Common use of LETTER OF UNDERSTANDING REGARDING FOUNDRY CREDITS Clause in Contracts

LETTER OF UNDERSTANDING REGARDING FOUNDRY CREDITS. Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 Dear Xx. Xxxxxx: During the 1993 negotiations, the parties (the Employer, GM and the Union) agreed to continue the foundry credit provisions that were in effect at GM before Securitas acquired the GM security division. The provisions at GM allowed employees to acquire additional credited service for periods of employment at a foundry location. The provisions for additional credited service are now prohibited by Revenue Canada. However, to be consistent with the intent of these provisions, it has been agreed that the employees should be compensated for the loss of these provisions. In other words, such employees should be entitled to the same benefits with respect to credited service and eligibility as if Revenue Canada did not prevent the accrual of this additional service. To further clarify, eligibility for early retirement benefits, such as an enhanced immediate pension, the supplementary benefit and the special allowance, will be based upon service that includes these additional credits. However, if eligibility for any of these early retirement benefits was met by including these additional credits but would not be met if the additional credits were not included, the early retirement benefit(s) must be paid outside the pension fund. The parties agreed that, at termination, retirement or death, the employees will receive a lump sum payment of the commuted value of the above-described additional benefits (due to additional service and/or eligibility) to the extent that these additional benefits cannot be paid from the pension fund. The commuted value shall be calculated on the basis specified in the Canadian Institute of Actuaries Recommendations for the Computation of Transfer Values from Registered Pension Plans (effective September 1, 1993) or, if this is no longer in effect, the generally accepted actuarial practice applicable to the determination of commuted values at the calculation date. To the extent allowed by the Income Tax Act (Canada) and its Regulations, the lump sum will be paid as a retiring allowance which may allow for some or all to be deposited to a Registered Retirement Savings Plan or to a Registered Retirement Income Fund. The Employer will only be responsible for the payment of the commuted value of the additional benefits that is applicable to the credited service since October 30, 1993 and that was accrued while a member of the Securitas Retirement Program for GM Site Employees. If it is later determined that there are issues that need to be addressed with respect to this agreement, the parties will meet to determine a mutually satisfactory resolution. Yours truly, Xxxx Xxxxxx Accepted and Approved: Vice-president of Finance Xxxxx Xxxxxx Securitas Canada Limited National Representative CAW/TCA OCCUPATIONALLY DISABLED PENSION BENEFIT Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 Dear Xx. Xxxxxx: Where an Employee retires with an Occupationally Disabled pension, the Employer agrees to pay the benefits that would be applicable if the Employee had retired with a Totally and Permanently Disabled pension. The Employer agrees to pay to such Employee, the amount of reduction applicable to the Occupational Disabled pension that would not be applicable to the Totally and Permanently Disabled pension, monthly as the payments come due. (These additional payments will be made from the general revenues of the Employer.) At the earlier of the Employee’s normal retirement date and the date at which employment is severed, the Employer agrees to pay to such Employee in one lump sum payment the commuted value of the remaining required reduction amounts. The payment could be treated as a retiring allowance to the extent allowed under the Income Tax Act. The determination of the commuted value will be made using the calculation basis specified in the Canadian Institute of Actuaries Recommendations for the Computation of Transfer Values from Registered Pension Plans (September 1, 1993) or, if no longer in effect, the generally accepted actuarial practice in effect on the calculation date. Notes: It is not completely clear in the Income Tax Act, but it seems a retiring allowance cannot be paid until there is a loss of employment. Is the Employee terminated at start of disability? If not, the above amended version may be necessary to allow a retiring allowance. Yours truly, Xxxx Xxxxxx Vice-president of Finance Securitas Canada Limited DRY-CLEANING AT OSHAWA LOCATIONS Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 Dear Xx. Xxxxxx: The Company shall assume all uniform dry-cleaning costs for employees working at all locations in accordance with the local agreements, and in the case of Oshawa, in accordance with the 1994 Oshawa local agreement. Yours very truly, Xxxx Xxxxxxx General Manager Securitas Canada Limited BANKED OVERTIME Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 Dear Xx. Xxxxxx: Where a PSO works overtime and chooses to bank such overtime hours worked, the Company will pay the PSO the applicable shift premium, if any, for the overtime hours worked on the next regular pay cheque as if the PSO had chosen not to bank said overtime. The banked overtime when taken will be paid out at the rate earned in all locations. Yours very truly, Xxxx Xxxxxxx General Manager Securitas Canada Limited GM RETIREMENT BENEFITS Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 Dear Xx. Xxxxxx: This will confirm that it is the Employer’s understanding that at the time of retirement, ex-GM employees who are employed by the Employer will receive their GM retirement benefit based on the benefit rates in effect under the GM Retirement Program at the employee’s retirement. To the extent the Union deems it necessary the Employer will join the Union in requesting GM to confirm its intention to the Union in writing. Yours very truly, Xxxx Xxxxxx Vice-president of Finance Securitas Canada Limited VIOLENCE AGAINST WOMEN Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 Dear Xx. Xxxxxx: This will confirm that the parties recognize and share the concern that women uniquely face situations of violence or abuse in their personal lives that may affect their attendance or performance at work. The parties agree that when there is adequate verification from a recognized professional (i.e. doctor, lawyer, professional counsellor), a woman who is in an abusive or violent personal or domestic situation will not be subjected to discipline without giving full consideration to the facts in the case of each individual and the circumstances surrounding the incident otherwise supportive of discipline. This statement of intent is subject to a standard of good faith on the part of the Employer, the Union and the affected employees and will not be utilized by the Union or the Employer to subvert the application of otherwise appropriate disciplinary measures. Xxxx Xxxxxxx Xxxxx Xxxxxx General Manager National Representative Securitas Canada Limited CAW/TCA Canada Xx. Xxxxx Xxxxxx National Representative Canadian Auto Workers/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 Dear Xx. Xxxxxx:

