Basic Life Insurance. Basic life insurance coverage will be equal to one times the employee’s annual salary or $30,000 whichever is greater. Coverage is contingent upon employee contribution of $12.00 per year. The Board's pro-rated contribution is made on the first day of the month following the first sixty (60) days of the probationary period. Life Insurance will be effective the first day of the month following sixty (60) days of employment.
Appears in 5 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Basic Life Insurance. Basic life insurance coverage will be equal to one times the employee’s annual salary or $30,000 whichever is greater. Coverage is contingent upon employee contribution of $12.00 per year. The Board's pro-rated contribution is shall be made on the first day of the month following the first sixty (60) days of the probationary period. Life Insurance will be effective the first day of the month following sixty (60) days of employment.
Appears in 5 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement