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.
Appears in 6 contracts
Samples: Agreement, Agreement, Working Agreement
EARLY RETIREE GROUP LIFE INSURANCE. Permanent Full-Time Employees with a minimum of ten (10) continuous years continuous of service and with the Employer who retire from the Corporation and receive their OMERS pension shall be are eligible to receive for Early Retiree Term Life Insurance in the early retiree life amount of $10,000. This 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 earlierage. 100% of the premiums are paid by the Employer.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
