Common use of PENSIONS AND RETIREMENT Clause in Contracts

PENSIONS AND RETIREMENT. (a) Employees who regularly work forty (40) hours per week must become a member of the Ontario Municipal Employees Retirement System (OMERS) in accordance with the prevailing legislation in the Province of Ontario. (b) Employees who regularly work fewer than forty (40) hours per week and who meet the OMERS eligibility requirements and who choose to enroll will be enrolled. 29.02 Employees defined in 29.01(b) above shall be eligible to join the Ontario Municipal Employees Retirement System (OMERS) on January 1st following any two (2) consecutive calendar year where, in each year the employee: (i) Has earned at least 35% of the Year's Maximum Pensionable earnings (YMPE) under the Canada Pension Plan, or (ii)has been paid or deemed to have been paid 700 hours. 29.03 Employees defined in 29.01(a) and (b) and who are members of OMERS, their beneficiary or beneficiaries, as the case may be, shall be entitled to the pension, refund, or other payment as may be payable to or with respect to the employee as a member of such system. (a) Employees who regularly work forty (40) hours per week and have at least ten (10) years of credited pension service with the Employer and elect early retirement shall be eligible for the continued coverage of benefits as set out in clauses 27.01 - Extended Health Care, 27.02 - Dental and 27.03 - Group Life Insurance up to and including the last day of the month in which her/his sixty-fifth (65th) birthday occurs. Such benefits will be effective upon the date on which the employee actually retires. (b) Employees who regularly work forty (40) hours per week and were hired prior to November 21, 2000, and who at retirement do not have ten (10) years of credited pension service with the Employer, shall be entitled to the benefits as outlined above in clause 29.04(a) up to and including the last day of the month in which their sixty-fifth (65th) birthday occurs. 29.05 Where an employee who regularly works forty (40) hours per week and who elects early retirement and is eligible for benefits in accordance with clause 29.04(a) dies prior to her/his sixty-fifth (65th) birthday, said employee’s spouse (insured at the time of death) and eligible dependents, if any, shall continue to be covered by said benefits with the exception of the benefits provided under clause 27.03 (Group Life Insurance) up to and including the date on which the deceased employee would have attained the age of sixty-five (65) years. 29.06 Where an employee who regularly works forty (40) hours per week and would have been eligible to elect early retirement dies prior to actually taking early retirement, and provided that such employee was eligible for benefit coverage at the time of her/his death, the employee’s spouse (insured at the time of death) and eligible dependents, if any, shall be eligible for the benefit coverage as set out in 29.04(a), with the exception of the benefits provided under 27.03 (Group Life Insurance), for the period from the date of the employee’s death up to and including the date on which the deceased employee would have attained the age of sixty-five (65) years. 29.07 The Employer shall provide a paid up group life insurance policy in the amount of five thousand dollars ($5,000.00) for those employees who work forty (40) hours per week and who retire at or after the age of sixty-five (65).

PENSIONS AND RETIREMENT. (a) Employees Any employee who regularly work forty (40) hours per week must become a member of the Ontario Municipal Employees Retirement System (OMERS) in accordance with the prevailing legislation in the Province of Ontario. (b) Employees who regularly work fewer than forty (40) hours per week and who meet the OMERS eligibility requirements and who choose to enroll enrol will be enrolled. 29.02 28.02 Employees defined in 29.01(b28.01(b) above shall be eligible to join the Ontario Municipal Employees Retirement System (OMERS) on January 1st first (1st) following any two (2) consecutive calendar year years where, in each year the employee: (i) Has has earned at least thirty-five percent (35% %) of the Yearyear's Maximum Pensionable maximum pensionable earnings (YMPE) under the Canada Pension Plan, or or (ii)has ii) has been paid or deemed to have been paid 700 seven hundred (700) hours. 29.03 28.03 Employees defined in 29.01(a28.01(a) and (b) and who are members of OMERS, their beneficiary or beneficiaries, as the case may be, shall be entitled to the pension, refund, or other payment as may be payable to or with respect to the employee as a member of such system. (a) Employees who regularly work forty (40) hours per week and have at least ten (10) years of credited pension service with the Employer and elect early retirement shall be eligible for the continued coverage of benefits as set out in clauses 27.01 26.01 - Extended Health Care, 27.02 26.02 - Dental and 27.03 26.03 - Group Life Insurance up to and including the last day of the month in which her/his their sixty-fifth (65th) birthday occurs. Such benefits will be effective upon the date on which the employee actually retires. (b) Employees who regularly work forty (40) hours per week and were hired prior to November 21, 2000, and who at retirement do not have ten (10) years of credited pension service with the Employer, shall be entitled to the benefits as outlined above in clause 29.04(a28.04(a) up to and including the last day of the month in which their sixty-fifth (65th) birthday occurs. 