Life-Course Savings Scheme Sample Clauses

Life-Course Savings Scheme. (minimum provision)
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Life-Course Savings Scheme minimum provision 1 Since 2012, the life course savings scheme has only been available to participants who, on 31 December 2011, had a minimum credit balance of € 3000 (including return) in this scheme; a transitional arrangement applies to these participants 2 If, as part of those transitional arrangements, an employee continues to pay contributions, this will be subject to the condition that, no life course leave tax credit shall accrue on contributions made on or after 1 January 2012.
Life-Course Savings Scheme. As of 1 January 2006, the statutory life-course savings scheme will take effect. This scheme allows employees to save up for periods of unpaid leave for early retirement. The life-course savings scheme affects a number of existing leave schemes under the Collective Labour Agreement. A joint work group will study the consequences of the life-course savings scheme for the existing leave schemes. Before 1 January 2006, parties will lay down agreements in a "provisional" life-course savings scheme on paid parental leave and other topics for which early retirement (VUT), pre-pension and course of life have fiscal consequences. Funds that become available due to amendments to or expiry of schemes included in the life-course savings scheme will be allocated as employment conditions funds for the implementation of the research institute life-course savings scheme. Until the final research institute life-course savings scheme takes effect, the current SROI (appendix 2 of the Collective Labour Agreement for Research Institutes) will remain in force.

Related to Life-Course Savings Scheme

  • 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.

  • Health Care Savings Plan As provided in this Agreement, eligible ASF Members will participate in the health care savings plan (HCSP) established under Minnesota Statute 352.98, and as administered by the Plan Administrator. The Employer is responsible only for transferring funds, as specified in this agreement, to the Plan Administrator.

  • State Employee Group Insurance Program (SEGIP) During the life of this Agreement, the Employer agrees to offer a Group Insurance Program that includes health, dental, life, and disability coverages equivalent to existing coverages, subject to the provisions of this Article. All insurance eligible employees will be provided with a Summary Plan Description (SPD) called “Your Employee Benefits”. Such SPD shall be provided no less than biennially and prior to the beginning of the insurance year. New insurance eligible employees shall receive a SPD within thirty (30) days of their date of eligibility.

  • Policy Grievance – Employer Grievance The Employer may institute a grievance alleging a general misinterpretation or violation by the Union or any employee by filing a written grievance with the Bargaining Unit President, with a copy to the Labour Relations Officer within twenty (20) days after the circumstances have occurred. A meeting will be held between the parties within ten (10) days. The Union shall reply within ten (10) days after the meeting, and failing settlement, the matter may be referred to arbitration.

  • Medical/Dental Expense Account The Employer agrees to allow insurance eligible employees to participate in a medical and dental expense reimbursement program to cover co- payments, deductibles and other medical and dental expenses or expenses for services not covered by health or dental insurance on a pre-tax basis as permitted by law or regulation, up to the maximum amount of salary reduction contributions allowed per calendar year under Section 125 of the Internal Revenue Code or other applicable federal law.

  • Exempt Employees (1) Except as may otherwise be provided by specific terms of this Agreement, C.G.S. Section 5-245(b)(1) shall be deemed to exempt from overtime payment all employees being paid above Salary Grade 24, and those unclassified positions which on June 30, 1977 were deemed exempt positions. Subject to the operating needs of the agency:

  • Hospitals of Ontario Voluntary Life Insurance Plan The Hospital also agrees to make the Hospitals of Ontario Voluntary Life Insurance Plan (HOOVLIP) available to the nurses subject to the provisions of HOOVLIP at no cost to the Hospital.

  • Leave of Absence for Union Business (a) The Employer shall grant leaves of absence to employees to attend Union Conventions, negotiations of the Collective Agreement with the Employer and other Union business. The Union agrees that such leave will not unduly affect the proper operations or be detrimental to the proficient operations of the Employer.

  • Special Parental Allowance for Totally Disabled Employees (a) An employee who:

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.

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