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Supplemental Retirement Arrangement Section 2

Definitions

All capitalized words used in this Supplemental Retirement Arrangement shall have the meanings given in this Section 2 and, if not defined in this Section 2, shall have the meanings given in the Plan.

 

2.01 Aggregate Surplus

 

"Aggregate Surplus" means the positive amount of the Plan Surplus, if any, and the positive amount of the SRA Surplus, if any, when combined.

 

2.02 Effective Date

 

Supplemental Retirement Arrangement 1997-98 Contributions

MEMORANDUM OF AGREEMENT
Between
The Board of Governors on behalf of Trent University ("University")
And
The Trent University Faculty Association ("TUFA")
On

Supplemental Retirement Arrangement Section 4

Financing of Benefits

4.01 SRA Fund

 

For financial accounting purposes, the University shall set aside operating funds on a monthly basis in a segregated account to serve as a special purpose fund (hereafter SRA Fund) in respect of its obligations under the SRA. The University shall retain ownership of the SRA Fund.

 

4.02 University Funding Obligations

 

In any Plan Year, in the event that

 

Supplemental Retirement Arrangement 1998-99 Contributions

MEMORANDUM OF AGREEMENT
Between
The Board of Governors on behalf of Trent University ("University")
And
The Trent University Faculty Association ("TUFA")
On
A Waiver of a Portion of
1998-99 University Contributions

Whereas the University and TUFA (the "parties") have just concluded a lengthy and successful process of cordial negotiations regarding pension and retirement issues; which will bring mutual benefits to both parties;

Supplemental Retirement Arrangement Section 3

Membership

3.01 Members

 

Each Employee who is a member of the Plan shall be a Member of the SRA.

 

Supplemental Retirement Arrangement Surplus

MEMORANDUM OF AGREEMENT
Between
The Board of Governors on behalf of Trent University ("University")
And
The Trent University Faculty Association ("TUFA")
On

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