Group Life Insurance Benefits. A-3.01 All employees shall be entitled to group life insurance benefits. In the event of death, the employee's beneficiary or the employee's estate in the event that no beneficiary is named shall receive an amount equal to two (2) times the employee's annual earnings subject to the limitations of the Plan. The Employer shall pay the full premium cost of this benefit.
Appears in 3 contracts
Samples: Collective Agreement, Collective Bargaining Agreement, Collective Agreement
Group Life Insurance Benefits. A-3.01 All employees shall be entitled Subject to group life insurance benefits. In the event rules and regulations of deaththe plan, the employee's beneficiary or the employee's estate in the event that no beneficiary is named Employer shall receive an amount equal to two (2) times the employee's annual earnings subject to the limitations of the Planprovide all eligible full-time employees with Group Life Insurance benefits. The Employer shall pay pays the full premium cost of this benefitthe Group Life insurance benefits for eligible full-time employees. A-3.02 Full-time employees enrolled in the optional life insurance benefits shall pay the full cost of the premiums.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement