BENEFIT PLAN SUMMARY Sample Clauses

BENEFIT PLAN SUMMARY. Benefit Plan Summaries are found at xxx.xxxxxxx.xx/xxxxxxxx and describe the principal features of the benefit plan as outlined in this AGREEMENT, but the actual insurance company policies and contracts are the governing documents. If there are variations between the information in any benefit summary and the actual policies and contracts, the policies and contracts will prevail. The election of FLEXIBLE PLAN coverage is effective for one year from the first pay period of the calendar year, with the exception of situations where a Limited Term or Seasonal employee moves into an established position. In that situation, the employee will be given the opportunity to elect a different level of coverage. Should the employee subsequently leave or be removed from an established position, his coverage will revert to its previous level. Limited Term and Seasonal EMPLOYEES cannot elect coverage from FLEXIBLE PLAN - LEVEL 3 Health or Dental plans. APPENDIX A The governing documents are as follows: Basic Life Insurance: Canada Life #127 Optional Group Life – Canada Life #165451 LTD – Canada Life #138248GHA S&A – BENEFIT AGREEMENT Extended Health Care: Green Shield Canada contract #YYC Dental: Green Shield Canada contract #YYC Dental Fee Guide is based on the Alberta Dental Fee Guide and the insurer’s Reasonable and Customary fee schedule Critical Illness – Canada Life #175551 APPENDIX B APPENDIX C
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BENEFIT PLAN SUMMARY. Medical (includes prescription drug and behavioral health coverage) Pay Now and Pay Later Plans — You can choose between an Aetna POS or Independence Blue Cross PPO, depending on where you live. Dental United Concordia PPO Vision Xxxxx Vision or Vision Service Plan (VSP) Flexible Spending Accounts (FSA) Health Care — Elect to contribute up to $2,500 pre-tax to spend on qualifying health care expenses. Dependent Care — Elect to contribute up to $5,000 pre-tax for reimbursement of eligible dependent care expenses. Commuter Reimbursement — Elect to contribute pre-tax up to $115/month for transit pass and commuter highway vehicle; up to $220/month for qualified parking expenses. Life Insurance 100% Company Paid — Equals 1.5x your eligible salary up to $500,000 maximum. Option to purchase additional life insurance for yourself and eligible dependents. Accidental Death & Dismemberment (AD&D) 100% Company Paid — Equals 1.5x your eligible salary up to $500,000 maximum. Option to purchase additional AD&D insurance for yourself and eligible dependents. Short-Term Disability 100% Company Paid — Disability benefit that replaces a portion of your salary for an approved injury or illness for up to 26 weeks. Group Long-Term Disability 100% Company Paid — 100% company paid basic benefit provided. Supplemental LTD coverage also available for purchase. 401(k) Plan Comcast-Spectacor 401(k) Plan • Traditional pre-tax and Xxxx 401(k) after-tax contributions. • Eligible after one year of service with 1,000 hours. • Dollar for dollar company match up to 4%; 50% match on 5-6% you contribute. Employee Stock Purchase Plan (ESPP) Comcast Employee Stock Purchase Plan (ESPP) Offers employees an opportunity to purchase shares of Comcast stock on a quarterly basis at a 15% discount. Full-time employees are eligible to enroll the quarter following 90 days of employment; part-time employees are eligible to enroll the quarter following 1 year of employment. Work Life Tuition reimbursement and employee assistance program. 2014 medical overview. Two choices: Pay Now or Pay Later medical plan. Depending on where you live, your plan may be an Aetna Point of Service (POS), an Independence Blue Cross Preferred Provider Organization (PPO), or a choice between the two. Pay Now Pay Later In-Network Out-of-Network In-Network Out-of-Network Your copays and coinsurance for select services None (plan pays 100%) 35% coinsurance* $15 primary care copay 35% coinsurance* $25 specialist copay (after deducti...

Related to BENEFIT PLAN SUMMARY

  • Benefit Plan If an employee maintains coverage for benefit plans while on maternity or parental leave, the Employer agrees to pay the Employer's share of these premiums.

