Retirement Provision. In addition to the wage rates listed in the Schedules attached hereto, the Employers shall pay into a 401(k) Retirement Fund known as the “Eastern Washington-Northern Idaho Carpenters Retirement Fund” (which sponsors the Eastern Washington-Northern Idaho 401(k) Retirement Plan) effective June 1, 2012, an employer non-elective contribution a sum as listed in Schedule "A-1" per compensable hour for all employees covered by this agreement. Such payments shall be made monthly on or before the 15th of the month following that for which contributions are being made and shall be deposited in a delegated bank or banks in accordance with the negotiated Trust Agreement dated January 2, 2002 between the Inland Northwest Associated General Contractors of America, Inc. and the Pacific Northwest Regional Council of Carpenters and the individual members thereof. The signatory employers agree to abide by all the terms and conditions of the Trust Agreement and any amendments heretofore or hereafter adopted. The Trust Agreement, as amended, is incorporated by reference and made a part of this Agreement. In addition, for any employee who elects to have tax-deferred elective contributions deducted from his compensation for remittance to the Eastern Washington-Northern Idaho Carpenters 401(k) Retirement Plan, the signatory employers agree to remit such elective contributions on the employee’s behalf monthly on or before the 15th day of the month following the month in which the employee has had the contributions deducted from his compensation, in accordance with the Trust Agreement referenced above.
Retirement Provision. Notwithstanding Section 3(a), if the Recipient terminates employment on or after attaining age fifty-five (55) and completing ten (10) Years of Credited Service, the Recipient shall become vested in his or her PUs in accordance with the following schedule: Date Relationship Terminates Vesting Percentage On or after first (1st) anniversary of Grant Date 33.3% On or after second (2nd) anniversary of Grant Date 66.6% On or after third (3rd) anniversary of Grant Date 100% In the event a Recipient becomes partially or fully vested under this Section 3(b), in no event shall any PUs vested as a result of this Section 3(b) be delivered until the Vesting Date, nor shall any PUs vested as a result of this Section 3(b) be delivered if the Recipient as of the date of delivery is in violation of any confidentiality, inventions and/or non-competition agreement with the Company. For purposes of this Section 3(b), a Recipient shall be treated as having terminated from employment if he satisfies the definition of Termination of Employment under the Iron Mountain Incorporated Executive Deferred Compensation Plan, and Years of Credited Service shall be calculated on the same basis as “Years of Credited Service” under The Iron Mountain Companies 401(k) Plan or any successor thereto.
Retirement Provision. It is agreed by the parties here- to that all employers covered by this Agreement shall contribute a sum as listed in Schedule “A-1” herein for each compensable man hour of Carpenters employed by Employers covered by this Agreement into a Re- tirement Fund known as the “Washington-Idaho-Mon- xxxx Carpenters-Employers Retirement Fund” . Such payments shall be made monthly on or before the 15th of the month following that for which contributions are being made and shall be deposited in a delegat- ed bank or banks in accordance with the negotiated Trust Agreement dated July 20, 1965, between the Inland Northwest Chapter of the Associated Gener- al Contractors of America and the Washington State Council of Carpenters, District Councils and signatory Local Unions of the United Brotherhood of Carpenters and Joiners of America and the individual members thereof . The signatory employers agree to abide by all the terms and conditions of the Trust Agreement and any amendments heretofore or hereafter adopted . The Trust Agreement, as amended, is incorporated by ref- erence and made a part of this Agreement .
Retirement Provision. Bargaining unit members whose combined years of service in Ashland and age equals seventy (70) shall be eligible for the following retirement program:
Retirement Provision. A. The employee employed on a part-time basis shall receive the retirement credit he/she would receive if he/she were employed on a full-time basis and have his/her retirement allowance based on the salary that he/she would have received if employed on a full-time basis.
Retirement Provision. In recognition of services to the School District, a retirement leave payment based upon the employee’s last annual pay (as defined by their last available W-2 statement) shall be paid to the employee upon retirement, provided said employee has been employed by the District for at least ten (10) years. To be eligible for this retirement payment, the employee must present evidence that he/she is eligible to begin receiving benefits from the Michigan Public School Employees Retirement Fund within three (3) months after retiring from the Western Schools. The Board shall be responsible for the following stipends: Years of Service Over 25 10% 23-25 12% 19-22 14% 15-18 16% 10-14 10% These percentages shall become effective with the 1994-95 School year and current employees shall be “grandfathered” in the following manner. Employees with more than ten (10) years of service currently may choose a number of years with which to be credited for retirement purposes under this provision effective January 31, 1995. This provision shall not pertain to any employee hired after November 8, 2007.
Retirement Provision. In recognition of dedicated service, a multi-purpose facility technician or maintenance worker who has worked for twenty (20) consecutive years in the Amesbury School System (or the City of Amesbury serving under the Retirement Act) or who has attained the age of 62 and has worked for ten (10) consecutive years in the Amesbury School System may obtain an increase in compensation in the final year of working by following these procedures. The hourly rate of pay to be used for these calculations shall be the substitute custodian hourly rate of pay, currently $10.00 per hour.
Retirement Provision. In recognition of services to the school district, a retirement leave payment based upon the employee's last annual pay (as defined by their last available W-2 statement) shall be paid to the employee upon retirement from the District, provided said employee has been employed by the district for at least ten (10) years. To be eligible for this retirement payment, the employee must present evidence that he/she is eligible to begin receiving benefits from the Michigan Public School Employees Retirement Fund within three (3) months after retiring from the Western Schools. The Board shall be responsible for the following stipends: Years of Service over 25 20% 23-25 18% 19-22 16% 15-18 14% 10-14 12% This provision shall not pertain to any employee hired after November 29, 2007
Retirement Provision. An employee who has continuously been employed by the Amesbury Public Schools for ten years may submit his/her written resignation for the purpose of retirement in advance and receive a longevity increment in his/her retirement year according to the following schedule. Such letter must be submitted to the Superintendent prior to December 15 proceeding the first school year of which the retirement sequence begins. Longevity increment added to employee’s current step of the salary schedule: Four Year Three Year Two Year One Year $1,200 $1,000 $850 $600 An employee wishing to resign for the purpose of retirement with any exceptions to the above schedule must submit a written request stating reasons and circumstances for special consideration to the Superintendent.
Retirement Provision. The Tarpon Springs Police Department will provide an officer that retires with twenty years or more, continuous service in good standing, one complete uniform including the badge worn by that officer, the officer’s service handgun (with gun lock and key), and an identification card clearly marked retired and badge case. The eligible officer must provide written request to the Chief of Police for the aforementioned equipment. An officer that retires with no less than ten (10) years of continuous service in good standing shall be eligible to receive the badge worn by that officer, an identification card clearly marked retired and a badge case.
