Common use of Extension of Benefits for Employees on Lay-Off Clause in Contracts

Extension of Benefits for Employees on Lay-Off. The Company shall continue pension benefits by remitting the contribution rate defined in the Collective Agreement as specified herein for any member who is off work due to lay-off for a period of one (1) months following the date of each lay-off. The Company shall not continue Pension Benefits for any employee taking an unpaid leave of absence. A summary of the Pension Plan is attached, for information purposes only, as Schedule 2. The Company is only responsible for the monthly contributions as described above and for providing the information required to administer the Pension Plan.

Extension of Benefits for Employees on Lay-Off. The Company shall continue pension benefits by remitting the contribution rate defined in the Collective Agreement as specified herein for any member who is off work due to lay-off for a period of one (1) months following the date of each lay-lay- off. The Company shall not continue Pension Benefits for any employee taking an unpaid leave of absence. A summary of the Pension Plan is attached, for information purposes only, as Schedule 23. The Company is only responsible for the monthly contributions as described above and for providing the information required to administer the Pension Plan.

Extension of Benefits for Employees on Lay-Off. The Company Employer shall continue pension benefits by remitting the contribution rate defined in the Collective Agreement as specified herein for any member who is off work due to lay-off for a period of one (1) months following the date of each lay-off. The Company Employer shall not continue Pension Benefits for any employee taking an unpaid leave of absence. A summary of the Pension Plan is attached, for information purposes only, as Schedule 2. The Company Employer is only responsible for the monthly contributions as described above and for providing the information required to administer the Pension Plan.