Benefits and Pensions Sample Clauses

Benefits and Pensions. (a) Employees are eligible to participate in the Pension Plan for Salaried Employees of McMaster University, Extended Health Plan, Dental Plan, Group Life Plan, Accidental Death & Dismemberment Plan, Salary Continuance Plan, Long Term Disability Plan, Pregnancy Leave Plan, Family Medical Leave Plan, Tuition Assistance and Bursary Plans as summarized below. (Further details of benefits may be found in the Unifor Benefit Booklet accessible via the McMaster University website.) (b) Subject to Article 22.01(c), an Employee and her eligible dependants at retirement are eligible to participate in the Extended Health, Dental, Group Life Plans, Tuition Assistance and Bursary Plans for retirees, provided: i. the Employee collects a pension immediately on leaving the Employer or is eligible for an immediate and unreduced pension at the date she leaves; and ii. the Employee and her eligible dependants are enrolled in the Extended Health, Dental, Group Life Plans, Tuition Assistance and Bursary Plans for active Employees at the Employee’s date of retirement. (c) Eligibility for benefits post-retirement is limited to: i. Employees hired into the Bargaining Unit on or before June 15, 2006; ii. Employees hired into the Bargaining Unit between June 16, 2006 and September 31, 2009, inclusive, and who have at least 10 years cumulative service with the University as of the date of retirement; and iii. Employees hired into the Bargaining Unit on or after October 1, 2009 in accordance with the terms of the Letter of Understanding regarding the Post Retirement Benefit Co-Pay Program.
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Benefits and Pensions. (a) Subject to Article 22.02, Employees are eligible to participate in the Pension Plan for Hourly Employees of McMaster University, Extended Health Plan, Dental Plan, Group Life Plan, Accidental Death & Dismemberment Plan, Salary Continuance Plan, Long Term Disability Plan, Pregnancy Leave Plan, Family Medical Leave Plan, Tuition Assistance and Bursary Plans as summarized below. (Further details of benefits may be found in the Unifor Parking & Transit Services Benefit Booklet accessible via the McMaster University website.) (b) Subject to Article 22.01(c), an Employee and their eligible dependants at retirement are eligible to participate in the Extended Health, Dental, Group Life Plans, Tuition Assistance and Bursary Plans for retirees, provided: i. the Employee collects a pension immediately on leaving the Employer or is eligible for an immediate and unreduced pension at the date they leave; and ii. The Employee and their eligible dependants are enrolled in the Extended Health, Dental, Group Life Plans, Tuition Assistance and Bursary Plans for active Employees at the Employee’s date of retirement.
Benefits and Pensions. Specific details of benefits may be found in the Unifor Benefit Booklet, accessible via the McMaster University website.
Benefits and Pensions. (a) Employees are eligible to participate in the Pension Plan for Salaried Employees of McMaster University, Extended Health Plan, Dental Plan, Group Life Plan, Accidental Death & Dismemberment Plan, Salary Continuance Plan, Long Term Disability Plan, Pregnancy Leave Plan, Family Medical Leave Plan, Tuition Assistance and Bursary Plans (b) Subject to Article 22.01(c), an Employee and their eligible dependants at retirement are eligible to participate in the Extended Health, Dental, Group Life Plans, Tuition Assistance and Bursary Plans for retirees, provided: i. the Employee collects a pension immediately on leaving the Employer or is eligible for an immediate and unreduced pension at the date she leaves; and ii. the Employee and their eligible dependants are enrolled in the Extended Health, Dental, Group Life Plans, Tuition Assistance and Bursary Plans for active Employees at the Employee’s date of retirement. (c) Eligibility for benefits post-retirement is limited to: i. Employees hired into the Bargaining Unit on or before June 15, 2006; ii. Employees hired into the Bargaining Unit between June 16, 2006 and September 31, 2009, inclusive, and who have at least 10 years’ cumulative service with the University as of the date of retirement; and iii. Employees hired into the Bargaining Unit between October 1, 2009 and April 30, 2022 and are a Limited Term Employee or Continuing Employee as at April 30, 2022, in accordance with the terms of the Letter of Understanding regarding the Post Retirement Benefit Co-Pay Program.
