ELIGIBILITY FOR RETIREMENT AND AMOUNT OF PENSION Sample Clauses

ELIGIBILITY FOR RETIREMENT AND AMOUNT OF PENSION. 1.01 NORMAL RETIREMENT
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ELIGIBILITY FOR RETIREMENT AND AMOUNT OF PENSION. Amount of Pension Allowance Employee Contribution Credited Service Administration General Provisions Financing Undertakings Effective Date, Duration, Termination THIS AGREEMENT made and entered into this day of March BETWEEN: CANADA CORDAGE INC. (hereinafter referred to as the "Company") THE UNITED STEELWORKERS OF AMERICA (hereinafter referred to as the "Union") It is the mutual desire of the contracting parties to cooperation and harmony and to provide an amicable method of settling any dispute or grievance that might arise between them. The Company recognizes the Union as the exclusive Bargaining Agent for all the employees of the Company in the Regional Municipality of Waterloo save and except foremen, persons above the rank of foremen, office and sales staff. The Company agrees that persons outside the scope of the Bargaining Unit shall not normally perform Bargaining Unit work except for purposes of experimentation, instruction, testing, emergency or in the absence of regular Bargaining Unit employees. The Company and the Union agree that there shall be no discrimination, interference, restraint or coercion of any sort practised by either representatives of the Company or representatives of the Union. The Company recognizes and will not interfere with the right of its employees to become members of the Union. There shall be no discrimination, interference, restraint or coercion by the Company or any of its agents against any employee subject to this Agreement because of membership in the Union. The Union will not engage in Union activities during working hours or hold meetings at any time on the premises of the Company unless permitted by this Agreement. The Union acknowledges that it is the exclusive of the Company, except as expressly modified by any other Articles of this Agreement, to: Maintain discipline and efficiency Hire, retire, classify, direct, transfer, promote, demote, layoff, discipline, suspend or discharge provided that a claim that an employee has been unjustly discharged or disciplined, may be the subject of a grievance and be dealt with as hereinafter provided; Generally manage the individual enterprise in which the Company is engaged and, without restricting the generality of the foregoing, to determine the number and location of plants, the products to be manufactured or handled, the methods of manufacturing, the determination or work to be performed, the schedules of production and work, the kinds and locations of machines, tools...
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Related to ELIGIBILITY FOR RETIREMENT AND AMOUNT OF PENSION

  • Maintaining Eligibility for Employer Contribution The employer's contribution continues as long as the employee remains on the payroll in an insurance eligible position. Employees who complete their regular school year assignment shall receive coverage through August 31.

  • Deferred Retirement a. An employee who, upon separation from County service, is eligible for paid retirement and elects deferred retirement must defer participation in the Grant until such time as he or she becomes an active retiree.

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • Eligibility for Employer Contribution This section describes eligibility for an Employer Contribution toward the cost of coverage.

  • Broad Participation Retirement Fund A fund established in The Bahamas to provide retirement, disability, or death benefits, or any combination thereof, to beneficiaries that are current or former employees (or persons designated by such employees) of one or more employers in consideration for services rendered, provided that the fund:

  • Defined Benefit Pension Plan 1. The Employer and the Union hereby agree to the continuation of the existing Northern California Glaziers, Architectural Metal and Glass Workers Pension Trust Agreement ("Defined Benefit Pension Trust").

  • Pension Contributions While on Short Term Disability Contributions for OMERS Plan Members When an employee/plan member is on short-term sick leave and receiving less than 100% of regular salary, the Board will continue to deduct and remit OMERS contributions based on 100% of the employee/plan member’s regular pay.

  • Normal Retirement Unless Separation from Service or a Change in Control occurs before Normal Retirement Age, when the Executive attains Normal Retirement Age the Bank shall pay to the Executive the benefit described in this section 2.1 instead of any other benefit under this Agreement. If the Executive’s Separation from Service thereafter is a Termination with Cause or if this Agreement terminates under Article 5, no further benefits shall be paid.

  • Vacation Pay on Retirement Termination is as follows:

  • Normal Retirement Date The date on which the Executive attains age sixty-five (65).

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