Common use of Continuation of Benefits on Early Retirement Clause in Contracts

Continuation of Benefits on Early Retirement. (a) Subject to eligibility requirements as specified by the carriers, an employee who takes early retirement on a pension pursuant to the OMERS Plan (with payments to begin within two (2) months of the employee’s retirement date), may retain membership in any of the benefit plans to which he/she belongs at the time of retirement until he/she attains the age of sixty-five (65) years.

Appears in 13 contracts

Samples: The Agreement, The Agreement, The Agreement

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Continuation of Benefits on Early Retirement. (a) Subject to eligibility requirements as specified by the carriers, an employee Employee who takes early retirement on a pension pursuant to the OMERS or the Teacher’s Pension Plan (with payments to begin within two (2) months of the employeeEmployee’s retirement date), may retain membership in any of the benefit plans to which he/she belongs at the time of retirement until he/she attains the age of sixty-five (65) years.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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Continuation of Benefits on Early Retirement. (a) Subject to eligibility requirements as specified by the carriers, an employee Employee who takes early retirement on a pension pursuant to the OMERS or the Teacher’s Pension Plan (with payments to begin within two (2) months of the employeeEmployee’s retirement date), may retain membership in any of the benefit plans to which he/she belongs at the time of retirement until he/she attains the age of sixty-five (65) years.five

Appears in 1 contract

Samples: Collective Agreement

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