HEALTH AND INSURANCE BENEFITS. As of October 31 each year, the actual cost of providing benefits as contained in Article 32.01 shall be calculated as the total premium due and paid to the insurer for the benefits in force by the Union for each member of the bargaining unit for the immediately preceding period of November 01 • October 31. The Union shall ensure that detailed monthly xxxxxxxx are available for the purposed of calculating the premiums required for the coverage in force. The total cost will exclude any amounts required to fund any reserves under the program.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
HEALTH AND INSURANCE BENEFITS. As of October 31 each year, the actual cost of providing benefits as contained in Article 32.01 shall be calculated as the total premium due and paid to the insurer for the benefits in force by the Union for each member of the bargaining unit for the immediately preceding period of November 01 • - October 31. The Union shall ensure that detailed monthly xxxxxxxx are available for the purposed of calculating the premiums required for the coverage in force. The total cost will exclude any amounts required to fund any reserves under the program.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
HEALTH AND INSURANCE BENEFITS. As of October 31 each year, the actual cost of providing benefits as contained in Article 32.01 shall be calculated as the total premium due and paid to the insurer for the benefits in force by the Union for each member of the bargaining unit for the immediately preceding period of November 01 • October 31. The Union shall ensure that detailed monthly xxxxxxxx are available for the purposed of calculating the premiums required for the coverage in force. The total cost will exclude any amounts required to fund any reserves under the program.
Appears in 1 contract
Samples: Collective Agreement