GENERAL BENEFIT PROGRAM Clause Samples

GENERAL BENEFIT PROGRAM. (a) The Employer contributes towards premium payments for coverage for each regular full time employee under the following insurance plans: No coverage for “over the counter” prescription drugs. Dental plan includes 50% of orthodontic services, for a maximum of $750.00 per year and to a lifetime maximum of $1,500.00 for dependant children 6-18 years of age. (b) The above items are mandatory as a condition of employment for each employee residing in Ontario. However, where an employee is able to furnish proof of enrolment with spouse on Item I, II, III and IV, they shall so advise the Director of Human Resources and shall be exempt from such coverage. (c) Employees are eligible for Items II, III and IV on the first of the month following a six (6) month waiting period. (d) The Employer shall pay for each participating regular full time employee one hundred percent (100%) of the cost of items I, II, III and IV in Article 40.0 (a) above. (e) The Employer shall provide the opportunity for an employee at their own option and at the employee's cost through payroll deduction to buy at group rates voluntary Personal Accident Insurance and Optional Term Group Life Insurance subject to the eligibility provisions of the applicable insurance plans (as permitted by the Human Rights Code). (f) Employees must notify the agency in writing of any changes to their benefit status. (g) The employer may change benefit carriers provided the benefits provided under the new carrier are equal to or greater than the benefits described in article (a) The employer shall provide the Union with notice of intent and confirmation of benefit levels prior to the changeover in carriers. A copy of the benefit plan booklet shall be provided to the Union within 30 days of ratification in any contract year. In the case of a changeover in carriers, the employer will provide a copy of the benefit plan booklet within 60 days of the actual date of changeover to a new carrier. (a) In the case of absence for lay off or formal leave of absence, the Employer will continue to pay its share of the premiums of all items mentioned in Article 40.0 to a maximum of three (3) months from commencement of absence, except for educational leave of absence (Article 28.5) where such premiums will be paid for the duration of such leave. (b) Where an employee is absent because of illness for which they are in receipt of sick leave pay under the terms of Article 42.1 of this Agreement, the Employer shall continue to pa...
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GENERAL BENEFIT PROGRAM. 21.01 In addition to statutory benefits and the Ontario Health Insurance Plan, the employer shall pay benefits for each employee who has attained seniority as a regular full time employee in accordance with the schedule of benefits as agreed upon between the Union and the Employer (Schedule D). 21.02 With the exception of employees on long term disability on or before April 1st, 1996, an employee on authorized leave of absence due to illness may continue to be eligible for the general welfare program with the exception of health care and dental benefits, provided medical reports are received quarterly from the employee’s physician, on a basis satisfactory to the Employer. Health care and dental benefits shall be extended to employees on leave of absence due to illness for the first 24 months of such leave after which the Employer shall pay the employee’s Health Care and Dental costs to a maximum of $3,000.00 per year. 21.03 An employee on leave of absence due to personal reason may continue under the General Benefit Program by paying the total monthly cost to the Employer by the fifteenth day of each month if so arranged in advance with the Employer. 21.04 A person laid off or terminated shall cease to qualify for the above benefits at the end of the calendar month in which they are laid off or terminated, however, where lay-off is of a temporary nature, the person laid off may continue under the program by paying the total cost to the Employer by the fifteenth day of each month of so arranged with the Employer. 21.05 Should the employer elect to change benefit carriers, the level of benefits must be comparable to current benefit levels.
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GENERAL BENEFIT PROGRAM. The Employer contributes towards premium payments for coverage for each regular full time employee under the following insurance plans: Item I Employer’s Health Tax ▇▇▇▇ Hospital Coverage vision care coverage of per twenty-four (24) month period, effective date of ratification of this agreement. Hearing Aid coverage to a maximum of every months. No coverage for “over the counter” prescription drugs. Agreement between the Children's Aid Society of the Expiring March Region and Local Dental plan includes of orthodontic services, for a maximum of per year and to a lifetime maximum of for dependant children years of age. The above items are mandatory as a condition of employment for each employee residing in Ontario. However, where an employee is able to furnish proof of enrolment with spouse on I, and they shall so advise the Director of Human Resources and shall be exempt from such coverage. Employees are eligible for items and on the first of the month following a six (6) month waiting period. The Employer shall pay for each participating regular full time employee one hundred percent (100%) of the cost of items I, and in Article (a) above.
