HEALTH & WELFARE AND PENSION Sample Clauses

HEALTH & WELFARE AND PENSION. (a) (i) Except as set forth in this Section 1(a), Health & Welfare and/or pension contributions shall be increased by forty dollars ($40.00) per week on August 1, 2018 2023 and on each subsequent August 1st during the life of the contract. Where the employees are covered by both Teamster Health & Welfare and Pension Funds in a Supplement, Rider or Addendum, the weekly health & welfare and pension contributions shall be allocated by the respective Joint Supplemental Area Negotiating Committees, subject to the approval of the Joint National Negotiating Committee.
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HEALTH & WELFARE AND PENSION. (i) Except as set forth in this Section 1(a), Health & Welfare and/ or pension contributions shall be increased by forty dollars ($40.00) per week on August 1, 20183 and each subsequent August 1st during the life of the contract. Where the employees are covered by both Teamster Health & Welfare and Pension Funds in a Supplement, Rider or Addendum, the weekly health & welfare and pension contributions shall be allocated by the respective Joint Supplemental Area Negotiating Committees, subject to the approval of the Joint National Negotiating Committee. (ii) (1) In those Supplements, Riders or Addenda, where the full-time or part-time employees are covered by the Central States Health &Welfare Plan TeamCare and a pension plan sponsored by the Employer, the hourly increase amount of money set forth on Section 1(a) above to be allocated for Health & Welfare for these full-time employees as follows: August 1, 2013 fifty cents ($0.50) August 1, 2014 fifty cents ($0.50) August 1, 2015 fifty cents ($0.50) August 1, 2016 (TBD based on Central States’ cost) August 1, 2017 (TBD based on Central States’ cost) August 1, 2018 ($0.50) August 1, 2019 ($0.50) August 1, 2020 ($0.50) August 1, 2021 (TBD based on TeamCare costs, not to exceed $0.70) August 1, 2022 (TBD based on TeamCare costs, not to exceed $0.70) The rates shall be as follows for covered part-time employees: August 1, 2018 ($0.30) August 1, 2019 ($0.30) August 1, 2020 ($0.30) August 1, 2021 (TBD based on TeamCare costs, not to exceed $0.50) August 1, 2022 (TBD based on TeamCare costs, not to exceed $0.50)
HEALTH & WELFARE AND PENSION a. In those Addenda which provide Teamster Health & Welfare and/ or Pension Funds, the negotiated monetary increases set forth in Article 34, Section 1(a) of the NMA shall be applicable. In addi- tion, the terms of Article 34, Section 1(a) and (f) of the NMA shall be applicable to determine any necessary allocations. b. Employees covered by Addenda which have Employer spon- sored plans for pension shall continue to be covered by the existing UPS sponsored plans. For those full-time or part-time employees who have received health and welfare benefits from the Company Health & Welfare Plan, ben- efits on and after January 1, 2014 will be provided by t TeamCare, under the terms set forth in Article 34 of the National Master Agree- ment. The Company will continue to provide health & welfare ben- efit coverage under the existing plan through December 31, 2013. c. Part-time and full-time employees covered by a Teamster Health and Welfare Fund will continue to be covered by those funds. d. Any eligible employee covered by this Section who retires effec- tive January 1, 2014 or thereafter shall be provided retiree medical benefits through TeamCare. e. Current retirees who are receiving benefits through a UPS spon- sored plan shall receive coverage on and after January 1, 2014 un- der the terms of the Memorandum Concerning UPS Sponsored Plans, attached to the National Master Agreement f. Contributions to pension funds will be made in accordance with Article 34 of the National Master Agreement. g. Full-Time employees of UPS Cartage Services Inc. (CSI) who were participants in the Central States Southeast and Southwest Ar- eas Pension Fund (CS Plan) as of December 26, 2007, and all future full-time employees who would have been covered by the CS Plan absent this agreement, shall be covered by the UPS/IBT Full-Time Pension Fund as set forth in Article 34, Section 1(l) of the National Master Agreement (effective upon ratification) and the related Plan Documents and Trust Agreement. Any provision in any Addenda to the CSI Supplement specifying participation in the CS Plan shall be null and void.
