THIS COLLATERAL AGREEMENT made this 9th day of June, 2021
BETWEEN:
THE MANITOBA INSITUTE OF TRADES AND TECHNOLOGY
(hereinafter referred to as the “Division”)
OF THE FIRST PART,
- and -
THE MANITOBA INSITUTE OF TRADES AND TECHNOLOG TEACHERS’ ASSOCIATION OF
THE MANITOBA TEACHERS’ SOCIETY
(hereinafter referred to as the “Association”)
OF THE SECOND PART.
WHEREAS pursuant to a certain collective agreement dated June 9, 2021, made between the Division and the Association, the Division has agreed to participate in the administration of the Manitoba Public School Employees Extended Health Benefits Plan (the “Plan”) for all of the eligible employees (the “Employees”) as described by the Manitoba Public School Employees Benefits Trust (the “Trust”) in the employ of the Division; and
WHEREAS the Division and the Association desire to set forth the terms and conditions under which the Division shall so participate in the administration of the Plan; and
WHEREAS pursuant to a certain agreement made between the Manitoba School Boards Association, the Manitoba Teachers’ Society and the Trust, the Trust is responsible for the formulation, implementation and operation of the Plan.
NOW THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the premises and the mutual covenants herein contained, the parties hereto hereby agree as follows:
Subject to paragraph (b) which follows, for September 2019 the Division shall pay monthly $ 126.00 on behalf of each Employee in respect of the Extended Health plan, said $126.00 being the monthly rate for family coverage under the plan. Such payments shall be made to the Trust or to such party as the Trustees shall designate in writing.
Subject to paragraph (b) which follows, for September 2020 the Division shall pay monthly $ 131.00 on behalf of each Employee in respect of the Extended Health plan, said $131.00 being the monthly rate for family coverage under the plan. Such payments shall be made to the Trust or to such party as the Trustees shall designate in writing.
To the Division:
Manitoba Institute of Trades and Technology (Division)
130 Henlow Bay
Winnipeg MB R3Y 1G4
To the Association:
Manitoba Institute of Trades and Technology Teachers' Association
c/o 130 Henlow Bay
Winnipeg, MB R3Y 1G4
and if mailed as aforesaid, shall be deemed to have been given on the fifth business day next following that upon which the letter containing such notice was posted.
IN WITNESS WHEREOF the Division has caused its Corporate Seal to be hereunto affixed duly attested by the signatures of its proper officers in that behalf, the day and year first above written.
THE MANITOBA INSITUTE OF TRADES AND TECHNOLOGY
________________________________
Chairperson
________________________________
Secretary - Treasurer
IN WITNESS WHEREOF the Association has caused this Agreement to be executed as duly attested by the signatures of the proper officers of the Association.
______________________________
President
______________________________
Secretary
IN WITNESS WHEREOF the Association has caused this Agreement to be executed as duly attested by the signatures of the proper officers of the Association.
THE MANITOBA INSTITUTE OF TRADES AND TECHNOLOGY TEACHERS’ ASSOCIATION
______________________________
President
______________________________
Vice-President
______________________________
Secretary-Treasurer