Tool and Tool Insurance Allowance Sample Clauses

The Tool and Tool Insurance Allowance clause establishes the employer's obligation to provide compensation or reimbursement for tools and related insurance required for the performance of work. Typically, this clause specifies which tools are covered, the amount or method of allowance, and whether the worker must provide proof of insurance or purchase. Its core function is to ensure that employees are not financially burdened by the need to supply and insure their own tools, thereby promoting fairness and clarity in the allocation of such costs.
Tool and Tool Insurance Allowance. (1) (i) Effective July 16th, 2019, the Employer agrees to pay a Tool and Tool Insurance Allowance of FOUR HUNDRED AND SIXTY DOLLARS AND TWENTY CENTS ($460.20) per annum (calendar year) to each of Permanent Full Time Employee permanently classified as: Body Shop Lead Hand, Licenced Electrician, Auto Body Repairer, Licenced Welder/Fitter/Fabricator, Plants Serviceperson, Maintenance Operator (Electrician/Instrument Technician), Instrument Technician, Maintenance Operator (Mechanical) and Maintenace Operator (Diesel). Effective April 1st, 2020, this Allowance will be increased to FOUR HUNDRED AND SIXTY-EIGHT DOLLARS AND TWO CENTS ($468.02) per annum (calendar year). Effective April 1st, 2021, this amount will increase to FOUR HUNDRED AND SEVENTY-FIVE DOLLARS AND FIFTY-ONE CENTS ($475.51) per annum (calendar year). Effective April 1st, 2022, this amount will increase to FOUR HUNDRED AND EIGHTY-TWO DOLLARS AND SIXTY-FOUR CENTS ($482.64) per annum (calendar year).
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Tool and Tool Insurance Allowance. (1) (i) Effective April 1st, 2010 the Employer agrees to pay a Tool and Tool Insurance Allowance of THREE HUNDRED AND NINETY FOUR DOLLARS AND NINETY EIGHT CENTS ($394.98) per annum (calendar year) to each of Permanent Full Time Employee permanently classified as: Body Shop Lead Hand, Licenced Electrician, Auto Body Repairer, Licenced Welder, Plants Serviceperson. Effective April 1st, 2011, this Allowance will be increased to FOUR HUNDRED AND FOUR DOLLARS AND FORTY SIX CENTS ($404.46) per annum (calendar year). Effective April 1st, 2012, this Allowance will be increased to FOUR HUNDRED AND THIRTEEN DOLLARS AND SEVENTY SIX CENTS ($413.76) per annum (calendar year). 29:07(1)(ii) Effective April 1st, 2010 the Employer agrees to pay a Tool and Tool Insurance Allowance of FOUR HUNDRED AND TWELVE DOLLARS AND NINETY THREE CENTS ($412.93) per annum (calendar year) to Permanent Full Time Technicians and Technician Lead Hands. Effective April 1st, 2011, this Allowance will be increased to FOUR HUNDRED AND TWENTY TWO DOLLARS AND EIGHTY FOUR CENTS ($422.84) (calendar year). Effective April 1st, 2012, this Allowance will be increased to FOUR HUNDRED AND THIRTY TWO DOLLARS AND FIFTY SEVEN CENTS ($432.57) (calendar year). 29:07(1)(iii) Effective April 1st, 2010 the Employer agrees to pay a Tool and Tool Insurance Allowance of THREE HUNDRED AND ELEVEN DOLLARS AND TWENTY CENTS ($311.20) per annum (calendar year) to Permanent Full Time Technician Helpers, Small Engine Mechanic/Technician Helper - Infrastructure, Parks Small Engine Mechanic and Apprentice Technicians. Effective April 1st, 2011, this Allowance will be increased to THREE HUNDRED AND EIGHTEEN DOLLARS AND SIXTY SEVEN CENTS ($318.67) (calendar year). Effective April 1st, 2012, this Tool Allowance will be increased to THREE HUNDRED AND TWENTY SIX DOLLARS ($326.00) (calendar year). (2) The same Allowance as outlined in Article 29:07(1) shall be paid to each Employer sponsored Apprentice Technician on receipt of his/her provincial accreditation as a Technician. The first payment shall be paid within one (1) month of receipt by the Employer of the Employee's provincial accreditation (licencing). Subsequently, annual payments will be paid in the second pay period in January of each subsequent calendar year the Employee is engaged Full Time in a Technician's rate.
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Tool and Tool Insurance Allowance. (i) Effective April 1st, 2002 (the second pay day each year), the Employer agrees to pay a Tool and Tool Insurance Allowance of THREE HUNDRED AND TWENTY ($320.00) DOLLARS per annum (calendar year) to each of Permanent Full Time Employee permanently classified as: Body Shop Lead Hand, Licenced Electrician, Auto Body Repairer, Licenced Welder, Plants Serviceperson, Lead Hand (▇▇▇▇▇▇▇▇▇ Shop). Effective April 1st, 2003, this Allowance will be increased to THREE HUNDRED AND TWENTY-FIVE ($325.00) DOLLARS per annum (calendar year). Effective April 1st, 2004, this Allowance will be increased to THREE HUNDRED AND THIRTY ($330.00) DOLLARS per annum (calendar year).
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Tool and Tool Insurance Allowance. (1) (i) Effective July 1st, 2024, the Employer agrees to pay a Tool and Tool Insurance Allowance of FIVE HUNDRED AND THIRTY–TWO DOLLARS AND SIXTY–FOUR CENTS Effective July 1st of each year of the term of the agreement this allowance will be increased by FIFTY DOLLARS ($50.00).
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Related to Tool and Tool Insurance Allowance

  • TOOL INSURANCE 235. The City agrees to indemnify employees covered under this Agreement for the loss or destruction of the employee's tools subject to the following conditions: 236. 1. These provisions shall apply when an employee's tools are lost or damaged due to fire or theft by burglary while the tools are properly on City property or being used by the employee in the course of City business.

  • Pool Insurance Compliance Notwithstanding any other provision of this Agreement, the Servicer shall at all times comply with all applicable Pool Insurance policy requirements so as to assure the full benefit of such Pool Insurance policy to the Trustee.

  • Basic Medical Insurance All regular Employees may choose to be covered by the medical plan for which the British Columbia Medical Plan is the licensed carrier. Benefits and premiums shall be in accordance with the existing policy of the plan. The Employer will pay one hundred percent (100%) of the regular premium.

  • Income Protection Insurance The employer shall participate in a income protection scheme and shall make relevant contributions on behalf of all employees to provide for the payment of income protection benefits to employees.

  • Travel Insurance The Employer shall provide and pay the full cost for travel insurance to cover all members of the bargaining unit for all modes of travel, in the amount of $200,000.00. The travel insurance policy shall also cover employees while on union business.