HEALTH & WELFARE AND PENSION. 19.01 As a condition of employment, each regular employee shall enroll, subscribe and participate in: a) the Ontario Health Insurance Plan (O.H.I.P.); b) the Supplemental Group Medical Benefits Plan; c) the University Group Life Insurance Plan; d) the University Pension Plan; e) the University Dental Plan; and f) the University Eye Care Plan 19.02 The University shall contribute one hundred percent (100%) of the billed rate for coverage under the Supplemental Group Medical Benefits Plan, University Group Life Insurance Plan, University Dental Plan and University Eye Care Plan referred to in 19.01 above. 19.03 To the University Pension Plan the University and the employee shall each contribute an amount based on the Letter of Understanding regarding Pension Plan. 19.04 The Employee shall contribute one-hundred percent (100%) of the billed rate for coverage under the Long Term Disability Plan. 19.05 An employee who wishes to retire shall endeavor to provide six (6) months’ notice in writing to their supervisor. 19.06 In the event that any of the foregoing hospital and medical plans for any reason become unavailable or are discontinued, the University shall continue to contribute towards the premium for any hospital or medical plans substituted therefore, sums of money equivalent to those being paid at the date of such unavailability or discontinuance. 19.07 The University shall establish and maintain a Joint Employment Benefits Committee to which the Union shall have the right to appoint one member. 19.08 The existing terms of the policies and the rules and requirements of the carriers of the various insurance plans shall govern. 19.09 Retired eligible members shall have the right to remain enrolled in the Supplemental Group Medical Benefits Plan and the basic University Dental Plan. The retired member shall pay one hundred percent (100%) of the premium costs of their coverage under 19.01 b) and e).
HEALTH & WELFARE AND PENSION a. In those Addenda which provide Teamster Health & Welfare and/or Pension Funds, the negotiated monetary increases set forth in Article 34, Section 1(a) of the NMA shall be applicable. In addition, the terms of Article 34, Section 1(a) and (f) of the NMA shall be applicable to determine any nec- xxxxxx allocations. b. Employees covered by Addenda which have Employer sponsored plans for pension, or health and welfare coverage shall continue to be covered by the existing UPS sponsored plans. For those full-time or part-time employees who have received health and welfare benefits from the Company Health & Welfare Plan, benefits on and after January 1, 2014 will be provided by the Central States Health & Welfare Fund (CSH&W Fund), under the terms set forth in Article 34 of the National Master Agreement. The Company will continue to provide health & welfare benefit coverage under the existing plan through December 31, 2013.
HEALTH & WELFARE AND PENSION. Section 1. Medical & Prescription (a) Upon enrollment at the Department of Human Resources, all active full-time employees and their eligible dependents shall become eligible on the first day of the next month following their date of employment for a medical and prescription drug plan. Employees shall contribute to the cost of the selected health plan (including prescriptions) on a pre-tax basis for single or family coverage at the contribution rate determined for the selected plan as follows: TempleCare shall be ten percent (10%) of the monthly premium, Advantage Plan shall be twenty percent (20%) of the monthly premium, and High Option plan shall be twenty-five percent (25%) of the monthly premium. Plan rates are subject to change at the beginning of the plan year, each January 1. (b) Current plan designs include TempleCare, Temple Advantage and High Option. TFPP reserves the right to change the plan design; however, in the event TFPP chooses to change the plan design, it will provide options with comparable benefits to the plans identified above. Prior to the introduction of new plan designs, TFPP will meet and discuss plan changes with the Association at least ninety (90) days prior to such changes, if so requested. (c) Employees and their eligible dependents enrolled in medical coverage shall be covered by a prescription drug plan where the employee co-pays equal fifteen percent (15%) towards the cost of generic prescription drugs, twenty percent (20%) towards the cost of Brand Name drugs on the Performance Drug list, and thirty-five percent (35%) toward the cost of all other Brand Name drugs not on the Performance Drug list. Each covered employee and dependent is subject to a calendar year maximum of $1,000 per person with a family maximum of $2,500 per year. The Dispensed as Written Penalty shall not be considered a co-pay within the meaning of this article.
