Benefits for Pensioners Sample Clauses

Benefits for Pensioners. All benefits granted to employees who retired prior to the date of signing of the Agreement are governed by the Agreement in force on the date they retired. The following benefits will be provided to pensioners who retire after the date of signing of the Agreement, at no cost to the pensioner.
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Benefits for Pensioners. (1) This Article does not apply where a pensioner, or a member of a pensioner’s family, is entitled to a sickness benefit, maternity and paternity benefit or long term care benefit in a Party on the basis of activity of such pensioner or such member of the pensioner’s family as an employed or self-employed person. (2) Where a pensioner is in receipt of a pension under the legislation of one or both Parties, sickness benefits, maternity and paternity benefits and long term care benefits shall be payable to that pensioner or a member of their family: (a) where the pensioner receives such a pension under the legislation of one Party only, by that Party; (b) where the pensioner receives such a pension under the legislation of both Parties, by the Party to whose legislation the person has been subject for the longest period of time; or (c) where the application of sub-paragraph (b) would result in both Parties being competent for payment of such benefits, by the Party to whose legislation the pensioner was last subject.
Benefits for Pensioners. Pensioners may, at their own expense, continue to maintain the coverage of any one or all of the following benefits for themselves and their spouses (the benefits plans listed provide the coverage as per the current Collective Agreement, Article
Benefits for Pensioners. All benefits granted to employees who retired prior to the date of signing of the Agreement are governed by the Agreement in force on the date they retired. The following benefits will be provided to pensioners who retire on or after April 21, 2015 at no cost to the pensioner (a) Age 55 with a minimum of 75 points (employees who were eligible for Normal Retirement, Special Early Retirement or 85 point Retirement as of April 20, 2015 are grandfathered under those qualifications) i. Life insurance continued at $5,000.00. ii. Base Medical and Hospital Benefits will be continued in the Provincial Plan for the life of the pensioner provided that he continues to reside in Canada. iii. Major medical coverage will be continued for the life of the pensioner provided that he continues to reside in Canada. iv. Drug card on a go forward basis v. Physiotherapist $400 annual maximum Chiropractic $400 annual maximum Massage Therapist $400 annual maximum Employees hired after April 20, 2015 will not be eligible for the post-retirement benefits described above.
Benefits for Pensioners. All benefits granted to employees who retired prior to the date of signing of the Agreement are governed by the Agreement in force on the date they retired. The following benefits will be provided to pensioners who retire on or after April 21, 1991, at no cost to the pensioner. (a) Normal Retirement, Special Early Retirement or 85 Point Retirement (i) Life insurance continued at $4,000. (ii) Base Medical and Hospital Benefits will be continued in the Provincial Plan for the life of the pensioner provided that he continues to reside in Canada. (iii) Semi-private and major medical coverage will be continued for the life of the pensioner provided that he continues to reside in Canada.
Benefits for Pensioners. All benefits granted to employees who retired prior to the date of signing of the Agreement are governed by the Agreement in force on the date they retired. (a) Employees who at the expiration of this collective agreement (April 21s, 2021), have reached a minimum of 55 years of age with a minimum of 15 years of service and 70 points, will be grandfathered with the current level of post-retirement benefits. (i) Life insurance continued at $5,000.00. (ii) Base Medical and Hospital Benefits will be continued in the Provincial Plan for the life of the pensioner provided that they continue to reside in Canada. (iii) Major medical coverage will be continued for the life of the pensioner provided that they continue to reside in Canada. (iv) Drug card on a go forward basis (v) Physiotherapist $400 annual maximum Chiropractic $400 annual maximum Massage Therapist $400 annual maximum (b) Employees hired prior to April 20, 2015 who do not meet the criteria listed above will be grandfathered and will be eligible for post- retirement benefits as listed above, but will share the cost of the benefits with the Company: the Company will pay 50% of the cost, and the Employee will pay the remaining 50% of the costs. (c) Employees hired after April 20, 2015 will not be eligible for the post-retirement benefits described above.
Benefits for Pensioners. All benefits granted to employees who retired prior to the date of signing of the Agreement are governed by the Agreement in force on the date they retired. The following benefits will be provided to pensioners who retire after the date of signing of the Agreement, at no cost to the pensioner. [i] Life Insurance continued at $4,000. [ii] MSP will be continued as long as the pensioner is a resident of BC.
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Related to Benefits for Pensioners

  • Death Benefits Upon the Executive’s death during the Contract Period, the Executive’s estate shall not be entitled to any further benefits under this Agreement.

