Benefits While Sample Clauses

Benefits While. On Leave The chart below provides a brief overview of benefits available to employees while on a leave of absence. For full details, consult the governing provisions of this Agreement. Leave Type Medical/ Dental/ Vision Basic Life Voluntary Life Right to return to position Seniority Length of Leave Personal (PLOA) To end of month and then COBRA 180 days only – at employee’s expense Portable coverage at employee’s expense* Yes 90 days 90 days Furlough Until pay continuation Ceases Company paid for 90 days Portable coverage at employee’s expense* Based on your recall rights Less than 10 years adj. to Pay and Vacation Seniority after 90 days. Less than 10 yrs / length of service to max of 6 yrs. More than 10 yrs / lifetime Paid Medical Yes Company paid Active coverage at employee’s expense Yes Yes Yes Military Company Policy Company policy Portable coverage at employee’s expense* Yes Yes Up to five years EIS Active rates for ½ of leave and then COBRA Company paid Active rates at employee’s expense Yes Continues for length of leave Six years or length of service Education To end of month and then COBRA 180 days only – at employee’s expense Portable coverage at employee’s expense* If position is available 90 days Length of program *Employee can exercise right to continue (“port”) coverage directly with the life insurance carrier. Premiums for portable coverage may vary from the active premium cost.
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Benefits While. On Leave The chart below provides a brief overview of benefits available to employees while on a leave of absence. For full details, consult the governing provisions of this Agreement. Leave Type Medical/ Dental/ Vision Basic Life Voluntary Life Right to return to position Seniority Length of Leave Personal (PLOA) To end of month and then COBRA Yes 90 days 90 days Furlough Until pay continuation Ceases Based on your recall rights Less than 10 years adj. to Pay and vacation seniority after 90 days. Less than 10 years / length of service. More than 10 years / lifetime Paid Medical Yes Yes Yes Yes Yes Yes Military Company policy across the board Yes Yes Up to 5 years EIS Active rates for ½ of leave and then COBRA Yes for Company contribution Yes Continues for length of leave 6 years or length of service Education To end of month and then COBRA If position is available 90 days Length of program *Employee can exercise right to continue (“port”) coverage directly with the life insurance carrier. Premiums for portable coverage may vary from the active premium cost.
Benefits While. On Parental Leave Of Absence Parental Leave of Absence shall be with employee benefits, if the unit member is otherwise eligible for these benefits. The District-provided benefits shall be the same as what the unit member received while on active status. For example, if the unit member received full District-provided benefits while active, then he/she will receive full District-provided benefits while on Parental Leave of Absence. If the unit member received partial District-provided benefits while active, then he/she will receive the same partial benefits while on Parental Leave of Absence.

Related to Benefits While

  • Benefits Plans During the Employment Period, You will be eligible to participate in all benefit plans in effect for executives and employees of the Company, subject to the terms and conditions of such plans.

  • Retirement Plans (a) In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (“Qualified Plans”) (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, Transfer Agent shall provide the following administrative services: (i) Establish a record of types and reasons for distributions (i.e., attainment of eligible withdrawal age, disability, death, return of excess contributions, etc.); (ii) Record method of distribution requested and/or made; (iii) Receive and process designation of beneficiary forms requests; (iv) Examine and process requests for direct transfers between custodians/trustees, transfer and pay over to the successor assets in the account and records pertaining thereto as requested; (v) Prepare any annual reports or returns required to be prepared and/or filed by a custodian of a Retirement Plan, including, but not limited to, an annual fair market value report, Forms 1099R and 5498; and file same with the IRS and provide same to Participant/Beneficiary, as applicable; and (vi) Perform applicable federal withholding and send Participants/Beneficiaries an annual TEFRA notice regarding required federal tax withholding. (b) Transfer Agent shall arrange for PFPC Trust Company to serve as custodian for the Retirement Plans sponsored by a Fund. (c) With respect to the Retirement Plans, Transfer Agent shall provide each Fund with the associated Retirement Plan documents for use by the Fund and Transfer Agent shall be responsible for the maintenance of such documents in compliance with all applicable provisions of the Code and the regulations promulgated thereunder.

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