Common use of Benefits Coverage During Lay-off Clause in Contracts

Benefits Coverage During Lay-off. Benefits for laid off Employees shall cease on the effective date of Layoff with the exception of Medical, Extended Health and Dental, which shall be discontinued effective the end of the month in which the effective date of layoff occurs, unless the laid-off Employee elects to pay 100% of the premium for these benefits during each month of the Layoff, and subject to the approval of respective insurance carriers. Continuation of benefits coverage under this option will only be extended for a maximum of twelve (12) months from the date of Layoff.

Benefits Coverage During Lay-off. Benefits for laid laid-off Employees shall cease on the effective date of Layoff with the exception of Medical, Extended Health and Dental, which shall be discontinued effective the end of the month in which the effective date of layoff occurs, unless the laid-off Employee elects to pay 100% of the premium for these benefits during each month of the Layoff, and subject to the approval of respective insurance carriers. Continuation of benefits coverage under this option will only be extended for a maximum of twelve (12) months from the date of Layoff.

Benefits Coverage During Lay-off. Benefits for laid laid-off Employees shall cease on the effective date of Layoff with the exception of Medical, Extended Health and Dental, which shall be discontinued effective the end of the month in which the effective date of layoff occurs, unless the laid-off Employee elects to pay one hundred percent (100% %) of the premium for these benefits during each month of the Layoff, and subject to the approval of respective insurance carriers. Continuation of benefits coverage under this option will only be extended for a maximum of twelve (12) months from the date of Layoff.