Pension program definition
Examples of Pension program in a sentence
The Employer agrees to make available its pension plan to eligible employees in accordance with the Employer’s Pension program as implemented by the Employer and as amended from time to time.
Employees hired on or after 7/1/98 shall participate in the Defined Contribution (DC) Pension program.
The Township shall adopt and institute in Year 2009 a three (3) year DROP Pension program as described in Exhibit A of this agreement.
Seniority shall be terminated for any one (1) of the following reasons: If the employee voluntarily leaves the employ of the Company: If the employee is discharged for just cause and is not reinstated: Retirement under any provision of the Pension program: Absence beyond five (5) working days without properly notifying the Company; then the employee will have been considered to have quit voluntarily, unless circumstances acceptable to the Company prevent such notification.
Prior to the Closing Date, the Sellers shall take whatever action is necessary to terminate its Simplified Employee Pension program.