Continuation of Benefit Plans. 8.05.01 Subject to eligibility requirements as specified by the insurer, a teacher who takes early retirement as specified by Article 3.09 may retain membership in any of the Benefit Plans to which he/she belongs at the time of retirement until he/she attains the age of sixty-five (65) years. 8.05.02 Subject to eligibility requirements as specified by the insurers, a teacher who has exhausted his/her sick leave or is unable to perform his/her duties for reason of disability may retain the right to participate in any of the Benefit Plans to which he/she belongs until he/she attains the age of seventy (70) years. 8.05.03 To maintain participation and coverage under the Collective Agreement, the qualifying teacher must agree to participate in a pre-authorized debit plan to pay the full annual premiums. The teacher shall supply the Employer with a VOID cheque from his/her bank account. Deductions will be made from the individual’s account on the 15th of each month. The Employer reserves the right to discontinue the participation in the Benefit Plans for anyone should any two payments be denied for reason of insufficient funds. The Employer reserves the right to establish a separate group for individuals, as outlined in Articles 8.05.01 and 8.05.02 above, with premiums determined on the basis of the participants in the group. 8.05.04 In the event that a teacher dies while under contract with the Employer, the Employer will pay the premiums for the continuation of the applicable Employer sponsored benefits to the last day of the second month following the month in which the death occurs. 8.05.05 A teacher who has exhausted his/her accumulated sick leave credit, and is on an approved leave of absence without pay for medical reasons, shall continue to be enrolled in the benefits plan in effect at the time the leave commenced as if the teacher were still receiving salary, until the teacher returns to active employment, begins receiving long term disability benefits, or up to a maximum of ninety (90) working days following the commencement of the leave, whichever is sooner.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Continuation of Benefit Plans. 8.05.01 a) Subject to eligibility requirements as specified by the insurer, a teacher Teacher who takes early retirement as specified by Article 3.09 may retain membership in any of the Benefit Plans to which he/she belongs at the time of retirement until he/she attains the age of sixty-five (65) years. Early retirement shall mean retirement between ages fifty-five (55) to sixty-five (65) on a pension pursuant to the Teachers’ Pension Plan with payment to begin within two (2) months of the retirement date. Notwithstanding the foregoing, the minimum early retirement age of fifty-five (55) is waived for the duration of this Collective Agreement.
8.05.02 b) Subject to eligibility requirements as specified by the insurers, a teacher Teacher who is terminated by the Employer because he/she has exhausted his/her sick leave or because he/she is unable to perform his/her duties for reason of disability may retain the right to participate in any of the Benefit Plans Group Benefits to which he/she belongs until he/she attains the age of seventy sixty-five (7065) years.
8.05.03 c) To maintain participation and coverage under the Collective Agreement, the qualifying teacher retired or terminated Teacher must agree to participate in a pre-authorized preauthorized debit plan to pay the full annual premiums. The teacher retired or terminated Teacher shall supply the Employer with a VOID cheque from his/her bank account. Deductions will be made from the individual’s account on the 15th 10th of each month. The Employer reserves the right to discontinue the participation in the Benefit Plans for anyone should any two payments be denied for reason of insufficient funds. The Employer reserves the right to establish a separate group for individuals, as outlined in Articles 8.05.01 (a) and 8.05.02 (b) above, with premiums determined on the basis of the participants in the group.
8.05.04 In the event that a teacher dies while under contract with the Employer, the Employer will pay the premiums for the continuation of the applicable Employer sponsored benefits to the last day of the second month following the month in which the death occurs.
8.05.05 A teacher who has exhausted his/her accumulated sick leave credit, and is on an approved leave of absence without pay for medical reasons, shall continue to be enrolled in the benefits plan in effect at the time the leave commenced as if the teacher were still receiving salary, until the teacher returns to active employment, begins receiving long term disability benefits, or up to a maximum of ninety (90) working days following the commencement of the leave, whichever is sooner.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Continuation of Benefit Plans. 8.05.01 L8.05.01 Subject to eligibility requirements as specified by the insurer, a teacher who takes early retirement as specified by Article 3.09 L3.09 may retain membership in any of the Benefit Plans to which he/she belongs at the time of retirement until he/she attains the age of sixty-five (65) years.
8.05.02 L8.05.02 Subject to eligibility requirements as specified by the insurers, a teacher who has exhausted his/her sick leave or is unable to perform his/her duties for reason of disability may retain the right to participate in any of the Benefit Plans to which he/she belongs until he/she attains the age of seventy (70) years.
