Benefits on Retirement. Provided that all full-time employees who retire directly from the company have completed at least two (2) years continuous service, and are immediately in receipt of a pension benefit from the OPSEU/OPB and/or OMERS Pension Plan, and do not have duplication of coverage, excluding life insurance, through another provider, the following group insurance benefits shall be provided at no cost to the employee. Coverage will be provided for the employee and dependent spouse.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Benefits on Retirement. Provided that all full-time employees who retire directly from the company have completed at least two (2) years years’ continuous service, and are immediately in receipt of a pension benefit from the OPSEU/OPB OPSEU and/or OMERS Pension Plan, and do not have duplication of coverage, excluding life insurance, coverage through another provider, the following group insurance benefits shall be provided at no cost to the employee. Coverage will be provided for the employee and dependent spouse.:
(a) Life Insurance - $2,000;
(b) Dental; and
Appears in 1 contract
Samples: Collective Bargaining Agreement
