Common use of Re: Pensions [Participation in Jointly Trusteed Pension Plan (XXXX Clause in Contracts

Re: Pensions [Participation in Jointly Trusteed Pension Plan (XXXX. (i) The parties agree to participate in the Health Care Employees’ Pension Plan – Manitoba (XXXX) in accordance with its terms and conditions including an established contributions rate as set out in the XXXX Trust Agreement, XXXX Pension Plan text and other applicable written policies and guidelines. (ii) Any disputes with respect to the level of pension entitlement shall not be subject to the grievance and arbitration procedure under this agreement but shall be subject to adjudication in accordance with the terms of XXXX. (iii) In the event that the contributions required by the XXXX Plan text are not sufficient to fund the necessary pension benefits, the parties to this agreement shall meet forthwith to determine an appropriate funding mechanism. The contribution rate may only be amended by the process outlined in the Pension Plan text or through collective bargaining. (iv) Employer and employee contribution rates for the HealthCare Employees’ Pension Plan – Manitoba (XXXX) to be increased as follows:  January 1, 2011 - Employer contribution rate to increase by 1.0% (Employer portion 0.5% and employee portion 0.5%)  April 1, 2012 - Employee contribution rate to increase by 0.8% (Employer portion 0.4% and employee portion 0.4%)  April 1, 2013 – o Employer contribution rate to increase by 0.1% resulting in an overall contribution rate increase of 1.1% o Employee contribution rate to increase by 0.3% resulting in an overall contribution rate increase of 1.1%. o (resulting in the new rates of 7.9% up to YMPE and 9.5% for earnings in excess of YMPE)

Re: Pensions [Participation in Jointly Trusteed Pension Plan (XXXX. (i) The parties agree to participate in the Health Care Employees’ Pension Plan – Manitoba (XXXX) in accordance with its terms and conditions including an established contributions rate as set out in the XXXX Trust Agreement, XXXX Pension Plan text and other applicable written policies and guidelines. (ii) Any disputes with respect to the level of pension entitlement shall not be subject to the grievance and arbitration procedure under this agreement but shall be subject to adjudication in accordance with the terms of XXXX. (iii) In the event that the contributions required by the XXXX Plan text are not sufficient to fund the necessary pension benefits, the parties to this agreement shall meet forthwith to determine an appropriate funding mechanism. The contribution rate may only be amended by the process outlined in the Pension Plan text or through collective bargaining. (iv) Employer and employee contribution rates for the HealthCare Employees’ Pension Plan – Manitoba (XXXX) to be increased as follows:  • January 1, 2011 - Employer contribution rate to increase by 1.0% (Employer portion 0.5% and employee portion 0.5%)  • April 1, 2012 - Employee contribution rate to increase by 0.8% (Employer portion 0.4% and employee portion 0.4%)  • April 1, 2013 – o Employer contribution rate to increase by 0.1% resulting in an overall contribution rate increase of 1.1% o Employee contribution rate to increase by 0.3% resulting in an overall contribution rate increase of 1.1%. o (resulting in the new rates of 7.9% up to YMPE and 9.5% for earnings in excess of YMPE)

Re: Pensions [Participation in Jointly Trusteed Pension Plan (XXXX. (i) The parties agree to participate in the Health Care Employees’ Pension Plan – Manitoba (XXXX) in accordance with its terms and conditions including an established contributions rate as set out in the XXXX Trust Agreement, XXXX Pension Plan text and other applicable written policies and guidelines. (ii) Any disputes with respect to the level of pension entitlement shall not be subject to the grievance and arbitration procedure under this agreement but shall be subject to adjudication in accordance with the terms of XXXX. (iii) In the event that the contributions required by the XXXX Plan text are not sufficient to fund the necessary pension benefits, the parties to this agreement shall meet forthwith to determine an appropriate funding mechanism. The contribution rate may only be amended by the process outlined in the Pension Plan text or through collective bargaining. (iv) Employer and employee contribution rates for the HealthCare Employees’ Pension Plan – Manitoba (XXXX) to be increased as follows:  January 1, 2011 - Employer contribution rate to increase by 1.0% (Employer portion 0.5% and employee portion 0.5%)  April 1, 2012 - Employee contribution rate to increase by 0.8% (Employer portion 0.4% and employee portion 0.4%)  • April 1, 2013 – o Employer contribution rate to increase by 0.1% resulting in an overall contribution rate increase of 1.1% o Employee contribution rate to increase by 0.3% resulting in an overall contribution rate increase of 1.1%. o (resulting in the new rates of 7.9% up to YMPE and 9.5% for earnings in excess of YMPE)