Company Contributions. 32.1.1 The Company will make contributions on the Employee’s behalf to a complying superannuation fund which meets the Company’s statutory obligations under applicable superannuation legislation.
32.1.2 To avoid doubt, for an Employee working a roster with rostered overtime, the Company is only required to pay superannuation on the Ordinary Time Earnings component of the Annualised Wage.
Company Contributions. The Company shall continue to make a Company Contribution for Plan Years 2017, 2018 and 2019, on the same terms and conditions set forth in the Participant Agreement, with the performance metrics and targets in connection with such Company Contributions for such Plan Years to be established in the sole discretion of the Committee, following consultation with the Chief Executive Officer of the Company.
Company Contributions. The company shall pay the full premium for the applicable coverage of an employee under the group insurance contract:
(a) for any month he/she receives pay from the company for any time during such month, and
(b) for life insurance provided after the month in which the employee becomes age 65 if he/she is insured at age 65. The company shall also pay the full premium for the applicable coverages for periods during which coverages are continued under section 14 without cost to the employee and shall pay the portions of the premium not covered by employee contributions for periods during which coverages are continued under section 14 by employee contributions.
Company Contributions. For the initial Plan Year and for each Plan Year thereafter, the Companies shall make contributions to the Trust in one (1) or more installments in such amounts as the Board of Directors of the Bank may determine. If Company contributions are paid to the Trust by reason of a mistake in fact made in good faith or a mistake made in good faith in determining the deductibility of such Company contributions for federal income tax purposes under Section 404 of the Code, such Company contributions may, except as otherwise provided in Section 8.7, be returned to the Companies by the Trustee (upon the written direction of the Committee) within one (1) year after the payment to the Trust or after the date the federal income tax deduction is denied, whichever is applicable.
Company Contributions. For each employee enrolled in the Pension Plan, the Company shall contribute the equivalent of three and a half percent (3.5%) in Alberta and Manitoba / Saskatchewan and three percent (3%) in all other agreements of his/her earnings as defined in the Collective Agreement.
Company Contributions. 11 Section 3.1. Company Contributions.......................11 Section 3.2. Form of Contributions.......................12 Section 3.3. Holding by Trustee..........................12 Section 3.4. Expenses....................................12 Section 3.5.
Company Contributions. (a) The Company will contribute to the fund on behalf of all employees without exception 9% of employees’ ordinary time earnings.
(b) The Company shall provide each employee upon commencement of employment, membership forms of the Fund and shall forward the completed membership form to the Fund within 14 days.
(c) Payments shall be made on a four week basis and cover pay periods completed in that time.
(d) All employees have the right to choose the fund (out of the two listed in clause 26.2) in respect of all superannuation contributions made on their behalf.
Company Contributions. 3.10.7.1 The Company contributions to the BIRST Fund on behalf of each eligible employee will be $55.00 per week less the cost of the premium for the provision of income maintenance insurance.
3.10.7.2 Where an employee has accrued at least an amount of $8,000.00 in the BIRST Fund the employee may request that; • The amount in excess of $8,000.00 be transferred to the employee’s superannuation fund; and • The company contribute $10.00 per week to the BIRST Fund and the balance of the weekly contribution set out in clause 3.10.7.1 to the employee’s superannuation fund.
3.10.7.3 A worker who is absent on unauthorised leave or authorised unpaid leave on any day or part thereof during the designated pay week shall not be entitled to have any contributions made to the Fund in respect to that particular week.
Company Contributions a) For employees hired, re-hired, or transferred into CWA 3871 before July 1, 2015, the Company shall contribute a Company Matching Contribution equal to twenty-five percent (25%) of the Participant’s Contribution, up to a maximum of six percent (6%) of eligible wage.
Company Contributions. (a) The Company may contribute a Company Matching Contribution in accordance with the same matching contribution formula under the CenturyLink Dollars & Sense 401(k) Plan for Non-Bargaining Employees as soon as administratively feasible.
