of each month. In the event the Employer fails to make the monetary contribution in conformity with this Article of the Agreement, the Trustees shall be free to take any action which is necessary to effect collections, and the Employer shall pay all costs of collections, including reasonable attorney fees. For the purposes of this Article covered hours shall include the following compensable hours: Paid Time Off (PTO), sick leave, holidays, compensatory time taken, and bereavement leave shall all be considered compensable time paid. If an employee covered by this Agreement participates in the Port's internal internship program as outlined in Article 8 of this Agreement, hours worked as an intern will be considered compensatory for calculation of pension contributions.
Western Conference of Teamsters Pension Trust. Effective April 1, 2016, the Employer shall pay each month into the Western Conference of Teamsters Pension Trust on account of each member of the bargaining unit, for each compensable hour that is paid to them. Pay Band Contribution Rate A13 $0.15 B24/B31 $1.00 B25/B32 $1.00 C43 $1.00 C45/C52 $1.00
Western Conference of Teamsters Pension Trust. 8 20.1 Contributions: As soon as practicable following the ratification of this agreement by 9 the Metropolitan King County Council, the County shall pay $2.50 (two dollars and fifty cents) to the 10 Western Conference of Teamsters Pension Trust Fund on account of each member of the bargaining 11 unit for every hour for which compensation was paid, said amounts to be computed monthly. The 12 County will comply with the Uniformed Services Employment and Re-employment Rights Act 13 (USERRA) of 1994 in defining eligibility and establishing contribution rates for employees who are 14 eligible for pension contributions while absent from employment because of active military service.
Western Conference of Teamsters Pension Trust. During the term of this Agreement, the District and the Union agree to participate in a comprehensive study of the costs if any and benefits for the drivers to participate in the Teamsters Pension as a supplemental retirement plan.
Western Conference of Teamsters Pension Trust. Effective July 1, 201815, the Port shall pay the basic rate of $1.421.35 to the Western Conference of Teamsters Pension Trust Fund on account of each of its employees who perform the work listed under the classifications and wage section of this Agreement for every straight time hour for which compensation is paid, said amount to be computed monthly, provided that the maximum annual contribution shall be limited to 2,080 hours. Effective January 1, 2016, the Port shall pay the basic rate of $1.42 to the Western Conference of Teamsters Pension Trust Fund as outlined above. The contributions shall be due and payable to the area administrative office no later than twenty (20) days after the end of each month. In the event the Employer fails to make the monetary contribution in conformity with this Article of the Agreement, the Trustees shall be free to take any action which is necessary to effect collections, and the Employer shall pay all costs of collections, including reasonable attorney fees. For the purposes of this Article covered hours shall include the following compensable hours: Paid Time Off (PTO), Extended Illness (EI) Sick leave, holidays, compensatory time taken and bereavement leave shall all be considered compensable time paid. If an employee covered by this Agreement participates in the Port’s internal internship program as outlined in Article 8 of this Agreement, hours worked as an intern will be considered compensatory for calculation of pension contributions.
Western Conference of Teamsters Pension Trust. The bargaining unit may, during the term of this Agreement, as a bargaining unit, elect to take part in the Western Conference of Teamsters Pension Trust. Contributions will be by payroll diversion based on all paid hours and will be uniform by classification. To implement Teamsters Pension, the Union and the Employer agree that the minimum hourly contribution is twenty-five cents ($0.25). Additionally, the Union agrees to notify the Employer by October 1st of each year for a January 1st effective date.
