Common use of Cost of the Group Benefits Package for Employees on the Active Payroll Clause in Contracts

Cost of the Group Benefits Package for Employees on the Active Payroll. 16.2(a) Life, Accidental Death and Dismemberment, Short Term and Long Term Disability Benefits. The Company will pay the full cost of the Basic Life Insurance, Accidental Death and Dismemberment, Short-term Disability and Basic Long Term Disability Plans for eligible employees. The Company will provide access to an employee-paid Supplemental Life Plan, Supplemental Accidental Death and Dismemberment Plan, a ten percent supplemental Long Term Disability Plan benefit, and Health Care and Dependent Care Spending Account Plans under the same terms, conditions and limitations as described in the Summary Plan Description for SPEEA in effect as of January 1, 2018. Company and employee cost will be based on SPEEA claims experience.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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