Pension Eligibility Clause Samples
The Pension Eligibility clause defines the criteria an individual must meet to qualify for pension benefits under a specific plan or agreement. Typically, this clause outlines requirements such as minimum age, years of service, or employment status, and may specify exceptions or special conditions for eligibility. By clearly establishing who is entitled to receive pension benefits and under what circumstances, this clause ensures transparency and helps prevent disputes regarding benefit entitlement.
Pension Eligibility. A fulltime employee is eligible to join the pension plan if the employee has been employed by the Town for one (1) year of service and is at least 25 years of age.
Pension Eligibility. (a) Full-time Regular employees shall be eligible to join the COPE-FortisBC Pension Plan in accordance with Article 6.02.
(b) Part-time Regular and Temporary employees shall be eligible to join the COPE- FortisBC Pension Plan on the first day of a month, not earlier than the effective date, at which time the employee
(i) has completed at least 24 months of continuous service in which he or she has earned at least 35% of the YMPE in each of two consecutive calendar years, and
(ii) is actively at work. Pension entitlements will be prorated on the basis of hours actually worked in a given period.
Pension Eligibility. Employees hired after the date of ratification (February 18, 2004) shall become eligible for pension contributions effective the first day of the month following one (1) year from the date of employment.
Pension Eligibility. All members shall be part of and enrolled in the Municipal Employees Retirement System Optional Retirement Plan for Police & Firefighters (pension plan) - R.I. General Laws 45-
Pension Eligibility. As BVFF,I want to view a report of members eligible to retire, So I can proactively notify them of pension eligibility. I'll be satisfied when I can create a report or list of members eligible for retirement but not receiving a pension Pass/Fail M ☒ Yes ☐ No
Pension Eligibility. 1. Faculty must have worked at the University a minimum of two consecutive academic years to be considered pension eligible.
2. Faculty must have taught a minimum of ninety (90) contact hours for two or more courses or the equivalent in teaching activities; or have taught two courses or the equivalent and received a minimum of ninety (90) contact hours at the non-credit teaching rate in teaching wages during the previous academic year, and
3. Faculty must teach a minimum of ninety (90) contact hours in the academic year for which they are newly eligible or ninety (90) contact hours at the non-credit teaching rate in wages or two courses or the equivalent.
Pension Eligibility. All current employees (those hired before June 30, 1993), will be eligible for a "20 year pension" effective July 1, 1995, pursuant to the statutory requirements contained in Section 45-21.2-22 of the Rhode Island General Laws, as amended. Fire Department employees hired after July 1, 1993, will be eligible for their pension after twenty-five (25) years of service to the Town of Barrington. (Pension Provision - October 26, 1992, Barrington Fire Arbitration Award of ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇; Containment provision from February 1993, negotiated settlement) The Town Council will adopt a resolution in accordance with R.I.G.L. §45-21-52 (a) providing that effective January 1, 2000, and applicable only to firefighters employed by the Town as of that date, firefighters will receive the automatic increase in service retirement allowance prescribed by R.I.G.L. §45-21-52(a)(3) Plan C (hereinafter the “COLA”); and that firefighters will pay the additional 1% contribution of salary towards pension benefits prescribed by R.I.G.L. §45-21-52(c) and §45-21-41, as amended.
Pension Eligibility. If you are a UK resident and paid through the UK payroll a) In accordance with statutory obligations, the Company will auto-enrol you into the Carnival UK Pension Scheme, at the minimum rates of contribution required by legislation, following a period of postponement. b) Personal contributions will automatically be deducted from pay via salary exchange. This means that contributions are taken from gross pay thereby saving on tax and NI deductions. You may opt-out of salary exchange if you wish, subject to the rules of the scheme. The Company reserves the right to remove or amend pension benefits at its sole discretion.