HEALTH AND RETIREMENT Sample Clauses

HEALTH AND RETIREMENT. Reporting Co. Address Account No. Date This sheet is of pages.
Sample 1Sample 2
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HEALTH AND RETIREMENT. The Company agrees to pay the premium costs for the following benefits (unless otherwise stated) as outlined in the benefit booklets.
Sample 1
HEALTH AND RETIREMENT. Many studies have examined the impact of retirement on subsequent health of retirees (Mein et al., 2003; Xxxxxxx & Xxxxxxxxxx, 1994; Xxxxxxxxxx & Xxxxxxxx, 1991; Szinovacz & Xxxxx, 2004; Xxxxx et al., 1991). According to the human capital model for the demand for health (Xxxxxxxx, 1972), health can be viewed as a durable capital stock, and individuals demand health for its consumptive and investment aspects. Health capital increases utility and reduces work loss due to illness. Based on Xxxxxxxx’x theory, the motive to invest in health to raise productivity and earnings would disappear after retirement, and health is therefore expected to decline. However, as Xxxx, Xxxxxx, and Xxxxxxxxxx (2008) pointed out, the effects of retirement depend not only on the the marginal benefits individuals gain from better health changes but also marginal cost of investing in health capital. Since retirement decreases the marginal value of time for retirees, their time cost for investigating in health care activities (for instance, going to a physician, cooking healthy meals, exercising etc.) post-retirement is also decreased. In this case, health is expected to increase after retirement. Therefore, theoretically the effect of retirement on health is ambiguous. Since the question of whether or not retirement influences the subsequent health of retirees has important public policy implications as well as quality of life implications, empirical studies have provided evidence for the effect of retirement on health. Some early studies in the field suffer the problem of Xxxxxxx (2012) finds that retirement significantly increases the risk of being diagnosed with a chronic condition. Particularly, it raises the risk of developing severe cardiovascular disease and being diagnosed with cancer. Risk factors, such as BMI, cholesterol, blood pressure etc., and problems in physical activities are found to be increased after retirement as well. In addition, the study illustrates that retirement worsens self-rated health outcomes and an underlying health stock. Using the data stem from English Longitudinal Study of Ageing (XXXX), she obtains information on the date of diagnosis and retirement. She observes whether individuals retire before or after a new diagnosis is made and eliminates those who retire right after a new diagnosis. In such a way, individuals retired because of health shocks are excluded from the sample, and the reverse causality, that people retire due to bad health, can...
Sample 1
HEALTH AND RETIREMENT. A sum equal to fifteen percent (15%) of the gross compensation paid to persons covered by this Agreement shall be paid by Producer to the AFTRA Health and Retirement Funds as established under and pursuant to the provisions of the AFTRA Health and Retirement Funds Agreement and Declaration of trust dated November 16, 1954 (a copy of which has been supplied to Producer) as the same may be amended from time to time, and to the AFTRA Individual Account Plan. The Trustees of the AFTRA Health and Retirement Funds (the “Funds”)shall be authorized to allocate contributions made to the Funds hereunder between the Health Fund and the Retirement Fund in amounts (expressed in dollars or percentages) that they may consider necessary and appropriate; provided that no amount which has already been paid into the Retirement Fund may be subsequently transferred to the Health Plan, except as permitted by law. The Producer understands and acknowledges that the Trustees of the Funds have always had such authority under prior agreements.
Sample 1
HEALTH AND RETIREMENT. PROPERTIES TRUST, a real ------- estate investment trust formed under the laws of the State of Maryland (together with its successors and assigns, "HRP" or "Senior Creditor"), and (iii) the --- --------------- corporations listed on the signature pages hereto as "SUBORDINATED CREDITORS" (together with their respective successors and assigns, collectively, the "Subordinated Creditors"). ----------------------
Sample 1

Related to HEALTH AND RETIREMENT

  • Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all other savings and retirement plans, practices, policies and programs, in each case on terms and conditions no less favorable than the terms and conditions generally applicable to the Company’s other executive employees.

