Benefit Supplement. Employees may be allowed to utilize accrued sick leave or vacation leave to provide for an extension of Health & Welfare benefits for up to one (1) year when on leave without pay due to an illness or injury.
Benefit Supplement. In consideration of the promises made by ECOLAB herein, at the end of the TERM OF EMPLOYMENT, or as otherwise specified below, XXXXXXXXX shall be entitled to the following benefits, and correspondingly participation in all other perquisites and employee benefit programs of ECOLAB shall cease except insofar as the terms and provisions of any benefit program then provided for post-employment continuation in such plan:
Benefit Supplement. Upon retirement, each eligible participant shall receive a lump-sum payment of $25,000 (which is not to be included in the calculation of the participants' earnings for any purpose under this Plan or the Collective Bargaining Agreement) in addition to the retirement allowance payable under Section 7(a) of this Appendix A. Annex A Actuarial Assumptions This Annex A lists the Actuarial Assumptions applicable to the Plan. This Annex is intended to be incorporated by reference into and made a part of the Plan. Factors Used to Calculate Actuarial Equivalents: Interest rate: 7�% Cost of living adjustment: 5% Healthy mortality table: UP-1984 Table set forward one year for males UP-1984 Table set backward four years for females Disabled mortality table: 1985 Disabled Life Mortality Table for males and females blended from ages 40 through 80 into the UP-1984 (from ages 40 through 90 for females) Percent male: 85% Percent female: 15% Table construction: Healthy and disabled mortality rates are equal to 85% of the male rate plus 15% of the female rate for any given age. APPENDIX B BUS MAINTENANCE RESTRUCTURING AGREEMENT
Benefit Supplement. Effective April 1, 2005, the parties agreed that a portion of the one (1%) percent benefit supplement will be used for the purpose of enhancing the members’ LTD Plan. The parties identified that the LTD Plan required an increase to contributions in the amount of 0.7%. An increase of 0.7% (bringing the total contribution to 2.3%) has been paid into the LTD Plan effective April 1, 2005. The remaining 0.3% is paid into the Education and Training Fund (or other fund as determined by St. Boniface Hospital management and UFCW Local 1869 Executive Board) on an annual basis.
Benefit Supplement. 1. The full benefit for the Employee shall be in the annual sum of ____________ Thousand Dollars ($__,000) for a period of 15 years.
