RETIREMENT AND PENSION PLAN Sample Clauses

RETIREMENT AND PENSION PLAN. 23.01 An employee may retire at age sixty-five or later. 23.02 An employee may retire earlier than age sixty-five if he/she retires on account of disability or is granted under the Public Service Superannuation Act: (i) an annual allowance (an actuarily reduced pension); (ii) an immediate pension.

RETIREMENT AND PENSION PLAN. 14:01 The Ontario Municipal Employees Retirement System (OMERS) will apply to all full time employees and eligible part timers who request enrolment excepting any person holding an Ontario Teaching Certificate who is a member of "The Teachers Pension Plan". The Board will match the employees contributions to OMERS as per the OMERS scale. 14:02 All eligible employees are required, as a condition of employment, to enrol in the OMERS plan.

RETIREMENT AND PENSION PLAN. 0l (a) The normal retirement age shall be sixty-five (65). The Employer may extend an employee's employment beyond age sixty-five (65) provided that:

RETIREMENT AND PENSION PLAN. The Ontario Municipal Employee's Retirement System (OMERS) will apply to all full-time ten and twelve month employees covered by this agreement. Part time employees eligible under the requirements of OMERS may request enrolment in the pension plan. The Board will match the employee's contributions as per the OMERS scale.

RETIREMENT AND PENSION PLAN. 22.01 (a) The normal retirement age shall be sixty-five (65). The Employer may extend an employee's employment beyond age sixty-five (65) provided that: (i) the employee requests such extension in writing a minimum of three (3) months prior to reaching the normal retirement age; (ii) there shall be no interruption and/or discontinuation of service; and (iii) the employee's health is satisfactory; the Employer may request evidence of satisfactory health during the extended employment period. Failure to provide evidence of satisfactory health may result in termination of the extended employment period.

RETIREMENT AND PENSION PLAN. 31.01 UWO shall continue the UWO Pension Plan for members of the Administrative Staff, hereafter called the Pension Plan, and such Pension Plan shall be governed in accordance with the official Pension Plan documents which shall be provided to UWOSA upon request. Any change to the official Pension Plan documents will be provided to UWOSA forthwith upon it taking effect. 31.02 Employees will continue to be eligible to participate in the Pension Plan in accordance with the official Pension Plan documents current at ratification. 31.03 Unless an employee retires under the early retirement provisions of the Pension Plan, all employees will retire on their normal retirement date, i.e. the first day of the month next following their sixty-fifth birthday. 31.04 The electoral process prevailing at the date of certification for selecting Pension Plan members to sit on the Board of the Pension Plan shall be maintained. 31.05 Contributions to the Pension Plan shall be made for eligible employees in accordance with the current official plan documents, namely as follows:

RETIREMENT AND PENSION PLAN. 31.01 Western shall continue the Western Pension Plan for members of the Administrative Staff, hereafter called the Pension Plan, and such Pension Plan shall be governed in accordance with the official Pension Plan documents which shall be provided to UWOSA upon request. Any change to the official Pension Plan documents will be provided to UWOSA forthwith upon it taking effect. 31.02 Employees will continue to be eligible to participate in the Pension Plan in accordance with the official Pension Plan documents current at ratification. Notwithstanding a break of Service as outlined in Article 10.03 (c), employees may continue to be members of the Pension Plan for Administrative Staff, in accordance with the official Pension Plan documents. 31.03 For the purposes of this agreement, the Normal Retirement Date is defined as the first day of the month following an employee’s attainment of 65 years of age. An employee`s Retirement Date may be at any time within ten years immediately preceding their Normal Retirement Date or any time following the attainment of their Normal Retirement Date. The earliest Retirement Date is the first day of the month following an employee`s attainment of 55 years of age. 31.04 The electoral process prevailing at the date of certification for selecting Pension Plan members to sit on the Board of the Pension Plan shall be maintained. 31.05 Contributions to the Pension Plan shall be made for eligible employees in accordance with the current official plan documents, namely as follows:

RETIREMENT AND PENSION PLAN. Bargaining unit employees shall participate in the pension and/or retirement plans under the same terms and conditions as the City’s sworn police Administrative Officers, as set forth in Chapter 21 of the City’s Code of Ordinances, which may be amended from time to time.

RETIREMENT AND PENSION PLAN. 17.01 It is a requirement of employment that all eligible employees must become members of the Ontario Municipal Employees Retirement System (OMERS) and abide by the Regulations of same.

RETIREMENT AND PENSION PLAN. The Board and the Union agree that Articles 18:01, 18:02 and 18:03 only apply to employees, other than Boosters.