Company Pension Sample Clauses

Company Pension. All employees who have completed one (1) full year of service with the Company shall be entitled to participate in the Group Registered Retirement Saving Plan established on January 01, 1998. The Company’s contribution to the Plan will be thirty (30) cents per hour. These contributions will be paid on all hours worked or paid, including overtime hours, but shall not be computed on a premium basis. The Company’s contribution to the Plan will be for employees on the active payroll of the Company only and employees on Workers Compensation, Weekly Indemnity, Long Term Disability or any type of Leave of Absence will be excluded. The employees’ contribution to the Plan will be by Payroll deductions and must match the Company’s contribution. Employees may exceed the minimum to the limit allowed under Federal Legislation. The Plan will provide:
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Company Pension. You will be covered under the Amcor White Cap Company pension scheme for managers, which foresees currently a pension of 1,2% of final base salary per year of service (up to a maximum of 36%). Details will be confirmed in a separate contract. Alternatively, you can elect a private pension arrangement. The Company will pay up to Euro 12.000 per year into such an arrangement. By December 31, 2004 you have to advise us which company pension arrangement you choose.
Company Pension. You will receive a statement of your accrued pension benefits under the Company's Group Personal Pension Plan and the options available to you for dealing with the accrued sums.
Company Pension. The company will continue to pay 15% of the employee’s base salary into the external pension plan with Allianz insurance until December 31, 2021. The Allianz insurance will pay directly to the employee either a lumpsum or a monthly rent after he reaches the retirement age.
Company Pension. The Managing Director will be eligible to an operational pension scheme in its current version.
Company Pension. (1) The parties mutually agree to amend and rephrase Article 4.6 para 2 of the MDEA as follows: “The Annual Pension shall be in the amount of €33.500, and shall be paid in twelve (12) equal monthly installments commencing the month following the month during which the last one of the following conditions has been satisfied:
Company Pension. The Purchasers shall cause the Swiss Company to maintain, for a period of two years following the Closing Date, a pension plan for the Swiss Transferred Employees (including the U.S. Transferred Employees and the UK Transferred Employees who are beneficiaries under the Swiss Pension Plans) which is in the aggregate not less favorable than the plan(s) carried and/or funded by the Swiss Company immediately prior to the Closing Date (the "Swiss Pension Plans"). In any event and for an unlimited period of time, the Purchasers shall cause the Swiss Company to maintain a pension plan for the employees of the Swiss Company in accordance with the statutory minimum requirements under Swiss law. In particular, the Purchasers shall cause the Swiss Company to pay any such contributions and make any such deductions for the payment of such contributions as are required under such pension plans and under the law.
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Company Pension. Plan Upon ratification, eligible employees will have the opportunity to participate in the Company’s group RRSP/DPSP that is administered company wide as per Plan rules. The Union acknowledges the Company’s right to change any and all terms of the Plan at its sole discretion. All bargaining unit employees who have completed three months of continuous service, except participants in the Tricil pension plan, may elect to participate in the company group Registered Retirement Savings Plan. The Company agrees to make available all relevant data regarding the current members in the Tricil Pension Plan. The issues regarding the Tricil Pension Plan will then be dealt with by the joint labor-management committee in order to determine whether or not a full or partial windup is warranted.

Related to Company Pension

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

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