Retirement Savings Plan Sample Clauses

Retirement Savings Plan. 1. The Corporation shall contribute .5% of the employee’s scheduled salary into a 401(A) plan. 2. Teachers under a temporary contract are not eligible for this benefit. 3. The company selected to implement this program will be selected by the employer. 4. To be vested, the employee must have a minimum of ten (10) years teaching experience in this school corporation. 5. To be vested in the 403b Buyout Retirement/Severance Plan, the employee must be at least fifty-five (55) years of age, have at least twenty (20) years of total teaching experience, and have a minimum of ten (10) years teaching experience in this school corporation. These benefits are not available to any teacher hired after 2001.

Retirement Savings Plan. During the term of the Agreement, the Company has adopted the CenturyLink Union 401 (k) Plan (the "401 (k) Plan") and agrees to include employees covered by this Agreement as members of such 401 (k) Plan as soon as administratively feasible following ratification of this Agreement, in accordance with the Savings Agreement as included below. In addition, the Company agrees to withhold employee contributions as provided in said Savings Agreement and to make Company contributions thereto. Said Savings Agreement shall be continued without modification for the life of this Agreement; provided, however, the Company (and for this purpose only "Company" shall include CenturyLink Corporation) retains the right to make such changes in the 401 (k) Plan, in its sole discretion, as may be required to obtain a ruling from the Commissioner of Internal Revenue that the 401 (k) Plan qualifies under Section 401(a) and 401 (k) of the Internal Revenue Code of 1986, as amended from time to time, and that the Trust implementing the 401 (k) Plan is exempt from taxation under Section 501(a) of said Code, to satisfy any applicable state or federal statute, regulation, ruling, court decision or other law applicable to said 401 (k) Plan, or to administer said 401 (k) Plan in an orderly and efficient manner. Any such action taken by the Company in its sole discretion with respect to the 401 (k) Plan shall apply to all similarly situated employees of the Company in a uniform manner. The Company agrees to notify the union of any such action.

Retirement Savings Plan. To the extent not already vested pursuant to the terms of such plan, the Employee’s interests under the Parent’s retirement savings plan shall be automatically fully (i.e., 100%) vested, without regard to otherwise applicable percentages for the vesting of employer-matching contributions based upon the Employee’s years of service with the Company.

Retirement Savings Plan. For all members of the bargaining unit hired and enrolled in the USNH 403(b) Retirement Plan, the University System of New Hampshire shall provide retirement options as described in USNH benefit policy, summarized below: 5.1. Contribution levels for those enrolled in retirement plans on or after July 1, 2011:1

Retirement Savings Plan. All employees who made the one-time election, or began employment on or after July 1, 2005, are limited to Option #2. The purpose of the Retirement Savings Plan is to encourage employees to develop a financial plan for their future by providing money, which would otherwise have been available at retirement, for investment during the course of employment with the District.

Retirement Savings Plan. The University System of New Hampshire offers eligible Lecturer Faculty members the opportunity to participate in a 403(b) voluntary defined contribution retirement plan. The Summary of Plan Provisions describes plan information, including but not limited to eligibility, enrollment, contribution levels, vesting (including breaks in service), beneficiaries, withdrawals, involuntary termination, additional retirement contributions, and annual limits. The Plan is subject to federal laws, such as the Internal Revenue Code (IRS) and other federal and state laws. The provisions of the Plan are subject to revision due to changes in laws or to pronouncement(s) by the IRS.

Retirement Savings Plan. 32.01 For all employees hired after December 13, 2007, the RRSP contribution specified in this section shall be available only to full time employees as defined in Appendix A-1.

Retirement Savings Plan. A-4.01 The Employer shall provide for and administer payroll deductions for any employee who wishes to participate in the United food and Commercial Workers Union, Local No. 832, Group Retirement Savings Plan.

Retirement Savings Plan. The Board will allow the employees to voluntarily participate in a retirement plan. The employees utilizing the program will bear the cost of participation and contribution.