Pension Plan Membership. New employees working reduced hours must apply for membership in the Pension Plan after completing 24 months of continuous service, subject to the following conditions: • accumulated earnings, including overtime, must equal 35% of the Year's Maximum Pensionable Earnings (YMPE); and/or • all accumulated hours, including overtime, must equal 700 (scheduled reduced) hours in each of the two previous calendar years.
Appears in 7 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement