Employee Benefits and Pension Plans Sample Clauses

Employee Benefits and Pension Plans. Such Employees will pay both the Employee portion and the Employer portion of the applicable premiums in advance, monthly, to the Employer for any full month in which they do not work subject to the provision of the Plans for the duration of the unpaid sick leave to a maximum of twenty-one (21) months.
AutoNDA by SimpleDocs
Employee Benefits and Pension Plans. 29.01 The Employer agrees to provide the following Employee Benefit Plans, and contribute towards the cost of each of these Plans an amount equal to the percentage of the rate applicable to an Employee, as listed below: [Not applicable to Employees who work more than fourteen (14) hours per week but less than twenty-four (24) hours per week. See Article 29.02.] There will be no deductible for any benefits provided for in this plan. (a) Extended Health Care Plan – 100% – No Lifetime Maximum. (b) Group Life Insurance Plan – 50%. (c) Long Term Disability Plan – 100%. (d) Dental – Part B – current Ontario Dental Association Fee Guide with a change to the new O.D.A. Fee Guide on the first of the month following its announcement by the Ontario Dental Association. Effective the beginning of the calendar month following the date of ratification, coverage is as follows: (e) Vision Care – 100% – Single coverage to a maximum of $425/24 months ($625/24 months effective August 1, 2023), no deductible. Single coverage to a maximum of $350/24 months, no deductible, for Employees whose position requires them to wear safety glasses. This coverage may be used towards the cost of Laser Eye Surgery. Vision Care Expenses – Single coverage for eye examinations performed by a qualified Optometrist to a maximum of $115/24 months. (f) Hearing Care – 100% – Single coverage to a maximum of $1,500/36 months ($3000/36 months effective August 1, 2022). An Employee may elect to pay any additional premiums required to extend coverage to family. (g) Any diagnostic laboratory testing not covered by OHIP to a maximum of $300.00 ($400 effective August 1, 2023). (h) Immunization – $200/maximum per year per family ($400/maximum per year per family effective August 1, 2022). (i) Orthotics – maximum of $2,000/24 months per person. 29.02 Employees who work at least fourteen (14) hours per week but less than twenty-four (24) hours per week with no termination date anticipated at the time of the appointment, where the scheduled work year is a minimum of seven (7) consecutive months, are entitled to the following benefits: (a) An Employee may elect to pay any additional premiums required to extend coverage to family for the following: (i) Extended Health (ii) Vision Care (b) Extended Health Care Plan – 100% – Single Coverage Only – No Lifetime Maximum. (c) Dental Plan – 100% – Family Coverage – Part B – current Ontario Dental Association Fee Guide with a change to the new O.D.A. Fee Guide on the fir...
Employee Benefits and Pension Plans. (a) With respect to each Plan, comply in all material respects with the applicable provisions of ERISA and the Code and (b) furnish to the Administrative Agent (x) as soon as possible after, and in any event within 10 days after any Responsible Officer of the Domestic Companies or their ERISA Affiliates or any ERISA Affiliate knows or has reason to know that, any ERISA Event has occurred that, alone or together with any other ERISA Event could reasonably be expected to result in liability of the Domestic Companies or their ERISA Affiliates in an aggregate amount exceeding $500,000 or the imposition of a Lien, a statement of a Financial Officer of Holdings setting forth details as to such ERISA Event and the action, if any, that the Domestic Companies propose to take with respect thereto, and (y) upon request by the Administrative Agent, copies of: (i) each Schedule B (Actuarial Information) to the annual report (Form 5500 Series) filed by any Domestic Company or any ERISA Affiliate with the Internal Revenue Service with respect to each Plan; (ii) the most recent actuarial valuation report for each Plan; (iii) all notices received by any Domestic Company or any ERISA Affiliate from a Multiemployer Plan sponsor or any governmental agency concerning an ERISA Event; and (iv) such other documents or governmental reports or filings relating to any Plan (or employee benefit plan sponsored or contributed to by any Domestic Company) as the Administrative Agent shall reasonably request. (b) For each existing Canadian Pension Plan of any Canadian Loan Party, such Canadian Loan Party shall, except as provided in Schedule 3.16, ensure that such plan retains its registered status under and is administered in a timely manner in all material respects in accordance with the applicable pension plan text, funding agreement, the ITA and all other applicable laws. For each Canadian Pension Plan hereafter adopted by any Canadian Loan Party that is required to be registered under the ITA or any other applicable laws, that Canadian Loan Party shall use its best efforts to seek and receive confirmation in writing from the applicable governmental authorities to the effect that such plan is unconditionally registered under the ITA and such other applicable laws. For each existing and hereafter adopted Canadian Pension Plan and Canadian Benefit Plan of any Canadian Loan Party, such Canadian Loan Party shall in a timely fashion perform in all material respects all obligations (includi...
