UPP definition
Examples of UPP in a sentence
Effective on the UPP Accrual Date for retirements occurring on and after the UPP Accrual Date, the QPP legacy provisions under the UPP shall be amended to provide for unreduced early retirement applicable to the Minimum Guarantee Benefit under the QPP earned prior to the UPP Accrual Date if a QPP member has both attained age 60 and has at least 80 age plus continuous service points on their retirement under the UPP.
UPP Members shall commence accruing pensionable service under and making contributions to the UPP in accordance with the terms of the UPP and shall no longer accrue pensionable service under, make contributions to, or have any entitlements or rights under the QPP and the QPP shall, as of the UPP Accrual Date, cease to exist as a separate pension plan.
Acknowledgement that the terms and conditions of the UPP are not subject to collective bargaining, save and except for mutual agreement in writing to withdraw from the UPP pursuant to and in accordance with the terms and conditions of the UPP, including any notice provisions, for doing so.
An employee’s selection of the UPP retirement program, once made, is irrevocable; the employee must remain in that retirement program for the duration of his/her employment at OHSU, including periods of reemployment.
Sometimes, either University staff, UPP staff or approved external contractors need to access buildings to carry out essential or emergency repairs.
The Union will consent on behalf of all employees in the bargaining unit covered by the Collective Agreement to the conversion of the Plan to the UPP under section 80.4 of the Pension Benefits Act, including transfer of the Plan’s assets and liabilities to the UPP, and will support the position of the University in its application, when made, for the approval of such conversion and transfer.
University Pension Plan (UPP) & the Retirement Pension Plan It is recognized that discussions are underway with respect to the UPP (University Pension Plan) initiative with the objective of forming a multi-employer JSPP (Jointly Sponsored Pension Plan), within the sector.
This one time adjustment will be fully conditional upon the conversion of the Plan to the UPP.
You agree to promptly report any necessary repairs using the online maintenance defect reporting system at: ▇▇▇.▇▇▇▇.▇▇.▇▇/▇▇▇▇▇▇▇▇▇▇▇▇▇/▇▇▇▇▇▇▇▇▇▇/▇▇▇▇▇▇-▇▇-▇▇▇▇▇▇#▇▇▇▇▇▇-▇▇▇▇▇▇▇ The maintenance of University buildings is carried out by University Estates and Maintenance or UPP (University Partnerships Programme) staff in Keynes College Flats and Houses, Turing and ▇▇▇▇▇ Colleges.
In addition, effective on the UPP Accrual Date, bargaining unit members who were at the maximum of their Grade on June 30, 2021 will receive a one-time lump sum payment equivalent to 1.8% of their base salary as at the UPP Accrual date.