Movement of Monies. There shall be allowed a one time annual movement of monies from wages to the defined benefit plan and/or the defined contribution plan of the Alaska Electrical Pension Fund (AEPF) with stipulations that any such movement must require a simple majority vote of the affected employees covered by this Agreement by secret ballot conducted by the IBEW and provided, further, such transfer will not reduce the defined benefits contribution rate below the specified rate per compensable hour under Article 6.3, below.
Appears in 2 contracts
Sources: Employment Agreement, Employment Agreement