Common use of Benefits Clause in Contracts

Benefits. The parties agree that, once all employees to whom this memorandum of settlement of the central terms applies become covered by the Employee Life and Health Trust (ELHT) contemplated by this Letter of Understanding, all references to life, health and dental benefits in the applicable local collective agreement shall be removed from that local agreement. The employee representatives, the employer representatives, and the Crown, intend to establish an Education Sector ELHT, (hereinafter, the “Trust”), to provide benefits to education workers in the Province of Ontario employed by District School Boards, District School Area Boards and Public School Authorities (hereinafter, the “Boards”) in accordance with section 144.1 of the Income Tax Act (Canada) (“ITA”). Boards’ benefit plans can only be moved into the Trust, such that the Trust will be in compliance with the ITA and Canada Revenue Agency administrative requirements for an ELHT (the “ELHT Requirements”). It is intended that the Trust be effective no later than February 1, 2017 and that benefit plans will participate in this Trust no later than August 31, 2017. The date on which a benefit plan commences participation in the Trust shall be referred to herein as the “Participation Date”. The Trustees, as defined in 2.1.0, shall consult with other Trusts and Boards to move all employee groups into the Trust(s) at the same time, subject to the Trust being ready to accept the employee group(s). The parties acknowledge that the establishment of the Trust represents a substantial commitment both within and beyond the term of the current collective agreement. This letter of understanding is conditional upon its terms continuing in full force and effect beyond the termination date of the collective agreement, and is made in detrimental reliance upon such continuation. The terms of this letter of understanding will form the basis for a trust agreement setting out the terms of the ELHT to be approved by the parties.

Appears in 110 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Benefits. The parties agree that, once all employees to whom this memorandum of settlement of the central terms applies become covered by the Employee Life and Health Trust (ELHT) contemplated by this Letter of Understanding, Agreement all references to existing life, health and dental benefits plans in the applicable local collective agreement shall be removed from that local agreement. The employee representativesConsistent with section 144.1 of the Income Tax Act (Canada), the employer representativesOECTA, the OCSTA, and the Crown, intend to shall establish an Education Sector OECTA ELHT, (hereinafter, the “Trust”), to provide benefits to teachers and other education workers in the Province of Ontario employed by District School Boards, District School Area Boards and Public School Authorities Ontario. English-language separate district school boards (hereinafter, the “Boards”) (as defined in accordance with section 144.1 of the Income Tax Act (CanadaEducation Act, R.S.O 1990 c E.2) (“ITA”). Boards’ benefit plans can may only be moved into participate in the Trust, such that if the Trust will be in compliance with the ITA and Canada Revenue Agency CRA administrative requirements for an ELHT (the “ELHT Requirements”). It is intended that the Trust be effective no later than February September 1, 2017 and that benefit plans will participate in this Trust no later than August 31, 20172016. The date on which a benefit plan Board commences participation in the Trust for a group of employees shall be referred to herein as the a “Participation Date”. The Trustees, as defined in 2.1.0, shall consult determine the Participation Date which shall be no earlier than September 1, 2016 and no later than August 31, 2017. The Trustees, as defined in 2.1.0, shall cooperate with other Trusts and Boards to move all employee groups into the Trust(s) at the same time, subject to the Trust being ready to accept the employee group(s). The parties acknowledge that the establishment of the Trust represents a substantial commitment both within and beyond the term of the current collective agreement. This letter of understanding agreement is conditional upon its terms continuing in full force and effect beyond the termination date of the collective agreement, and is made in detrimental reliance upon such continuation. The terms of this letter of understanding agreement will form the basis for a trust agreement setting out the terms of the ELHT to be approved by the parties.

