Municipal Pension Plan definition

Municipal Pension Plan means the plan provided for under the former Act which, pursuant to section 2 of Schedule B to the Act, was continued under Schedule B to the Act and the regulations made pursuant to subsection 16(1) of Schedule B, and which is further continued under the Municipal Pension Plan Joint Trust Agreement;
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Municipal Pension Plan means the pension plan which was continued under Schedule B of the Act;
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Examples of Municipal Pension Plan in a sentence

  • Notwithstanding the foregoing, new regular part-time employees who are hired may, at the time of hiring, decline being covered by the Municipal Pension Plan for the period of their regular part-time employment.

  • This Article shall not apply to normal retirement in accordance with the Municipal Pension Plan.

  • Employees shall be eligible for enrollment in the Municipal Pension Plan in accordance with the provisions of the Plan and the Municipal Pension Plan Rules.

  • Regular employees shall be covered by the provisions of the Municipal Pension Plan.

  • As at the date of ratification of this collective agreement the Municipal Pension Plan Rules provided the following: A temporary employee who has been employed in a continuous full-time capacity with the same Employer for a period of twelve (12) months, shall be enrolled in the Plan as a condition of employment.

  • Upon returning to work, the employee may purchase service for the period of the leave pursuant to the Municipal Pension Plan Rules.

  • While in receipt of Long Term Disability payments, contributions to Municipal Pension Plan shall be waived and such status shall be reported to the Plan.

  • Enrolment in the Municipal Pension Plan shall be as set out in the Pension (Municipal) Act.

  • Pension contributions will cease during the period of the leave unless the employee makes arrangements prior to commencing the leave to pay the contributions pursuant to the provisions of the Municipal Pension Plan.

  • Contributions made by the City and the employee shall be made on the basis of the new hours worked and are subject to the requirements of the Municipal Pension Plan.