Industry Pension Plan Sample Clauses

Industry Pension Plan. A-6.01 Effective on the date of ratification, the Company agrees to contribute fifteen ($0.15) cents into the Canadian Commercial Workers Industry Pension Plan (“CCWIPP”) for all employees in the bargaining unit, for all hours worked or paid, including sick pay, disability benefits, vacations, and general holidays, to a maximum of the basic work week of 40 hours per week.
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Industry Pension Plan. 20.01 The Company agrees to make available to the Employees, the Council of Printing Industries of Canada - The Graphic Communications International Union, Local 100-M Joint Pension Plan.
Sample 1
Industry Pension Plan. Effective December the Company shall be a partici- pant in the Canadian Commercial Workers Industry Pension Plan for all employees covered by this Agreement at a contri- bution of: forty-one (41) cents per hour, and Effective December forty-seven (47) cents per hours. Also effective August and solely to retire any past service liability, a contribution in addition to one or more of the foregoing future service contributions, of per hour. The Company shall contribute in respect of hours paid for time worked and hours paid for time not worked due to sick- ness, vacations and public holidays (excluding Weekly In- demnity). The maximum number of such paid hours in a week for any employee shall be the number of hours in the basic work week pursuant to Article of this Agreement. The maximum pension benefit level under the Plan for service prior to entry into the Plan for employees of the Company shall be per month for each year of credited service with the Company prior to entry into the Plan to a maximum of twenty (20) such years of credited service. The cost of the past service benefit for the Company’s em- ployees who are members of the bargaining unit effective date of entry into the Plan of January and who were members of the Plan prior to August shall be actuarially determined as at the time of entry and at intervals of not more than three (3) years thereafter and shall be paid by the Company to the Fund, on the basis of seven (7) cents per hour paid or worked by employees. A tally of contributionsalong with a list of employees in respect of whom contributions have been made, the amount of the weekly contribution for each employee and the number of hours worked or paid to the above, shall be forwarded by the Compa- ny within the twenty-one (21) days after the close of the Compa- ny’s four (4)week accounting period. The Company shall pay interest at the rate established by the Trustees on all contributions not as stipulated above. The Company shall cease making contributions for past serv- ice benefits immediately that the past service liability is paid. Such contribution shall be retained by the Company. e Company shall sign a participation Agreement with the of the Fund and thereafter is a party to the and Declaration of Trust” establishing the Fund. HEALTH INSURANCE PLAN Effective October the Company shall reimburse employees with five (5) years of service who have worked six hundred (600) hours in the previous calendar year for sev- enty-five percent (7...
Sample 1

Related to Industry Pension Plan

  • Municipal Pension Plan (i) All newly hired regular employees shall participate under the Municipal Pension Plan, subject to the terms and conditions of such Plan, from their initial date of hire as a regular employee.

  • No Pension Plans There are no pension, profit sharing, group insurance or similar plans or other deferred compensation plans affecting the Company;

  • Defined Benefit Pension Plans The Borrower will not adopt, create, assume or become a party to any defined benefit pension plan, unless disclosed to the Lender pursuant to Section 5.10.

  • Oregon Public Service Retirement Plan Pension Program Members For purposes of this Section 2, “employee” means an employee who is employed by the State on or after August 29, 2003 and who is not eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • Canadian Pension Plans The Loan Parties shall not (a) contribute to or assume an obligation to contribute to any Canadian Defined Benefit Plan, without the prior written consent of the Administrative Agent, or (b) acquire an interest in any Person if such Person sponsors, administers, maintains or contributes to or has any liability in respect of any Canadian Defined Benefit Plan, or at any time in the five-year period preceding such acquisition has sponsored, administered, maintained, or contributed to a Canadian Defined Benefit Plan, without the prior written consent of the Administrative Agent.

  • Pension Plan 15.01 The CLAC Pension Plan (“the Plan”), a defined contribution pension plan, is registered with the Canada Revenue Agency. The Plan applies to all employees covered by this Agreement.

  • Guaranteed Pension Plans Each contribution required to be made to a Guaranteed Pension Plan, whether required to be made to avoid the incurrence of an accumulated funding deficiency, the notice or lien provisions of §302(f) of ERISA, or otherwise, has been timely made. No waiver of an accumulated funding deficiency or extension of amortization periods has been received with respect to any Guaranteed Pension Plan, and neither the Borrower nor any ERISA Affiliate is obligated to or has posted security in connection with an amendment to a Guaranteed Pension Plan pursuant to §307 of ERISA or §401(a)(29) of the Code. No liability to the PBGC (other than required insurance premiums, all of which have been paid) has been incurred by the Borrower or any ERISA Affiliate with respect to any Guaranteed Pension Plan and there has not been any ERISA Reportable Event (other than an ERISA Reportable Event as to which the requirement of 30 days notice has been waived), or any other event or condition which presents a material risk of termination of any Guaranteed Pension Plan by the PBGC. Based on the latest valuation of each Guaranteed Pension Plan (which in each case occurred within twelve months of the date of this representation), and on the actuarial methods and assumptions employed for that valuation, the aggregate benefit liabilities of all such Guaranteed Pension Plans within the meaning of §4001 of ERISA did not exceed the aggregate value of the assets of all such Guaranteed Pension Plans, disregarding for this purpose the benefit liabilities and assets of any Guaranteed Pension Plan with assets in excess of benefit liabilities.

  • 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.

  • 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:

  • Annuity Plan Teachers will be eligible to participate in a “tax sheltered” annuity plan established pursuant to United States Public Law No. 87-370.

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