29.05 28.05 Where an employee who regularly works forty (40) hours per week and who elects early retirement and is eligible for benefits in accordance with clause 29.04(a28.04(a) dies prior to her/his their sixty-fifth (65th) birthday, said employee’s spouse (insured at the time of death) and eligible dependentsdependants, if any, shall continue to be covered by said benefits with the exception of the benefits provided under clause 27.03 26.03 (Group Life Insurance) up to and including the date on which the deceased employee would have attained the age of sixty-five (65) years. 29.06 28.06 Where an employee who regularly works forty (40) hours per week and would have been eligible to elect early retirement dies prior to actually taking early retirement, and provided that such employee was eligible for benefit coverage at the time of her/his their death, the employee’s spouse (insured at the time of death) and eligible dependentsdependants, if any, shall be eligible for the benefit coverage as set out in 29.04(a28.04(a), with the exception of the benefits provided under 27.03 26.03 (Group Life Insurance), for the period from the date of the employee’s death up to and including the date on which the deceased employee would have attained the age of sixty-five (65) years. 29.07 28.07 The Employer shall provide a paid up group life insurance policy in the amount of five thousand dollars ($5,000.005,000) for those employees who work forty (40) hours per week and who retire at or after the age of sixty-five (65).

PENSIONS AND RETIREMENT. (a) Employees Any Employee who regularly work forty (40) hours per week must become a member of the Ontario Municipal Employees Retirement System (OMERS) in accordance with the prevailing legislation in the Province of Ontario. (b) Employees who regularly work fewer than forty (40) hours per week and who meet the OMERS eligibility requirements and who choose to enroll enrol will be enrolled. 29.02 Employees defined in 29.01(b) above shall be eligible to join the Ontario Municipal Employees Retirement System (OMERS) on January 1st first (1st) following any two (2) consecutive calendar year years where, in each year the employee: (i) Has has earned at least thirty‐five percent (35% %) of the Yearyear's Maximum Pensionable maximum pensionable earnings (YMPE) under the Canada Pension Plan, or or (ii)has ii) has been paid or deemed to have been paid 700 seven hundred (700) hours. 29.03 Employees defined in 29.01(a) and (b) and who are members of OMERS, their beneficiary or beneficiaries, as the case may be, shall be entitled to the pension, refund, or other payment as may be payable to or with respect to the employee as a member of such system. (a) Employees who regularly work forty (40) hours per week and have at least ten (10) years of credited pension service with the Employer and elect early retirement shall be eligible for the continued coverage of benefits as set out in clauses 27.01 - ‐ Extended Health Care, 27.02 - ‐ Dental and 27.03 - ‐ Group Life Insurance up to and including the last day of the month in which her/his sixty-fifth sixty‐fifth (65th) birthday occurs. Such benefits will be effective upon the date on which the employee actually retires. (b) Employees who regularly work forty (40) hours per week and were hired prior to November 21, 2000, and who at retirement do not have ten (10) years of credited pension service with the Employer, shall be entitled to the benefits as outlined above in clause 29.04(a) up to and including the last day of the month in which their sixty-fifth sixty‐fifth (65th) birthday occurs. 29.05 Where an employee who regularly works forty (40) hours per week and who elects early retirement and is eligible for benefits in accordance with clause 29.04(a) dies prior to her/his sixty-fifth sixty‐fifth (65th) birthday, said employee’s spouse (insured at the time of death) and eligible dependentsdependants, if any, shall continue to be covered by said benefits with the exception of the benefits provided under clause 27.03 (Group Life Insurance) up to and including the date on which the deceased employee would have attained the age of sixty-five sixty‐five (65) years. 29.06 Where an employee who regularly works forty (40) hours per week and would have been eligible to elect early retirement dies prior to actually taking early retirement, and provided that such employee was eligible for benefit coverage at the time of her/his death, the employee’s spouse (insured at the time of death) and eligible dependentsdependants, if any, shall be eligible for the benefit coverage as set out in 29.04(a), with the exception of the benefits provided under 27.03 (Group Life Insurance), for the period from the date of the employee’s death up to and including the date on which the deceased employee would have attained the age of sixty-five sixty‐five (65) years. 29.07 The Employer shall provide a paid up group life insurance policy in the amount of five thousand dollars ($5,000.005,000) for those employees who work forty (40) hours per week and who retire at or after the age of sixty-five sixty‐five (65).

