Air Canada Pilot Pension Plan Introduction Sample Clauses

Air Canada Pilot Pension Plan Introduction. This A17.01 pertains solely to the Pilots who are members of the Air Canada Pension Plan – Pilots. A separate pension plan and trust fund have been established as at January 1, 1998 for Pilots. These are called respectively the Air Canada Pension Plan – Pilots and the Air Canada Pension Trust Fund – Pilots. The rules of the new pension plan are contained in the plan text of the Air Canada Pension Plan – Pilots. The Company has co-mingled the assets of the two plans (Air Canada Pension Plan and Air Canada Pension Plan – Pilots) for investment purposes in the Air Canada Pension Master Trust Fund. ACPA’s actuaries shall have access to all pertinent information pursuant to the Air Canada Pension Plan – Pilots. The Air Canada Pension Plan – Pilots shall be administered by a committee (“Committee”) comprised of equal numbers of ACPA and Company appointees. Any costs normally borne by the Air Canada Pension Master Trust Fund are automatically charged on a proportionate basis to the participating funds; however, specific Pilot plan costs that are incurred will be charged to the Pilot plan.
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