Common use of Group Life Plan Clause in Contracts

Group Life Plan. The Employer agrees to pay one hundred percent (100%) of the premium of the existing Group Life Insurance Plan for Regular Full-Time Employees. The Plan provides a death benefit of two hundred percent (200%) of annual earnings rounded to the next higher integral multiple of $1,000, if not already an integral multiple of $1,000. The maximum amount of insurance is $1,000,000.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

Group Life Plan. The Employer agrees to pay one hundred percent (100%) % of the premium of the existing Group Life Insurance Plan for Regular Full-Time time Employees. The Plan provides a death benefit of two hundred percent (200%) % of annual earnings rounded to the next higher integral multiple of $1,000, if not already an integral multiple of $1,000. The maximum amount of life insurance is $1,000,000200,000.

Appears in 1 contract

Samples: Collective Agreement

Group Life Plan. The Employer agrees to pay one hundred percent (100%) % of the premium of the existing Group Life Insurance Plan for Regular Fullfull-Time time Employees. The Plan provides a death benefit of two hundred percent (200%) % of annual earnings rounded to the next higher integral multiple of $1,000, if not already an integral multiple of $1,000. The maximum amount of life insurance is $1,000,000200,000.

Appears in 1 contract

Samples: Collective Agreement

Group Life Plan. The Effective January 11, 2008, the Employer agrees to shall pay one hundred percent (100%) of the premium cost of the existing premiums for a Group Life Insurance Plan for Regular Full-Time Employeespermanent employees only with a coverage level of fifty thousand dollars ($50,000), and AD&D coverage of fifty thousand dollars ($50,000). The Plan provides a death benefit of two hundred percent (200%) of annual earnings rounded to Family member life insurance shall be in accordance with the next higher integral multiple of $1,000, if not already an integral multiple of $1,000. The maximum amount of insurance is $1,000,000plan documents.

Appears in 1 contract

Samples: Collective Agreement

Group Life Plan. The Employer agrees shall pay the premiums for a mutually acceptable group life insurance plan providing the following: (a) benefits equal to pay two times (2x) the employee's rate of annual earnings, with a minimum of sixty-five thousand dollars ($65,000), and a maximum of one hundred percent and fifty thousand dollars (100%$150,000); (b) of the premium of the existing Group Life Insurance Plan shall include mutually acceptable benefits for Regular Full-Time Employees. The Plan provides a death benefit of two hundred percent (200%) of annual earnings rounded to the next higher integral multiple of $1,000, if not already an integral multiple of $1,000. The maximum amount of insurance is $1,000,000accidental dismemberment.

Appears in 1 contract

Samples: Collective Agreement

AutoNDA by SimpleDocs

Group Life Plan. β€Œ The Employer agrees to pay one hundred percent (100%) of the premium of the existing Group Life Insurance Plan for Regular Full-Time Employees. The Plan provides a death benefit of two hundred percent (200%) of annual earnings rounded to the next higher integral multiple of $1,000, if not already an integral multiple of $1,000. The maximum amount of insurance is $1,000,000.

Appears in 1 contract

Samples: Collective Agreement

Group Life Plan. β€Œ The Employer agrees to pay one hundred percent (100%) % of the premium of the existing Group Life Insurance Plan for Regular Full-Time Employees. The Plan provides a death benefit of two hundred percent (200%) % of annual earnings rounded to the next higher integral multiple of $1,000, if not already an integral multiple of $1,000. The maximum amount of life insurance is $1,000,000200,000.

Appears in 1 contract

Samples: Collective Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!