Common use of PENSIONS AND RETIREMENT Clause in Contracts

PENSIONS AND RETIREMENT. It is mutually agreed that all employees who were previously covered by the Pension Plan No. with the Sun Life Assurance Company of Canada, will be continued in the Sun Life plan. In addition to the Canada Pension Plan, all other employees will be covered by the Ontario Municipal Employees' Retirement System Retirement will be in accordance with the rules and conditions of the Pension Plan. Retired employees and those who have left the Board's employ after December will receive retroactive wage increases and benefits from January to the date of retirement or last day of employment.

PENSIONS AND RETIREMENT. It is mutually agreed that all employees who were previously covered by the Pension Plan No. with the Sun Life Assurance Company of Canada, will be continued in the Sun Life plan. In addition to the Canada Pension Plan, all other employees will be covered by the Ontario Municipal Employees' ’ Retirement System Retirement will be in accordance with the rules and conditions of the Pension Plan. Retired employees and those who have left the Board's ’s employ after December will receive retroactive wage increases and benefits from January to the date of retirement or last day of employment.

PENSIONS AND RETIREMENT. It is mutually agreed that all employees who were previously covered by the Pension Plan No. with the Sun Life Assurance Company of Canada, will be continued in the Sun Life plan. In addition to the Canada Pension PlanPensionPlan, all other employees will be covered by the Ontario Municipal Employees' Retirement System Retirement will Retirementwill be in accordance with accordancewith the rules and conditions of the Pension Plan. Retired employees and those who have left the Board's employ after December will receive retroactive wage increases and benefits from benefitsfrom January to the date of retirement or last day of employment.

PENSIONS AND RETIREMENT. It is mutually agreed that all employees who were previously covered by the Pension Plan No. with the Sun Life Assurance Company of Canada, will be continued in the Sun Life plan. In addition to the Canada Pension Plan, all other employees will be covered by the Ontario Municipal Employees' Retirement System Retirement will Retirementwill be in accordance with the rules and conditions of the Pension Plan. Retired employees Retiredemployees and those who have left the Board's employ Board'semploy after December will receive retroactive wage retroactivewage increases and benefits from January to the date of retirement or last day of employment.

PENSIONS AND RETIREMENT. It is mutually agreed that all employees who were previously covered by the Pension Plan No. with the Sun Life Assurance Company of Canada, will be continued in the Sun Life plan. In addition to the Canada Pension Plan, all other employees will be covered by the Ontario Municipal Employees' ’ Retirement System Retirement will Retirementwill be in accordance with the rules and conditions of the Pension Plan. Retired employees and those who have left the Board's Board‘s employ after December will receive retroactive wage increases and benefits from benefitsfrom January to the date of retirement or retirementor last day of employment.