EMPLOYEE BENEFITS AND RETIREMENT Sample Clauses

EMPLOYEE BENEFITS AND RETIREMENT. 21 Section 1. Health/Dental 21 Section 2. Life Insurance 26 Section 3. Long Term Disability (LTD) 26 Section 4. State Disability Insurance (SDI) 26 Section 5. Injury or Illness Leave 26 Section 6. Employee Assistance Program 27 Section 7. Retirement Issues 27 ARTICLE 9. PAID LEAVES 29 Section 1. Holidays 29 Section 2. Vacation 31 Section 3. Sick Leave 31 Section 4. Catastrophic Leave 34 Section 5. Supervisory Leave 35
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EMPLOYEE BENEFITS AND RETIREMENT. The Employer will make available to employees the following health and welfare benefits (collectively “Fringe Benefits”) as summarized in the benefit materials pro- vided by the Employer, or which may be provided by the Employer to reflect modifi- cations: Basic Fringe Benefits (Automatic) Optional Fringe Benefits (Elective) • Employee Assistance Program (at no cost) • Medical, Dental and Vision insurance (employee and dependent) • Administrative Fee ($17.50/mo.) • Flexible Spending Plan (no admin fee) • Cash Benefit Supplement of remaining H&W will be paid in cash in the employee’s next bi- weekly paycheck, up to $3.00 per hour. • Short and Long Term DisabilityLife and Accidental Death InsuranceSupplemental Life (Spouse and/or Child) The applicable Summary Plan Descriptions (SPDs) will apply to the Fringe Benefits referenced in this section of the Agreement. Subject to the Employer’s rights as set forth below, all Fringe Benefits as listed above will remain in effect during the dura- tion of this Agreement. The Employer shall provide an hourly fringe rate of $5.16 per hour paid up to 40 hours per week in addition to an employee’s regular rate of pay. Effective with the first full pay period in July 2020, the Employer shall increase the hourly fringe rate to $5.31 per hour. Effective with the first full pay period in October 2020, the Em- ployer shall increase the hourly fringe rate to $5.46 per hour. In addition to the basic benefits as listed above, each employee will have the oppor- tunity to purchase one or more of the Optional Fringe Benefits listed above in any combination the employee desires. Employees will make choices concerning which, if any Optional Fringe Benefits they wish to purchase during the Employer’s open enrollment period established for such a purpose. Employees will make choices concerning which, if any, of the Fringe Benefits they wish to purchase during the Employer’s open enrollment period or qualified life event. If the total hourly cost of the premiums for the Fringe Benefits elected by the em- ployee is less than the applicable fringe rate, the remainder will be paid in cash to the employee up to $3.00 per hour and any additional will be deposited into the 401(k) retirement account for the benefit of the employee as described in the “bene- fits packet” distributed to all employees. If the total hourly cost of the premiums for the Fringe Benefits elected by the em- ployee exceeds the fringe rate, the employee shall bear su...
EMPLOYEE BENEFITS AND RETIREMENT. Section 7.2 (except if the substitute or temporary employee becomes eligible for benefits pursuant to Article VIII)
EMPLOYEE BENEFITS AND RETIREMENT. Section 7.2.1 Insurance Programs The District shall provide payments towards premiums of approved District group insurance programs in accordance with the provisions and options outlined herein.
EMPLOYEE BENEFITS AND RETIREMENT 

Related to EMPLOYEE BENEFITS AND RETIREMENT

  • Severance and Retirement Options (a) (i) Where an employee resigns within 30 days after receiving notice of layoff pursuant to article 14.02 (a)(ii) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks' salary for each year of continuous service to a maximum of sixteen (16) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars.

  • PART-TIME EMPLOYEE BENEFITS Regular part time employees shall be provided the opportunity to purchase benefits of one of the plans described in Article XVII, Sections B and C at the Employer plan’s premium cost. The Employer will pay the Employer’s monthly share of the premium cost at a ratio proportionate to the employee’s part time condition of employment contingent upon receipt of the employee’s yearly share of the employee’s premium.

  • Retirement Retirement" shall mean voluntary termination by the Executive in accordance with the Employers' retirement policies, including early retirement, generally applicable to their salaried employees.

  • Public Employees Retirement System “PERS”) Members. For purposes of this Section 1, “employee” means an employee who is employed by the State on August 28, 2003 and who is eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • Retiree Health Benefits 1. There is currently in effect a retiree health benefit program for retired members of LACERS under LAAC Division 4, Chapter 11. All covered employees who are members of LACERS, regardless of retirement tier, shall contribute to LACERS four percent (4%) of their pre-tax compensation earnable toward vested retiree health benefits as provided by this program. The retiree health benefit available under this program is a vested benefit for all covered employees who make this contribution, including employees enrolled in LACERS Tier 3.

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