Common use of Defined Benefit Plan Clause in Contracts

Defined Benefit Plan. All employees with seniority on June 1, 1996 had their Defined Benefit Plan benefit levels frozen at the basic amount of $23.00 per month per year of service and the supplemental at $9.50 per month per year of service. All years of service however will continue. These employees are also enrolled in the Group RRSP.

Appears in 4 contracts

Samples: Wage Employees Retirement Agreement, Agreement, Agreement

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Defined Benefit Plan. All employees with seniority on June 1, 1996 had their Defined De‑ fined Benefit Plan benefit levels frozen at the basic amount of $23.00 per month per year of service and the supplemental supple‑ mental at $9.50 per month per year of service. All years of service however will continue. These employees are also enrolled in the Group RRSP.

Appears in 2 contracts

Samples: Agreement, Agreement

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