Pensionable Service a. The Board recognizes that where, for any day a teacher is on an authorized leave of absence, that day will be confirmed as a pensionable service day, provided that the leave qualifies as such pursuant to the Teachers' Pension Act. Note: See also B.11 Benefits.
Pensionable Service. The Employer shall request and upon receiving approval from the Pension Corporation the period of Long Term Disability will be considered as pensionable service. The Employer will acknowledge this benefit coverage to the Municipal Pension Plan.
Pensionable Service. Pensionable service is the total of the member’s future service and past service which are determined as follows:
(a) Past Service – is service with the Company credited for each year prior to June 1, 1980.
(b) Future Service – represents continuous service with the Company subsequent to May 31, 1980, credited according to hours worked for which pay was received by a member during each pension year (June 1 to May 31). For the purpose of applying this paragraph:
(i) A member receiving pay for at least 1920 hours will be credited with a year of Pensionable Service. A member receiving pay for less than 1920 hours will be credited with one-twelfth (1/12) of a year for each 160 hours pay received.
(c) When computing the hours for which pay has been received during each pension year after becoming a member, the following periods shall be included:
(i) Statutory holidays, overtime hours
(ii) Annual vacation
(iii) For members who are Union officials, hours dedicated to union business, up to a maximum of 160 hours, to the extent that such member otherwise would have been scheduled to work.
(iv) Any period of absence, up to a maximum of twenty-four (24) consecutive months, as a result of illness of the member or while a member is in receipt of Worker’s Compensation benefits because of occupational injury or disease incurred in the course of employment with the Company to the extent that the member otherwise would have been scheduled to work.
(v) Any period of parental, pregnancy or other leave for which pension benefit accrual is required pursuant to the Employment Standards Amendment Act, 2000 (Ontario) unless the member elects in writing not to have such period included.
(vi) Notwithstanding the foregoing, a member will not be credited with pensionable service after his retirement date.
Pensionable Service. The Employer shall request and upon receiving approval from the Superannuation Commissioner, the period of Long Term Disability will be considered as pensionable service.
Pensionable Service. For purposes of this Agreement covering retirement income benefits, "Pensionable Service" means years and whole months of continuous service with the Company while a contributing member to the Plan, subject to the following schedule: HOURS WORKED IN PLAN YEAR PENSIONABLE SERVICE FOR THAT PLAN YEAR 2,080 or more 12 months 1,905 to 2,079 11 months 1,730 to 1,904 10 months 1,555 to 1,729 9 months 1,380 to 1,554 8 months 1,205 to 1,379 7 months 1,030 to 1,204 6 months 855 to 1,029 5 months 680 to 854 4 months 505 to 679 3 months 330 to 504 2 months 155 to 329 1 month (Separate graded scales where regular work week is other than forty
Pensionable Service. The Company agrees to upgrade Pensionable Service for all employees who have been continuously disabled for five (5) years or more to reflect the May 1, 1999; May 1, 2000; May 1, 2001; May 1, 2002; and May 1, 2003, wage increases as outlined below: Employees who are in receipt of Long Term Disability at January 1, 2000, and who have completed a five (5) year qualifying period will have the pensionable service recomputed with effect from that date to reflect the May 1, 1999, wage increase. Employees who are in receipt of Long Term Disability at January 1, 2001, and who have completed a five (5) year qualifying period will have the pensionable service recomputed with effect from that date to reflect the May 1, 2000, wage increase. Employees who are in receipt of Long Term Disability at January 1, 2002, and who have completed a five (5) year qualifying period will have the pensionable service recomputed with effect from that date to reflect the May 1, 2001, wage increase. Employees who are in receipt of Long Term Disability at January 1, 2003, and who have completed a five (5) year qualifying period will have the pensionable service recomputed with effect from that date to reflect the May 1, 2002, wage increase. Employees who are in receipt of Long Term Disability at January 1, 2004, and who have completed a five (5) year qualifying period will have the pensionable service recomputed with effect from that date to reflect the May 1, 2003, wage increase. These adjustments exclude any change in the benefit calculation formula, for shift differential.
Pensionable Service. Pensionable Service is the total of the member’s future service and past service which are determined as follows:
(a) Past Service – is service with the Company credited for each year prior to June 1, 1980.
(b) Future Service – represents continuous service with the Company subsequent to May 31, 1980, credited according to hours worked for which pay was received by a member during each pension year (June 1 to May 31). For the purpose of applying this paragraph:
(i) A member receiving pay for at least 1920 hours will be credited with a year of Pensionable Service. A member receiving pay for less than 1920 hours will be credited with one- twelfth (1/12) of a year for each 160 hours pay received.
(ii) When computing the hours for which pay has been received during each pension year after becoming a Member, the following periods shall be included:
(a) statutory holidays, overtime hours
(b) annual vacation
(c) for Members who are Union officials, hours dedicated to Union business, up to a maximum of 160 hours, to the extent that such Member otherwise would have been scheduled to work
(d) any period of absence, up to a maximum of twenty-four (24) consecutive months, as a result of illness of the Member or while a Member is in receipt of Worker’s Compensation benefits because of occupational injury or disease incurred in the course of employment with the Company to the extent that the Member otherwise would have been scheduled to work, and
(e) any period of parental or pregnancy leave (as defined in the Employment Standards Act, 2000 (Ontario).
Pensionable Service. Shall be calculated in full years of employment with pay and fractions of years of employment with pay as follows:
(a) For service prior to and including the 31st of January, 1971, pensionable service shall be based on continuous service as indicated on the seniority list as of the 31st of January, 1971, and
(b) For service after and including the 1st of February, 1971, pensionable service shall be based upon the following table: 26.01 26.02 26.03 26.04 26.05
Pensionable Service. For purposes of this Agreement covering retirement income benefits, "Pensionable Service" means years and whole months of continuous service with the Company while a contributing member to the Plan, subject to the following schedule: HOURS WORKED IN PLAN YEAR PENSIONABLE SERVICE FOR THAT PLAN YEAR (Separate graded scales where regular work week is other than forty (40) hours.) Notwithstanding the foregoing, "Pensionable Service" will also include continuous service with the Company prior to May 1, 1947, which was recognized as pensionable service under the former Plan.
Pensionable Service. Shall be calculated in full years of employment with pay and fractions of years of employment with pay as follows: