Sentences with phrase «retirement allowance»

This contrasts with the structure of a defined - benefit plan, in which your employer uses a formula to calculate a specific monthly retirement allowance you'll receive when you retire.

It is necessary to be on home billing for one billing cycle so your pension system has time to put your regular retirement allowance payment in place.

Member Benefits then submits this information to your pension system to start the deductions with your next regular retirement allowance payment.

Relates to the minimum retirement allowance for members of the New York state teachers» retirement system who retired prior to July 1, 1980

Require the City to contribute annually to the defined benefit pension plan an amount substantially equal to that required of the employee for a normal retirement allowance, but not contribute in excess of that amount.

The PLOP allows a member to receive a lump sum benefit payment along with a reduced monthly retirement allowance.

The central collective agreement negotiated between the Ontario Council of Hospital Unions and hospitals across the province requires hospitals to offer two types of exit packages to employees prior to issuing a notice of layoff: a retirement allowance in article 9.08 (B), and a voluntary exit option in article 9.08 (C).

In Armone the employer had a policy of providing a retirement allowance of one week per year of service to a maximum of 30 weeks to employees.

In Armone the Court stated that the determination of whether a contract of employment entitles an employee to the receipt of a retirement allowance where his employment has been terminated without cause is an inherently - fact specific exercise.

Dembeck v. Wright 2012 ONCA 852 Family Law — Husband and wife — Marital property — Distribution orders — Particular property — Severance or retirement allowance