Common use of PERSONNEL BENEFITS Clause in Contracts

PERSONNEL BENEFITS. ‌ 28.01 Personnel Benefits Committee A Personnel Benefits Committee consisting of not more than 11 members, 3 of whom will be appointed by the Union, will be established. The Committee will meet at least semi- annually to review, discuss and make recommendations on matters of mutual interest concerning the benefits under the Staff Pension Plan, the Group Life Insurance Plan, the Medical Insurance Plan and the Dental Plan. Two of the Union members of the Personnel Benefits Committee will be members of the Staff Pension Plan Committee. The existence of the Personnel Benefits Committee will not preclude either party from proposing changes in these benefits at the time of collective bargaining. 28.02 Pension Plan Section A - Pension Plan Participation and Contributions‌ (a) All regular employees 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.

PERSONNEL BENEFITS. ‌ 28.01 Personnel Benefits Committee A Personnel Benefits Committee consisting of not more than 11 members, 3 of whom will be appointed by the Union, will be established. The Committee will meet at least semi- annually to review, discuss and make recommendations on matters of mutual interest concerning the benefits under the Staff Pension Plan, the Group Life Insurance Plan, the Medical Insurance Plan and the Dental Plan. Two of the Union members of the Personnel Benefits Committee will be members of the Staff Pension Plan Committee. The existence of the Personnel Benefits Committee will not preclude either party from proposing changes in these benefits at the time of collective bargaining. 28.02 Pension Plan Section A - Pension Plan Participation and Contributions‌ (a) All regular employees 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 inclusiveof 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.

PERSONNEL BENEFITS. ‌ 28.01 Personnel Benefits Committee A Personnel Benefits Committee consisting of not more than 11 members, 3 of whom will be appointed by the Union, will be established. The Committee will meet at least semi- annually to review, discuss and make recommendations on matters of mutual interest concerning the benefits under the Staff Pension Plan, the Group Life Insurance Plan, the Medical Insurance Plan and the Dental Plan. Two of the Union members of the Personnel Benefits Committee will be members of the Staff Pension Plan Committee. The existence of the Personnel Benefits Committee will not preclude either party from proposing changes in these benefits at the time of collective bargaining. 28.02 Pension PlanPlan‌‌ Section A - Pension Plan Participation and Contributions‌Contributions (a) All regular employees 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.