Survivor Pension. The normal form of Pension for members with a spouse is Joint and Survivor. The surviving spouse of an employee who dies after becoming eligible for any form of Pension Benefit under this plan, (whether he/she is retired or still employed by the Company), shall receive a monthly pension for life equal to sixty percent (60%) of the pension which the deceased employee was receiving, or was entitled to receive, at the time of death.
Survivor Pension. The normal form of Pension for members with a spouse is Joint and Survivor. The surviving spouse of an employee who dies after becoming eligible for any form of Pension Benefit under this plan, (whether is retired or still employed by the Company), shall receive a monthly pension for life equal to sixty percent (60%) of the pension which the deceased employee was receiving, or was entitled to receive, at the time of death. At retirement the normal form of Pension for members without a spouse will be life only, guaranteeing the return of the employee’s required contributions (with interest) to normal retirement date. The Plan will permit the election by members of an optional form of pension of equivalent actuarial value. The Union Gas Pension Plan Group One shall contain provisions for members' optional contributions. The monthly pension benefit for members who retire January payable 'under the Union Gas Pension Plan Group One shall be twenty-five dollars ($25.00) multiplied by years (and fractions of a year) of service after March For employees retiring June the twenty-five dollars ($25.00) will increase to twenty-seven dollars ($27.00). For employees retiring after February the twenty-seven dollars ($27.00) will increase to thirty dollars ($30.00). For employees retiring February the thirty dollars ($30.00) will increase to thirty-three dollars ($33.00). For employees retiring after February the thirty-three dollars ($33.00) will increase to thirty-four dollars and twenty-five cents ($34.25). For employees retiring after February the four dollars and twenty-five cents ($34.25) will increase to five dollars and fifty cents ($35.50). For employees retiring and January the thirty-five dollars and cents ($35.50) will increase to thirty-seven dollars and fifty cents ($37.50). For employees retiring January the thirty-seven dollars and fifty cents ($37.50) will increase to thirty-nine dollars and fifty cents ($39.50). For employees retiring January the thirty-nine dollars and cents ($39.50) will increase to forty-one dollars and cents ($41.50). For employees retiring after January the forty-one dollars and cents ($41.50) will increase to forty-three dollars and cents ($43.50). For employees retiring after January the pension benefit will increase to forty-five dollars and fifty cents For employees retiring after January the pension benefit will increase to forty-seven dollars cents ($47.50). For employees retiring after January the pension benefit will increas...
Survivor Pension. Notwithstanding Article 14.8 (cXi) above, a member may elect any one of the options referredto in Article 14.8 (b) which includes the ten (10) or fifteen (15) year guarantee with a fifty percent (50%) Survivor Pension with the applicable actuariaJ reduction factor. It is agreed and understood that the basis for the actuarial tables, in effect on January 1st, 1993, will not be changed.
Survivor Pension. The normal form of Pension for members with a spouse is Joint and Survivor. The surviving spouse of an employee who dies after becoming eligible for any form of Pension Benefit under this plan, (whether he/she is retired or still employed by the Com- pany), shall receive a monthly pension for life equal to sixty percent of the pension which the deceased employee was receiving, or was entitled to receive, at the time of death. At retirement the normal form of Pension for members without a spouse will be life only, guaranteeing the return of the employee’s required contributions (with interest) to normal retire- ment date. The Plan will permit the election by members of an optional form of pension of equivalent actuarial value. The Group Three Pension Plan shall contain provisions for member’s optional contributions. Membership in the new plan will be restricted to Gas Ontario Inc., employees represented by the as specified in the applicable certifications with the Ontario Labour Relations Board. months When an employee retires at age sixty-two or more, the Company will continue the current amount of life insurance as stipulated in Article This amount will be reduced by five percent every twelve minimum of fifteen hundred dollars until it reaches a APPENDIX PROGRESSIONS LOCAL ET AL OPERATIONS LOCAL THUNDER BAY OPERATIONS LOCAL PORT HOPE TO CORNWALL OPERATIONS IT IS UNDERSTOOD AND AGREED: That if an Employee can in all respects meet the require- ments of the Company (including any applicable examinations) and the requirements of the Ministry of Consumer and Commer- cial Relations, Energy and Safety Branch, such Employee shall progress as follows: IQ SERVICE AND MEASUREMENT TECHNICIAN
Survivor Pension. The normal form of Pension for members with a spouse is Joint and Survivor. The surviving spouse of an employee who dies after becoming eligible for any form of Pension Benefit under this plan, (whether is retired or still employed by the Company), shall receive a monthly pension for life equal to sixty percent (60%) of the pension which the deceased employee was receiving, or was entitled to receive, at the time of death. At retirement the normal form of Pension for members without a spouse will be life only, guaranteeing the return of the employee’s required contributions (with interest) to normal retirement date. The Plan will permit the election by members of an optional form of pension of equivalent actuarial value. The Group Three Pension Plan shall contain provisions for member’s optional contributions. This provision for optional contributions will cease effective December Membership in the new plan will be restricted to Union Gas Limited, employees represented by the as specified in the applicable certifications with the Ontario Labour Relations Board. When an employee retires at age sixty-two (62) or more, the Company will continue the current amount of life insurance as stipulated in Article This amount will be reduced by twenty-five percent (25%) every twelve (12) months until it reaches a minimum of fifteen hundred dollars ($1,500.00). APPENDIX
