Benefits Structuring Sample Clauses

Benefits Structuring. During the years of the PLP prior to the year of the leave, any benefits related to salary level shall be structured according to the salary the participant would have received during the deferral period had the employee not been in the PLP.
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Benefits Structuring. During the years of prior to the period of leave, any benefits related to salary level shall be structured according to the salary the participant would have received during the deferral period had the employee not been in the Premium Cost A participant's coverage for Life Insurance, Extended Health, Dental Plan and/or Pension Plan in effect immediately prior to the leave will be maintained during the leave of absence at the employee's option subject to the terms of the plan and approval of the insurance carrier.
Benefits Structuring. During the years of the prior to the year of the leave, any benefits related to salary level shall be structured according to the salary the employee would have received during the deferral period had the employee not been in the Premium Cost An employee's coverage for the Benefits Plan and the Employer Health Tax in effect immediately prior to the leave, will be maintained during the leave of absence at the employee's option, if eligibility conditions permit; however, all the premium costs of such plans shall be paid by the employee during the leave. During the year of the program that the employee is on leave, any benefits related to salary level shall be structured according to the salary the employee would have received immediately prior to the leave had the employee not been in the Vacation Absence on a shall be counted as service for the purpose of determining vacation entitlement, but shall not be counted as service for the purpose of determining severance pay entitlement. During the year preceding and the year following the leave, but not during the leave itself, the employee will receive full vacation and holiday benefits in accordance with this Agreement as if employment had been continuous and not interrupted by the year of the leave.

Related to Benefits Structuring

  • Sponsorship Benefits 3.1 INREV agrees to grant the Sponsor the above chosen and described sponsorship benefits.

  • Program Benefits Under the Probation Status, the Participating Contractor will be eligible for all contractor incentives, its customers will have access to financing offered through the Program, and income- eligible households will be eligible to receive Program incentives.

  • Implementation Arrangements A. Institutional Arrangements

  • Group Benefits To determine if a leave under the provisions of the Family and Medical Leave Act will be a paid or unpaid leave, contact the District’s Human Resources Department.

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