PENSION AND RELATED BENEFITS Sample Clauses

PENSION AND RELATED BENEFITS. A. In accordance with SB 795, Sections 19 and 20, employees covered by the Agreement shall continue as, or shall become, members of the Employees' Retirement System of Baltimore City or the Teachers' Retirement System or Teachers' Pension System, whichever is applicable. It is recognized that the Board does not control or serve in a fiduciary relationship on these plans. Nonetheless, the Board shall agree to submit to CUB any and all information that it receives from the Retirement System. Within thirty (30) days of the effective date of this Agreement, the Board’s Office of Human Capital shall provide CUB with a detailed report containing the following:
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PENSION AND RELATED BENEFITS. A. In accordance with SB 795, Sections 19 and 20, employees covered by the Agreement shall continue as, or shall become, members of the Employees' Retirement System of Baltimore City or the Teachers' Retirement System or Teachers' Pension System, whichever is applicable.
Sample 1
PENSION AND RELATED BENEFITS. A. In accordance with SB 795, Sections 19 and 20, employees covered by the Agreement shall continue as, or shall become, members of the Employees' Retirement System of Baltimore City or the Teachers' Retirement System or Teachers' Pension System, whichever is applicable. It is recognized that the Board does not control or serve in a fiduciary relationship on these plans. Nonetheless, the Board shall agree to submit to CUB any and all information that it receives from the Retirement System. Within thirty (30) days of the effective date of this Agreement, the Board’s Office of Human Capital shall provide CUB with a detailed report containing the following: a. List of all current members, by name and position title, sorted by position title. b. Identification of the pension system to which each member is assigned by the correct name for each pension system. c. The criteria for determining which system each member is assigned. d. The criteria to be used for assigning new members and/or new classifications to a respective pension system. B. During the term of this Agreement, the Employer agrees to submit to CUB all proposed changes, modifications and/or amendments to the Retirement System that the Board receives from the Retirement System. No proposed changes, modifications and/or amendments to the Retirement System shall be submitted by the Board during the term of this Agreement without prior consultation with CUB. C. Employee Pension Counseling Service - CUB shall submit the names of eight (8) representatives to the Human Capital Officer within sixty (60) days of the effective date of this Agreement. Within thirty (30) days thereafter, the Employer shall begin to train the representatives in the counseling of employees so that they may assist employees in the selection of retirement plan and/or retirement allowance options. CUB representatives selected as counselors shall be granted time with pay from their positions in the classified service while engaged in training and orientation and during the periods spent counseling prospective retirees.
Sample 1
PENSION AND RELATED BENEFITS. A. During the term of this Memorandum, the Employer agrees to submit to CUB all proposed changes, modifications and/or amendments to the Retirement System. No proposed changes, modifications and/or amendments to the Retirement System shall be submitted by the City to the City Council during the term of this Memorandum of Understanding without prior consultation with City Union of Baltimore.
Sample 1
PENSION AND RELATED BENEFITS. The company maintains a defined contribution pension scheme, with related life assurance and disability benefits. Details of these benefits will be provided to you on your joining the company. Your admission to, and membership of, the scheme is subject to the trust deeds and rules governing, and Revenue limits applicable to, the Scheme from time to time.
Sample 1

Related to PENSION AND RELATED BENEFITS

  • Accrued Benefits The term "Accrued Benefits" shall include the following amounts, payable as described herein: (i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with the Executive's employment for reasonable and necessary expenses incurred by the Executive on behalf of the Company and its Affiliates for the time period ending with the Termination Date; (iii) any and all other cash earned through the Termination Date and deferred at the election of the Executive or pursuant to any deferred compensation plan then in effect; (iv) notwithstanding any provision of any bonus or incentive compensation plan applicable to the Executive, a lump sum amount, in cash, equal to the sum of (A) any bonus or incentive compensation that has been allocated or awarded to the Executive for a fiscal year or other measuring period under the plan that ends prior to the Termination Date but has not yet been paid (pursuant to Section 5(f) or otherwise) and (B) a pro rata portion to the Termination Date of the aggregate value of all contingent bonus or incentive compensation awards to the Executive for all uncompleted periods under the plan calculated as to each such award as if the Goals with respect to such bonus or incentive compensation award had been attained; and (v) all other payments and benefits to which the Executive (or in the event of the Executive's death, the Executive's surviving spouse or other beneficiary) may be entitled as compensatory fringe benefits or under the terms of any benefit plan of the Employer, including severance payments under the Employer's severance policies and practices in the form most favorable to the Executive that were in effect at any time during the 180-day period prior to the Effective Date. Payment of Accrued Benefits shall be made promptly in accordance with the Employer's prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii), (iv) and (v), pursuant to the terms of the benefit plan or practice establishing such benefits.

  • Plan Benefits Each year, prior to the annual enrollment period, EMPLOYEES will receive Enrollment information that will outline the benefits offered next calendar year. Information relative to specific health insurance benefits and limitations will be updated regularly and contained in the SPD. In the event there is a conflict between the provisions of the collective bargaining agreement and the SPD, the District's SPD shall control.

  • Protected Benefits The elections under this Article VI may not eliminate Code Section 411(d)(6) protected benefits. To the extent the elections would eliminate a Code Section 411(d)(6) protected benefit, see Section 13.02 of the Plan. Furthermore, if the elections liberalize the optional forms of benefit under the Plan, the more liberal options apply on the later of the adoption date or the Effective Date of this Adoption Agreement.

  • Group Benefits To determine if a leave under the provisions of the Family and Medical Leave Act will be a paid or unpaid leave, contact the District’s Human Resources Department.

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