Membership in the Plan Sample Clauses
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/her 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. Each ETG Employee shall become a Member of the Plan, subject to the Plan's age and service requirements, taking into account past service with ETG in accordance with Section S26.3 hereof, provided that no such employee shall become a Member prior to February 11, 2011.
Membership in the Plan. If you are a full-time employee you will be required to become a member of the Plan when eligible. If you are a non full-time employee you may become a member of the Plan at any time after becoming eligible. Once you become a member you must remain a member while employed by the Employer. Your normal retirement date will be the first day of the month coinciding with or next following your 65th birthday. Upon months notice, you may retire on the first day of any month within the 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 pension later than the December 1st in the calendar year in which you attain age In the event of late retirement your contributions and those of the Employer will continue until the earlier of (1) your retirement date and (2) the date your annuity payments commence.
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.
Membership in the Plan. If you are a full-time employee who entered the service of the Company prior to January 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 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. Your normal retirement date will be day of the month coinciding with or next fallowing your birthday. Upon months notice, you may retire on the first day of any month within the 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 1”‘ in the calendar year in which you attain age 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.
Membership in the Plan. As a condition of employment an employee becomes a member of the Plan if these qualifications are met: An employee in a permanent position after working days' service An employee is employed on a temporary or seasonal basis and is regularly working at least hours per week after working days of service within 2 consecutive calendar years: Required Contributions By Employee Required 6 of Canada Pension Plan Earnings plus 7 of any earnings in excess of Earnings. By Employer Are at least equal to employees contributions. Members may make additional contributions to the fund. The accumulated value shall be used to increase members’ benefits at retirement or earlier; death, disability or termination of employment.
Membership in the Plan. Each SiliconExpert Employee shall become a Member of the Plan, subject to the Plan's age and service requirements, taking into account past service with SiliconExpert in accordance with Section S30.3 hereof, provided that no such employee shall become a Member prior to May 1, 2012.
Membership in the Plan. Each Employee who entered the Service of the Employer prior to May may become a Member at any time after becoming eligible. Each Employee who enters the Service of the Employer on or May be required to become a Member when eligible. Each non Employee may become a Member at any time becoming eligible. Each Employee complete an application for membership. Once having a Member of the Plan, a Member may not withdraw the Plan while employed by the Employer. It is further provided that a Employee shall not cease to be a Member by of becoming a non Employee. In respect of each Member who is classified as Non-Union, such Member will cease his active membership in the Plan on the date he attains Non-Union status. In the event the Member ceases membership in the Plan as provided for above, he will be entitled to his total Individual Account balance. The Member's Individual Account balance will remain in the Plan to be paid in accordance with the provisions of the Plan.
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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. 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. 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. An Individual Account will be established on your behalf at the time you become a member of the Plan. Your contributions received from the Comp...