Benefits of Layoff Sample Clauses

Benefits of Layoff a) In the event of a lay-off, provided the employee deposits with the Home her share of insured benefits for the succeeding month, the Employer shall pay its share of the insured benefit premium for a period up to one (1) month from the end of the month in which the lay-off occurs, or until the laid off employee is employed elsewhere, whichever comes first.
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Benefits of Layoff. In the event of a lay-off, the Employer shall pay the life insurance benefit premium for a period up to one (1) month from the end of the month in which the lay-off occurs, or until the laid off employee is employed elsewhere, whichever comes first.
Benefits of Layoff. In the event of a layoff of a full-time employee, the Hospital shall pay its share of insured benefits premiums for three (3) months following the end of the month in which the lay-off occurs.
Benefits of Layoff. In the event of a layoff of a full-time employee, the Hospital shall pay its share of insured benefits premiums up three (3) months from the end of the month in which the lay-off occurs or until the laid off employee is employed elsewhere, whichever occurs first. The employee may, if possible under the terms and conditions of the insurance benefits program, continue to pay the full premium cost of a benefit or benefits for up to three (3) months following the end of the month in which the Hospital pays its share of insured benefits. Such payment can be made through the payroll office of the Hospital provided that the employee informs the Hospital of his or her intent to do so at the time of the layoff, and arranges with the Hospital the appropriate payment schedule.

Related to Benefits of Layoff

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one) ☐ - DO NOT have retirement plans. ☐ - HAVE retirement plans. The Couple has the following retirement plans: (“Retirement Plans”). Upon signing this Agreement, the Retirement Plans shall be owned by: (check one) ☐ - Husband ☐ - Wife ☐ - Both Spouses ☐ - Other. .

  • Early Retirement Benefits If elected in the Adoption Agreement, an Early Retirement benefit may be available to individuals who meet the age and Service requirements that are specified in the Adoption Agreement. A Participant who attains his or her Early Retirement Date will become fully vested, regardless of any vesting schedule which otherwise might apply. If a Participant separates from Service with a nonforfeitable benefit before satisfying the age requirements, but after having satisfied the Service requirement, the Participant will be entitled to elect an Early Retirement benefit upon satisfaction of the age requirement.

  • 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.

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