Common use of Trustee Expenses and Remuneration Clause in Contracts

Trustee Expenses and Remuneration. The Board may pay from the Pension Fund: (a) to a Trustee or a person appointed to a committee of the Board an allowance for reasonable travel and other expenses necessarily incurred by that person in carrying out the business of the Board; (b) to a Trustee or a person appointed to a committee of the Board, if the Trustee or person is not receiving remuneration from any other source for acting as a Trustee or as a committee member, remuneration that has been set by the Board; and (c) to an organization specified by a Trustee or a person appointed to a committee of the Board, remuneration for the services of the Trustee or person at the rate set by the Board under subsection (b).

Appears in 3 contracts

Samples: Joint Trust Agreement, Municipal Pension Plan Joint Trust Agreement, Joint Trust Agreement

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Trustee Expenses and Remuneration. The Board may pay from the Pension Fund: (a) to a Trustee or a person appointed to a committee of the Board an allowance for reasonable travel and other expenses necessarily incurred by that person in carrying out the business of the Board; (b) to a Trustee or a person appointed to a committee of the Board, if the Trustee or person is not receiving remuneration from any other source for acting as a Trustee or as a committee member, remuneration that has been set by the BoardBoard and is consistent with Treasury Board guidelines; and (c) to an organization specified by a Trustee or a person appointed to a committee of the Board, remuneration for the services of the Trustee or person at the rate set by the Board under subsection (b).

Appears in 1 contract

Samples: Joint Trust Agreement

Trustee Expenses and Remuneration. The Board may pay from the Pension Retiree Benefit Fund: (a) to a Trustee or a person an individual appointed to a committee of the Board an allowance or reimbursement for reasonable travel and other expenses necessarily incurred by that person individual in carrying out the business of the Board; (b) to a Trustee or a person an individual appointed to a committee of the Board, if the Trustee or person individual is not receiving remuneration from any other source for acting as a Trustee or as a committee member, remuneration that has been set by the Board; and (c) to an organization specified by a Trustee or a person an individual appointed to a committee of the Board, remuneration for the services of the Trustee or person individual at the rate set by the Board under subsection (b)this Section 5.7.

Appears in 1 contract

Samples: Municipal Retiree Benefit Trust Agreement

Trustee Expenses and Remuneration. The Board may pay from the Pension Fund:Fund:‌ (a) to a Trustee or a person appointed to a committee of the Board an allowance for reasonable travel and other expenses necessarily incurred by that person in carrying out the business of the Board; (b) to a Trustee or a person appointed to a committee of the Board, if the Trustee or person is not receiving remuneration from any other source for acting as a Trustee or as a committee member, remuneration that has been set by the BoardBoard and is consistent with Treasury Board guidelines; and (c) to an organization, if the organization specified by is the source of remuneration paid to a Trustee or a person appointed to a committee of the Board, remuneration for the services of the Trustee or person at the rate set by the Board under subsection (b).

Appears in 1 contract

Samples: Joint Trust Agreement

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Trustee Expenses and Remuneration. The Board may pay may, from the Pension Fund: (a) , pay: to a Trustee or a person appointed to a committee of the Board an allowance for reasonable travel and other expenses necessarily incurred by that person in carrying out the business of the Board; (b) ; to a Trustee or a person appointed to a committee of the Board, if the Trustee or person is not receiving remuneration from any other source for acting as a Trustee or as on a committee membercommittee, remuneration that has been set by the BoardBoard and is consistent with Treasury Board guidelines; and (c) and to an organization, if the organization specified by is the source of remuneration paid to a Trustee or a person appointed to a committee of the Board, remuneration for the services of the Trustee or person at the rate set by the Board under subsection (b5.11(b).

Appears in 1 contract

Samples: Joint Trust Agreement

Trustee Expenses and Remuneration. The Board may pay from the Pension Fund:Fund:‌ (a) to a Trustee or a person appointed to a committee of the Board an allowance for reasonable travel and other expenses necessarily incurred by that person in carrying out the business of the Board; (b) to a Trustee or a person appointed to a committee of the Board, if the Trustee or person is not receiving remuneration from any other source for acting as a Trustee or as a committee member, remuneration that has been set by the BoardBoard and is consistent with Treasury Board guidelines; and (c) to an organization specified by a Trustee or a person appointed to a committee of the Board, remuneration for the services of the Trustee or person at the rate set by the Board under subsection (b).

Appears in 1 contract

Samples: Joint Trust Agreement

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