Basic Group Life Insurance and Accidental Death and Dismemberment. a) Employees may select either $2,000 or $25,000. b) The cost of the premium to be paid in the following manner: Effective January 1, 2009: The cost of the premium to be paid in the following manner: 95% by the Employer; 5% by the Employee (pro-rated for Part-time Employees). c) Every new Employee is required to participate in this Plan.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Basic Group Life Insurance and Accidental Death and Dismemberment. (a) Employees may select either $2,000 or $25,000.
(b) The cost of the premium to be paid in the following manner: Effective January 1, 2009: The cost of the premium to be paid in the following manner: 95% by the Employer; 5% by the Employee :
(pro-rated for Part-time Employees).
c) Every new Employee is required to participate in this Planplan. In addition to the basic group life insurance, Employees insured for $25,000 basic life insurance may have an optional amount of insurance in increments of $10,000; from $10,000 up to and including $210,000 $250,000. in the 1992 Agreement period.
Appears in 1 contract
Samples: Collective Agreement
Basic Group Life Insurance and Accidental Death and Dismemberment. (a) Employees may select either $2,000 or $25,000.
(b) The cost of the premium to be paid in the following manner: Effective January 1, 2009: The cost of the premium to be paid in the following manner: 9590% by the Employer; 5Employer (*pro-rated where applicable) and 10% by the Employee (pro-rated for Part-time Employees)employee.
(c) Every new Employee employee is required to participate in this Planplan. *See Human Resources Procedures Manual. In addition to the basic group life insurance, Employees insured for $25,000 basic life insurance may have an optional amount of insurance in increments of $10,000; from $10,000 up to and including $210,000 in the 1992 Agreement period.
Appears in 1 contract
Samples: Collective Bargaining Agreement