Income Plan Sample Clauses

Income Plan. An Income Plan made available to the Certificate Owner(s) as shown on the Data Pages.
Sample 1Sample 2Sample 3
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Income Plan. Each full-time nurse shall, and part-time nurses may, establish an individually vested plan within the Group Registered Retirement Savings Plan. The Employer shall deduct four per cent (4%) from the gross earnings each pay period and remit it to the credit of the individual plan, together with a matching Employer contribution of four per cent (4%) of the nurse's gross earnings in the pay period. Any monies contributed by a nurse- or the Employer to the pre- existing Crown Life plan shall be rolled over into the nurse's plan within the Group upon the written request of the nurse. The Employer shall provide to each nurse a copy of the current information booklets for the benefits provided herein. The Employer shall provide the Union with a copy of the current Master Policy. Whenever the feminine pronoun is used this Agreement, includes the masculine pronoun, where the context so requires. Where the singular is used, it may also be deemed to mean the plural. The and shall mean the amounts indicated in the wage classification in Schedule A Nurses are expected to keep the Employer of their current address. Notice may be given personally or by prepaid registered post, or by telegram to the last address shown on the Employer's records, and such notice shall be deemed to have been given when delivered to the telegraph or postal authorities.
Sample 1
Income Plan. The Retirement Income Plan (1985) forms part of this Agreement. A description of the Plan is attached hereto for information purposes. Any questions of administration or interpretation o f the Plan will be decided based on the full Plan text. SIGNED AT ONTARIO, THIS DAY OF CANADIAN PACIFIC FOREST PRODUCTS LIMITED Operations THE CANADIAN PAPERWORKERS UNION AND LOCAL CLASSIFICATIONS
Sample 1
Income Plan. The Pension Plan will be in the form of three (3) equal units totalling one hundred and sixty-five dollars ($165.00) per month of defined contributions to be deposited with a trustee to the credit of individual pension accounts under the Plan. The Company will be responsible for and pay the cost of adminis- tering the Plan. The Company agrees to contribute, during each month on and after the effective date, the first fifty-five ($55.00) unit to the pen- sion account of each member of the Plan, who is on the active payroll in the month. For any member who elects to make a voluntary contribution by payroll deduction, at the rate of fifty-five ($55.00) per month, the Company will match this with an additional fifty-five ($55.00) of monthly contribution. Full- time employees the Plan after completion of one (1) year of continuous service. Effective September the contributions are increased from fifty-five dollars ($55.00) per month to sixty dollars ($60.00) per month. Effective September the contributions are increased from sixty ($60.00) dollars per month to sixty-five ($65.00) per month.
Sample 1
Income Plan. An Income Plan made available to you as shown on the Data Pages.
Sample 1
Income Plan. All entitlements under the Income Replacement Plans (excluding Long Term Disability) shall be of those received by the member in their full time position. (Job share participants will not have Long Term Disability coverage while job sharing.) Welfare For Group Life and Accidental Death and Dismemberment Insurance, the "Principal Sum" shall be of the member's full time salary (i.e. two times 50%); and For the Extended Health Care and Dental Plans, the member and the Board shall each pay of the cost of the applicable monthly premiums; and Benefit eligibility and entitlement is subject to the rules and regulations of the benefit plans and the benefit contract between the Police Services Board and the Carrier. The participants shall receive of the Shift Differential, Service Pay and/or Senior Constable entitlement and Cleaning Vouchers that they would have received had they not participated in the job sharing project. /Association Association dues and assessments payable by the participants shall be of the regular dues paid by full-time members. Uniform participants working a rotating shift shall be entitled to of the statutory holiday credits received by a full-time member during the job share arrangement. Civilian participants Statutory Holiday time shall be administered in accordance with the current practice. Members required to work on a Statutory Holiday shall have their overtime bank credited at time and one-half for all hours worked. Those members working a rotating shift who do not work on a Statutory Holiday shall have their overtime bank credited at of a full-time member’s entitlement hours x = hours) at straight time.
Sample 1
Income Plan. The Hospital agrees to contribute on behaif of each eligible full- time employee in the active employ of the Hospital, seventy-five percent (75%)of the billed premium toward the cost of coverage for the Hospitals of Ontario Disability Income Plan Full-time employees must as a condition of employment join the Plan accordance with the terms and conditions of the Plan, except that the Hospital will pay the appropriate rate in the Plan for the two (2) days of the and subsequent illness. of The may at any time substitute another for any plan provided that the benefits conferred thereby are not in total decreased. Before making such a substitution, the Hospital shall the Union to explain the proposed change and then ascertain the views of the employees. Upon a request by the Union, the Hospital provide to the Union full specifications of the benefit programs contracted for and in effect for employees covered therein. In the event of a lay-off of a full-time employee, the pay its share of insured benefit premiums up to the end of the in which the lay-off occurs. The employee may, if possible, under the terms and conditions of the insurance benefits programs continue to pay the premium cost of a benefit or benefits for up to three (3)months following the end of the month in which the lay-off Such can be made through the Payroll Office of the Hospital provided that the employee informs the Hospital of the employee's intent to do so at the time of the lay-off, and arranges with the Hospital the appropriate schedule. The Union shall be provided with an annual report of ail insurance plans and the Hospital shall discuss with the Union any improvements in benefits that are possible. In order to maintain income during periods of or injury, the Employer agrees to continue for full-time employees absent in excess of one pay period, at the level of benefit entitlements under the Hospitals of Ontario Disability Income Plan including Employment Insurance and the Workplace’ Safety and Insurance Board excluding pensions. It is agreed that on receipt of any monies from (including or for such or such monies shall be remitted immediately by the employee to the Employer or by authorizing the assignment of income to the Hospital. At no the income advancement exceed the amount an employee is entitled to from any of these insurances and benefits. Employees absent for less than one (1) pay period continue with existing and processes under the and plans. The parties agree that the Empl...
Sample 1
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Related to Income Plan

