PENSIONS AND RETIREMENT. 13.01(a) All employees enrolled in the Ontario Municipal Retirement System (OMERS) as of January 1, 1998, shall continue to participate in the OMERS plan.
PENSIONS AND RETIREMENT to clause each full time in the "Permanent class of members shall be covered by the provisions of By-law No. of the City of Toronto and amendments thereto, being a by-law "to provide pensions for employees, their spouses and children, of the City of Toronto and other participating employers". It is understood and agreed that to the extent that the Ontario Municipal Employees Retirement System Plan is by applicable to any member of the Service, the By-law No. shall not be applicable to such member. Every member shall be upon attaining the age of seventy years, such retirement to be effective on the last day of the month in which the seventieth birthday of such member occurs. The Board has placed One Hundred Thousand Dollars in a fund to be administered by the Trustees of the Toronto Police Benefit Fund as set out in the Memorandum of Understanding dated May The Trustees will continue to determine the rules and regulations of the Fund, but the objectives will be to provide a supplement to existing governmental payments and pension plan payments Toronto Police Benefit Fund, Toronto Pension Plan) due to such dependents on the member's death, so that the disposable after tax income of the surviving will be approximatelyone hundred per cent of the after tax income of the deceased member, based on the salary for the deceased member at the time the payments are made. The trustees will continue to have the right to adjust the amount depending on the circumstances of the individual case time to time. The adequacy of the Fund will be reviewed from time to time.
PENSIONS AND RETIREMENT. It is mutually agreed that all employees who were previously covered by the Pension Plan No. with the Sun Life Assurance Company of Canada, will be continued in the Sun Life plan. In addition to the Canada Pension Plan, all other employees will be covered by the Ontario Municipal Employees' Retirement System Retirement will be in accordance with the rules and conditions of the Pension Plan. Retired employees and those who have left the Board's employ after December will receive retroactive wage increases and benefits from January to the date of retirement or last day of employment. ARTICLE
PENSIONS AND RETIREMENT. 36.01 Each employee who works other than on a continuous full-time basis shall be eligible to join the OMERS pension plan on January 1st following any two (2) consecutive calendar years where, in each year, such employee
PENSIONS AND RETIREMENT. 15:01 Subject to clause 15:02, each full-time member in the "Permanent Service" class of members shall be covered by the provisions of By-law No. 15-92 of the City of Toronto and amendments thereto, being a by-law "to provide pensions for employees, their spouses and children, of the Police Service of the City of Toronto and other participating employers".
PENSIONS AND RETIREMENT. 29.01 (a) Employees who regularly work forty (40) hours per week must become a member of the Ontario Municipal Employees Retirement System (OMERS) in accordance with the prevailing legislation in the Province of Ontario.
PENSIONS AND RETIREMENT. As from 1 October 2011 the company will have no fixed retirement age. Subject to you meeting the statutory eligibility criteria for age and earnings, you will be automatically enrolled into the Company’s Group Stakeholder Pension plan (“the Plan”) immediately on joining us (or such other registered pension scheme as may be set up by the Company to replace the Plan). Information about the Plan is available from the CBSO Finance / HR departments Around the time of your auto-enrolment, you will be sent details of your membership of the Plan together with information on how to opt out, should you chose to do so, by the Plan provider (currently Aviva). Note that membership of the Plan is entirely your choice and you will not be subjected to any detriment if you choose to remain opted in or to opt out. If you do not meet the minimum age/earnings requirements, you will not be automatically opted in until such time as you do meet the minimum requirements, but if you wish to join the Plan earlier you may do so at any time by contacting the CBSO Finance / HR department. A contracting-out certificate is not in force in respect of your employment. Further details are available on request from Human Resources.
PENSIONS AND RETIREMENT. 37.01 Notwithstanding clause 6.01 (No Discrimination or Harassment), each employee shall be retired upon attaining the age of sixty-five (65) years, such retirement to be effective upon the last day of the month in which the sixty- fifth birthday of the employee occurs. Any employee employed as of May 11, 2000, aged sixty-four (64) or greater shall be permitted to continue working.
PENSIONS AND RETIREMENT. Notwithstandingclause (No Discrimination or Harassment) hereof, each employee in this Unit shall be retired upon attaining the age of sixty-five (65) years, such retirement to be effective upon the last day of the month in which the sixty-fifth birthday of such employee occurs. Any Employee employed on May aged sixty-four (64) or greater shall be permitted to continue to work. All employees enrolled in the Ontario Municipal Retirement System as of January shall continue to participate in the plan. All employees who are members of pension plans other than the plan as of January shall continue to participate in those plans. Without limiting the generality of the foregoing, the pension plans to which clause applies include, but are not limited to: Toronto Civic Employees’ Pension Plan York Employees’ Pension Plan Metro Toronto Pension Plan It is understood and agreed that this list includes all pension plans of which the parties are aware as of May However, it is also understood and agreed that the list is not an exhaustive list, and that any other pension plans of which either party becomes aware during the term of this Collective Agreement will also be covered by clause For the purpose of this Article, the term “participate”when used in connection with a pension plan includes, but is not limited to, membership in the plan, accrual of pensionable service, employer and employee contributions, and entitlement to pension benefits. where, in each such Each employee who works other than on a continuous full time basis shall be eligible to join the pension plan on January 1st following any two (2) consecutive calendar has earned at least of the Year’s Maximum Pensionable earnings under the Canada Pension Plan, or has been paid or deemed to have been paid hours. Each employee in this Unit who is a member of the Ontario Municipal Employees Retirement System, and beneficiary or beneficiaries, as the case may be, shall be entitled to such pension, refund, or other payment as may be payable to or with respect to such employee as a member of such system. For those leaves of absence granted under clauses and every employee who has elected to participate in the Ontario Municipal Employees Retirement System or any other pension plan as set out in clause shall be considered to be in full time attendance for pension purposes and the pension contributions payments shall be made notwithstanding such leave, and Local shall remit to the City for both the employer and employee sh...
PENSIONS AND RETIREMENT. 28.1 All employees will be covered by the Ontario Municipal Employees' Retirement System (OMERS).
