WELFARE PENSION AND MASONRY PROMOTION FUND
16.01
- Welfare Fund The Employer shall contribute two dollars and forty-five cents ($2.45) per hour worked for commercial and two dollars and forty-five cents ($2.45) per hour earned for industrial to the Bricklayers Union Local 1 at address 631 Conception Bay Highway, CBS, NL A1X 7L4 before the fifteenth day of the month following the month worked. The Union has the right to change this amount on the first of May in each year; changes will be reflected in the base rate and the total pay package adjusted accordingly.
16.02
A- Pension Fund The Employer shall make the following contributions to the Pension Fund on behalf of each employee employed: - one dollar and fifty cents ($1.50) per hour worked for commercial work and four dollars and fifty cents ($4.50) per hour earned for industrial work. The Employer shall remit the aforementioned contribution to the Bricklayers Union Local 1 at address 631 Conception Bay Highway, CBS, NL A1X 7L4 before the fifteenth (15%) day of the month following the month worked. B Amounts remitted by the employer on account of employees after the end of the calendar year in which the employees attain 71 years of age, or who are in receipt of a pension from the Pension Fund shall be distributed to such employees, less applicable tax and statutory deductions. CLRA and Bricklayers Local No. 1 Collective Agreement 2022-2027 Page 14
16.03
(A) - I.M.I/ Promotion Fund The employer shall make the following contributions to the I.M.I. / Promotion Fund on behalf of each employee employed: - Commercial Work: thirty cents ($0.30) per hour worked - Industrial Work: _ forty-five cents ($0.45) per hour worked Payment of which shall be made to the Bricklayers Union Local 1 at address 631 Conception Bay Highway, CBS, NL A1X 7L4 by the fifteenth day of the month following the month worked. (B) -Member Family Assistance Program (MFAP The Employer shall contribute ten cents ($0.10) per hour worked to the Member Family Assistance Program. Payment of which shall be made to the MFAP Fund and remitted to 80 Mews Place, St. John’s NL A1B 4M3.
16.04
- Industry Fund The Employer shall remit upon signing of this Agreement sixty cents ($0.60) per hour worked for all ongoing work to the Newfoundland Construction Industry Fund; thirty cents ($0.30) to the CLRA and thirty cents ($0.30) to the NLBCTC. Such monies shall be remitted not later than the fifteenth (15th) day of the month following the month worked. The monies shall be remitted to the Bricklayers Union Local 1 at address 631 Conception Bay Highway, CBS, NL A1X 74. HST of 15% is applicable on the $0.30 remitted to the CLRA, and the HST portion only shall be mailed separately to the CLRA at 69 Mews Place, St. John’s, NL A1B 4N2 with supporting documentation.
16.05
- Market Recovery Stabilization Fund The Employer shall remit one dollar ($1.00) per hour worked for each employee covered under this Agreement to the CLRA/Local No. 1 Market Recovery Stabilization Fund. Payment shall be made in trust no later than fifteen (15) days after the termination of the calendar month to the Administrator (appointed by the related parties of this Agreement) of the Fund accompanied by a statement of names, hours worked, and amount for each employee during such calendar month. Employers who are delinquent for forty-five (45) calendar days or more will be assessed a penalty payment of (15%) fifteen percent for all hours owing. This penalty payment shall be payable to the Fund. This Fund will be jointly administered under a Terms of Reference as mutually agreed in the CLRA/Local No.1 Market Recovery Stabilization Agreement and Declaration of Trust.
16.06
The Trustees have the right to make adjustments to Articies 16:01, 16:02, 16:03(A), 16:03(B) and 16:05 on the first of May in each year. Changes shall be reflected in the base and the total package adjusted accordingly subject to thirty (30) day prior notification to the CLRA and the Employer. CLRA and Bricklayers Local No. 1 Collective Agreement 2022-2027 Page 15 ©
Not legal advice. Verify the cited article against the signed agreement.