GROUP INSURANCE AND RETIREMENT Sample Clauses

GROUP INSURANCE AND RETIREMENT. 33.01 Company shall pay the premium for the applicable group benefit plan on behalf of eligible employees who have completed their probationary period.
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GROUP INSURANCE AND RETIREMENT. Life in- surance coverage and pension plan. (Additional insur- ance benefits and pension plan changes are outlined in letters of understanding.)
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GROUP INSURANCE AND RETIREMENT. (9.01) The Employer shall pay 80% of the monthly pre- miums for basic life insurance and accidental death and dismemberment insurance effective April 1, 2003, during the life of this Agreement for full-time employees. Such em- ployees are required to participate in the insurance plans. Coverage for each plan is equal to three times basic annual earnings to a maximum of $1,000,000.
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GROUP INSURANCE AND RETIREMENT. 17.1 Employees covered by these Agreements may participate in the group insurance and retirement programs of the Employer under the same terms, rates and conditions of eligibility as may be provided at any time for all other Employees of the Employer. If the Employer wishes to make any changes in the current health, dental, pension, disability or life insurance benefits: a) Union representatives will be consulted prior to making any such changes; and b) after such consultation, the Employer may make changes at its discretion provided that the aggregate amount the Employer contributes to these plans will be no less than ten and nine-tenths percent (10.9%) of the bargaining unit base payroll at the time of the proposed change.
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GROUP INSURANCE AND RETIREMENT. Effective with the date of this Agreement the Company and employees will share the cost of employee and employee dependent group insurance coverage on the following basis: Company 75% Employee 25% Effective with the date of this Agreement the Company agrees to pay the cost of employee long-term disability insurance and basic life insurance. Dental insurance coverage will be made available as an option. The employee may elect to purchase the insurance by paying the premium each month, or by increasing the deductible amounts of the current group medical plan. The Savings Incentive Plan for Employees, adopted effective December 1, 1985, shall be continued during the term of this Agreement.
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GROUP INSURANCE AND RETIREMENT. (901) The Employer shall maintain the Group Life Insurance Plan, or a Plan providing at least equal benefits. in effect at time of the signing of this Agreement during the life of this Agreement for full- time employees who have completed their probationary period. Such employees are required to participate in The Globe and Mail Group Life Plan. An employee may select coverage equal to or equal to one one-halftimes his salary at the base rate or two times his annual salary at the base rate. The Company will pay the cost of the first of coverage. For coverage in excess of the employee shall pay of the premium cost per thousand dollars of insurance and the Company shall pay the balance.
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GROUP INSURANCE AND RETIREMENT. 14.1 Insurance Plans 43 14.2 Accident Insurance 43 14.3 Tax Deferred Annuity 43 14.4 Michigan Retirement System 44 14.5 Retired Faculty Compensation 44
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GROUP INSURANCE AND RETIREMENT. 1. (a) Employees, retirees and a person with whom the employee or retiree shares a committed relationship as defined by UHC, and dependents shall be fully covered by the group medical, surgical, and hospitalization plan negotiated with the Employer. Employees shall be fully covered by the life and accidental death insurance policies and the pension plan negotiated with the Employer. In order to be eligible for retiree health insurance, an employee hired prior to April 1, 2002, or any employee who retires on a disability retirement, must have five (5) years of continuous service with the AFL-CIO, with the service contiguous to the date of retirement and an employee hired on or after April 1, 2002 (other than an employee who retires on a disability retirement) must have ten (10) years of continuous service with the AFL-CIO, with the service contiguous to the date of retirement, and an employee hired on or after October 6, 2010, must have fifteen (15) years of continuous service with the AFL-CIO, with the service contiguous to the date of retirement.
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GROUP INSURANCE AND RETIREMENT 
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Related to GROUP INSURANCE AND RETIREMENT

  • Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all other savings and retirement plans, practices, policies and programs, in each case on terms and conditions no less favorable than the terms and conditions generally applicable to the Company’s other executive employees.

  • Death, Disability, Retirement This Agreement shall terminate upon the death, disability or retirement of Executive. As used in this Agreement, the term "disability" shall mean Executive's inability, as a result of physical or mental incapacity, to substantially perform his duties with the Bank for a period of 180 consecutive days. Any question as to the existence of Executive's disability upon which the Executive and the Bank cannot agree shall be determined by a qualified independent physician mutually agreeable to Executive and the Bank or, if the parties are unable to agree upon a physician within ten (10) days after notice from either to the other suggesting a physician, by a physician designated by the then president of the medical society for the county in which Executive maintains his principal residence, upon the request of either party. The costs of any such medical examination shall be borne by the Bank. If Executive is terminated due to disability he shall be paid 100% of his Base Salary at the rate in effect at the time notice of termination is given for the remainder of the Employment Term, payable in substantially equal monthly installments less, in each case, any disability payments otherwise payable under plans provided by the Bank for disability or any governmental social security or workers compensation program, and actually paid to Executive in substantially equal monthly installments.

  • Long-Term Disability Insurance 250. The City, at its own cost, shall provide to employees a Long Term Disability (LTD) benefit that provides, after a one hundred and eighty (180) day elimination period, sixty percent salary (60%) (subject to integration) up to age sixty-five (65). Employees who are receiving or who are eligible to receive LTD shall be eligible to participate in the City's Catastrophic Illness Program as set forth in the ordinance governing such program.

  • Incentive, Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with incentive opportunities (measured with respect to both regular and special incentive opportunities, to the extent, if any, that such distinction is applicable), savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies and programs as in effect at any time during the 120-day period immediately preceding the Effective Date or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

  • Disability; Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

  • Insurance and Benefits Company shall allow Executive to participate in each employee benefit plan and to receive each executive benefit that Company provides for senior executives at the level of Executive's position.

  • Resignation and Retirement Any Trustee may resign his trust or retire as a Trustee, by written instrument signed by him and delivered to the other Trustees or to any officer of the Trust, and such resignation or retirement shall take effect upon such delivery or upon such later date as is specified in such instrument.

  • Health Benefits The method for determining the Employer bi-weekly contributions to the cost of employee health insurance programs under the Federal Employees Health Benefits Program (FEHBP) will be as follows:

  • Life and Disability Insurance The Company will provide term life and disability insurance payable to the Employee, in each case in an amount up to a maximum of one times the Employee’s base salary in effect from time to time, provided however, that such amount will be reduced by the amount of any life insurance or death or disability benefit coverage, as applicable, that is provided to the Employee under any other benefit plans or arrangements of the Company. Such policies will be in accordance with the Company’s standard policies from time to time with respect to such insurance and the rules established for individual participation in such plans and under applicable law.

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