Common use of Health & Welfare Benefits Clause in Contracts

Health & Welfare Benefits. 1. The Hospital shall make monthly contributions for the purpose of providing health and welfare benefits for each resident employed within the CIR/SEIU bargaining unit and their eligible dependents to the Voluntary Hospitals House Staff Benefits Plan (VHHSBP) on the first day of each month. The contributions shall be made for the purpose of providing each Resident and their eligible dependents with hospital, medical, major medical, dental, life (participant and spouse only), dismemberment (participant only), disability (participant only) coverage, and legal services (through the CIR Legal Services) and any other benefit as defined in the Summary Plan Description to participants in the VHHSBP, and the VHHSBP shall thereupon provide such benefits (“the covered benefits”). 2. Effective on the dates noted below, the hospital shall contribute the specified monthly sums to the VHHSBP for each Resident for the purpose of providing the covered benefits to the Resident and their eligible dependents in the VHHSBP. January 1, 2023 $ 1226 January 1, 2024 $ 1263 January 1, 2025 $ 1301 In addition to the foregoing, the Trustees of VHHSBP will conduct on-going reviews of the financial status of the Plan. The Trustees of the VHHSBP shall be empowered to increase the monthly contribution rate to the VHHSBP, if necessary, in order to maintain current covered benefits and an appropriate reserve. The Trustees of the VHHSBP shall have the authority to determine whether and to what extent an increase in the monthly contribution rate is necessary to maintain current covered benefits and an appropriate reserve in accordance with the Trust Agreement and applicable laws. 3. The dependents of the participant shall be as defined in the VHHSBP Summary Plan Description. 4. The Hospital shall furnish VHHSBP with lists of incoming and terminating Residents prior to June 1 of each Plan Year. In addition, the employer shall also furnish VHHSBP with a full list of all Residents employed by the hospital twice a year (on or before August 1 and February 1 of each year) The Plan Year is the period from July 1 through June 30. For Residents starting or terminating at times other than the Plan Year, lists of newly hired or terminated residents are to be made to VHHSBP within 30 days from the date the resident is added to the payroll or terminated. The Plan shall have the right to audit the employment records of the Hospital, upon reasonable notice, to confirm any information necessary for the proper administration of the Plan and to ensure that the Hospital is remitting the appropriate contributions. 5. The Hospital shall provide these lists (cited above in paragraph 4) to CIR/SEIU in an Excel-compatible spreadsheet, either via email or on a disk. The excel spreadsheet template shall be as follows: Last Name (family name) First Name Middle Name (if any) Social Security # Current PGY Level Date of Hire Department Street Address (multiple lines separated by semicolon ";") City State Zip Code Email Home Phone # Member/Agency Fee Payer (M for member, A for agency fee payer) Family status (S for single and F for family) Date of Birth The list should include a total of all bargaining unit members. 6. The Hospital shall make monthly payments to the VHHSBP on the first of the month for which contributions are due. In the event that any required contributions are not paid when due, the Fund shall be entitled to recover interest on such unpaid contributions at the rate of 18% per annum as well as such other amounts and remedies as are available to employee benefit funds under the Employee Retirement Income Security Act, including the recovery of liquidated damages equal to 20% of unpaid contributions. 7. The Hospital shall continue to provide New York State Disability insurance to its Residents.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Health & Welfare Benefits. 1. The Hospital shall make monthly contributions for the purpose of providing health and welfare benefits for each resident employed within the CIR/SEIU bargaining unit and their eligible dependents dependants to the Voluntary Hospitals House Staff Benefits Plan (VHHSBP) on the first day of each month. The contributions shall be made for the purpose of providing each Resident and their eligible dependents dependants with hospital, medical, major medical, dental, life (participant and spouse only), dismemberment (participant only), disability (participant only) coverage, and legal services (through the CIR Legal Services) and any other benefit as defined in the Summary Plan Description to participants in the VHHSBP, and the VHHSBP shall thereupon provide such benefits (“the covered benefits”). 2. Effective on the dates noted below, the hospital shall contribute the specified monthly sums to the VHHSBP for each Resident for the purpose of providing the covered benefits to the Resident and their eligible dependents dependants in the VHHSBP. Effective Date Applicable Monthly Contribution Rate for Each Resident January 1, 2023 $ 1226 2020 $1039 January 1, 2024 $ 1263 2021 $1112 January 1, 2025 $ 1301 2022 $1190 In addition to the foregoing, the Trustees of VHHSBP will conduct on-going reviews of the financial status of the Plan. The Trustees of the VHHSBP shall be empowered to increase the monthly contribution rate to the VHHSBP, if necessary, in order to maintain current covered benefits and an appropriate reserve. The Trustees of the VHHSBP shall have the authority to determine whether and to what extent an increase in the monthly contribution rate is necessary to maintain current covered benefits and an appropriate reserve in accordance with the Trust Agreement and applicable laws. 3. The dependents of the participant shall be as defined in the VHHSBP Summary Plan Description. 