Credit Service. Executive’s past years of service with Cytyc Corporation shall be credited when determining his years of service under any and all Cytyc (or any applicable Hologic) benefit and retirement plans. Upon commencement of Executive’s employment with the Company, he will be eligible to participate in all of the Company’s benefits, pension plans and perquisites commensurate with that of other executives on his level. Based on Executive’s prior years of service with Cytyc Corporation, Executive will be automatically vested in the retirement plan at the time he commences employment with the Company.
Credit Service. Amend Article of Pension Plan credited service to provide that credited service shall include all time spent in receipt of sickness and accident benefits up to forty (40) hours per week and up to one thousand and seven hun- dred (1,700) hours in a year, provided the employee has compensated hours in that year of at least one hundred and seventy (170) hours. Credited service shall include all time spent in receipt of benefits from a compensable injury (not exceeding forty (40) hours per week and up to one thousand and seven hundred (1 700) hours in a year, until the employee receives an (non economic loss) benefit. However, the maximum amount of such credited service will not exceed two (2) years. TRANSITIONAL SURVIVOR In the event of the death of an employee who is on the seniority list and who is vested, his sur- viving spouse shall receive sixty-five percent (65%) of employee’s accrued pension bene- fit at the time of death, assuming his retirement at age fifty-five payable when said MEMORANDUM employee would have reached the age of fifty- five In the event of the death of an active employee with ten (10) or more years of seniority, the spouse and eligible dependents will be covered by all benefits as set out in Article of the Collective Agreement until the spouse remarries or no longer requires the coverage, whichever is earlier. Said spouse and dependents will be required to verify their entitlement to receive these benefits at least once per year.
Credit Service. The Bank shall transfer the funds to the designated Account immediately after the incoming payments are credited to the Payer ID numbers or asynchronously after the incoming payments are credited to the Virtual Accounts. 입금서비스: 은행이 이용자의 Payer ID 번호로 입금된 자금 또는 이용자에게 부여된 협력은행의 가상계좌로 입금된 자금을 이용자가 지정한 모계좌에 당일 중에 이체하는 거래 제 3 조 (서비스 이용절차 및 방법)
Credit Service. Amend Article of Pension Plan credited service to provide that credited service shall include all time spent in receipt of sickness and accident benefits up to forty (40) hours per week, and up to one thousand and seven hundred (1,700) hours in a year provided the employee has compensated hours in that year of at least one hundred and seventy (170) hours. TRANSITIONAL SURVIVOR BENEFITS In the event of the death of an employee, who is on the seniority list and who is vested, his surviving spouse shall receive percent (65%) of the employees accrued pension benefit at the time of death, assum- ing his retirement at age payable when said employee would have reached the age of (55). In the event of the death of an active employ- ee with ten (10) or more years of seniority, the spouse and eligible dependents will be covered by all benefits as set out in Article of the Collective Agreement until the spouse remarries or no longer requires the coverage, whichever is earlier. Said spouse and dependents will be required to verify their entitlement to receive these benefits at least once per year.
Credit Service. Amend Article of service to provide that include all time spent and accident week and up to one (1,700) hours in a year, provided the has compensated that hundred and seventy Credited service in receipt of benefits from a compensable injury (not economic loss) benefit However. the maximum of such will not SURVIVOR Io the event of of an who is on the seniority list and who is his surviving spouse shall receive sixty-five percent (65%) of the employe's accrued pension benefit at the time of death, his retirement at age fifty-five payable when said employee would have reached the age of fifty-five In the of the death of an active with (10) or of seniority. the spouse and eligible dependents be by drug benefits as set Out in of the Agreement until the spouse or no longer the whichever is earlier. Spouse and eligible dependents will be covered by dental set out in until spouse or no longer requires to a of years from the date of death. Said spouse and dependents will be to verify their entitlement to receive these benefits at once per year.