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GENERAL BENEFIT PROGRAM. The Employer contributes towards premium payments for coverage for each regular full time employee under the following insurance plans: Hearing Aid coverage to a maximum of $300.00 every 24 months. No coverage for “over the counter” prescription drugs.
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GENERAL BENEFIT PROGRAM. The Employer contributes towards premium payments for coverage for each regular full time employee under the following insurance plans: Item I Employer’s Health Tax ▇▇▇▇ Hospital Coverage Including vision care coverage of per twenty-four (24) month period, effective date of ratification of this agreement. Hearing Aid coverage to a maximum of every months. No coverage for “over the counter” prescription drugs. Item Dental Care Plan reimbursementwill be based on a one (1) year lag in the rates effective the date of ratification of this agreement and implementedon Jan. of each year. Periodontalrecall every nine (9) months. Dental plan includes of orthodontic services,for a maximum of per year and to a lifetime maximum of for dependant children years of age. The above items are mandatory as a condition of employment for each employee residing in Ontario. However, where an employee is able to furnish proof of enrolment with spouse on Item I, and they shall so advise the Director of Human Resources and shall be exempt from such coverage. Employees are eligible for and on the first of the month following a six (6) month waiting period. The Employer shall pay for each participating regular full time employee one hundred percent (100%) of the cost of items I, and in Article (a) above.
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GENERAL BENEFIT PROGRAM. Employee Benefits w i l l be administered by Services, under the following conditions: Ontario Health Insurance Plan The Board w i l l pay one hundred percent (100%) of the cost of this Plan on behalf of all participating employees. Group Life Insurance The Board shall provide a life insurance program for each employee in the bargaining unit in an amount of forty thousand dollars ($40,000.) of life insurance. The w i l l pay one hundred per- cent (100%) of the premium payable under the said policy, or, under such other as may be issued in replacement or in of t e said policy. Drug Plan deductible, including Oral contraceptives and generic drugs. The Board w i l l pay one hundred percent (100%) of the cost of this Plan on behalf of all participating employees. Dental Plan Basic restorative services, dentures and orthodontics. The Board
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Related to GENERAL BENEFIT PROGRAM

  • Benefit Programs The Executive shall be eligible to participate in any plans, programs or forms of compensation or benefits that the Company or the Company’s subsidiaries provide to the class of employees that includes the Executive, on a basis not less favorable than that provided to such class of employees, including, without limitation, group medical, disability and life insurance, paid time-off, and retirement plan, subject to the terms and conditions of such plans, programs or forms of compensation or benefits.

  • Compensation/Benefit Programs During the Term of Employment, the Executive shall be entitled to participate in all medical, dental, hospitalization, accidental death and dismemberment, disability, travel and life insurance plans, and any and all other plans as are presently and hereinafter offered by the Company to its executive personnel, including savings, pension, profit-sharing and deferred compensation plans, subject to the general eligibility and participation provisions set forth in such plans.

