Common use of Employee Benefit Coverage and Premiums Clause in Contracts

Employee Benefit Coverage and Premiums. A participant's coverage for Life Insurance and Green Shield benefits and O.H.I.P. in effect immediately prior to the leave, will be maintained by the University during their leave of absence, if eligibility conditions permit, however, the premium costs of all such Plans shall be paid by the participant during the leave. Leave Period (Benefits Structuring) During the leave period, any benefits related to the rate of wages shall be structured according to the rate of wages the participant would have received immediately prior to the leave had they not been in the Plan. No employee will receive any additional remuneration from the University during the leave period. Pension Contributions will be maintained by both parties at nominal salary for pension purposes. This provision is subject to the necessary amendments being made to the Retirement Plan and being approved by Revenue Canada and the Pension Commission of Ontario.

Employee Benefit Coverage and Premiums. A participant's coverage for Life Insurance and Green Shield benefits and O.H.I.P. in effect immediately prior to the leave, will be maintained by the University during their his/her leave of absence, if eligibility conditions permit, however, the premium costs of all such Plans shall be paid by the participant during the leave. Leave Period (Benefits Structuring) During the leave period, any benefits related to the rate of wages shall be structured according to the rate of wages the participant would have received immediately prior to the leave had they he/she not been in the Plan. No employee will receive any additional remuneration from the University during the leave period. Pension Contributions will be maintained by both parties at nominal salary for pension purposes. This provision is subject to the necessary amendments being made to the Retirement Plan and being approved by Revenue Canada and the Pension Commission of Ontario.