Common use of Group Benefit Plans Clause in Contracts

Group Benefit Plans. (a) The Employer will continue to participate in a Long Term Disability Insurance and Pension Plan (or equivalent) which existed with the coming into force of this Agreement under the same cost-sharing as existed at that time. (b) The Employer agrees to cost share on the basis of 65% of the premiums for the Group Health Plan for those employees who are eligible and who pay their respective share on the basis of 35% of the premiums to participate in the Plan.

Group Benefit Plans. (a) The Employer will continue to participate in a Group Health Plan, Long Term Disability Insurance Insurance, and Pension Plan (or equivalent) which existed with the coming into force of this Agreement under the same cost-sharing as existed at that time. (b) The Employer agrees to cost share on standardize the basis of 65% of the premiums group life insurance coverage for the Group Health Plan for those all employees. All employees who are eligible and who pay their respective share on the basis of 35% of the premiums will be enrolled (subject to participate eligibility requirements) in the Plansame plan (i.e. two (2) times annual salary payout plan) at 50%/50% Employer/Employee cost sharing.