Common use of Benefits during Phased Retirement Program Clause in Contracts

Benefits during Phased Retirement Program. 19.5.1 The Participant's contributions to the pension plan will be based on his or her actual salary received in each year of the phased retirement.

Appears in 6 contracts

Samples: Faculty Agreement, Faculty Agreement, Faculty Agreement

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Benefits during Phased Retirement Program. 19.5.1 The Participant's ’s contributions to the pension plan will be based on his or her actual salary received in each year of the phased retirement. The Participant may assign a portion of their lump sum retirement supplement to their pension plan subject to CRA limits. The Employer will not provide matching funds.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Benefits during Phased Retirement Program. 19.5.1 The Participant's contributions to the pension plan will be based on his or her actual salary received in each year of the phased retirement. The Participant may assign a portion of their lump sum retirement supplement to their pension plan subject to CRA limits. The Employer will not provide matching funds.

Appears in 1 contract

Samples: Collective Agreement

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Benefits during Phased Retirement Program. 19.5.1 The Participant's ’s contributions to the pension plan will be based on his or her their actual salary received in each year of the phased retirement. The Participant may assign a portion of their lump sum retirement supplement to their pension plan subject to CRA limits. The Employer will not provide matching funds.

Appears in 1 contract

Samples: Collective Agreement

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