Benefits and Pensions a) Employees shall be covered by the employer’s benefit and pension plans. The Employer shall pay the full premium cost for the employee's coverage under such plans. The Employer will contribute at $2.35 per hour towards the benefits and a) Annual vacation b) Straight time hours worked c) Statutory holidays d) Banked overtime hours if taken in pay e) Straight time equivalent of overtime hours if not banked
Benefits and Pensions a) Employees shall be covered by the employer’s benefit plan and the COPE 15 Pension Plan. The Employer shall pay the full premium cost for the employee's coverage under such plans. The Employer will contribute at $2.55 per hour towards the CMAW benefits plan and $3.70 per hour towards the COPE 15 Pension Plan, which shall include: b) Annual vacation c) Straight time hours worked d) Statutory holidays e) Banked overtime hours if taken in pay f) Straight time equivalent of overtime hours if not banked
Benefits and Pensions. Employees are eligible to participate in the Major Medical Plan, Dental Plan, Group Life Plan, Accidental Death & Dismemberment Plan, Salary Continuance Plan, Long Term Disability Plan, Tuition Assistance and Bursary Plans as summarized below. Employees employed prior to June 30, 2007 are eligible to participate in the Pension Plan for Salaried Employees of McMaster University. Employees employed after June 30, 2007 while not eligible to participate in the pension plan for salaried employees at McMaster University shall be required to contribute directly to a Registered Retirement Savings Plan (group) at the same percentage as employees are contributing to the pension plan, and the Employer will match this contribution. Employees may join the RRSP immediately upon hire and must join by the immediately following July 1. Those employees employed prior to June 30, 2007 who collect a pension immediately on their leaving the Employer or who are eligible for an immediate and unreduced pension at the date they leave continue to participate in the Major Medical, Dental, Group Life Plans, Tuition Assistance and Bursary Plans. They and their eligible dependants who are enrolled in the noted plans at their date of retirement will continue to be eligible for those benefits. Those employees hired after June 30, 2007 are not eligible to receive post-retirement benefits. Limited Term Employees shall not be eligible for benefits and / or pension, save and except for a continuing employee that is fulfilling the duties of a career growth opportunity.
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Benefits and Pensions. (a) Employees are eligible to participate in the Pension Plan for Hourly Employees of McMaster University, Major Medical Plan, Dental Plan, Group Life Plan, Accidental Death & Dismemberment Plan, Salary Continuance Plan, Long Term Disability Plan, Pregnancy Leave Plan, Tuition Assistance and Bursary Plans as summarized below. (Further details of benefits may be found in the CAW Benefit Booklet accessible via the McMaster University website.) (b) Subject to 22.01(c), those Employees who collect a pension immediately on their leaving the Employer or who are eligible for an immediate and unreduced pension at the date they leave continue to participate in the appropriate retiree Major Medical, Dental, Group Life Plans, Tuition Assistance and Bursary Plans. They and their eligible dependants who are enrolled in the noted plans at their date of retirement will continue to be eligible for those retiree benefits. (c) Eligibility for benefits post-retirement is limited to current Employees, as of the date of this Agreement, and Employees with at least ten (10) years cumulative service with the University as of the date of retirement.
Benefits and Pensions. 12.01 In order to protect the employees and their families from the financial hazards of illness or accident, and to provide the employees with certain benefits, the Employer agrees to accept the conditions governing the Union’s Benefit Plan. The Benefit Plan, maintained and administered by the Union, and supervised by a Board of Trustees provides for a certain amount of income in case of inability to work due to sickness or accident not covered by compensation through the Workplace Safety & Insurance Board (WSIB), a life and dismemberment insurance, a major medical health insurance, a dental plan, pension benefits and additional benefits to be determined by the Union. 12.02 The Employer agrees to pay an amount of money, as set out in Schedule "A" to the Union Benefit Plan for each hour worked by each employee covered under this agreement as an irrevocable contribution to the Union's Benefit Plan. Allocations to the Union's Health Plan will be as set out on Schedule "A", attached hereto and made part hereof. 12.03 Employers' contribution to the Union's Benefit Plan shall be recorded on a remittance form supplied by the Union. On these forms, the Employer will enter: a. name of employee; b. total hours worked during the month for which remittance is made; x. xxxx of hire for new employees only; d. date of termination;
Benefits and Pensions. 21.1 The Employer will provide each Employee access to the following benefit plans: Medical, Extended Health, Dental, Group Life Insurance and Accidental Death and Dismemberment Insurance, and Long Term Disability. The Employee’s participation in all but the Long Term Disability Plan is optional; participation in the Long Term Disability Plan is required. 21.2 The Employer will pay one hundred (100%) percent of the premiums for the Medical, Extended Health, Dental, Long Term Disability, Group Life Insurance and Accidental Death and Dismemberment Insurance Plans. 21.3 The Employer will extend Accidental Death and Dismemberment Insurance to cover employees over the age of 69. The Employer will provide such coverage up to the maximum age at which the Employer can purchase the insurance at a rate no greater than 5% higher than the rate charged for insuring an employee who is 69.
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