Extended Benefit Sample Clauses

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.
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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.
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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)
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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.
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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 Duration of upon the death of a retiree 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.
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Related to Extended Benefit

  • Extended Benefits If you are disabled on the date your healthcare coverage ends, your benefits will be temporarily extended for any continuous loss, which commenced while your coverage was in force. The services provided under this benefit are subject to all terms, conditions, limitations and exclusions listed in this agreement, and the care you receive must relate to or arise out of the disability you had on the day your healthcare coverage ended. Extended benefits apply only to the subscriber who is disabled. If you want to receive coverage for continued care when your coverage ends, you must provide us with proof that you are disabled. We will make a determination whether your condition constitutes a disability and you will have the right to appeal our determination or to take legal action. The extension of benefits will end upon the earliest of the following events: • the continuous disability ends; or • twelve (12) months from the termination date; or • payment of the benefit limits under this plan.

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • Benefit Waiting Period Allowance (a) An employee who qualifies for and takes leave pursuant to 21.1 or 21.2 and is required by Employment Insurance to serve a one-week waiting period for Employment Insurance Maternity/Parental benefits, shall be paid a leave allowance equivalent to one week at 85% of the employee's basic pay.

  • Early Retirement Benefits If elected in the Adoption Agreement, an Early Retirement benefit may be available to individuals who meet the age and Service requirements that are specified in the Adoption Agreement. A Participant who attains his or her Early Retirement Date will become fully vested, regardless of any vesting schedule which otherwise might apply. If a Participant separates from Service with a nonforfeitable benefit before satisfying the age requirements, but after having satisfied the Service requirement, the Participant will be entitled to elect an Early Retirement benefit upon satisfaction of the age requirement.

  • Defined Benefit Pension Plan 1. The Employer and the Union hereby agree to the continuation of the existing Northern California Glaziers, Architectural Metal and Glass Workers Pension Trust Agreement ("Defined Benefit Pension Trust").

  • Basic Benefit Effective January 1, 2008, the basic life insurance benefit will be increased from $15,000 to $18,000 for employees. This shall be the default level of life insurance coverage, which shall be provided at no cost to the employee.

  • Death Benefits Upon the Executive's death during the Contract Period, his estate shall not be entitled to any further benefits under this Agreement.

  • Benefit Period Following the Qualifying Period you will receive a monthly income until the earlier of:

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