PENSIONS AND RETIREMENT. ‌ (a) Employees Any Employee who regularly work works forty (40) hours per week must become a member of the Ontario Municipal Employees Retirement System (OMERS) in accordance with the prevailing legislation in the Province of Ontario. (b) Employees who regularly work fewer than forty (40) hours per week and who meet the OMERS eligibility requirements and who choose to enroll enrol will be enrolled. 29.02 Employees defined in 29.01(b) above shall be eligible to join the Ontario Municipal Employees Retirement System (OMERS) on January 1st first (1st) following any two (2) consecutive calendar year years where, in each year the employee: (i) Has has earned at least thirty‐five percent (35% %) of the Yearyear's Maximum Pensionable maximum pensionable earnings (YMPE) under the Canada Pension Plan, or or (ii)has ii) has been paid or deemed to have been paid 700 seven hundred (700) hours. 29.03 Employees defined in 29.01(a) and (b) and who are members of OMERS, their beneficiary or beneficiaries, as the case may be, shall be entitled to the pension, refund, or other payment as may be payable to or with respect to the employee as a member of such system. (a) Employees who regularly work forty (40) hours per week and have at least ten (10) years of credited pension service with the Employer and elect early retirement shall be eligible for the continued coverage of benefits as set out in clauses 27.01 - ‐ Extended Health Care, 27.02 - ‐ Dental and 27.03 - ‐ Group Life Insurance up to and including the last day of the month in which her/his sixty-fifth sixty‐fifth (65th) birthday occurs. Such benefits will be effective upon the date on which the employee actually retires. (b) Employees who regularly work forty (40) hours per week and were hired prior to November 21, 2000, and who at retirement do not have ten (10) years of credited pension service with the Employer, shall be entitled to the benefits as outlined above in clause 29.04(a) up to and including the last day of the month in which their sixty-fifth sixty‐fifth (65th) birthday occurs. 29.05 Where an employee who regularly works forty (40) hours per week and who elects early retirement and is eligible for benefits in accordance with clause 29.04(a) dies prior to her/his sixty-fifth sixty‐fifth (65th) birthday, said employee’s spouse (insured at the time of death) and eligible dependentsdependants, if any, shall continue to be covered by said benefits with the exception of the benefits provided under clause 27.03 (Group Life Insurance) up to and including the date on which the deceased employee would have attained the age of sixty-five sixty‐five (65) years. 29.06 Where an employee who regularly works forty (40) hours per week and would have been eligible to elect early retirement dies prior to actually taking early retirement, and provided that such employee was eligible for benefit coverage at the time of her/his death, the employee’s spouse (insured at the time of death) and eligible dependentsdependants, if any, shall be eligible for the benefit coverage as set out in 29.04(a), with the exception of the benefits provided under 27.03 (Group Life Insurance), for the period from the date of the employee’s death up to and including the date on which the deceased employee would have attained the age of sixty-five sixty‐five (65) years. 29.07 The Employer shall provide a paid up group life insurance policy in the amount of five thousand dollars ($5,000.005,000) for those employees who work forty (40) hours per week and who retire at or after the age of sixty-five sixty‐five (65).

