Pension Trust Fund. Each Employer subject hereto shall contribute the amount established in the respective wage schedule for each and every hour worked by an Employee covered by this Agreement to the International Union of Operating Engineers Local 870 Pension Trust Fund, X.X. Xxx 0000, Xxxxxxxxx, XX, X0X 0X0. Contributions to the Pension Trust Fund on behalf of an Indentured or Unindentured Apprentice shall be calculated on the basis of 18% of the Apprentice's gross wage rate (basic wage rate + 4.5% statutory holiday pay + 6% vacation pay) but in any case shall not exceed the contribution amounts above.
Appears in 5 contracts
Samples: Operating Engineers’ Agreement, Operating Engineers’ Agreement, Operating Engineers’ Agreement
Pension Trust Fund. Each Employer subject hereto shall contribute the amount established in the respective wage schedule for each and every hour worked earned by an Employee covered by this Agreement to the International Union of Operating Engineers Local 870 Pension Trust Fund, X.X. Xxx 0000, Xxxxxxxxx, XX, X0X 0X0. Contributions to the Pension Trust Fund on behalf of an Indentured or Unindentured Apprentice shall be calculated on the basis of 18% of the Apprentice's gross wage rate (basic wage rate + 4.5% statutory holiday pay + 6% vacation pay) but in any case shall not exceed the contribution amounts above.
Appears in 4 contracts
Samples: Operating Engineers’ Agreement, Operating Engineers’ Agreement, Operating Engineers’ Agreement
