GROUP INSURANCE AND PENSION PLANS Sample Clauses

GROUP INSURANCE AND PENSION PLANS. (a) Employees’ participation in group plans covering pension, hospitalization, medical, life and disability shall be in accordance with the plans in force from time to time. ALBERTA HEALTH CARE Employer's contribution will be a cash amount equal to premiums in effect. EXTENDED HEALTH CARE (PLAN 1) Employer's contribution will be a cash amount equal to premiums in effect. DENTAL CARE (PLAN 3) Employer's contribution will be a cash amount equal to premiums in effect. VISION/HEARING CARE (PLAN 3) Employer's contribution will be a cash amount equal to premiums in effect. LIFE/ADD (PLAN 2A) Employer's contribution shall be one hundred percent (100%). EXTENDED DISABILITY INSURANCE (PLAN E) (PLAN D) Effective the first pay period in September 2018. Employer's contribution shall be zero percent (0%). Effective the first pay period in September 2018, seventy-five percent (75%). Plans other than pension plans shall be chosen at the Employer’s discretion, and shall provide equivalent or better benefits at a cost to the employees equal to or less than the Alberta School Employee Benefit Plan. The Employer shall pay one hundred percent (100%) of a surcharge for Extended Health Care, Dental Care, Vision/Hearing Care or Life/ADD. The Employees shall pay one hundred percent (100%) of a surcharge for Extended Disability Insurance. Effective the first pay period in September 2018, the employees shall pay twenty-five percent (25%) of a surcharge for Extended Disability Insurance and the Employer shall pay seventy-five percent (75%) of a surcharge for Extended Disability Insurance.
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GROUP INSURANCE AND PENSION PLANS the duration of this Agreement, the company shall continue In force the benefits as provided in the existing Insurance and Pension Plans. The Group Insurance and Pension Plans shall not be deemed to form a part of this Agreement. No grievance shall be considered under the of this Article except grievance to determine whether the Company is continuing force the benefits as provided in the existing Group Insurance and Pension Plans.
GROUP INSURANCE AND PENSION PLANS. 23.01 The Employer will contribute one hundred percent (100%) of the billed premiums covering benefits under the Ministry of Revenue Employer Health Tax (previously OHIP); for all employees who are full time; and who have two (2) continuous months of service, or any Plan established by the Provincial Government.
GROUP INSURANCE AND PENSION PLANS. 20.0 When enrollment and other requirements for group participation in various plans have been met, the Employer may sponsor such plans to the portions agreed upon and such sponsorship shall not exceed that which is authorized or accepted by the benefit agency. To clarify, employees working fifteen
GROUP INSURANCE AND PENSION PLANS. 19.01 For the duration of this Agreement, the Company shall continue in force the benefits as provided in the existing Group Insurance and Pension Plans which, for information purposes, are as follows:
GROUP INSURANCE AND PENSION PLANS. The Group Insurance Plan consists of Life, Accidental Death and Dismemberment, Extended Health, Prescription Reimbursement, Supplemental Hospital, Major Medical and Vision care benefits, as outlined in the booklet. The Group Life Insurance and Accidental Death and Dismemberment coverage is each. Optional coverage is available. There is no limit on Major Medical expense except for an out of Canada maximum of The Company will pay the present combined costs of the Employer Health Tax and Group Insurance Plans as defined above. Should the aforementioned costs increase, this increase will be paid by the Company and should they decrease this amount will be retained by the Company.
GROUP INSURANCE AND PENSION PLANS. 17.1 The UNS Electric, Inc. Medical Plan, Dental Plan, Vision Plan, Long Term Disability Plan, Employee Assistance Program, Flexible Spending Accounts Plan, Life Insurance Plan, 401(k) and Pension Plan effective August 11, 2003 shall be continued in effect for employees. The parties have agreed that the PPO Option A and PPO Option B medical plan options will remain in effect for the term of this agreement. Employee premium contribution rates of 22%, and 12% for these respective plans shall remain through 2019; employee contribution rates for 2020 will be 23% for Option A and 13% for Option B; employee contribution rates for 2021 will be 24% for Option A and 14% for Option B; employee contribution rate for 2022 will be 25% for Option A and 16% for Option B. Employee contribution rates for the HDHP will be 13% for 2020, 14% for 2021, and 15% for 2022. The employee contribution level for the Self-Funded Dental Plan shall be 22% for the term of the agreement. The parties agree that should the anticipated annual increase to the monthly premium rates for these plans exceed 8%, they will meet and confer to discuss alternatives and potential concepts to mitigate those increases. The parties acknowledge all of terms of said Plans. Specifically, the parties acknowledge the reservation of rights provisions in Article 9.2 of the Medical and Dental Plan and Article 7.2 of the Managed Mental Health and Substance Abuse Plan. Eligible employees may participate in the Company sponsored 401(k) Plan subject to the Plan features, rules and requirements. Employees may defer ½% to 50% of their salary. Company match is $0.50 on each $1.00 contributed by the employee up to 6%. Newly hired employees will be automatically enrolled in the 401(K) Plan at a 3 % participation level and subject to the rules of the Plan. Employees may voluntarily opt out of participating in the Plan at any time.
