BENEFIT AND PENSION PLANS. 19.01 The Employer shall continue providing the group benefit plans provided to Employees at the date of signing this Agreement. The Employer and the Employee shall be bound by the provisions of these plans in accordance with the provisions of the applicable plan text as amended from time to time.
BENEFIT AND PENSION PLANS. 6.01 Effective May 1, 2022, Employers shall contribute in total Ten Dollars and Ninety-Two Cents ($10.92) per hour earned to the International Union of Operating Engineers, Local 793 Members Life and Health Benefit Trust of Ontario (the "Health Plan") and to the International Union of Operating Engineers, Local 793 Members Pension Benefit Trust of Ontario (the "Pension Plan") for each hour earned by each employee in their employ. Effective May 1, 2023, Employers shall contribute in total Ten Dollars and Ninety-Two Cents ($10.92) per hour. Effective May 1, 2024, Employers shall contribute in total Eleven Dollars and Two Cents ($11.02) per hour. SCHEDULE “J” This is Schedule “J” to a Collective Agreement between the Utility Contractors’ Association of Ontario Incorporated and the International Union of Operating Engineers, Local 793. This Schedule applies to work: In all other areas of the Province of Ontario not covered by a Schedule All terms and conditions of the Master Portion apply unless specifically modified by the terms and conditions of this Schedule.
BENEFIT AND PENSION PLANS. 11.01 Except as provided in Article XIII the Benefit and Pension Plans listed below shall be available to employees covered in this Agreement. Any proposed changes in coverage or costs to members of the Union will be discussed with the Union and will only be made with the approval of the Union:
BENEFIT AND PENSION PLANS. It shall comply with all Applicable Laws in respect of its employees' benefit and pension plans, including, but not limited to, payment of all contributions and premiums to be paid thereunder, and it shall ensure that all premiums and payments relating to employee benefits and pensions are paid as due.
BENEFIT AND PENSION PLANS. 8.01 (a) For Board Areas 8 & 9, Eleven Dollars and Twenty-One Cents ($11.21) per hour to the International Union of Operating Engineers, Local 793 Members Life and Health Benefit Trust of Ontario (the “Health Plan”) and to the International Union of Operating Engineers, Local 793 Members Pension Benefit Trust of Ontario (the “Pension Plan”) for each hour earned by each employee in his employ. It is agreed that Employers shall make a single monthly payment to an independent administrator appointed by the Trustees of the Health Plan and the Pension Plan for contributions owing to the two plans. The administrator shall be responsible for ensuring that the contributions are allocated and made on behalf of each Employer and employee to the Health Plan and the Pension Plan, as set out in Schedule “B”. Effective May 1st, 2014, the total Employer contributions of Eleven Dollars and Twenty-One Cents ($11.21) per hour shall increase to Eleven Dollars and Fifty-Five Cents ($11.55) per hour. Effective May 1st, 2015, the total Employer contributions of Eleven Dollars and Fifty-Five Cents ($11.55) per hour shall increase to Eleven Dollars and Eighty-Eight Cents ($11.88) per hour.
BENEFIT AND PENSION PLANS. 20.01 Benefit and pension plans are set out in Schedule "B" attached to this agreement.
