Common use of Pension Plan Participation and Contributions Clause in Contracts

Pension Plan Participation and Contributions. (a) All regular employees who are eligible under the terms of the mutually accepted Staff Pension Plan will, as a condition of employment, participate in the Plan. All such employees will contribute the following minimum percentages of basic salary by payroll deduction (inclusive of the 0.25% the employees contribute to the mutually acceptable fund for pension supplements: (b) Effective April 1, 2006 the University will contribute a minimum of 10.5% of basic salary inclusive of the 0.25% the University contributes to the mutually acceptable fund for pension supplements.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Pension Plan Participation and Contributions. (a) All regular employees who who, at the time of their regular appointment, are eligible under the terms of the mutually accepted Staff Pension Plan will, as a condition of employment, participate in the Plan. All such employees will contribute the following minimum percentages of basic salary by payroll deduction (inclusive of the 0.25% the employees contribute to the mutually acceptable fund for pension supplements: (b) Effective April 1, 2006 the University will contribute a minimum of 10.5% of basic salary inclusive of the 0.25% the University contributes to the mutually acceptable fund for pension supplements.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Pension Plan Participation and Contributions. (a) All regular employees who who, at the time of their regular appointment, are eligible under the terms of the mutually accepted Staff Pension Plan will, as a condition of employment, participate in the Plan. All such employees will contribute the following minimum percentages of basic salary by payroll deduction (inclusive of the 0.25% the employees contribute to the mutually acceptable fund for pension supplements:: Salary in excess of the “year’s maximum pensionable earnings” 6.53% (b) Effective April 1, 2006 the University will contribute a minimum of 10.5% of basic salary inclusive of the 0.25% the University contributes to the mutually acceptable fund for pension supplements.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Pension Plan Participation and Contributions. (a) All regular employees who are eligible under the terms of the mutually accepted Staff Pension Plan will, as a condition of employment, participate in the Plan. All such employees will contribute the following minimum percentages of basic salary by payroll deduction (inclusive of the 0.25% the employees contribute to the mutually acceptable fund for pension supplements: (b) Effective April 1, 2006 the University will contribute a minimum of 10.5% of basic salary inclusive of the 0.25% the University contributes : Salary up to the mutually acceptable fund for pension supplements.Salary in excess of “year’s maximum the “year’s maximum pensionable earnings” pensionable earnings”

Appears in 1 contract

Samples: Collective Agreement

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Pension Plan Participation and Contributions. (a) All regular employees who who, at the time of their regular appointment, are eligible under the terms of the mutually accepted Staff Pension Plan will, as a condition of employment, participate in the Plan. All such employees will contribute the following minimum percentages of basic salary by payroll deduction (inclusive of the 0.25% the employees contribute to the mutually acceptable fund for pension supplements: (b) Effective April 1, 2006 the University will contribute a minimum of 10.5% of basic salary inclusive of the 0.25% the University contributes to the mutually acceptable fund for pension supplements.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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