EMPLOYEE’S RETIREMENT PLAN Sample Clauses

EMPLOYEE’S RETIREMENT PLAN. 37.8 - Tier II Vesting During the term of this MOU Amendment, in accordance with established practice, the LADWP shall seek approval of the Board of Water and Power Commissioners and the Board of Administration of the Water and Power Employees’ Retirement Plan to reduce the current Tier II pension vesting schedule from ten (10) years to five (5) years.
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EMPLOYEE’S RETIREMENT PLAN. These provisions apply to all Trade and OPT employees, and to benefits accrued on or after January 1, 2005 by Gas Division employees. Additionally, these provisions, except as otherwise modified in Article 10.6
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EMPLOYEE’S RETIREMENT PLAN. Employee: The Employee contributions shall be in accordance with the Carleton University Retirement Plan as amended from time by the Board of Governors of Carleton University on the recommendation of the Pension Committee. Employer: The Employer contributions shall be in accordance with the Carleton University Retirement Plan as amended from time to time by the Board of Governors of Carleton University on the recommendation of the Pension Committee, plus any required contributions to the Minimum Guarantee Fund The Employer and the Union hereby preserve all respective rights and arguments and positions in the event that the Union elects to challenge any future material changes to the Plan, as may be recommended by the Pension Committee from time to time but that the Union considers adverse to employee interests. The Employer further agrees that the Board of Governors cannot make unilateral amendments to the Plan and no amendments to the Plan can be made by the Board of Governors that are not recommended by the pension committee. Amendments can only be made if the following condition is met: the Unions along with all representatives on the Pension Committee be given a 6 month notice of the proposed amendments, and 1 month notice of the draft text of the new Plan language, in writing before the pension committee votes on the proposed amendment. The Employer agrees that the composition of the Carleton University Pension Committee will not change, unless the Pension Committee recommends such change, but in no event shall the Pension Committee be comprised of more non-Union representatives than Union representatives, including 1 representative from Local 2424. Any new CUPE 2424 Representative on the Pension Committee shall be provided a one-time funding support and leave of up to 5 working days, for pension training of their choice to a value of up to three thousand dollars ($3000). Employee: Employer: Supplementary Medical Insurance (v) 25% 75% OHIP (c) 100% Group Life Insurance Plan (c) 20%** 80%** Long Term Disability Insurance (c) 100% University Dental Plan (c)*** 100% Post Retirement Supplementary Medical Insurance Coverage (c)* 100%
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EMPLOYEE’S RETIREMENT PLAN. It is agreed that the Employees' Retirement Plan, as it may be amended from time-to-time, will continue in force for employees of the Company who are covered by the Collective Bargaining Agreement, so long as it shall remain in force, unless in the meantime, the parties hereto should mutually agree, in writing, to enter into some alternative arrangements for the provision of pension benefits to some or all of the employees covered by this Agreement. Notwithstanding the foregoing, the parties have agreed to participate in the non-contributory, flat benefit pension arrangement for the C.A.W. (CAW-ERP) bargaining unit at Weston.
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Related to EMPLOYEE’S RETIREMENT PLAN

  • Public Employees Retirement System “PERS”) Members. For purposes of this Section 1, “employee” means an employee who is employed by the State on August 28, 2003 and who is eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • Post-Retirement Employment Unit members who retire from the University during the term of this Agreement may propose a post-retirement appointment of up to three years duration. During this post-retirement appointment, the total of retirement benefits and post-retirement salary paid by the University shall not exceed the salary paid at the time of retirement. The annual compensation received from the University for the post-retirement appointment shall not exceed fifty (50) percent of the annual salary at the time of retirement. The duties for a post-retirement appointment shall be defined and agreed to in writing by the bargaining unit member and the Employer/University Administration prior to the bargaining unit member's retirement. Such appointments are at the discretion of the Employer/University Administration and are subject to existing law and all rules and regulations of the State Retirement Board. The decision of the Employer/University Administration not to approve a proposal for a post-retirement appointment shall not be grievable under the Grievance and Arbitration Procedure, Article 7.

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

  • REGISTERED RETIREMENT SAVINGS PLAN 1. In this Article:

  • 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.

  • Pre-Retirement Leave An employee scheduled to retire and to receive a superannuation allowance under the applicable Superannuation Act(s), or who has reached the mandatory retiring age, shall be entitled to:

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