Pension. All present employees enrolled in the Hospital's Pension Plan shall maintain their enrolment in the Plan subject to its terms and conditions. New employees and employees employed but not yet eligible for membership in the Plan shall, as a condition of employment, enrol in the Plan when eligible in accordance with its terms and conditions.
Pension. 14.01 The Employer agrees to give full cooperation to CLAC’s Pension Team for pension benefits of all employees covered under this Agreement. The CLAC Pension Plan (“the Plan”) is maintained and administered by the Union and supervised by Boards of Trustees.
a. The Plan, a defined contribution, registered pension plan, which is registered with the Canada Revenue Agency and the Financial Services Commission of Ontario under #0398594, applies to all employees covered by this Collective Agreement.
a. The Employer agrees to pay an amount of money, as outlined under Schedule "A", to the Union’s Pension Team for each hour worked by each employee covered under this Agreement, as an irrevocable contribution to the Plan. Allocation to the Union's Pension Plan will be as set out on Schedule "A", attached hereto and made part hereof.
b. The Employer agrees to deduct by way of payroll deduction and remit to the Union’s Pension Team, voluntary employee pension contributions in addition to those contributions outlined above. Such amounts shall not exceed the limits established by Canada Revenue Agency. These monies will be recorded separately on the Employer’s monthly remittance to the Pension Team.
c. A request for such voluntary pension deductions shall be submitted to the Employer in a format provided by the Pension Team. A copy of the completed form shall be sent to the Pension Team by the Employer with the first remittance of such additional voluntary contributions. Requests shall be limited to two (2) changes/adjustments per year.
14.03 The Employer’s contribution to the Union's Pension Plan shall be recorded on a remittance form in the same manner as 13.03.
14.04 Where legislation prohibits an employee from contributing to the Pension Plan because of age, an amount equivalent to the pension amount in Schedule “A” will be paid to that employee on each paycheque. This payment in-lieu of pension contributions will not be less than the amount that employee would have received is he/she were still contributing to the Plan.
14.05 The Union acknowledges and agrees that, other than remitting contributions to the Plan as set out in this Article, the Employer shall not be obligated to contribute toward the cost of pension benefits provided by the Plan nor be responsible for providing such benefits.
14.06 The Employer and the Union will cooperate in providing this information required to administer the Plan on the employees’ behalf. The Plan staff shall be responsible for i...
Pension. It is agreed that all Employers covered by this Agreement shall contribute a sum as listed in SCHEDULE “A” herein for each compensable man hour of operating engineers including supervisory employees when covered by this Agreement. Said contributions shall be made on or before the fifteenth (15th) day of the month following the month in which the hours were worked, to Locals 302 & 612, Operating Engineers-Employers Retirement Fund in the manner as set forth in the trust agreement of the said trust fund. The details of the Retirement Plan established by this trust fund shall continue to be controlled and administered by a joint board of trustees composed of equal representation from the Unions and the AGC of Washington who are the signatory to the trust agreement of the aforesaid trust fund. Each Trustee appointed by the Union shall be a member of the appointing Local and each trustee appointed by the employers shall be a member of an affiliated firm of the AGC of Washington or a regular paid employee of the AGC of Washington.
Pension. The employee shall, if and to the extent that the compulsory membership scheme applies, be registered with the Pension Fund for the Hotel, Restaurant and Café & Catering Industry (PH&C) by the employer.
Pension. Effective July 1, 2004, the Company agrees to provide the “Pension Choices” Plan as described in the Company booklets or other sources, and pension benefit plan documents for all employees of all Bargaining Units who are not currently participating in the Plan. The “Pension Choices” Plan described in the Company booklets or other sources shall be as more particularly described and set forth in the pension plan documents, which plans and policies shall be made available for inspection by the Union.
Pension. If a prospective temporary agency worker is offered agency work, and if asked, he is required to report before the acceptance thereof to the private employment agency whether he has met the requirements of participation in the pension as set out in Appendix III.
Pension. An employee on duty disability will be credited for all time on duty disability for pension credit purposes and shall be subject to deduction from duty disability pay for pension contribution, if any.
Pension. The parties agree that all provisions of the Massachusetts Teachers Retirement Plan shall be made a part of this Agreement.
Pension. The University is a participant in the Public Employees Retirement System and the Alternate Benefits Program. Eligibility for participation by employees and benefits are governed by statute and Rules and Regulations promulgated thereunder and administered exclusively by the New Jersey Division of Pensions. A written description of the PERS Program or Alternate Benefits Program can be obtained from the University's Benefits or local Human Resources Office.