4. The Hospital shall furnish VHHSBP with lists of incoming and terminating Residents prior to June 1 of each Plan Year. In addition, the employer shall also furnish VHHSBP with a full list of all Residents employed by the hospital twice a year (on or before August 1 and February 1 of each year) The Plan Year is the period from July 1 through June 30. For Residents starting or terminating at times other than the Plan Year, lists of newly hired or terminated residents are to be made to VHHSBP within 30 days from the date the resident is added to the payroll or terminated. The Plan shall have the right to audit the employment records of the Hospital, upon reasonable notice, to confirm any information necessary for the proper administration of the Plan and to ensure that the Hospital is remitting the appropriate contributions. 5. The Hospital shall provide these lists (cited above in paragraph 4) to CIR/SEIU in an Excel-compatible spreadsheet, either via email or on a disk. The excel spreadsheet template shall be as follows: Last Name (family name) First Name Middle Name (if any) Social Security # Current PGY Level Date of Hire Department Street Address (multiple lines separated by semicolon ";") City State Zip Code Email Home Phone # Member/Agency Fee Payer (M for member, A for agency fee payer) Family status (S for single and F for family) Date of Birth The list should include a total of all bargaining unit members. 6. The Hospital shall make monthly payments to the VHHSBP on the first of the month for which contributions are due. In the event that any required contributions are not paid when due, the Fund shall be entitled to recover interest on such unpaid contributions at the rate of 18% per annum as well as such other amounts and remedies as are available to employee benefit funds under the Employee Retirement Income Security Act, including the recovery of liquidated damages equal to 20% of unpaid contributions. 7. The Hospital shall continue to provide New York State Disability insurance to its Residents.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

Health & Welfare Benefits. 1. The Hospital shall make monthly contributions for the purpose of providing health and welfare benefits for each resident employed within the CIR/SEIU bargaining unit and their eligible dependents dependants to the Voluntary Hospitals House Staff Benefits Plan (VHHSBP) on the first day of each month. The contributions shall be made for the purpose of providing each Resident and their eligible dependents dependants with hospital, medical, major medical, dental, life (participant and spouse only), dismemberment (participant only), disability (participant only) coverage, and legal services (through the CIR Legal Services) and any other benefit as defined in the Summary Plan Description to participants in the VHHSBP, and the VHHSBP shall thereupon provide such benefits (“the covered benefits”). 2. Effective on the dates noted below, the hospital shall contribute the specified monthly sums to the VHHSBP for each Resident for the purpose of providing the covered benefits to the Resident and their eligible dependents dependants in the VHHSBP. Effective Date Applicable Monthly Contribution Rate for Each Resident November 1, 2011 $550 November 1, 2012 $600 August 1, 2013 $770 January 1, 2023 $ 1226 January 1, 2024 $ 1263 January 1, 2025 $ 1301 2016 $770 In addition to the foregoing, the Trustees of VHHSBP will conduct on-going reviews of the financial status of the Plan. The Trustees of the VHHSBP shall be empowered to increase the monthly contribution rate to the VHHSBP, if necessary, in order to maintain current covered benefits and an appropriate reserve. The Trustees of the VHHSBP shall have the authority to determine whether and to what extent an increase in the monthly contribution rate is necessary to maintain current covered benefits and an appropriate reserve in accordance with the Trust Agreement and applicable laws. 3. The dependents of the participant shall be as defined in the VHHSBP Summary Plan Description. 4. The Hospital shall furnish VHHSBP with lists of incoming and terminating Residents prior to June 1 of each Plan Year. In addition, the employer shall also furnish VHHSBP with a full list of all Residents employed by the hospital twice a year (on or before August 1 and February 1 of each year) The Plan Year is the period from July 1 through June 30. For Residents starting or terminating at times other than the Plan Year, lists of newly hired or terminated residents are to be made to VHHSBP within 30 days from the date the resident is added to the payroll or terminated. The Plan shall have the right to audit the employment records of the Hospital, upon reasonable notice, to confirm any information necessary for the proper administration of the Plan and to ensure that the Hospital is remitting the appropriate contributions. 5. The Hospital shall provide these lists (cited above in paragraph 4) to CIR/SEIU in an Excel-compatible spreadsheet, either via email or on a disk. The excel spreadsheet template shall be as follows: Last Name (family name) First Name Middle Name (if any) Social Security # Current PGY Level Date of Hire Department Street Address (multiple lines separated by semicolon ";") City State Zip Code Email Home Phone # Member/Agency Fee Payer (M for member, A for agency fee payer) Family status (S for single and F for family) Date of Birth The list should include a total of all bargaining unit members. 