Common use of BENEFITS AND COST SHARING Clause in Contracts

BENEFITS AND COST SHARING. The Employer will continue to provide to full-time employees who have completed three (3) months of continuous service, the level of benefits and cost sharing contained in the attached Employer's booklet and table below: BENEFIT EMPLOYER SHARE EMPLOYEE SHARE Extended Health Care 50% 50% Dental Plan 50% 50% Group Life Insurance – Basic $25,000 100% 0% Option #1-100% of earnings 0% 100% Option #2-200% of earnings 0% 100% Dependent Life Insurance 100% 0% Accidental Death & Dismemberment Insurance 100% 0% Voluntary Accident Insurance 0% 100% Short Term Disability 100% 0% Long Term Disability 50% 50% OR *Long Term Disability *100% *Extended Health Care *70% *30% Employees hired prior to 2009 may continue to pay 50% of the Long Term Disability premium and cost share the Extended Health Care premium (or Dental Plan premium) at 50/50 or these individuals may elect to transfer to the 100% employee paid Ltd and cost share the Extended Health Care premium (or Dental Plan premium) at 70/30. If the Company amends its drug plan to reimburse for generic prescription drugs only, where a generic drug is available, the change will be applied to bargaining unit members. At such time, if the employee chooses the name brand drug, they will be dispensed the brand name drug and pay the difference in cost between the generic drug and the name brand drug. LETTER OF UNDERSTANDING NO. 1: RE STAFF REDUCTIONS Xxx. Xxxxxxxx Xxxxxx National Representative Unifor 0 Xxxxxxxx Xxxxx Xxxxxx, XX X0X 0X0 Dear Xxx. Xxxxxx: RE: STAFF REDUCTIONS This letter confirms the commitment made by the Company during bargaining that, in the event that staff reductions become necessary during the term of the collective agreement, the Company will:

Appears in 1 contract

Samples: Collective Agreement

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BENEFITS AND COST SHARING. The Employer will continue to provide to full-time employees who have completed three (3) months of continuous service, the level of benefits and cost sharing contained in the attached Employer's booklet and table below: BENEFIT EMPLOYER SHARE EMPLOYEE SHARE Extended Health Care 50% 50% Dental Plan 5070% 5030% Group Life Insurance – Basic $25,000 100% 0% Option #1-100% of earnings 0% 100% Option #2-200% of earnings 0% 100% Dependent Life Insurance 100% 0% Accidental Death & Dismemberment Insurance 100% 0% Voluntary Accident Insurance 0% 100% Short Term Disability 100% 0% Long Term Disability 50% 50% OR *Long Term Disability *100% *Extended Health Care *70% *30% * Employees hired prior to 2009 may continue who choose to pay 50100% of the Long Term Disability premium and cost share will pay only 30 % of the Extended Health Care premium (or Dental Plan premium) at 50/50 or these individuals may elect to transfer to the premium if exempt from Health Care). New employees hired after May 6, 2014 will pay 100% employee paid Ltd of the Long Term Disability premiums and cost share will pay only 30% of the Extended Health Care premium (or Dental Plan premiumpremium if exempt from Health Care) at 70/30. If the Company company amends its drug plan to reimburse for generic prescription drugs only, where a generic drug is available, the change will be applied to bargaining unit members. At such time, if the employee chooses the name brand drug, they will be dispensed the brand name drug and pay the difference in cost between the generic drug and the name brand drug. LETTER OF UNDERSTANDING NO. 1: RE STAFF REDUCTIONS Xxx. April 5, 2017 Mr. Xxxx Xxxxxxxx Xxxxxx National Local Representative Unifor 0 Xxxxxxxx Local 87-M Southern Ontario Newsmedia Guild 0000 Xxxxx XxxxxxXx., Xxxx Xxxxxxx, XX X0X 0X0 Dear Xxx. XxxxxxMr. Xxxxxxxx: RE: STAFF REDUCTIONS METROLAND PENSION PLAN This letter confirms agreements reached during collective bargaining with respect to the commitment made by the Company during bargaining that, in the event that staff reductions become necessary during the term of the collective agreement, the Company will:Metroland Pension Plan.