8.05.03 L8.05.03 To maintain participation and coverage under the Collective Agreement, the qualifying teacher must agree to participate in a pre-authorized debit plan to pay the full annual premiums. The teacher shall supply the Employer with a VOID cheque from his/her bank account. Deductions will be made from the individual’s account on the 15th of each month. The Employer reserves the right to discontinue the participation in the Benefit Plans for anyone should any two payments be denied for reason of insufficient funds. The Employer reserves the right to establish a separate group for individuals, as outlined in Articles 8.05.01 L8.05.01 and 8.05.02 L8.05.02 above, with premiums determined on the basis of the participants in the group.
8.05.04 L8.05.04 In the event that a teacher dies while under contract with the Employer, the Employer will pay the premiums for the continuation of the applicable Employer sponsored benefits to the last day of the second month following the month in which the death occurs.
8.05.05 L8.05.05 A teacher who has exhausted his/her accumulated sick leave credit, and is on an approved leave of absence without pay for medical reasons, shall continue to be enrolled in the benefits plan in effect at the time the leave commenced as if the teacher were still receiving salary, until the teacher returns to active employment, begins receiving long term disability benefits, or up to a maximum of ninety (90) working days following the commencement of the leave, whichever is sooner.
Appears in 1 contract
Samples: Collective Agreement
Continuation of Benefit Plans. 8.05.01 a) Subject to eligibility requirements as specified by the insurer, a teacher who takes early retirement as specified by Article 3.09 may retain membership in any of the Benefit Plans to which he/she belongs at the time of retirement until he/she attains the age of sixty-five (65) years. Early retirement shall mean retirement between ages fifty-five (55) to sixty-five (65) on a pension pursuant to the Teachers’ Pension Plan with payment to begin within two (2) months of the retirement date. Notwithstanding the foregoing, the minimum early retirement age of fifty-five (55) is waived for the duration of this Collective Agreement.
8.05.02 b) Subject to eligibility requirements as specified by the insurers, a teacher who is terminated by the Employer because he/she has exhausted his/her sick leave or because he/she is unable to perform his/her duties for reason of disability may retain the right to participate dis in any of the Benefit Plans Group Benefits to which he/she belongs until he/she attains the age of seventy sixty-five (7065) years.
8.05.03 c) To maintain participation and coverage under the Collective Agreement, the qualifying retired or terminated teacher must agree to participate in a pre-authorized preauthorized debit plan to pay the full annual premiums. The retired or terminated teacher shall supply the Employer with a VOID cheque from his/her bank account. Deductions will be made from the individual’s account on the 15th of each month. The Employer reserves the right to discontinue the participation in the Benefit Plans for anyone should any two payments be denied for reason of insufficient funds. The Employer reserves the right to establish a separate group for individuals, as outlined in Articles 8.05.01 and 8.05.02 above, with premiums determined on the basis of the participants in the group.
8.05.04 In the event that a teacher dies while under contract with the Employer, the Employer will pay the premiums for the continuation of the applicable Employer sponsored benefits to the last day of the second month following the month in which the death occurs.
8.05.05 A teacher who has exhausted his/her accumulated sick leave credit, and is on an approved leave of absence without pay for medical reasons, shall continue to be enrolled in the benefits plan in effect at the time the leave commenced as if the teacher were still receiving salary, until the teacher returns to active employment, begins receiving long term disability benefits, or up to a maximum of ninety (90) working days following the commencement of the leave, whichever is sooner.a
Appears in 1 contract
Samples: Collective Agreement
Continuation of Benefit Plans. 8.05.01 Subject If the Executive's employment ------------------------------ is terminated under the circumstances described in subparagraph 6, b, hereof (relating to eligibility requirements as specified by termination following a Change in Control), then for a period of eighteen (18) months following the insurerDate of Termination, a teacher who takes early retirement as specified by Article 3.09 may retain membership the Company shall maintain in any full force and effect for the continued benefit of the Executive and his eligible dependents and beneficiaries, the employee benefits under the Benefit Plans which they were eligible to receive immediately prior to the Date of Termination, subject to the terms and conditions of the Benefit Plans Plans, at no greater cost to which he/she belongs at the time of retirement until he/she attains Executive than he would have incurred had he remained in the age of sixty-five (65) years.
8.05.02 Subject to eligibility requirements as specified by the insurers, a teacher who has exhausted his/her sick leave or is unable to perform his/her duties for reason of disability may retain the right to participate in any employ of the Company; provided that the Executive's continued participation or the participation of such eligible dependents or beneficiaries must be permissible under the general terms and provisions of such Benefit Plans to which he/she belongs until he/she attains and shall not jeopardize the age of seventy (70) years.