  • Benefit Plans The Executive shall be entitled to participate in any benefit plans relating to stock options, stock purchases, awards, pension, thrift, profit sharing, life insurance, medical coverage, education, or other retirement or employee benefits available to other senior executive employees of the Company, subject to any restrictions (including waiting periods) specified in such plans.

  • Employee Benefit Plans Except as could not reasonably be expected to have a Material Adverse Effect, (a) Borrower, each of its Subsidiaries and each of their respective ERISA Affiliates are in compliance with all applicable provisions and requirements of ERISA and the Internal Revenue Code and the regulations and published interpretations thereunder with respect to each Employee Benefit Plan, and have performed all their obligations under each Employee Benefit Plan, (b) each Employee Benefit Plan which is intended to qualify under Section 401(a) of the Internal Revenue Code has received a favorable determination letter from the Internal Revenue Service indicating that such Employee Benefit Plan is so qualified and, to the knowledge of Borrower, nothing has occurred subsequent to the issuance of such determination letter which would cause such Employee Benefit Plan to lose its qualified status, (c) no liability to the PBGC (other than required premium payments), the Internal Revenue Service, any Employee Benefit Plan or any trust established under Title IV of ERISA has been or is expected to be incurred by Borrower, any of its Subsidiaries or any of their ERISA Affiliates, (d) no ERISA Event has occurred or is reasonably expected to occur and (e) except to the extent required under Section 4980B of the Internal Revenue Code or similar state laws, no Employee Benefit Plan provides health or welfare benefits (through the purchase of insurance or otherwise) for any retired or former employee of Borrower, any of its Subsidiaries or any of their respective ERISA Affiliates. The present value of the aggregate benefit liabilities under each Pension Plan sponsored, maintained or contributed to by Borrower, any of its Subsidiaries or any of their ERISA Affiliates (determined as of the end of the most recent plan year on the basis of the actuarial assumptions specified for funding purposes in the most recent actuarial valuation for such Pension Plan), did not exceed the then-current aggregate value of the assets of such Pension Plan by more than $150,000,000. As of the most recent valuation date for each Multiemployer Plan for which the actuarial report is available, the potential liability of Borrower, its Subsidiaries and their respective ERISA Affiliates for a complete withdrawal from such Multiemployer Plan (within the meaning of Section 4203 of ERISA), when aggregated with such potential liability for a complete withdrawal from all Multiemployer Plans, based on information available pursuant to Section 4221(e) of ERISA, is not more than $150,000,000. Except as could not reasonably be expected to have a Material Adverse Effect, Borrower, each of its Subsidiaries and each of their ERISA Affiliates have complied with the requirements of Section 515 of ERISA with respect to each Multiemployer Plan and are not in “default” (as defined in Section 4219(c)(5) of ERISA) with respect to payments to a Multiemployer Plan.

  • EMPLOYEE BENEFIT PLAN Any employee benefit plan within the meaning of §3(3) of ERISA maintained or contributed to by the Borrower or any ERISA Affiliate, other than a Multiemployer Plan. Environmental Laws. See §7.18(a).

  • Group Benefit Plan Continuation While a Nurse is on pregnancy/birth or parental, or adoption leave, the Employer shall permit the Nurse to continue participation in eligible benefit plans. The Nurse shall be responsible to pay both the Employer and the Nurse’s shares of the premium costs for maintaining such coverage for which the Nurse is eligible during the period of leave.

  • Defined Benefit Plan A plan under which a Participant’s benefit is determined by a formula contained in the plan and no Employee accounts are maintained for Participants.

  • Employee Plans Except as provided in Section 4.12, the Assuming Institution shall have no liabilities, obligations or responsibilities under the Failed Bank's health care, bonus, vacation, pension, profit sharing, deferred compensation, 401K or stock purchase plans or similar plans, if any, unless the Receiver and the Assuming Institution agree otherwise subsequent to the date of this Agreement.

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