Common use of Benefit Premium Refund Clause in Contracts

Benefit Premium Refund. Subject to the following conditions, casuals shall, on enrolment in the aforementioned benefit plans, be entitled to an annual lump sum refund paid by the Employer at the appropriate rate for the cover- age obtained. Such payment is a reimbursement for each monthly benefit premium paid by the em- ployee to a maximum of twelve (12) months. (i) In order to be eligible, casual employees, once enrolled in the plan, must have worked 975 hours with the Employer during the yearly pe- riod October 1 to September 30. This includes all regular and casual hours worked by the em- ployee for the Employer. Alternatively, if a casual employee works 500 hours in the period March, June 15 to Septem- ber 15 or December, they will also be eligible for the benefit premium refund as identified above. (ii) The Employer shall pay eligible employees the lump sum refund by November 1 of each year.

Appears in 4 contracts

Samples: Provincial Collective Agreement, Provincial Collective Agreement, Provincial Collective Agreement

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