Common use of Accumulation of Vacation Credits Clause in Contracts

Accumulation of Vacation Credits. accumulate vacation credits for the Employee to a maximum of one year’s vacation credits. ≈ (iii) continue the eligibility of the Employee and the Employer’s cost sharing relationship with the Employee so as to allow for the Employee to continue in the NSHEPP Pension Plan, Group Health and Group Life Plans. The Employee must agree to pay the usual cost shared amount (ie Group Health 65/35% and Group Life 50/50%) for participation in the Plans. This entitlement shall be reviewed by the Employer on a year-to-year basis. In no case shall the Employer be required to cost share the benefits for a period longer than eighteen

Accumulation of Vacation Credits. accumulate vacation credits for the Employee to a maximum of one year’s vacation credits. ≈ (iii) continue the eligibility of the Employee and the Employer’s cost sharing relationship with the Employee so as to allow for the Employee to continue in the NSHEPP Pension Plan, Group Health and Group Life Plans. The Employee must agree to pay the usual cost shared amount (ie Group Health 65/35% and Group Life 50/50%) for participation in the Plans. This entitlement shall be reviewed by the Employer on a year-to-year basis. In no case shall the Employer be required to cost share the benefits for a period longer than eighteeneighteen (18) months following the onset of the WCB period. This shall not determine the Employee’s eligibility to participate in the Plans.