Common use of AMOUNTS OF BENEFITS Clause in Contracts

AMOUNTS OF BENEFITS. 4.01 A participant may elect out of participation in the employer's medical insurance program and receive instead a payment of an amount per month as specified in attached Exhibit A. This benefit shall be paid from the general assets of the Employer. This benefit shall be payable only for those months in which the Participant would otherwise be eligible for Employer-paid participation in the Employer's medical insurance program. The terms and conditions of the Medical Insurance Waiver Allowance Election Form are incorporated herein by reference.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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