CBE Shared Risk Plan definition

CBE Shared Risk Plan means this Shared Risk Plan for Certain Bargaining Employees of New Brunswick Hospitals, as amended from time to time, which converts and replaces the CBE Plan as at the Conversion Date in accordance with the Pension Benefits Act.
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CBE Shared Risk Plan has the meaning set forth in the Preamble and includes amendments of such plan from time to time in accordance with the terms thereof and the Pension Benefits Act;
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Examples of CBE Shared Risk Plan in a sentence

  • Such adjustments may be positive or negative and will affect all classes of Members, Claimants, Pre-Conversion Retirees, Other Pre-Conversion CBE Claimants and their beneficiaries under the CBE Shared Risk Plan.

  • Such description shall explain the terms and conditions of the CBE Shared Risk Plan applicable to the Employee, Pre-Conversion Retiree, Other Pre-Conversion CBE Claimant or Claimant, as applicable, and the rights and obligations of such persons in respect of the CBE Shared Risk Plan.

  • Wherever the records of the Employer are used for the purposes of the CBE Shared Risk Plan, such records shall be conclusive of the facts with which they are concerned.

  • Any such Pre-Conversion Part Time Disabled person who elects to join the CBE Shared Risk Plan shall inform the Board of Trustees in writing and shall indicate his or her effective date of participation in the CBE Shared Risk Plan.

  • Thereafter contribution rates of Employees who are Members of the CBE Shared Risk Plan shall be adjusted as may be required from time to time by the Board of Trustees, subject to the Income Tax Act and the triggering mechanism and limitations imposed by the Funding Policy, and shall be documented in Appendix B.

  • However, if unforeseen circumstances beyond the control of the Province and the Unions result in the discontinuance of the CBE Shared Risk Plan by the Province and the Unions, the assets of the Fund shall be used to provide benefits for Members, Pre- Conversion Retirees, Other Pre-Conversion CBE Claimants, Claimants and their beneficiaries in accordance with the relevant provisions of the CBE Shared Risk Plan and the Pension Benefits Act.

  • Notwithstanding any other provisions of this CBE Shared Risk Plan, the Funding Policy allows or requires the Board of Trustees to make changes to the Ancillary Benefits.

  • In the event of the termination of the CBE Shared Risk Plan, all Members shall be deemed to be vested in their accrued benefits for all purposes, whether or not such Members have attained the Vesting Date.

  • The Base Benefits described in this Article V are the intended Base Benefits under this CBE Shared Risk Plan.

  • Notwithstanding any other provision of this CBE Shared Risk Plan, any changes to Ancillary Benefits made pursuant to the Funding Policy shall be paramount for the time period required under the Funding Policy.

Related to CBE Shared Risk Plan

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  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per

  • Insurance producer means a person required to be licensed under the laws of this state to sell, solicit or negotiate insurance, including annuities.

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  • Craft distillery means a distillery that pays the reduced

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  • Coal-derived fuel means any fuel (whether in a solid, liquid, or gaseous state) produced by the mechanical, thermal, or chemical processing of coal.

  • Chemical Storage Facility means a building, portion of a building, or exterior area adjacent to a building used for the storage of any chemical or chemically reactive products.

  • Fossil fuel-fired means the combustion of fossil fuel or any derivative of fossil fuel, alone or in combination with any other fuel, independent of the percentage of fossil fuel consumed in any calendar year (expressed in mmBtu).

  • Tobacco products means cigars, cigarettes, cheroots, stogies, periques, granulated, plug cut, crimp cut, ready rubbed, and other smoking tobacco, snuff, snuff flour, moist snuff, cavendish, ping and twist tobacco, fine-cut and other chewing tobaccos, shorts, refuse scraps, clippings, cuttings and sweepings of tobacco, and other kinds and forms of tobacco, prepared in such manner as to be suitable for chewing or smoking in a pipe or otherwise, or both for chewing and smoking.

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