Common use of Change in Benefit Levels Clause in Contracts

Change in Benefit Levels. If the premium or any other amount paid by the Employer for any employee benefit provided for in this Agreement is reduced as a result of any legislative action, the amount of the saving, in full, shall be used to increase other benefits available to the employees, as may be mutually agreed to between the parties, failing which the matter shall be subject to the grievance and arbitration procedures contained in this Agreement, commencing at Stage II of the grievance procedure.

Change in Benefit Levels. ‌ (a) If the premium or any other amount paid by the Employer for any employee Employee benefit provided for in this Agreement is reduced as a result of any legislative action, the amount of the saving, in full, shall be used to increase other benefits available to the employeesEmployees, as may be mutually agreed to between the partiesParties, failing which the matter shall be subject to the grievance and arbitration procedures contained in this Agreement, commencing at Stage Step II of the grievance procedure.

Change in Benefit Levels. If the premium or any other amount paid by the Employer for any employee benefit provided for in this Agreement is reduced as a result of any legislative actionor other action by any competent authority of the federal or provincial government(s), the amount of the saving, in full, shall be used to increase other benefits available to the employees, as may be mutually agreed to between the partiesParties, failing which the matter shall be subject to the grievance and arbitration procedures contained in this Agreement, commencing at Stage II of the grievance procedure.