Common use of Annuity Plan Clause in Contracts

Annuity Plan. The Company and the Union agree to establish an Annuity fund for deferred income payment for its employees covered under this Agreement. This money shall not be subject to Federal, State or City income taxes until maturity. The funds shall come from employer contributions to the Pension, Health Plan and/or cost of living allowances.

Annuity Plan. The Company and the Union agree to establish an Annuity fund for deferred income payment for its employees covered under this Agreement. This money shall not be subject to Federal, State or City income taxes until maturity. The funds shall come from employer em- ployer contributions to the Pension, Health Plan and/or cost of living liv- ing allowances.

Annuity Plan. The Company and the Union agree to establish an Annuity fund for deferred income payment for its employees covered under this AgreementAgree- ment. This money shall not be subject to Federal, State or City income taxes until maturity. The funds shall come from employer contributions contribu- tions to the Pension, Health Plan and/or cost of living allowances.

Annuity Plan. The Company and the Union agree to establish an Annuity fund for deferred income payment for its employees covered under this Agreement. This money shall not be subject to Federal, State or City income taxes until maturity. The funds shall come from employer em­ployer contributions to the Pension, Health Plan and/or cost of living liv­ing allowances.