COVERAGE AFTER AGE SIXTY Sample Clauses
COVERAGE AFTER AGE SIXTY. FIVE (65) Those employees who choose to retire at the “normal retirement age” of sixty-five may continue to do so as in the past and the provisions of the Agreement shall continue to apply to those employees who choose to continue to work beyond age sixty-five (65), except as follows:
(a) Group Life Insurance and AD&D [Articles 14.02 (a) & (b)] is reduced by one-half (1/2) after age sixty-five (65).
(b) Pension Plan contributions (Article 14.05) shall cease at the time the employee is no longer permitted to make contributions in accordance with applicable legislation.
(c) Employee Benefits will cease in its entirety when an employee reaches age seventy (70).
(d) Notwithstanding subsection (c) above, employees who continue to work beyond the age of seventy (70) and meets the requirements in Article 14.04 will receive Extended Health and Dental Care Benefits, excluding out of country benefit coverage.
COVERAGE AFTER AGE SIXTY. FIVE (65) Those employees who choose to retire at the “normal retirement age” of sixty-five may continue to do so as in the past and the provisions of the Agreement shall continue to apply to those employees who choose to continue to work beyond age sixty-five (65), except as follows:
(a) Group Life Insurance and AD&D [Articles 13.02 (a)&(b)] is reduced by one-half (1/2) after age sixty-five.
(b) Pension Plan contributions (Article 13.04) shall cease at the time the employee is no longer permitted to make RRSP contributions in accordance with applicable legislation. Coverage under this Article and Letter of Understanding No.24, Employee Benefits will cease in its entirety when an employee reaches age 70.”