Pension companies Sample Clauses

Pension companies. The pension scheme must be established for the individual employee or individual compa- ny's employees in one of the following pension insurance companies: − Pension for salaried employees PFF − PFA − Nordea Liv og Pension − AP Pension − Xxxxxx − Topdanmark − PensionDanmark In connection with the choice of pension provider, offers must be taken from at least one occupational pension company. The choice of pension provider for the individual company is made by the employer after discussion with the employees. If at least 50% of the employees want a supplier other than the one proposed by the employer, the employees' wishes must be followed. Costs for changing pension provider must not be borne by the employees in any way, and any inconvenience to the employees must be kept to a minimum. For the employees in the individual company, a total pension provider must be chosen from among the designated companies. However, agreements already entered into are re- spected where 2 or more suppliers may have been selected. Employees who later join the pension scheme join the pension insurance company chosen for the company. The choice of a new pension provider can only be made if at least 75% of the pensionable employees so wish. This also applies in cases where the desire for a new pension provider comes from the company. No health requirements may be set for admission in connection with the mandatory elements of the pension scheme. However, the pension insurance companies are entitled, if the em- ployee receives a medium or highest early retirement pension in connection with admission, to set up special time-limited clauses, which means that the employee is not covered by the pension insurance's invalidity elements, including premium exemption in the event of loss of earning capacity. The pension scheme cannot be repurchased/bought back unless the parties to the agree- ment approve this. The chosen pension insurance company must, when establishing a new pension scheme, send a guarantee statement to the parties to the agreement. In the guarantee statement, the pension insurance company guarantees that the pension insurance company will comply with the provisions and preconditions of the agreement at all times and in all respects. The declaration of guarantee must also contain information about the company in question, the name of the agreement and the date of change. The guarantee statement must be available before switching to the pension insurance com- pany. Pension...
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Related to Pension companies

  • Insurance Companies Insurance required hereunder shall be in companies duly licensed to transact business in the State of Washington, and maintaining during the policy term a General Policyholders Rating of ‘A-’ or better and a financial rating of ‘IX’ or better, as set forth in the most current issue of “Best’s Insurance Guide.”

  • Pension Plans Any of the following events shall occur with respect to any Pension Plan:

  • 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 Contributions 19.2.3.1 Unless required by law to commence receiving a pension prior to the Member’s actual retirement date (i.e., currently December 31 of the year in which the Member attains age sixty-nine (69)) the Member who postponed retirement beyond his or her TRD will continue to make pension contributions.

  • Hospitals of Ontario Voluntary Life Insurance Plan The Hospital also agrees to make the Hospitals of Ontario Voluntary Life Insurance Plan (HOOVLIP) available to the nurses subject to the provisions of HOOVLIP at no cost to the Hospital.

  • 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.

  • Health and Welfare Fund Pursuant to provisions contained in a pre­ vious Collective Bargaining Agreement, there has been established a Health and Welfare Fund known as the “ Retail Meat Cutter Unions and Employers Joint Health and Welfare Fund For The Chicago Area” ; said Fund is hereinafter referred to as the “ Health and Welfare Fund.”

  • Health Plans The health plans offered and benefits provided by those plans shall be those approved by the City's JLMBC and administered by the Personnel Department in accordance with LAAC Section 4.

  • Indiana Veteran’s Business Enterprise Compliance Award of this Contract was based, in part, on the Indiana Veteran’s Business Enterprise (“IVBE”) participation plan. The following IVBE subcontractors will be participating in this Contract: VBE PHONE COMPANY NAME SCOPE OF PRODUCTS and/or SERVICES UTILIZATION DATE PERCENT _____________________________________________________________________________________ _____________________________________________________________________________________ A copy of each subcontractor agreement shall be submitted to IDOA within thirty (30) days of the request. Failure to provide any subcontractor agreement may also be considered a material breach of this Contract. The Contractor must obtain approval from IDOA before changing the IVBE participation plan submitted in connection with this Contract. The Contractor shall report payments made to IVBE subcontractors under this Contract on a monthly basis. Monthly reports shall be made using the online audit tool, commonly referred to as “Pay Audit.” IVBE subcontractor payments shall also be reported to IDOA as reasonably requested and in a format to be determined by IDOA.

  • HEALTH CARE PLANS ‌ Notwithstanding the references to the Pacific Blue Cross Plans in this article, the parties agree that Employers, who are not currently providing benefits under the Pacific Blue Cross Plans may continue to provide the benefits through another carrier providing that the overall level of benefits is comparable to the level of benefits under the Pacific Blue Cross Plans.

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