Common use of Alternative rule Clause in Contracts

Alternative rule. With respect to employees with a pension-qualifying salary exceed- ing 10 income base amounts the bank / company and the employee may make an agreement to apply a different pension solution than family pension under Section 12:3. When an agreement has been made to apply the alternative rule for an in- dividual salaried employee, the rule must be applied for as long as the em- ployee remains in service with the bank/company.

Appears in 4 contracts

Samples: Pension Agreement, Pension Agreement, Pension Agreement

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