Common use of Group Life and Benefit Plans Clause in Contracts

Group Life and Benefit Plans. Refer to Part A, Section C-5.00, Benefits. a) The Board shall contribute 100% towards the premium costs for all benefits listed below with the exception of the LTD benefit. Employees shall pay 100% of the premium costs for LTD.The Union shall choose the Insurer for the LTD plan and shall be responsible for the administration of the plan. The Board will deduct and remit the premiums from Teachers as directed in writing by the Union. 1. Life insurance for the employee equal to $260,000. convertible 2. Dependent Life Insurance: a) Spouse $ 20,000. b) Each Child $ 10,000.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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Group Life and Benefit Plans. Refer to Part A, Section C-5.00, Benefits. a) The Board shall contribute 100% towards the premium costs for all benefits listed below with the exception of the LTD benefit. Employees shall pay 100% of the premium costs for LTD.The LTD. The Union shall choose the Insurer for the LTD plan and shall be responsible for the administration of the plan. The Board will deduct and remit the premiums from Teachers as directed in writing by the Union. 1. Life insurance for the employee equal to $260,000. convertible 2. Dependent Life Insurance: a) Spouse $ 20,000. b) Each Child $ 10,000.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Group Life and Benefit Plans. Refer to Part A, Section C-5.00, Benefits. a) The Board shall contribute 100% towards the premium costs for all benefits listed below with the exception of the LTD benefit. Employees shall pay 100% of the premium costs for LTD.The The Union shall choose the Insurer for the LTD plan and shall be responsible for the administration of the plan. The Board will deduct and remit the premiums from Teachers as directed in writing by the Union. 1. Life insurance for the employee equal to $260,000. convertible 2. convertible Dependent Life Insurance: a) Spouse $ 20,000. b) Each Child $ 10,000.

Appears in 1 contract

Samples: Collective Agreement

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Group Life and Benefit Plans. Refer to Part A, Section C-5.00, Benefits. L28.01 a) The Board shall contribute 100% towards toward the premium costs for all the benefits listed below with the exception of the LTD benefitBenefit. Employees shall pay the remaining premium costs through payroll deduction. Employees shall pay 100% of the premium costs for LTD.The Union shall choose the Insurer for the LTD plan and shall be responsible for the administration of the plan. The Board will deduct and remit the premiums from Teachers as directed in writing by the UnionLTD. 1. Life insurance for the employee all employees equal to $260,000. convertible150,000. 2. Dependent Life Insurance: a) Spouse $ 20,000. b) Each Child $ 10,000.

Appears in 1 contract

Samples: Collective Agreement

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