RETIREMENT INCOME PLAN. 18.01 The Nursing Homes and Related Industries Pension Plan In this Article, the terms used shall have the meanings as described:
RETIREMENT INCOME PLAN. Each full-time employee and part-time employee having six (6) months’ of continuous service shall establish an individually vested plan with the ONA Group Registered Retirement Savings Plan. The Employer shall deduct four (4) percent of applicable wages from the employee’s pay and remit it to the credit of the employee’s individual plan, together with a matching Employer contribution.
RETIREMENT INCOME PLAN. In addition to the current formula, Ameren will provide a $5.00 per month increase to the pension benefit for each full year of pension accredited service for vested employees terminating employment on or after July 1, 2003. In the case of a vested employee terminating employment prior to his or her early retirement date, this increase will be subject to reductions for early retirement and/or survivor benefit options. In the case of a vested employee who retires directly from the Company on or after his or her early retirement date, this increase will not be subject to reductions for survivor benefit options or early retirement. For purposes of calculating the benefit payable to survivors, with regard to the $5.00 per month pension increase noted above, payments will be calculated in accordance with the elections made by the employee (for example 50% of the retiree’s $5.00 benefit will be paid to the survivor if the 50% option was elected). In accord with the provisions of the July 1, 1999 Labor Agreement, the following is applicable for the July 1, 2003 Labor Agreement.
RETIREMENT INCOME PLAN. Effective July 1, 2005, each full-time employee and part-time employee having six
RETIREMENT INCOME PLAN. All present employees enrolled in the Healthcare of Ontario Pension Plan shall maintain their enrolment in the Healthcare of Ontario Pension Plan (HOOPP) subject to its terms and conditions. New employees and employees employed but not yet eligible for membership in the Plan shall, as a condition of employment, enrol in the Plan when eligible in accordance with its terms and conditions.
RETIREMENT INCOME PLAN. 18.01 Effective September 2, 2014, the Employer and employees will participate in the Healthcare of Ontario Pension Plan “HOOPP” in accordance with its terms and requirements
RETIREMENT INCOME PLAN. The Retirement Income Plan (1985) forms part of this Agreement. A description of the Plan is attached hereto for information purposes. Any questions of administration or interpretation of the Plan will be decided based on the full Plan text.
RETIREMENT INCOME PLAN. Ontario Municipal Employees Retirement System (OMERS) Plan
RETIREMENT INCOME PLAN. IMPLEMENTATION NOTE: Effective first (1st) month after ratification or Award and subject to the approval of the NHRIPP Board of Directors deductions for NHRIPP shall commence and Employee and any Employer deductions to Registered Retirement Savings Plans shall cease.
RETIREMENT INCOME PLAN. 18.01 Each newly employed full-time employee shall, and each current full-time and any part-time employee may, having six (6) months' service, establish an individually vested plan within the Retirement Income Plan in effect on the date of ratification of this agreement. The Employer shall deduct four (4) percent of applicable wages from the employee's pay and remit it to the credit of the employee's individual plan, together with a matching Employer contribution.
