Basic Group Life. Subject to the provisions of the plan document, each Employee shall elect to be covered for either one (1x) or two and one half (2 1/2x) times their annual salary. The Employer shall pay the total premium cost of the first twenty-five thousand dollars ($25,000) of insurance (or of the amount of insurance, if less than twenty- five thousand dollars ($25,000). The premium cost of any insurance in excess of twenty-five thousand dollars ($25,000) shall be borne by the Employee.
Basic Group Life. Nurses are eligible for basic group life insurance coverage. Coverage will begin the date of hire for those Nurses who are benefits-eligible. Premiums for the basic group life insurance are paid entirely by the Hospital.
Basic Group Life. (i) The employer shall pay 100% of the monthly premium of the Basic Group Life Plan as obtained by the University, provided the employee has met eligibility requirements of the Plan. Upon request, the University agrees to provide the Union with relevant financial, statistical, and member-related data pertaining to the Medical, Dental, Extended Health, and Disability Benefit Plans, provided that it is available, its collection does not result in additional cost or administrative burden, it is in aggregate form (i.e., individual employee information remains confidential), and it is not confidential for business purposes of the University. The information is provided to the Union so it may meet its statutory obligations in administering the employment relationship and representing bargaining unit employees. Any information obtained from the University will not be disclosed by the Union to, or used on the behalf of, any third party, unless required by law.
Basic Group Life. (i) The employer shall pay 100% of the monthly premium of the Basic Group Life Plan as obtained by the University, provided the employee has met eligibility requirements of the Plan.
