Common use of Bridge Benefit Clause in Contracts

Bridge Benefit. (a) The Company shall provide employees with a pension bridge annuity of twenty dollars ($20.00) per month per year of service at age sixty (60) or older who retire prior to attaining age sixty-five (65). The pension bridge benefit will not be payable beyond age sixty-five (65). The calculation of the pension bridge benefit shall be credited on the same basis as under the terms and conditions of the Pulp & Paper Industry Pension Plan. (b) An employee who chooses to retiree at age fifty-five (55) or later shall have access to the bridging benefit paid by the Company when they reach age sixty (60).

Bridge Benefit. (a) The Company shall provide employees with a pension bridge annuity of twenty dollars ($20.00) per month per year of service at age sixty (60) or older who retire prior to attaining age sixty-five sixty-five (65). The pension bridge benefit benefit will not be payable beyond age sixty-five sixty-five (65). The calculation of the pension bridge benefit benefit shall be credited on the same basis as under the terms and conditions of the Pulp & Paper Industry Pension Plan. (b) . An employee who chooses to retiree retire at age fifty-five fifty-five (55) or later shall have access to the bridging benefit benefit paid by the Company when they reach age sixty (60).

Bridge Benefit. (a) The Company shall provide employees with a pension bridge annuity benefit of twenty dollars ($20.00) 20 per month per year of service at age sixty (60) to employees aged 60 or older who retire prior to attaining age sixty-five (65). The pension bridge bridging benefit will not be payable beyond age sixty-five (65). The calculation of the pension bridge benefit shall be credited on the same basis as under the terms and conditions of the Pulp & and Paper Industry Pension Plan. (b) . An employee who chooses to retiree retire at age fifty-five (55) or later shall have access to the bridging benefit paid by the Company when they reach age sixty (60).

Bridge Benefit. (a) The Company shall provide employees with a pension bridge annuity of twenty dollars ($20.00) per month per year of service at age sixty (60) or older who retire prior to attaining age sixty-five (65). The pension bridge benefit will not be payable beyond age sixty-five (65). The calculation of the pension bridge benefit shall be credited on the same basis as under the terms and conditions of the Pulp & Paper Industry Pension Plan. (b) An employee who chooses to retiree retire at age fifty-five (55) or later shall have access to the bridging benefit paid by the Company when they reach age sixty (60).

Bridge Benefit. (a) The Company shall provide employees with a pension bridge annuity of twenty dollars ($20.00) per month per year of service at age sixty (60) or older who retire prior to attaining age sixty-five sixty-five (65). The pension bridge benefit benefit will not be payable beyond age sixty-five sixty-five (65). The calculation of the pension bridge benefit benefit shall be credited on the same basis as under the terms and conditions of the Pulp & Paper Industry Pension Plan. (b) An employee who chooses to retiree at age fifty-five fifty-five (55) or later shall have access to the bridging benefit benefit paid by the Company when they reach age sixty (60).

Bridge Benefit. (a) The Company shall provide employees with employeeswith a pension bridge annuity of twenty dollars ($20.00) per month per year of service at age sixty (60) or older who retire prior to attaining age sixty-five (65). The pension bridge benefit will not be payable beyond age sixty-five (65). The calculation of the pension bridge benefit shall be credited on the same basis as under the terms and conditions of the Pulp & Paper Industry Pension Plan. (b) . An employee who chooses to retiree at age fifty-five (55) or later shall have access to the bridging benefit paid by the Company when they reach age sixty (60).

Bridge Benefit. (a) The Company shall provide employees with a pension bridge annuity of twenty dollars ($20.00820.00) per month per year of service at age sixty (60) or older who retire prior to attaining age sixty-five (65). The pension bridge benefit will not be payable beyond age sixty-five (65). The calculation of the pension bridge benefit shall be credited on the same basis as under the terms and conditions of the Pulp & Paper Industry Pension Plan. (b) . An employee who chooses to retiree retire at age fifty-five (55) or later shall have access to the bridging benefit paid by the Company when they reach age sixty (60).

Bridge Benefit. (a) The Company shall provide employees with a pension bridge annuity of twenty dollars ($20.00) per month per year of service at age sixty (60) or older who retire prior to attaining age sixty-five sixty-five (65). The pension bridge benefit benefit will not be payable beyond age sixty-five sixty-five (65). The calculation of the pension bridge benefit benefit shall be credited on the same basis as under the terms and conditions of the Pulp & Paper Industry Pension Plan. (b) . An employee who chooses to retiree at age fifty-five fifty-five (55) or later shall have access to the bridging benefit benefit paid by the Company when they reach age sixty (60).

Bridge Benefit. (a) The Company shall provide employees with a pension bridge annuity benefit of twenty dollars ($20.00) 20 per month per year of service at age sixty (60) to employees aged 61 or older who retire prior to attaining age sixty-five (65). The pension bridge bridging benefit will shall not be payable beyond age sixty-five (65). The calculation of the pension bridge benefit shall be credited on the same basis as under the terms and conditions of the Pulp & and Paper Industry Pension Plan. (b) An employee who chooses to retiree retire at age fifty-five (55) or later 60 shall have access to the bridging benefit paid by the Company company when they reach age sixty (60)61. Upon the establishment of the fund as provided under Article VII – Wages – a pension bridge benefit from age 60 to 61 will be paid by the fund. The calculation for this benefit shall be in the same manner as provided in the preceding paragraph.