PENSION OBLIGATION Sample Clauses
The Pension Obligation clause defines the responsibilities of an employer regarding the provision and funding of pension benefits for employees. Typically, this clause outlines the employer's duty to contribute to a pension plan, specifies the types of plans covered (such as defined benefit or defined contribution), and may detail the frequency and calculation of contributions. Its core practical function is to ensure that employees receive agreed-upon retirement benefits and to clarify the employer's financial commitments, thereby preventing disputes over pension entitlements.
PENSION OBLIGATION. In the banking industry there is a pension obligation as described in Pension protocol I (the pension protocols can be obtained through the contact address of parties).
PENSION OBLIGATION. WGB is not paying, nor has it any obligation to pay, any pension, deferred compensation or retirement allowance to any Person. True, complete and correct copies of each of the contracts set forth in Schedule 3.12 or expressly referred to in the notes to the Financial Statements have heretofore been provided to Fred▇▇▇▇▇ ▇▇ WGB.
PENSION OBLIGATION. The City of Champaign will abide by state statute and the Illinois State Constitution in maintaining appropriate funding for the Pension Fund applicable to Police Pension members.
PENSION OBLIGATION. Company is not paying, nor has it any obligation to pay, any pension, deferred compensation or retirement allowance to any Person. True, complete and correct copies of each of the contracts referred to in this Section 3.12 or expressly referred to in the notes to the Financial Statements have heretofore been provided to Parent by Company.
PENSION OBLIGATION. Except as set forth in SCHEDULE 3.16B, neither DBPC or MDC is paying, nor has DBPC or MDC, as applicable, any obligation to pay, any pension, deferred compensation or retirement allowance to any Person. True, complete and correct copies of each of the contracts set forth in SCHEDULE 3.12 or expressly referred to in the notes to the Financial Statements have heretofore been made available to MCSC by DBPC and MDC.
PENSION OBLIGATION. Except as set forth in SCHEDULE 3.16B, CMS is not paying, nor has it any obligation to pay, any pension, deferred compensation or retirement allowance to any Person. True, complete and correct copies of each of the contracts set forth in SCHEDULE 3.12 or expressly referred to in the notes to the Financial Statements have heretofore been provided to MCSC by CMS.
PENSION OBLIGATION. Except as set forth in SCHEDULE 3.16B, BRITCO is not paying, nor has it any obligation to pay, any pension, deferred compensation or retirement allowance to any Person. True, complete and correct copies of each of the contracts set forth in SCHEDULE 3.12 or expressly referred to in the notes to the Financial Statements have heretofore been provided to MCSC by BRITCO.