Retirement Plan. Executive shall, upon termination of employment, be entitled to receive all benefits payable to the Executive under the MTS Systems Corporation Profit Sharing Retirement Plan and any other plan or agreement relating to retirement benefits.
Retirement Plan. Executive will also be eligible during the Employment Term to participate in the Company’s 401(k) Plan, as may be modified or changed. In addition, Executive will also be eligible during the Employment Term to participate in the Company’s deferred compensation plan, as may be modified or changed from time to time, in the same manner as other similarly situated officers of the Company.
Retirement Plan. The employees covered by this agreement shall be eligible to participate in the Clerical, Office and Technical Employees Retirement Plan for the term of this agreement, in accordance with its terms. Employees hired after March 4, 2007 shall become member of the defined contribution plan. Employees covered by this agreement, hired prior to March 4, 2007 however, shall be entitled to receive an early retirement (or deferred vested) benefit at age fifty-five (55), with the appropriate early retirement monthly reduction as described in the plan. In connection with this agreement:
Retirement Plan. Fellows are not eligible for the employer contribution in the MAHEC deferred contribution retirement plan; however, they may contribute on their own through payroll deduction.
Retirement Plan. The Employee shall be entitled to participate in the Company's retirement plans in accordance with the terms and conditions of such plans and applicable law, as the same may be implemented, changed, or terminated from time to time. Employee shall become eligible to participate in the Company's retirement plans as of the Effective Date or the date of implementation of such plans, whichever is later.
Retirement Plan. The retirement plan presently in effect shall be continued. During the term of this Agreement, the Employer contribution will be eight percent (8.0%) with the employee contribution at six percent (6.0%) of gross earnings. New employees are eligible to participate in the retirement plan at age twenty-five (25) with two (2) years of consecutive service. Participation is mandatory at age thirty (30).