  • EMPLOYEE BENEFIT PROGRAM (i) During the TERM, the EMPLOYEE shall be entitled to participate in all formally established employee benefit, bonus, pension and profit-sharing plans and similar programs that are maintained by the EMPLOYERS from time to time, including programs in respect of group health, disability or life insurance, reimbursement of membership fees in civic, social and professional organizations and all employee benefit plans or programs hereafter adopted in writing by the Boards of Directors of the EMPLOYERS, for which senior management personnel are eligible, including any employee stock ownership plan, stock option plan or other stock benefit plan (hereinafter collectively referred to as the "BENEFIT PLANS"). Notwithstanding the foregoing sentence, the EMPLOYERS may discontinue or terminate at any time any such BENEFIT PLANS, now existing or hereafter adopted, to the extent permitted by the terms of such plans and shall not be required to compensate the EMPLOYEE for such discontinuance or termination. (ii) After the expiration of the TERM or the termination of the employment of the employee for any reason other than JUST CAUSE (as defined hereinafter), the EMPLOYERS shall provide a group health insurance program in which the EMPLOYEE and his spouse will be eligible to participate and which shall provide substantially the same benefits as are available to retired employees of the EMPLOYERS on the date of this AGREEMENT until both the EMPLOYEE and his spouse become 65 years of age; provided, however that all premiums for such program shall be paid equally by the EMPLOYERS and the EMPLOYEE and/or his spouse after the EMPLOYEE's retirement; provided further, however, that the EMPLOYEE may only participate in such program for as long as the EMPLOYERS elect in their sole discretion to make available an employee group health insurance program which permits the EMPLOYERS to make coverage available for retirees.

  • General Benefits During the Term of Employment, the Executive shall be entitled to participate in such employee pension and welfare benefit plans and programs of the Company as are made available to the Company's senior-level executives or to its employees generally, as such plans or programs may be in effect from time to time, including, without limitation, health, medical, dental, long-term disability, travel accident and life insurance plans.

  • Employee Benefit Programs (a) Section 5.7 of the ▇▇▇▇▇▇▇ Disclosure Letter sets forth a list of every material and significant Employee Program that is currently maintained by ▇▇▇▇▇▇▇ or an Affiliate of ▇▇▇▇▇▇▇ (a "▇▇▇▇▇▇▇ Affiliate") ("▇▇▇▇▇▇▇ Employee Programs"). (b) Each ▇▇▇▇▇▇▇ Employee Program which has been intended to qualify under Section 401(a) or 501(c)(9) of the Code has received a favorable determination or approval letter from the IRS regarding its qualification under such section and except as disclosed in Section 5.7 of the ▇▇▇▇▇▇▇ Disclosure Letter has, in fact, been qualified under the applicable section of the Code from the effective date of such ▇▇▇▇▇▇▇ Employee Program through and including the Closing Date (or, if earlier, the date that such ▇▇▇▇▇▇▇ Employee Program). No event or omission has occurred which would cause any such ▇▇▇▇▇▇▇ Employee Program to lose its qualification under the applicable Code section. (c) Neither ▇▇▇▇▇▇▇ nor any ▇▇▇▇▇▇▇ Affiliate knows, nor should any of them reasonably know, of any material failure of any party to comply with any laws applicable with respect to the ▇▇▇▇▇▇▇ Employee Programs. With respect to any ▇▇▇▇▇▇▇ Employee Program, there has been no (i) "prohibited transaction," as defined in Section 406 of ERISA or Code Section 4975, (ii) material failure to ----- comply with any provision of ERISA, other applicable law, or any agreement, or (iii) non-deductible contribution, which, in the case of any of (i), (ii), or (iii), could subject ▇▇▇▇▇▇▇ or any ▇▇▇▇▇▇▇ Affiliate to material liability either directly or indirectly (including, without limitation, through any obligation of indemnification or contribution) for any damages, penalties, or taxes, or any other loss or expense. No litigation or governmental administrative proceeding (or investigation) or other proceeding (other than those relating to routine claims for