BENEFIT AND PENSION PLANS. Schedule 3.12 sets forth all Canadian Benefit Plans and Canadian Pension Plans adopted by each Loan Party. The Canadian Pension Plans are duly registered under the ITA and all other Applicable Laws which require registration and no event has occurred which is reasonably likely to cause the loss of such registered status. All material obligations of each Loan Party (including fiduciary, funding, investment and administration obligations) required to be performed in connection with the Canadian Pension Plans and the funding agreements therefor have been performed in a timely fashion. There have been no improper withdrawals or applications of the assets of the Canadian Pension Plans or the Canadian Benefit Plans. There are no outstanding disputes concerning the assets held under the funding agreements for the Canadian Pension Plans or the Canadian Benefit Plans. Each of the Canadian Pension Plans is fully funded both on an ongoing basis and on a solvency basis (using actuarial methods and assumptions which are consistent with the valuations last filed with the applicable Governmental Bodies and which are consistent with generally accepted actuarial principles). No promises of benefit improvements under the Canadian Pension Plans or the Canadian Benefit Plans have been made except where such improvement could not have a Material Adverse Effect and in any event no such improvements will result in a solvency deficiency or going concern unfunded liability in the affected Canadian Pension Plans. All contributions or premiums required to be made or paid by each Loan Party to the Canadian Pension Plans or the Canadian Benefit Plans have been made or paid in a timely fashion in accordance with the terms of such plans and all Applicable Laws. All employee contributions to the Canadian Pension Plans or the Canadian Benefit Plans by way of authorized payroll deduction or otherwise have been properly withheld or collected by each Loan Party and fully paid into such plans in a timely manner. The pension fund under each Canadian Pension Plan is exempt from the payment of any income tax and there are no taxes, penalties or interest owing in respect of any such pension fund. All material reports and disclosures relating to the Canadian Pension Plans required by such plans and any Applicable Laws to be filed or distributed have been filed or distributed in a timely manner. None of the Loan Parties is a party to, employs any employees who are participants in, or has taken any ...
BENEFIT AND PENSION PLANS. The Amcare Limited Group Personal Pension Plan and the personal pension arrangements for Xxxxxxx Xxxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxx Xxxxxx, Xxxxx Xxxxxxx, Xxxxxxx Xxxxxx, Xxxxxxx Xxxxxxxx and Xxxxx Xxxxxxx (collectively, the "Benefit Schemes") are the only schemes to which any of the Group Companies make, or could become liable to make, payments for providing retirement, death, disability or life assurance benefits. The Amcare Limited Group Personal Pension Plan is an approved personal pension scheme within the meaning of Chapter IV of Part XIV of the Income and Corporation Taxes Xxx 0000. The Amcare Limited Group Personal Pension Plan is an appropriate pension scheme for contracting-out purposes. None of the Group Companies have ever undertaken, and there is no obligation under the Benefit Schemes, to provide a minimum level of benefits or any defined level of benefits in respect of any Person. All amounts due to the Benefit Schemes have been paid. To the knowledge of TW UK, all taxes and expenses relating to the Benefit Schemes and payable by the Group Companies have been paid. To the knowledge of TW UK, there is no dispute about the benefits payable to Relevant Employees or Former Employees of the Group Companies under the Benefit Schemes, no claim by or against the Benefit Scheme's administrators or the Group Companies has been made.
BENEFIT AND PENSION PLANS. The Company's benefit and pension plans are fully insured or otherwise funded in accordance with Applicable Law and all premiums and other payments due by the Company under its benefit and pension plans have been fully paid and all benefits and pension payments due under its benefit and pension plans have been paid. No Pension Plan that is subject to ERISA has incurred any "accumulated funding deficiency" within the meaning of section 302 of ERISA or section 412 of the Code and no Pension Plan that is subject to ERISA has applied for or received a waiver of the minimum funding standards imposed by section 412 of the Code. No Pension Plan that is subject to ERISA has been involved in any transaction that (A) violates the fiduciary requirements of section 404 of ERISA or 59
BENEFIT AND PENSION PLANS. Its benefit and pension plans are fully insured or otherwise funded in accordance with Applicable Law and all premiums and other payments due by it under its benefit and pension plans have been fully paid and all benefits and pension payments due under its benefit and pension plans have been paid. No Pension Plan that is subject to ERISA has incurred any "accumulated funding deficiency" within the meaning of Section 302 of ERISA or Section 412 of the Internal Revenue Code of the United States and no Pension Plan that is subject to ERISA has applied for or received a waiver of the minimum funding standards imposed by section 412 of such Internal Revenue Code. No Pension Plan that is subject to ERISA has been involved in any transaction that (A) violates the fiduciary requirements of Section 404 of ERISA or (B) is a "prohibited transaction" within the meaning of Section 406(a) or 406(b) of ERISA or Section 4975(c) of such Internal Revenue Code.
