Amalgamated Transit Union (ATU) Local 107 - City of Hamilton

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indexing level of six percent (6%) per annum based on a C.P.I.
increase of ten percent (10%).
(5) The level of increase in C.P.I. used in determining the indexing per
cent is the increase as reported by Statistics Canada for all items
for Canada for the preceding year. Pension indexes will be applied
May 1 of each year.
17.03 Current Employees at the date of ratification (January 19, 1999) whose
Earliest Unreduced Pension Date falls beyond their sixty-fourth (64th)
birthday and who elect to retire under the Pension Plan, whether early or
normal after having attained the age of fifty-five (55) years, will be paid the
difference between the Bridging Enhancement benefit amount and the
retirement gratuity amount. The calculation of the retirement gratuity will
be as follows:
Having completed fifteen (15) years' service, retirement gratuity equivalent
to one (1) months' pay (calculated based on 22 working days per month)
and in addition thereto one-fifteenth (1/15) of one (1) months' pay for each
completed year of service above fifteen (15) years to a maximum of a
further one (1) months' pay.
An Employee who has been terminated and is pending an arbitration
hearing, shall have their pension status frozen until the arbitrator renders a
decision and the termination is either upheld or the Employee is
reinstated. If reinstated, the Employee has six (6) months to purchase
unpaid pension credits equal to the seniority credited.
Make-up and terms of reference of Advisory Committee to be determined.
The Committee will meet a minimum of three (3) times per year.
As a condition of the anticipated sale of The Canada Coach Lines Limited,
and as a condition of that sale to Trentway-Wagar, the City (HSR) agrees
to assume responsibility for continuing the benefits of The Canada Coach
Lines Limited retirees on the understanding that the benefits to retirees will
be those in effect on the date of the sale and shall not be deemed to
increase, improve or enhance as the result of any negotiated changes at
the City (HSR) on or after the date of the sale, without the expressed
agreement of the Amalgamated Transit Union, Local 107 and the City
(HSR).
ARTICLE 18 - FREE TRANSPORTATION
18.01 The City (HSR) agrees to provide free transportation for all its Employees
over the regular routes of the City (HSR) and in accordance with its
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