Extended Benefit Clause Samples
The Extended Benefit clause provides for the continuation of certain benefits beyond the standard period outlined in an agreement, typically after the termination or expiration of the contract. In practice, this may apply to health insurance, severance pay, or other employee benefits, ensuring that individuals retain access to these benefits for a specified duration after their employment ends. The core function of this clause is to offer additional security and support to beneficiaries during transitional periods, addressing potential gaps in coverage or support that could arise immediately following the end of a contractual relationship.
Extended Benefit. A. In the event of extended illness, and sick leave runs out, the East Liverpool Board of Education agrees to extend coverage by paying the prevailing cost of the premium for hospitalization insurance for the duration of the illness or upon retirement or for the remainder of the current contract year, whichever is earlier. Effective January 1, 1988 this extended benefit will be limited to a maximum of twelve (12) months during an employee’s tenure with the district.
B. Insurance benefit booklets shall be given to each employee.
C. The Board shall maintain the same benefit levels for the duration of this agreement.
D. Employees that do not participate in any of the above insurance plans shall become eligible immediately upon request, and proven need, including but not limited to death of spouse, unemployment, lay off and divorce; such employee shall be insured immediately upon application.
E. Upon retirement or resignation, an employee shall have the right to continue participation in any of the insurance plans by reason of an individual policy at the employee’s cost, granted by the carrier without benefits of physical examination if application is made within a one (1) month period of time from retirement or resignation.
Extended Benefit. Where an has been granted an extended leave of absence by the Corporation and has made arrangements to pay their share of the medical and dental premiums, the Corporation shall make arrangements to continue coverage for the period of the leave.
Extended Benefit. Where an has been granted an extended leave of absence by the Employer and has made arrangements to pay their share of the medical and dental premiums, the Employer shall make arrangements to continue coverage for the period of the leave.
Extended Benefit. Employees who retire on an unreduced pension, who have greater than ten years to age will be provided with the opportunity to purchase up to five (5) years group benefits either at the commencement or the conclusion of this ten year maximum where the City paid (pays)
Extended Benefit. If a person while covered for this benefit incurs charges for care, services or supplies as a result of sickness or accidental bodily injury after the effective date of this coverage, Liberty Mutual will pay benefits for such charges, to the extent that they were or provided by a physician or dentist, except as otherwise specified in the group Policy: up to the Maximum Amount applicable in the Schedule of Benefits, and which are in excess of any Deductible or Co-Payment amounts.
Extended Benefit. Employees who retire on an unreduced pension, who have greater than ten years to age will be provided with the opportunity to purchase up to five (5) years group benefits either at the commencement or the conclusion of this ten year maximum where the City paid (pays) Effective January a spouse who is between the age of and at the time that the retired member turns age will be eligible to participate in the extended health and dental benefits provided the spouse pays, in advance, the single premium. This provision ends when the employee’s spouse turns age The Corporation will continue coverage for participating retirees until the retiree would have reached the age of or for a maximum of years from the deceased’s retirement date.