Participation in the Current Retirement Plan Sample Clauses

Participation in the Current Retirement Plan. Subject to the approval of the Minister of Finance for Canada and of other cognizant governmental authorities, Company contributions and employee contributions to the Retirement Plan for Employees of Boeing Canada Operations Limited. On behalf of the employees to which this Agreement relates shall be discontinued effective January 1, 1991. Each employee to whom this Agreement relates who is a Member of this Plan on December 31, 1990 shall, as of April 1, 1991, be permitted to have the Company transfer the Accumulated Value of their Member Account attributable to their own contributions to a personal Registered Retirement Savings Plan. The portion of the Accumulated Value of their Member Account attributable to Company contributions shall remain in the Plan in the Member Account. The Accumulated Value of Company contributions made on behalf of each employee who is eligible to retire in accordance with the terms of the Plan on January 1, 1991 shall be fully and irrevocably vested and otherwise subject to the regular retirement provisions of the Plan. The Accumulated Value of Company contributions made on behalf of each employee who is not eligible to retire on January 1, 1991 shall be vested in accordance with the regular vesting provisions of the Plan on that date, and will continue to vest with continued employment subject to the regular termination of service provisions of the Plan.
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Related to Participation in the Current Retirement Plan

  • Participation in the SRS 15. Parents who choose not to participate in the SRS are responsible for providing their student with all items that would otherwise be provided by the SRS to enable their student to engage with the curriculum.

  • 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.

  • Eligibility for Group Participation This section describes eligibility to participate in the Group Insurance Program.

  • REGISTERED RETIREMENT SAVINGS PLAN 1. In this Article:

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