Active Employee Benefits Sample Clauses

Active Employee Benefits. The Superintendent shall provide each unit member with health and welfare benefits in accordance with Appendix “B-1.”
Sample 1Sample 2
AutoNDA by SimpleDocs
Active Employee Benefits. The proposed Agreement provides improvements to the existing medical, prescription drug, dental, vision, life and S&A benefits for all eligible Employees. Prescription drug copays are unchanged from the 2003 Agreement.
Sample 1Sample 2
Active Employee Benefits. 18.1.1 The District shall provide each unit member with health and welfare benefits in accordance with Appendix B-1. 18.1.2 All health and welfare benefits carriers shall be mutually negotiated. 18.1.3 Active employees choosing to opt out of the District’s Health Plan will receive a stipend equal to that of participating members.
Sample 1
Active Employee Benefits. Employer Provided o Business Travel Accident o Basic Life Insurance o Basic Accidental Death & Dismemberment o Employee Assistance Program • Employee Elected o Medical o Dental o Vision o Health Savings Account (available to employees who elect Healthy Balance CDHP) o Health Care Spending Account o Day Care Spending Account o Long-term Disability Insurance o Optional Life o Dependent Life Insurance for Spouse o Dependent Life Insurance for Children o Personal Accident Insurance for Employee o Personal Accident Insurance for Family o Accident Insurance o Critical Illness Insurance • Savings Plan • Pension Plan (as amended in 2011 to exclude any employee hired or rehired on or after August 29, 2011, from eligibility to participate in the Plan, except that an employee on Layoff status with recall rights is not treated as a rehire if recalled within the eligible period of time on the recall list, as defined in the collective bargaining agreement) Retiree Benefits • Pre-Medicare Medical • Pre-Medicare Dental • Pre-Medicare Vision • Retiree Basic Life Insurance The following benefit programs will also be made available to bargaining unit employees: • Short-term Disability Insurance (Accident & Sickness Benefit Coverage) • Layoff Benefits and Permanent Job Separation Benefits All security plans and benefits arranged by the Company for its employees, as a whole, will be available to employees covered by this Agreement and will be administered equally, including that portion of the cost paid by all employees. Plan design is subject to change to comply with federal and state laws, without being subject to negotiations. The Union will be informed in advance of any additions or substantive changes to, or deletions from, the benefit programs. The above benefits are subject to the terms of the individual Plan Document and Summary Plan Descriptions (Plan), and associated Amendments, which are incorporated into and made a part of this Agreement. The Company will inform the Union of any enhancements to the Plans, changes in carriers, and annual employee contribution rates. The Union will be notified by October 1 of each year of the employee contribution rates for the following calendar year. It is agreed that no substantive changes or deletions shall occur to any Plans, including design and employee overall premium cost sharing without the agreement of the Union. Necessary Plan changes required to avoid Affordable Care Act (ACA) excise tax and/or penalties may be implement...
Sample 1
Active Employee Benefits 
Sample 1Sample 2

Related to Active Employee Benefits

  • PART-TIME EMPLOYEE BENEFITS Regular part time employees shall be provided the opportunity to purchase benefits of one of the plans described in Article XVII, Sections B and C at the Employer plan’s premium cost. The Employer will pay the Employer’s monthly share of the premium cost at a ratio proportionate to the employee’s part time condition of employment contingent upon receipt of the employee’s yearly share of the employee’s premium.

  • Employee Benefits Plans Schedule 6.11 hereto identifies each ERISA Plan as of the Closing Date. No ERISA Event has occurred or is reasonably expected to occur with respect to an ERISA Plan. No Controlled Group member has failed to make a required material installment or other required material payment under Section 412(a) of the Code on or before the due date or within a reasonable time after such due date. No Controlled Group member has failed to make contributions to an ERISA Plan that is a Multiemployer Plan in accordance with the applicable governing documents which is reasonably likely to result in a material liability to the Controlled Group member. No Benefit Plan (other than a Multiemployer Plan) has any accumulated funding deficiency (as defined in Section 412(a) of the Code). None of the Companies have adopted or plans to adopt any amendments that could reasonably result in a material increase in the cost of providing benefits under the ERISA Plan. With respect to each ERISA Plan (other than a Multiemployer Plan) that is intended to be qualified under Code Section 401(a), (a) the ERISA Plan and any associated trust operationally comply (or as soon as reasonably practicable are corrected to comply) with the applicable requirements of Code Section 401(a); (b) the ERISA Plan and any associated trust have been amended to comply with all such requirements as currently in effect, other than those requirements for which a retroactive amendment can be made within the “remedial amendment period” available under Code Section 401(b) (as extended under Treasury Regulations and other Treasury pronouncements upon which taxpayers may rely); (c) the ERISA Plan and any associated trust have received a favorable determination letter from the Internal Revenue Service stating that the ERISA Plan qualifies under Code Section 401(a), that the associated trust qualifies under Code Section 501(a) and, if applicable, that any cash or deferred arrangement under the ERISA Plan qualifies under Code Section 401(k), unless the ERISA Plan was first adopted at a time for which the above-described “remedial amendment period” has not yet expired; (d) the ERISA Plan currently satisfies the requirements of Code Section 410(b), subject to any retroactive amendment that may be made within the above-described “remedial amendment period”; and (e) no contribution made to the ERISA Plan is subject to an excise tax under Code Section 4972. With respect to any Pension Plan, the “accumulated benefit obligation” of Controlled Group members with respect to the Pension Plan (as determined in accordance with Statement of Accounting Standards No. 87, “Employees Accounting for Pensions”) does not exceed the fair market value of Pension Plan assets by an amount that would have a Material Adverse Effect. Each Foreign Employee Benefit Plan is in compliance in all material respects with all laws, regulations and rules applicable thereto and the respective requirements of the governing documents for Foreign Employee Benefit Plan. With respect to any Foreign Employee Benefit Plan, reasonable reserves have been established in accordance with local laws or prudent business practice or where required by ordinary accounting practices in the jurisdiction in which Foreign Employee Benefit Plan is maintained.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!