Retirement Scheme. The Employee shall have the benefit of participation in the mandatory provident fund scheme provided by the Company subject to the terms and conditions of such scheme from time to time in force, and the mandatory payments by the Company shall not exceed the statutory minimum.
Retirement Scheme. Proprietary Employers (i.e. For-Profit Employers)
Retirement Scheme. (Effective 2002)
Retirement Scheme. Upon completion of three (3) months service, eligible employees shall be brought within the scope of the Retirement Scheme as outlined in Appendix C.
Retirement Scheme. Upon completion of three (3) months service, eligible employees shall be brought within the scope of the Retirement Scheme as outlined in Appendix C. ARTICLE 51 - PROVISIONS OF WAGE SCHEDULES 51.01 Wages will be paid each employee in accordance with Article 55 (Wage Schedules).
Retirement Scheme. The Employer will provide a Retirement Plan to all post probationary Employees. December 1, 2015 contributions may be made at four point five percent (4.5%) or five percent (5%) of straight time earnings at the Employees choice and matched by the Employer. April 1, 2016 contributions may be made at four point seven five percent (4.75%) or five point two five percent (5.25%) of straight time earnings at the Employees choice and matched by the Employer. The Employee may add to their portion of the contributions. The Plan shall be self directed. Any administrative costs shall be borne by the Employer.
Retirement Scheme. All regular full-time employees and regular part-time employees, upon completion of the probationary period, shall be enrolled in a Retirement Scheme, the terms and conditions of which are as follows.
Retirement Scheme. The Vendors warrant that there is no retirement scheme operated in respect of the Directors and employees of the Company.
Retirement Scheme. 8.1 With effect from the termination date, the employee shall no longer be a member of the company’s retirement scheme (“the retirement scheme”) and he shall be required to make his own arrangements in respect of his retirement funding.
8.2 Notwithstanding the aforegoing, the company has agreed to make payment of the amount referred to in 10.1.6 to assist the employee in funding such arrangements.
8.3 The employee’s entitlements, if any, in terms of the retirement scheme shall be determined in accordance with the rules of the retirement scheme and the employee shall be required to liaise directly with the retirement scheme in order to receive his entitlements.
Retirement Scheme. All employees on the rolls of the Company will retire from the services of the Company on reaching the age as per the State statutory act / 60 years.
