Pension Bridging Sample Clauses

Pension Bridging. 3.1 a) Employees who have been declared surplus may continue to accrue pension credits for the period represented by their Article 45 termination payment subject to the appropriate contributions by the Employer and the employee. This paragraph will not apply to employees described in Section 2.5 of this Appendix who are transferred to a new Employer; or
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Pension Bridging. In order to qualify for Pension Bridging the Nurses must be enrolled in the OPSEU Pension Trust. The Nurse will be allowed to use their retirement allowance and/or banked time for pension bridging. During this period both parties will continue to make the required pension contributions. Nurses may also be granted an up to three (3) years unpaid leave of absence to allow for pension bridging. During the unpaid leave, the Nurse will be responsible for both the Nurse and employer share of pension contributions based on deemed regular full-time earnings.
Pension Bridging. 23.01 Whenever the OPSEU Pension Trust determines that a Pension Bridging option is open to employees for early retirement purposes, the Parties agree to allow employees to take advantage of this benefit in accordance with the OPSEU Pension Trust provisions.
Pension Bridging. 68.1 Whenever the OPSEU Pension Trust determines that a Pension Bridging option is open to employees for early retirement purposes, the Parties agree to allow employees to take advantage of this benefit in accordance with the OPSEU Pension Trust provisions. APPENDIX V COST SHARING REGULAR EMPLOYEE BENEFITS BENEFIT EMPLOYER EMPLOYEE EFFECTIVE DATE BASIC LIFE INSURANCE (75% of annual salary or $10,000.00 minimum) 100% NIL October 1/75 LONG TERM INCOME PROTECTION (66-2/3% of gross salary) 90% 10% April 1/99 ONTARIO HEALTH TAX 100% NIL Nov. 1/75 SUPPLEMENTARY HEALTH & HOSPITAL PLAN Drug Plan co-insurance 95% reimbursement to employee 100% NIL Nov. 1/01 Vision Care & Hearing Aid Coverage Maximum $340.00 per person in any 24 month period for eye glasses; Employer covers 100% of cost of one (1) eye examination per person in any 24 month period; 60% 40% May 1/10 Maximum $1200.00 per person every 36 months for purchase and/or repair of Hearing Aids (excluding batteries) prescribed by an Ear Nose and Throat Specialist SUPPLEMENTARY LIFE (1,2 or 3 times earnings) NIL 100% DEPENDENT LIFE (spouse $1,000. and children $500. each, or spouse $2,000. and children $1,000.each) NIL 100% DENTAL CARE PLAN PLUS COVERED SERVICES RIDER 1 (Dental Plan co-insurance 85% reimbursement to employee) 100% NIL January 1/90 APPENDIX VI POLICE COMPRESSED WORK WEEK AGREEMENT MEMORANDUM OF AGREEMENT BETWEEN: THE NIAGARA PARKS COMMISSION AND: THE ONTARIO PUBLIC SERVICE EMPLOYEES UNION (AND ITS LOCAL 217 (PARK POLICE)) Unless otherwise specified in this Memorandum of Agreement, all Articles of the Collective Agreement with Local 217 (Park Police) apply to employees covered by this Agreement.

Related to Pension Bridging

  • Pension Plan 15.01 The CLAC Pension Plan (“the Plan”), a defined contribution pension plan, is registered with the Canada Revenue Agency. The Plan applies to all employees covered by this Agreement.

  • 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 not yet eligible for membership in the plan shall, as a condition of employment, enroll in the plan when eligible in accordance with its terms and conditions.

  • Canada Pension Plan All employees shall participate in and contribute to the Canada Pension Plan in accordance with the applicable legislation. The College will contribute to the plan for each employee, to the extent provided for in the applicable legislation.

  • PENSIONS Subject to the provisions of paragraph 2 of Article 19, pensions and other similar remuneration paid to a resident of a Contracting State in consideration of past employment shall be taxable only in that State.

  • RETIREMENT INCOME PLAN 18.01 The Nursing Homes and Related Industries Pension Plan In this Article, the terms used shall have the meanings as described:

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