HEALTH AND BENEFIT PLANS. Employee shall be eligible to participate in such medical, dental, disability, life insurance and other benefit plans as may be maintained by the Company from time to time, on the terms and conditions set forth in such plans.
HEALTH AND BENEFIT PLANS.
(a) The Corporation agrees to pay for full time employees after thirty (30) days and eligible dependents one hundred percent (100%) of the premium for benefits as currently and more particularly described in the Plan booklet with a $10/$20 deductible for: • Vision Care (every 24 months) $420.00 effective date of ratification • Private Hospitalization • Paramedical –$500.00 per individual per benefit year per practitioner, maximum $55.00 per visit. Coverage commences from the first dollar. • Nursing Care - $5,000.00 per individual per benefit year • Hearing Aids - $400.00 per individual in each 5 year period The Corporation agrees to pay for full time employees and probationary employees after thirty (30) days and eligible dependents one hundred percent (100%) of the premium for a zero deductible for Pay Direct Drug Cards for prescription drugs, with a maximum dispensing fee of $8.50.
(b) The Corporation agrees to pay for full time employees and probationary employees after thirty (30) days and eligible dependents one hundred percent (100%) of the premium for Dental Basic Restorative at one hundred percent (100%) co-insurance. The following benefits for full time employees and eligible dependents will be a fifty percent (50%) co-insurance level, between the insurance company and the full time employee for a Dental Plan with an orthodontic rider. • Periodontics, Endodontics, caps and crowns, full or partial dentures Maximum amount is $2,000.00 annually. • Orthodontics $1,800.00 per dependent (up to age 21) lifetime maximum. The above will be based on the Ontario Dental Association Fee schedule for the preceding year updated annually on January 1st.
(c) The Corporation agrees to pay one hundred (100) percent of the premiums for a Long Term Disability Plan paying seventy percent (70%) (*) of gross regular pay to a maximum of three thousand two hundred dollars ($3,200.00) per month commencing after a waiting period of six (6) months. Premiums for the Benefit Plans as outlined in clause 16:00 (a), (b) and (c) will be paid by the Corporation for the first eighteen (18) months while the employee is on Long Term Disability. (*) O.M.E.R.S. disability payment is included in seventy (70) percent, if applicable.
(d) The Corporation agrees to pay the Employer Health Tax.
(e) The Corporation shall pay 100% of the premium cost of life insurance based on Group Life Insurance coverage at 1.5 times base salary. Optional insurance is available at the full-time employee’s co...
HEALTH AND BENEFIT PLANS. (a) Seller agrees, at Closing, to terminate all of the Continuing Employees and Buyer agrees, at Closing, to offer employment to all of the Continuing Employees. In addition, in connection with the employment of such Continuing Employees, Buyer agrees that, during the Earn-Out Period, Continuing Employees will be paid a salary and other monetary compensation as a result of such employment that is at least identical to that paid to them by Seller prior to Closing, except that Buyer shall have no obligation to pay any bonuses to the Continuing Employees on the basis of their 2014 employment by Seller. It is further understood that such compensation shall be included as 360 Division expenses in calculating Adjusted EBITDA for the Earn-Out. Within ten (10) Business Days following the Closing Date, the Continuing Employees as listed on Schedule 3.19(a) (provided such Continuing Employees are employed by Seller on the Closing Date) shall be covered as of the Closing Date by the employee benefit plans, programs, and policies established or maintained by Buyer applicable to similarly situated employees of Buyer (the “Buyer’s Plans”). After the transition to the Buyer’s Plans, Buyer agrees to maintain availability of coverage under the Buyer’s Plans for Continuing Employees (so long as such Continuing Employee is employed by Buyer) on the same basis and terms and conditions as for similarly situated employees of Buyer. Nothing contained in this Agreement (including, without limitation, this ARTICLE VII) shall (i) amend, or be deemed to amend, any of Buyer’s Plans, (ii) provide any person not a party to this Agreement with any right, benefit or remedy with regard to any of Buyer’s Plans or a right to enforce any provision of this Agreement, or (iii) limit in any way Buyer’s ability to amend or terminate any of Buyer’s Plans, at any time.
