Ineligibility Due to Age Sample Clauses

Ineligibility Due to Age. Whereas coverage under the Benefit Plan ceases for the plan participant because of age, an amount equivalent to the contributions to the Trust Fund, will be paid to that employee and treated as wages. This is the hourly Employer contribution amount outlined in Schedule “A”.
Sample 1Sample 2Sample 3See All (76)
AutoNDA by SimpleDocs
Ineligibility Due to Age. Where legislation prohibits an employee from contributing because of age, an amount equivalent to the contributions will be paid to that employee as wages on each paycheque and treated as wages. This payment in-lieu of pension contributions will not be less than the amount that employee would have received if they were still contributing to the Plan.
Sample 1Sample 2Sample 3See All (74)
Ineligibility Due to Age. Whereas coverage under the Benefit Plan ceases for the plan participant because of age, an amount equivalent to the contributions to the Benefit Plan as outlined in Schedule “A”, less any employment and statutory deductions, will be paid to that employee and treated as wages.
Sample 1Sample 2
Ineligibility Due to Age. Whereas coverage under the Trust Fund ceases for the plan participant because of age, an amount equivalent to the contributions to the Trust Fund as outlined in Schedule “A”, less any employment and statutory deductions, will be paid to that employee and treated as wages.
Sample 1Sample 2
Ineligibility Due to Age. Where legislation prohibits contributions being made to the Union Sponsored Pension Plan because of an employee’s age, the Employer will instead pay an amount equivalent to the contributions outlined in 16.01 to that employee on each paycheque. This payment, in-lieu of Pension Plan contributions, will not be less than the amount that employee would have received if the employee were still eligible for contributions to the Union Sponsored Pension Plan.
Sample 1
Ineligibility Due to Age. Whereas coverage under this Insurance Plan ceases for the plan participant at the attainment of age seventy-five (75), an amount equivalent to the contributions to the Insurance Plan as outlined in the Schedules will be paid to the employee, upon attainment of their seventy-fifth (75th) birthday, on each paycheque. This payment, in-lieu of contributions to the Insurance Plan, administered by the CLAC Health and Welfare Trust Fund, will not be less than the contributions that would have been made on behalf of the employee if he/she were still eligible for the Insurance Plan. It is further understood these payments will be subject to taxes and other deductions stipulated federally or by this Collective Agreement.
Sample 1
Ineligibility Due to Age a. Where eligibility for coverage under the Plan ceases because of age, an amount equivalent to the contributions to the Insurance Plan outlined in Schedule “A” will be added to the employee’s hourly pay rate.
Sample 1
AutoNDA by SimpleDocs
Ineligibility Due to Age. Whereas coverage under the Benefit Plan ceases for the plan participant because of age, an amount equivalent to the contributions to the Insurance Plan, will be paid to that employee and treated as wages. This payment, in- lieu of contributions to a Health Benefit Plan, will not be less than the contributions that would have been made on behalf of the employee if they were still eligible for the Plan.
Sample 1
Ineligibility Due to Age. Whereas coverage under the Trust Fund ceases for the plan participant six (6) months after the employee turns sixty-four (64) years of age (the “Age Out Date”), an amount equivalent to the contributions to the Trust Fund will be paid to that employee following the Age Out Date and treated as wages. This is the hourly Employer contribution amount outlined in Schedule “A”.
Sample 1

Related to Ineligibility Due to Age

  • Ineligibility The Bank or the Association has declared the Borrower (other than the Member Country) or the Project Implementing Entity ineligible to receive proceeds of any financing made by the Bank or the Association or otherwise to participate in the preparation or implementation of any project financed in whole or in part by the Bank or the Association, as a result of a determination by the Bank or the Association that the Borrower or the Project Implementing Entity has engaged in fraudulent, corrupt, coercive or collusive practices in connection with the use of the proceeds of any financing made by the Bank or the Association.”

  • Changes Due to a Life Event After the initial enrollment period and outside of any open enrollment period, an employee may elect to change health or dental coverage (including adding or canceling coverage) and any applicable employee contributions in the following situations (as long as allowed under the applicable provisions, regulations, and rules of the federal and state law in effect at the beginning of the plan year). The request to change coverage must be consistent with a change in status that qualifies as a life event, and does not include changing health or dental plans, which may only be done under the terms of Section 5A above. Any election to add coverage must be made within thirty (30) days following the event, and any election to cancel coverage must be made within sixty (60) days following the event. (An employee and a retired employee may add dependent health or dental coverage following the birth of a child or dependent grandchild, or following the adoption of a child, without regard to the thirty (30) day limit.) These life events (for both employees and retirees) are:

  • TAX LIMITATION ELIGIBILITY In order to be eligible and entitled to receive the value limitation identified in Section 2.4 for the Qualified Property identified in Article III, the Applicant shall:

  • Termination Due to Retirement Subject to Section 7 below, in the event of Termination due to Retirement, then (regardless of any subsequent death of the Employee) the Option will continue to vest pursuant to Section 3, and the last date on which the Option may be exercised is the day prior to the Expiration Date.

  • Funding Eligibility Contractor understands, acknowledges, and agrees that, pursuant to Chapter 2272 (eff. Sept. 1, 2021, Ch. 2273) of the Texas Government Code, except as exempted under that Chapter, HHSC cannot contract with an abortion provider or an affiliate of an abortion provider. Contractor certifies that it is not ineligible to contract with HHSC under the terms of Chapter 2272 (eff. Sept. 1, 2021, Ch. 2273) of the Texas Government Code.

  • Eligibility; Disqualification There will at all times be a Trustee hereunder that is a corporation organized and doing business under the laws of the United States of America or of any state thereof that is authorized under such laws to exercise corporate trustee power, that is subject to supervision or examination by federal or state authorities and that has a combined capital and surplus of at least $100.0 million as set forth in its most recent published annual report of condition. This Indenture will always have a Trustee who satisfies the requirements of TIA § 310(a)(1), (2) and (5). The Trustee is subject to TIA § 310(b).

  • Determination of Eligibility The Plan Administrator shall determine the eligibility of each Employee for participation in the Plan based upon information provided by the Employer. Such determination shall be conclusive and binding on all individuals except as otherwise provided herein or by operation of law.

  • Eligibility Determination The State or its designee will make eligibility determinations for each of the HHSC HMO Programs.

  • S-3 Eligibility (i) At the time of filing the Registration Statement and (ii) at the time of the most recent amendment thereto for the purposes of complying with Section 10(a)(3) of the Securities Act (whether such amendment was by post-effective amendment, incorporated report filed pursuant to Section 13 or 15(d) of the Exchange Act or form of prospectus), the Company met the then applicable requirements for use of Form S-3 under the Securities Act, including compliance with General Instruction I.B.1 of Form S-3.

  • Benefit Eligibility For purposes of the Benefit Plan entitlement, common-law and same sex relationships will apply as defined.

Time is Money Join Law Insider Premium to draft better contracts faster.