AND RETIREMENT Sample Clauses

AND RETIREMENT. It is recognized for this Article seniority will be based upon date of Provided that there remain on the job employees who have the ability and qualifications as required by law to performthe work, the Employer shall first probationary employees, and if further layoffs are necessary, lay-off employees in the reverse order of their seniority within their classification within the bargaining unit. An employee receiving layoff notice may:

AND RETIREMENT. All employees shall be required to participate in the Local Authorities Board Pension Plan. The Plan shall apply to all full-time employees, and part-time employees who work a minimum of thirty (30) hours per week, excluding hours worked as noon hour assistant. Temporary employees are also eligible to participate, unless excluded by the conditions of the Plan. Employees shall receive a retirement allowance based upon the attainment of age the employee's anniversary date and the following formula: After years' of service After years' of service After years' of service After years' of service ▇▇▇▇▇▇'s salary months' salary months' salary months' salary Effective as of January for ten month employees, ten months of employment shall be considered a year of pensionable service.

AND RETIREMENT. PENSION Employees eligible pursuant to the Ontario Municipal Employees Retirement System Act shall be enrolled in the pension from the date of eligible employment.

AND RETIREMENT. 30.1 All employees shall be required to participate in the Local Authorities Board Pension Plan. The date of eligibility for participation in the Plan shall be upon the employee having completed twelve (12) months of continuous employment with the Board. The Plan shall apply to all full-time employees, and part-time employees who work a minimum of thirty (30) hours per week, excluding hours worked as noon hour assistant. Term employees are also eligible to participate, unless excluded by the conditions of the Plan. 30.2 Employees shall receive a retirement allowance based upon the employee’s anniversary date and the following formula: After 10 years’ of service 1 month’s salary After 15 years’ of service 2 months’ salary After 20 years’ of service 21/2 months’ salary After 25 years’ of service 3 months’ salary

AND RETIREMENT. All members shall participate in the final average earnings basic pension plan under the Ontario Municipal Employees Retirement System The Board and each member shall contribute the amount required under the legislation and regulations. The parties agree that no member retire later than age sixty (60). The Basic and Types I and Plans shall be administered consistent with the Rules and Regulations of the Pension Plan. Any member of the Service may establish credited service in the existing pension provisions for all or part of active military service in His or Her Majesty's military, naval or air forces in World War or the Korean War, in accordance with the provisions of the Ontario Municipal Employees Retirement System Act and Regulations; the application for such credited military service will be in accordance with the provisions of the Ontario Municipal Employees Retirement System Act and Regulations. On the condition that "past service" (as defined below) can be treated as credited service under and on the condition that there is no cost whatsoever to the Board or the Regional Municipality in the member purchasing such past service, the Board agrees to endeavour to obtain from for those members applying within time limits and pursuant to procedures established by or the supplemental optional service coverage for a member's past service as follows:

AND RETIREMENT. For the purpose of layoff, seniority of employee shall be recognized within their respective Employees shall not be able to utilize their seniority to bump into positions outside of their respective classification, unless the employee has the immediate skill and ability to perform the functions of the position they intend to bump into. In case of layoffs the employer will give such recognition to the seniority standing. Ability to perform available work being relatively equal, seniority shall prevail so that the employee having the most seniority shall be laid off last and recalled first. Two (2) weeks’ notice, or pay in lieu thereof, shall be given by the employer to the employee and the union of its intention to lay off employees. The employer shall give those employees who are laid off preference for employment before any new employee is hired, provided the laid off employee is reasonably qualified to perform the work. Any grievance with respect to a layoff shall be taken up under the grievance procedure within seven (7) working days after the commencement of the layoff but not later. Employees will normally retire at age sixty-five (65). If an employee desires to work beyond age sixty-five such request will be reviewed by the employer and, if granted, the employee’s continued ability to perform her job duties will be periodically evaluated and, if not suitable, her employment will cease.

AND RETIREMENT. Only the provisions of Clause of this Agreement affect all employees covered by this Appendix. All employees shall be required to participate in the Local Authorities Board Pension Plan. The Plan shall apply to all employees who work a minimum of thirty (30) hours per week. Temporary employees are also eligible to participate, unless excluded by the conditions of the Plan. For ten month employees, ten months of employment shall be considered a year of pensionable service.

AND RETIREMENT. Subject to clause every full-time member in the "Permanent Service" class of members shall be covered by the provision of By-law No. of the City of Toronto and amendments thereto, being a by-law "to provide pensions for employees, their spouses and children, of the City of Toronto and other participating employers". It is understood and agreed that to the extent that the Ontario Municipal Employees Retirement System is by statute applicable to any member of the Force, the By-law No. shall not be applicable to such member. Every member shall be retired upon attaining the age of seventy years, such retirement to be effective on the last day of the month in which the seventieth birthday of such member occurs. The Board has placed One Hundred Thousand Dollars in a fund to be administered by the Trustees of the Toronto Police Benefit Fund as set out in the Memorandum of Understanding dated May The Trustees will continue to determine the rules and regulations of the Fund, but the objectives will be to provide a supplement to existing governmental payments and pension plan payments Toronto Police Benefit Fund, Toronto Pension Plan) due to such dependents on the member's death, so that the disposable after tax income of the surviving dependents will be approximately one hundred per cent of the disposable after tax income of the deceased member, based on the salary for the deceased member at the time the payments are made. For this purpose salary shall include the premium costs of the Ontario Health Insurance Plan the and Comprehensive Medical Plans and the Dental Plan. The Trustees will continue to have the right to adjust the amount depending on the circumstances of the individual case from time to time. The adequacy of the Fund will be reviewed from time to time.

AND RETIREMENT. The Employer shall maintain the Group Life Insurance Plan, or a Plan providing at least equal benefits, in effect the time of the signing of this Agreement during the life of Agreement for full-time employees who have completed their probationary period. Such are participate in The Globe and Mail Group Plan. or equal to and one-half his annual base rate his annual salary at base rate. The Company will pay the cost of the first of coverage. For coverage in of the employee pay of the premium cost per thousand dollars of insurance and the Company shall pay the balance. The Canadian Newspapers Bargaining and Hourly Employees' Retirement Plan The Globe and Mail Division providing a retirement program for employees now by this Agreement shall be continued by the Employer during the life of this Agreement. The Employer agrees to during the of the Agreement payment of the Employer's matching contribution to Canada Pension Plan without requiring reduction in Canadian Newspapers Bargaining and Hourly Retirement Plan The Globe and Mail Division.