Common use of Working Assessment Clause in Contracts

Working Assessment. The contractor or Employer shall deduct from the pay of each employee covered by this Agreement an hourly working assessment for each hour paid in whatever sum is established by the Union upon the written authorization of the employee to such effect. This assessment will be collected weekly and paid monthly to the Pension Fund, also known as the Fund Disbursement Office, as the collection agent. If the Union Membership changes the amount of the working assessment, a notification by registered mail will be submitted in writing to the Associated Steel Erectors of Chicago, sixty (60) days prior to the date of change.