Appears in 85 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Benefits. The parties Parties agree that, once all employees to whom this memorandum of settlement of the central terms applies become covered by the Employee Life employee life and Health Trust (ELHT) health trust contemplated by this Letter of UnderstandingAgreement, all references to life, health and dental benefits in the applicable local collective agreement shall be removed from that local agreement. The employee representatives, the employer Employer representatives, and the Crown, intend to shall establish an Education Sector ETFO Employee Life and Health Trust (ELHT), (hereinafter, the “Trust”), to provide benefits to Teachers and other education workers in the Province of Ontario employed by District School Boards, District School Area Boards and Public School Authorities (hereinafter, the “Boards”) in accordance with section 144.1 of the Income Tax Act (Canada) (“ITA”). BoardsSchool Board benefit plans, herein referred to as the ‘benefit plansbenefit plans can only be moved into the Trust, such that the Trust will be in compliance with the ITA and Canada Revenue Agency CRA administrative requirements for an ELHT (the “ELHT Requirements”). It is intended that the Trust be effective no later than February September 1, 2017 2016, and that benefit plans will participate in this Trust no later than August 31, 2017. The date on which a benefit plan commences participation in the Trust shall be referred to herein as the “Participation Date”. The Trustees, as defined in 2.1.0, shall consult cooperate with other Trusts and School Boards (hereinafter, the “Board”) to move all employee groups into the Trust(s) at the same time, subject to the Trust being ready to accept the employee group(s). The parties Parties acknowledge that the establishment of the Trust represents a substantial commitment both within and beyond the term of the current collective agreement. This letter of understanding is conditional upon its terms continuing in full force and effect beyond the termination date of the collective agreement, and is made in detrimental reliance upon such continuation. The terms of this letter of understanding agreement will form the basis for a trust agreement setting out the terms of the ELHT to be approved by the partiesParties and will remain in effect until August 31, 2020.

Appears in 57 contracts

Samples: Local Collective Agreement, Collective Agreement, Collective Agreement

Benefits. The parties agree that, once all employees to whom this memorandum of settlement of the central terms applies become covered by the Employee Life and Health Trust (ELHT) contemplated by this Letter of Understanding, all references to life, health and dental benefits in the applicable local collective agreement shall be removed from that local agreement. The employee representatives, the employer representatives, and the Crown, intend to establish an Education Sector ELHT, (hereinafter, the “Trust”), to provide benefits to education workers in the Province of Ontario employed by District School Boards, District School Area Boards and Public School Authorities (hereinafter, the “Boards”) in accordance with section 144.1 of the Income Tax Act (Canada) (“ITA”). Boards’ benefit plans can only be moved into the Trust, such that the Trust will be in compliance with the ITA and Canada Revenue Agency administrative requirements for an ELHT (the “ELHT Requirements”). It is intended that the Trust be effective no later than February May 1, 2017 and that benefit plans Boards will participate in this Trust on a common date no later than August 31February 1, 20172018. The date on which a benefit plan commences the Boards commence participation in the Trust shall be referred to herein as the “Participation Date”. The Trustees, as defined in 2.1.0, shall consult with other Trusts and Boards to move all employee groups into the Trust(s) at the same time, subject to the Trust being ready to accept the employee group(s). The parties acknowledge that the establishment of the Trust represents a substantial commitment both within and beyond the term of the current collective agreement. This letter of understanding is conditional upon its terms continuing in full force and effect beyond the termination date of the collective agreement, and is made in detrimental reliance upon such continuation. The terms of this letter of understanding will form the basis for a trust agreement setting out the terms of the ELHT to be approved by the parties.

Appears in 36 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Benefits. The parties agree that, once all employees to whom this memorandum of settlement of the central terms applies become covered by the Employee Life and Health Trust (ELHT) contemplated by this Letter of Understanding, all references to life, health and dental benefits in the applicable local collective agreement shall be removed from that local agreement. The employee representatives, the employer representatives, and the Crown, intend to establish an Education Sector ELHT, (hereinafter, the “Trust”), to provide benefits to education workers in the Province of Ontario employed by District School Boards, District School Area Boards and Public School Authorities (hereinafter, the “Boards”) in accordance with section 144.1 of the Income Tax Act (Canada) (“ITA”). Boards’ benefit plans can only be moved into the Trust, such that the Trust will be in compliance with the ITA and Canada Revenue Agency administrative requirements for an ELHT (the “ELHT Requirements”). It is intended that the Trust be effective no later than February 1, 2017 and that benefit plans will participate in this Trust no later than August 31, 2017. The date on which a benefit plan commences participation in the Trust shall be referred to herein as the “Participation Date”. The Trustees, as defined in 2.1.0, shall consult with other Trusts and Boards to move all employee groups into the Trust(s) at the same time, subject to the Trust being ready to accept the employee group(s). The parties acknowledge that the establishment of the Trust represents a substantial commitment both within and beyond the term of the current collective agreement. This letter of understanding is conditional upon its terms continuing in full force and effect beyond the termination date of the collective agreement, and is made in detrimental reliance upon such continuation. The terms of this letter of understanding will form the basis for a trust agreement setting out the terms of the ELHT to be approved by the parties.