benefits) is pending or, to the knowledge of ▇▇▇▇▇▇▇, threatened with respect to any such ▇▇▇▇▇▇▇ Employee Program. (d) Except as disclosed in Section 5.7 of the ▇▇▇▇▇▇▇ Disclosure Letter, during the last 3 years, neither ▇▇▇▇▇▇▇ nor any ▇▇▇▇▇▇▇ Affiliate (i) has maintained any Employee Program which has been subject to title IV of ERISA or Code Section 412 (a "▇▇▇▇▇▇▇ Title IV Plan"), including, but not limited to, any Multiemployer Plan, (ii) has provided health care or any other non-pension benefits to any employees after their employment is terminated (other than as required by part 6 of subtitle B of title I of ERISA), or has promised to provide such post-termination benefits, for a period longer than 12 months or (iii) has provided health care or any other non-pension benefits to any individuals who were previously employed by entities acquired by ▇▇▇▇▇▇▇ prior to the date of this Agreement for a period longer than 12 months. (e) With respect to each ▇▇▇▇▇▇▇ Employee Program, complete and correct copies of the following documents (if applicable to such ▇▇▇▇▇▇▇ Employee Program) have previously been delivered to RMSI: (i) all documents embodying or governing such ▇▇▇▇▇▇▇ Employee Program, and any funding medium for the ▇▇▇▇▇▇▇ Employee Program (including, without limitation, trust agreements) as they may have been amended to the date hereof; (ii) the most recent IRS determination or approval letter with respect to such ▇▇▇▇▇▇▇ Employee Program under Code Section 401(a) or 501(c)(9), and any applications for determination or approval subsequently filed with the IRS; (iii) the three most recently filed IRS Forms 5500, with all applicable schedules and accountants' opinions attached thereto; (iv) the three most recent actuarial valuation reports completed with respect to such ▇▇▇▇▇▇▇ Employee Program; (v) the summary plan description for such ▇▇▇▇▇▇▇ Employee Program (or other descriptions of such ▇▇▇▇▇▇▇ Employee Program provided to employees) and all modifications thereto; (vi) any insurance policy (including any fiduciary liability insurance policy or fidelity bond) related to such ▇▇▇▇▇▇▇ Employee Program; (vii) any registration statement or other filing made pursuant to any federal or state securities law and (viii) all correspondence to and from any state or federal agency within the last three years. (f) Each ▇▇▇▇▇▇▇ Employee Program may be amended, terminated, or otherwise modified by ▇▇▇▇▇▇▇ to the greatest extent permitted by applicable law, including the elimination of any and all future benefit accruals under any ▇▇▇▇▇▇▇ Employee Program and, except as disclosed on Section 5.7 of the ▇▇▇▇▇▇▇ Disclosure Letter, no condition exists which would limit the right of ▇▇▇▇▇▇▇ or the ▇▇▇▇▇▇▇ Affiliate to so amend, terminate or otherwise modify such ▇▇▇▇▇▇▇ Employee Program. (g) No liability under Title IV or Section 302 of ERISA has been incurred by ▇▇▇▇▇▇▇ or any ▇▇▇▇▇▇▇ Affiliate that has not been satisfied in full and no condition exists that presents a material risk to ▇▇▇▇▇▇▇ or any ▇▇▇▇▇▇▇ Affiliate of incurring any such liability, other than liability for premiums due to the PBGC (which premiums have been paid when due). (h) The PBGC has not instituted proceedings to terminate any ▇▇▇▇▇▇▇ Title IV Plan and no condition exists that presents a material risk that such proceedings will be instituted. (i) Except as disclosed in Section 5.7 of the ▇▇▇▇▇▇▇ Disclosure Letter, with respect to each ▇▇▇▇▇▇▇ Title IV Plan, the present value of accrued benefits under such plan, based upon the actuarial assumptions used for funding purposes in the most recent actuarial report prepared by such plan's actuary with respect to such plan, did not exceed, as of its latest valuation date, the then current value of the assets of such plan allocable to such accrued benefits. (j) No ▇▇▇▇▇▇▇ Title IV Plan or any trust established there under has incurred any "accumulated funding deficiency" (as defined in Section 302 of ERISA and Section 412 of the Code), whether or not waived, as of the last day of the most recent fiscal year of each ▇▇▇▇▇▇▇ Title IV Plan ended prior to the Closing Date. (k) No amounts payable under the ▇▇▇▇▇▇▇ Employee Programs will fail to be deductible for federal income tax purposes by virtue of Section 162(a)(1), 162(m) or 280G of the Code.