HEALTH & WELFARE AND PENSION. Section The Employer agrees to pay for current non-probationary employees as of March per month plus tax, for the first year of this Agreement, per month, plus tax for the second year, per month plus tax in the third year and per month, plus tax in the fourth year, providing a health card and vision care are established for all non-probationary employees, to the TEAMSTERS LOCAL HEALTH AND WELFARE TRUST FUND (The “Teamsters Health Plan). It is understood that funding for all such employees will be made by the Company no later than March and that coverage under the Teamster Health Plan will begin for all such employees on March For all current employees hired on or before March who are on probationary status on March the Company agrees to provide the same level of funding as follows: funding will be made by the Company on the day of the month following completion of probationary status and coverage under the Teamster Health Plan will begin for such employees on the first day of the month following the start of funding by the Company. In order to qualify for benefit payment to the Teamster Health Fund Plan, the employee must work one (1) day during the month for which payment is provided.
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HEALTH & WELFARE AND PENSION. During the Term, Executive shall be entitled to participate, on no less favorable terms than those generally applicable to other senior executives of the Company, in all health and welfare benefit plans and programs and all retirement, deferred compensation, auto allowance and similar plans and programs generally available to other executives or employees of the Company as in effect from time to time, subject to any legally required restrictions specified in such plans and programs. Notwithstanding the foregoing, Executive shall not be eligible to participate in any severance plan, program or arrangement of the Company (other than this Agreement), including, without limitation, the Company’s Executive Severance Plan, and shall not be entitled to any severance benefits under any such plan, program or arrangement.
HEALTH & WELFARE AND PENSION. In accordance with, and subject to, the provisions contained in National Master United Parcel Service Agreement Article 34, Section 4, Paragraph 2 – Health & Welfare and Pension, each respective Western Region of Teamsters Package/Feeder and Sort Agreement may exercise the right to re-allocate pension contributions to general wage increases and any such decision to do so will be reflected in each respective Agreement.
HEALTH & WELFARE AND PENSION. Section 1. Health & welfare and/or pension contributions shall be increased by twenty-six dollars ($26) per week on August 1, 1997; 2002 and twenty-four dollars ($24.00} per week on August 1, 1998; 2003; ~ and twenty- four dollars ($24.00} per week on August 1, 1999 2004; and twenty-four dollars ($24.00) per week on August 1, 2000 2005 and twenty-four dollars ($24.00) per week on August 1, 2001. 2006;: and twenty- eight dollars {$28.00) per week on August 1, 2007. , Where the employees are covered by both Teamster Health & Welfare and Pension Funds in a Supplement, Rider or Addendum, the weekly health & welf are and pension contributions shall be allocated by the respective Joint Supplemental Area Negotiating Committees, subject to the approval of the Joint National Negotiating Committee. In those Supplements, Riders or Addenda, where some of the employees are covered by a Teamster Health and Welfare Plan and some of the employees are covered by the Company Health and Welfare Plan, the amount of money allocated to the Company Health and Welfare Plan shall be the same as the amount allocated to the Teamster Health and Welfare Plan in the Supplement, Rider or Addendum. The applicable Supplement, Rider or Addendum will reflect the appropriate agreed-to increases to the Teamster Pension Plans in those Supplements, Riders or Addenda where all the employees are in the Company Health and Welfare Plan and/or covered by Section (f) of this Article. These increases shall be allocated as follows: twenty-five cents ($0.25) per hour to Health and Welfare in each year of the contract. The remainder of the contribution increase each year will be paid into pension. It is the intent of the Employer and the Union that health & welfare and pension monies will be allocated in a manner to keep wage increases uniform. The increases accrued under this Article on August 1st, of each year, can only be allocated to health & welfare and/or pension. Any dispute concerning the allocation of health & welfare and pension money shall be determined and/or resolved by the Joint National Negotiating Committee.
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