Superannuation Buy-Back. Subject to the rules of the Pension Corporation, the Municipality agrees to participate in such contributions as are necessary to extend pensionable service of a member covered by this Agreement up to a maximum of ONE (1)
Superannuation Buy-Back. (a) It is understood by the parties to this collective agreement that this provision applies only to sworn members and only to that probationary period which has been served with the Oak Bay Police Board. Subject always to the qualifying provision contained in the Public Sector Pension Plan Act the Employer agrees to participate as to ½ (one-half) the costs as are necessary to extend pensionable service of eligible members covered by this Agreement up to a maximum of twelve (12) months, which extension represents time served by the member in a probationary capacity which has not heretofore been considered as pension service. Such benefit shall be subject to the following:
Superannuation Buy-Back. An employee may elect to buy back both the employee’s and the Employer’s portions of Superannuation coverage back to their start date. The employee may elect to make payments to Superannuation through payroll deductions. March 1999
Superannuation Buy-Back. (a) It is understood by the parties to this collective agreement that this provision applies only to that probationary period which has been served with the Employer. Subject always to the qualifying provision contained in section 9.1 of the Pension (Municipal) Act the Employer agrees to participate in such contributions as are necessary to extend pensionable service of eligible employees covered by this Agreement up to a maximum of six (6) months, which extension represents time served by the employee in a probationary capacity which has not heretofore been considered as pensionable service. Such benefit shall be subject to the following:
Superannuation Buy-Back. An employee who prior to April 1st, 2007 had purchased from the Municipal Pension Plan the time served by the employee in a probationary period with the City (which had not before been considered as pensionable service) shall be reimbursed fifty percent (50%) of the purchase cost by the City upon the employee producing the receipt and provided the employee has reached the minimum retirement age.
Superannuation Buy-Back. 15:01 Subject always to the qualifying provision contained in Section 9 (1) of the Pension (Municipal) Act, the Employer agrees to participate in such contributions as are necessary to extend pensionable service of eligible employees covered by this Agreement up to a maximum of six (6) months, which extension represents time served by the employee in a probationary capacity which has not heretofore been considered as pensionable service. Such benefit shall be subject to the following:
Superannuation Buy-Back. Provision Subject to the qualifying provision contained in Section 9(1) of the Pension (Municipal) Act, the City agrees to participate in such contributions as are necessary to extend pensionable service of an employee covered by this Agreement up to a maximum of one
