EARLY RETIREE GROUP LIFE INSURANCE Sample Clauses

EARLY RETIREE GROUP LIFE INSURANCE. Employees with a minimum of ten (10) years continuous service and who retire from the Corporation and receive their OMERS pension shall be eligible to receive the early retiree life insurance of ten thousand dollars ($10,000.00) term insurance which will be in effect until the retiree reaches seventy-five (75) years of age or upon death, whichever is earlier.
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Related to EARLY RETIREE GROUP LIFE INSURANCE

  • Group Life Insurance The Hospital shall contribute one hundred percent (100%) toward the monthly premium of HOOGLIP or other equivalent group life insurance plan in effect for eligible full-time employees in the active employ of the Hospital on the eligibility conditions set out in the existing Agreements.

  • Group Life Insurance Plan Section 1 - Eligibility Regular full-time and regular part-time employees who are on staff January 1, 1979 or who join the staff following this date shall, upon completion of the three-month probationary period, become members of the Group Life Insurance Plan as a condition of employment.

  • Group Term Life Insurance The Welfare Plan will include Group Term Life Insurance in accordance with the following Table of Hourly Job Rate Brackets and corresponding coverages. Benefits will be payable as a result of death from any cause on a twenty-four (24) hour coverage basis.

  • Term Life Insurance The Employer will maintain and make available to full-time and part-time employees, the current term life insurance plan as set forth in the document "Summary of Health Benefits, Maryland State Employees."

  • Life Insurance No portion of your IRA may be invested in life insurance contracts.

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