HEALTH AND WELFARE BENEFIT COVERAGE Sample Clauses

HEALTH AND WELFARE BENEFIT COVERAGE. (a) Life Insurance - The Plan shall provide coverage of thirty thousand dollars ($30,000.00). The amount of the coverage shall be reduced to fifteen thousand dollars ($15,000.00) on the date the employee attains the age of sixty-five (65). The benefit coverage shall cease when the employee attains the age of seventy (70). The Plan shall include similar coverage for accidental death and dismemberment insurance. (b) Health Insurance - The employee, and his/her eligible dependents, shall receive the level of benefits as provided for in the Plan. There is a deductible of twenty-five dollars ($25.00) per calendar year for the total covered expenses incurred by all covered persons in a family. (Effective January 1, 2007, the annual deductible amount shall increase to fifty dollars ($50.00).) The benefit coverage shall cease when the employee attains the age of seventy (70). The Health Insurance Plan shall provide for Vision Care for the employee and his/her eligible dependents, on the following basis: A maximum of $250.00 in any 24 month period for eyeglasses and frames and/or contact lenses. (c) Dental Insurance - The employee, and his/her eligible dependents, shall receive the following levels of coverage under the Plan: (i) Basic Services - 100% (ii) Restorative Services - 50% (iii) Orthodontic Services - 50% There is a calendar year maximum for basic and restorative expenses combined of two thousand five hundred dollars ($2,500.00). There is a lifetime maximum for orthodontic expenses of two thousand dollars ($2,000.00). The benefit coverage shall cease when the employee attains the age of seventy (70).
Sample 1
AutoNDA by SimpleDocs
HEALTH AND WELFARE BENEFIT COVERAGE. (a) Life Insurance - The Plan shall provide coverage of forty thousand dollars ($40,000.00). The amount of the coverage shall be reduced to fifteen thousand dollars ($15,000.00) on the date the employee attains the age of sixty-five (65). The benefit coverage shall cease when the employee attains the age of seventy (70).
Sample 1
HEALTH AND WELFARE BENEFIT COVERAGE. Section 17.1 The premiums for the existing plan for employees choosing to enroll shall continue to be co- pay with the Company’s portion being sixty (60%) per cent and the employees portion forty (40%) per cent. “Opt-Out” to include: “STD, LTD, Life Insurance, Dependent Life Insurance and AD&D” also referred to as the “group insurance benefit”. The Company is responsible for the payment of premiums, and assisting employees with any problems they might encounter with the Administrator.
Sample 1
HEALTH AND WELFARE BENEFIT COVERAGE a. Part and full-time employees shall transition to the Teamster health and welfare fund specified in the applicable SRA, effective January 1 of the year following the date on which they become covered by this Addendum. Prior to that transition date, the applicable UPS Health and Welfare offerings shall continue to apply. However, such covered employees who have health insurance through a UPS plan shall not be required to pay any portion of the health insurance premiums (i.e., weekly payroll deductions) until such time as they become eligible under the applicable Teamster health and welfare fund. b. In any event, no covered employee shall be without health insurance coverage as a result of becoming covered by this Addendum. Article 34, Section 2(d) shall not apply to any covered employee who has UPS provided health insurance coverage on the date this Addendum becomes applicable to the individual employee. Article 34, Section 2(d) shall, however, apply to any subsequent newly hired employee entering a covered job.
Sample 1
HEALTH AND WELFARE BENEFIT COVERAGE. (a) Life Insurance The Employer shall pay one hundred percent (100%) of the monthly premium costs of a Group Life Insurance Plan for an eligible employee. The Plan shall provide principal coverage to thirty thousand dollars ($30,000.00). The amount of the coverage shall be reduced to fifteen thousand dollars ($15,000.00) on the date the employee attains the age of sixty-five (65). The benefit coverage shall cease when the employee attains the age of seventy (70). The Group Life Insurance Plan shall include similar coverage for accidental death and dismemberment insurance.
Sample 1
HEALTH AND WELFARE BENEFIT COVERAGE. The Company shall make available Heath and Welfare benefits to all bargaining unit employees desiring to accept said benefits. Employee may choose from those plans which are made available by the Company. Health and welfare benefits shall include life, accident and health insurance, and short/long term disability plans. In the event an employee opts to participate in any plan, the cost of coverage will be withheld via payroll deduction. In the event an employee’s coverage cost is less than the cash value of Health and Welfare Benefit as defined in 24.01, the difference shall be paid to the employee.
Sample 1
HEALTH AND WELFARE BENEFIT COVERAGE. Section 17.1 The Company shall pay premiums for Health and Welfare benefit coverage into the Teamsters Local 938 Health and Welfare Plan as follows: May 30/08 $185.00 May 30/09 $190.00 May 30/10 $200.00 May 30/11 $210.00 The Company is responsible for the payment of premiums only. Determination as to entitlement to Health and Welfare benefits, including eligibility for coverage, will be made solely by the Plan Administrator in accordance with the Plan, and shall not be the subject of a grievance.
Sample 1
AutoNDA by SimpleDocs
HEALTH AND WELFARE BENEFIT COVERAGE. (a) Life Insurance - The Plan shall provide coverage of forty thousand dollars ($40,000.00). The amount of the coverage shall be reduced to fifteen thousand dollars ($15,000.00) on the date the employee attains the age of sixty-five (65). The benefit coverage shall cease when the employee attains the age of seventy (70). (b) For paramedical services (i.e. chiropractor, therapeutic massages, and counselling services), the Employer will pay the following portions of the costs of those services within the $300 annual, per employee benefit reimbursement limit: $35.00 per visit effective June 1, 2017 $45.00 per visit effective June 1, 2018 $45.00 per visit effective June 1, 2019
Sample 1

