Benefits on Early Retirement. The Hospital will provide equivalent coverage to all employees who retire early and have not yet reached age 65 and who are in receipt of the Hospital’s pension plan benefits on the same basis as is provided to active employees for semi-private, extended health care and dental benefits. The Hospital will contribute the same portion towards the billed premiums of these benefits plans as is currently contributed by the Hospital to the billed premiums of active employees.
Benefits on Early Retirement. The Employer will provide equivalent coverage to all employees who retire early and have not yet reached age 65 and who are in receipt of pension plan benefits on the same basis as is provided to active employees for semi-private, extended health care and dental benefits. The Employer will contribute the same portion towards the billed premiums of these benefit plans as is currently contributed by the Employer to the billed premiums of active employees.
Benefits on Early Retirement. The Hospital will provide equivalent coverage to all employees who retire early and have not yet reached age and who are in receipt of the Hospital’s pension plan benefits on the same basis as is provided to active employees for extended health care and dental benefits. The Hospital will contribute the same portion towards the billed premiums of these benefits plans as is currently contributed by the Hospital to the billed premiums of active employees. A copy of all current master policies of the benefits referred to in this article shall be provided to the Union. It is understood that the Hospital may at any time substitute another carrier for any plan (other than provided the benefits conferred thereby are substantially the same. The Hospital shall notify the Union sixty (60) days in advance of making such a substitution to explain the proposed change and to ascertain the views of the employees. Upon a request by the Union, the Hospital shall provide to the Union, full specifications of the benefit programs contracted for and in effect for employees covered herein. STANDARD Central Guide Document October The participating hospitals and agree that the maintenance of benefits provided for in this collective agreement at the most cost-effective level is an important objective. Accordingly, the parties agree that a joint investigation of a Benefits Trust is worthwhile in order to determine if significant reductions in costs of benefits can be achieved. The parties are committed to: Meet within the first quarter following the ratification of this agreement and every quarter thereafter to determine the following: The methods by which the investigation will take place Identify potential sources of funding for investigation of the benefits Trust. Identification of the appropriate method to determine the feasibility of the Trust. All present employees enrolled in the Hospital’s pension plan shall maintain their enrolment in the plan subject to its terms and conditions. New employees and employees not yet eligible for membership in the plan shall, as a condition of employment, enrol in the plan when eligible in accordance with its terms and conditions. On date of hire or during appropriate orientation the Hospital will provide full and part-time employees with a copy of the Hospitals of Ontario Pension Plan benefit booklet. STANDARD Central Guide Document October A part-time employee shall receive in lieu of all fringe benefits (being those benefits to an employee...
Benefits on Early Retirement. Employees who retire on or after the date of ratification of this collective agreement and have not yet reached the age of sixty-five (65) and are in receipt of the Hospital’s pension plan benefits will be provided with semi-private, extended health care, and dental benefits by the Hospital on the same basis as is provided to active employees, as long as the retiree pays the Employer the full amount of the monthly premiums in advance.
Benefits on Early Retirement. The Centre will provide equivalent coverage to all employees who retire early and have not yet reached age and who are in receipt of the Centre's pension plan benefits on the same basis as is provided to active employees for semi-private, extended health care and dental benefits. The Centre will contribute the same portion towards the billed premiums of these benefits plans as is currently contributed by the Centre to the billed premiums of active employees. Change of Carrier It is understood that the Centre may at any time substitute another carrier for any plan (other than provided the benefits conferred thereby are substantially the same. Before making such a substitution, the Centre shall notify the Union to explain the proposed change and to ascertain the views of the employees. Upon a request by the Union, the Centre shall provide to the Union, full specifications of the benefit programs contracted for and in effect for employees covered herein. The participating hospitals and agree that the maintenance of benefits provided for in this collective agreement at the most cost-effective level is an important objective. Accordingly, the parties agree that a joint investigation of a Benefits Trust is worthwhile in order to determine if significant reductions in costs of benefits can be achieved. The parties are committed to: meet within the first quarter following the ratification of this agreement and every quarter thereafter to determine' the following: the methods by which the investigation will take place identify potential sources of funding for investigation of the benefits Trust. identification of the appropriate method to determine the feasibility of the Trust.
Benefits on Early Retirement. The Hospital will provide equivalent coverage to all employees who retire early and have not reached age 65 and who are in receipt of the Hospital's pension plan benefits on the same basis as is provided to active employees for semi-private, extended health care and dental benefits. The Hospital will contribute the same portion towards the billed premiums of these benefit plans as is currently contributed by the hospital to the billed premiums of active employees. The early retired employee's share towards the billed premium of the insured benefit will be paid by preauthorized withdrawal from the bank account chosen by the retiree to cover a twelve-month billing period.
Benefits on Early Retirement. The Employer shall endeavour to make provision with its insurer to allow an employee who hereafter retires early under the terms of the Employer’s pension plan, to maintain to age sixty- five (65) at the retiree's full cost, his or her participation in the following group plans:
Benefits on Early Retirement. The Hospital will provide equivalent coverage to all employees who retire early and have not yet reached age and who are in receipt of the Hospital's pension plan benefits on the same basis as is provided to active employees for semi-private, extended health care and dental benefits. The Hospital will contribute the same portion towards the billed premiums of these benefits plans as is currently contributed by the Hospital to the billed premiums of active employees. A copy of all current master policies of the benefits referred to in this article shall be provided to the union. It is understood that the Hospital may at any time substitute another carrier for any plan (other than provided the benefits conferred thereby are substantially the same. Before making such a substitution, the Hospital shall notify the Union to explain the proposed change and to ascertain the views of the employees. Upon a request by the Union, the Hospital shall provide to the Union, full specifications of the benefit programs contracted for and in effect for employees covered herein.
Benefits on Early Retirement. The Employer will provide equivalent coverage to all employees who retire early and have not yet reached age 65 and who are in receipt of the Employer’s pension plan benefits on the same basis as is provided to active employees for semi-private, extended health care and dental benefits. The Employer will contribute the same portion towards the billed premiums of these benefits plans as is currently contributed by the Employer to the billed premiums of active employees. The early-retired employee’s share towards the billed premium of the insured benefit plans will be deducted from his/her monthly pension cheque.
Benefits on Early Retirement. The Centre shall endeavour to make provision with its insurer to allow a nurse who hereafter retires early under the terms of the Centre's pension plan, to maintain to age sixty-five (65) at the nurse's full cost, his/her participation in the following group plans:
i) Extended Health Care, including Vision Care and Hearing Aid Allowance;
ii) Dental Plan The nurse will pay the premiums directly to the carrier, and any issues which arise regarding coverage will be issues to be resolved between the nurse and the carrier.
