Membership in the Plan. Every employee shall be eligible to become a participant in this plan as of the first day of the calendar month on or after his employment date. The employee must be an hourly employee of the company covered under the collective bargaining agreement. Plan benefits are paid for entirely by the Company.
Membership in the Plan. All members of the Union who are permanent employees shall be Members of the Plan as a condition of employment.
Membership in the Plan. If you are a full-time employee who entered the service of the Company prior to January 1, 1987 you may become a member at any time after becoming eligible. If you are a full-time employee who enters the service of the Company on or after January 1, 1987 you will be required to become a member when eligible. If you are a non full-time employee you may become a member at any time after becoming eligible. Once you become a member you must remain a member while employed by the Company. RETIREMENT DATE Your normal retirement date will be the first day of the month coinciding with or next following your 65th birthday. Upon 3 months notice, you may retire on the first day of any month within the 10 years preceding your normal retirement date or on the first day of any month following your normal retirement date but you may not defer your annuity payments later than the December 1st in the calendar year in which you attain age 69. If you remain in service after your normal retirement date, the contributions of the Company and your contributions will continue until the earlier of (1) your retirement date and (2) the date your annuity payments commence. BASIC CONTRIBUTIONS Effective January 1st, 2008 you will contribute by payroll deduction 3.5% of your gross earnings. Effective November 1, 2011 the Company and employee contributions will increase to 4%. The Company contribution on your behalf will equal your contribution. Contributions shall be limited to the amounts deductible under the provisions of the Income Tax Act. VOLUNTARY CONTRIBUTIONS You may contribute any amount of voluntary contributions to the Plan. The contributions however, shall be limited to the amounts deductible under the provisions of the Income Tax Act. The accumulation with interest of your voluntary contributions will, as elected by you, be applied on your date of retirement to increase the amount of pension purchased on your behalf or, transferred to another insurance company to purchase a deferred annuity or to an Optional Retirement Vehicle as outlined in the Forms of Pension Payment section of this booklet or taken as a cash payment, transferred to an RRSP or to a RRIF. If you are contributing voluntary contributions by payroll deduction, in order for you to change the amount being deducted, you must give written notice to the Company no later than one month before the date of the change. INDIVIDUAL ACCOUNT An Individual Account will be established on your behalf at the time you become ...
Membership in the Plan. Is Not a Contract Of Employment Membership in the Plan shall not be construed as a guarantee of continuing employment with the Company; furthermore, no provision or condition hereof shall restrict the right of the Company or the Employee to terminate his employment at any time.
Membership in the Plan. Is Not A Contract Of Employment ���������� �� ��� ���� ����� ��� �� ��������� �� � ��������� �� ���������� ���������� ���� ��� �������� ������������ �� ��������� �� ��������� ������ ����� �������� ��� ����� �� ��� ������� �� ��� �������� �� ��������� ��� ���������� �� ��� �����
Membership in the Plan. 5 2.1 Eligibility . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 2.2 Participation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 2.3 Membership Following Re-employment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Membership in the Plan. Each Xxxxxxx Employee who was employed by Xxxxxxx on December 20, 2009 and was an Eligible Employee on March 6, 2010 shall become a Member of the Plan on that date without respect to the Plan's service requirements for participation. The Plan's age requirement shall continue to apply. Each Xxxxxxx Member who is not then employed by an Employer shall become a member on or about May 3, 2010, but solely with respect to his Xxxxxxx Account unless he otherwise qualifies as a Member under the Plan.
Membership in the Plan. Each person who was employed by Nu Horizons and was an Eligible Employee on April 1, 2011 shall become a Member of the Plan, subject to the Plan's age and service requirements, taking into account past service with Nu Horizons in accordance with Section S20.8 hereof. Each Nu Horizons Member who was not an Eligible Employee on April 1, 2011 shall become a Member on the Merger Date, but solely with respect to amounts transferred to the Plan in respect of such person's Nu Horizons Account, unless he otherwise qualifies as a Member under the Plan.
Membership in the Plan. Each person who was employed by Xxxxxxxx and was an Eligible Employee on April 2, 2011 shall become a Member of the Plan, subject to the Plan's age and service requirements, taking into account past service with Converge in accordance with Section S21.8 hereof. Each Converge Member who was not an Eligible Employee on April 2, 2011 shall become a Member on the Merger Date, but solely with respect to amounts transferred to the Plan in respect of such person's Converge Account, unless he otherwise qualifies as a Member under the Plan.
Membership in the Plan. Each Transim Employee shall become a Member of the Plan, subject to the Plan's age and service requirements, taking into account past service with Transim in accordance with Section S24.3 hereof, provided that no such employee shall become a Member prior to February 11, 2011.
