Industry Pension Plan Sample Clauses

Industry Pension Plan. A-6.01 Effective on the date of ratification, the Company agrees to contribute fifteen ($0.15) cents into the Canadian Commercial Workers Industry Pension Plan (“CCWIPP”) for all employees in the bargaining unit, for all hours worked or paid, including sick pay, disability benefits, vacations, and general holidays, to a maximum of the basic work week of 40 hours per week.
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Industry Pension Plan. 20.01 The Company agrees to make available to the Employees, the Council of Printing Industries of Canada - The Graphic Communications International Union, Local 100-M Joint Pension Plan.
Sample 1
Industry Pension Plan. Effective December the Company shall be a partici- pant in the Canadian Commercial Workers Industry Pension Plan for all employees covered by this Agreement at a contri- bution of: forty-one (41) cents per hour, and Effective December forty-seven (47) cents per hours. Also effective August and solely to retire any past service liability, a contribution in addition to one or more of the foregoing future service contributions, of per hour. The Company shall contribute in respect of hours paid for time worked and hours paid for time not worked due to sick- ness, vacations and public holidays (excluding Weekly In- demnity). The maximum number of such paid hours in a week for any employee shall be the number of hours in the basic work week pursuant to Article of this Agreement. The maximum pension benefit level under the Plan for service prior to entry into the Plan for employees of the Company shall be per month for each year of credited service with the Company prior to entry into the Plan to a maximum of twenty (20) such years of credited service. The cost of the past service benefit for the Company’s em- ployees who are members of the bargaining unit effective date of entry into the Plan of January and who were members of the Plan prior to August shall be actuarially determined as at the time of entry and at intervals of not more than three (3) years thereafter and shall be paid by the Company to the Fund, on the basis of seven (7) cents per hour paid or worked by employees. A tally of contributionsalong with a list of employees in respect of whom contributions have been made, the amount of the weekly contribution for each employee and the number of hours worked or paid to the above, shall be forwarded by the Compa- ny within the twenty-one (21) days after the close of the Compa- ny’s four (4)week accounting period. The Company shall pay interest at the rate established by the Trustees on all contributions not as stipulated above. The Company shall cease making contributions for past serv- ice benefits immediately that the past service liability is paid. Such contribution shall be retained by the Company. e Company shall sign a participation Agreement with the of the Fund and thereafter is a party to the and Declaration of Trust” establishing the Fund. HEALTH INSURANCE PLAN Effective October the Company shall reimburse employees with five (5) years of service who have worked six hundred (600) hours in the previous calendar year for sev- enty-five percent (7...
Sample 1

Related to Industry Pension Plan

  • Canada Pension Plan All employees shall participate in and contribute to the Canada Pension Plan in accordance with the applicable legislation. The College will contribute to the plan for each employee, to the extent provided for in the applicable legislation.

  • Municipal Pension Plan (i) All newly hired regular employees shall participate under the Municipal Pension Plan, subject to the terms and conditions of such Plan, from their initial date of hire as a regular employee.

  • 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").

  • Oregon Public Service Retirement Plan Pension Program Members For purposes of this Section 2, “employee” means an employee who is employed by the State on or after August 29, 2003 and who is not eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • Pension Plan 15.01 The CLAC Pension Plan (“the Plan”), a defined contribution pension plan, is registered with the Canada Revenue Agency. The Plan applies to all employees covered by this Agreement.

  • Health Benefit Plan Par. 1. The Health Benefit Plan covering life insurance, sickness and accident benefits, and hospitalization insurance, or any changes thereto that are in accordance with the National Elevator Industry Health Benefit Plan and Declaration of Trust, shall be a part of this Agreement and adopted by all parties signatory thereto.

  • Retirement Plan The 2.7% at 55 retirement plan will be available to eligible bargaining unit members covered by this Section 6.1.1.

  • BENEFIT FUND The Trustees are authorized and directed to establish a study committee to review the legality, feasibility and desirability of setting up and maintaining an employee funded Section 125 Flexible Spending Account (FSA). If an FSA is determined to be legal, feasible and desirable in this context, the Trustees are further authorized and directed to establish such an arrangement and offer it to employees covered by this Agreement; provided that the FSA shall not be offered to employees of any Employer who is unwilling or unable to permit employee participation in the FSA.

  • 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:

  • Annuity Plan Teachers will be eligible to participate in a "tax sheltered " Annuity Plan established pursuant to United States Public Law No. 87-370. Annuity deductions shall be made on a semi-monthly basis.

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