Pension and Life Insurance. The Executive shall be entitled to participate in the GlaxoSmithKline Cash Balance Pension Plan and the GlaxoSmithKline Supplemental Pension Plan and any other retirement plans or deferred compensation programmes made available by the Company to its senior executives in the United States, including, without limitation, the GlaxoSmithKline Retirement Savings Plan and the GlaxoSmithKline Executive Supplemental Savings Plan , subject to the terms and conditions of such programmes from time to time in force. Details of such current plans and programmes are set out in the TotalReward section on myGSK and are subject to amendment or withdrawal at the Company’s discretion.
Pension and Life Insurance. The Executive shall be eligible to participate in the GlaxoSmithKline Cash Balance Pension Plan and any other retirement plans or deferred compensation programmes made available by the Company to its senior executives in the United States, including, without limitation, the GlaxoSmithKline Retirement Savings Plan and the GlaxoSmithKline Executive Supplemental Savings Plan, subject to the terms and conditions of such programmes from time to time in force. Details of such current plans and programmes are accessible from the intranet site “Connect GSK” and they are subject to amendment or withdrawal at the Company’s discretion.
Pension and Life Insurance. The Executive is entitled to be a member of the GSK Pension Plan Senior Executive section (“the Pension Plan”), subject to the conditions of the trust deed and rules governing the Pension Plan from time to time. The rate of employer core contribution to the Pension Plan is set at 20% of salary. If the Executive has reached or reaches any limit set by the Government relating to pension allowances, the Executive can opt out of the Pension Plan and the Company may pay her a cash supplement in lieu of any employer pension contributions. The Pension Plan is subject to amendment or withdrawal at the Company’s discretion. Any contributions payable by the Executive to the pension plan will be deducted from salary via salary sacrifice. The Company shall provide the Executive with the benefit of life cover which would provide a lump sum equivalent to four times the level of her base salary in the event of death in service.
Pension and Life Insurance. The Executive is entitled to be a member of the Glaxo Wellcome Executive Pension Plan arrangements subject to the terms from time to time in force of that Plan. Details of the current Plan are contained on the TotalReward section onmyGSK. Any contributions payable by the Executive to the pension plan will be deducted from salary. The Plan is subject to amendment or withdrawal at the Company’s discretion.
Pension and Life Insurance. During the Term, the Executive shall participate in such pension and life insurance plans as may be adopted by the Company from time to time.
Pension and Life Insurance. 17.1 It is understood and agreed that the eligible employees covered by this Collective Agreement will be under the Canadian Niagara Power Defined Contribution Pension Plan.
Pension and Life Insurance. 17.1 It is understood and agreed that the eligible employees covered by this Collective Agreement will be under EO Generation L.P. Defined Contribution Pension Plan.
Pension and Life Insurance. The Executive is entitled to be a member of the GSK Pension Plan Senior Executive section (“the Pension Plan”), subject to the conditions of the trust deed and rules governing the Pension Plan from time to time. If the Executive has reached or reaches any limit set by the Government relating to pension allowances, the Executive can opt out of the Pension Plan and the Company may pay him a cash supplement in lieu of any employer pension contributions. The Pension Plan is subject to amendment or withdrawal at the Company’s discretion. Any contributions payable by the Executive to the pension plan will be deducted from salary via salary sacrifice. The Company shall provide the Executive with the benefit of life cover which would provide a lump sum equivalent to four times the level of his base salary in the event of death in service.
Pension and Life Insurance. The Executive is entitled to be a member of the GSK Pension Plan Senior Executive section (“the Pension Plan”), subject to the conditions of the trust deed and rules governing the Pension Plan from time to time. The Pension Plan is not contracted out of the State Second Pension (‘SP2’). The Pension Plan is subject to amendment or withdrawal at the Company’s discretion. In the event of any amendments to the Pension Plan, the Executive will be treated on a similar basis to other members of GSK plc’s Corporate Executive Team who are members of the same plan. Any contributions payable by the Executive to the Pension Plan will be deducted from salary.
Pension and Life Insurance. The Executive shall be entitled to participate in the GlaxoSmithKline Cash Balance Pension Plan and the GlaxoSmithKline Supplemental Pension Plan and any other retirement plans or deferred compensation programmes made available by the Company to its senior executives in the United States, including, without limitation, the GlaxoSmithKline Retirement Savings Plan, GlaxoSmithKline Executive Supplemental Savings Plan and GlaxoSmithKline Annual Investment Plan (US), subject to the terms and conditions of such programmes from time to time in force. Details of such current plans and programmes are set out in the TotalReward section on myGSK and are subject to amendment or withdrawal at the Company’s discretion. During the Executive’s period of Employment with the Company, or as otherwise provided under the Company’s benefit plans, the Company will credit the Executive with a retirement pension benefit in an amount equal to eighteen per cent (18%) of the Executive’s base salary and bonus paid during the calendar year, or portion thereof. Company credits will be made in instalments with each payroll period. Company credits will be made to the GlaxoSmithKline Cash Balance Pension Plan to the extent permitted under current plan rules and relevant Treasury Regulations, with the remainder contributed to the GlaxoSmithKline Supplemental Cash Balance Pension Plan.