8.05.03 To maintain participation and coverage Plans' qualified status under the Collective Agreement, Internal Revenue Code or the qualifying teacher must agree to participate in a pre-authorized debit plan to pay the full annual premiumsrules and regulations promulgated thereunder. The teacher shall supply the Employer with a VOID cheque from his/her bank account. Deductions will be made from the individual’s account on the 15th of each month. The Employer reserves the right to discontinue the participation in the Benefit Plans for anyone should any two payments be denied for reason of insufficient funds. The Employer reserves the right to establish a separate group for individuals, as outlined in Articles 8.05.01 and 8.05.02 above, with premiums determined on the basis of the participants in the group.
8.05.04 In the event that a teacher dies while under contract with the EmployerExecutive's participation or the participation of such eligible dependents or beneficiaries in any such Benefit Plan is barred pursuant to the preceding sentence, the Employer will pay Company shall arrange to provide the premiums Executive or such eligible dependents or beneficiaries, for the continuation period of coverage specified in the preceding sentence, with benefits substantially similar to those which the Executive and such eligible dependents or beneficiaries were entitled to receive under such Benefit Plans immediately prior to the Date of Termination, or with cash approximately equal in value to the benefit which otherwise would have been made available. Upon the Executive obtaining other employment or becoming self-employed, the Company's obligations under this subparagraph 6, h, hereof shall cease effective upon the date of the applicable Employer sponsored Executive's eligibility to participate in his new employer's benefits plans or in any benefit plans established by the Executive pursuant to his self-employment, irrespective of whether such benefit plans are comparable to the last day of the second month following the month in which the death occurs.
8.05.05 A teacher who has exhausted his/her accumulated sick leave creditCompany's Benefit Plans; provided, and is on an approved leave of absence without pay for medical reasonshowever, shall continue to be enrolled that in the benefits plan case of limited self-employment the Company may, in effect at its sole discretion, agree to waive the time the leave commenced as if the teacher were still receiving salary, until the teacher returns to active employment, begins receiving long term disability benefits, or up to a maximum foregoing provisions of ninety (90) working days following the commencement of the leave, whichever is soonerthis sentence.
Appears in 1 contract
Continuation of Benefit Plans. 8.05.01 a) Subject to eligibility requirements as specified by the insurer, a teacher Teacher who takes early retirement as specified by Article 3.09 may retain membership in any of the Benefit Plans to which he/she belongs at the time of retirement until he/she attains the age of sixty-five (65) years. Early retirement shall mean retirement between ages fifty-five (55) to sixty-five (65) on a pension pursuant to the Teachers‘ Pension Plan with payment to begin within two (2) months of the retirement date. Notwithstanding the foregoing, the minimum early retirement age of fifty-five (55) is waived for the duration of this Collective Agreement.
8.05.02 b) Subject to eligibility requirements as specified by the insurers, a teacher Teacher who is terminated by the Employer because he/she has exhausted his/her sick leave or because he/she is unable to perform his/her duties for reason of disability may retain the right to participate in any of the Benefit Plans Group Benefits to which he/she belongs until he/she attains the age of seventy sixty-five (7065) years.
8.05.03 c) To maintain participation and coverage under the Collective Agreement, the qualifying teacher retired or terminated Teacher must agree to participate in a pre-authorized preauthorized debit plan to pay the full annual premiums. The teacher retired or terminated Teacher shall supply the Employer with a VOID cheque from his/her bank account. Deductions will be made from the individual’s individual‘s account on the 15th 10th of each month. The Employer reserves the right to discontinue the participation in the Benefit Plans for anyone should any two payments be denied for reason of insufficient funds. The Employer reserves the right to establish a separate group for individuals, as outlined in Articles 8.05.01 (a) and 8.05.02 (b) above, with premiums determined on the basis of the participants in the group.
8.05.04 In the event that a teacher dies while under contract with the Employer, the Employer will pay the premiums for the continuation of the applicable Employer sponsored benefits to the last day of the second month following the month in which the death occurs.
8.05.05 A teacher who has exhausted his/her accumulated sick leave credit, and is on an approved leave of absence without pay for medical reasons, shall continue to be enrolled in the benefits plan in effect at the time the leave commenced as if the teacher were still receiving salary, until the teacher returns to active employment, begins receiving long term disability benefits, or up to a maximum of ninety (90) working days following the commencement of the leave, whichever is sooner.
Appears in 1 contract
Samples: Collective Agreement
Continuation of Benefit Plans. 8.05.01 Subject to eligibility requirements as specified by the insurer, a teacher who takes early retirement as specified by Article 3.09 3.08.02 may retain membership in any of the Benefit Plans to which he/she belongs at the time of retirement until he/she attains the age of sixty-five (65) years.