Appears in 1 contract

Samples: Collective Agreement

BENEFITS AND COST SHARING. The Employer will continue to provide to full-time employees who have completed three (3) months of continuous service, the level of benefits and cost sharing contained in the attached Employer's booklet and table below: BENEFIT EMPLOYER SHARE EMPLOYEE SHARE Extended Health Care 50% 50% Dental Plan 5070% 5030% Group Life Insurance – Basic $25,000 100% 0% Option #1-100% of earnings 0% 100% earnings Option #2-200% of earnings 0% 100% earnings Dependent Life Insurance 100% 0% Insurance Accidental Death & Dismemberment Insurance 100% 0% Insurance Voluntary Accident Insurance 0% 100% Insurance Short Term Disability 100% 0% Long Term Disability 50% 50% OR ** Long Term Disability *100% ** Extended Health Care *70% *30% * Employees hired prior to 2009 may continue who choose to pay 50100% of the Long Term Disability premium and cost share premiums will pay only 30% of the Extended Health Care premium (or Dental Plan premium) at 50/50 or these individuals may elect to transfer to premium if exempt from Health Care). New employees hired after the date of ratification will pay 100% employee paid Ltd of the Long Term Disability premiums and cost share will pay only 30% of the Extended Health Care premium (or Dental Plan premiumpremium if exempt from Health Care) at 70/30. If the Company company amends its drug plan to reimburse for generic prescription drugs only, where a generic drug is available, the change will be applied to bargaining unit members. At such time, if the employee chooses the name brand drug, they will be dispensed the brand name drug and pay the difference in cost between the generic drug and the name brand drug. LETTER OF UNDERSTANDING NO. 1: RE STAFF REDUCTIONS Xxx. May 6, 2014 Mr. Xxxx Xxxxxxxx Xxxxxx National Local Representative Unifor 0 Xxxxxxxx UNIFOR Local 87-M Southern Ontario Newsmedia Guild 0000 Xxxxx XxxxxxXx., Xxxx Xxxxxxx, XX X0X 0X0 Dear Xxx. XxxxxxMr. Xxxxxxxx: RE: STAFF REDUCTIONS METROLAND PENSION PLAN This letter confirms agreements reached during collective bargaining with respect to the commitment made by the Company during bargaining that, in the event that staff reductions become necessary during the term of the collective agreement, the Company will:Metroland Pension Plan.

Appears in 1 contract

Samples: Collective Agreement

BENEFITS AND COST SHARING. The Employer will continue to provide to full-time employees who have completed three (3) months of continuous service, the level of benefits and cost sharing contained in the attached Employer's booklet and table below: BENEFIT EMPLOYER SHARE EMPLOYEE SHARE Extended Health Care 50% 50% Dental Plan 5070% 5030% Group Life Insurance – Basic $25,000 100% 0% Option #1-100% of earnings 0% 100% Option #2-200% of earnings 0% 100% Dependent Life Insurance 100% 0% Accidental Death & Dismemberment Insurance 100% 0% Voluntary Accident Insurance 0% 100% Short Term Disability 100% 0% Long Term Disability 50% 50% OR *Long Term Disability *100% *Extended Health Care *70% *30% * Employees hired prior to 2009 may continue who choose to pay 50100% of the Long Term Disability premium and cost share will pay only 30 % of the Extended Health Care premium (or Dental Plan premium) at 50/50 or these individuals may elect to transfer to the premium if exempt from Health Care). New employees hired after May 6, 2014 will pay 100% employee paid Ltd of the Long Term Disability premiums and cost share will pay only 30% of the Extended Health Care premium (or Dental Plan premiumpremium if exempt from Health Care) at 70/30. If the Company company amends its drug plan to reimburse for generic prescription drugs only, where a generic drug is available, the change will be applied to bargaining unit members. At such time, if the employee chooses the name brand drug, they will be dispensed the brand name drug and pay the difference in cost between the generic drug and the name brand drug. LETTER OF UNDERSTANDING NO. 1: RE STAFF REDUCTIONS Xxx. Xxxxxxxx Xxxxxx National April 5, 2017 Mr. Xxxx Honywill Local Representative Unifor 0 Xxxxxxxx Local 87-M Southern Ontario Newsmedia Guild 0000 Xxxxx XxxxxxXx., Xxxx Xxxxxxx, XX X0X 0X0 Dear Xxx. XxxxxxMr. Honywill: RE: STAFF REDUCTIONS METROLAND PENSION PLAN This letter confirms agreements reached during collective bargaining with respect to the commitment made by the Company during bargaining that, in the event that staff reductions become necessary during the term of the collective agreement, the Company will:Metroland Pension Plan.

