A Pension Sample Clauses

A Pension. The Union and the Employer agree to support the recommendations of the taskforce currently studying the financial viability including the unfunded retirees’ benefit liabilities of the Pension Plan. The provisions of Article 6.13 A will not be used to veto the recommendations of the taskforce. Signed this 2nd day of June, 2006 Xxx Xxxxxx Xxxx Xxxxxx Signed on behalf of the Board Signed on behalf of the Union Provincial Framework Agreement (“Framework”) between BC Public School Employers' Association ("BCPSEA") and The CUPE BC K-12 Presidents' Council and Support Staff Unions ("the Unions") BCPSEA and the Unions ("the Parties") agree to recommend the following framework for inclusion in the collective agreements between local Support Staff Unions and Boards of Education. The rights and obligations of the local parties under this framework are of no force or effect unless their collective agreement has been ratified by both parties no later than Dec. 20, 2013.
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A Pension. All present employees enrolled in the Hospital's pension plan shall maintain their enrolment in the plan subject to its terms and conditions. New employees and employees not yet eligible for membership in the plan shall, as a condition of employment, enroll in the plan when eligible in accordance with its terms and conditions.
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A Pension. The Union and the Employer agree to support the recommendations of the taskforce currently studying the financial viability including the unfunded retirees’ benefit liabilities of the Pension Plan. The provisions of Article 6.13 A will not be used to veto the recommendations of the taskforce. Signed this 2nd day of June, 2006 Xxx Xxxxxx Xxxx Xxxxxx
Sample 1
A Pension. The Company agrees to provide $0.35 cents per hour contributions to the United Food and Commercial Workers’ International Union, local 333 Pension Plan for all regular hours worked, in accordance with the Collective Agreement, for all full-time employees in the bargaining unit, to a maximum of 40 hours per week per employee. Effective the first full pay period following May 1, 2013 the company will contribute $0.40 cents per hour for each full time employee to the pension plan. Effective the first full pay period following May 1, 2014 the company will contribute $0.45 cents per hour for each full time employee to the pension plan. Effective the first full pay period following May 1, 2015 the company will contribute $0.50 cents per hour for each full time employee to the pension plan. The contributions made by the Company and the fund assets accruing therefrom, shall be used exclusively to provide retirement benefits for eligible employees as shall be determined, from time to time, by the Trustees of the aforesaid Trust Fund pursuant to the terms of the Trust Agreement. The Employer’s liability in connection to the Pension Plan shall be limited solely to the payment of the amount(s) described above. There shall be no past service liabilities recognized nor past service payments required of the employer as a condition of the participation in the plan. As a consequence of the Agreement in this Article between the Company and the Union, the Company will enter into a “Participation Agreement” with the Board of Trustees of the United Food and Commercial Workers’ International Union, local 333 Pension Plan and supply such actuarial data as may be reasonably required with respect to the administration of the plan.
Sample 1
A Pension. The Company agrees to provide 35 cents per hour during the term of this agreement, contributions to the United Food and Commercial Workers’ International Union, local 333 Pension Plan for all regular hours worked, in accordance with the Collective Agreement, for all full-time employees in the bargaining unit, to a maximum of 40 hours per week per employee. The contributions made by the Company and the fund assets accruing therefrom, shall be used exclusively to provide retirement benefits for eligible employees as shall be determined, from time to time, by the Trustees of the aforesaid Trust Fund pursuant to the terms of the Trust Agreement. The Employer’s liability in connection to the Pension Plan shall be limited solely to the payment of the amount(s) described above. There shall be no past service liabilities recognized nor past service payments required of the employer as a condition of the participation in the plan. As a consequence of the Agreement in this Article between the Company and the Union, the Company will enter into a “Participation Agreement” with the Board of Trustees of the United Food and Commercial Workers’ International Union, local 333 Pension Plan and supply such actuarial data as may be reasonably required with respect to the administration of the plan.
Sample 1

Related to A Pension

  • Canada Pension Plan All employees shall participate in and contribute to the Canada Pension Plan in accordance with the applicable legislation. The College will contribute to the plan for each employee, to the extent provided for in the applicable legislation.

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

  • Defined Benefit Pension Plan 1. The Employer and the Union hereby agree to the continuation of the existing Northern California Glaziers, Architectural Metal and Glass Workers Pension Trust Agreement ("Defined Benefit Pension Trust").

  • Retirement and Pension Account A retirement or pension account maintained in Singapore that satisfies the following requirements under the laws of Singapore.

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • Survivor Benefit Upon the death of a regular employee who leaves a spouse and/or dependants enrolled in the Medical Services Plan, Dental Plan and Extended Health Benefit Plan, such enrolment may continue for twelve (12) months following the employee’s death, provided the enrolled family members pay the employee’s share of the cost of the premium for the plans. The Employer shall advise the survivor of this benefit.

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.

  • Dental Benefit (1) A confirmed staff shall be eligible for reimbursement of expenses incurred for restorative and preventive dental treatment up to $150 per calendar year.

  • Basic Benefit Effective January 1, 2008, the basic life insurance benefit will be increased from $15,000 to $18,000 for employees. This shall be the default level of life insurance coverage, which shall be provided at no cost to the employee.

  • Lump Sum The Change Order cost is determined by mutual agreement as a lump sum amount changing the Contract Sum allowed for completion of the Work. The Change Order shall be substantiated by documentation itemizing the estimated quantities and costs of all labor, materials and equipment required as well as any xxxx-up used. The price change shall include the cost percent allowed for the Contractor's overhead and profit and, if eligible, Time Dependent Overhead Costs.

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