Plan Formula. Effective October 1, 2001 there will be a Reduction of CPP integration adjustment factor from .625% to .500%. The employee’s contributions will increase by .5% if and when the assets fall below 106% of the liabilities based upon a solvency valuation.
Appears in 5 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Plan Formula. Effective October 1, 2001 there will be a Reduction of CPP integration adjustment factor from .6250.625% to .5000.500%. The employee’s contributions will increase by .50.5% if and when the assets fall below 106% of the liabilities based upon a solvency valuation.
Appears in 3 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Plan Formula. Effective October 1, 2001 there will be a Reduction of CPP integration adjustment factor from .625% to .500%. The employee’s employee‟s contributions will increase by .5% if and when the assets fall below 106% of the liabilities based upon a solvency valuation.
Appears in 1 contract
Samples: Collective Agreement
Plan Formula. Effective October 1, 2001 there will be a Reduction of CPP integration adjustment factor from .6250.625% to .5000.500%. The employee’s contributions will increase by .5% if and when the assets fall below 106% of the liabilities based upon a solvency valuation. Effective April 1, 2009 employee contributions will increase to 7.0% below and above the YMPE.
Appears in 1 contract
Samples: Collective Agreement
Plan Formula. Effective October 1, 2001 there will be a Reduction of CPP integration adjustment factor from .6250.625% to .5000.500%. The employee’s employee‟s contributions will increase by .5% if and when the assets fall below 106% of the liabilities based upon a solvency valuation. Effective April 1, 2009 employee contributions will increase to 7.0% below and above the YMPE.
Appears in 1 contract
Samples: Collective Agreement
Plan Formula. Effective October 1, 2001 there will be a Reduction of CPP integration adjustment factor from .625% to .500%. The employee’s employee‟s contributions will increase by .5% if and when the assets fall below 106% of the liabilities based upon a solvency valuation. Effective April 1, 2009 employee contributions will increase to 7.0% below and above the YMPE.
Appears in 1 contract
Samples: Collective Agreement