AND RETIREMENT Sample Clauses

AND RETIREMENT. It is recognized for this Article seniority will be based upon date of hire. Provided that there remain on the job employees who have the ability and qualifications as required by law to perform the work, the Employer shall first lay-off probationary employees, and if further layoffs are necessary, lay-off employees in the reverse order of their seniority within their classification within the bargaining unit. An employee receiving layoff notice may:
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AND RETIREMENT. The parties hereby agree that the Region will provide the following employee benefit program with premiums payable by the Region, except as noted, to all full-time
Sample 1
AND RETIREMENT. All members shall participate in the final average earnings basic pension plan under the Ontario Municipal Employees Retirement System The Board and each member shall contribute the amount required under the legislation and regulations. The parties agree that no member retire later than age sixty (60). The Basic and Types I and Plans shall be administered consistent with the Rules and Regulations of the Pension Plan. Any member of the Service may establish credited service in the existing pension provisions for all or part of active military service in His or Her Majesty's military, naval or air forces in World War or the Korean War, in accordance with the provisions of the Ontario Municipal Employees Retirement System Act and Regulations; the application for such credited military service will be in accordance with the provisions of the Ontario Municipal Employees Retirement System Act and Regulations. On the condition that "past service" (as defined below) can be treated as credited service under and on the condition that there is no cost whatsoever to the Board or the Regional Municipality in the member purchasing such past service, the Board agrees to endeavour to obtain from for those members applying within time limits and pursuant to procedures established by or the supplemental optional service coverage for a member's past service as follows:
Sample 1
AND RETIREMENT. The Employer shall maintain the Group Life Insurance Plan, or a Plan providing at least equal benefits, in effect the time of the signing of this Agreement during the life of Agreement for full-time employees who have completed their probationary period. Such are participate in The Globe and Mail Group Plan. An employee may coverage or equal to and one-half his annual base rate his annual salary at base rate. The Company will pay the cost of the first of coverage. For coverage in of the employee pay of the premium cost per thousand dollars of insurance and the Company shall pay the balance. The Canadian Newspapers Bargaining and Hourly Employees' Retirement Plan The Globe and Mail Division providing a retirement program for employees now by this Agreement shall be continued by the Employer during the life of this Agreement. The Employer agrees to during the of the Agreement payment of the Employer's matching contribution to Canada Pension Plan without requiring reduction in Canadian Newspapers Bargaining and Hourly Retirement Plan The Globe and Mail Division.
Sample 1
AND RETIREMENT. The normal retirement age shall be sixty-five (65). In exceptional circumstances, the Chief Administrative Officer may, in the interest of the City, recommend to the Council for approval, extension of the retirement age provided that not more than one (1) year extension shall be granted at any one time, and that in no case shall any extension be granted beyond the employee's seventieth (70th) birthday. All employees shall participate in the Pension Plan in accordance with the rules of that plan. All costs of the Pension Plan premiums are to be shared equally on a basis. NOTICE OF LAYOFF Notice of termination will be given in accordance with the most current Employment Standards Act. A regular employee may be discharged only for just cause, and only with the authority of the Chief Administrative Officer. The Department Head may suspend an employee for periods of one (I) day or more and shall report such action, and the reason therefore, to the Chief Administrative as quickly as possible. The immediate Supervisor may suspend any employee for a period of up to one (1) day on any one occasion and such suspension shall be duly reported to the Department Head. When an employee is warned, suspended or discharged he shall be given the in the presence of his Xxxxxxx. The affected employee and the Union Local shall be subsequently writing of the for such warning, suspension or dismissal "as promptly as possible". An employee considered by the Union to be wrongfully or unjustly discharged or suspended shall be entitled to a hearing under ARTICLE GRIEVANCE PROCEDURE. STEPS and of the Grievance Procedure shall be omitted in such cases. The Corporation shall notify permanent employees in writing, who are to be laid off, ten working days before the layoff is to be effective. If the employee laid off has not had the opportunity to work ten full days notice of layoff, shall be paid in lieu of work for that part of the ten days during which work has not been made available.
Sample 1
AND RETIREMENT. Subject to clause every full-time member in the "Permanent Service" class of members shall be covered by the provision of By-law No. of the City of Toronto and amendments thereto, being a by-law "to provide pensions for employees, their spouses and children, of the City of Toronto and other participating employers". It is understood and agreed that to the extent that the Ontario Municipal Employees Retirement System is by statute applicable to any member of the Force, the By-law No. shall not be applicable to such member. Every member shall be retired upon attaining the age of seventy years, such retirement to be effective on the last day of the month in which the seventieth birthday of such member occurs. The Board has placed One Hundred Thousand Dollars in a fund to be administered by the Trustees of the Toronto Police Benefit Fund as set out in the Memorandum of Understanding dated May The Trustees will continue to determine the rules and regulations of the Fund, but the objectives will be to provide a supplement to existing governmental payments and pension plan payments Toronto Police Benefit Fund, Toronto Pension Plan) due to such dependents on the member's death, so that the disposable after tax income of the surviving dependents will be approximately one hundred per cent of the disposable after tax income of the deceased member, based on the salary for the deceased member at the time the payments are made. For this purpose salary shall include the premium costs of the Ontario Health Insurance Plan the and Comprehensive Medical Plans and the Dental Plan. The Trustees will continue to have the right to adjust the amount depending on the circumstances of the individual case from time to time. The adequacy of the Fund will be reviewed from time to time.
Sample 1
AND RETIREMENT. PENSION Employees eligible pursuant to the Ontario Municipal Employees Retirement System Act shall be enrolled in the pension from the date of eligible employment. NORMAL DATE Notwithstanding Article each employee shall be retired upon attaining the age of sixty-five years, such retirement to be effective upon the last day of the month in which the sixty-fifth birthday of such employee occurs.
Sample 1
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Related to AND RETIREMENT