  • Retirement Plan Employee shall participate, after meeting eligibility requirements, in any qualified retirement plans and/or welfare plans maintained by the Company during the term of this Agreement.

  • Savings Plan Executive will be eligible to enroll and participate, and be immediately vested in, all Company savings and retirement plans, including any 401(k) plans, as are available from time to time to other key executive employees.

  • Income Protection Plan 7.2.1 (a) All employees w ho are unable to perform their duties due to an illness or injury, other than one for w hich Workplace Safety and Insurance benefits are payable, shall be entitled to income protection in accordance w ith the follow ing schedule: Length of Service Full Salary 2/3' s Salary (Weeks) (Weeks) 3 months but less than 6 months 1 1 6 months but less than 12 months1 16 1 year but less than 2 years 2 15 2 years but less than 3 years 3 14 3 years but less than 4 years 4 13 4 years but less than 5 years 5 12 5 years but less than 6 years 7 10 6 years but less than 7 years 9 8 7 years but less than 8 years 11 6 8 years but less than 9 years 13 4 9 years but less than 10 years 15 2

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

  • Compensation Plan 1. Subject to any applicable regulation and the Company's/its contractor approval, the applicant shall choose a Compensation Plan on the Affiliate Participation Form. An Affiliate may not change the elected Compensation Plan.

  • Profit Sharing Plan Under the Northrim BanCorp, Inc. Profit Sharing Plan (the “Plan”), Executive shall be eligible to receive an annual profit share based on performance as defined by the Board of Directors. Executive will be classified in the Executive tier under the Plan’s Responsibility Factors. If Employer is required to prepare an accounting restatement due to “material noncompliance of the Employer,” the Employer will recover from the Executive any incentive compensation during the three (3) years prior to the date of the restatement, in excess of what would have been paid under the restatement. Executive’s signature on this Agreement authorizes Employer to offset or deduct from any compensation Employer may owe Executive, any excess payments (in whole or in part) that Executive may owe Employer due to such restatement(s).

  • Incentive, Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with incentive opportunities (measured with respect to both regular and special incentive opportunities, to the extent, if any, that such distinction is applicable), savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies and programs as in effect at any time during the 120-day period immediately preceding the Effective Date or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

  • Retirement Savings Plan Within fifteen (15) days after the date of Termination of Employment, the Company shall pay to Employee a cash payment in an amount, if any, necessary to compensate Employee for the Employee’s unvested interests under the Company’s retirement savings plan which are forfeited by Employee in connection with the Termination of Employment.

  • Salaried Employees 1. Employees in this unit who qualify for exemption from the FLSA overtime provisions based upon duties and who are assigned to a class or pay grade, if the class has multiple pay grades, with a top step regular biweekly rate, without bonuses, above the top step regular biweekly rate for the class of Shift Superintendent Wastewater Treatment I shall be treated as salaried employees, in accordance with the provisions of the FLSA as identified in Los Angeles Administrative Code section 4.113(b). Salaried employees may be assigned 5/40, 4/10, 9/80 or other schedules at the discretion of Management. Notwithstanding any LAAC and MOU provisions, or other City department rules and regulations to the contrary, these employees shall not be required to record specific hours of work for compensation purposes, although hours may be recorded for other purposes. These employees will be paid the predetermined salary for each biweekly pay period, as indicated in the appropriate salary appendices, and shall not receive overtime compensation. Salaried employees shall not be subject to deductions from salary or any leave banks for absence from work for less than a full workday. This provision applies to occasional partial day absences from work which is authorized by the appropriate supervisor designated by management. This provision does not apply to long-term or recurring partial day absences (e.g., intermittent leave/reduced work schedule for purposes of Family/Medical Leave). Salaried employees shall not be subject to disciplinary suspension for a period of less than a workweek (seven days; half of the biweekly pay) unless based on violations of a safety rule of major significance. This requirement shall be superseded by the revised Department of Labor FLSA regulations pertaining to disciplinary suspensions of FLSA-exempt employees on the operative date of the FLSA regulations. The appointing authority of each City department may grant time off for hours worked due to unusual situations.

  • RETIREMENT INCOME PLAN 18.01 The Nursing Homes and Related Industries Pension Plan In this Article, the terms used shall have the meanings as described:

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