Retirement Income Plan definition
Examples of Retirement Income Plan in a sentence
The Company agrees that the Retirement Income Plan, which is covered by supplementary agreement, shall be continued, as amended during the life of the July 1, 2003 contract, for the life of this agreement for all employees hired before October 15, 2012.
Where a casual or part-time employee participates in the Retirement Income Plan, the twelve and one-half percent (12.5%) shall change to eight and one-half percent (8.5%).
In addition to the incentives specified in this letter agreement, your unvested benefits under the ▇▇▇▇▇▇▇-▇▇▇▇▇ Squibb Company Retirement Income Plan and the ▇▇▇▇▇▇▇-▇▇▇▇▇ Squibb Company Savings and Investment Program will become fully vested as of the consummation of the Spin-Off.
Notwithstanding the Officer receiving any payments under the terms of this Section, on the date of the Officer’s termination, all vesting, for purposes of the Company’s 401(k) Plan, Retirement Income Plan, Basic Retirement Plan, 2001 Incentive Plan, or other such plans, shall cease.
Notwithstanding the forgoing, all part-time employees may on a voluntary basis enrol in the Retirement Income Plan.