Administration of Plans. 10.01 A separate fund for premium contributions shall be established for each Plan as applicable. Annual statements reporting the experience, interest earnings or losses, and administrative costs of each of these Plans shall be prepared and provided to the Union. Contributions and interest earnings which accrue as a result of favourable experience shall be retained in each respective fund to offset costs at a future date. Any increase or decrease in respect of member contributions to Plans shall be applied uniformly to all members of the Union.
Administration of Plans. Each Welfare Benefit Plan and each Pension Benefit Plan has been administered to date in compliance with the requirements of ERISA and the Code. No plan fiduciary of any Welfare Benefit Plan or Pension Benefit Plan has engaged in (i) any transaction in violation of Section 406(a) or (b) of ERISA, or (ii) any "prohibited transaction" (within the meaning of Section 4975(c)(1) of the Code) for which no exemption exists under Section 408 of ERISA or Section 4975(d) of the Code.
Administration of Plans a. The Short Term and Long Term Disability Plans and the payment of benefits under them shall be handled by the Insurance Company, it being understood that a claimant whose benefits claim is denied may contest such denial with the Insurance Company but that he or she shall have no redress whatsoever against the Company. It is agreed, however, that in any case in which an employee claiming benefits under these Plans and desiring to file such claim with the Insurance Company becomes engaged in a non-medical factual dispute with the Company in connection with such claim (such as a disagreement over his or her earnings group, eligibility, employment status, amount of Company Service Credit or other non-medical factual question) such employee and the Union may process a grievance in accordance with the terms of this Contract. It is agreed, however, that any and all medical questions in dispute shall be determined solely by the Insurance Company. It is understood that the Company shall retain the right to select and arrange with an Insurance Company to provide certain benefits available under these Plans and to replace the Insurance Company from time to time as it may deem appropriate.
Administration of Plans. During the Assigned Period, Ford shall maintain, administer and manage all employee benefit and fringe benefit plans and arrangements offered to the Seconded Employees.
Administration of Plans. All decisions with respect to the design, implementation, and administration of the plans and programs set forth in this Article, including the selection of insurance carriers and the investment options to be available under the Retirement and 401(k) Savings Plan, will be made by the WNBA. The Players Association waives any right to participate in the design, implementation, and administration of the plans and programs, including the selection from time to time of new insurance carriers and the investment options to be available under the Retirement and 401(k) Savings Plan. Notwithstanding the foregoing, the WNBA shall consult with the Players Association prior to any substantial changes (e.g., a new carrier), and the Players Association reserves the right to grieve under the procedures set forth in Article XXII any alleged failure by the WNBA to provide the benefits that it has agreed to provide under this Article.
Administration of Plans. Each Welfare Benefit Plan and each Pension Benefit Plan has been administered to date in compliance with the requirements of ERISA and the Code. No fiduciary of any Welfare Benefit Plan or Pension Benefit Plan has engaged in (i) any transaction in violation of Section 406(a) or (b) of ERISA, or (ii) any "prohibited transaction" (within the meaning of Section 4975(c)(1) of the Code) for which no exemption exists under Section 408 of ERISA or Section 4975(d) of the Code. No trust agreement, insurance contract, annuity contract, or other funding arrangement would impose a penalty, discount, or other reduction on account of the withdrawal of assets from such agreement, contract, or arrangement or a change in investment of such assets. There is no pending or threatened litigation concerning any Welfare Benefit Plan or Pension Benefit Plan, and there have been no written or oral communications concerning any such Plan with the IRS, Department of Labor, or any other federal, state, or local governmental entity.
Administration of Plans.
30.01 In the event that a City Plan makes a payment to a member which exceeds the amount which the member is entitled to receive according to the Collective Agreement, the City shall deduct from the member's pay cheque a dollar amount equivalent to the dollar amount which the employee received in excess of their entitlement and shall allocate such funds to the appropriate Plan.
Administration of Plans. The Sub-Agent shall administer such plans for the periodic purchase of Shares as are described in the prospectus and/or statement of additional information of the Fund corresponding to the date of this Agreement in accordance with the terms of such plans, or as the Sub-Agent and the Fund may mutually agree from time to time.
Administration of Plans. The Health Plan shall be administered by a Board of eight (8) Trustees, four
Administration of Plans. Each Welfare Benefit Plan and each Pension Benefit Plan has been administered to date in compliance with the requirements of ERISA and the Code. No assets of any Pension Benefit Plan or Welfare Benefit Plan are invested, directly or indirectly, in any obligation or security of the Company or its Affiliates or in any real or personal property of the Company or its Affiliates. No plan fiduciary of any Welfare Benefit Plan or Pension Benefit Plan has engaged in (i) any transaction in violation of Section 406(a) or (b) of ERISA, or (ii) any "prohibited transaction" (within the meaning of Section 4975(c)(1) of the Code) for which no exemption exists under Section 408 of ERISA or Section 4975(d) of the Code.
