Common use of Company Pension Plan Contributions Clause in Contracts

Company Pension Plan Contributions. Members of the defined benefit provisions of the pension plan are required to contribute 1 .9% of all earnings up to the YMPE and 4% in excess of that amount. Earnings shall mean the remuneration by a member from the Company in a calendar year including regular rate of pay and overtime pay, vacation pay and vacation supplement pay, shift premium and freezer premiums. Members of the defined contribution provisions of the pension plan will contribute at the rate of three percent (3%) of regular earnings. The Company will match such employee contributions and vesting of these contributions will take place after two (2) years of plan membership. In addition, employees may contribute voluntary contributions to the Company Group Registered Retirement Savings Plan.

Company Pension Plan Contributions. Members of the defined benefit provisions of the pension plan are required to contribute 1 .9% of all earnings up to the YMPE and 4% in excess of that amount. Earnings shall mean the remuneration by a member from the Company in a calendar year including regular rate of pay and overtime pay, vacation pay and vacation supplement pay, shift premium and freezer premiums. Members of the defined contribution provisions of the pension plan will contribute at the rate of three percent (3%) of 3%)of regular earnings. The Company will match such employee contributions and vesting of these contributions will take place after two (2) years of plan membership. In addition, employees may contribute voluntary contributions to the Company Group Registered Retirement Savings Plan.

Company Pension Plan Contributions. Members of the defined benefit provisions of the pension plan are required to contribute 1 .91.9% of all earnings up to the YMPE and 4% in excess of that amount. Earnings shall mean the remuneration by a member from the Company in a calendar year including regular rate of pay and overtime pay, vacation pay and vacation supplement pay, shift premium and freezer premiums. Members of the defined contribution provisions of the pension plan will contribute at the rate of three percent (3%) of regular earnings. The Company will match such employee contributions and vesting of these contributions will take place after two (2) years of plan membership. In addition, employees may contribute voluntary contributions to the Company Group Registered Retirement Savings Plan.

Company Pension Plan Contributions. ‌ Members of the defined benefit provisions of the pension plan are required to contribute 1 .91.9% of all earnings up to the YMPE and 4% in excess of that amount. Earnings shall mean the remuneration by a member from the Company in a calendar year including regular rate of pay and overtime pay, vacation pay and vacation supplement pay, shift premium and freezer premiums. Members of the defined contribution provisions of the pension plan will contribute at the rate of three percent (3%) of regular earnings. The Company will match such employee contributions and vesting of these contributions will take place after two (2) years of plan membership. In addition, employees may contribute voluntary contributions to the Company Group Registered Retirement Savings Plan.