Group Life. All Regular Full-Time and Temporary Full-Time Employees who have completed six (6) months of service shall join the group life insurance plan with the following coverage: (a) Coverage shall be one and one-half (1½) times basic annual salary, which shall be computed to the next higher thousand dollars ($1,000). (b) Coverage shall be provided until age sixty-five (65) without the payment of premiums in the case of an employee becoming totally and permanently disabled prior to age sixty- five (65). (c) The Board shall pay seventy-five percent (75%) and the employees shall pay twenty-five percent (25%) of the premiums.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Group Life. All Regular Full-Time and Temporary Full-Time Employees who have completed six (6) months of service shall join the group life insurance plan Group Life Insurance Plan with the following coverage:
(a) Coverage shall be one and one-half (1½) times basic annual salary, which shall be computed to the next higher one thousand dollars ($1,000).
(b) Coverage shall be provided until age sixty-sixty five (65) without the payment of premiums in the case of an employee becoming totally and permanently disabled prior to age sixty- sixty five (65).
(c) The Board City shall pay seventy-five percent (75%) and the employees shall pay twenty-five percent (25%) of the premiumspremium.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Group Life. All Regular Full-Time and Temporary Full-Time Employees who have completed six (6) months of service shall join the group life insurance plan Group Life Insurance Plan with the following coverage:
(a) Coverage shall be one and one-half (1½) times basic annual salary, which shall be computed to the next higher one thousand dollars ($1,000).
(b) Coverage shall be provided until age sixty-sixty five (65) without the payment of premiums in the case of an employee becoming totally and permanently disabled prior to age sixty- sixty five (65).
(c) The Board City shall pay seventy-five percent (75%) and the employees shall pay twenty-five percent (25%) of the premiumspremium.
Appears in 1 contract
Samples: Collective Agreement
Group Life. All Regular Full-Time Full‐Time and Temporary Full-Time Full‐Time Employees who have completed six (6) months of service shall join the group life insurance plan Group Life Insurance Plan with the following coverage:
(a) Coverage shall be one and one-half one‐half (1½) times basic annual salary, which shall be computed to the next higher thousand dollars ($1,000).
(b) Coverage shall be provided until age sixty-five (65) 65 without the payment of premiums in the case of an employee becoming totally and permanently disabled prior to age sixty- five (65).
(c) The Board Corporation shall pay seventy-five seventy‐five percent (75%) and the employees shall pay twenty-five twenty‐five percent (25%) of the premiumspremium.
Appears in 1 contract
Samples: Collective Agreement
Group Life. All Regular Full-Time and Temporary Full-Time Employees who have completed six (6) months of service shall join the group life insurance plan with the following coverage:
(a) Coverage shall be one and one-half (1½) times basic annual salary, which shall be computed to the next higher thousand dollars ($1,000).
(b) Coverage shall be provided until age sixty-five (65) 65 without the payment of premiums in the case of an employee becoming totally and permanently disabled prior to age sixty- five (65).
(c) The Board shall pay seventy-five percent (75%) and the employees shall pay twenty-five percent (25%) of the premiums.
Appears in 1 contract
Samples: Collective Agreement
Group Life. All Regular Full-Time and Temporary Full-Time Employees who have completed six (6) months of service shall join the group life insurance plan Group Life Insurance Plan with the following coverage:
(a) Coverage shall be one and one-half (1½) times basic annual salary, which shall be computed to the next higher thousand dollars ($1,000).
(b) Coverage shall be provided until age sixty-five (65) 65 without the payment of premiums in the case of an employee becoming totally and permanently disabled prior to age sixty- five (65).
(c) The Board Corporation shall pay seventy-five percent (75%) and the employees shall pay twenty-five percent (25%) of the premiumspremium.
Appears in 1 contract
Samples: Collective Agreement