Appears in 11 contracts

Samples: Collective Agreement, Collective Agreement, Central Terms

Benefits. The parties agree that, once all employees to whom this memorandum of settlement of the central terms applies become covered by the Employee Life and Health Trust (ELHT) contemplated by this Letter of Understanding, all references to life, health and dental benefits in the applicable local collective agreement shall be removed from that local agreement. The employee representatives, the employer representatives, and the Crown, intend to establish an Education Sector ELHT, (hereinafter, the "Trust"), to provide benefits to education workers in the Province of Ontario employed by District School Boards, District School Area Boards and Public School Authorities (hereinafter, the "Boards") in accordance with section 144.1 of the Income Tax Act (Canada) ("ITA"). Boards' benefit plans can only be moved into the Trust, such that the Trust will be in compliance with the ITA and Canada Revenue Agency administrative requirements for an ELHT (the "ELHT Requirements"). It is intended that the Trust be effective no later than February 1, 2017 and that benefit plans will participate in this Trust no later than August 31, 2017. The date on which a benefit plan commences participation in the Trust shall be referred to herein as the "Participation Date". The Trustees, as defined in 2.1.0, shall consult with other Trusts and Boards to move all employee groups into the Trust(s) at the same time, subject to the Trust being ready to accept the employee group(s). The parties acknowledge that the establishment of the Trust represents a substantial commitment both within and beyond the term of the current collective agreement. This letter of understanding is conditional upon its terms continuing in full force and effect beyond the termination date of the collective agreement, and is made in detrimental reliance upon such continuation. The terms of this letter of understanding will form the basis for a trust agreement setting out the terms of the ELHT to be approved by the parties.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Benefits. The parties Parties agree that, once all employees to whom this memorandum of settlement of the central terms applies become covered by the Employee Life employee life and Health Trust (ELHT) health trust contemplated by this Letter of UnderstandingAgreement, all references to life, health and dental benefits in the applicable local collective agreement shall be removed from that local agreement. The employee representatives, the employer Employer representatives, and the Crown, intend to shall establish an Education Sector ETFO Employee Life and Health Trust (ELHT), (hereinafter, the “Trust”), to provide benefits to Teachers and other education workers in the Province of Ontario employed by District School Boards, District School Area Boards and Public School Authorities (hereinafter, the “Boards”) in accordance with section 144.1 of the Income Tax Act (Canada) (“ITA”). BoardsSchool Board benefit plans, herein referred to as the ‘benefit plansbenefit plans can only be moved into the Trust, such that the Trust will be in compliance with the ITA and Canada Revenue Agency CRA administrative requirements for an ELHT (the “ELHT Requirements”). It is intended that the Trust be effective no later than February September 1, 2017 2016, and that benefit plans will participate in this Trust no later than August 31, 2017. The date on which a benefit plan commences participation in the Trust shall be referred to herein as the “Participation Date”. The Trustees, as defined in 2.1.0, shall consult cooperate with other Trusts and School Boards (hereinafter, the “Board”) to move all employee groups into the Trust(s) at the same time, subject to the Trust being ready to accept the employee group(s). The parties Parties acknowledge that the establishment of the Trust represents a substantial commitment both within and beyond the term of the current collective agreement. This letter of understanding is conditional upon its terms continuing in full force and effect beyond the termination date of the collective agreement, and is made in detrimental reliance upon such continuation. The terms of this letter of understanding agreement will form the basis for a trust agreement setting out the terms of the ELHT to be approved by the parties.Parties and will remain in effect until August 31, 2020. Return to TOC Return to Key Terms

