EARNED BENEFITS Clause Samples
The Earned Benefits clause defines the rights of a party to receive compensation or benefits that have been accrued up to a certain point, typically upon termination or completion of a contract. In practice, this means that if a contract ends early, the party is still entitled to payment for work performed or milestones achieved prior to termination. This clause ensures that parties are fairly compensated for their contributions and prevents disputes over payment for partially completed work.
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EARNED BENEFITS. (a) The Hospital agrees to contribute one hundred percent (100%) of the billed premium under the Hospital Life Insurance Plan to a maximum coverage of twice the annual rate of earnings rounded to the nearest five hundred dollars ($500) for each full-time eligible employee in the employ of the Hospital subject to the terms and conditions of such plans. The Hospital also agrees to make the Hospital of Ontario Voluntary Life Insurance Plan (HOOVLIP) or its equivalent available to the employees subject to the provisions of the plan at no cost to the Hospital.
(b) The Hospital agrees to contribute one hundred percent (100%) of the billed premium for semi-private hospitalization insurance for each full-time eligible employee in the employ of the Hospital.
(c) Effective the first of the month following satisfaction of enrolment requirements and subject to the requirements of the Carrier, eligible employees in the bargaining unit who have so elected, shall be entitled to participate in the Standard Extended Health Care Benefits Plan with ten dollars ($10) (single) and twenty dollars ($20) (family) deductible. The Hospital shall contribute seventy-five percent (75%) of the billed premium, provided the balance of the monthly premium is paid by the employee through payroll deduction. In addition to the standard benefits, coverage will include vision care (max. $90.00 every 24 months; effective April 1, 2000 - max. $150.00 every 24 months), as well as hearing aid allowance (lifetime max. $300.00 per individual).
(d) Effective the first of the month following satisfaction of enrolment requirements and subject to the requirements of the Carrier, eligible employees in the bargaining unit who have so elected shall be entitled to participate in the Group Dental Plan (Blue Cross #9, or its equivalent based on the current O.D.A. fee schedule as that schedule is amended during the life of the present Collective Agreement) subject to the terms and conditions of the Plan. The Hospital shall contribute seventy-five percent (75%) of the billed premium towards coverage of eligible participating employees under the Plan in the employment of the Hospital and such employees shall pay the remaining premium through payroll deductions.
27.02 The Hospital agrees to contribute fifty percent (50%) of the billed premium under its own long term disability plan subject to the terms and conditions of such plan provided the balance of the monthly premium is paid by the employee through payroll ...
EARNED BENEFITS. Executive shall have the right to receive benefits which have already vested or been earned as of the date of termination of this Agreement under this Section 4.3, unless expressly prohibited by the terms of any plan, program or agreement governing such compensation or benefits.
EARNED BENEFITS. All permanent full-time employees will be entitled to the following City of Timmins benefits until the age of 65. The Employer agrees, during the term of the Collective Agreement, to contribute towards the premium coverage of participating eligible full-time employees who have completed three (3) months of employment in the active employ of the Employer under the insurance plans set out below subject to their respective terms and conditions including any enrolment requirements.
EARNED BENEFITS. 15.01 The Employer agrees, during the term of the Collective Agreement, to contribute towards the premium coverage of participating eligible nurses in the active employ of the Employer under the insurance plans set out below subject to their respective terms and conditions including any enrolment requirements:
(a) The Employer agrees to contribute seventy-five percent (75%) of the billed premiums towards coverage of eligible nurses in the active employ of the Employer under the existing VON Canada Extended Health Care Benefits.
(b) The Employer agrees to contribute one hundred percent (100%) of the billed premiums towards coverage of eligible nurses in the active employ of the Employer under the VON National group life insurance plan currently in effect. Such insurance shall include benefits for accidental death and dismemberment.
(c) The Employer also agrees to make the VON National Voluntary Life Insurance Plan available to the nurses subject to the provisions of the plan at no cost to the Employer.
(d) The Employer agrees to contribute seventy-five percent (75%) of the billed premiums towards coverage of full-time eligible nurses in the active employ of the Employer under the VON National Dental Plan or comparable coverage with another carrier providing the balance of the monthly premium is paid by the nurse through payroll deduction.
(a) All nurses enrolled in the Hospital's of Ontario Pension Plan shall maintain their enrolment in the Plan subject to its terms and conditions.
(b) New employees and employees not yet eligible or enrolled for membership in the Victorian Order of Nurses Pension Plan and the VON National benefit plans shall as a condition of employment enrol in the Victorian Order of Nurses Pension Plan and the VON National benefit plans when eligible in accordance with its terms and conditions.
(c) Part-time nurses may on a voluntary basis participate in the VON pension plan when eligible in accordance with its terms and conditions. Part-time nurses may join the VON National benefit plans when eligible.
