Ontario Municipal Employees Retirement System (OMERS Sample Clauses

Ontario Municipal Employees Retirement System (OMERS. 26.01 (a) All full-time employees are required to become members of the OMERS as a condition of employment.
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Ontario Municipal Employees Retirement System (OMERS. (a) The Ottawa Public Library Board participates in the Ontario Municipal Employees Retirement System. Full time employees must join OMERS effective the date employment starts.
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Ontario Municipal Employees Retirement System (OMERS. The Ontario Municipal Employees' Retirement System (OMERS) is a pension plan based on the employee's salary, in which the Board and the employee shall contribute equally fifty (50%) percent of the cost for participation in this Plan. The terms and conditions of OMERS are governed by the Ontario Municipal Employees’ Retirement System Act.
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Ontario Municipal Employees Retirement System (OMERS. Membership in the OMERS plan is compulsory for all full-time employees and contributions begin as of date of hire. The Board contributes an equal amount to the plan on behalf of each employee at the current rates outlined by the plan. For Union employees working less than 35 hours per week there is an option to join if: - the employee worked at least 700 hours, or if the employee's gross earnings equal at least 35% of the YMPE (Year's Maximum Pensionable Earnings), in each of the two consecutive calendar years preceding enrolment.
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Ontario Municipal Employees Retirement System (OMERS. ‌ All full-time employees must, if not previously members of the plan, join the plan commencing with the first day of employment. Transfer of existing membership shall become effective immediately. The Employer shall contribute an equal amount to the employee's contribution. Part-time employees may elect to participate in the OMERS plan in accordance with the OMERS Act and prevailing OMERS policies. The Employer will notify part-time employees of their eligibility to enroll in the OMERS plan.
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Ontario Municipal Employees Retirement System (OMERS. Membership in the OMERS plan is compulsory for all full-time employees and contributions begin as of date of hire. The Board contributes an equal amount to the plan on behalf of each employee at the current rates outlined by the plan. For Union employees working less than 35 hours per week there is an option to join if:- the employee worked at least 700 hours, or if the employee's gross earnings equal at least 35% of the YMPE (Year's Maximum Pensionable Earnings), in each of the two consecutive calendar years preceding enrolment. LETTER OF UNDERSTANDING “A” HOURS OF WORK‌ When Permanent Part-Time and Casual Employees are scheduled to work less than their respective normal work period, as defined in the Collective Agreement, the employer will make reasonable efforts to allow these employees to make up the lost time by performing work in locations where hours become available. Such opportunities will be distributed as equitably as possible. LETTER OF UNDERSTANDING “B”
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Ontario Municipal Employees Retirement System (OMERS. 20.01 The Union acknowledges that the Employer is an OMERS employer and as such has an obligation to make an offer of enrollment on an annual basis to any employee who meets the criteria for enrollment specified by OMERS. Xxxxxxxx Place employees are currently classified by OMERS as “Other Than Continuous Full-Time” (OTCFT), a classification that makes enrollment optional. Upon receipt of offer of enrollment, employees may either enroll or sign a waiver declining the offer. Should an employee elect to enroll in OMERS, the Employer shall deduct from the employee’s wages the employee’s portion of the premium as determined by OMERS.
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Ontario Municipal Employees Retirement System (OMERS. 25:01 It shall be a mandatory condition of employment that all employees participate in the Ontario Municipal Employees Retirement System, subject to the terms and conditions laid down by OMERS.
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Related to Ontario Municipal Employees Retirement System (OMERS

  • Public Employees Retirement System “PERS”) Members. For purposes of this Section 1, “employee” means an employee who is employed by the State on August 28, 2003 and who is eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • Oregon Public Service Retirement Plan Pension Program Members For purposes of this Section 2, “employee” means an employee who is employed by the State on or after August 29, 2003 and who is not eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • Non-Vested Retirement Gratuity for Teachers 1. The minimum years of service for retirement gratuity shall be defined as the lesser of the contractual minimal service requirement in the 2008-2012 collective agreement, or ten (10) years.

  • Government and Service Employees' Union The leave shall be for a period of three years and shall be renewed upon request.

  • Casual Employees A casual employee is one who is not regularly scheduled to work other than during periods that such employee shall relieve a regular full-time or regular part-time employee. Casual employees accumulate seniority on an hourly basis and are entitled to such benefits as are contained in the “Addendum - Casual Employees”.

  • CULTURAL LEAVE FOR ABORIGINAL EMPLOYEES The Superintendent of Schools or their designate, may grant five (5) paid days per year leave with seven (7) days written notice from the employee to participate in Aboriginal Cultural event(s). Such leave shall not be unreasonably denied.

  • PREGNANCY LEAVE BENEFITS Common Central Provisions a) The Employer shall provide for permanent and long-term occasional teachers and teachers hired into a term position who access such leaves, a SEB plan to top up their E.I.

  • Retirement System The withdrawal of employee contributions made on or after January 1, 2014 may also be withdrawn but only on an actuarially neutral basis. The actuarial present value of the pension reduction shall be equal to the amount of accumulated member contributions withdrawn. The actuarial present value shall computed using the interest rate used in the annual actuarial valuation and the mortality table used in the annual actuarial valuation with a 50% unisex blend.

  • State Employee Group Insurance Program (SEGIP) During the life of this Agreement, the Employer agrees to offer a Group Insurance Program that includes health, dental, life, and disability coverages equivalent to existing coverages, subject to the provisions of this Article. All insurance eligible employees will be provided with a Summary Plan Description (SPD) called “Your Employee Benefits”. Such SPD shall be provided no less than biennially and prior to the beginning of the insurance year. New insurance eligible employees shall receive a SPD within thirty (30) days of their date of eligibility.

  • REGISTERED RETIREMENT SAVINGS PLAN 1. In this Article:

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