HEALTH INSURANCE AND PENSION BENEFITS Sample Clauses

HEALTH INSURANCE AND PENSION BENEFITS. 1. The Borough shall provide Medical and Major Medical coverage to active employees and retired employees and their dependents which coverage, if changed, shall be equal to or greater than the present coverage. Effective January 1, 2005 insurance coverage shall be changed as follows:
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HEALTH INSURANCE AND PENSION BENEFITS. 15.01 Effective 1 September 1999 the following Group Insurance and Health plans shall be provided by the Employer to all regular employees employed on a regular basis for sixteen and one-half (16.5) or more hours per week in accordance with the procedures as required by the Insurance Policies. Unless otherwise provided for herein, the plan design shall be in accordance with the former Carleton Board of Education Administrative and Support employees.
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HEALTH INSURANCE AND PENSION BENEFITS. Effective September the following Group Insurance and Health plans shall be provided by the Employer to all regular employees employed on a regular basis for sixteen and one-half (16.5) or more hours per week in accordance with the procedures as required by the Insurance Policies. Unless otherwise provided for herein, the plan design shall be in accordance with the former Board of Education Administrative and Support employees. Group Life Insurance (compulsory) providing coverage. Accidental Death and Dismemberment Insurance (compulsory) providing coverage. Employees who were previously entitled to group life insurance providing coverage of three (3) times salary may elect to continue that coverage under the group life plan at the same amount, with the employee paying of the difference in the premium above the coverage. employees who elect not to continue this higher coverage shall forfeit their right to continue this coverage. Health Plan including Major Medical Insurance, Vision Care every two years (Effective September Vision Care every two years; Effective September Vision Care every two years), (compulsory). Dental Care Plan (compulsory) Basic Plan plus co-insurance for: Major Restorative Services ($1,200 annual maximum per insured person) Orthodontic Services ($1,000 annual maximum per insured person) On January of each year the previous year's Schedule will be in effect. The Dental Care Plan concerning recall exams (under Routine Treatment) will provide coverage for oral examinations, teeth cleaning, topical application of fluoride solutions, oral hygiene instructions and bite-wing x-rays once every nine (9) months from the date of the last visit. Optional Term Life Insurance
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HEALTH INSURANCE AND PENSION BENEFITS. A. The Township shall continue to provide the current Health, Prescription and Dental Plans, which were in existence at the signing of this contract. The Township reserves the right to change carriers provided equivalent or better benefits are maintained. Current Plans are as follows: Medical: HMO Blue CIGNA HMO Horizon Blue Select PPO Health Net POS Prescription: Benecard Disability: UNUM Dental: Blue Cross CIGNA HMO B. Effective 1-1-04 for the first twenty-four (24) months of employment, the Township shall provide fully paid coverage in the POS Health Plan only. If the employee elects a plan other than the POS, the employee must pay the difference in premium cost. During this twenty-four month period, the Township shall pay 80% of the premium for Prescription and Dental coverage. The employee shall pay the remaining 20%.
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HEALTH INSURANCE AND PENSION BENEFITS. Information on the benefit entitlements identified in this Article is available on the Human Resources website (Benefit Plans) Medical, extended health, dental and insurance plan peremiums are 100% employer paid.
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Related to HEALTH INSURANCE AND PENSION BENEFITS

  • Health Insurance Benefits To the extent provided by the federal COBRA law or, if applicable, state insurance laws, and by the Company’s current group health insurance policies, Executive will be eligible to continue Executive’s group health insurance benefits at Executive’s own expense. If Executive timely elects continued coverage under COBRA, the Company shall pay Executive’s COBRA premiums, and any applicable Company COBRA premiums, necessary to continue Executive’s then-current coverage for a period of 12 months after the date of Executive’s termination of employment; provided, however, that any such payments will cease if Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such premiums. Executive agrees to immediately notify the Company in writing of any such enrollment. Notwithstanding the foregoing, if the Company determines, in its sole discretion, that it cannot provide the foregoing benefit without potentially incurring financial costs or penalties under applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to Executive a taxable monthly amount to continue his group health insurance coverage in effect on the date of separation from service (which amount shall be based on the premium for the first month of COBRA coverage), which payments shall be made regardless of whether Executive elects COBRA continuation coverage and shall commence in the month following the month in which Executive incurs a separation from service and shall end on the earlier of (x) the date on which Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such amounts and (y) 12 months after the date of Executive’s separation from service.

  • Health Benefits The method for determining the Employer bi-weekly contributions to the cost of employee health insurance programs under the Federal Employees Health Benefits Program (FEHBP) will be as follows:

  • Retirement Health Insurance Subd. 1. Benefit Eligibility for Employees who Retire Before Age 65

  • Retiree Health Insurance Retired members of the Department receiving, or to receive City of Lincoln monthly pension checks, may participate in the group comprehensive health care plan for active City employees, provided that each retiree so desiring will execute the required forms in a timely fashion, and further provided that each retiree will be required to pay the full monthly cost at the current rates subject to any rate increases which may occur from time to time. Such payment will be made by payroll deduction from pension checks, or by direct payment in the case of an early retiree.

  • Health Insurance Plan (Excluding Summer Students Regardless of Wage Schedule Paid From) These employees shall be considered as a group in order that they may apply to participate in the Supplementary Plan and the Extended Health Benefit Plan at group rates. One hundred percent (l00%) of all premiums will be paid by the employees. The Company will pay one hundred percent (l00%) of the Ontario Health Insurance Plan premium for temporary employees who have four months' accumulated service.

  • Health Insurance The Couple agrees that: (check one) ☐ - Each Spouse is responsible for THEIR OWN health insurance. ☐ - Health insurance IS PROVIDED by ☐ Husband ☐ Wife (“Health Insurance Paying Spouse”) to ☐ Husband ☐ Wife (“Health Insurance Receiving Spouse”). Health insurance shall include: (check all that apply) ☐ - Medical ☐ - Dental ☐ - Vision Care ☐ - Other. . To facilitate the use of such coverage for the Health Insurance Receiving Spouse, the Health Insurance Paying Spouse shall cooperate fully and in a timely manner, including, but not limited to, obtaining and providing all necessary insurance cards and claim forms, completing and submitting all necessary documents, and delivering all insurance payments.

  • Pension Benefits Each party reserves the right to retain as his or her sole and absolute separate property, the entire interest in pension benefits now vested, or that become vested in the future, and the right to manage, control, transfer, and convey all such property and dispose of the same by will, beneficiary designation or otherwise, without any interference from the other. The parties acknowledge that this Agreement shall constitute an effective waiver of any rights in the other's pension benefit plans. Furthermore, each party agrees to execute whatever additional waiver document may be necessary or useful to confirm such waiver of rights to the other party's pension benefit plans.

  • HEALTH & WELFARE BENEFITS Executive shall be eligible to participate in all health and welfare benefits provided generally to other employees of the Company.

  • Health insurance premiums If you are unemployed and have received unemployment compensation for 12 consecutive weeks under a federal or state program, you may take payments from your IRA to pay for health insurance premiums without incurring the 10 percent early distribution penalty tax. 6)

  • Retiree Health Benefits 1. There is currently in effect a retiree health benefit program for retired members of LACERS under LAAC Division 4, Chapter 11. All covered employees who are members of LACERS, regardless of retirement tier, shall contribute to LACERS four percent (4%) of their pre-tax compensation earnable toward vested retiree health benefits as provided by this program. The retiree health benefit available under this program is a vested benefit for all covered employees who make this contribution, including employees enrolled in LACERS Tier 3.

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