  • PENSIONS AND RETIREMENT 13.01(a) All employees enrolled in the Ontario Municipal Retirement System (OMERS) as of January 1, 1998, shall continue to participate in the OMERS plan.

  • INSURANCE AND RETIREMENT Each teacher shall be entitled to fringe benefits provided by this agreement and by federal regulations provided by Cobra (Consolidated Omnibus Budget Reconciliation Act of 1985). These shall include but not be limited to the following:

  • EMPLOYMENT OF RETIRED TEACHERS A. For purposes of salary schedule placement, a retired Teacher will be granted a maximum of ten (10) years’ service credit and their educational attainment. A retired Teacher may not advance beyond Level 10 on the salary schedule.

  • Resignation and Retirement Any Trustee may resign his trust or retire as a Trustee, by written instrument signed by him and delivered to the other Trustees or to any officer of the Trust, and such resignation or retirement shall take effect upon such delivery or upon such later date as is specified in such instrument.

  • Severance and Retirement Options (a) (i) Where an employee resigns within 30 days after receiving notice of layoff pursuant to article 14.02 (a)(ii) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks' salary for each year of continuous service to a maximum of sixteen (16) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars.

  • Post-Retirement Employment Unit members who retire from the University during the term of this Agreement may propose a post-retirement appointment of up to three years duration. During this post-retirement appointment, the total of retirement benefits and post-retirement salary paid by the University shall not exceed the salary paid at the time of retirement. The annual compensation received from the University for the post-retirement appointment shall not exceed fifty (50) percent of the annual salary at the time of retirement. The duties for a post-retirement appointment shall be defined and agreed to in writing by the bargaining unit member and the Employer/University Administration prior to the bargaining unit member's retirement. Such appointments are at the discretion of the Employer/University Administration and are subject to existing law and all rules and regulations of the State Retirement Board. The decision of the Employer/University Administration not to approve a proposal for a post-retirement appointment shall not be grievable under the Grievance and Arbitration Procedure, Article 7.

  • Pre-Retirement Leave An employee scheduled to retire and to receive a superannuation allowance under the applicable Superannuation Act(s), or who has reached the mandatory retiring age, shall be entitled to:

  • Re-employment After Retirement Employees who have reached retirement age as prescribed under the Pension (Municipal) Act and continue in the Employer's service, or are re-engaged within three (3) calendar months of retirement, shall continue at their former increment step in the pay rate structure of the classification in which they are employed, and the employee's previous anniversary date shall be maintained. All perquisites earned up to the date of retirement shall be continued or reinstated.

  • Deferred Retirement a. An employee who, upon separation from County service, is eligible for paid retirement and elects deferred retirement must defer participation in the Grant until such time as he or she becomes an active retiree.

  • Non-Vested Retirement Gratuity for Teachers 1. The minimum years of service for retirement gratuity shall be defined as the lesser of the contractual minimal service requirement in the 2008-2012 collective agreement, or ten (10) years.

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