Supplementary Benefit Sample Clauses

Supplementary Benefit. 1 Employees who are entitled to unemployment (WW) benefit and whose uncapped daily wage exceeds the WW daily wage are also entitled to supplementary benefit.
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Supplementary Benefit. For up to 15 weeks, an eligible employee will receive a supplementary benefit equal to the difference between 70% of 40 hours a week at base rate and the EI benefit received. In no case shall the total of EI, SUB or any other remuneration exceed 95% of pre-leave earnings averaged over the preceding 12 months. Four weeks prior to the expected date of leave. No earlier than 13 weeks before expected due date. • Date of hire. • Employee must be in receipt of EI Maternity Leave Benefits. • No benefit during the one week waiting period for EI. Up to 15 weeks. Such leave may begin not earlier than thirteen (13) weeks prior to the estimated date of confinement and end not later than seventeen (17) weeks following the date of confinement.
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Supplementary Benefit. ‌ 24.16 Regular employees excluding regular employees who are either on layoff or leave of absence without pay, unless that leave of absence is for medical reasons associated with the pregnancy, are entitled to receive up to 18 weeks of Supplementary Benefit, provided they have applied for and are eligible to receive at least 18 weeks of Employment Insurance maternity or parental benefits. The Supplementary Benefit will be paid as follows: (a) Where an employee is required to serve a 1-week waiting period for Employment Insurance maternity or parental benefits, the University will pay 95% of the employee’s normal basic earnings for the first 1 week. For the last week of parental leave, regardless of the length of parental leave chosen, the employee will receive from the University the equivalent of 1 week at 55% of average weekly Employment Insurance insurable earnings to reflect the 1-week reduction in the Employment Insurance benefit waiting period. (i) During the next 17 weeks of maternity or parental leave, the employee will receive from the University a salary payment equal to the difference between 95% of the employee’s normal basic earnings and the amount of Employment Insurance maternity or parental benefits which the employee is receivingor; (ii) Provided the employee otherwise meets the eligibility requirements for Employment Insurance maternity or parental benefits set out in the preamble of Article 24.16, the amount of Employment Insurance maternity or parental benefits which the employee would have received if the employee had not been disqualified from receiving or continuing to receive such benefits for one of the reasons listed in Article 24.18. (b) Where a 1-week waiting period for Employment Insurance maternity or parental benefits is not required, the University will pay the employee, for up to 18 weeks, a salary payment equal to the difference between 95% of the employee’s normal basic earnings and the amount of Employment Insurance maternity or parental benefits which the employee is receiving or; (i) Provided the employee otherwise meets the eligibility requirements for Employment Insurance maternity or parental benefits set out in the preamble of Article 24.16, the amount of Employment Insurance maternity or parental benefits which the employee would have received if the employee had not been disqualified from receiving or continuing to receive such benefits for one of the reasons listed in Article 24.18.
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Supplementary Benefit. An employee who retires on and after June 3, 1989 but prior to February 1, 1992 at age 58 or over and whose age plus service with the current company total 88 or more, will receive a supplement to his pension. An employee who retires on and after February 1, 1992 but prior to February 1, 1993 at age 57 or over and whose age plus service with the current company total 87 or more will receive a supplement. An employee who retires on and after February 1, 1993 at age 55 or over and whose age plus service with the current company total 85 or more will receive the supplement. The supplement will be determined as follows: (i) if, at retirement, the employee is less than the earliest age at which the Canada Pension Plan retirement benefits can start (for the rest of this paragraph referred to as the “CPP early retirement age”), the initial supplement will be equal to the maximum CPP retirement benefit payable to a person age 65 in the year of the employee’s retirement. On the retired employee attaining the CPP early retirement age, the supplement will be reduced so that the percentage of the original supplement which continues to be payable shall be equal to the percentage by which the CPP retirement benefit would be reduced if it were to start at the CPP early retirement age. (ii) if, at retirement, the employee is older than the CPP early retirement age, the supplement will be equal to a percentage of the maximum CPP retirement benefit payable to a person age 65 in the year of the employee’s retirement. The percentage shall be equal to the percentage by which the CPP retirement benefit would be reduced if it were to start at the employee’s retirement date. (iii) An employee who retires on August 15, 1997 at age 55 or over and whose age plus service with the current Company total 85 or more will, in addition to the supplement referred to in paragraph (i) and (ii) above, receive an additional supplement commencing at ages 60, 59, 58, 57, 56 and 55 in the years specified below and lasting until the employee attains the age of 65. This additional supplement will be two hundred and thirty-three dollars and eighty-three cents ($233.83) per month. Effective June 29, 2003, the supplement will be increased to two hundred and forty-two dollars and forty-nine cents ($242.49) per month. Effective February 1, 2006, the supplement will be increased to two hundred and eighty-five dollars and twenty-five cents ($285.25) per month. Effective February 1, 2009, the supplement wil...
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Supplementary Benefit. Regular employees excluding regular employees who are either on layoff or leave of absence without pay, unless that leave of absence is for medical reasons associated with the pregnancy, are entitled to receive up to 18 weeks of Supplementary Benefit, provided they have applied for and are eligible to receive at least 18 weeks of Employment Insurance maternity or parental benefits. The Supplementary Benefit will be paid as follows:
Sample 1
Supplementary Benefit. A supplementary pension benefit related to overtime earnings equal to the excess of: i) 2% x 1983 gross earnings x years of credited service up to December 31, 1985 plus 2% of current gross earnings for years in the Pension Plan between January 1, 1986 and December 31, 1993. These accrued benefits will be adjusted by 100% of the increase in the Consumer Price Index (CPI) (All Items, Canada) so as to determine a revised accrued benefit as at December 31, 1993 as follows: a) By 100% CPI increase from 1983 to 1993 in the case of benefits earned for service up to December 31, 1985; b) By 100% CPI increase from the year in which the benefit was earned to 1993 in the case of benefits for service after 1985. CPI for any given year will be defined as the average of the twelve monthly CPI figures during that year.
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Supplementary Benefit. The Plan provides supplementarybenefits to supplementbasic pension income which are payable to the statutory benefit age of sixty-five (65) years and are not actuarially reduced in the case of early retirement at age sixty-two (62) or over, disability retirement or Special Early Retirement. The supplementarybenefit of thirteen dollars and cents ($13.50) per month is multiplied by the number of credited service. Supplementary benefits statutory benefit age are subject to a maximum of one hundred and seventy-six dollars and fifty cents ($176.50) per month and reducedby the statutory benefit. An employeewho becomes totally and permanently disabled as defined in the Plan prior to his sixty-fifth (65th) birthday and who has ten or more years of credited service shall be eligible to make application for a disability retirement.
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Supplementary Benefit. 10.2.1. Upon appointment, Senior Medical Officers will be offered a contract which will provide a Supplementary Benefit and which will outline private practice arrangements as appropriate. This Supplementary Benefit does not form part of this Agreement.
Sample 1
Supplementary Benefit. The rate of contribution to be paid by companies shall be raised to 1.4% as of January 1st 2012 and to 1.6% as of January 1st 2013, provided that subscribing workers contribute with an equal quota (it should be borne in mind that the rate today is 1.2% and that more than 70% of subscribing workers already pay a higher rate). As of January 1st 2013 the rate for apprentices shall also be raised to 1.6%.
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Related to Supplementary Benefit

