Group Insurance Coverage. LIFE INSURANCE 2x annual base earnings (Maximum $100,000) ACCIDENTAL DEATH INSURANCE Matches Life benefit (24 hour cover.) WEEKLY INDEMNITY $ 475.00 (1-2-26)* * 1st day of disability due to an accident and 2nd day of disability due to sickness, for a maximum period of twenty-six (26) weeks. (The UIC rebate shall belong to the Company). HEALTH & WELFARE Health & Welfare Policy Brochures outlining Benefit coverage will be distributed with the Collective Agreement and will be made available at the request of an Employee or the Union within 30 days after ratification. The Company shall supply a copy of the Health & Welfare Policy document on request of the Union.
Group Insurance Coverage. Xxxxxxxxxx Glass of Canada Limited, located at Whitby, Ontario (hereafter referred to as the “Company”) and the National Automobile, Aerospace, Transportation and General Worker’s Union of Canada (CAW/Canada), and its Local 222 (hereinafter collectively referred to as the "Union") hereby agree as follows.
Group Insurance Coverage. If the Employee becomes entitled to a Severance Payment under this Agreement, then the Corporation shall continue to provide continued group health coverage, as otherwise required under applicable stated continuation law and the Consolidated Omnibus Budget Reconciliation Act of 1986, as amended and all applicable regulations (“COBRA”). Provided that the Employee makes the necessary COBRA elections and payments, the Corporation shall reimburse Employee for the total applicable premium costs paid by Employee for such health COBRA continuation coverage for Employee (and if applicable Employee’s dependents) until the earlier of (i) twelve months after the termination of Employee’s employment, or (ii) the maximum COBRA period. The Corporation’s obligation to reimburse premiums under this Section shall cease when the Employee obtains new employment offering healthcare benefits.
Group Insurance Coverage. Premiums for group insurance programs for a teacher on medical leave shall continue to be paid by the School District at the same rates being paid by the School District immediately prior to the teacher’s placement on medical leave.
Group Insurance Coverage. LOF Glass of Canada Limited, located at Collingwood, Ontario (hereinafter referred to as the "Company") and the International Union of Operating Engineers, Local 796 (hereinafter referred to collectively as the "Union"), hereby agree as follows:
Group Insurance Coverage. A. All full-time teachers are eligible for a $50,000 term life insurance plan with AD&D, and the Board will pay all but one dollar ($1.00) of the annual premium cost.
B. All full-time teachers are eligible for a Board contribution toward the individual employee’s group health insurance coverage carried through the Tippecanoe School Corporation. Dependent coverages may be added to the group health insurance plan and the Board will contribute to these as follows: Emp. + Spouse $1,061.05 Emp. + Children $878.19 Employee Only $725.42 Emp. + Spouse $1,311.05 Emp. + Children $1,128.19 Emp. + Family $1,682.79 Emp. + Family $1,432.79 HDHP Board Contribution (per month) For all insurance coverages, the Board will not contribute more than the amount allowed by IC 20- 26-17. The parties agree that the Board’s contribution shall be adjusted to comply with IC 20-26- 17. Based on current plan designs the monthly Board contributions to premiums will begin on December 1 and will be in effect for the calendar year. HSA contributions will begin on January 1 and will be in effect for the calendar year. The amounts are as follows: Employee Only $579.59 Emp. + Spouse $1,061.05 Emp. + Children $878.19 Emp. + Family $1,432.79 Employee Only $604.59 in premium and $120.83 in the teacher’s HSA Emp. + Spouse $1,111.05 in premium and $200 in the teacher’s HSA Emp. + Children $928.19 in premium and $200 in the teacher’s HSA Emp. + Family $1,482.79 in premium and $200 in the teacher’s HSA Employee Only $562.92 in premium and $162.50 in the teacher’s HSA Emp. + Spouse $1,090.22 in premium and $220.83 in the teacher’s HSA Emp. + Children $907.36 in premium and $220.83 in the teacher’s HSA Emp. + Family $1,461.96 in premium and $220.83 in the teacher’s HSA Due to the redistribution of the one-time bonus HSA deposit, any teacher who is enrolled in a TSC High Deductible Health Plan (HDHP) and retires at the end of the 2024-25 school-year will receive an additional HSA deposit of $250 if enrolled in the Employee Only plan and $550 if enrolled in the Employee/Spouse, Employee/Children, or Family plans on the final payout of the contract if they have not met the IRS annual limit on HSA contributions for 2025. This language only applies to the 2024-25 school-year and will expire on 6/30/2025.
Group Insurance Coverage. In the event that the Employee becomes entitled to a Severance Payment under Subsection (a) above, he shall also be entitled to the group insurance coverage described in this Subsection (b). Such coverage shall continue for the period commencing on the effective date of the employment termination and ending on the earliest of:
(i) The third anniversary of the effective date of employment termination;
(ii) With respect to a particular type of group insurance coverage, the date when the Employee, as a result of his full- or part-time employment or self-employment, becomes eligible to enroll in a group insurance program providing benefits to the Employee and his dependents which, in the aggregate, are not less valuable than the corresponding program maintained by the Company; or
(iii) The date of the Employee’s death. Such period is referred to in this Section 5 as the “Continuation Period.” During the Continuation Period, the Employee (and, where applicable, his dependents) shall be eligible to continue participation in any group insurance plans maintained by the Company, including (without limitation) health care coverage, life insurance and long-term disability income insurance. Where applicable, the Employee’s salary for purposes of such plans shall be deemed to be equal to the Base Compensation he received immediately prior to the employment termination. To the extent that the Company finds it impractical to cover the Employee under its group insurance policies during the Continuation Period, the Company shall provide the Employee with the same level of coverage under individual policies. The allocation of the cost of insurance coverage under this Subsection (b) between the Employee and the Company shall be the same as for active employees who occupy a position similar to the position occupied by the Employee at the time of the employment termination.
Group Insurance Coverage. Xxxxxxxxxx Glass of Canada Limited, located at Collingwood Ontario (hereafter referred to as the “Company”) and the United Steelworkers of America – ABG Division, AFL- CIO, CLC, and Local 252G (hereinafter referred to collectively as the “Union”), hereby agree as follows:
Group Insurance Coverage. 6.1 The Employee shall be covered under the Company’s group insurance policies applicable to its employees, subject to the terms of the relevant insurance policy and the Employee satisfying any requirements of the insurer and Company. Details of the group insurance schemes are set out in the Employee Handbook. The Company reserves the right to terminate or substitute other insurance policies for such policies or amend the scale of benefits of such policies including the level of benefits from time to time.
Group Insurance Coverage. The board shall contribute a monthly amount toward Dental, and Vision insurance coverage as identified in the District Per Month CAP table below based on insurance eligibility. Bargaining unit employees shall pay any cost that exceeds the District Per Month CAP on a pre or post tax basis based upon the employee’s election and signature authorizing deduction per IRS Section 125 Regulations of Cafeteria Plan.
