RETIREMENT AND PENSION. The parties agree to implement pension changes as outlined below. The changes in numbers 24.03 (a) 1 to 5 below shall apply to all active members as at April 1, 1998 and all new members who have joined after that date. Any revisions to the plan text which are necessary to achieve the intent of the above changes will be submitted by the Employer to the Union in draft form, for approval by the Union, prior to being finalized. The costs incurred by the Union for actuarial services with regard to the current round of collective bargaining shall be paid by the Employer from the fund as an expense of plan administration. Further, it is agreed Article 24 will be amended as follows:
RETIREMENT AND PENSION. The Employer shall provide coverage, to all employees covered by this Agreement, under a Company-sponsored 401(k) Plan (the “401(k) Plan”), in accordance with the terms of the 401(k) Plan, as applicable to the Union.
RETIREMENT AND PENSION. Section 10.1 Jewel Retirement Estates— Regular Full-time Em ployees 26 ARTICLE XI NO STRIKE; NO LOCKOUT. 26 ARTICLE XII GRIEVANCES AND ARBITRATION Section 12.1 Grievances 27 Section 12.2 Arbitration 27-28 ARTICLE XIII TERM Section 13.1 Initial Term 28 Section 13.2 Renewal Term 29 APPENDIX A WAGES Section A.l Wage Rates 30-31 Section A.2 Cost-of-Living Allowance 32-33 EXHIBIT A 34 CHICAGO TRUCK DRIVERS, HELPERS AND WAREHOUSE W ORKERS UNION ( In d ap an d an t ) AND JEWEL FOOD STORES DIVISION OF JEWEL COM PANIES, INC. C ontract: W arehouse Term: 4 /1 /79 - 3 /31/82 DATE OF EXECUTION This Agreement made and entered into by and between the Jewel Food Stores Division of Jewel Companies, Inc., hereinafter referred to as the “ Employer” and Chicago Truck Drivers, Helpers and Warehouse Workers Union (Independent), hereinafter referred to as the “ Union” this 28th day of June, 1979.
RETIREMENT AND PENSION. As further compensation for the services of the Executive:
RETIREMENT AND PENSION. The amended retirement and pension plan of the company DAC-1-66, together with all amendments thereto, is hereby ratified, affirmed and approved. It shall be amended as follows: Beginning September 1, 2008, or as soon thereafter as practicable, the 2% of covered pay (the plan covers pay up to $75,000.00 per year) employee contributions requirement would be eliminated for all future years. Employee contributions already made for pay periods prior to September 1, 2008 would remain in the plan, and continue being credited with interest as before. All current rights and features of the plan and the current participants accrued and projected benefits at 65 would remain as is. The current benefit formula for retirement pension at 65 would remain unchanged. However, the current plan stipulation that the benefit formula would apply only to pay periods for which eligible employees made required contributions would not apply for the purposes of determining additional benefit accruals after September 1, 2008. All eligible employees currently not participating in the plan due to their election not to make the required contributions would be enrolled in the plan effective September 1, 2008. The Company will provide Agents with a voluntary 401(k) plan to be funded by the Agents via payroll deduction.
RETIREMENT AND PENSION. SECTION 1 Full time employees who retire shall be entitled to a lump sum payment for vacation time earned.
RETIREMENT AND PENSION. 28.01 Until December 31st 2006, employees attaining the age of sixty-five (65) must retire from work. After that date, employees may choose to continue to work but no contributions to pension or benefits as set out in Article 22 shall be made on their behalf by the employer.
RETIREMENT AND PENSION. The Parties agree that employees over the age of
RETIREMENT AND PENSION. 1. Save for the case of a Magistrate employed on a fixed term contract for service, the office of Magistrate shall be a pensionable office.
