Examples of CBE Plan in a sentence
If the CBE Plan remains incomplete after the five (5)-day submission period, the CBE Plan shall be denied.
Effective as of the Conversion Date, no person who has any entitlement under the terms of the CBE Shared Risk Plan shall have any entitlement or claim under or with respect to the CBE Plan.
In the event of a Member’s termination of employment with the Employer, other than through death, prior to the Member’s Vesting Date, the Member is entitled to a refund of the Member’s contributions to the CBE Shared Risk Plan and the CBE Plan with Accumulated Interest.
Benefits accrued under the CBE Plan shall be converted effective the Conversion Date in accordance with the provisions hereof and the Pension Benefits Act.
From the Conversion Date until such time as the newly constituted Board of Trustees is established in accordance with Article XV, the Pension Committee for the CBE Plan (the “ Pension Committee”) shall be the acting Board of Trustees and the administrator of the CBE Shared Risk Plan and shall be vested with all the rights, powers and duties of the Board of Trustees hereunder and under the Pension Benefits Act.
Subject to Section 3.11 or Section 3.12, where a former Employee who has a benefit entitlement under the CBE Plan or the CBE Shared Risk Plan for a prior period of employment with an Employer again becomes an Employee, such Employee will be treated as a new Employee for purposes of eligibility and participation in the CBE Shared Risk Plan on and after the date of re-employment.
For the purposes of this Section 5.4, if a Member has less than five (5) years of Pensionable Service as at the Conversion Date, the annual average of the Member’s CBE Plan Earnings shall be calculated using the actual period of Pensionable Service of the Member as at the Conversion Date.
For greater certainty, any automatic increases in accrued pensions, deferred pensions, and pension benefits, either by formula or contingent on salary increases, under the CBE Plan no longer apply under the CBE Shared Risk Plan as of the Conversion Date, as permitted under Section 100.52 of the Pension Benefits Act.
For greater certainty, a former employee of the Employer who participated in the CBE Plan and terminated employment prior to the Conversion Date and, upon such termination of employment, was not vested under the terms of the CBE Plan shall not be entitled to any benefit under this CBE Shared Risk Plan and shall only be entitled to the benefit described in Section 10.01 of the CBE Plan and as set out in Schedule A hereto.
This score will be determined from the Applicant’s CBE Plan from the 202 Application and the submissions in Exhibit Q of the Application Submission Package Exhibits Checklist.