  • Benefits for Part-Time Employees ‌ A part-time employee shall receive in lieu of all fringe benefits (being those benefits to an employee, paid in whole or part by the Hospital, as part of direct compensation or otherwise, including holiday pay, save and except salary, vacation pay, standby pay, call back pay, reporting pay, responsibility allowance, jury and witness duty, bereavement pay, and maternity supplemental unemployment benefits) an amount equal to 14% of his/her regular straight time hourly rate for all straight time hours paid.

  • Survivor Benefits 1. A surviving dependent of a retiree who was eligible to receive a Retiree Medical Grant, as stated above in A through C, and who qualifies for a monthly allowance shall be eligible for fifty (50) percent of the Grant authorized for the retiree. 2. A surviving eligible retiree who qualifies for a monthly retirement allowance who was married to a retiree who was also eligible for a Grant shall receive the survivor benefit described in D.1., above, or his or her own Grant, whichever is greater. Such retiree shall not be eligible for both Grants.

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one)

  • Defined Benefit Pension Plans The Borrower will not adopt, create, assume or become a party to any defined benefit pension plan, unless disclosed to the Lender pursuant to Section 5.10.

  • Unemployment Benefits The Company will not oppose the Executive’s claim for unemployment insurance benefits.

  • Survivors Benefits Benefits for the surviving family members of individuals who have died from COVID–19, including cash assistance to widows, widowers, or dependents of individuals who died of COVID–19.

  • Retirement Plans (a) In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (“Qualified Plans”) (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, Transfer Agent shall provide the following administrative services: (i) Establish a record of types and reasons for distributions (i.e., attainment of eligible withdrawal age, disability, death, return of excess contributions, etc.); (ii) Record method of distribution requested and/or made; (iii) Receive and process designation of beneficiary forms requests; (iv) Examine and process requests for direct transfers between custodians/trustees, transfer and pay over to the successor assets in the account and records pertaining thereto as requested; (v) Prepare any annual reports or returns required to be prepared and/or filed by a custodian of a Retirement Plan, including, but not limited to, an annual fair market value report, Forms 1099R and 5498; and file same with the IRS and provide same to Participant/Beneficiary, as applicable; and (vi) Perform applicable federal withholding and send Participants/Beneficiaries an annual TEFRA notice regarding required federal tax withholding. (b) Transfer Agent shall arrange for PFPC Trust Company to serve as custodian for the Retirement Plans sponsored by a Fund. (c) With respect to the Retirement Plans, Transfer Agent shall provide each Fund with the associated Retirement Plan documents for use by the Fund and Transfer Agent shall be responsible for the maintenance of such documents in compliance with all applicable provisions of the Code and the regulations promulgated thereunder.

  • Standard Benefits During the Employment Period, Executive shall be entitled to participate in all employee benefit plans and programs, including paid vacations, generally available to other similarly situated Company executives, subject to the terms and conditions of the applicable plans.

  • Long Term Disability Benefits A benefit level of seventy percent (70%) of monthly earnings shall apply. Benefits would commence after a waiting period of seventeen (17) weeks, when Short Term Disability Benefits terminate. Terms of the Master Policy with the Insurance Company shall apply. In order to go on LTD, the person must: (a) Be off work for seventeen (17) consecutive weeks with the same or unrelated illness or injury. (b) Be off work for a total of seventeen (17) weeks with the same illness or injury providing that the return to work was less than twenty (20) consecutive days.

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