Appears in 2 contracts

Samples: Letter of Agreement, sp.ltc.gov.on.ca

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Benefits. The parties agree that, once all employees to whom this memorandum of settlement of the central terms applies become covered by the Employee Life and Health Trust (ELHT) contemplated by this Letter of Understanding, all references to life, health and dental benefits in the applicable local collective agreement shall be removed from that local agreement. The employee representatives, the employer representatives, and the Crown, intend to establish an Education Sector ELHT, (hereinafter, the “Trust”), to provide benefits to education workers in the Province of Ontario employed by District School Boards, District School Area Boards and Public School Authorities (hereinafter, the “Boards”) in accordance with section 144.1 of the Income Tax Act (Canada) (“ITA”). Boards’ benefit plans can only be moved into the Trust, such that the Trust will be in compliance with the ITA and Canada Revenue Agency administrative requirements for an ELHT (the “ELHT Requirements”). It is intended that the Trust be effective no later than February 1, 2017 and that benefit plans will participate in this Trust no later than August 31, 2017. The date on which a benefit plan commences participation in the Trust shall be referred to herein as the “Participation Date”. The Trustees, as defined in 2.1.0, shall consult with other Trusts and Boards to move all employee groups into the Trust(s) at the same time, subject to the Trust being ready to accept the employee group(s). The parties acknowledge that the establishment of the Trust represents a substantial commitment both within and beyond the term of the current collective agreement. This letter of understanding is conditional upon its terms continuing in full force and effect beyond the termination date of the collective agreement, agreement and is made in detrimental reliance upon such continuation. The terms of this letter of understanding will form the basis for a trust agreement setting out the terms of the ELHT to be approved by the parties.

Appears in 1 contract

Samples: Collective Agreement

Benefits. The parties agree that, once all employees to whom this memorandum of settlement of the central terms applies become covered by the Employee Life and Health Trust (ELHT) contemplated by this Letter of Understanding, Agreement all references to existing life, health and dental benefits benefit plans in the applicable local collective agreement terms and conditions shall be removed from that local agreementdocument. The employee representativesConsistent with section 144.1 of the Income Tax Act (Canada) (ITA), the employer representativesOPSBA, OCSTA, AFOCSC, ACEPO, (hereinafter called ‘Trustees’ Associations), OPC, CPCO, ADFO (hereinafter called ‘Principals’ and Vice-Principals’ Associations’) and the Crown, intend to shall establish an Education Sector ELHT, (hereinafter, the “Trust”), to provide benefits to non-unionized education workers in the Province of Ontario employed by Ontario. District School Boards, school boards District School Area Boards and Boards, Public School Authorities Authorities, and Provincial Schools Authority (hereinafter, the “Boards”) (as defined in accordance with section 144.1 of the Income Tax Act (CanadaEducation Act, R.S.O 1990 c E.2) (“ITA”). Boards’ benefit plans can may only be moved into participate in the Trust, such that if the Trust will be in compliance with the ITA and Canada Revenue Agency (CRA) administrative requirements for an ELHT (the “ELHT Requirements”). It is intended that the Trust be effective no later than February 1, 2017 and that benefit plans will participate in this Trust no later than August 31, 2017. The date on which a benefit plan Board commences participation in the Trust for a group of employees shall be referred to herein as the a “Participation Date”. The Trustees, as defined in 2.1.02.2.0, shall consult determine the Participation Date which shall be no earlier than February 1, 2017 and no later than August 31, 2017. The Trustees, as defined in 2.2.0, shall cooperate with other Trusts and Boards to move all employee groups into the Trust(s) Trusts at the same time. Should groups other than Principals and Vice-Principals join the ELHT, subject to the Trust being ready to accept governance, benefit plan design as well as funding and investment policies of this agreement shall be reviewed by the employee group(s)representatives (including the other employee group) and employer representatives and modified if deemed necessary by all parties. The parties acknowledge that the establishment of the Trust represents a substantial commitment both within and beyond the term of the current collective provincial discussion agreement. This letter of understanding agreement is conditional upon its terms continuing in full force and effect beyond the termination date of the collective provincial discussion agreement, and is made in detrimental reliance upon such continuation. The terms of this letter of understanding agreement will form the basis for a trust agreement setting out the terms of the ELHT to be approved by the parties.