Credit Service. Amend Article of Pension Plan credited service to provide that credited service shall include all time spent in receipt of sickness and accident benefits up to forty (40) per week and up to one thousand and seven hundred (1,700) hours in a year, provided the employee has compensated hours in that year of at least one hundred and seventy (170) hours. Credited service shall include all time spent in receipt of benefits from a compensable injury (not exceeding forty hours per week and up to one thousand and seven hundred (1700) hours in a year, until the employee receives an (non economic loss) benefit. However, the maxi- mum amount of such credited service will not exceed two (2) years. TRANSITIONAL SURVIVOR BENEFITS In the event of the death of an employee who is on the seniority list and who is vested, his surviv- ing spouse shall receive percent of the employee’s accrued pension benefit at the time of death, assuming his retirement at age fifty-five payable when said employee would have reached the age of fifty-five (55). In the event of the death an active employee with ten or more years of seniority, the spouse and eligible dependents will he covered by all benefits as set out in Article of the Collective Agreement until the spouse or no longer requires the coverage, whichever is earlier. Said spouse and dependents will be required to verify their entitlement to receive these benefits at least once per year.
Credit Service. Where the term "past credited service" is used in this document, it shall mean the total elapsed time for which an employee was covered under the Pension Plan for which contributions have been make and were not refunded up to and including December 31, 1974. Except to calculate years of credited service for the purposes of paragraph 8 and 9 of this Pension Plan, when the term "future credited service" is used in this document, it shall mean service during the period from on and after January 1, 1975 up to and including June 30, 1987, by an employee who has become eligible as defined in Section 3 above. In calculating years of credited service for the purposes of paragraph 8 and 9 of this plan, future credited service will be recognized on and after July 1, 1987, provided the cost of the additional benefits related to recognition of future credited service on and after July, 1987 is not prohibitively expensive. If the cost is prohibitively expensive, the Employer will meet with the Union to discuss this aspect of paragraphs 8 and 9 of the plan. Future credited service shall be computed for each calendar year on the basis of on-tenth (1/10) of a year's credited service for each one hundred and eighty (180) hours actually worked on for which wages have been paid. It is understood that wages shall mean actual earnings for work performed and vacation pay, payment for any leave of absence such as, for example, jury duty, bereavement pay, payment for statutory holidays, call-in pay and any period for which an employee is absent from work and in receipt of Workers' Compensation or Weekly Indemnity payments, Earned credits in any calendar year shall in no case exceed on (1) year of credited service and shall be calculated to the nearest one-tenth (1/10) year of credited service. Employees who are or become totally or permanently disabled and qualify for benefits under the insured Long Term Disability Plan shall continue to accrue future credited service and pension credits at the rate of pension accrual in effect at the commencement of Long Term Disability payments with service computed as outlined in the previous paragraph. Such credits shall continue and Long Term Disability payments will only be made until he recovers, dies, or attains his normal retirement date and retires under the Plan.
Credit Service. For employees transferring from part‐time to full‐time status, the new employee waiting period should apply: □ Retroactive to the original date of hire or □ Beginning on the date transferred to full‐time status Do you wish to include non‐state registered domestic partners for coverage? □ Yes □ No Group Insurance Trust Monthly Premium Payments: Detailed monthly billing statements for the next month’s premium are sent out to all companies before the end of each month. The Trust’s “Contractual” PAYMENT DUE DATE is the first day of the billed month. In order to maintain CURRENT ELIGIBILITY for employees, full payment must be received by the Trust on or before the 1st day of the billed month. A company’s eligibility for the month will be DELINQUENT if full payment is not received by the 1st. DELINQUENT ELIGIBILITY STATUS results in claim payment delays, and other difficulties involving employees, their providers and carriers. If full payment for the month is not received within 30 days of the PAYMENT DUE DATE, company will be RETROACTIVELY CANCELLED back to the last day of the month in which full monthly payment was received. Partial payments will be refunded. Payments returned to EPK & Associates (non‐sufficient funds, stop payments etc) must be replaced with guaranteed funds, ie cash, money order or cashier’s check, before the expiration of the 30 day grace period. A $20 fee will be assessed on all returned drafts.
