OMERS. The Employer and employee contributions are reduced to reflect the modified earnings of the employee. All other pension conditions are in accordance with the OMERS rules.
OMERS. The Ontario Municipal Employees' Retirement System (O.M.E.R.S.) Pension Plan shall be available to all full-time and part-time employees according to the terms and conditions of the plan.
OMERS. Every full-time (Regular or Probationary) employee, as a condition of employment, shall join the Ontario Municipal Employees Retirement System. All others who meet the eligibility criteria as outlined in the Pension Benefits Act (PBA) will be given the option to join. Effective January 1, 1982, the Corporation agrees to provide a Supplementary Pension, Type I, payable in full at sixty-five (65) years of age, through the Ontario Municipal Employees Retirement System and inclusive of previous pension plans to equal to two percent (2%) of the employee's highest average sixty (60) consecutive months' earnings multiplied by his years of credited service at retirement (to a maximum of thirty-five (35) years of service) less the OMERS Integration Factor when a member is eligible for a pension under the Canada Pension Plan.
OMERS. The Ontario Municipal Employees Retirement System Pension plan shall apply and all nurses eligible and participating will contribute 50% of the cost thereof.
OMERS. B.5.1.1 The Board shall maintain its present share of the premium cost of the Ontario Municipal Employees Retirement System Plan (OMERS) for all full time employees.
OMERS. The Employer agrees to continue participation in the Ontario Municipal Employees Retirement Plan as provided by the Ontario Municipal Employees Retirement Systems Act.
OMERS. 7.01 The Company will continue to remit the Company and the Employee’s OMERS contributions in accordance with the Collective Agreement requirements, OMERS legislation and other plan documents; as per and to the extent required pursuant to OMERS.
OMERS. All permanent and probationary employees shall be enrolled in the Ontario Municipal Employees Retirement System (OMERS) plan. Details of the plan will be in accordance with OMERS policy.
OMERS. 18.1 Every full time employee must become a member of the Ontario Municipal Employee's Retirement System upon completion of his probationary period in accordance with the statutory provisions as laid down and amended from time to time.
OMERS. The Board agrees to deduct the necessary contributions from the pay of each eligible employee for the Ontario Municipal Employees’ Retirement System. The Board will contribute an amount of money equal to the employee’s deduction for the OMERS plan in accordance with the governing legislation for the basic plan. The OMERS plan is a mandatory condition of employment for all new full-time and continuous part-time employees commencing on their date of hire on or after May 16, 1988.
