Employees Hired After December. 16, 2014 Employees hired on or after December 16, 2014 will not be eligible for the Defined Benefit Pension Plan as mentioned above in 18.01(e) (i) and will only be eligible to participate in the arrangement set out below. The parties have agreed to a new pension arrangement applicable to eligible bargaining unit employees mentioned in 18.01 (e) (ii) of this agreement (“participating employees).
Employees Hired After December. 23, 1996:There shall be no benefit for employees hired after December 23, 1996.
Employees Hired After December. 31, 2001 Employees hired after December 31, 2001 will receive retiree medical benefits pursuant to the following formula: 10 years of service= 50% of premiums 15 years of service= 75% of premiums 20 years of service= 90% of premiums These premiums will be paid, indexed to the PORAC rate depending on coverage tier selected, not to exceed the level paid to active employees of associated coverage tier. Dental and Vision premiums are to be paid by the retiree. Should the retiree not elect to participate in dental after retirement or cancels coverage, he/she cannot re-elect coverage during open enrollment. Vision is offered for up to 18 months (COBRA) and is paid by the retiree. The City agrees not to change the terms and conditions of retiree health benefits contained in the RHBIG without meeting and conferring with the Association.
Employees Hired After December. Truck Drivers Months Six (6) Months Six (6) Months Thereafter Country Tractor Trailer Maintenance Man Warehouse Man Maintenance, Warehouse and rates will increase in accordance with the Hire Warehouse Employees” yearly percentage increases. The Company agrees that employees hired prior to ratification will not be laid off or have hours reduced solely for the purpose of replacing them with new hires at a lower rate. Wages Appendix All full-time active employees will receive a signing bonus of one thousand five hundred ($1,500.00) dollars payable the next full pay following date of ratification. All part-time active employees will receive a signing bonus of seven hundred and fifty ($750.00) dollars payable the next full pay run following date of ratification. All old hire Warehouse employees will receive a two percent (2%) rate increase on the next full pay period following date of ratification. All old hire Warehouse employees will receive a two percent (2%) rate increase on the next full pay period following December All old hire Warehouse employees will receive a two point five percent (2.5%) rate increase on the next full pay period following December All old hire Warehouse employees will receive a two point five percent (2.5%) rate increase on the next full pay period following December The Company and the Union agree to meet to establish appropriate pay rate when new classifications are introduced. APPENDIX
Employees Hired After December of January January