8.05.02 Subject to eligibility requirements as specified by the insurers, a teacher who has exhausted his/her sick leave or is unable to perform his/her duties for reason of disability may retain the right to participate in any of the Benefit Plans to which he/she belongs until he/she attains the age of seventy sixty-five (7065) years.
8.05.03 To maintain participation and coverage under the Collective Agreement, the qualifying teacher must agree to participate in a pre-pre- authorized debit plan to pay the full annual premiums. The teacher shall supply the Employer with a VOID cheque from his/her bank account. Deductions will be made from the individual’s account on the 15th of each month. The Employer reserves the right to discontinue the participation in the Benefit Plans for anyone should any two payments be denied for reason of insufficient funds. The Employer reserves the right to establish a separate group for individuals, as outlined in Articles 8.05.01 and 8.05.02 above, with premiums determined on the basis of the participants in the group.
8.05.04 In the event that a teacher dies while under contract with the Employer, the Employer will pay the premiums for the continuation of the applicable Employer sponsored benefits to the last day of the second month following the month in which the death occurs.
8.05.05 A teacher who has exhausted his/her accumulated sick leave credit, and is on an approved leave of absence without pay for medical reasons, shall continue to be enrolled in the benefits plan in effect at the time the leave commenced as if the teacher were still receiving salary, until the teacher returns to active employment, begins receiving long term disability benefits, or up to a maximum of ninety (90) working days following the commencement of the leave, whichever is sooner.
Appears in 1 contract
Samples: Collective Agreement
Continuation of Benefit Plans. 8.05.01 Subject If the Executive's employment ------------------------------- is terminated under the circumstances described in subparagraph 6, b, hereof (relating to eligibility requirements as specified by termination following a Change in Control), then for a period of eighteen (18) months following the insurerDate of Termination, a teacher who takes early retirement as specified by Article 3.09 may retain membership the Company shall maintain in any full force and effect for the continued benefit of the Executive and his eligible dependents and beneficiaries, the employee benefits under the Benefit Plans which they were eligible to receive immediately prior to the Date of Termination, subject to the terms and conditions of the Benefit Plans Plans, at no greater cost to which he/she belongs at the time of retirement until he/she attains Executive than he would have incurred had he remained in the age of sixty-five (65) years.
8.05.02 Subject to eligibility requirements as specified by the insurers, a teacher who has exhausted his/her sick leave or is unable to perform his/her duties for reason of disability may retain the right to participate in any employ of the Company; provided that the Executive's continued participation or the participation of such eligible dependents or beneficiaries must be permissible under the general terms and provisions of such Benefit Plans to which he/she belongs until he/she attains and shall not jeopardize the age of seventy (70) years.
8.05.03 To maintain participation and coverage Plans' qualified status under the Collective Agreement, Internal Revenue Code or the qualifying teacher must agree to participate in a pre-authorized debit plan to pay the full annual premiumsrules and regulations promulgated thereunder. The teacher shall supply the Employer with a VOID cheque from his/her bank account. Deductions will be made from the individual’s account on the 15th of each month. The Employer reserves the right to discontinue the participation in the Benefit Plans for anyone should any two payments be denied for reason of insufficient funds. The Employer reserves the right to establish a separate group for individuals, as outlined in Articles 8.05.01 and 8.05.02 above, with premiums determined on the basis of the participants in the group.
8.05.04 In the event that a teacher dies while under contract with the EmployerExecutive's participation or the participation of such eligible dependents or beneficiaries in any such Benefit Plan is barred pursuant to the preceding sentence, the Employer will pay Company shall arrange to provide the premiums Executive or such eligible dependents or beneficiaries, for the continuation period of coverage specified in the preceding sentence, with benefits substantially similar to those which the Executive and such eligible dependents or beneficiaries were entitled to receive under such Benefit Plans immediately prior to the Date of Termination, or with cash approximately equal in value to the benefit which otherwise would have been made available. Upon the Executive obtaining other employment or becoming self-employed, the Company's obligations under this subparagraph 6, h, hereof shall cease effective upon the date of the applicable Employer sponsored Executive's eligibility to participate in his new employer's benefits plans or in any benefit plans established by the Executive pursuant to his self-employment, irrespective of whether such benefit plans are comparable to the last day of the second month following the month in which the death occurs.
8.05.05 A teacher who has exhausted his/her accumulated sick leave creditCompany's Benefit Plans; provided, and is on an approved leave of absence without pay for medical reasonshowever, shall continue to be enrolled that in the benefits plan case of limited self-employment the Company may, in effect at its sole discretion, agree to waive the time the leave commenced as if the teacher were still receiving salary, until the teacher returns to active employment, begins receiving long term disability benefits, or up to a maximum foregoing provisions of ninety (90) working days following the commencement of the leave, whichever is soonerthis sentence.
