A publication of the National Air Traffic Controllers Association
Issue link: http://natca.uberflip.com/i/715524
32 ARTICLE 36 RETIREMENT PLAN Section 1. The Employer shall, at a minimum, continue the current or equivalent 401(k) retirement plan currently in place and ensure each employee is fully informed about the plan and its availability. Employee participation in any plan shall be voluntary. Employees shall be entitled to utilize any loan programs available under the Employer's retirement plan. Section 2. To the maximum extent permitted by applicable law, an employee is entitled to roll over any and all contributions from any retirement plan established by any former employer, or similar source, into the Employer provided 401(k) account. Section 3. To the maximum extent permitted by applicable law, an employee may contribute any excess benefit monies to the 401 (k) retirement account, unless otherwise required beyond the employer's control. ARTICLE 37 WAGES Section 1. Employees shall receive a base wage rate increase October 1, 2011 as specified in the chart in appendix III and an increase of 3.0% in the subsequent years of this agreement. Section 2. Bargaining unit employees who work between the hours of six o'clock p.m. and six o'clock a.m. shall receive 1.1 times the employee's hourly rate of pay for each hour worked after six o'clock p.m. and before six o'clock a.m. Section 3. Bargaining unit employees who work in excess of 40 hours in a workweek shall receive 1.5 times the employee's basic rate of pay for all hours worked in excess of 40 hours. All overtime assignments will be offered first to bargaining unit employees in a fair and equitable manner. Section 4. Bargaining unit employees who perform on-the-job training (OJT) shall receive 1.1 times the employee's basic rate of pay for all time spent conducting OJTI training on a position of operation. Section 5. In a facility where there is no Assistant Manager and the Manager is absent for five work days or more, a qualified member of the bargaining unit may be required to serve as Acting Manager and shall be paid an additional $1.00 an hour while on this assignment. Section 6. If you are a full-time employee (40 hours a week) and Sunday is part of your regularly scheduled workweek, you are paid at your rate of basic pay plus a Sunday premium of 25% of your basic rate for each hour of Sunday work which is not overtime (i.e. occasional work on Sunday outside the normal tour of duty is considered overtime work).