Benefit Levels. (A) The eligibility of the members and their dependents for coverage and the precise benefits to be provided shall be as set forth a tiered insurance benefit plan written and maintained by the City and Borough for that purpose.
(B) The Employer shall provide written notice to the Union of changes to the level of health insurance benefits at least sixty (60) days prior to implementation.
Benefit Levels. 1. Classic Safety members shall be three percent (3%) at age fifty (50) and
2. Classic Miscellaneous members shall be three percent (3%) at age sixty (60).
3. Safety Employees who qualify as new members under PEPRA shall be 2.7% at age 57.
4. Miscellaneous Employees who qualify as new members under PEPRA shall be 2.0% at age 62.
Benefit Levels. Short Term Disability benefit payments for claims which originate on or after January 1, 2006, 75% of base pay to a maximum benefit of $800.00.
Benefit Levels. Regarding medical benefit plans, Public Act 152 states a public employer will pay not more than 80% OR not more than the hard cap, as defined annually by the State of Michigan-Department of Treasury, of the total annual costs of the medical benefit plans it offers to employees and eligible dependents. Annually, the Employer will elect the option with the lowest co-premiums for the majority of the employees.
Benefit Levels. The maximum time payments for disability benefits shall be twenty-four (24) months. The minimum level of approved Disability leave benefit, pursuant to this Article, shall be sixty-seven percent (67%) of the eligible bargaining unit employee’s regular rate of pay.
Benefit Levels. Short Term Disability Benefit payments for claims which originate on or after January 1, 2006, 75% of base pay to a maximum benefit of: $800.00. If the employee qualifies for Employment Insurance Sickness benefits, it is understood that the combined weekly payments received under this article and the weekly rate of employment insurance benefits will not exceed 75% of an employee’s weekly base pay. An employee has no vested rights to payments under the Employment Insurance Sickness Benefits Plan approved by the HRDC except to payments during a period of unemployment recognized as such by Human Resources Development Canada. Payments in respect of guaranteed annual remuneration or in respect of deferred remuneration or severance benefits are not reduced or increased by Employment Sickness Benefits Program.
Benefit Levels. The monthly dollar amount per year of Benefit Service to be used to compute the monthly amount of pension which is payable to or with respect to a Participant who retires, dies, or otherwise terminates employment after September 25, 1996, and which is due as of the last day of a calendar month that occurs coincident with or following the signing of this Agreement shall be as follows: Red Coat/ALA $60.18 Customer Service Agent, Customer Service Agent- Secretary and Ticket Sales Agent $50.94 All other w/c classifications covered by the collective bargaining agreement for Canadian employees $37.34 For this purpose, the employee groups shall be determined by reference to the work classifications covered by the collective bargaining agreements between the Employer and the Union.
Benefit Levels. For a period of twelve (12) months following the Closing Date, the Buyer shall cause each Transferred Employee to be provided with (i) a base salary or base wage and commission opportunities that are no less favorable, in the aggregate, than those in effect immediately prior to the Closing Date, and (ii) other benefits that are no less favorable, in the aggregate, than the benefits provided to similarly situated employees of the Buyer or its subsidiaries as in effect from time to time. Without limiting the immediately preceding sentence (or any other provision hereof), for the twelve (12)-month period following the Closing Date, the Buyer shall provide, or cause to be provided, to each Transferred Employee severance payments and severance benefits that are no less favorable than the greater of (i) the severance payments and severance benefits that were provided to such employee as of immediately prior to the Closing Date and (ii) the severance payments and severance benefits that are provided to similarly-situated Buyer employees from time to time.
Benefit Levels. 1. Miscellaneous shall be three percent (3%) at age sixty (60).
a. Should CalPERS offer a 3% @ 50, 2% @ 50 or other enhancement benefit at some point in the future, the District and the Union agree to meet and confer.
b. The District shall, in accordance with PERS procedures, pass the necessary Resolution(s) to treat Employer Paid Member Contributions (EPMC) as PERS reportable compensation for retirement purposes.
c. The tax/retirement and other consequences, if any, of the above referenced changes are the responsibility of the employee.
Benefit Levels. Effective January 1, 2012, the Employer will pay no more than 80% of the total annual costs of the medical benefit plans it offers to employees and eligible dependents.
