EMPLOYER PAYMENTS INTO TRUST FUNDS Sample Clauses

EMPLOYER PAYMENTS INTO TRUST FUNDS. 81. Each Individual Employer signatory to, or otherwise bound by, this Agreement shall pay the sums per hour into the Trust Funds for each hour’s work assigned by the Employer to employees upon work covered by this Agreement in accordance with the schedules as set forth in Sections 69-72, and as updated as of each July 1, or as otherwise may be agreed upon between the Union and the Associations, and set forth in the wage and fringes schedules attached hereto as Appendix B. Neither any Employer Association nor any Individual Employer shall be liable for the payments due from any other Individual Employer under this Article X.
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EMPLOYER PAYMENTS INTO TRUST FUNDS. 60. Each Individual Employer signatory to, or otherwise bound by this Agreement, shall pay the following sums per hour into the Trust Funds named below for each hour worked (or paid) by each of their employees upon work covered by this Agreement:
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EMPLOYER PAYMENTS INTO TRUST FUNDS. Section 1. All payments and contributions for benefits provided pursuant to this Agreement shall be paid at the straight time rate, except that amounts paid to the Defined Contribution Plan shall be paid at the rates shown in Appendix C.
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EMPLOYER PAYMENTS INTO TRUST FUNDS. 151. All payments and contributions for benefits provided pursuant to this Agreement shall be paid at the straight time rate, except that amounts paid to the Defined Contribution Plan shall be paid at the rates shown in Appendix C. 152. Each Individual Employer shall pay all increases in the rates of contributions for benefits as may be subsequently agreed upon by the Union and the Association during the life of this Agreement. 153. Each Individual Employer shall file a monthly report with each Trust Fund on the form established by each Fund, showing hours worked and contributions due. If the Individual Employer has no employees during a particular month, such Individual Employer shall submit a monthly report stating that it had no employees during that month. Each such report shall be filled in properly and be signed by an owner, partner, or corporate officer of the Individual Employer, as the case may be.
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EMPLOYER PAYMENTS INTO TRUST FUNDS. 150. All payments and contributions for benefits provided pursuant to this Agreement shall be paid at the straight time rate, except that amounts paid to the Defined Contribution Plan shall be paid at the rates shown in Appendix C. 151. Each Individual Employer shall pay all increases in the rates of contributions for benefits as may be subsequently agreed upon by the Union and the Association during the life of this Agreement. 152. Each Individual Employer shall file a monthly report with each Trust Fund on the form established by each Fund, showing hours worked and contributions due. If the Individual Employer has no employees during a particular month, such Individual Employer shall submit a monthly report stating that it had no employees during that month. Each such report shall be filled in properly and be signed by an owner, partner, or corporate officer of the Individual Employer, as the case may be. 153. Payments to the Trust Funds shall be made in accordance with and in the manner provided for in the applicable Trust Agreements. All payments required to be made by Articles XIV through XXV of this Agreement shall be due and payable monthly on or before the twentieth (20th) day of the current month for all work performed in the preceding month. Any report deposited in the mail must be postmarked not later than the twentieth (20th) day of the month or it shall be deemed delinquent. Remittance checks not honored by the bank on the initial deposit by reason of “insufficient funds” shall be considered as non-payment and the Individual Employer shall be declared delinquent.
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Related to EMPLOYER PAYMENTS INTO TRUST FUNDS

  • TRUST FUNDS The Owner hereby gives power to the Agent to deposit all receipts collected for the Owner, less any sums properly deducted or disbursed, in a financial institution whose deposits are insured by an agency of the United States government. The funds shall be held in a trust account separate from the Agent’s personal accounts. The Agent shall not be liable in the event of a bankruptcy or failure of a financial institution. All funds managed under this section must be done so in accordance with applicable law.

  • What Forms of Distribution Are Available from a Xxxxxxxxx Education Savings Account Distributions may be made as a lump sum of the entire account, or distributions of a portion of the account may be made as requested.

  • Can I Roll Over or Transfer Amounts from Other IRAs or Employer Plans If properly executed, you are allowed to roll over a distribution from one Traditional IRA to another without tax penalty. Rollovers between Traditional IRAs may be made once every 12 months and must be accomplished within 60 days after the distribution. Beginning in 2015, just one 60 day rollover is allowed in any 12 month period, inclusive of all Traditional, Xxxx, SEP, and SIMPLE IRAs owned. Under certain conditions, you may roll over (tax-free) all or a portion of a distribution received from a qualified plan or tax-sheltered annuity in which you participate or in which your deceased spouse participated. In addition, you may also make a rollover contribution to your Traditional IRA from a qualified deferred compensation arrangement. Amounts from a Xxxx XXX may not be rolled over into a Traditional IRA. If you have a 401(k), Xxxx 401(k) or Xxxx 403(b) and you wish to rollover the assets into an IRA you must roll any designated Xxxx assets, or after tax assets, to a Xxxx XXX and roll the remaining plan assets to a Traditional IRA. In the event of your death, the designated beneficiary of your 401(k) Plan may have the opportunity to rollover proceeds from that Plan into a Beneficiary IRA account. In general, strict limitations apply to rollovers, and you should seek competent advice in order to comply with all of the rules governing rollovers. Most distributions from qualified retirement plans will be subject to a 20% withholding requirement. The 20% withholding can be avoided by electing a “direct rollover” of the distribution to a Traditional IRA or to certain other types of retirement plans. You should receive more information regarding these withholding rules and whether your distribution can be transferred to a Traditional IRA from the plan administrator prior to receiving your distribution.

  • Treatment of Passthru Payments and Gross Proceeds The Parties are committed to work together, along with Partner Jurisdictions, to develop a practical and effective alternative approach to achieve the policy objectives of foreign passthru payment and gross proceeds withholding that minimizes burden.

  • Rollover Contributions and Transfers The Custodian shall have the right to receive rollover contributions and to receive direct transfers from other custodians or trustees. All contributions must be made in cash or check.

  • Trust Fund The Buyer is a trust fund whose trustee is a bank or trust company and whose participants are exclusively (a) plans established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees, or (b) employee benefit plans within the meaning of Title I of the Employee Retirement Income Security Act of 1974, but is not a trust fund that includes as participants individual retirement accounts or H.R. 10 plans.

  • Payment of Contributions The College and eligible academic staff members shall each contribute one-half of the contributions to the Academic and Administrative Pension Plan.

  • Pension Trust Fund Contingent upon the Fund being jointly and equally trusteed, the Employer shall contribute to the International Union of Operating Engineers Local 870 Pension Trust Fund in accordance with the attached Appendix A and forming part of this Agreement.

  • Application of Trust Funds (a) On each Payment Date, the Paying Agent will distribute to Certificateholders, on the basis of the Percentage Interest evidenced by their Trust Certificates, amounts deposited in the Certificate Distribution Account pursuant to Section 4.06 of the Sale and Servicing Agreement with respect to such Payment Date.

  • Xxxx Individual Retirement Custodial Account The following constitutes an agreement establishing a Xxxx XXX (under Section 408A of the Internal Revenue Code) between the depositor and the Custodian.

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