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

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LETTER OF UNDERSTANDING REGARDING FOUNDRY CREDITS. Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 Dear Xx. Xxxxxx: During the 1993 negotiations, the parties (the Employer, GM and the Union) agreed to continue the foundry credit provisions that were in effect at GM before Securitas acquired the GM security division. The provisions at GM allowed employees to acquire additional credited service for periods of employment at a foundry location. The provisions for additional credited service are now prohibited by Revenue Canada. However, to be consistent with the intent of these provisions, it has been agreed that the employees should be compensated for the loss of these provisions. In other words, such employees should be entitled to the same benefits with respect to credited service and eligibility as if Revenue Canada did not prevent the accrual of this additional service. To further clarify, eligibility for early retirement benefits, such as an enhanced immediate pension, the supplementary benefit and the special allowance, will be based upon service that includes these additional credits. However, if eligibility for any of these early retirement benefits was met by including these additional credits but would not be met if the additional credits were not included, the early retirement benefit(s) must be paid outside the pension fund. The parties agreed that, at termination, retirement or death, the employees will receive a lump sum payment of the commuted value of the above-described additional benefits (due to additional service and/or eligibility) to the extent that these additional benefits cannot be paid from the pension fund. The commuted value shall be calculated on the basis specified in the Canadian Institute of Actuaries Recommendations for the Computation of Transfer Values from Registered Pension Plans (effective September 1, 1993) or, if this is no longer in effect, the generally accepted actuarial practice applicable to the determination of commuted values at the calculation date. To the extent allowed by the Income Tax Act (Canada) and its Regulations, the lump sum will be paid as a retiring allowance which may allow for some or all to be deposited to a Registered Retirement Savings Plan or to a Registered Retirement Income Fund. The Employer will only be responsible for the payment of the commuted value of the additional benefits that is applicable to the credited service since October 30, 1993 and that was accrued while a member of the Securitas Retirement Program for GM Site Employees. If it is later determined that there are issues that need to be addressed with respect to this agreement, the parties will meet to determine a mutually satisfactory resolution. Yours truly, Xxxx Xxxxxx Accepted and Approved: Xxxx Xxxxxx Xxxxx Xxxxxx Vice-president of Finance Xxxxx Xxxxxx National Representative Securitas Canada Limited National Representative CAW/TCA OCCUPATIONALLY DISABLED PENSION BENEFIT Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 Dear Xx. Xxxxxx: Where an Employee retires with an Occupationally Disabled pension, the Employer agrees to pay the benefits that would be applicable if the Employee had retired with a Totally and Permanently Disabled pension. The Employer agrees to pay to such Employee, the amount of reduction applicable to the Occupational Disabled pension that would not be applicable to the Totally and Permanently Disabled pension, monthly as the payments come due. (These additional payments will be made from the general revenues of the Employer.) At the earlier of the Employee’s normal retirement date and the date at which employment is severed, the Employer agrees to pay to such Employee in one lump sum payment the commuted value of the remaining required reduction amounts. The payment could be treated as a retiring allowance to the extent allowed under the Income Tax Act. The determination of the commuted value will be made using the calculation basis specified in the Canadian Institute of Actuaries Recommendations for the Computation of Transfer Values from Registered Pension Plans (September 1, 1993) or, if no longer in effect, the generally accepted actuarial practice in effect on the calculation date. Notes: It is not completely clear in the Income Tax Act, but it seems a retiring allowance cannot be paid until there is a loss of employment. Is the Employee terminated at start of disability? If not, the above amended version may be necessary to allow a retiring allowance. Yours truly, Xxxx Xxxxxx Vice-president of Finance Securitas Canada Limited DRY-CLEANING AT OSHAWA LOCATIONS Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 Dear Xx. Xxxxxx: The Company shall assume all uniform dry-cleaning costs for employees working at all locations in accordance with the local agreements, and in the case of Oshawa, in accordance with the 1994 Oshawa local agreement. Yours very truly, Xxxx Xxxxxxx General Manager Securitas Canada Limited BANKED OVERTIME Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 Dear Xx. Xxxxxx: Where a PSO works overtime and chooses to bank such overtime hours worked, the Company will pay the PSO the applicable shift premium, if any, for the overtime hours worked on the next regular pay cheque as if the PSO had chosen not to bank said overtime. The banked overtime when taken will be paid out at the rate earned in all locations. Yours very truly, Xxxx Xxxxxxx General Manager Securitas Canada Limited GM RETIREMENT BENEFITS Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 Dear Xx. Xxxxxx: This will confirm that it is the Employer’s Employers understanding that at the time of retirement, ex-GM employees who are employed by the Employer will receive their GM retirement benefit based on the benefit rates in effect under the GM Retirement Program at the employee’s retirement. To the extent the Union deems it necessary the Employer will join the Union in requesting GM to confirm its intention to the Union in writing. Yours very truly, Xxxx Xxxxxx Vice-president of Finance Securitas Canada Limited VIOLENCE AGAINST WOMEN Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 Dear Xx. Xxxxxx: This will confirm that the parties recognize and share the concern that women uniquely face situations of violence or abuse in their personal lives that may affect their attendance or performance at work. The parties agree that when there is adequate verification from a recognized professional (i.e. doctor, lawyer, professional counsellor), a woman who is in an abusive or violent personal or domestic situation will not be subjected to discipline without giving full consideration to the facts in the case of each individual and the circumstances surrounding the incident otherwise supportive of discipline. This statement of intent is subject to a standard of good faith on the part of the Employer, the Union and the affected employees and will not be utilized by the Union or the Employer to subvert the application of otherwise appropriate disciplinary measures. Xxxx Xxxxxxx Xxxxx Xxxxxx General Manager National Representative Securitas Canada Limited CAW/TCA Canada Xx. Xxxxx Xxxxxx National Representative Canadian Auto Workers/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 Dear Xx. Xxxxxx:Canada

