EDUCATIONAL TRAINING FUND

The Employer shall contribute an amount, in cents-per-hour in accordance with the Wage and Benefit Schedule as set out in the Appendix attached hereto, to the Educational Training Fund for all hours earned, including waiting and reporting time, by all employees covered by this Agreement. Contributions on all overtime hours shall be calculated at the applicable overtime rate (i.e. 1 ½ or 2).

The above contributions shall be forwarded monthly to the Business Manager/Secretary-Treasurer of the Local Lodge in whose jurisdiction the work is being performed. The contributions must be accompanied by a report showing each employee's name, social insurance number, hours worked, and amount of contribution.

The Educational Training Fund and programs are to be administered and controlled by a Board of Trustees consisting of an equal number of Employer Representatives and Union Representatives, for the Local Lodge as per the established jointly trusteed Trust Documents.

The Parties acknowledge the formation of a Jointly Trusteed National Apprenticeship and Educational Training Fund (NTTF) Committee who will act in a coordinating capacity to assist the Local Lodge Educational Training Fund trustees. The Parties agree to abide by the Articles of the Agreement and Declaration of Trust for the Boilermakers’ Educational Training Trust Fund for the Province of Newfoundland and Labrador dated April 20, 2017. The Employer shall contribute an amount, in cents-per-hour, in accordance with the Wage and Benefit Schedule, as set out in the Appendix attached hereto, for every hour worked, including waiting and reporting time, by its employees covered under this Agreement; such monies to be used to defray costs involved and incurred operating a jointly trusteed National Training Program. Contributions on all overtime hours shall be calculated at the applicable overtime rate (i.e. 1 ½ or 2).