AND RETIREMENT Sample Clauses

AND RETIREMENT. It is recognized for this Article seniority will be based upon date of hire. Provided that there remain on the job employees who have the ability and qualifications as required by law to perform the work, the Employer shall first lay-off probationary employees, and if further layoffs are necessary, lay-off employees in the reverse order of their seniority within their classification within the bargaining unit. An employee receiving layoff notice may:
Sample 1
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AND RETIREMENT. The Employer shall maintain the Group Life Insurance Plan, or a Plan providing at least equal benefits, in effect the time of the signing of this Agreement during the life of Agreement for full-time employees who have completed their probationary period. Such are participate in The Globe and Mail Group Plan. An employee may coverage or equal to and one-half his annual base rate his annual salary at base rate. The Company will pay the cost of the first of coverage. For coverage in of the employee pay of the premium cost per thousand dollars of insurance and the Company shall pay the balance. The Canadian Newspapers Bargaining and Hourly Employees' Retirement Plan The Globe and Mail Division providing a retirement program for employees now by this Agreement shall be continued by the Employer during the life of this Agreement. The Employer agrees to during the of the Agreement payment of the Employer's matching contribution to Canada Pension Plan without requiring reduction in Canadian Newspapers Bargaining and Hourly Retirement Plan The Globe and Mail Division.
Sample 1
AND RETIREMENT. The parties hereby agree that the Region will provide the following employee benefit program with premiums payable by the Region, except as noted, to all full-time
Sample 1
AND RETIREMENT. Subject to clause every full-time member in the "Permanent Service" class of members shall be covered by the provision of By-law No. of the City of Toronto and amendments thereto, being a by-law "to provide pensions for employees, their spouses and children, of the City of Toronto and other participating employers". It is understood and agreed that to the extent that the Ontario Municipal Employees Retirement System is by statute applicable to any member of the Force, the By-law No. shall not be applicable to such member. Every member shall be retired upon attaining the age of seventy years, such retirement to be effective on the last day of the month in which the seventieth birthday of such member occurs. The Board has placed One Hundred Thousand Dollars in a fund to be administered by the Trustees of the Toronto Police Benefit Fund as set out in the Memorandum of Understanding dated May The Trustees will continue to determine the rules and regulations of the Fund, but the objectives will be to provide a supplement to existing governmental payments and pension plan payments Toronto Police Benefit Fund, Toronto Pension Plan) due to such dependents on the member's death, so that the disposable after tax income of the surviving dependents will be approximately one hundred per cent of the disposable after tax income of the deceased member, based on the salary for the deceased member at the time the payments are made. For this purpose salary shall include the premium costs of the Ontario Health Insurance Plan the and Comprehensive Medical Plans and the Dental Plan. The Trustees will continue to have the right to adjust the amount depending on the circumstances of the individual case from time to time. The adequacy of the Fund will be reviewed from time to time.
Sample 1
AND RETIREMENT. All members shall participate in the final average earnings basic pension plan under the Ontario Municipal Employees Retirement System The Board and each member shall contribute the amount required under the legislation and regulations. The parties agree that no member retire later than age sixty (60). The Basic and Types I and Plans shall be administered consistent with the Rules and Regulations of the Pension Plan. Any member of the Service may establish credited service in the existing pension provisions for all or part of active military service in His or Her Majesty's military, naval or air forces in World War or the Korean War, in accordance with the provisions of the Ontario Municipal Employees Retirement System Act and Regulations; the application for such credited military service will be in accordance with the provisions of the Ontario Municipal Employees Retirement System Act and Regulations. On the condition that "past service" (as defined below) can be treated as credited service under and on the condition that there is no cost whatsoever to the Board or the Regional Municipality in the member purchasing such past service, the Board agrees to endeavour to obtain from for those members applying within time limits and pursuant to procedures established by or the supplemental optional service coverage for a member's past service as follows:
Sample 1
AND RETIREMENT. The normal retirement age shall be sixty-five (65). In exceptional circumstances, the Chief Administrative Officer may, in the interest of the City, recommend to the Council for approval, extension of the retirement age provided that not more than one (1) year extension shall be granted at any one time, and that in no case shall any extension be granted beyond the employee's seventieth (70th) birthday. All employees shall participate in the Pension Plan in accordance with the rules of that plan. All costs of the Pension Plan premiums are to be shared equally on a basis. NOTICE OF LAYOFF Notice of termination will be given in accordance with the most current Employment Standards Act. A regular employee may be discharged only for just cause, and only with the authority of the Chief Administrative Officer. The Department Head may suspend an employee for periods of one (I) day or more and shall report such action, and the reason therefore, to the Chief Administrative as quickly as possible. The immediate Supervisor may suspend any employee for a period of up to one (1) day on any one occasion and such suspension shall be duly reported to the Department Head. When an employee is warned, suspended or discharged he shall be given the in the presence of his Xxxxxxx. The affected employee and the Union Local shall be subsequently writing of the for such warning, suspension or dismissal "as promptly as possible". An employee considered by the Union to be wrongfully or unjustly discharged or suspended shall be entitled to a hearing under ARTICLE GRIEVANCE PROCEDURE. STEPS and of the Grievance Procedure shall be omitted in such cases. The Corporation shall notify permanent employees in writing, who are to be laid off, ten working days before the layoff is to be effective. If the employee laid off has not had the opportunity to work ten full days notice of layoff, shall be paid in lieu of work for that part of the ten days during which work has not been made available.
Sample 1
AND RETIREMENT. PENSION Employees eligible pursuant to the Ontario Municipal Employees Retirement System Act shall be enrolled in the pension from the date of eligible employment. NORMAL DATE Notwithstanding Article each employee shall be retired upon attaining the age of sixty-five years, such retirement to be effective upon the last day of the month in which the sixty-fifth birthday of such employee occurs.
Sample 1
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Related to AND RETIREMENT

