|New Participation Agreement provides greater clarity around the definition of Gross Earnings|
PHBP Contributing Employers are aware that contributions for non-union freelancers in covered categories are based upon 8% of each freelancer's gross earnings. We've received questions about what gross earnings are included in the 8% required contribution, so we wanted to include some additional detail. A 2016 Participation Agreement was recently distributed to you, which includes the detail that PHBP management feels will be helpful. The new language is paraphrased as follows:
"....salary, wages, fees, charges, paid time off, cancellation or postponement pay, bonuses, profit participation and expenses, except for reimbursement of actual, documented out-of-pocket expenses, incurred by the employee in the performance of work in the covered job category..."
Please read through your 2016 Participation agreement at your earliest convenience, and sign and submit no later than December 31, 2015. For additional information, please reach out to email@example.com.