Cessation of Benefits for Full Time Continuing Employees Sample Clauses

Cessation of Benefits for Full Time Continuing Employees. Employees who choose to work beyond age sixty-five (65) shall be entitled to the benefits set out in Articles 27.03 to 27.05 (Extended Health Care Plan, Dental Plan, Health Spending Account) and Article 27.09 (Accidental Death and Dismemberment Insurance) up to December 31 of the year in which the Employee attains age seventy-one (71). In addition, Article 27.08 (Life Insurance) shall cease on December 31 of the year in which an Employee attains age sixty-nine (69). Employees who choose to work beyond age sixty-five (65) will continue to be eligible for Short Term Disability under Article 27.06 for six (6) months at one hundred percent (100%) salary up to December 31 of the year in which an Employee attains age seventy-one (71). Long Term Disability under Article 27.07 benefits cease to be available to an Employee beyond age sixty-five (65). However, in order to take into account the requirement to fulfil an elimination period of three hundred and sixty-five (365) days under the Short Term Disability prior to an application for Long Term Disability, payroll deductions from the Employee will cease at age sixty-four (64) since the Long Term Disability benefit will not be available to the Employee once they attain age sixty-five (65).
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Cessation of Benefits for Full Time Continuing Employees. Employees who choose to work beyond age sixty-five (65) shall be entitled to AD&D Insurance up to December 31 of the year in which the Employee attains age seventy-one (71). In addition, Article 27.08 (Life Insurance) shall cease on December 31 of the year in which an Employee attains age sixty- nine (69). Employees who choose to work beyond age sixty-five (65) shall continue to be eligible for Short Term Disability under Article 27.06 for six (6) months at one hundred percent (100%) salary up to December 31 of the year in which an Employee attains age seventy-one (71). Long Term Disability benefits under Article 27.07 cease to be available to an Employee beyond age sixty- five (65). However, in order to take into account the requirement to fulfil an elimination period of three hundred and sixty-five (365) days under the Short Term Disability program prior to an application for Long Term Disability, payroll deductions from the Employee shall cease at age sixty-four (64) since the Long Term Disability benefit shall not be available to the Employee once they attain age sixty-five (65).
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Related to Cessation of Benefits for Full Time Continuing Employees

  • Probation for Newly Hired Employees (a) The Employer may reject a probationary employee for just cause. A rejection during probation shall not be considered a dismissal for the purpose of Article 11.2

  • Refresh Provision for Permanent Employees Permanent Employees returning from LTD or workplace insurance leave to resume their regular working hours must complete eleven (11) consecutive working days at their regular working hours to receive a new allocation of sick/short-term disability leave. If the Employee has a recurrence of the same illness or injury, s/he is required to apply to reopen the previous LTD or WSIB claim, as applicable. The Local union and Local school board agree to continue to cooperate in the implementation and administration of early intervention and safe return to work processes as a component of the Short-Term Leave and Long-Term Disability Plans. In the event the Employee exhausts his/her sick/short-term disability leave allocation from the previous year and continues to work part-time, their salary will be reduced accordingly and a pro-rated sick/short-term allocation for the employee’s working portion of the current year will be provided. The new pro-rated sick/short-term leave allocation may not be used to top-up from part-time to full-time hours. Any changes to hours of work during a fiscal year shall result in an adjustment to the allocation.

  • Retroactive Pay for Terminated Employees An employee who has retired or severed his/her employment between the termination date of this Agreement and the effective date of the new Agreement shall receive the full retroactivity of any increase in wages, salaries or other benefits.

  • Maintaining Eligibility for Employer Contribution The employer's contribution continues as long as the employee remains on the payroll in an insurance eligible position. Employees who complete their regular school year assignment shall receive coverage through August 31.

  • Transition to Retirement 24.1 An Employee may advise their Employer in writing of their intention to retire within the next five years and participate in a retirement transition arrangement.

  • Eligibility for Employer Contribution This section describes eligibility for an Employer Contribution toward the cost of coverage.

  • Benefits for Part-Time Employees A part-time employee shall receive in lieu of all fringe benefits (being those benefits to an employee, paid in whole or part by the Hospital, as part of direct compensation or otherwise, including holiday pay, save and except salary, vacation pay, standby pay, call back pay, reporting pay, responsibility allowance, jury and witness duty, bereavement pay, and maternity supplemental unemployment benefits) an amount equal to 14% of his/her regular straight time hourly rate for all straight time hours paid."

  • Eligibility for Overtime Compensation (a) Overtime compensation rates for all hours worked in excess of the workday and workweek identified below shall be as follows:

  • Eligibility for Sick Leave with Pay Employees shall be eligible for sick leave with pay immediately upon accrual.

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