HEALTH AND RETIREMENT Sample Clauses

HEALTH AND RETIREMENT. Reporting Co. Address Account No. Date This sheet is of pages.
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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. The Company agrees to pay the premium costs for the following benefits (unless otherwise stated) as outlined in the benefit booklets.
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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
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

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.

  • 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.

  • Death, Disability, Retirement This Agreement shall terminate upon the death, disability or retirement of Executive. As used in this Agreement, the term "disability" shall mean Executive's inability, as a result of physical or mental incapacity, to substantially perform his duties with the Bank for a period of 180 consecutive days. Any question as to the existence of Executive's disability upon which the Executive and the Bank cannot agree shall be determined by a qualified independent physician mutually agreeable to Executive and the Bank or, if the parties are unable to agree upon a physician within ten (10) days after notice from either to the other suggesting a physician, by a physician designated by the then president of the medical society for the county in which Executive maintains his principal residence, upon the request of either party. The costs of any such medical examination shall be borne by the Bank. If Executive is terminated due to disability he shall be paid 100% of his Base Salary at the rate in effect at the time notice of termination is given for the remainder of the Employment Term, payable in substantially equal monthly installments less, in each case, any disability payments otherwise payable under plans provided by the Bank for disability or any governmental social security or workers compensation program, and actually paid to Executive in substantially equal monthly installments.

  • 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.

  • 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.

  • 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.

  • Death, Retirement or Disability Executive’s employment shall terminate automatically upon Executive’s death or Retirement during the Employment Period. For purposes of this Agreement, “Retirement” shall mean normal retirement as defined in the Company’s then-current retirement plan, or if there is no such retirement plan, “Retirement” shall mean voluntary termination after age 65 with ten years of service. If the Company determines in good faith that the Disability of Executive has occurred during the Employment Period (pursuant to the definition of Disability set forth below), it may give to Executive written notice of its intention to terminate Executive’s employment. In such event, Executive’s employment with the Company shall terminate effective on the 30th day after receipt of such written notice by Executive (the “Disability Effective Date”), provided that, within the 30 days after such receipt, Executive shall not have returned to full-time performance of Executive’s duties. For purposes of this Agreement, “Disability” shall mean a mental or physical disability as determined by the Board of Directors of the Company in accordance with standards and procedures similar to those under the Company’s employee long-term disability plan, if any. At any time that the Company does not maintain such a long-term disability plan, “Disability” shall mean the inability of Executive, as determined by the Board, to perform the essential functions of his regular duties and responsibilities, with or without reasonable accommodation, due to a medically determinable physical or mental condition which has lasted (or can reasonably be expected to last) for twelve workweeks in any twelve-month period. At the request of Executive or his personal representative, the Board’s determination that the Disability of Executive has occurred shall be certified by two physicians mutually agreed upon by Executive, or his personal representative, and the Company. Failing such independent certification (if so requested by Executive), Executive’s termination shall be deemed a termination by the Company without Cause and not a termination by reason of his Disability.

  • 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:

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