SUPPLEMENTARY PENSION BENEFITS Sample Clauses

SUPPLEMENTARY PENSION BENEFITS. 20.01 Every full-time member, on completion of his/her probationary period, shall join the Ontario Municipal Employees Retirement System. All others who meet the eligibility criteria as outlined in the Pension Benefits Act (PBA) will be given the option to join. The Board agrees to provide and subsidize if necessary the following pension supplements:
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SUPPLEMENTARY PENSION BENEFITS. (a) A supplementary pension of $18.00 for each year of credited service up to 30 shall be payable until the month following the month the employee attains age 65, in addition to the monthly basic pension payable to an employee retired pursuant to Sections 1, 2 (except an employee retired under Subsection 2(a)(4) or with 30 years or more of credited service) and 3 of this Article I, reduced by the estimated statutory benefit.
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SUPPLEMENTARY PENSION BENEFITS. The provisions of the supplementary benefits under our pension plan, shall be analyzed for the purpose of costing. Such analysis shall be reviewed with the Union Executive.
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SUPPLEMENTARY PENSION BENEFITS. Civilian Members The Board agrees to provide and subsidize if necessary the following pension supplements:
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SUPPLEMENTARY PENSION BENEFITS. The provisions of the supplementary benefits under our pension plan, shall be analyzed for the purpose of costing. Such analysis shall be reviewed with the Union Executive. ARTICLE EMPLOYEE BENEFIT PLANS I HOSPITAL, MEDICAL, DENTAL AND LIFE INSURANCE PLAN The Employer shall pay of the premium cost for the following plans: I Ontario Health Insurance Plan London Life Major Medical Plan presently in effect Effective Xxxxx Xxxxxx Life major medical plan including semi-private coverage deductible and co-insurance. calendar Effective January the maximum vision care benefit to an employee and will be in any consecutive months. Group Life Insurance Plan which shall be twenty-five thousand ($25,000.00) dollars plus the other provisions of the policy, including a benefit of twelve thousand five hundred ($12,500.00) dollars paid-up policy at normal retirement. The plan will also provide for dependent coverage in the amounts of for spouse and for dependent chi Dental Plan equivalent to Blue Cross with a three-year lag on the fee schedule i.e.
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SUPPLEMENTARY PENSION BENEFITS. ‌ The employer provides the employee with a supplementary pension benefit calculated on the basis of the salary paid and annual leave paid in cash in accordance with the rules of the SAF- LO collective pension agreement. The supplementary pension benefits are paid by the employer to the pension and insurance broker FORA. The pension funds are managed in accordance with the rules of the SAF-LO collective pension agreement. The employer is responsible for the payroll tax on the amount paid in at any given time.
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SUPPLEMENTARY PENSION BENEFITS. The Board agrees provide and subsidize if necessary the following pension supplements:
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Related to SUPPLEMENTARY PENSION BENEFITS

  • Pension Benefits Each party reserves the right to retain as his or her sole and absolute separate property, the entire interest in pension benefits now vested, or that become vested in the future, and the right to manage, control, transfer, and convey all such property and dispose of the same by will, beneficiary designation or otherwise, without any interference from the other. The parties acknowledge that this Agreement shall constitute an effective waiver of any rights in the other's pension benefit plans. Furthermore, each party agrees to execute whatever additional waiver document may be necessary or useful to confirm such waiver of rights to the other party's pension benefit plans.

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one) ☐ - DO NOT have retirement plans. ☐ - HAVE retirement plans. The Couple has the following retirement plans: (“Retirement Plans”). Upon signing this Agreement, the Retirement Plans shall be owned by: (check one) ☐ - Husband ☐ - Wife ☐ - Both Spouses ☐ - Other. .

  • Superannuation Benefits (a) An employer may make an application to the Commission for relief from the obligation to make severance payments in circumstances where:

  • Supplemental Benefits The employer shall maintain a “Supplemental Unemployment Benefits Plan” pursuant to the Employment Insurance Act and Regulations. The employer shall make amendments as appropriate to ensure that the Plan provides the maximum permissible benefits in conjunction with Article 17.03.

  • ' COMPENSATION BENEFITS In accordance with Section 142 of the State Finance Law, this contract shall be void and of no force and effect unless the Contractor shall provide and maintain coverage during the life of this contract for the benefit of such employees as are required to be covered by the provisions of the Workers' Compensation Law.

  • Survivor Benefits 1. A surviving dependent of a retiree who was eligible to receive a Retiree Medical Grant, as stated above in A through C, and who qualifies for a monthly allowance shall be eligible for fifty (50) percent of the Grant authorized for the retiree.

  • Defined Benefit Pension Plan 1. The Employer and the Union hereby agree to the continuation of the existing Northern California Glaziers, Architectural Metal and Glass Workers Pension Trust Agreement ("Defined Benefit Pension Trust").

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

  • Death Benefits Upon the Executive's death during the Contract Period, his estate shall not be entitled to any further benefits under this Agreement.

  • Vacation Benefits During the Term, the Executive shall be eligible for 20 vacation days annually, which shall be accrued and used in accordance with the applicable policies of the Company. During the Term, the Executive shall be eligible to participate in such medical, dental and life insurance, retirement and other plans as the Company may have or establish from time to time on terms and conditions applicable to other senior executives of the Company generally. The foregoing, however, shall not be construed to require the Company to establish any such plans or to prevent the modification or termination of such plans once established.

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