Appears in 1 contract
Continuation of Benefit Plans. 8.05.01 a) Subject to eligibility requirements as specified by the insurer, a teacher who takes early retirement as specified by Article 3.09 may retain membership in any of the Benefit Plans to which he/she belongs at the time of retirement until he/she attains the age of sixty-five (65) years. Early retirement shall mean retirement between ages fifty-five (55) to sixty-five (65) on a pension pursuant to the Teachers’ Pension Plan with payment to begin within two (2) months of the retirement date. Notwithstanding the foregoing, the minimum early retirement age of fifty-five (55) is waived for the duration of this Collective Agreement.
8.05.02 b) Subject to eligibility requirements as specified by the insurers, a teacher who is terminated by the Employer because he/she has exhausted his/her sick leave or because he/she is unable to perform his/her duties for reason of disability may retain the right to participate in any of the Benefit Plans Group Benefits to which he/she belongs until he/she attains the age of seventy sixty-five (7065) years.
8.05.03 c) To maintain participation and coverage under the Collective Agreement, the qualifying retired or terminated teacher must agree to participate in a pre-authorized preauthorized debit plan to pay the full annual premiums. The retired or terminated teacher shall supply the Employer with a VOID cheque from his/her bank account. Deductions will be made from the individual’s account on the 15th of each month. The Employer reserves the right to discontinue the participation in the Benefit Plans for anyone should any two payments be denied for reason of insufficient funds. The Employer reserves the right to establish a separate group for individuals, as outlined in Articles 8.05.01 (a) and 8.05.02 (b) above, with premiums determined on the basis of the participants in the group.
8.05.04 In the event that a teacher dies while under contract with the Employer, the Employer will pay the premiums for the continuation of the applicable Employer sponsored benefits to the last day of the second month following the month in which the death occurs.
8.05.05 A teacher who has exhausted his/her accumulated sick leave credit, and is on an approved leave of absence without pay for medical reasons, shall continue to be enrolled in the benefits plan in effect at the time the leave commenced as if the teacher were still receiving salary, until the teacher returns to active employment, begins receiving long term disability benefits, or up to a maximum of ninety (90) working days following the commencement of the leave, whichever is sooner.
Appears in 1 contract
Samples: Collective Agreement
Continuation of Benefit Plans. 8.05.01 a) Subject to eligibility requirements as specified by the insurer, a teacher who takes early retirement as specified by Article 3.09 may retain membership in any of the Benefit Plans to which he/she belongs at the time of retirement until he/she attains the age of sixty-five (65) years. Early retirement shall mean retirement between ages fifty-five (55) to sixty-five (65) on a pension pursuant to the Teachers’ Pension Plan with payment to begin within two (2) months of the retirement date. Notwithstanding the foregoing, the minimum early retirement age of fifty-five (55) is waived for the duration of this Collective Agreement.
8.05.02 b) Subject to eligibility requirements as specified by the insurers, a teacher who is terminated by the Employer because he/she has exhausted his/her sick leave or because he/she is unable to perform his/her duties for reason of disability may retain the right to participate in any of the Benefit Plans Group Benefits to which he/she belongs until he/she attains the age of seventy sixty-five (7065) years.
8.05.03 c) To maintain participation and coverage under the Collective Agreement, the qualifying retired or terminated teacher must agree to participate in a pre-authorized preauthorized debit plan to pay the full annual premiums. The retired or terminated teacher shall supply the Employer with a VOID cheque from his/her bank account. Deductions will be made from the individual’s account on the 15th 10th of each month. The Employer reserves the right to discontinue the participation in the Benefit Plans for anyone should any two payments be denied for reason of insufficient funds. The Employer reserves the right to establish a separate group for individuals, as outlined in Articles 8.05.01 (a) and 8.05.02 (b) above, with premiums determined on the basis of the participants in the group.
8.05.04 In the event that a teacher dies while under contract with the Employer, the Employer will pay the premiums for the continuation of the applicable Employer sponsored benefits to the last day of the second month following the month in which the death occurs.
8.05.05 A teacher who has exhausted his/her accumulated sick leave credit, and is on an approved leave of absence without pay for medical reasons, shall continue to be enrolled in the benefits plan in effect at the time the leave commenced as if the teacher were still receiving salary, until the teacher returns to active employment, begins receiving long term disability benefits, or up to a maximum of ninety (90) working days following the commencement of the leave, whichever is sooner.
Appears in 1 contract
Samples: Collective Agreement