Employee Basic Life Insurance. The Employer agrees for the duration of this Collective Agreement to pay seventy-five percent (75%) of the cost of the monthly premium. The benefit amount is 2.5 times the employee’s annual earnings, rounded to the next higher multiple of $1000, if not already a multiple, to a maximum of $700,000.
Appears in 5 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
