STU
CLRA · IUEC Elevator Local 125 (NL, 2012–2016 filed) · Article 17 · page 21 · 2012-2016 filed

Article 17

17.02

The Board of Trustees shall have full authority and discretion to adopt an Agreement and Declaration of Trust and an educational and o'aining program which shall become part of this Agreement and binding on all parties signatory to this Agreement.

17.01

The parties to this Agreement do hereby agree to maintain an Educational Trust Fund to be administered by a Board of six (6) Trustees; th~'ee (3) appointed by the Employers and three (3) appointed by the International Union of Elevator Constructors. The Educational Trust Fund shall be known as the "Canadian Elevator Industry Educational Pwgram" and shall pwvide a pwgram for educating and o'aining Elevator Constructor Mechanics and Helpers.

17.03

The "Canadian Elevator Induso-y Educational Program" shall be financed by contributions by the Employers and the Elevator Conso'uctor 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 and in accordance with the terms of the Declaration of Trust adopted by the Board of Trustees. Each Elevator Constructor Mechanic and Helper shall continue to pay and contribute twenty two and a half cents ($.225) per hour worked. EMPLOYER CONTRIBUTION - AMOUNT PER HOUR WORKED $0.31

17.04

All contributions required by this Article shall be remitted by the Employer at the office of the Administrator effective at time of signing. These amounts are over and above any wage settlement and are not to be deducted from any monetary package, - 20 - The cutoff dates for each month shall be the week endings as advised by the Administrator.

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