Related to HEALTH AND WELFARE BENEFIT COVERAGE

  • Health and Welfare Benefits applies to full-time nurses only)

  • Health and Welfare Benefit Plans During the Employment Period, Executive and Executive’s immediate family shall be entitled to participate in such health and welfare benefit plans as the Employer shall maintain from time to time for the benefit of senior executive officers of the Employer and their families, on the terms and subject to the conditions set forth in such plan. Nothing in this Section shall limit the Employer’s right to change or modify or terminate any benefit plan or program as it sees fit from time to time in the normal course of business so long as it does so for all senior executives of the Employer.

  • Health & Welfare Benefits Executive shall be eligible to participate in all health and welfare benefits provided generally to other employees of the Company.

  • Retirement and Welfare Benefits During the Term, the Executive shall be eligible to participate in the Company’s health, life insurance, long-term disability, retirement and welfare benefit plans, and programs available to similarly-situated employees of the Company, pursuant to their respective terms and conditions. Nothing in this Agreement shall preclude the Company or any Affiliate (as defined below) of the Company from terminating or amending any employee benefit plan or program from time to time after the Effective Date.

  • Benefit Coverage The Company agrees to provide pension and welfare benefits as described in the Company Booklets, benefit plan documents or policies of insurance for the duration of the Agreement.

