Retirement Savings Plan. Within fifteen (15) days after the date of Termination of Employment, the Company shall pay to Employee a cash payment in an amount, if any, necessary to compensate Employee for the Employee’s unvested interests under the Company’s retirement savings plan which are forfeited by Employee in connection with the Termination of Employment.
Retirement Savings Plan. 1. The Corporation shall contribute .5% of the employee’s scheduled salary into a 401(A) plan.
Retirement Savings Plan. To the extent not already vested pursuant to the terms of such plan, the Employee’s interests under the Parent’s retirement savings plan shall be automatically fully (i.e., 100%) vested, without regard to otherwise applicable percentages for the vesting of employer-matching contributions based upon the Employee’s years of service with the Company.
Retirement Savings Plan. For all members of the bargaining unit hired and enrolled in the USNH 403(b) Retirement Plan, the University System of New Hampshire shall provide retirement options as described in USNH benefit policy, summarized below:
Retirement Savings Plan. 38.01 The Employer shall maintain a Registered Retirement Savings Plan (RRSP) in which there shall be voluntary participation by regular Employees.
Retirement Savings Plan. The University System of New Hampshire offers eligible Lecturer Faculty members the opportunity to participate in a 403(b) voluntary defined contribution retirement plan. The Summary of Plan Provisions describes plan information, including but not limited to eligibility, enrollment, contribution levels, vesting (including breaks in service), beneficiaries, withdrawals, involuntary termination, additional retirement contributions, and annual limits. The Plan is subject to federal laws, such as the Internal Revenue Code (IRS) and other federal and state laws. The provisions of the Plan are subject to revision due to changes in laws or to pronouncement(s) by the IRS.
Retirement Savings Plan. The Company has adopted the CenturyLink Union 401(k) Plan (the R “401(k) Plan”) and agrees to include employees covered by this Agreement as members of such 401(k) Plan, as soon as administratively feasible following ratification of this agreement, in accordance with the Savings Agreement as included below. In addition, the Company agrees to withhold employee contributions as provided in said Savings Agreement and to make Company contributions thereto. Said Savings Agreement shall be continued without modification for the life of this Agreement; provided, however, the Company (and for this purpose only "Company" shall include CenturyLink Corporation) retains the right to make such changes in the 401(k) Plan, in its sole discretion, as may be required to obtain a ruling from the Commissioner of Internal Revenue that the 401(k) Plan qualifies under Section 401(a) and 401(k) of the Internal Revenue Code of 1986 as amended from time to time, and that the Trust implementing the 401(k) Plan is exempt from taxation under Section 501(a) of said Code, to satisfy any applicable state or federal statute, regulation, ruling, court decision or other law applicable to said 401(k) Plan, or to administer said 401(k) Plan in an orderly and efficient manner. Any such action taken by the Company in its sole discretion with respect to the 401(k) Plan shall apply to all similarly situated employees of the Company in a uniform manner. The Company agrees to notify the Union of any such action.
Retirement Savings Plan. All employees who made the one-time election, or began employment on or after July 1, 2005, are limited to Option #2. The purpose of the Retirement Savings Plan is to encourage employees to develop a financial plan for their future by providing money, which would otherwise have been available at retirement, for investment during the course of employment with the District.
Retirement Savings Plan. 32.01 For all employees hired after December 13, 2007, the RRSP contribution specified in this section shall be available only to full time employees as defined in Appendix A-1.04. The Company agrees to make an annual contribution to an RSP of the employees' choice in an amount of not less than two hundred ($200.00) dollars per person for each employee with (1) one year or more of continuous service by December 31st of each year. Employees with ten (10) years or more years of continuous service by December 31st of each year, will receive two hundred and seventy five ($275.00) dollars. Such contribution to be received by the Plan no later than February 28th of each year.
Retirement Savings Plan. 34.01 The Employer will offer an Employee self-directed, Registered Retirement Savings Plan (RRSP) for Regular Full-time and Regular Part-time Employees (who are normally scheduled to work forty (40) hours bi-weekly or more of the normal work hours in a bi weekly pay period.) Participation will be on a voluntary basis.