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

LETTER OF UNDERSTANDING REGARDING FOUNDRY CREDITS. Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 Dear Xx. Xxxxxx: During the 1993 negotiations, the parties (the Employer, GM and the Union) agreed to continue the foundry credit provisions that were in effect at GM before Securitas acquired the GM security division. The provisions at GM allowed employees to acquire additional credited service for periods of employment at a foundry location. The provisions for additional credited service are now prohibited by Revenue Canada. However, to be consistent with the intent of these provisions, it has been agreed that the employees should be compensated for the loss of these provisions. In other words, such employees should be entitled to the same benefits with respect to credited service and eligibility as if Revenue Canada did not prevent the accrual of this additional service. To further clarify, eligibility for early retirement benefits, such as an enhanced immediate pension, the supplementary benefit and the special allowance, will be based upon service that includes these additional credits. However, if eligibility for any of these early retirement benefits was met by including these additional credits but would not be met if the additional credits were not included, the early retirement benefit(s) must be paid outside the pension fund. The parties agreed that, at termination, retirement or death, the employees will receive a lump sum payment of the commuted value of the above-described additional benefits (due to additional service and/or eligibility) to the extent that these additional benefits cannot be paid from the pension fund. The commuted value shall be calculated on the basis specified in the Canadian Institute of Actuaries Recommendations for the Computation of Transfer Values from Registered Pension Plans (effective September 1, 1993) or, if this is no longer in effect, the generally accepted actuarial practice applicable to the determination of commuted values at the calculation date. To the extent allowed by the Income Tax Act (Canada) and its Regulations, the lump sum will be paid as a retiring allowance which may allow for some or all to be deposited to a Registered Retirement Savings Plan or to a Registered Retirement Income Fund. The Employer will only be responsible for the payment of the commuted value of the additional benefits that is applicable to the credited service since October 30, 1993 and that was accrued while a member of the Securitas Retirement Program for GM Site Employees. If it is later determined that there are issues that need to be addressed with respect to this agreement, the parties will meet to determine a mutually satisfactory resolution. Yours truly, Xxxx Xxxxxx Accepted and Approved: Vice-president of Finance Xxxxx Xxxxxx Securitas Canada Limited National Representative CAW/TCA OCCUPATIONALLY DISABLED PENSION BENEFIT Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 Dear Xx. Xxxxxx: Where an Employee retires with an Occupationally Disabled pension, the Employer agrees to pay the benefits that would be applicable if the Employee had retired with a Totally and Permanently Disabled pension. The Employer agrees to pay to such Employee, the amount of reduction applicable to the Occupational Disabled pension that would not be applicable to the Totally and Permanently Disabled pension, monthly as the payments come due. (These additional payments will be made from the general revenues of the Employer.) At the earlier of the Employee’s normal retirement date and the date at which employment is severed, the Employer agrees to pay to such Employee in one lump sum payment the commuted value of the remaining required reduction amounts. The payment could be treated as a retiring allowance to the extent allowed under the Income Tax Act. The determination of the commuted value will be made using the calculation basis specified in the Canadian Institute of Actuaries Recommendations for the Computation of Transfer Values from Registered Pension Plans (September 1, 1993) or, if no longer in effect, the generally accepted actuarial practice in effect on the calculation date. Notes: It is not completely clear in the Income Tax Act, but it seems a retiring allowance cannot be paid until there is a loss of employment. Is the Employee terminated at start of disability? If not, the above amended version may be necessary to allow a retiring allowance. Yours truly, Xxxx Xxxxxx Vice-president of Finance Securitas Canada Limited DRY-CLEANING AT OSHAWA LOCATIONS Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 Dear