BENEFITS AND PAYMENT IN LIEU OF BENEFITS Sample Clauses

BENEFITS AND PAYMENT IN LIEU OF BENEFITS. Auxiliary Employees shall be paid an amount equal to twelve percent (12%) of their regular earnings which premium payment shall be considered to be in lieu of all employee benefits, including annual vacation, public holidays, group life, medical, extended health, dental, and those providing for time off with pay, provided however, that those Auxiliary Employees, upon the completion of 1500 hours of work within two
Sample 1Sample 2Sample 3See All (9)
AutoNDA by SimpleDocs
BENEFITS AND PAYMENT IN LIEU OF BENEFITS. (a) Auxiliary Employees shall be paid an amount equal to twelve percent (12%) of their regular earnings which premium payment shall be considered to be in lieu of all employee benefits set forth in Article 6 of this Agreement, provided however that those Auxiliary Employees who have gained entry onto the Auxiliary Seniority List shall have such pay in lieu of benefits increased to sixteen percent (16%) of their regular earning.
Sample 1
BENEFITS AND PAYMENT IN LIEU OF BENEFITS. (a) Auxiliary Employees shall be paid an amount equal to twelve percent (12%) of their regular earnings which premium payment shall be considered to be in lieu of all employee benefits, including annual vacation, public holidays, group life, medical, extended health, dental, and those providing for time off with pay, provided however, that those Auxiliary Employees, upon the completion of hours ,of work within two (2) consecutive calendar years, shall have such pay in lieu of benefits increased to sixteen percent 6%) of their regular earnings. A Regular Employee who occupies a position with a regular schedule of core hours each week equal to or greater than twenty (20) hours shall receive the following benefits: a payment of ten point two percent (10.2%) of regular earnings in lieu of vacation and public holiday pay; Medical, Extended Health, Group Life (including Accidental Death and Dismemberment and Dental on the same basis as full-time employees except the eligibility periods shall be calendar months: the Employer shall pay their contractual portion of the premiums for Extended Health, Group Life, and Dental, and the employee shall pay of the premium for Medical; sick leave coverage on a prorated basis (including a proration of the maximum sick leave accumulation), calculated on the same proportionate basis as the Regular Employee's weekly schedule of core hours bears to the full-time hours for that class of positions; Regular Time Employees shall qualify after the same eligibility period applicable to full-time employees except it shall be six (6) calendar months for Regular Employees; and SCHEDULE Page coverage on an approximate net pay basis after completion of six
Sample 1
BENEFITS AND PAYMENT IN LIEU OF BENEFITS. (a) Auxiliary Employees shall be paid an amount equal to twelve percent (12%) of their regular earnings which premium payment shall be considered to be in lieu of all employee benefits, including annual vacation, public holidays, group life, medical, extended health, dental, and those providing for time off with pay, provided however, that those Auxiliary Employees, upon the completion of one thousand and five hundred (1500) hours of work within two (2) consecutive calendar years, shall have such pay in lieu of benefits increased to sixteen percent (16%) of their regular earnings.
Sample 1
BENEFITS AND PAYMENT IN LIEU OF BENEFITS. (a) Regular Part-Time and Auxiliary Employees shall be paid an amount equal to twelve percent (12%) of their regular earnings which premium payment shall be considered to be in lieu of all employee benefits, including annual vacation, public holidays, group life, medical, extended health, dental, and those providing for time off with pay, provided however, that those Auxiliary Employees, upon the completion of one thousand five hundred (1,500) hours of work within two (2) consecutive calendar years, shall have such pay in lieu of benefits increased to sixteen percent (16%) of their regular earnings. Regular Part-Time Employees who have worked the equivalent of six (6) months worth of hours shall have such pay in lieu of benefits increased to sixteen percent (16%) of their regular earnings and shall be eligible for the benefits contained in paragraph (b) below.
Sample 1
BENEFITS AND PAYMENT IN LIEU OF BENEFITS. Casual Employees shall be paid an amount equal to twelve percent (12%) of their regular earnings which premium payment shall be considered to be in lieu of all employee benefits, including annual vacation, public holidays, group life, medical, extended health, dental, and those providing for time off with pay, provided however, that those Casual Employees, upon the completion of 1500 (effective 2004 July 16, 1200) hours of work within two (2) consecutive calendar years, shall have such pay in lieu of benefits increased to sixteen percent (16%) of their regular earnings.
Sample 1

Related to BENEFITS AND PAYMENT IN LIEU OF BENEFITS

  • Payment in Lieu of Benefits a) All employees not transferred to the Trust who received pay in lieu of benefits under a collective agreement in effect as of August 31, 2014, shall continue to receive the same benefit.

  • Termination of Benefits Except as provided in Section 2 above or as may be required by law, Executive’s participation in all employee benefit (pension and welfare) and compensation plans of the Company shall cease as of the Termination Date. Nothing contained herein shall limit or otherwise impair Executive’s right to receive pension or similar benefit payments that are vested as of the Termination Date under any applicable tax-qualified pension or other plans, pursuant to the terms of the applicable plan.

  • Death Benefits Upon the Executive's death during the Contract Period, his estate shall not be entitled to any further benefits under this Agreement.

  • Retention of Benefits Union leave under the following four (4) sections will be unpaid. The Employer will maintain regular pay and xxxx the Union for the costs of the employee’s salary and benefits. If the Union member is part-time or casual, and the leave is greater than their normal work hours, the Employer will pay the employee for the full length of the leave requested by the Union. The Employer will xxxx the Union for these days as noted above. The Union will pay these invoices within twenty-eight (28) days. Union leave is not unpaid leave for the purposes of Article 22.02 [i.e. such leave will not affect the employee’s benefits, seniority or increment anniversary date].

  • Continuation of Benefits Following the termination of Executive’s employment hereunder, the Executive shall have the right to continue in the Company’s group health insurance plan or other Company benefit program as may be required by COBRA or any other federal or state law or regulation.

  • Duration of Benefits Eligibility for Income Protection benefits will cease upon the earliest of the following dates:

  • Supplemental Benefits The employer shall maintain a “Supplemental Unemployment Benefits Plan” pursuant to the Employment Insurance Act and Regulations. The employer shall make amendments as appropriate to ensure that the Plan provides the maximum permissible benefits in conjunction with Article 17.03.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!