  • Severance and Retirement Options (i) Where an employee resigns within 30 days after receiving notice of layoff pursuant to article 14.02 (a)(ii) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks' salary for each year of continuous service to a maximum of sixteen (16) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars. (ii) Where an employee resigns later than 30 days after receiving notice pursuant to article 14.02(a)(ii) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of four (4) weeks' salary, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of one thousand two hundred and fifty ($1,250) dollars. (b) Prior to issuing notice of layoff pursuant to article 14.02(a)(ii) in any classification(s), the Hospital will offer early-retirement allowance to a sufficient number of employees eligible for early retirement under HOOPP within the classification(s) in order of seniority, to the extent that the maximum number of employees within a classification who elect early retirement is equivalent to the number of employees within the classification(s) who would otherwise receive notice of layoff under article 14.02(a)(ii). Within thirty (30) days from the date of notice of layoff, an employee who has received notice of layoff of a permanent or long-term nature may retire provided that the employee is eligible to retire under the terms of the Hospitals of Ontario Pension Plan. An employee who chooses this option forfeits her right to notice and will receive severance pay on the basis of two (2) weeks’ pay for each year of service with the Hospital to a maximum of fifty-two (52) weeks on the basis of the employees normal weekly earnings. In addition, full-time employees will receive a lump sum payment equal to $1,000.00 for every year less than age 65, to a maximum of $5,000.00.

  • Resignation and Retirement Any Trustee may resign his trust or retire as a Trustee, by written instrument signed by him and delivered to the other Trustees or to any officer of the Trust, and such resignation or retirement shall take effect upon such delivery or upon such later date as is specified in such instrument.

  • Incentive, Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with incentive opportunities (measured with respect to both regular and special incentive opportunities, to the extent, if any, that such distinction is applicable), savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies and programs as in effect at any time during the 120-day period immediately preceding the Effective Date or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

  • Pre-Retirement Leave An Employee scheduled to retire and to receive a superannuation allowance under the applicable pension Acts or who has reached the mandatory retiring age, shall be entitled to: (a) A special paid leave for a period equivalent to fifty percent (50%) of his/her accumulated sick leave credit, to be taken immediately prior to retirement; or (b) A special cash payment of an amount equivalent to the cash value of fifty percent (50%) of his/her accumulated sick leave credit, to be paid immediately prior to retirement and based upon his/her current rate of pay.

  • Disability Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

  • Retirement Retirement" shall mean voluntary termination by the Executive in accordance with the Employers' retirement policies, including early retirement, generally applicable to their salaried employees.

  • Pre-Retirement Counseling Leave Each employee within four (4) years of chosen retirement age or date shall be granted, on a one-time basis, up to three and one-half (3-1/2) days leave with pay to pursue bona fide pre-retirement programs. Employees shall request the use of leave provided in this Section at least five (5) days prior to the intended day of use.

  • Death, Disability or Retirement Subject to the provisions of Section 1 hereof, this Agreement shall terminate automatically upon the Executive's death, termination due to "Disability" (as defined below) or voluntary retirement under any of the Company's retirement plans as in effect from time to time. For purposes of this Agreement, Disability shall mean the Executive has met the conditions to qualify for long-term disability benefits under the Company's policies, as in effect immediately prior to the Effective Date.

  • Transition to Retirement 24.1 An Employee may advise their Employer in writing of their intention to retire within the next five years and participate in a retirement transition arrangement. 24.2 Transition to retirement arrangements may be proposed and, where agreed, implemented as: (a) a flexible working arrangement (see clause 16 (Flexible Working Arrangements)); (b) in writing between the parties; or (c) any combination of the above. 24.3 A transition to retirement arrangement may include but is not limited to: (a) a reduction in their EFT; (b) a job share arrangement; or (c) working in a position at a lower classification or rate of pay. 24.4 The Employer will consider, and not unreasonably refuse, a request by an Employee who wishes to transition to retirement: (a) to use accrued Long Service Leave (LSL) or Annual Leave for the purpose of reducing the number of days worked per week while retaining their previous employment status; or (b) to be appointed to a role which that has a lower hourly rate of pay or hours (post transition role), in which case: (i) the Employer will preserve the accrual of LSL at the time of reduction in salary or hours; and (ii) where LSL is taken or paid out in lieu on termination, the Employee will be paid LSL hours at the applicable classification and grade, and at the preserved hours, prior to the post transition role until the preserved LSL hours are exhausted.

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