Appears in 1 contract

Samples: Local Agreement

Benefits. The parties agree that, once all employees to whom this memorandum of settlement of the central terms applies become covered by the Employee Life and Health Trust (ELHT) contemplated by this Letter of Understanding, all references to life, health and dental benefits in the applicable local collective agreement shall be removed from that local agreement. The employee representatives, the employer representatives, and the Crown, intend to establish an Education Sector ELHT, (hereinafter, the "Trust"), to provide benefits to education workers in the Province of Ontario employed by District School Boards, District School Area Boards and Public School Authorities (hereinafter, the "Boards") in accordance with section 144.1 of the Income Tax Act (Canada) ("ITA"). Boards' benefit plans can only be moved into the Trust, such that the Trust will be in compliance with the ITA and Canada Revenue Agency administrative requirements for an ELHT (the "ELHT Requirements"). It is intended that the Trust be effective no later than February 1, 2017 and that benefit plans will participate in this Trust no later than August 31, 2017. The date on which a benefit plan commences participation in the Trust shall be referred to herein as the "Participation Date". The Trustees, as defined in 2.1.02.1 .0, shall consult with other Trusts and Boards to move all employee groups into the Trust(s) at the same time, subject to the Trust being ready to accept the employee group(s). The parties acknowledge that the establishment of the Trust represents a substantial commitment both within and beyond the term of the current collective agreement. This letter of understanding is conditional upon its terms continuing in full force and effect beyond the termination date of the collective agreement, and is made in detrimental reliance upon such continuation. The terms of this letter of understanding will form the basis for a trust agreement setting out the terms of the ELHT to be approved by the parties.. CUPE Local 3396 and Xxxxxxxx-Xxxxxxxxx Catholic District School Board September 1 I 2014 - August 31 I 2017 Page 37 of 102 1.0.0 1.1.0 1.2.0 1.3.0 1.4.0 2.0.0

Appears in 1 contract

Samples: Collective Agreement

Benefits. The parties Parties agree that, once all employees to whom this memorandum of settlement of the central terms applies become covered by the Employee Life employee life and Health Trust (ELHT) health trust contemplated by this Letter of UnderstandingAgreement, all references to life, health and dental benefits in the applicable local collective agreement shall be removed from that local agreement. The employee representatives, the employer Employer representatives, and the Crown, intend to shall establish an Education Sector ETFO Employee Life and Health Trust (ELHT), (hereinafter, the “Trust”), to provide benefits to Teachers and other education workers in the Province of Ontario employed by District School Boards, District School Area Boards and Public School Authorities (hereinafter, the “Boards”) in accordance with section 144.1 of the Income Tax Act (Canada) (“ITA”). BoardsSchool Board benefit plans, herein referred to as the ‘benefit plansbenefit plans can only be moved into the Trust, such that the Trust will be in compliance with the ITA and Canada Revenue Agency CRA administrative requirements for an ELHT (the “ELHT Requirements”). It is intended that the Trust be effective no later than February September 1, 2017 2016, and that benefit plans will participate in this Trust no later than August 31, 2017. The date on which a benefit plan commences participation in the Trust shall be referred to herein as the “Participation Date”. The Trustees, as defined in 2.1.0, shall consult cooperate with other Trusts and School Boards (hereinafter, the “Board”) to move all employee groups into the Trust(s) at the same time, subject to the Trust being ready to accept the employee group(s). The parties Parties acknowledge that the establishment of the Trust represents a substantial commitment both within and beyond the term of the current collective agreement. This letter of understanding is conditional upon its terms continuing in full force and effect beyond the termination date of the collective agreement, and is made in detrimental reliance upon such continuation. The terms of this letter of understanding agreement will form the basis for a trust agreement setting out the terms of the ELHT to be approved by the partiesParties and will remain in effect until August 31, 2020.

Appears in 1 contract

Samples: Letter of Agreement

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