Xx. Xxxxxx: The Company shall assume all uniform dry-cleaning costs for employees working at all locations in accordance with the local agreements, and in the case of Oshawa, in accordance with the 1994 Oshawa local agreement. Yours very truly, Xxxx Xxxxxxx General Manager Securitas Canada Limited BANKED OVERTIME Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 Dear Xx. Xxxxxx: Where a PSO works overtime and chooses to bank such overtime hours worked, the Company will pay the PSO the applicable shift premium, if any, for the overtime hours worked on the next regular pay cheque as if the PSO had chosen not to bank said overtime. The banked overtime when taken will be paid out at the rate earned in all locations. Yours very truly, Xxxx Xxxxxxx General Manager Securitas Canada Limited GM RETIREMENT BENEFITS Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 Dear Xx. Xxxxxx: This will confirm that it is the Employer’s understanding that at the time of retirement, ex-GM employees who are employed by the Employer will receive their GM retirement benefit based on the benefit rates in effect under the GM Retirement Program at the employee’s retirement. To the extent the Union deems it necessary the Employer will join the Union in requesting GM to confirm its intention to the Union in writing. Yours very truly, Xxxx Xxxxxx Vice-president of Finance Securitas Canada Limited SPA WEEK Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 Dear Xx. Xxxxxx: During the course of recent negotiations, the Union and the Employer mutually agreed to establish the provision of additional paid time off during the term of the next collective agreement, which will commence on April 1st, 2006, in the format of a “Special Paid Absence” for certain qualified employees represented by the Union. The purpose of this correspondence will serve to set out the basic principles that have been set out by the parties in concept format in an attempt to format the SPA program. The employer will provide all qualifying PSOs one week of Scheduled Paid Absences (“SPA Week”) for each year between April 1, 2006 and March 31, 2009. For the purposes of this letter, a qualifying PSO (“PSO”) is a PSO who will have at least one year of seniority as at April 1, 2006, April 1, 2007, or April 1, 2008, as applicable. The parties agree that the key principles that will apply in the application of the SPA week are as follows: • PSO’s will choose their SPA Week in order of seniority by site. A SPA Week will effectively be limited to a block of 40 consecutively scheduled hours. • Once a particular week is chosen at a particular site, it may not be chosen by another PSO. • SPA Weeks will not be granted during the months of July and August. • SPA Week elections will be submitted to the Employer in writing on or before May 1, 2006 for the SPA week for the first year of this Agreement, and March 1, 2007 and March 1, 2008 for the second and third years of this Agreement. Once an election is made, it cannot be changed or exchanged with another employee. • In the event that a PSO is off work on approved short-term disability or WSIB during the SPA Week that was elected, the PSO may choose an available replacement week in the year in which the SPA week may be taken. If a PSO is on lay-off status during the SPA week that was elected, an equivalent amount will be paid out at that time subject to laid-off eligibility requirements. Xxxx Xxxxxxx General Manager Securitas Canada Limited VIOLENCE AGAINST WOMEN Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 Dear Xx. Xxxxxx: This will confirm that the parties recognize and share the concern that women uniquely face situations of violence or abuse in their personal lives that may affect their attendance or performance at work. The parties agree that when there is adequate verification from a recognized professional (i.e. doctor, lawyer, professional counsellor), a woman who is in an abusive or violent personal or domestic situation will not be subjected to discipline without giving full consideration to the facts in the case of each individual and the circumstances surrounding the incident otherwise supportive of discipline. This statement of intent is subject to a standard of good faith on the part of the Employer, the Union and the affected employees and will not be utilized by the Union or the Employer to subvert the application of otherwise appropriate disciplinary measures. Xxxx Xxxxxxx Xxxxx Xxxxxx General Manager National Representative Securitas Canada Limited CAW/TCA Canada Xx. Xxxxx Xxxxxx National Representative Canadian Auto Workers/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 Dear Xx. Xxxxxx:

