Retirement Pension Plan. The Company has adopted the Embarq Pension Component of the CenturyLink Combined Pension Plan (referred to herein as the R “Retirement Pension Plan”) and except as provided in Section 3 below, agrees to include Eligible Employees covered by this Agreement as Members of such Retirement Pension Plan in accordance with the Pension Agreement below. Said Pension Agreement shall be continued without modification for the life of this Agreement; provided, however, the Company (and for this purpose only, “Company” shall include Embarq Corporation) retains the right to make such changes in the Retirement Pension Plan, in its sole discretion, as may be required to obtain a ruling from the Commissioner of Internal Revenue that the Retirement Pension Plan qualified under Section 401(a) of the Internal Revenue Code of 1986, as amended from time to time, and that the Trust implementing the Retirement Pension Plan is exempt from taxation under Section 501(a) of said Code, to satisfy any applicable state or federal statute, regulation, ruling, court decision or other law applicable to said Retirement Pension Plan, or to administer said Retirement Pension Plan in an orderly and efficient manner. Except as provided in Section 3 below, any such action taken by the Company in its sole discretion with respect to the Retirement Pension Plan shall apply to all similarly situated employees of the Company in a uniform manner. The Company pays all contributions to the Retirement Pension Plan. Nothing within this Agreement shall constitute an amendment to the Retirement Pension Plan, which is subject to its terms and conditions. In the event of an inconsistency between this Agreement and the Retirement Pension Plan document, the terms of the Retirement Pension Plan document shall govern. Administration of the Embarq Pension Component of the CenturyLink Combined Pension Plan and benefit disputes are not subject to the grievance or arbitration procedure set forth in this Agreement.
Retirement Pension Plan. An employee on layoff will be counseled as to the options available to them.
Retirement Pension Plan. 1. A summary of the specifics that apply to members of this University follows:
Retirement Pension Plan. 31.1 a) The Pension Plan forms part of the Labour Agreement, a summary of the terms of which are contained in Appendix "C".
Retirement Pension Plan. Section 34.1
Retirement Pension Plan. The Employer shall provide for a retirement scheme as outlined in Appendix C.
Retirement Pension Plan. The Employer shall provide for a retirement scheme as outlined in Appendix C – Retirement Plan. Effective September 1, 2015, the Employer will be a member of the Municipal Pension Plan which will replace the current RRSP.
Retirement Pension Plan. During your employment with the Employer, you will be eligible to participate in the Company’s retirement and pension programs in effect for similarly situated executives from time to time.
Retirement Pension Plan. Each member of the Pension Plan is required to contribute to the Plan each year at the rate of six percent (6%) of your compensation to partially fund the cost of your pension benefits, effective May 1, 2008. The Company shall pay each employee six hundred dollars ($600.00) on May 1, 2008.
Retirement Pension Plan. 1) All regular employees, upon successful completion of the probationary period, shall have the option of enrolling in the Plan. Participation in the plan is voluntary. The employee must exercise the option within ninety (90) days of the plan coming into effect. Employee contributions to the Plan through payroll deduction shall be on one (1) of the following basis:
