GROUP INSURANCES Sample Clauses

GROUP INSURANCES. 1:01 Group Life Insurance All employees will, after having completed the probationary period, be insured under these plans. In accordance with the conditions set out in Sun Life Group Policy #56276, all active employees shall be entitled to the following: as of August 1, 1999 thirty thousand ($30,000.00) dollars The premiums for this insurance coverage will be one hundred (100%) percent paid by the Company.
AutoNDA by SimpleDocs
GROUP INSURANCES. Section A. Enrollment New hires will be permitted to enroll in group insurance plans for which they are eligible during their first thirty-one (31) days of employment. Coverage under such plans is effective the first day of the bi-weekly pay period after enrollment. Insurance elections made during the annual open enrollment process are effective the first day of the first full pay period in October, unless otherwise indicated. Employee premium share for health, dental and vision insurance shall be as specified in the charts appended to this Agreement. Employees hired on or after January 1, 2000, who are appointed to a position with a regular work schedule consisting of 40 hours or less per bi-weekly pay period shall pay 50% of the premium for health, dental and vision insurance. This shall not apply to an employee appointed to a permanent-intermittent position. Eligibility for enrollment shall be in accordance with current contractual provisions. Employees who have a regular work schedule of 40 hours or less per biweekly pay period who are temporarily placed on a regular work schedule of more than 40 hours per biweekly pay period for a period expected to last six months or more shall be considered as working a regular work schedule of more than 40 hours for the period of the temporary schedule adjustment. Financial incentives for selection of certain lower cost plans or for opting out of coverage will continue to be offered. The incentive amount and payment schedule will be determined in conjunction with the annual rate setting process administered by the Civil Service Commission and the State Personnel Director. Group insurance plan provisions shall be effective at the beginning of the first full pay period in October, unless otherwise specified.
GROUP INSURANCES. 18.01 The Company agrees to provide for all full time employees who have completed their probationary period the sum of $36,000.00 of Group Life Insurance; effective November 27, 2005 the sum of $37,000.00 of Group Life Insurance; and effective November 27, 2006 the sum of $38,000.00 of Group Life Insurance and during the term of this agreement, will pay the full premium cost of same.
GROUP INSURANCES. 18.01 It is agreed that during the term of this agreement the Company’s only obligation in respect of benefits is to contribute 100% of the billed premiums towards the coverage of:
GROUP INSURANCES. Section A. Enrollment
GROUP INSURANCES. The Company shall pay the cost of the group insurances as outlined in the attached Appendix “A’ except for the first month the employee will pay of the cost of their Group Insurance Package. Thereafter employees will pay the cost of the Long Term Disability Premium (until their full benefit entitlement is reached). Thereafter employees shall pay per week or 1/52 of the Long Term Disability Premium whichever is greater. These premiums shall be deducted weekly. Appendix “A shall be deemed to be part of this Agreement and shall be subject to any future negotiations. Appendix “A’ shall also be subject to the grievance and arbitration procedures hereunder for the settlement of any dispute involving the same. It is understood and agreed by the parties to this Agreement that the items contained in Appendix “A’ attached hereto shall not be changed or modified during the life of this Agreement except by negotiations and mutual agreement of both parties. The Union agrees to share with the Company all the information it receives regarding the administration of the various benefits outlined in Appendix “A’ herein and also the claims experience. In addition the Company may have their representativeto meet with the Union representativesfor the purpose of discussing any problems related to the administration of the and to review the claims experience. If the Company requests a representative of the may be requested to attend and the claims experience shall be made available.
GROUP INSURANCES. (Employees and their dependants) The Employer agrees to adhere to the United Food and Commercial Workers Benefit Trust Fund and contribute to the Fund of the United Food and Commercial Workers Benefit Trust an amount equal to 8% of gross insured monthly earnings of all eligible employees having completed three (3) months of continuous service effective January 1, 2011. Effective January 1, 2013, the Employer’s contribution will be increased to 8.5%. Effective January 1, 2015, the Employer’s contribution will increase to 9%. All such employees must adhere to the Plan and contribute to the Fund by means of weekly salary deductions an amount equal to 3.5% of their respective gross insured weekly earnings, or any other reasonable basis of contribution determined by the Board of Trustees of the Commercial Workers Group Insurance Plan effective January 1, 2011. Should an employee become disabled as a result of an occupational accident or illness, the Employer agrees to contribute 100% of the required contributions (employee and Employer) during the first six (6) months of disability. The Home shall sign the entry forms provided.
AutoNDA by SimpleDocs
GROUP INSURANCES. 26.01 In order to be eligible for the group insurance plan as set forth below, an employee must have acquired seniority.
GROUP INSURANCES. GROUP LIFE INSURANCE The Company will pay the full cost of the Group Life Insurance premiums up to a maximum coverage of Coverage in ex- cess of will be shared on a basis. The level of coverage will be two and one-half times the basic annual salary up to a maximum of The maximum level of coverage upon retirement will continue to be one-quarter of the amount of coverage being paid for by the Company up to a maximum of GROUP DISABILITY INCOME INSURANCE The Company will pay the full cost of the Group Disability Income Insurance premiums.
GROUP INSURANCES. New hires will be permitted to enroll in group insurance plans for which they are eligible during their first thirty-one (31) days of employment. Coverage under such plans is effective the first day of the bi-weekly pay period after enrollment. Insurance elections made during the annual open enrollment process are effective the first day of the first full pay period in October, unless otherwise indicated. Effective January 1, 2021, insurance elections made during the annual open enrollment process are effective on January 1 of the following year, unless otherwise indicated. Employee premium share for health, dental and vision insurance shall be as specified in the charts appended to this Agreement. Employees hired on or after January 1, 2000, who are appointed to a position with a regular work schedule consisting of 40 hours or less per bi- weekly pay period shall pay 50% of the premium for health, dental and vision insurance. This shall not apply to an employee appointed to a permanent-intermittent position. Eligibility for enrollment shall be in accordance with current contractual provisions. Employees who have a regular work schedule of 40 hours or less per biweekly pay period who are temporarily placed on a regular work schedule of more than 40 hours per biweekly pay period for a period expected to last six months or more shall be considered as working a regular work schedule of more than 40 hours for the period of the temporary schedule adjustment. Financial incentives for selection of certain lower cost plans or for opting out of coverage will continue to be offered. The incentive amount and payment schedule will be determined in conjunction with the annual rate setting process administered by the Civil Service Commission and the State Personnel Director. Group insurance plan provisions shall be effective at the beginning of the first full pay period in October, unless otherwise specified. Effective January 1, 2021, group insurance plan provisions shall be effective January 1, unless otherwise specified.
Time is Money Join Law Insider Premium to draft better contracts faster.