Illinois Compiled Statutes 820 ILCS 60/5 – Definition
Current as of: 2024 | Check for updates
|
Other versions
As used in this Act:
“Employee-entitled funds” means those amounts that an employer is legally committed, through a collective bargaining agreement, to contribute to an employee benefit trust fund on the basis of a certain amount per hour, day, week, or other period of time and that are considered to be held in trust for the benefit of a designated employee benefit trust fund.
“Employee-entitled funds” means those amounts that an employer is legally committed, through a collective bargaining agreement, to contribute to an employee benefit trust fund on the basis of a certain amount per hour, day, week, or other period of time and that are considered to be held in trust for the benefit of a designated employee benefit trust fund.
