Common use of Eligibility and Membership Clause in Contracts

Eligibility and Membership. Those individuals who participated in the Pension Plan prior to January 1, 2010 shall continue to participate in the Defined Benefit part of the Pension Plan, both for their services before 2010 and for their services after 1999. All employees starting to participate on, or after, January 1st, 2010 will only be able to participate in the Defined Contribution part of the Pension Plan and on the following basis: Members shall contribute 4% of base hourly wages (up to a maximum of 2080 hours) to the Pension Plan and the Company will contribute a matching amount. In years 2017 to 2020 members will contribute to 5% of base hourly wages (up to a maximum of 2080 hours) to the Pension Plan and the Company will contribute a matching amount. It is understood that wages shall mean actual earnings for work performed, vacation pay, call-in pay and payments for any leave of absence such as, for example, jury duty, crown subpoenaed witness, bereavement pay and payment of statutory holidays. A Member entitled to benefits under a disability plan sponsored by the Company or under Xxxxxx’s Compensation shall be deemed to be in receipt of earnings as determined by the Company. In no event shall earnings for such a Member be less than the annual rate of pay in effect on the Member’s date of disablement. For greater clarity, a Member entitled to benefits under a disability plan sponsored by the Company or under Xxxxxx’s Compensation will not contribute during such period, however, the Company will continue to remit at the rate of contribution in effect immediately prior to his disability (up to a maximum of 2080 hours per year). A defined contribution account balance shall be maintained for each member. The account balance will equal total contributions made by the member and the Company on behalf of the member, plus investment earnings.

Eligibility and Membership. Those individuals who participated in the Pension Plan prior to January 1, 2010 shall continue to participate in the Defined Benefit part of the Pension Plan, both for their services before 2010 and for their services after 1999. All employees starting to participate on, or after, January 1st, 2010 will only be able to participate in the Defined Contribution part of the Pension Plan and on the following basis: Members shall contribute 4% of base hourly wages (up to a maximum of 2080 hours) to the Pension Plan and the Company will contribute a matching amount. In years 2017 to 2020 members will contribute to 5% of base hourly wages (up to a maximum of 2080 hours) to the Pension Plan and the Company will contribute a matching amount. It is understood that wages shall mean actual earnings for work performed, vacation pay, call-in pay and payments for any leave of absence such as, for example, jury duty, crown subpoenaed witness, bereavement pay and payment of statutory holidays. A Member entitled to benefits under a disability plan sponsored by the Company or under XxxxxxWorker’s Compensation shall be deemed to be in receipt of earnings as determined by the Company. In no event shall earnings for such a Member be less than the annual rate of pay in effect on the Member’s date of disablement. For greater clarity, a Member entitled to benefits under a disability plan sponsored by the Company or under XxxxxxWorker’s Compensation will not contribute during such period, however, the Company will continue to remit at the rate of contribution in effect immediately prior to his disability (up to a maximum of 2080 hours per year). A defined contribution account balance shall be maintained for each member. The account balance will equal total contributions made by the member and the Company on behalf of the member, plus investment earnings.

Eligibility and Membership. Those individuals who participated in the Pension Plan prior to January 1, 2010 shall continue to participate in the Defined Benefit part of the Pension Plan, both for their services before 2010 and for their services after 1999. All employees starting to participate on, or after, January 1st, 2010 will only be able to participate in the Defined Contribution part of the Pension Plan and on the following basis: Members shall contribute 4% of base hourly wages (up to a maximum of 2080 hours) to the Pension Plan and the Company will contribute a matching amount. In years 2017 to 2020 2015 and 2016 members will contribute increase contributions to 5% of base hourly wages (up to a maximum of 2080 hours) to the Pension Plan and the Company will contribute a matching amount. It is understood that wages shall mean actual earnings for work performed, vacation pay, call-in pay and payments for any leave of absence such as, for example, jury duty, crown subpoenaed witness, bereavement pay and payment of statutory holidays. A Member entitled to benefits under a disability plan sponsored by the Company or under Xxxxxx’s Compensation shall be deemed to be in receipt of earnings as determined by the Company. In no event shall earnings for such a Member be less than the annual rate of pay in effect on the Member’s date of disablement. For greater clarity, a Member entitled to benefits under a disability plan sponsored by the Company or under Xxxxxx’s Compensation will not contribute during such period, however, the Company will continue to remit at the rate of contribution in effect immediately prior to his disability (up to a maximum of 2080 hours per year). A defined contribution account balance shall be maintained for each member. The account balance will equal total contributions made by the member and the Company on behalf of the member, plus investment earnings.

Eligibility and Membership. Those individuals who participated in the Pension Plan prior to January 1, 2010 shall continue to participate in the Defined Benefit part of the Pension Plan, both for their services before 2010 and for their services after 1999. All employees starting to participate on, or after, January 1st, 2010 will only be able to participate in the Defined Contribution part of the Pension Plan and on the following basis: Members shall contribute 4% of base hourly wages (up to a maximum of 2080 hours) to the Pension Plan and the Company will contribute a matching amount. In years 2017 to 2020 2015 and 2016 members will contribute increase contributions to 5% of base hourly wages (up to a maximum of 2080 hours) to the Pension Plan and the Company will contribute a matching amount. It is understood that wages shall mean actual earnings for work performed, vacation pay, call-in pay and payments for any leave of absence such as, for example, jury duty, crown subpoenaed witness, bereavement pay and payment of statutory holidays. A Member entitled to benefits under a disability plan sponsored by the Company or under XxxxxxWorker’s Compensation shall be deemed to be in receipt of earnings as determined by the Company. In no event shall earnings for such a Member be less than the annual rate of pay in effect on the Member’s date of disablement. For greater clarity, a Member entitled to benefits under a disability plan sponsored by the Company or under XxxxxxWorker’s Compensation will not contribute during such period, however, the Company will continue to remit at the rate of contribution in effect immediately prior to his disability (up to a maximum of 2080 hours per year). A defined contribution account balance shall be maintained for each member. The account balance will equal total contributions made by the member and the Company on behalf of the member, plus investment earnings.