Joint Retirement Board Sample Clauses

Joint Retirement Board. (a) The membership of the Joint Retirement Board will include two (2) employee representatives and a third member who shall be a National Officer or his designee. Three (3) regular meetings will be scheduled each year, including a meeting at which the actuarial valuation and other financial and statistical reports will be presented. Urgent applications for early retirement, which cannot be held up for the regularly scheduled meetings, will be dealt with by a quorum after contacting the Union Representatives by telephone. (b) The Company will arrange and pay transportation and hotel expenses (when necessary) plus $25.00 a day to cover meals and incidental charges for the Union Retirement Board members who are employees. Scheduled days lost will be paid for on the basis of eight (8) hours per day at the employees’ regular rates.
Joint Retirement Board. (a) The membership of the Joint Retirement Board will include two (2) employee representatives and two (2) Company representatives. One regular meeting will be scheduled each year, at which the actuarial valuation and other financial and statistical reports will be presented. Urgent applications for early retirement, which cannot be held up for the regularly scheduled meeting, will be dealt with by a quorum after contacting the Union representatives by telephone.
Joint Retirement Board. (a) Management and Union will have equal joint representation as pension committee members, with independent voting Chairman; (b) The pension plan actuary will be selected by the pension committee and copies of all reports to New St. Marys will be delivered to the Union; (c) Actuarial valuations will be prepared as required by law and annual reports will be delivered by the plan actuaries to the pension committee members; (d) The Company will arrange and pay transportation and hotel expense (when necessary) plus $25.00 a day to cover meals and incidental charges for the Union Retirement Board members who are employees. Scheduled days lost will be paid for on the basis of eight (8) hours per day at the employees' regular rates. 32. WAGE RATES
Joint Retirement Board. The membership of the Joint Retirement Board will include two employee repre- sentatives and a third member who shall be a National Officer or his designee. Three regular meetings will be sched- uled each year, including a meeting at which the actuarial valuation and other financial and statistical reports will be presented. Urgent applications for early retirement, which cannot be held up for the regularly scheduled meet- ings, will be dealt with by a quorum after contacting the Union Representa- tives by telephone. The Company will arrange and pay and hotel expense (when nec- xxxxxx) plus a day to cover meals and incidental charges for the Union Retirement Board members who are employees. Scheduled days lost will be paid for on the basis of eight hours per day at the employees' regular rates. The attached schedule of wage rates (Appendix shall be effective under this agreement. (306) per hour shall be paid for all hours worked on tour or shift occupations between the hours of and midnight and a shift differential of forty cents per hour shall be paid for all hours worked on tour or shift occupations between the hours of midnight and This shift differential shall not apply to day workers on overtime work. Tour and shift workers absent on Xxxx- tions, Holidays with Pay, paid Sick Leave, Leave or Jury shall not be entitled to the night shift differential. When equipment of a type new t o the m i l l or a major change i n the process system results i n the creation of a new job or jobs, every effort w i l l be made to determine a perma- nent rate for the job or jobs within three (3) months of the date a t which the duties and res- ponsibilities are definitely established. It is the Company's responsibility t o decide the necessity for providing replacement foremen. When i t is necessary t o move a man up t o replace an hourly rated xxxxxxx, the Company w i l l pay the rate the job. Men assigned res- i n the absence of a salaried xxxxxxx or a superintendent shall receive a premium of per hour while they are carrying such respon- sibility. Where i n specific cases present policy is more generous than that i n the wording above, then the present policy shall be continued. It is understood that when foremen are absent for one day or more, the Company w i l l set up another man to carry the xxxxxxx'x responsibility during such absence. It is further understood that the Company reserves the right to determine when i t is necessary t o set up a replacement for a su...
Joint Retirement BoardThe Company will arrange and pay transportation and hotel expenses (when necessary) plus $25.00 a day to cover meals and incidental charges for the Union Retirement Board members who are employees. Scheduled days lost will be paid for on the basis of twelve (12) hours or eight (8) hours per day, whichever is applicable, at the employee’s regular rate of pay. Signed this day of , 20 at Thunder Bay, Ontario. Cascades Fine Papers Group Communications, Energy and Thunder Bay Inc. Paperworkers Union, Local 279
Joint Retirement Board. The member- ship of the Joint Retirement Board include two employee representa- xxxxx and a third member who shall be a National Officer or his designee. Three (3) regular meetings will be scheduled each year, including a meet- ing at which the actuarial valuation and other financial and reports will be presented. Urgent applications for early retirement, which cannot be held up for the regu- larly scheduled meetings, will be dealt with by a quorum after contact- ing the Union Representatives by telephones. The Company will and pay transportation and hotel expenses (when necessary) plus a day to cover meals and incidental charges for the Union Board members who are employees. Sched- uled days lost will be paid for on the basis of eight (8) hours per day at the employees' rate:;. Meals An employee who required to work more than two (2) hours beyond the end of his regular shift will bo provided with at hot meal. Thereafter, an additional hot meal will be supplied at four (4) hour intervals unless the fourth (4th) hour completes his work assignment. Punch Cards If the Company changes, amends or alters an employee's punch card for reason, the employee will be notified before the end of the current pay period. Card rates will be updated to reflect the level of operation, permanent promotion or demotion. Metrification The Company will pay the cost of all education related to' the metric system if such education is deemed necessary by the Company. In those cases where an employee already owns a in Imperial measure and the Company requires him to own the equivalent tool in metric measure, the Company will pay for of the cost of required metric tool.

Related to Joint Retirement Board

  • 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.

  • REGISTERED RETIREMENT SAVINGS PLAN 1. In this Article:

  • Public Employees Retirement System “PERS”) Members.

  • 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.

  • 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.

  • Supported Employment Natural Supports

  • 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.

  • Supplemental Retirement Benefits The terms and conditions for the payment of supplemental retirement benefits are set forth in a separate written agreement between the parties.

  • Supplemental Executive Retirement Plan The Executive will participate in the Rockland Trust Supplemental Executive Retirement Plan (“SERP”), a non-qualified plan on terms and conditions and with benefits comparable to those applicable and available to similarly situated executives of the Company.

  • 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.