SUPPLEMENTARY BENEFITS PLAN Sample Clauses

SUPPLEMENTARY BENEFITS PLAN. The objective of the Plan is to supplement Employment Insurance benefits received by Employees while on parental leave.
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SUPPLEMENTARY BENEFITS PLAN. Payments to supplement benefits made through Employment Insurance (EI), or made in lieu of EI benefits in cases where the Employee does not qualify for EI, shall be made in accordance with Appendix 3. It is agreed that if the relevant legislation is changed, the Employer will take all necessary steps, including registration of the plan if required, to ensure that the benefits outlined in Appendix 3 are maintained.
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SUPPLEMENTARY BENEFITS PLAN. The objective of the Plan is to supplement Employment Insurance benefits received by Employees while on maternity leave.
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SUPPLEMENTARY BENEFITS PLAN. The objective of the Plan is to supplement Canada Employment Insurance Plan benefits received by Employees while on adoption leave.
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SUPPLEMENTARY BENEFITS PLAN. A.01 The members of the Bargaining Unit are covered by the plan. A.02 The plan is to supplement the Employment Insurance Benefits received by Teachers for temporary unemployment caused by pregnancy or adoption. A.03.1 Teachers must prove that they have applied for and are in receipt of the Employment Insurance Benefits in order to receive payment under the plan. A.04.1 The benefit level paid under this plan is set at ninety-five percent (95%) of the Teacher's normal weekly earnings for adoption and parental leave and one hundred percent (100%) of the Teacher’s normal weekly earnings for pregnancy leave. A.04.2 In any week, the total amount of the plan payments and the weekly rate of Employment Insurance Benefits will not exceed ninety-five percent (95%) for Teachers on parental or adoption leave or one hundred percent (100%) of the Teachers weekly earnings for teachers on pregnancy leave.
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SUPPLEMENTARY BENEFITS PLAN. The members of the Bargaining Unit are covered by the plan. The plan is to supplement the Employment Insurance Benefits received by Teachers for temporary unemployment caused by pregnancy or adoption. Teachers must prove that they have applied for and are in receipt of the Employment Insurance Benefits in order to receive payment under the plan. The benefit level paid under this plan is set at ninety-five percent (95%) of the Teacher's normal weekly earnings for adoption and parental leave and one hundred percent 00%) of the Teacher's normal weekly earnings for pregnancy leave. In any week, the total amount of the plan payments and the weekly rate of Employment Insurance Benefits will not exceed ninety-five percent (95%) for Teachers on parental or adoption leave or one hundred percent (100%) of the Teachers weekly earnings for teachers on pregnancy leave. The plan benefit will be paid for two (2) weeks. The plan is financed by District School Board Ontario North East. The duration of the plan is the length of the collective agreement. Teachers do not have a right to the plan payments except for the supplementation of Employment Insurance Benefits for the unemployment period as specified in the plan. Payments in respect of guaranteed annual remuneration or in respect of deferred remuneration or severance pay benefits will cot be reduced or increased by payments received under the plan.
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SUPPLEMENTARY BENEFITS PLAN. A.01 The members of the Bargaining Unit are covered by the plan.
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SUPPLEMENTARY BENEFITS PLAN. Effective the first day of the month following ninety (90) days from the date of ratification, the coverage provided under the Supplementary Benefits Plan shall be amended as follows: • Benefits coverage for Chartered Psychologist/Master of Social Work/Addictions Counsellor shall be reconfigured to eliminate the per-visit and 20 visit per year maximums and implement a combined maximum of $3000.00 per participant per benefit year. • There shall be no requirement for a written physician’s order for accessing compression stockings. A tiered fee guide for compression stockings shall be implemented with reimbursement at the following rates (or the Alberta Blue Cross Usual and Customary rates, whichever is greater): • compression stockings with a pressure gradient of less than 20 mmHg will be reimbursed to a maximum of $68.75/pair; • compression stockings with a pressure gradient between 20-29.99 mmHg will be reimbursed to a maximum of $218.75/pair; and • compression stockings with a pressure gradient greater than 30 mmHg will be reimbursed to a maximum of $250.00/pair. On behalf of the Union This Letter of Understanding shall end at the expiry date of the Collective Agreement. On behalf of the Employer April 24, 2023 Date Date April 25, 2023
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Related to SUPPLEMENTARY BENEFITS PLAN

  • 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.

  • Supplemental Retirement Plan During the Contract Period, if the Executive was entitled to benefits under any supplemental retirement plan prior to the Change in Control, the Executive shall be entitled to continued benefits under such plan after the Change in Control and such plan may not be modified to reduce or eliminate such benefits during the Contract Period.