15.03 The Employer may substitute another carrier for any of the foregoing plans provided that the level of benefits conferred thereby are not decreased. The Employer will advise the Association of any change in carrier or underwriter at least sixty (60) days prior to implementing a change in carrier.
(a) The Employer shall provide full-time each nurse with information booklets outlining all of the current provisions in the benefits plans ...
EARNED BENEFITS. Except as provided herein, all Company-provided benefits ceased to accrue as of the Separation Date. Executive shall be provided the earned payments and benefits set forth as the “Earned Benefits” in Exhibit B hereto.
EARNED BENEFITS. 23.01 The Company agrees to provide at no cost to the employees the following benefits:
(a) O.H.I.P. (Basic Plan)
(b) Supplementary Blue Cross (Semi-private coverage)
(c) Group Life Insurance ($10,000.00)
(d) Weekly Indemnity
EARNED BENEFITS. 23.01 The employer will make premium contributions under the personalized employee Flexible Benefits Program as outlined in the current “Benefits & You” booklet. The employer will provide a current copy of the “Benefits & You” benefits booklet to all employees presently in the bargaining unit, a copy to each new employee before the completion of the probationary period, and a copy to the trade union.
23.02 The employer agrees that any revisions to, and/or deletions from, and/or additions to the benefit plans referred to in paragraph 23.01 above that are applicable to other employees not represented by a trade union within Metropolitan Toronto during the currency of this collective agreement will be applied to the eligible employees covered by this agreement simultaneously in the same manner.
EARNED BENEFITS. 16.01 The Employer agrees to contribute one hundred percent (100%) of the billed premium for semi-private coverage for each full-time eligible nurse desiring coverage.
16.02 The Employer agrees, during the term of the Collective Agreement, to contribute towards the premium coverage of participating full-time eligible nurses in the active employ of the Employer under the insurance plans set out below subject to their respective terms and conditions including any enrolment requirements:
(a) The Employer agrees to contribute seventy-five percent (75%) of the billed premiums towards coverage of eligible nurses in the active employ of the Employer under the existing Blue Cross Extended Health Care Benefits Plan or comparable coverage with another carrier providing for fifteen dollars ($15.00) (single) and twenty-five dollars ($25.00) (family) deductible, providing the balance of monthly premiums are paid by the nurse through payroll deductions. In addition to the standard benefits, coverage will include hearing aids (maximum $300/person) and vision care (maximum $175.00 every twenty-four (24) months).
(b) The Employer agrees to pay for one (1) eye examination every twenty-four
EARNED BENEFITS. Section 1. Employees shall begin to accrue paid ETO benefits at the rate of 1 hour for every 30 hours worked upon hire. Upon an employee’s 91st day of employment, employees who work forty (40) hours per week shall earn paid ETO benefits per month based on seniority according to the following schedule: 10 hours per month less than 2 years 12 hours per month 2 to 3 years 16 hours per month 4 to 6 years 17 hours per month 7 to 14 years 18 hours per month 15 years and above Employees who work less than forty (40) hours per week shall accrue the above benefits on a pro- rated basis proportional to their actual hours worked. Employees' earned paid benefits may be used as vacation days and sick days. Consistent with Oregon’s mandatory sick leave law, the first 40 hours of ETO taken as “sick” time in any calendar year for any qualifying absence described in that law will be considered protected leave under the provisions of the law. Qualifying absences include ETO taken for the mental or physical health condition of the employee or the employee’s family member, including both preventative health and any qualifying condition pursuant to the Oregon Family Leave Act (“OFLA”) (even if the employee is not eligible for OFLA); and absences related to domestic violence, criminal harassment, sexual assault or stalking as allowed by law. Employees shall be permitted to use ETO (earned paid benefits) for the purposes of sick time in fifteen minute increments. ▇▇▇ utilized for foreseeable absences (e.g. vacation) that are not for a qualifying absence under the Oregon sick leave law may be used in one hour increments. Employees who carry more than two-hundred-forty (240) hours of ETO at the end of the calendar year shall lose any hours above two-hundred-forty (240) not used. If a worker has made a good faith effort to reduce ETO by the end of the year and circumstances have prevented timely scheduling of ETO, a mutually agreed upon extension not exceeding six (6) months or cash out not exceeding forty (40) hours shall be granted. A regular employee shall be paid for all eligible benefits if a two (2) week written notice of resignation is given. Except in the case of a verifiable illness or emergency, or by mutual agreement with the Employer, employees shall not be permitted to use ETO after giving a written two (2) week notice of resignation. If two (2) weeks written resignation notice is not given, the employee’s accumulated benefits shall be donated to the SEIU Local 503, OP...
EARNED BENEFITS. The Company shall have no obligation to make any payment in lieu of notice.