Start-Up Costs. 4.2.1 The Government of Ontario will provide: a) A one-time contribution to the Trust equal to 15% of annual benefit costs, as defined in 4.2.2 below, to establish a Claims Fluctuation Reserve (“CFR”). The amount shall be paid to the Trust on or before September 1, 2016.
Appears in 6 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Start-Up Costs. 4.2.1 The Government of Ontario will provide:
a) A one-time contribution to the Trust equal to 15% of annual benefit costs, as defined in
4.2.2 below, to establish a Claims Fluctuation Reserve (“CFR”). The amount shall be paid to the Trust on or before September 1, 2016.
Appears in 1 contract
Samples: Collective Agreement
Start-Up Costs. 4.2.1 4 .2.1 The Government of Ontario will provide:
a) A one-time contribution to the Trust equal to 15% of annual benefit costs, as defined in
in 4.2.2 below, to establish a Claims Fluctuation Reserve (“"CFR”"). The amount shall be paid to the Trust on or before September 1, 2016.
b) A one-time contribution of a half month's premium cost (4.15% of annual benefit costs) to the Trust, to cover start-up costs and/or reserves.
Appears in 1 contract
Samples: Memorandum of Settlement
Start-Up Costs. 4.2.1 3.2.1 The Government of Ontario will provide:
ai) A one-time contribution to the Trust equal to 15% of annual benefit costs, as defined in
4.2.2 belowin 3.2.2, to establish a Claims Fluctuation Reserve (“CFR”). The amount shall be paid to the Trust on or before September 1, 2016.
Appears in 1 contract
Samples: Collective Agreement