  • Resignation and Retirement Any Trustee may resign his trust or retire as a Trustee, by written instrument signed by him and delivered to the other Trustees or to any officer of the Trust, and such resignation or retirement shall take effect upon such delivery or upon such later date as is specified in such instrument.

  • Severance and Retirement Options (a) (i) Where an employee resigns within 30 days after receiving notice of layoff pursuant to article 14.02 (a)(ii) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks' salary for each year of continuous service to a maximum of sixteen (16) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars.

  • Death, Disability or Retirement Subject to the provisions of Section 1 hereof, this Agreement shall terminate automatically upon the Executive's death, termination due to "Disability" (as defined below) or voluntary retirement under any of the Company's retirement plans as in effect from time to time. For purposes of this Agreement, Disability shall mean the Executive has met the conditions to qualify for long-term disability benefits under the Company's policies, as in effect immediately prior to the Effective Date.

  • Pre-Retirement Leave An Employee scheduled to retire and to receive a superannuation allowance under the applicable pension Acts or who has reached the mandatory retiring age, shall be entitled to:

  • Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all other savings and retirement plans, practices, policies and programs, in each case on terms and conditions no less favorable than the terms and conditions generally applicable to the Company’s other executive employees.

  • Death, Retirement or Disability Executive’s employment shall terminate automatically upon Executive’s death or Retirement during the Employment Period. For purposes of this Agreement, “Retirement” shall mean normal retirement as defined in the Company’s then-current retirement plan, or if there is no such retirement plan, “Retirement” shall mean voluntary termination after age 65 with ten years of service. If the Company determines in good faith that the Disability of Executive has occurred during the Employment Period (pursuant to the definition of Disability set forth below), it may give to Executive written notice of its intention to terminate Executive’s employment. In such event, Executive’s employment with the Company shall terminate effective on the 30th day after receipt of such written notice by Executive (the “Disability Effective Date”), provided that, within the 30 days after such receipt, Executive shall not have returned to full-time performance of Executive’s duties. For purposes of this Agreement, “Disability” shall mean a mental or physical disability as determined by the Board of Directors of the Company in accordance with standards and procedures similar to those under the Company’s employee long-term disability plan, if any. At any time that the Company does not maintain such a long-term disability plan, “Disability” shall mean the inability of Executive, as determined by the Board, to perform the essential functions of his regular duties and responsibilities, with or without reasonable accommodation, due to a medically determinable physical or mental condition which has lasted (or can reasonably be expected to last) for twelve workweeks in any twelve-month period. At the request of Executive or his personal representative, the Board’s determination that the Disability of Executive has occurred shall be certified by two physicians mutually agreed upon by Executive, or his personal representative, and the Company. Failing such independent certification (if so requested by Executive), Executive’s termination shall be deemed a termination by the Company without Cause and not a termination by reason of his Disability.

  • Deferred Retirement a. An employee who, upon separation from County service, is eligible for paid retirement and elects deferred retirement must defer participation in the Grant until such time as he or she becomes an active retiree.

  • Disability Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

  • Transition to Retirement 24.1 An Employee may advise their Employer in writing of their intention to retire within the next five years and participate in a retirement transition arrangement.

  • Normal Retirement Unless Separation from Service or a Change in Control occurs before Normal Retirement Age, when the Executive attains Normal Retirement Age the Bank shall pay to the Executive the benefit described in this section 2.1 instead of any other benefit under this Agreement. If the Executive’s Separation from Service thereafter is a Termination with Cause or if this Agreement terminates under Article 5, no further benefits shall be paid.

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