Appears in 1 contract

Samples: Master Agreement

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LETTER OF UNDERSTANDING REGARDING FOUNDRY CREDITS. Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 N8W 4J1 Dear Xx. Xxxxxx: During the 1993 negotiations, the parties (the Employer, GM and the Union) agreed to continue the foundry credit provisions that were in effect at GM before Securitas acquired the GM security division. The provisions at GM allowed employees to acquire additional credited service for periods of employment at a foundry location. The provisions for additional credited service are now prohibited by Revenue Canada. However, to be consistent with the intent of these provisions, it has been agreed that the employees should be compensated for the loss of these provisions. In other words, such employees should be entitled to the same benefits with respect to credited service and eligibility as if Revenue Canada did not prevent the accrual of this additional service. To further clarify, eligibility for early retirement benefits, such as an enhanced immediate pension, the supplementary benefit and the special allowance, will be based upon service that includes these additional credits. However, if eligibility for any of these early retirement benefits was met by including these additional credits but would not be met if the additional credits were not included, the early retirement benefit(s) must be paid outside the pension fund. The parties agreed that, at termination, retirement or death, the employees will receive a lump sum payment of the commuted value of the above-described additional benefits (due to additional service and/or eligibility) to the extent that these additional benefits cannot be paid from the pension fund. The commuted value shall be calculated on the basis specified in the Canadian Institute of Actuaries Recommendations for the Computation of Transfer Values from Registered Pension Plans (effective September 1, 1993) or, if this is no longer in effect, the generally accepted actuarial practice applicable to the determination of commuted values at the calculation date. To the extent allowed by the Income Tax Act (Canada) and its Regulations, the lump sum will be paid as a retiring allowance which may allow for some or all to be deposited to a Registered Retirement Savings Plan or to a Registered Retirement Income Fund. The Employer will only be responsible for the payment of the commuted value of the additional benefits that is applicable to the credited service since October 30, 1993 and that was accrued while a member of the Securitas Retirement Program for GM Site Employees. If it is later determined that there are issues that need to be addressed with respect to this agreement, the parties will meet to determine a mutually satisfactory resolution. Yours truly, Xxxx Xxxxxx Accepted and Approved: Xxxx Xxxxxx Xxxxx Xxxxxx Vice-president of Finance Xxxxx Xxxxxx National Representative Securitas Canada Limited National Representative CAW/TCA OCCUPATIONALLY DISABLED PENSION BENEFIT Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 N8W 4J1 Dear Xx. Xxxxxx: Where an Employee retires with an Occupationally Disabled pension, the Employer agrees to pay the benefits that would be applicable if the Employee had retired with a Totally and Permanently Disabled pension. The Employer agrees to pay to such Employee, the amount of reduction applicable to the Occupational Disabled pension that would not be applicable to the Totally and Permanently Disabled pension, monthly as the payments come due. (These additional payments will be made from the general revenues of the Employer.) At the earlier of the Employee’s normal retirement date and the date at which employment is severed, the Employer agrees to