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Contributory Pension Plan for Salaried Employees of McMaster University Including McMaster Divinity College 2000 ("Plan 2000")

Plan 2000 Pension Plan Text * - Effective January 1, 2019
The Plan was amended and restated effective January 1, 2019. The 2019 restatement:
1.  Consolidates the prior restatement (2014) and subsequent amendments into a single document;
2.  Clarifies specific Plan provisions that required refinement;
3.  Incorporates "housekeeping" changes;
4.  Reflects legislative changes since the 2014 restatement; and
5.  Aligns select Plan provisions with administrative practice.
Plan 2000 Pension Plan Text * - Effective January 1, 2014 to December 31, 2018

Plan 2000 Amendment #1 - Signed December 12, 2013

Purpose:
Change the Special Retirement Date and increase the employee contribution rates for full-time clinical faculty members of the Faculty of Health Sciences who must maintain membership in the Regional Medical Associates of Hamilton

Sections:
Amended Section 4.02
New Section 7.01(a)(i)(A)

Plan 2000 Amendment #2 - Signed June 5, 2014

Purpose:
Revise the definition of Normal Retirement Date

Sections:
New Section 4.01

Plan 2000 Amendment #3 - Signed June 5, 2014

Purpose:
Increase the employee contribution rates

Sections:
Amended Section 7.01(a)(i)(A)

Plan 2000 Amendment #4 - Signed June 4, 2015

Purpose:
Defining of SAAO

Sections:
Amended Section 2.33

Plan 2000 Amendment #5 - Signed April 14, 2016

Purpose:
Increase the employee contribution rates

Sections:
Amended Section 7.01(a)(i)(A)

Plan 2000 Amendment #6 - Signed December 7, 2017

Purpose:
Update the language for Special Adjustments to Member Contributions for Faculty Members and Librarians and increase the employee contribution rates for Unifor Local 5555 Members, Regional Medical Associates (RMAs), Faculty Members, and Librarians.

Sections:
Amended Section 7.04
Amended Section 7.01(a)(i)(A)
New Section 7.05

Plan 2000 Amendment #7 - Signed June 7, 2018

Purpose:
Update the language for Special Adjustments to Member Contributions for TMG Members and SAAO Members. Increase the employee contribution rates. Change the leaves of absence without pay for TMG Members.

Sections:
Amended Section 7.01(a)(i)(A)and 7.01(a)(ii)(B)
Amended Section 7.04
Amended Section 11.03


Contributory Pension Plan for Salaried Employees of McMaster University Including McMaster Divinity College ("Original Plan")

Original Plan Pension Plan Text * - Effective January 1, 2019
The Plan was amended and restated effective January 1, 2019. The 2019 restatement:
1.  Consolidates the prior restatement (2014) and subsequent amendments into a single document;
2.  Clarifies specific Plan provisions that required refinement;
3.  Incorporates "housekeeping" changes;
4.  Reflects legislative changes since the 2014 restatement; and
5.  Aligns select Plan provisions with administrative practice.
Original Plan Pension Plan Text * - Effective January 1, 2014 to December 31, 2018
Original Plan Amendment #1 - Signed December 12, 2013

Purpose:
Change the Special Retirement Date and increase the employee contribution rates for full-time clinical faculty members of the Faculty of Health Sciences who must maintain membership in the Regional Medical Associates of Hamilton

Sections:
Amended Section 4.02(a)
New Section 7.01(a)(i)(A)(1)

Original Plan Amendment #2 - Signed June 5, 2014

Purpose:
Revise the definition of Normal Retirement Date

Sections:
New Sections 4.01

Original Plan Amendment #3 - Signed December 7, 2017

Purpose:
Update the language for Special Adjustments to Member Contributions for Faculty Members and increase the employee contribution rates for Faculty Members.

Sections:
Amended Section 7.04
Amended Section 7.01(a)(i)(A)(2)