| Article IV. Local Fringe Benefit Contributions |
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ARTICLE IV LOCAL FRINGE BENEFIT CONTRIBUTIONS Section 1. Contributions. Contributions for local pension, welfare, and other employee fringe benefits shall be increased as follows: Effective Date Increase October 1, 2004 $1.00 per hour, raising the total rate from $11.00 to $12.00 per hour, of which $5.00 per hour shall be paid to the Management-ILA Managed Health Care Trust Fund (hereinafter "MILA"). October 1, 2006 $0.50 per hour, raising the total rate from $12.00 to $12.50 per hour, of which $5.00 per hour shall be paid to MILA. October 1, 2008 $0.50 per hour raising the total rate from $12.50 to $13.00 per hour, of which $5.00 per hour shall be paid to MILA. Section 2. Guarantee of Contributions. Management guarantees that during the term of this Master Contract the additional contributions made pursuant to Article IV, Section 1 of this Master Contract shall be not less than $124.4 million. Section 3. Allocation of Contributions. The contributions set forth in Article IV, Section 1 of this Master Contract may be allocated to fund not only pension and welfare 4 benefits but also any other fringe benefits as agreed to by the local ILA and port association in each of the ports or districts covered by this Master Contract, except that $5.00 per hour worked in each port or district shall be paid to MILA. Section 4. Limitation on Contributions. No man-hour contributions other than those set forth in Article IV, Section 1 of this Master Contract shall be imposed in any port or district except existing contributions in effect on September 30, 2004, which may not be increased during the term of this Master Contract. No tonnage assessment (not in effect on the effective date of this Master Contract) shall be imposed on containerization or ro-ro operations by any local ILA or port association in any port or district covered by this Master Contract during the life of this Master Contract. |