pay to such Employee in one lump sum payment the commuted value of the remaining required reduction amounts. The payment could be treated as a retiring allowance to the extent allowed under the Income Tax Act. The determination of the commuted value will be made using the calculation basis specified in the Canadian Institute of Actuaries Recommendations for the Computation of Transfer Values from Registered Pension Plans (September 1, 1993) or, if no longer in effect, the generally accepted actuarial practice in effect on the calculation date. Notes: It is not completely clear in the Income Tax Act, but it seems a retiring allowance cannot be paid until there is a loss of employment. Is the Employee terminated at start of disability? If not, the above amended version may be necessary to allow a retiring allowance. Yours truly, Xxxx Xxxxxx Vice-president of Finance Securitas Canada Limited DRY-CLEANING AT OSHAWA LOCATIONS Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 N8W 4J1 Dear Xx. Xxxxxx: The Company shall assume all uniform dry-cleaning costs for employees working at all locations in accordance with the local agreements, and in the case of Oshawa, in accordance with the 1994 Oshawa local agreement. Yours very truly, Xxxx Xxxxxxx General Manager Securitas Canada Limited BANKED OVERTIME Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 N8W 4J1 Dear Xx. Xxxxxx: Where a PSO works overtime and chooses to bank such overtime hours worked, the Company will pay the PSO the applicable shift premium, if any, for the overtime hours worked on the next regular pay cheque as if the PSO had chosen not to bank said overtime. The banked overtime when taken will be paid out at the rate earned in all locations. Yours very truly, Xxxx Xxxxxxx General Manager Securitas Canada Limited GM RETIREMENT BENEFITS Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 N8W 4J1 Dear Xx. Xxxxxx: This will confirm that it is the Employer’s Employers understanding that at the time of retirement, ex-GM employees who are employed by the Employer will receive their GM retirement benefit based on the benefit rates in effect under the GM Retirement Program at the employee’s retirement. To the extent the Union deems it necessary the Employer will join the Union in requesting GM to confirm its intention to the Union in writing. Yours very truly, Xxxx Xxxxxx Vice-president of Finance Securitas Canada Limited VIOLENCE AGAINST WOMEN Xx. Xxxxx Xxxxxx National Representative CAW/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 N8W 4J1 Dear Xx. Xxxxxx: This will confirm that the parties recognize and share the concern that women uniquely face situations of violence or abuse in their personal lives that may affect their attendance or performance at work. The parties agree that when there is adequate verification from a recognized professional (i.e. doctor, lawyer, professional counsellor), a woman who is in an abusive or violent personal or domestic situation will not be subjected to discipline without giving full consideration to the facts in the case of each individual and the circumstances surrounding the incident otherwise supportive of discipline. This statement of intent is subject to a standard of good faith on the part of the Employer, the Union and the affected employees and will not be utilized by the Union or the Employer to subvert the application of otherwise appropriate disciplinary measures. Xxxx Xxxxxxx Xxxxx Xxxxxx General Manager National Representative Securitas Canada Limited CAW/TCA Canada Xx. Xxxxx Xxxxxx National Representative Canadian Auto Workers/TCA Canada 0000 Xxxxxxx Xxxxxx 0xx Xxxxx Xxxxxxx, Xxxxxxx X0X 0X0 Dear Xx. Xxxxxx:Canada

Appears in 1 contract

Samples: Master Agreement

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