Common use of Benefit Coverage During Layoff Clause in Contracts

Benefit Coverage During Layoff. Benefit coverage shall be provided, at the employee’s option, for employees laid off for more than 32 calendar days during the term of the Collective Agreement, subject to the following provisions: a) Benefits covered: 1. Provincial Health Care 2. Extended Health Care 3. Basic Life Insurance 4. Basic AD & D Insurance b) Benefit coverage shall be for a period up to one year from the date of layoff. c) The employee must decide on this coverage at the time of layoff, and may cancel his participation at any time during the one year period. Once an employee cancels his coverage he shall not be eligible for further benefit coverage until he is recalled. Benefit coverage shall terminate under this Agreement if the employee is recalled or is paid severance pay during the one year period. d) Premiums for the benefits shall be paid by the Company and subsequently deducted from the employee’s severance allowance, as provided in Article 24.13, if paid out, or from future earnings if the employee is recalled.

Benefit Coverage During Layoff. Benefit coverage shall be provided, at the employee’s option, for employees laid off for more than 32 calendar days during the term of the Collective Agreement, subject to the following provisions: a) Benefits covered: 1. Provincial Health Care 2. Extended Health Care 3. Basic Life Insurance 4. Basic AD & D Insurance b) Benefit coverage shall be for a period up to one year from the date of layoff. c) The employee must decide on this coverage at the time of layoff, and may cancel his their participation at any time during the one year period. Once an employee cancels his their coverage he they shall not be eligible for further benefit coverage until he is they are recalled. Benefit coverage shall terminate under this Agreement if the employee is recalled or is paid severance pay during the one year period. d) Premiums for the benefits shall be paid by the Company and subsequently deducted from the employee’s severance allowance, as provided in Article 24.13, if paid out, or from future earnings if the employee is recalled.