ARTICLE V

PRODUCTIVITY FUND/SPECIAL ALLOWANCE 

1.             a. For each trip or tour of duty operated on the territories comprehended by this agreement with a crew consisting of Conductor‑Only, Conduc­tor / Brakeman or Foreman / Helper, the Carrier shall continue to pay into the Employee’s Productivity Fund the current sum of $55. 00. The pre­-existing methodology for calculating reserve board offsets against productivity fund deposits shall continue to apply for employees on a Tier II Reserve Board. No productivity fund offsets shall be taken for employees on a Tier I Reserve Board. 

b. The Productivity Fund payments will continue to be made in accordance with the basic Crew Consist Agreement. 

2.             a. The special allowance payments paid for operations under Modified Crew Consist (Conductor/ Foreman and Brakeman/ Helper) as well as the new Conductor‑Only Operation shall be as set forth below: 

                                                                Modified Crew Consist                       Conductor‑Only 

Employees Hired Prior to the                                              $10.30 1/                                    $20.60 1/
Applicable Modified Crew
Consist Agreement

Employees Hired After the
Applicable Modified Crew
Consist Agreement
                                                              $8.12 2/                                      $16.24 2/

1/Rate as of December 1, 1991, subject to all future wage increases and COLA adjustments. 

2/ Rate as of December 1, 1991, hereafter frozen. 

                 b. These special allowance payments are only applicable to employees holding seniority on the effective date of this Agreement on the territories comprehended by this Agreement.