Local Pension Sample Clauses

Local Pension. (a) Employer agrees to be bound by the Agreement and Declaration of Trust entered into June 1, 1972, establishing the NECA-IBEW Pension Trust Fund and by any amendments to said Trust Agreement.
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Local Pension. Employees working under this agreement will be allowed to participate in the local pension program which is provided for journeyman electricians in the local union jurisdiction from which they have their membership, but the contribution rate shall be as follows: Apprentice Technician The same percentages (%) as wages of the journeyman technician, paid per hour worked, contributed by the employer. Installer NO CONTRIBUTION IBEW Local Union #13 Effective 12/02/09, the contribution shall be $2.25 per hour worked, contributed by the employer for Xxxxxxx and Journeyman Technician. IBEW Local Union #231 Effective 12/03/09, the contribution shall be $2.64 per hour worked, contributed by the employer for Xxxxxxx and Journeyman Technician. IBEW Local Union #288 Effective 12/02/09, the contribution shall be $2.58 per hour worked, contributed by the employer for Xxxxxxx and Journeyman Technician. IBEW Local Union #347 Effective 12/01/09, the contribution shall be $2.45 per hour worked, contributed by the employer for Xxxxxxx and Journeyman Technician. IBEW Local Union #405 Effective 12/02/09, the contribution shall be $2.45 per hour worked, contributed by the employer for Xxxxxxx and Journeyman Technician. IBEW Local Union #704 Effective 12/01/09, the contribution shall be $2.25 per hour worked, contributed by the employer for Xxxxxxx and Journeyman Technician.
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Local Pension. 29.1 During the continuance of this collective bargaining agreement, the Employer shall pay into the Central Pension Fund of the International Union of Operating Engineers and Participating Employers, on the account of each member of the bargaining unit, an hourly sum for every hour for which compensation was paid. The purpose of said payments shall be to provide retirement benefits for eligible employees pursuant to the provisions of said Pension Fund. The stipulated amount of any said sum is defined and set forth on the following basis:
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Local Pension. Upon completion of 4,000 hours of documented work experience and successful completion of training requirements as established by the local JATC. Contributions to the following funds are required at all program levels: Apprenticeship & Training 2.1% Apprenticeship Coordinator .5% Administrative Fund .4% LMCC Fund .275% NEIF Fund .7% (NEIF applies to NECA members only) No new Construction Wiremen or Construction Electricians will be hired when more than 5% of all Inside Apprentices are continually unemployed. Continually unemployed is defined as unemployed and available for employment for thirty (30) consecutive days. CW advancement based on hours only. CE advancement based on skill and hours, pending criteria established by the JATC.
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Local Pension. If the m ajority o f bargaining unit members vote to do so, the College w ill divert an agreed upon am ount of th e ir hourly wages to the Central Pension Fund o f th e International Union of Operating Engineers and Participating Employers for each member of the bargaining unit for which compensation was paid. The purpose of said payments shall be to provide retirem ent benefits for eligible employees pursuant to the provisions of said Pension Fund.
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Local Pension. Subsection (a) For employees working under the Agreement the Employer shall contribute $1.50 for each hour worked to the Money Purchase Plan of the Alameda County Electrical Workers Pension Fund. By executing an Assent to this Agreement the Employer also agrees to be bound to the Alameda County Electrical Workers Pension Trust Agreement.
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Local Pension. During the continuance o f this collective bargaining agreem ent, the Employer shall pay into the Central Pension Fund of the International Union of Operating Engineers and Participating Employers, on the account of each member of the bargaining unit, an hourly sum for every hour fo r which compensation was paid. The purpose of said payments shall be to provide retirem ent benefits for eligible employees pursuant to the provisions o f said Pension Fund. The stipulated am ount of any said sum is defined and set forth on the following basis: Effective July 1, 2006, an hourly sum of one dollar ($1.00) per compensable hour for all bargaining unit employees w ill be deducted from the employee's hourly rate of pay and contributed Central Pension Fund.
Sample 1
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Related to Local Pension

  • Defined Benefit Pension Plan 1. The Employer and the Union hereby agree to the continuation of the existing Northern California Glaziers, Architectural Metal and Glass Workers Pension Trust Agreement ("Defined Benefit Pension Trust").

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

  • Beneficiary Rollovers from Employer-Sponsored Retirement Plans If you are a spouse Beneficiary, nonspouse Beneficiary, or the trustee of an eligible type of trust named as Beneficiary of a deceased employer plan participant, you may directly roll over inherited assets from a qualified retirement plan, 403(a) annuity, 403(b) tax-sheltered annuity, or 457(b) governmental deferred compensation plan to an inherited IRA. The IRA must be maintained as an inherited IRA, subject to the beneficiary distribution requirements.

  • Dental Benefit (1) A confirmed staff shall be eligible for reimbursement of expenses incurred for restorative and preventive dental treatment up to $150 per calendar year.

  • Retirement and Pension Account A retirement or pension account maintained in Singapore that satisfies the following requirements under the laws of Singapore.

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.

  • Public Benefit It is Reaction Retail’s understanding that the commitments it has agreed to herein, and actions to be taken by Reaction Retail under this Settlement Agreement, would confer a significant benefit to the general public, as set forth in Code of Civil Procedure § 1021.5 and Cal. Admin. Code tit. 11, § 3201. As such, it is the intent of Reaction Retail that to the extent any other private party initiates an action alleging a violation of Proposition 65 with respect to Reaction Retail’s failure to provide a warning concerning exposure to DEHP prior to use of the Products it has manufactured, distributed, sold, or offered for sale in California, or will manufacture, distribute, sell, or offer for sale in California, such private party action would not confer a significant benefit on the general public as to those Products addressed in this Settlement Agreement, provided that Reaction Retail is in material compliance with this Settlement Agreement.

  • Oregon Public Service Retirement Plan Pension Program Members For purposes of this Section 2, “employee” means an employee who is employed by the State on or after August 29, 2003 and who is not eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • Pension Contributions 19.2.3.1 Unless required by law to commence receiving a pension prior to the Member’s actual retirement date (i.e., currently December 31 of the year in which the Member attains age sixty-nine (69)) the Member who postponed retirement beyond his or her TRD will continue to make pension contributions.

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