  • HEALTH AND WELFARE PLAN 9.01 The Employer shall make available the following or similar benefits as mutually agreed between the Employer and the Union to eligible regular full-time employees (as defined below). The cost of the benefits under Sections 9.07, 9.08, 9.09, 9.10, 9.11, 9.12 and 9.13 below shall be paid one hundred percent (100%) by the Employer. An eligible full-time employee shall be one who has three (3) consecutive months current employment at the effective date of the Plan. Benefits for full-time employees who are laid off will be maintained by the Employer for one half (½) of the employee's recall period as specified in Section 14.04 on the following basis: - B.C. Medical Services Plan (M.S.P.) - Group Life Insurance - Hearing aid, eyeglasses and prescription drug coverage A regular full-time employee who does not have three (3) months' current consecutive full-time service at the effective date of the Plan, or a new employee, shall be eligible the day following the date their current consecutive full-time service reaches three (3) months. 9.02 A regular full-time employee reduced to part-time shall continue to be eligible to participate in the Plan. Full-time employees reducing to below thirty-two (32) hours per week shall receive proportionate Weekly Indemnity benefits. Employees shall return completed enrollment forms as soon as possible. The Employer will only offer benefits after first eligibility test is met. If refused at that time by the employee, further testing is not required. If an employee later wants coverage, it is his or her responsibility to make application to the Employer. If he or she is eligible for coverage, the same rules regarding late enrollment as apply to full- time staff may be imposed. 9.03 The Employer shall also make available the benefits to employees (except students) who work an average of thirty-two (32) hours per week for a period of three (3) consecutive months. Such employees shall receive the same benefits as set out for full-time employees in this Section of the Agreement. 9.04 For the purposes of entitlement and disentitlement, the conditions set out below will apply: A. Employees who average thirty-two (32) hours per week for a three (3) month period will be eligible for all benefits under Section 9 on the first of the month following meeting this requirement. Eligibility verifications will be done each month ending on the last Saturday of the month on a 4, 4, 5 basis, i.e.: if an employee had averaged thirty-two (32) hours per week in the three (3) months prior to April 25, he/she would become eligible for the benefit package on May 1. B. If an employee fails to meet the eligibility test, he/she will continue to be eligible for three (3) months. At that time he/she will be tested again and, if eligible, will continue receiving benefits. If not eligible, will cease receiving benefits. Thereafter at the end of each month, the employee's eligibility will be tested and, as soon as he/she becomes eligible again, benefits will be reinstated. 9.05 The Employer shall also make available: - Medical Services Plan (M.S.P.) - Extended Health Benefit (E.H.B.) - Hearing Aid, Eyeglass, Prescription Drug Plan (H.E.P.) to employees (except students) who work an average of twenty-four (24) hours per week for a period of three (3) consecutive months. For the purposes of entitlement and disentitlement, the hours' tests set out above will apply, but will be based on twenty-four (24) hours instead of thirty-two (32) hours per week. New employees who are covered by the B.C. Medical Services Plan at the date of their employment can elect to maintain their continuity of coverage to be paid as defined above. 9.06 Enrollment of group benefits shall be compulsory at the option of the Employer. The Employer, at his option, may require all enrollment cards to be signed within three (3) months from the date that regular full-time employment commenced. If, under exceptional circumstances, an employee does not sign an enrollment card within three (3) months of employment, he or she may be allowed a further month of grace at the option of the Employer. A period of grace longer than one (1) month may be allowed by the Employer; but, in such cases, a medical examination at the employee's own expense shall be compulsory and a three (3) month penalty period may be imposed.

  • Health and Welfare Fund Pursuant to provisions contained in a pre­ vious Collective Bargaining Agreement, there has been established a Health and Welfare Fund known as the “ Retail Meat Cutter Unions and Employers Joint Health and Welfare Fund For The Chicago Area” ; said Fund is hereinafter referred to as the “ Health and Welfare Fund.”

  • Health and Welfare Plans (a) A copy of the master contracts with the carriers for the extended health care, dental and group life plans shall be sent to the President of the Union. (b) The Employer will consult the Union before developing any pamphlet explaining the highlights of the plans for distribution to employees. The cost of such a pamphlet shall be borne by the Employer.

  • Welfare Benefits Subject to the terms and conditions of this Agreement, for a period of six (6) months following the date of the Involuntary Termination (and an additional twelve (12) months if the Executive provides consulting services under Section 14(f) hereof), the Executive and his dependents shall be provided with group medical benefits which are substantially similar to those provided from time to time to similarly situated active employees of the Company (and their eligible dependents) (“Medical Continuation Benefits”). Without limiting the generality of the foregoing, such Medical Continuation Benefits shall be provided on substantially the same terms and conditions and at the same cost to the Executive as apply to similarly situated active employees of the Company. Such benefits shall be provided in a manner that complies with Treasury Regulation Section 1.409A-1(a)(5). Notwithstanding the foregoing, if Sempra Energy determines in its sole discretion that the Medical Continuation Benefits cannot be provided without potentially violating applicable law (including, without limitation, Section 2716 of the Public Health Service Act) or that the provision of Medical Continuation Benefits under this Agreement would subject Sempra Energy or any of its Affiliates to a material tax or penalty, (i) the Executive shall be provided, in lieu thereof, with a taxable monthly payment in an amount equal to the monthly premium that the Executive would be required to pay to continue the Executive’s and his covered dependents’ group medical benefit coverages under COBRA as then in effect (which amount shall be based on the premiums for the first month of COBRA coverage) or (ii) Sempra Energy shall have the authority to amend the Agreement to the limited extent reasonably necessary to avoid such violation of law or tax or penalty and shall use all reasonable efforts to provide the Executive with a comparable benefit that does not violate applicable law or subject Sempra Energy or any of its Affiliates to such tax or penalty.

  • Welfare Benefit Plans During the Employment Period, the Executive and/or the Executive's family, as the case may be, shall be eligible for participation in and shall receive all benefits under welfare benefit plans, practices, policies and programs provided by the Company and its affiliated companies (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans and programs) to the extent applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with benefits which are less favorable, in the aggregate, than the most favorable of such plans, practices, policies and programs in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

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