Common use of Continuation of Benefits on Layoff Clause in Contracts

Continuation of Benefits on Layoff. (a) In the event of a layoff, the Employer agrees to pay the premiums for the employee benefit plans for a period of up to two (2) months. After that period, employees so affected will be given the right to continue this coverage through direct payment until such time as their recall rights expire, or the insurance carrier no longer permits continuation of coverage, whichever occurs first.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

Continuation of Benefits on Layoff. (a) In the event of a layoff, the Employer agrees to pay the premiums for the employee Employee benefit plans for a period of up to two (2) months. After that period, employees Employees so affected will be given the right to continue this coverage through direct payment until such time as their recall rights expire, or the insurance carrier no longer permits continuation of coverage, whichever occurs first.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

Continuation of Benefits on Layoff. (a) In the event of a layoff, the Employer agrees to pay the premiums for the employee benefit plans Employee Benefit Plans for a period of up to two (2) months. After that period, employees so affected will be given the right to continue this coverage through direct payment with the employee paying one hundred percent (100%) of the premiums until such time as their recall rights expire, or the insurance carrier no longer permits continuation of coverage, whichever occurs first.

Appears in 1 contract

Samples: Collective Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!