National Master Automobile Transporters Agreement For the Period ...

Article 3check, the total amount deducted along with the name of each employee on whosebehalf a deduction is made, the employee's social security number and the amountdeducted from that employee's paycheck. The International Brotherhood of Teamstersshall reimburse the Employer annually for the Employer's actual cost for the expensesincurred in administering the weekly payroll deduction plan.In the event that an Employer has been determined to be in violation of this Article bythe decision of an appropriate Joint Arbitration Committee, and if such Employersubsequently is in violation thereof after receipt of seventy-two (72) hours' written noticeof specific delinquencies, the Local Union may strike to enforce this Article. However,such strike shall be terminated upon the delivery thereof. Errors or inadvertentomissions relating to individual employees shall not constitute a violation.Section 5.401(k) Savings PlanWith respect to an Employer that has both a Company 401(k) and Teamsters National401(k) Plan:(a) The Employer agrees to offer the Teamster National 401(k) Tax DeferredSavings Plan to employees covered under this contract. If the Employer has a plan inexistence prior to the effective date of the Teamsters National 401(k) Tax DeferredSavings Plan, an employee may participate in either plan.(b) The Employer shall deduct and remit an amount specified in writing by theemployee from the employee paychecks to the Plan designated by the employee. TheEmployer shall provide the Administrator of the appropriate 401(k) plan with the name,date of birth, address and date of hire of all newly hired employees within thirty (30)days after the employee acquires seniority and shall provide the Local Union with acopy of such notice.(c) The NATLD and the Unions shall each designate one Trustee for the jointlytrusteedTeamsters National 401(k) Tax Deferred Savings Plan. No employercontributions to this plan will ever be required.Section 6.Retirement NotificationAn employee must notify his/her Employer of the filing of an application for his/hernormal retirement pension benefit at the time such application is submitted to theapplicable pension fund.14