Common use of Administration of the Plan Clause in Contracts

Administration of the Plan. 11.01 The Plan shall be administered by the Company which shall determine all questions relating to the length of service, eligibility, early or postponed retirement and rates and amounts of Compensation for the purposes of the Plan and shall conclusively decide all matters relating to administration, interpretation, application and overall operation of the Plan, consistently however, with the rules and regulations of the Department of National Revenue, the requirements of the Pension Benefits Act and any other regulatory bodies with the text of the Plan and the terms of the Funding Agreement.

Appears in 8 contracts

Samples: Collective Labour Agreement, Agreement, Collective Labour Agreement

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