  • 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 Plan The 2.7% at 55 retirement plan will be available to eligible bargaining unit members covered by this Section 6.1.

  • Benefits Plans During the Employment Period, You will be eligible to participate in all benefit plans in effect for executives and employees of the Company, subject to the terms and conditions of such plans.

  • Retirement Plans (a) In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (“Qualified Plans”) (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, Transfer Agent shall provide the following administrative services: (i) Establish a record of types and reasons for distributions (i.e., attainment of eligible withdrawal age, disability, death, return of excess contributions, etc.); (ii) Record method of distribution requested and/or made; (iii) Receive and process designation of beneficiary forms requests; (iv) Examine and process requests for direct transfers between custodians/trustees, transfer and pay over to the successor assets in the account and records pertaining thereto as requested; (v) Prepare any annual reports or returns required to be prepared and/or filed by a custodian of a Retirement Plan, including, but not limited to, an annual fair market value report, Forms 1099R and 5498; and file same with the IRS and provide same to Participant/Beneficiary, as applicable; and (vi) Perform applicable federal withholding and send Participants/Beneficiaries an annual TEFRA notice regarding required federal tax withholding. (b) Transfer Agent shall arrange for PFPC Trust Company to serve as custodian for the Retirement Plans sponsored by a Fund. (c) With respect to the Retirement Plans, Transfer Agent shall provide each Fund with the associated Retirement Plan documents for use by the Fund and Transfer Agent shall be responsible for the maintenance of such documents in compliance with all applicable provisions of the Code and the regulations promulgated thereunder.

  • Supplemental Compensation Pursuant to Section 7 of the Agreement, Supplemental Compensation is payable as follows.

  • Compensation Benefits Etc During the Employment Period, the Manager shall be compensated as follows: (a) The Manager shall (i) receive an annual cash base salary, payable not less frequently than semi-monthly, which is not less than the annualized cash base salary payable to Manager as of the Effective Date; (ii) be entitled to at least as favorable annual incentive award opportunity under the Company's annual incentive compensation plan as he did in the calendar year immediately prior to the year in which the Change of Control Event occurs; and (iii) be eligible to participate in all of the Company's long-term incentive compensation plans and programs on terms that are at least as favorable to the Manager as provided to the Manager in the four calendar years prior to the Effective Date. (b) The Manager shall be entitled to receive fringe benefits, employee benefits, and perquisites (including, but not limited to, vacation, medical, disability, dental, and life insurance benefits) which are at least as favorable to those made generally available as of the Effective Date to all of the Company's salaried managers as a group. In addition, the Manager shall be eligible to participate in the Company's Supplemental Retirement Income Program ("SRIP"). (c) Notwithstanding any other provision of this Agreement (whether in this Section 4, in Section 6, or elsewhere), (i) the Board of Directors may authorize an increase in the amount, duration, and nature of and/or the acceleration of any compensation or benefits payable under this Agreement, as well as waive or reduce the requirements for entitlement thereto and (ii) the Company may deduct from amounts otherwise payable to the Manager such amounts as it reasonably believes it is required to withhold for the payment of federal, state, and local taxes.

  • SERP Executive is a participant in the BB&T Corporation Non-Qualified Defined Benefit Plan (the “SERP”). The SERP was formerly known as the Branch Banking and Trust Company Supplemental Executive Retirement Plan. The SERP is a non-qualified, unfunded supplemental retirement plan which provides benefits to or on behalf of selected key management employees. The benefits provided under the SERP supplement the retirement and survivor benefits payable from the Pension Plan. Except in the event the employment of Executive is terminated by the Employer or BB&T for Just Cause and except in the event Executive terminates Executive’s employment for any reason other than Good Reason and such termination does not occur within twelve (12) months after a Change of Control (or, if later, within ninety (90) days after a MOE Revocation), the following special provisions shall apply for purposes of this Agreement: (i) The provisions of the SERP shall be and hereby are incorporated in this Agreement. The SERP, as applied to Executive, may not be terminated, modified or amended without the express written consent of Executive. Thus, any amendment or modification to the SERP or the termination of the SERP shall be ineffective as to Executive unless Executive consents in writing to such termination, modification or amendment. The Supplemental Pension Benefit (as defined in the SERP) of Executive shall not be adversely affected because of any modification, amendment or termination of the SERP. In the event of any conflict between the terms of this Section 1.7.7(i) and the SERP, the provisions of this Section 1.7.7 (i) shall prevail. Executive hereby agrees and consents to Employer’s amendment of the SERP to comply with Section 409A.

  • Supplemental Executive Retirement Plan The Executive shall participate in the Company's Unfunded Pension Plan for Selected Executives (the "SERP").

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