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 70% 30% 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 who choose to pay 100% of the Long Term Disability premiums will pay only 30% of the Extended Health Care premium (or Dental Plan premium if exempt from Health Care). February 18, 1998 Xx. Xxxxxx Law Local Representative Communications, Energy and Paperworkers Union of Canada Dear Mr. Law: 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 2 contracts

Samples: Agreement, 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 70% 30% 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 who choose to pay 100% of the Long Term Disability premiums will pay only 30% of the Extended Health Care premium (or Dental Plan premium if exempt from Health Care). February 18, 1998 Xx. Xxxxxx Law Xxx Local Representative Communications, Energy and Paperworkers Union of Canada Dear Mr. LawXxx: 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 2 contracts

Samples: Agreement, Agreement

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