(b) Buyer shall cause each group health plan of Buyer or, with respect to an insured plan, use its commercially reasonable efforts to cause the insurer, to waive any pre-existing condition exclusions thereunder with respect to the Continuing Employees and their covered beneficiaries to the extent that such Continuing Employees are enrolled in the applicable group health plan of Seller as of the Closing Date.
(c) For purposes of this ARTICLE VII, Continuing Employees shall receive credit for purposes of eligibility to participate and for vesting and benefit accruals under Buyer’s Plans for service accrued or deemed accrued prior to t...
HEALTH AND BENEFIT PLANS. Eligibility
HEALTH AND BENEFIT PLANS. Full-time employees will be eligible for coverage from the first day of employment, subject to Plan coverage waiting periods. Term employees appointed for a term of six months or more will be eligible for coverage after the conclusion of the initial six-month period, subject to Plan coverage waiting periods. Seasonal employees are not eligible for health and benefit plan coverage. The Authority will pay of the premium costs for the coverage specified below to provide the following insurance benefits:
HEALTH AND BENEFIT PLANS. The Employer will maintain a Health and Benefit Plan and any changes to the Plan will be carried out after meaningful consultation between the and Union.
HEALTH AND BENEFIT PLANS. .01 The Company will use the best efforts to maintain the overall value of the Extended Health & Dental Benefits plan (Sun Life Financial Contract 4088, effective January 1, 2013) during the period of this Agreement. The Company agrees not to amend the plans or premium cost sharing formula unless mutually agreed to by the Union and the Company.
HEALTH AND BENEFIT PLANS. 16.01 The terms and levels of benefits in effect as of the ratification of this Agreement are defined by legislation and by the respective benefit plans. During the term of this Agreement, the University agrees to maintain the existing Benefit Plans listed in 16.02, except as they are modified by this Agreement, or except as, with the consent of the Union, improvements are made to the benefits provided to eligible employees under these plans. All changes will be extended to eligible employees as of the effective date of the change.
16.02 For the purposes of this Agreement, the Benefit Plans, in addition to the Ontario Health Insurance Plan, are those in effect as of the ratification of this agreement are as follows:
(a) Extended Health Care Plan;
(b) Dental Care Plan;
(c) Basic Group Life Insurance Plan;
(d) Optional Life Insurance Plan;
(e) Long Term Disability Plan;
(f) Optional Accidental Death, Dismemberment and Loss of Sight Plan.
16.03 The University shall pay 100% of the costs for the plans listed in 16.02, except for (e) Optional Life Insurance Plan, (f) Long Term Disability Plan, and
HEALTH AND BENEFIT PLANS. 40.01 The Authority and employee shall share the cost of the Authority’s Group Health and Benefit Plans in accordance with Appendix “D”.
HEALTH AND BENEFIT PLANS. 41.01 Eligibility
a) Full-time employees will be eligible for coverage from the first day of employment.
b) Term employees appointed for a term of six (6) months or more will be eligible for coverage from the first day of employment.
c) Seasonal employees are eligible for all health and benefit plans, except long-term disability, commencing on the first day of employment of their second consecutive full season.
41.02 The Authority will pay 100% of the premium costs for the coverages specified below to provide the following insurance benefits:
a) Extended Health Coverage
b) Dental Coverage in accordance with the preceding calendar year fee guide will remain in effect until March 31, 2009
c) Effective April 1, 2009, Dental Coverage in accordance with the current calendar year fee guide d) Vision Coverage
41.03 The Authority will pay 85% of the premium cost for the following benefit:
a) Long-Term Disability
41.04 For Basic Life Insurance, the employee will pay $0.15/ $1000.00 and the Authority will pay the balance of the premium cost.
41.05 In addition, the Authority will make available the following optional plans which will be 100% employee-funded:
a) Optional Life Insurance (including spouse and dependants)
b) Accidental Death and Dismemberment.
41.06 The Authority reserves the right to amend the existing group benefits program as currently provided in Sun Life contract number 56258/25308, provided that the amended or new plan will provide benefits that are at least comparable to those provided in Sun Life contract number 56258/25308. Further information regarding the benefit and insurance plans is provided in the Halifax International Airport Authority All Employees Group Benefits Handbook.
41.07 The Employer shall undertake to assure legal defence of any employee who is sued as a result of acts arising from the normal performance of the employee's duties, provided the employee was not acting in a grossly negligent manner.