Employee Benefits and Pension Plans. 29.01 The Employer agrees to provide the following Employee Benefit Plans, and contribute towards the cost of each of these Plans an amount equal to the percentage of the rate applicable to an Employee, as listed below: [Not applicable to Employees who work more than fourteen (14) hours per week but less than twenty-four (24) hours per week. See Article 29.02.] There will be no deductible for any benefits provided for in this plan. (a) Extended Health Care Plan – 100% – No Lifetime Maximum. (b) Group Life Insurance Plan – 50%. (c) Long Term Disability Plan – 100%. (d) Dental – Part B – current Ontario Dental Association Fee Guide with a change to the new O.D.A. Fee Guide on the first of the month following its announcement by the Ontario Dental Association. Effective the beginning of the calendar month following the date of ratification, coverage is as follows: (e) Vision Care – 100% – Single coverage to a maximum of $425/24 months, no deductible. Single coverage to a maximum of $350/24 months, no deductible, for Employees whose position requires them to wear safety glasses. This coverage may be used towards the cost of Laser Eye Surgery. Vision Care Expenses – Single coverage for eye examinations performed by a qualified Optometrist to a maximum of $115/24 months. (f) Hearing Care – 100% – Single coverage to a maximum of $1,500/36 months. An Employee may elect to pay any additional premiums required to extend coverage to family. (g) Any diagnostic laboratory testing not covered by OHIP to a maximum of $300.00. (h) Immunization – $200/maximum per year per family. (i) Orthotics – maximum of $2,000/24 months per person. 29.02 Employees who work at least fourteen (14) hours per week but less than twenty-four (24) hours per week with no termination date anticipated at the time of the appointment, where the scheduled work year is a minimum of seven (7) consecutive months, are entitled to the following benefits: (a) An Employee may elect to pay any additional premiums required to extend coverage to family for the following: (i) Extended Health (ii) Vision Care (b) Extended Health Care Plan – 100% – Single Coverage Only – No Lifetime Maximum. (c) Dental Plan – 100% – Family Coverage – Part B – current Ontario Dental Association Fee Guide with a change to the new O.D.A. Fee Guide on the first of the month following its announcement by the Ontario Dental Association. (d) Vision Care – 100% – Single coverage to a maximum of $425/24 months, no deductible. Single cove...
Employee Benefits and Pension Plans. Article applies to F/T employees only. 24.01 The Employee Benefit Plans shall consist of the following: 1. Ontario Health Insurance Plan 2. Extended Health Care Plan – no private room or semi-private room coverage. (a) immunizations not covered by OHIP up to a maximum of three hundred dollars ($300.00) per year per family, immunization to include immunization for travel; (b) prescribed diagnostic testing not covered by OHIP up to a maximum of three hundred dollars ($300.00) per year per family. (c) Effective August 1, 2009 the dispensing fee maximum for prescription drugs will increase to eight dollars ($8.00) per script. 3. Group Life Insurance Plan 4. Long Term Disability Plan 5. Dental Plan - Current Ontario Dental Association Fee Guide with a change to the new O.D.A. Guide on the first of the month following its announcement by the Ontario Dental Association. – Effective the first month following the date of ratification, benefits increase to include major restorative at 75% (annual maximum $2,500.00), orthodontics at 100% (lifetime maximum ($3,500.00) and dentures at 80%.
Employee Benefits and Pension Plans. (a) No Loan Party, none of its Subsidiaries, nor any of their respective ERISA Affiliates maintains or contributes to any Benefit Plan or any Canadian Defined Benefit Pension Plan. (b) each Employee Plan complies with, and has been operated in compliance with, all applicable laws (including ERISA and the IRC) and the terms of such Employee Plan except for any non-compliance that in the aggregate could not be reasonably be expected to result in a Material Adverse Effect, no Loan Party has incurred any fine, penalty, excise tax, or damage with respect to the operation of any Employee Plan that in the aggregate could reasonably be expected to result in a Material Adverse Effect (provided that the foregoing shall not prohibit contributions to an Employee Plan made in the ordinary course).
Employee Benefits and Pension Plans. On return to work, employees shall be reinstated in their former position.
AutoNDA by SimpleDocs
Employee Benefits and Pension Plans. Please refer to Letter of Understanding – Benefits Committee. 29.01 The Employer agrees to provide the following Employee Benefit Plans, and contribute towards the cost of each of these Plans an amount equal to the percentage of the rate applicable to an employee, as listed below: [Not applicable to employees who work more than fourteen (14) hours per week but less than twenty-four (24) hours per week. See Article 29.02] (a) Extended Health Care Plan - 100% - amended to increase lifetime maximum to (b) Group Life Insurance Plan - 50% (c) Long Term Disability Plan - 100% (d) Dental – Part B – current Ontario Dental Association Fee Guide with a change to the new O.D.A. Fee Guide on the first of the month following its announcement by the Ontario Dental Association. Effective September 1, 2000 coverage is as follows: (e) Vision Care - 100% - Single coverage to a maximum of $300/24 months, no deductible. Single coverage to a maximum of $100/24 months, no deductible, for employees whose position requires them to wear safety glasses. Hearing Care - 100% - Single coverage to a maximum of $300/36 months. 29.02 Employees who work more than fourteen (14) hours per week but less than twenty-four
Employee Benefits and Pension Plans. 24.01 The Employee Benefit Plans shall consist of the following: 1. Ontario Health Insurance Plan 2. Extended Health Care Plan – no private room or semi-private room coverage. 3. Group Life Insurance Plan 4. Long Term Disability Plan 5. Dental Plan - Current Ontario Dental Association Fee Guide with a change to the new O.D.A. Guide on the first of the month following its announcement by the Ontario Dental Association. – Effective the first month following the date of ratification, benefits increase to include major restorative at 50% (annual maximum $2,500.), orthodontics at 70% (lifetime maximum ($3,000.) and dentures at 75%.
Employee Benefits and Pension Plans. 2012 Option Plan
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!