Common use of Benefit Levels Clause in Contracts

Benefit Levels. The monthly dollar amount per year of Benefit Service to be used to compute the monthly amount of pension which is payable to or with respect to a Participant who retires, dies, or otherwise terminates employment after September 25, 1996, and which is due as of the last day of a calendar month that occurs coincident with or following the signing of this Agreement shall be as follows: Red Coat/ALA $60.18 Customer Service Agent, Customer Service Agent- Secretary and Ticket Sales Agent $50.94 All other w/c classifications covered by the collective bargaining agreement for Canadian employees $37.34 For this purpose, the employee groups shall be determined by reference to the work classifications covered by the collective bargaining agreements between the Employer and the Union.

Benefit Levels. The monthly dollar amount per year of Benefit Service to be used to compute the monthly amount of pension which is payable to or with respect to a Participant who retires, dies, or otherwise terminates employment after September 25, 1996, and which is due as of the last day of a calendar month that occurs coincident with or following the signing of this Agreement shall be as follows: Red Coat/ALA Lead Customer Service $60.18 Customer Service Agent, Customer Service Agent- Secretary and Ticket Sales Agent $50.94 All other w/c classifications covered by the collective bargaining agreement for Canadian employees $37.34 For this purpose, the employee groups shall be determined by reference to the work classifications covered by the collective bargaining agreements between the Employer and the Union.