  • Survivor Benefit Upon the death of a regular employee who leaves a spouse and/or dependants enrolled in the Medical Services Plan, Dental Plan and Extended Health Benefit Plan, such enrolment may continue for twelve (12) months following the employee’s death, provided the enrolled family members pay the employee’s share of the cost of the premium for the plans. The Employer shall advise the survivor of this benefit.

  • Supplemental Retirement Benefit The Executive will be entitled to receive a monthly Supplemental Retirement Benefit (the "Supplemental Retirement Benefit") commencing on the first day of the month coincident with or following the later of the Executive's termination of employment or attainment of age 60 and continuing for the remainder of his life. Unless otherwise elected by the Executive, the Supplemental Retirement Benefit shall be payable in the form of a 50% joint and survivor annuity which shall be unreduced for the actuarial value of the survivor's benefit. If the Executive's spouse at the time of his death is not more than four years younger than the Executive, the survivor benefit shall be equal to 50% of the Executive's benefit and shall be payable to his spouse for the remainder of the spouse's life. If the Executive's spouse at the time of his death is more than four years younger than the Executive, the benefit payable to the spouse shall be reduced to a benefit having the same actuarial value as the benefit that would have been payable had the spouse been four years younger than the Executive. The Executive shall also have the right to elect a 100% joint and survivor annuity, on an actuarially-reduced basis or a lump-sum payment, on an actuarially-reduced basis (if the Executive makes a timely lump-sum election which avoids constructive receipt), or any other form of payment available or provided under the "Supplemental Plans" defined in this Section 8. Actuarial reductions shall be based on the actual ages of the Executive and his spouse at the time of retirement. If the Executive is not married at the time of his retirement, actuarial adjustments shall be made as if the Executive had a spouse with the same date of birth as the Executive. In the event that the Executive elects a form of payment other than the automatic 50% joint and survivor annuity or other than a lump sum payment, and remarries subsequent to retirement, the benefits payable under this Section shall be actuarially adjusted at the time of the Executive's death to reflect the age of the subsequent spouse. If the Executive elects a lump sum payment at retirement, no further benefits will be payable under this Section.

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • Supplemental Retirement Benefits The terms and conditions for the payment of supplemental retirement benefits are set forth in a separate written agreement between the parties.

  • Survivor Benefits 1. A surviving dependent of a retiree who was eligible to receive a Retiree Medical Grant, as stated above in A through C, and who qualifies for a monthly allowance shall be eligible for fifty (50) percent of the Grant authorized for the retiree. 2. A surviving eligible retiree who qualifies for a monthly retirement allowance who was married to a retiree who was also eligible for a Grant shall receive the survivor benefit described in D.1., above, or his or her own Grant, whichever is greater. Such retiree shall not be eligible for both Grants.

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

  • Supplementary Vacation The supplementary vacations as set out below are to be banked on the outlined supplementary vacation employment anniversary date and taken at a mutually agreeable time subsequent to the current supplementary vacation employment anniversary date but prior to the next supplementary vacation employment anniversary date: (i) upon reaching the employment anniversary of twenty-five (25) years of continuous service, employees shall have earned an additional five (5) work days’ vacation with pay; (ii) upon reaching the employment anniversary of thirty (30) years of continuous service, employees shall have earned an additional five

  • SUPPLEMENTARY INDEX Exhibit A-Local Church Vote Certification Exhibit B-Bill of Sale Exhibit C-Deed(s) Exhibit D-FIRPTA Schedule 3.2-Other Liabilities Schedule 3.4-Financial Statements Schedule 4.3-Subsidiaries Schedule 4.7-Leases & Land Schedule 4.8-Personal Property

  • Early Retirement Benefit Upon Termination of Service prior to the Normal Retirement Age for reasons other than death, Change of Control or Disability, the Company shall pay to the Director the benefit described in this Section 4.2 in lieu of any other benefit under this Agreement.

  • Normal Retirement Benefit Upon Termination of Employment on or after the Normal Retirement Age for reasons other than death, the Company shall pay to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Agreement.

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