Common use of Authorized Payment for Pension and Benefits Clause in Contracts

Authorized Payment for Pension and Benefits. ‌ The parties agree that, notwithstanding the provisions set out in the Collective Agreement, the Employer may institute a system of automatic bank withdrawal for payment of the Employee’s required pension contributions and benefits premiums during an employee’s leave of absence. Should such a system be implemented, Employees continuing benefits coverage or pension contributions during a leave of absence shall make payment by authorizing the Employer to make the required deductions from the Employee’s bank account.