Common use of Provision of Benefits Clause in Contracts

Provision of Benefits. The Company will apply its contributions in accordance with the requirements of any relevant legislation and the regulations thereunder, and will fund all pensions, deferred life annuities and other benefits in accordance with the tests for solvency prescribed by such legislation and regulations. Each member of the Plan will receive a copy of the Plan and amendments thereto which explain the rights and duties of members with reference to benefits and options available under the Plan.

Appears in 7 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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