Common use of Employees Working Beyond Age Sixty Clause in Contracts

Employees Working Beyond Age Sixty. Five (65) (a) Upon completion of the probationary period or after two years of continuous service whichever first occurs, employees working beyond the age of sixty-five (65) shall receive 6% added on their hourly rate for all paid hours in lieu of the following benefits: (i) Dental Insurance (ii) Long Term Disability Insurance (iii) Life Insurance (iv) Extended Health Care Insurance (v) Vision Care Insurance (vi) Semi-Private Hospitalization Coverage