STU
CLRA · IUEC Elevator Local 125 (NL, 2012–2016 filed) · Article 15 · clause 15.01 · page 19 · 2012-2016 filed

Article 15

15.01

The Welfare Plan covering life insurance, sickness and accident benefit and hospitalization insurance or any changes thereto that are in accordance with the Canadian Elevator Industry Plan and Declaration of Trust, shall be a part of this Agreement and be adopted by all parties signatory thereto.

15.02

The Welfare Plan shall be financed by conh'ibutions by the Employers and the Elevator Constructor Mechanics and Helpers. The Employer agrees to pay and contribute the applicable hourly contribution for each hour of work performed by all Elevator Constructor Mechanics and Helpers in his employ, in accordance with the Contribution Schedule contained herein. Each Elevator Constructor Mechanic and Helper shall continue to pay and contribute one dollar and sixty eight cents ($1.68) per hoUl' worked. Payment of said contributions by the Employers and by the Elevator Constructor Mechanics and Helpers shall be in accordance with the Canadian Elevator Industry Welfare Plan and Declaration of Trust.

15.03

Provided that, if after the effective date of this Agreement, the Employer or employee contributions to the Welfare Plan, or any part thereof, are deemed by the Trustees of such Plan, after consultation with the Actuary, to be in excess of the amount required to finance such Plan, the Trustees shall recommend to the parties that such contributions or part thereof shall be re-allocated to the Pension Plan as an Employer or Employee contribution thereunder.

15.04

Employees who enter employment shall not be deemed eligible for coverage under the Plan of Benefits until they have: i) completed the probationary period of six (6) months (as set out in Article 10.03) and ii) accumulated and contributed and had contributions made on their behalf by the Employer(s) for a further nine hundred (900) hours 01' such other number of hours as the Trustees in their sole discretion may determine from time to time, in a nine (9) month period. WELFARE PLAN - EMPLOYER CONTRIBUTION - AMOUNT PER HOUR WORKED $l.18 - 18 - All contributions required by this Article shall be remitted by the Employer at the office of the Administrator effective at time of signing. The cutoff dates for each month shall be the week endings as advised by the Administrator.

15.05

The Union reserves the right to increase amounts of contributions to the funds from wages.

Not legal advice. Verify the cited article against the signed agreement.