Common use of The Pension Plan Clause in Contracts

The Pension Plan. The parties agree that the pension plan for Members of the Bargaining Unit is the Retirement Plan for the Staff of Laurentian University of Sudbury and its Federated and Affiliated Colleges (1975), hereinafter called the Plan. The parties further agree that both the Employer and Members shall continue to be bound by the modified terms and conditions of the Plan if such terms and conditions are modified by the Principal Employer (Laurentian University of Sudbury). Should the Plan contradict any terms and conditions stated within this Article, then the terms and conditions of the Plan shall prevail and the contradictory provisions of this Article shall be null and void.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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