Pension Accrual Sample Clauses

Pension Accrual. The Company will provide the necessary monies to build up the pension of any employee receiving benefits from the insured Long Term Disability Plan at the rate of pension accrual in effect at the commencement of the disability.
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Pension Accrual. While receiving benefits under this Plan the employee will continue to accrue full pension credits as though still actually working, at no cost to the employee based on the earnings used to establish the amount of his Long Term Disability.
Pension Accrual. While receiving benefits under this Plan the employee will continue to accrue full pension credits as though still actually working, at no cost to the employee, based on the earnings used to establish the amount of his coverage shall apply to any employee actually at work on the first of the month following signing of the Agreement and for those not actively at work on their return to work. Effective June the Company will make arrangements to pick up any cost charged by Medical Doctors for completing Return to Work slips required by the Company and Maritime Life Weekly indemnity and Long Term Disability forms, up to a maximum of per form. Dental Plan The Company will provide a dental plan according to the following schedule of fees: Fee Schedule will be upgraded each year to reflect the previous year’s fee schedule.
Pension Accrual. While receiving benefit under this plan, an employee will continue to accrue benefits at no cost to him.
Pension Accrual. The Transferred Employees shall cease to accrue pension benefits under the BCH Pension Plan and the BCH Over the Limits Pension Plan (if applicable) immediately prior to their Transfer of Employment Dates, and shall commence to accrue pension benefits under the ABS Pension Plan and ABS Over the Limits Pension Plan (if applicable) on their Transfer of Employment Dates. ABS shall assume all responsibility for the pension benefits of Transferred Employees accrued from and after such Transfer of Employment Dates.
Pension Accrual. Pension accrual shall be determined in accordance with the terms of the applicable pension plan.
Pension Accrual. While receiving benefits under this Plan the employee will continue to accrue full pension credits as though still actually working, at no cost to the employee based on the earnings used to establish the amount of his Long Term Disability. Long Disability coverage-shall apply to any employee actually at work on the first of the month following signing of the Agreement and for those not actively at work on their return to work. The Company agrees to change the Insurance Booklet where necessary to provide that any employee who goes on benefits on or following the date of ratification, will not have his company-paid life insurance reduced. Effective October I, following date of ratification, the Company will make arrangements to pick up any cost charged by Medical Doctors for completing Return to Work slips required by the Company and Maritime Life Weekly Indemnity and Long Term up to a maximum of per form. Dental Plan Effective the date of Company will provide a Dental Plan based on the Ontario Dental Association Schedule of Fees. In addition, the Company will a co-insurance on orthodontic treatment, including correction of malocclusion as outlined in Schedule C of the Dental Plan. Details of Dental Plan will be included in an Appendix to the Agreement. The fee schedule will be upgraded May 1st each year to reflect the previous year’s fee schedule. Plan The Company will provide a Prescription Drug Plan. The Plan will provide usual and customary expenses with a single deductible per calendar year, and a family deductible per calendar year. At present time the Company provides safety prescriptioneyeglasses to an employee at no cost to the employee, except for a fitting fee. Effective May the Company agrees to include a fitting fee cost of twenty dollars ($20.00) for bifocal and twenty-five dollars ($25.00) for bifocal safety prescription glasses for each regular employee, limited to one (1) fitting fee every two (2) years. Vision Care Effective the date of ratification the following vision care expenses incurred by covered dependents are eligiblewhen recommended by a physician or an optometrist. Frames, lenses, and the fitting of prescription glasses, including contact lenses up to a total payment of per dependent, in any two consecutive calendar years. Effective May the benefit will be increased to per family member in any two (2) consecutive calendar years. Leave Pregnancy leave is designed to protect a woman against a break in company and the loss of benefi...
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Related to Pension Accrual

  • Vacation Accrual Regular employees shall accrue hours of vacation with pay for each hour of compensation to a maximum of eighty (80) hours per biweekly work period according to the following schedule, commencing with the employee's hire date of his latest period of County employment.

  • Vacation Accrual Rates Laid off employees who are re-employed shall have the vacation accrual rate they held immediately prior to layoff restored.

  • Leave Accrual After the first 30 days of active military service in any one calendar year, employees shall not accrue City-paid vacation, holiday, or sick leave benefits or other forms of paid leave; provided, however, that any public employee on military leave for intermittent training periods shall continue to accrue the same vacation, sick, and holiday leave up to a maximum period of 180 cumulative days per calendar year as if the employee had not been on military leave.

  • Deferred Compensation Account All Participant Deferral Credits and Employer Credits shall be credited to the Deferred Compensation Account of the Participant as provided in Section 8.

  • Annual Leave Accrual If an employee leaves State Classified employment and is later rehired, he/she shall accrue annual leave at the same rate as a new hire. However, once a rehired employee has been in pay status for five (5) years, all previous service time shall be credited for annual leave accrual. The only exception shall be for employees rehired who repay severance pay received.

  • Interest Accrual Each Class of Notes will accrue interest on its Note Balance for each Interest Period until the Note Balance has been paid in full at a rate per annum equal to its Note Interest Rate for that Interest Period. Interest on the Class A-1 and Class A-2b Notes will be calculated for each Interest Period on the basis of the actual number of days in the Interest Period and a 360-day year. Interest on the Notes (other than the Class A-1 and Class A-2b Notes) for each Interest Period will be calculated on the basis of a 360-day year consisting of twelve 30-day months. Interest on each Note for each Interest Period will be due and payable on the related Payment Date.

  • Vacation Leave Accrual ‌ After a full-time employee has been in pay status for eighty (80) non-overtime hours in a calendar month, the employee will accrue vacation leave according to the rate schedule below. Vacation leave accrual for part-time employees will be proportionate to the number of hours the part-time employee is in pay status during the month to that required for full-time employment.

  • Sick Leave Accrual Full-time employees will accrue eight (8) hours of sick leave in a calendar month. Part- time employees will accrue sick leave credit on the same proportional basis that their employment schedule bears to a full-time schedule, up to a maximum of eight (8) hours in a calendar month.

  • Retirement Accounts With respect to certain retirement plans or accounts (such as individual retirement accounts (“IRAs”), SIMPLE IRAs, SEP IRAs, Xxxx IRAs, Education IRAs, and 403(b) Plans (such accounts, “Retirement Accounts”), the Transfer Agent, at the request and expense of the Fund, provide or arrange for the provision of various services to such plans and/or accounts, which services may include custodial agent services such as account set-up maintenance, and disbursements as well as such other services as the parties hereto shall mutually agree upon.

  • Vacation Accumulation (a) Vacations are not cumulative from year to year.

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