PENSIONS AND RETIREMENT. (a) Employees Any Employee who regularly work works forty (40) hours per week must become a member of the Ontario Municipal Employees Retirement System (OMERS) in accordance with the prevailing legislation in the Province of Ontario. (b) Employees who regularly work fewer than forty (40) hours per week and who meet the OMERS eligibility requirements and who choose to enroll enrol will be enrolled. 29.02 Employees defined in 29.01(b) above shall be eligible to join the Ontario Municipal Employees Retirement System (OMERS) on January 1st first (1st) following any two (2) consecutive calendar year years where, in each year the employee: (i) Has has earned at least thirty‐five percent (35% %) of the Yearyear's Maximum Pensionable maximum pensionable earnings (YMPE) under the Canada Pension Plan, or or (ii)has ii) has been paid or deemed to have been paid 700 seven hundred (700) hours. 29.03 Employees defined in 29.01(a) and (b) and who are members of OMERS, their beneficiary or beneficiaries, as the case may be, shall be entitled to the pension, refund, or other payment as may be payable to or with respect to the employee as a member of such system. (a) Employees who regularly work forty (40) hours per week and have at least ten (10) years of credited pension service with the Employer and elect early retirement shall be eligible for the continued coverage of benefits as set out in clauses 27.01 - ‐ Extended Health Care, 27.02 - ‐ Dental and 27.03 - ‐ Group Life Insurance up to and including the last day of the month in which her/his sixty-fifth sixty‐fifth (65th) birthday occurs. Such benefits will be effective upon the date on which the employee actually retires. (b) Employees who regularly work forty (40) hours per week and were hired prior to November 21, 2000, and who at retirement do not have ten (10) years of credited pension service with the Employer, shall be entitled to the benefits as outlined above in clause 29.04(a) up to and including the last day of the month in which their sixty-fifth sixty‐fifth (65th) birthday occurs. 29.05 Where an employee who regularly works forty (40) hours per week and who elects early retirement and is eligible for benefits in accordance with clause 29.04(a) dies prior to her/his sixty-fifth sixty‐fifth (65th) birthday, said employee’s spouse (insured at the time of death) and eligible dependentsdependants, if any, shall continue to be covered by said benefits with the exception of the benefits provided under clause 27.03 (Group Life Insurance) up to and including the date on which the deceased employee would have attained the age of sixty-five sixty‐five (65) years. 29.06 Where an employee who regularly works forty (40) hours per week and would have been eligible to elect early retirement dies prior to actually taking early retirement, and provided that such employee was eligible for benefit coverage at the time of her/his death, the employee’s spouse (insured at the time of death) and eligible dependentsdependants, if any, shall be eligible for the benefit coverage as set out in 29.04(a), with the exception of the benefits provided under 27.03 (Group Life Insurance), for the period from the date of the employee’s death up to and including the date on which the deceased employee would have attained the age of sixty-five sixty‐five (65) years. 29.07 The Employer shall provide a paid up group life insurance policy in the amount of five thousand dollars ($5,000.005,000) for those employees who work forty (40) hours per week and who retire at or after the age of sixty-five sixty‐five (65).

PENSIONS AND RETIREMENT. (a) Employees Any employee who regularly work forty (40) hours per week must become a member of the Ontario Municipal Employees Retirement System (OMERS) in accordance with the prevailing legislation in the Province of Ontario. (b) Employees who regularly work fewer than forty (40) hours per week and who meet the OMERS eligibility requirements and who choose to enroll enrol will be enrolled. 29.02 Employees defined in 29.01(b) above shall be eligible to join the Ontario Municipal Employees Retirement System (OMERS) on January 1st first (1st) following any two (2) consecutive calendar year years where, in each year the employee: (i) Has has earned at least thirty‐five percent (35% %) of the Yearyear's Maximum Pensionable maximum pensionable earnings (YMPE) under the Canada Pension Plan, or or (ii)has ii) has been paid or deemed to have been paid 700 seven hundred (700) hours. 29.03 Employees defined in 29.01(a) and (b) and who are members of OMERS, their beneficiary or beneficiaries, as the case may be, shall be entitled to the pension, refund, or other payment as may be payable to or with respect to the employee as a member of such system. (a) Employees who regularly work forty (40) hours per week and have at least ten (10) years of credited pension service with the Employer and elect early retirement shall be eligible for the continued coverage of benefits as set out in clauses 27.01 - ‐ Extended Health Care, 27.02 - ‐ Dental and 27.03 - ‐ Group Life Insurance up to and including the last day of the month in which her/his sixty-fifth their sixty‐fifth (65th) birthday occurs. Such benefits will be effective upon the date on which the employee actually retires. (b) Employees who regularly work forty (40) hours per week and were hired prior to November 21, 2000, and who at retirement do not have ten (10) years of credited pension service with the Employer, shall be entitled to the benefits as outlined above in clause 29.04(a) up to and including the last day of the month in which their sixty-fifth sixty‐fifth (65th) birthday occurs. 29.05 Where an employee who regularly works forty (40) hours per week and who elects early retirement and is eligible for benefits in accordance with clause 29.04(a) dies prior to her/his sixty-fifth their sixty‐fifth (65th) birthday, said employee’s spouse (insured at the time of death) and eligible dependentsdependants, if any, shall continue to be covered by said benefits with the exception of the benefits provided under clause 27.03 (Group Life Insurance) up to and including the date on which the deceased employee would have attained the age of sixty-five sixty‐five (65) years. 29.06 Where an employee who regularly works forty (40) hours per week and would have been eligible to elect early retirement dies prior to actually taking early retirement, and provided that such employee was eligible for benefit coverage at the time of her/his their death, the employee’s spouse (insured at the time of death) and eligible dependentsdependants, if any, shall be eligible for the benefit coverage as set out in 29.04(a), with the exception of the benefits provided under 27.03 (Group Life Insurance), for the period from the date of the employee’s death up to and including the date on which the deceased employee would have attained the age of sixty-five sixty‐five (65) years. 29.07 The Employer shall provide a paid up group life insurance policy in the amount of five thousand dollars ($5,000.005,000) for those employees who work forty (40) hours per week and who retire at or after the age of sixty-five sixty‐five (65).

