Common use of Benefits on Early Retirement Clause in Contracts

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 Centre Hospital will provide equivalent coverage to all employees who retire early and have not yet reached age and who are in receipt of the CentreHospital'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 Hospital will contribute the same portion towards the billed premiums of these benefits plans as is currently contributed by the Centre Hospital to the billed premiums of active employees. Change of Carrier It is understood that the Centre Hospital may at any time substitute another carrier for any plan (other than provided the benefits conferred thereby conferredthereby are substantially the same. Before making such a substitution, the Centre 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 Centre Hospital shall provide to the Union, full specifications of specificationsof 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 Meet within the first quarter following the ratification of this agreement and every quarter thereafter to determine' determine the following: the The methods by which the investigation will take place identify Identify potential sources of funding for investigation of the benefits Trust. identification Identification of the appropriate method to determine the feasibility of the Trust.

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 ’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 The Centre 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 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 Meet within the first quarter following the ratification of this agreement and every quarter thereafter to determine' determine the following: the o The methods by which the investigation will take place identify place. o Identify potential sources of funding for investigation of the benefits Trust. identification of o Identificationof the appropriate method to determine the feasibility of the Trust.

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 Centrewill contributethe same portion towards portiontowards 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 understoodthat 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 Unionto 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 investigationof a Benefits Trust is worthwhile in order to determine if significant reductions in costs of benefits can be achieved. The parties are committed tocommittedto: meet within the first quarter following the ratification of ratificationof this agreement and every quarter thereafter to determine' the followingdeterminethefollowing: the methods by which the investigation will take investigationwilltake place identify potential sources of funding for investigation of investigationof the benefits Trust. identification of identificationof the appropriate method to determine the feasibility of the Trust.

Benefits on Early Retirement. The Centre Employer will provide equivalent coverage to all employees who retire early and have not yet reached age and who are in receipt of the CentreEmployer'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 Employer will contribute the same portion towards the billed premiums of these benefits plans as is currently contributed by the Centre Employer to the billed premiums of active employees. Change of Carrier It is understood that the Centre Employer 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 Employer 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 Employer 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 Meet within the first quarter following the ratification of this agreement and every quarter thereafter to determine' determine the following: the The methods by which the investigation will take place identify Identify potential sources of funding for investigation of the benefits Trust. identification Identification of the appropriate method to determine the feasibility of the Trust.