Common use of Benefits and Pensions Clause in Contracts

Benefits and Pensions. (a) Employees are eligible to participate in the Pension Plan for Salaried Employees of McMaster University, Extended Health Plan, Dental Plan, Group Life Plan, Accidental Death & Dismemberment Plan, Salary Continuance Plan, Long Term Disability Plan, Pregnancy Leave Plan, Family Medical Leave Plan, Tuition Assistance and Bursary Plans (b) Subject to Article 22.01(c), an Employee and their eligible dependants at retirement are eligible to participate in the Extended Health, Dental, Group Life Plans, Tuition Assistance and Bursary Plans for retirees, provided: i. the Employee collects a pension immediately on leaving the Employer or is eligible for an immediate and unreduced pension at the date she leaves; and ii. the Employee and their eligible dependants are enrolled in the Extended Health, Dental, Group Life Plans, Tuition Assistance and Bursary Plans for active Employees at the Employee’s date of retirement. (c) Eligibility for benefits post-retirement is limited to: i. Employees hired into the Bargaining Unit on or before June 15, 2006; ii. Employees hired into the Bargaining Unit between June 16, 2006 and September 31, 2009, inclusive, and who have at least 10 years’ cumulative service with the University as of the date of retirement; and iii. Employees hired into the Bargaining Unit between October 1, 2009 and April 30, 2022 and are a Limited Term Employee or Continuing Employee as at April 30, 2022, in accordance with the terms of the Letter of Understanding regarding the Post Retirement Benefit Co-Pay Program.