PENSIONS AND RETIREMENT. (a) Employees who regularly work forty (40) hours per week 18.01 Each full-time employee as defined in Clause 7.01, must become a member of the Ontario Municipal Employees Retirement System (OMERS) in accordance with the prevailing legislation in the Province of Ontario. (b) Employees who regularly work fewer than forty (40) hours per week . Part-time employees referred to in Clauses 7. 02 and 7.03 who meet the OMERS O.M.E.R.S. eligibility requirements and who choose to enroll enrol will be enrolled. 29.02 Employees defined in 29.01(b18.02 Notwithstanding Article 5 (No Discrimination) above hereof, each employee shall be eligible retired upon attaining the age of sixty-five (65) years, such retirement to join be effective upon the Ontario Municipal Employees Retirement System (OMERS) on January 1st following any two (2) consecutive calendar year where, in each year the employee: (i) Has earned at least 35% last day of the Year's Maximum Pensionable earnings month in which the sixty-fifth (YMPE65th) under the Canada Pension Plan, or (ii)has been paid or deemed to have been paid 700 hours. 29.03 Employees defined in 29.01(a) and (b) and who are members of OMERS, their beneficiary or beneficiaries, as the case may be, shall be entitled to the pension, refund, or other payment as may be payable to or with respect to the employee as a member birthday of such systememployee occurs. (a) Employees A full-time employee who regularly work forty (40) hours per week and have has at least ten (10) years of credited pension service with the Employer their Community Centre and elect who elects early retirement shall be eligible for the continued coverage of benefits as set out in clauses 27.01 - 17.01 (Extended Health Care), 27.02 - Dental 17.02 (Dental) and 27.03 - 17.03 (Group Life Insurance Insurance) up to and including the last day of the month in which herhis/his her sixty-fifth (65th) birthday occurs. Such benefits will be effective upon the date on which the employee actually retires. (b) Employees who regularly work forty (40) hours per week and were A full-time employee hired prior to November 21, 2000, and who at retirement do does not have ten (10) years of credited pension service with the Employer, their Community Centre shall be entitled to the benefits as outlined above in clause 29.04(a18.03(a) up to and including the last day of the month in which their his/her sixty-fifth (65th) birthday occurs. 29.05 18.04 Where an a full-time employee who regularly works forty (40) hours per week and who elects early retirement and is eligible for benefits in accordance with clause 29.04(a) 18.03 dies prior to herhis/his sixty-her sixty- fifth (65th) birthday, said employee’s spouse (insured at the time of death) and eligible dependents, if any, shall continue to be covered by said benefits with the exception of the benefits provided under clause 27.03 17.03 (Group Life Insurance) up to and including the date on which the deceased employee would have attained the age of sixty-five (65) years. 29.06 18.05 Where an a full-time employee who regularly works forty (40) hours per week and would have been eligible to elect early retirement dies prior to actually taking early retirement, and provided that such employee was eligible for benefit coverage at the time of herhis/his her death, the employee’s spouse (insured at the time of death) and eligible dependents, if any, shall be eligible for the benefit coverage as set out in 29.04(a)18.03, with the exception of the benefits provided under 27.03 17.03 (Group Life Insurance), for the period from the date of the employee’s death up to and including the date on which the deceased employee would have attained the age of sixty-five (65) years. 29.07 18.06 The Employer Community Centre shall provide a paid up group life insurance policy in the amount of five thousand dollars ($5,000.00) for those full- time employees who work forty (40) hours per week and who retire at or after the age of sixty-five (65).