Common use of Pension and Insurance Plans Clause in Contracts

Pension and Insurance Plans. (a) The present Pension and Insurance Plans of Bruce Power form part of this Collective Agreement. The pension portion of the Plan is generally described in the current brochure "Xxxxx Power Pension Plan". The insurance portion of the Plan is generally described in the current brochure “Bruce Power – Group Life Insurance Plan, Living Benefit and Spousal Life Insurance Brochure”. Changes to the plan affecting employees within the jurisdiction of the Union shall be subject to the following: (i) Changes other than legislative changes shall be made only upon mutual consent. (ii) Bruce Power shall not request legislation or Order-in-Council approval for proposed regulations or make rules which would change employee benefits unless upon mutual consent. Moreover, Bruce Power will not unilaterally seek legislation to change access to surplus unless upon mutual consent. (iii) In the event of the enactment of any general* pension legislation applicable to the employees of Bruce Power, amongst others, Bruce Power may, after notification to the Union, effect amendment of the Plan provided that the combination of benefits resulting from the Plan as so amended and such legislation will not be less in the aggregate than the benefits now provided. (b) Pension and insurance items will be submitted at the time that regular amendments to the Collective Agreement are submitted and will be negotiated at the time of regular bargaining.

Pension and Insurance Plans. (a) The present Pension and Insurance Plans of Bruce Power form part of this Collective Agreement. The pension portion of the Plan is generally described in the current brochure "Xxxxx Power Pension Plan". The insurance portion of the Plan is generally described in the current brochure “Bruce "Xxxxx Power – Group Life Insurance Plan, Living Benefit and Spousal Life Insurance Brochure”". Changes to the plan affecting employees within the jurisdiction of the Union shall be subject to the following: (i) : Changes other than legislative changes shall be made only upon mutual consent. (ii) . Bruce Power shall not request legislation or Order-in-Council approval for proposed regulations or make rules which would change employee benefits unless upon mutual consent. Moreover, Bruce Power will not unilaterally seek legislation to change access to surplus unless upon mutual consent. (iii) . In the event of the enactment of any general* pension legislation applicable to the employees of Bruce Power, amongst others, Bruce Power may, after notification to the Union, effect amendment of the Plan provided that the combination of benefits resulting from the Plan as so amended and such legislation will not be less in the aggregate than the benefits now provided. (b) . Pension and insurance items will be submitted at the time that regular amendments to the Collective Agreement are submitted and will be negotiated at the time of regular bargaining.

Pension and Insurance Plans. (a) The present Pension and Insurance Plans of Bruce Xxxxx Power form part of this Collective Agreement. The pension portion of the Plan is generally described in the current brochure "" Xxxxx Power Pension Plan". The insurance portion of the Plan is generally described in the current brochure “Bruce Xxxxx Power – Group Life Insurance Plan, Living Benefit and Spousal Life Insurance Brochure”. Changes to the plan affecting employees within the jurisdiction of the Union shall be subject to the following: (i) Changes other than legislative changes shall be made only upon mutual consent. (ii) Bruce Xxxxx Power shall not request legislation or Order-in-Council approval for proposed regulations or make rules which would change employee benefits unless upon mutual consent. Moreover, Bruce Xxxxx Power will not unilaterally seek legislation to change access to surplus unless upon mutual consent. (iii) In the event of the enactment of any general* pension legislation applicable to the employees of Bruce Xxxxx Power, amongst others, Bruce Xxxxx Power may, after notification to the Union, effect amendment of the Plan provided that the combination of benefits resulting from the Plan as so amended and such legislation will not be less in the aggregate than the benefits now provided. (b) Pension and insurance items will be submitted at the time that regular amendments to the Collective Agreement are submitted and will be negotiated at the time of regular bargaining.

Pension and Insurance Plans. (a) The present Pension and Insurance Plans of Bruce Xxxxx Power form part of this Collective Agreement. The pension portion of the Plan is generally described in the current brochure "Xxxxx Power Your Pension Plan". The insurance portion of the Plan is generally described in the current brochure “Bruce Xxxxx Power – Group Life Insurance Plan, Living Benefit and Spousal Life Insurance Brochure”. Changes to the plan affecting employees within the jurisdiction of the Union shall be subject to the following: (i) Changes other than legislative changes shall be made only upon mutual consent. (ii) Bruce Xxxxx Power shall not request legislation or Order-in-Council approval for proposed regulations or make rules which would change employee benefits unless upon mutual consent. Moreover, Bruce Xxxxx Power will not unilaterally seek legislation to change access to surplus unless upon mutual consent. (iii) In the event of the enactment of any general* pension legislation applicable to the employees of Bruce Xxxxx Power, amongst others, Bruce Xxxxx Power may, after notification to the Union, effect amendment of the Plan provided that the combination of benefits resulting from the Plan as so amended and such legislation will not be less in the aggregate than the benefits now provided. (b) Pension and insurance items will be submitted at the time that regular amendments to the Collective Agreement are submitted and will be negotiated at the time of regular bargaining.