Benefits for Employees. J9.10.1 The Company has not made any payment to or provided any benefit for any officer or employee or ex-officer or ex-employee of the Company which is not allowable as a deduction in calculating the profits of the Company for Taxation purposes.
Benefits for Employees. 65 Years of Age and Older Effective the date of ratification, regular employees who reach age 65 will be covered by the provisions of the Health Spending Account, pursuant to Clause 31.5 and Appendix #7. Notwithstanding this, regular employees 65 years of age and older, who are currently receiving benefits, will continue to receive the benefits set out in Article 25 with the following exceptions: • STIIP benefits shall cease upon the employee reaching the age of 70. • LTD shall cease. • Life Insurance and Accidental Death and Dismemberment shall be reduced to 50% of the current amount and shall cease upon the employee reaching the age of 70.
Benefits for Employees. (1) The premiums to the Ontario Hospital Insurance Plan will be paid by the Employer for Employees required to join the Plan.
Benefits for Employees. A part- time employee shall receive in l i e u of a l l fringe benefits (being those benefits to an employee, paid i n whole or part by the Hospital, as part of direct compensation or other - wise, including holiday pay, save and except salary, vacation pay, standby pay, call back pay, reporting pay, responsibility allowance, jury and witness duty, bereavement pay, and maternity supplemental unemployment benefits) an amount equal to of regular t i m e hourly rate for a l l straight t i m e hours paid.
Benefits for Employees. A part-time employee shall of all fringe benefits (being those benefits to an employee, paid m whole or part by Hospital, as part of direct compensation or otherwise,including holiday pay, save and except salary, vacation pay, standby pay, call back pay, reporting pay, allowance, jury and witness duty, bereavement pay, and maternity supplemental unemployment benefits) an equal to of straight time rate for all time hours' paid.
Benefits for Employees meeting the eligibility criteria specified in Article 16.8.1 shall be the same as for Full-time Employees, except for life insurance, accidental death and dismemberment, long term disability insurance, Local Authorities Pension Plan and the Health Spending Account.
Benefits for Employees. (1) Since the Balance Sheet Date the Company has not made any payment to or provided any benefit for any officer of employee or ex-officer or ex-employee of the Company which is not allowable as a deduction in calculating the profits of the Company for taxation purposes.
Benefits for Employees. 10.3.1. The Company has not issued any shares in the circumstances described in Part 7 of ITEPA, and has made all returns required in that Part.
Benefits for Employees. The Company has not issued any shares in the circumstances described in Section 77(1) and has complied with Section 85 of the Finance Act 0000.
Benefits for Employees in Both and Components As noted earlier, the pension benefit you receive your account depends on a number of factors, including the final account balance, interest rates when you retire, and the type of retirement income vehicle you purchase with your account balance. Using the following Annuity Factor Table, you can estimate how much monthly income would be provided by your account at various retirement ages. Simply select the Annuity Factor corresponding to your assumed annuity rate and age at time of purchase. Then, divide your anticipated account balance by the Annuity Factor to arrive at your estimated monthly annuity income. The Annuity Factors in the table below assume that you purchase a Life Only annuity. Your monthly income would be less if you choose a type of annuity that provides a survivor benefit for your beneficiary. Moving back to our Xxxx Xxx example, let’s assume he has a account balance of at age and that the annuity rate at that time is Xxxx’s annuity income from the component of the plan be: = per month A I Voluntary Contributions The Additional Voluntary Contribution Option is available to all National Meats hourly employ- ees. It provides you with a convenient and effective way to save for retirement. If you join this option, your contributions will be made in monthly installments, and deducted your pay each month. Your contributions automatically reduce your cur- rent taxable income, and interest and investment earnings are tax sheltered as long as they remain in the plan. Tax is withheld only when funds are withdrawn. However, if you withdraw the at retirement, your tax rate will likely be lower.