Appears in 1 contract

Samples: Collective Agreement

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BENEFITS AND COST SHARING. The Employer will continue to provide to full-time employees who have completed three (3) months of continuous service, the level of benefits and cost sharing contained in the attached Employer's booklet and table below: BENEFIT EMPLOYER SHARE EMPLOYEE SHARE Extended Health Care 50% 50% Dental Plan 5070% 5030% Group Life Insurance – Basic $25,000 100% 0% Option #1-100% of earnings 0% 100% Option #2-200% of earnings 0% 100% Dependent Life Insurance 100% 0100% Accidental Death & Dismemberment Insurance 100% 0% Voluntary Accident Insurance 0% 100% Short Term Disability 100% 0100% Long Term Disability 50% 50% OR ** Long Term Disability *100% ** Extended Health Care *70% *30% * Employees hired prior to 2009 may continue who choose to pay 50100% of the Long Term Disability premium and cost share will pay only 30 % of the Extended Health Care premium (or Dental Plan premium) at 50/50 or these individuals may elect to transfer to premium if exempt from Health Care). New employees hired after the date of ratification will pay 100% employee paid Ltd of the Long Term Disability premiums and cost share will pay only 30% of the Extended Health Care premium (or Dental Plan premiumpremium if exempt from Health Care) at 70/30. If the Company company amends its drug plan to reimburse for generic prescription drugs only, where a generic drug is available, the change will be applied to bargaining unit members. At such time, if the employee chooses the name brand drug, they will be dispensed the brand name drug and pay the difference in cost between the generic drug and the name brand drug. LETTER OF UNDERSTANDING NO. 1: RE STAFF REDUCTIONS Xxx. Xxxxxxxx Xxxxxx National May 6, 2014 Mr. Xxxx Honywill Local Representative Unifor 0 Xxxxxxxx UNIFOR Local 87-M Southern Ontario Newsmedia Guild 0000 Xxxxx XxxxxxXx., Xxxx Xxxxxxx, XX X0X 0X0 Dear Xxx. XxxxxxMr. Honywill: RE: STAFF REDUCTIONS METROLAND PENSION PLAN This letter confirms agreements reached during collective bargaining with respect to the commitment made by the Company during bargaining that, in the event that staff reductions become necessary during the term of the collective agreement, the Company will:Metroland Pension Plan.

Appears in 1 contract

Samples: Collective Agreement

BENEFITS AND COST SHARING. The Employer will continue to provide to full-time employees who have completed three (3) months of continuous service, the level of benefits and cost sharing contained in the attached Employer's booklet and table below: BENEFIT EMPLOYER SHARE EMPLOYEE SHARE Extended Health Care 50% 50% Dental Plan 5070% 5030% Group Life Insurance – Basic $25,000 100% 0% Option #1-100% of earnings 0% 100% Option #2-200% of earnings 0% 100% Dependent Life Insurance 100% 0% Accidental Death & Dismemberment Insurance 100% 0% Voluntary Accident Insurance 0% 100% Short Term Disability 100% 0% Long Term Disability 50% 50% OR *Long Term Disability *100% *Extended Health Care *70% *30% *Employees hired prior to 2009 may continue who choose to pay 50100% of the Long Term Disability premium and cost share premiums will pay only 30% of the Extended Health Care premium (or Dental Plan premium) at 50/50 or these individuals may elect to transfer to the premium if exempt from Health Care). New employees hired after May 6, 2014 will pay 100% employee paid Ltd of the Long Term Disability premiums and cost share will pay only 30% of the Extended Health Care premium (or Dental Plan premiumpremium if exempt from Health Care) at 70/30. If the Company company amends its drug plan to reimburse for generic prescription drugs only, where a generic drug is available, the change will be applied to bargaining unit members. At such time, if the employee chooses the name brand drug, they will be dispensed the brand name drug and pay the difference in cost between the generic drug and the name brand drug. LETTER OF UNDERSTANDING NO. 1: RE STAFF REDUCTIONS Xxx. Xxxxxxxx Xxxxxx National April 5, 2017 Mr. Xxxx Honywill Local Representative Unifor 0 Xxxxxxxx Local 87-M Southern Ontario Newsmedia Guild 0000 Xxxxx XxxxxxXx., Xxxx Xxxxxxx, XX X0X 0X0 Dear Xxx. XxxxxxMr. Honywill: RE: STAFF REDUCTIONS METROLAND PENSION PLAN This letter confirms agreements reached during collective bargaining with respect to the commitment made by the Company during bargaining that, in the event that staff reductions become necessary during the term of the collective agreement, the Company will:Metroland Pension Plan.

Appears in 1 contract

Samples: Agreement

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