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GROUP INSURANCE AND PENSION PLANS a. Employees’ participation in group plans covering pension, hospitalisation, medical, life and disability shall be in accordance with the plans which are in force from time to time. ALBERTA HEALTH CARE Employer's contribution will be a cash amount equal to premiums in effect for the 2006-07, 2007-08, 2008-09, 2009-10 and 2010-11 years. EXTENDED HEALTH CARE (PLAN 2) Employer’s contribution will be a cash amount equal to premiums in effect for the 2006-07, 2007-08, 2008-09, 2009-10 and 2010-11 years. DENTAL CARE (PLAN 3) Employer’s contribution will be a cash amount equal to premiums in effect for the 2006-07, 2007-08, 2008-09, 2009-10 and 2010-11 years. VISION/HEARING CARE (PLAN 3) Employer’s contribution will be a cash amount equal to premiums in effect for the 2006-07, 2007-08, 2008-09, 2009-10 and 2010-11 years. LIFE/A.D.D. (PLAN 2A) Employer's contribution shall be one hundred percent (100%.) EXTENDED DISABILITY INSURANCE (PLAN E) Employer's contribution shall be zero percent (0%) For the 2006-07 and 2007-08 school years, the Employer will pay fifty per cent (50%) of any surcharge levied by the Alberta School Employee Benefit Plan (or a plan with equivalent or better benefits provided by the Employer or at a cost equal to or less than ASEBP) except Life Insurance/A.D.D. where the Employer pays 100% of the cost, and Extended Disability Benefits where the Employer pays 100% of the cost. Effective September 1, 2008, the Board will pay one hundred percent (100%) of any surcharge levied by the Alberta School Employee Benefit Plan or a plan with equivalent or better benefits provided by the Board or at a cost equal to or less than ASEBP.
GROUP INSURANCE AND PENSION PLANS. MGI.01 During the term of this Agreement there shall be the following “plans”: Required – Group Life InsuranceBasic Accidental Death and Dismemberment Insurance (A,D&D) – Long Term DisabilityPension PlanHealth Plan (except spousal exemption) – Dental Plan (except spousal exemption) Optional – Optional Life InsuranceDependent Life InsuranceOptional Accidental Death and Dismemberment Insurance MG.02 Over the life of this Agreement premium costs in respect of the plans identified in this Article will be paid or shared on the same percentage share basis as was the policy in effect at the time of signing this Agreement until April 1, 2008 whereby premium costs in respect of the plans identified in this Article will be paid or shared on the same percentage share basis as the new modified plan.
GROUP INSURANCE AND PENSION PLANS. 17.1 The applicable Frontier Medical Plan, Dental Plan, Vision Plan, Short Term Disability Plan, Long Term Disability Plan, Employee Assistance Program, Flexible Spending Accounts Plan, Life Insurance Plan, and Pension Plan shall be continued in effect for employees. The Company, however, reserves the right to unilaterally make any changes, additions or deletions to these plans, and the Company may drop or add plans, as the Company, in its sole discretion deems appropriate, provided that any changes, additions, deletions, subtractions or additions apply to a majority of Frontier/Citizens employees covered under such plans. Effective January 1, 2014, notwithstanding any other language in this agreement, the new hire eligibility period for all Health and Welfare benefits (except Short and Long term disability) shall be 90 days. Premiums for medical coverage may not be increased by more than twenty-five percent (25%) in any one year. However, for purposes of determining or applying this 25% cap on premium increases, the 10% tobacco user premium* shall not be included. Similarly, deductibles and co-pays may not be increased by more than twenty-five percent (25%) in any one (1) year. Effective January 1, 2014, the monthly contribution paid by the employee for the Frontier medical options shall be increased by the full amount of the Transitional Reinsurance Fee and the full amount of the Patient Centered Outcome Research Fee under the Patient Protection and Affordable Care Act (PPACA). If employees who are on a leave of absence or are otherwise off work desire to have their insurance plans kept in effect, they must pay the premiums in advance.
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