Dynegy Benefit Program Sample Clauses

Dynegy Benefit Program. For the Dynegy Benefit Program, a Union Agreement is a collective bargaining agreement with (1) the Union and Illinois Power Resources Generation, LLC (Xxxxxx Plant) (Dynegy) which provides for either Employer or Employee contributions to this Plan on or after July 1, 2015, or (2) the Union and Dynegy or its predecessors at the Xxxxxx Power Plant (Ameren and CIPS) which expired on or before June 30, 2015 .
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Dynegy Benefit Program. The schedule of benefits and eligibility rules for participants who earn Years of Service under a Union Agreement between the Union and Dynegy under Article 1, Section 12(d).
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Dynegy Benefit Program. BENEFITS AND ELIGIBILITY RULES Section 1 – Dynegy Benefit Program: Amount of Retiree Welfare Benefits. The following monthly payment will be made to a group health plan or insurance company on behalf of an Eligible Dynegy Benefit Program Retiree or the lesser amount that the medical welfare plan or insurance company may require for coverage of the Eligible Retiree and his dependents:
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Dynegy Benefit Program. Amount of Disability Welfare Benefits. If an Employee becomes Totally and Permanently Disabled, any self-pay premium required for coverage of an Employee and his dependents up to $285.50 monthly for an Employee under age 65, $571.00 monthly for an Employee and spouse both under age 65, $87.50 monthly for an Employee over age 65, $175.00 monthly for an Employee and spouse both over age 65, $373.00 monthly for an Employee and spouse coverage where either the Employee or the spouse is under age 65 and the other is over age 65, shall be payable to the medical welfare plan or insurance company covering the Employee from the time that he became disabled. This Benefit shall be payable for a maximum of 36 months or the date the Trustees determine that the Employee is no longer Totally and Permanently Disabled, whichever is earlier. Disability benefits will not start until the Employee has exhausted employer funded medical benefits under the active group medical plan or insured medical benefits or premium payments under the employer funded long term disability plan.
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Dynegy Benefit Program. Amount of Pre and Post Retirement Surviving Spouse Welfare Benefits. An eligible surviving spouse will receive a Surviving Spouse Welfare Benefit of premium payments to a group health plan on behalf of the surviving spouse for up to 36 months in the following amounts (based upon the age of the Surviving Spouse):
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Related to Dynegy Benefit Program

  • Benefit Programs The Executive shall be eligible to participate in any plans, programs or forms of compensation or benefits that the Company or the Company’s subsidiaries provide to the class of employees that includes the Executive, on a basis not less favorable than that provided to such class of employees, including, without limitation, group medical, disability and life insurance, paid time-off, and retirement plan, subject to the terms and conditions of such plans, programs or forms of compensation or benefits.

  • EMPLOYEE BENEFIT PROGRAM (i) During the TERM, the EMPLOYEE shall be entitled to participate in all formally established employee benefit, bonus, pension and profit-sharing plans and similar programs that are maintained by the EMPLOYERS from time to time, including programs in respect of group health, disability or life insurance, reimbursement of membership fees in civic, social and professional organizations and all employee benefit plans or programs hereafter adopted in writing by the Boards of Directors of the EMPLOYERS, for which senior management personnel are eligible, including any employee stock ownership plan, stock option plan or other stock benefit plan (hereinafter collectively referred to as the "BENEFIT PLANS"). Notwithstanding the foregoing sentence, the EMPLOYERS may discontinue or terminate at any time any such BENEFIT PLANS, now existing or hereafter adopted, to the extent permitted by the terms of such plans and shall not be required to compensate the EMPLOYEE for such discontinuance or termination.

  • Benefit Protection Plan For employees who have approved disability claims (excluding those for work-related injuries) under the City's Flex disability insurance carrier, management shall continue the City's medical, dental, and basic life insurance plan subsidies for a maximum of two years or at the close of claim, whichever is less. Employees must have been enrolled in a Flex medical, dental and/or basic life plan prior to the beginning of the disability leave. Coverage in this program will end if the employee retires (service or disability) or leaves City service for any reason.

  • Retiree Health Benefits 1. There is currently in effect a retiree health benefit program for retired members of LACERS under LAAC Division 4, Chapter 11. All covered employees who are members of LACERS, regardless of retirement tier, shall contribute to LACERS four percent (4%) of their pre-tax compensation earnable toward vested retiree health benefits as provided by this program. The retiree health benefit available under this program is a vested benefit for all covered employees who make this contribution, including employees enrolled in LACERS Tier 3.

  • Retiree Medical Benefits If Executive is or would become fifty-five (55) or older and Executive's age and service equal sixty-five (65) and Executive has at least five (5) years of service with the Company within two (2) years of Change in Control, Executive is eligible for retiree medical benefits (as such are determined immediately prior to Change in Control). Executive is eligible to commence receiving such retiree medical benefits based on the terms and conditions of the applicable plans in effect immediately prior to the Change in Control.

  • Same Sex Benefit Coverage An employee who co-habits with a person of the same sex, and who promotes such person as a "spouse" (partner), and who has done so for a period of not less than twelve (12) months, will be eligible to have the person covered as a spouse for purposes of Medical, Extended Health, and Dental benefits.

  • Health Benefit Plan Par. 1. The Health Benefit Plan covering life insurance, sickness and accident benefits, and hospitalization insurance, or any changes thereto that are in accordance with the National Elevator Industry Health Benefit Plan and Declaration of Trust, shall be a part of this Agreement and adopted by all parties signatory thereto.

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

  • RETIREE HEALTH SAVINGS PLAN Effective, December 24, 2006, or as soon as administratively possible, the County shall establish a retiree health savings plan (RHSP) by contributing an amount of $25.00 to the employee’s RHSP each biweekly pay period.

  • Medical Benefits The Company shall reimburse the Employee for the cost of the Employee's group health, vision and dental plan coverage in effect until the end of the Termination Period. The Employee may use this payment, as well as any other payment made under this Section 6, for such continuation coverage or for any other purpose. To the extent the Employee pays the cost of such coverage, and the cost of such coverage is not deductible as a medical expense by the Employee, the Company shall "gross-up" the amount of such reimbursement for all taxes payable by the Employee on the amount of such reimbursement and the amount of such gross-up.

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