6. The Hospital shall make monthly payments to the VHHSBP on the first of the month for which contributions are due. In the event that any required contributions are not paid when due, the Fund shall be entitled to recover interest on such unpaid contributions at the rate of 18% per annum as well as such other amounts and remedies as are available to employee benefit funds under the Employee Retirement Income Security Act, including the recovery of liquidated damages equal to 20% of unpaid contributions. 7. The Hospital shall continue to provide New York State Disability insurance to its Residents.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Health & Welfare Benefits. 1. The Hospital shall make monthly contributions for the purpose of providing health and welfare benefits for each resident employed within the CIR/SEIU bargaining unit and their eligible dependents dependants to the Voluntary Hospitals House Staff Benefits Plan (VHHSBP) on the first day of each month. The contributions shall be made for the purpose of providing each Resident and their eligible dependents dependants with hospital, medical, major medical, dental, life (participant and spouse only), dismemberment (participant only), disability (participant only) coverage, coverage and legal services (through the CIR Legal Services) and any other benefit as defined in the Summary Plan Description to participants in the VHHSBP, and the VHHSBP shall thereupon provide such benefits (“the covered benefits”). 2. Effective on the dates noted below, the hospital shall contribute the specified monthly sums to the VHHSBP for each Resident for the purpose of providing the covered benefits to the Resident and their eligible dependents dependants in the VHHSBP. Effective Date Applicable Monthly Contribution Rate for Each Resident January 1, 2023 $ 1226 2017 $832 January 1, 2024 $ 1263 2018 $899 January 1, 2025 $ 1301 2019 $971 In addition to the foregoing, the Trustees of VHHSBP will conduct on-going reviews of the financial status of the Plan. The Trustees of the VHHSBP shall be empowered to increase the monthly contribution rate to the VHHSBP, if necessary, in order to maintain current covered benefits and an appropriate reserve. The Trustees of the VHHSBP shall have the authority to determine whether and to what extent an increase in the monthly contribution rate is necessary to maintain current covered benefits and an appropriate reserve in accordance with the Trust Agreement and applicable laws. 3. The dependents of the participant shall be as defined in the VHHSBP Summary Plan Description. 4. The Hospital shall furnish VHHSBP with lists of incoming and terminating Residents prior to June 1 of each Plan Year. In addition, the employer shall also furnish VHHSBP with a full list of all Residents employed by the hospital twice a year (on or before August 1 and February 1 of each year) The Plan Year is the period from July 1 through June 30. For Residents starting or terminating at times other than the Plan Year, lists of newly hired or terminated residents are to be made to VHHSBP within 30 days from the date the resident is added to the payroll or terminated. The Plan shall have the right to audit the employment records of the Hospital, upon reasonable notice, to confirm any information necessary for the proper administration of the Plan and to ensure that the Hospital is remitting the appropriate contributions. 5. The Hospital shall provide these lists (cited above in paragraph 4) to CIR/SEIU in an Excel-compatible spreadsheet, either spreadsheet via email or on a diskemail. The excel spreadsheet template shall be as follows: Last Name (family name) First Name Middle Name (if any) Last four (4) digits of Social Security # plus Kronos ID number Current PGY Level Date of Hire Department Street Address (multiple lines separated by semicolon ";") City State Zip Code Email Home Phone # Member/Agency Fee Payer (M for member, A for agency fee payer) Family status (S for single and F for family) Date of Birth The list should include a total of all bargaining unit members. 6. The Hospital shall make monthly payments to the VHHSBP on the first of the month for which contributions are due. In the event that any required contributions are not paid when due, the Fund shall be entitled to recover interest on such unpaid contributions at the rate of 18% per annum as well as such other amounts and remedies as are available to employee benefit funds under the Employee Retirement Income Security Act, including the recovery of liquidated damages equal to 20% of unpaid contributions. 7. The Hospital shall continue to provide New York State Disability insurance to its Residents.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Health & Welfare Benefits. 1. The Hospital shall make monthly contributions for the purpose of providing health and welfare benefits for each resident employed within the CIR/SEIU bargaining unit and their eligible dependents dependants to the Voluntary Hospitals House Staff Benefits Plan (VHHSBP) on the first day of each month. The contributions shall be made for the purpose of providing each Resident and their eligible dependents dependants with hospital, medical, major medical, dental, life (participant and spouse only), dismemberment (participant only), disability (participant only) coverage, coverage and legal services (through the CIR Legal Services) and any other benefit as defined in the Summary Plan Description to participants in the VHHSBP, and the VHHSBP shall thereupon provide such benefits (“the covered benefits”). 2. Effective on the dates noted below, the hospital shall contribute the specified monthly sums to the VHHSBP for each Resident for the purpose of providing the covered benefits to the Resident and their eligible dependents dependants in the VHHSBP. January 1, 2023 $ 1226 January 1, 2024 $ 1263 January 1, 2025 $ 1301 $1039 $1112 $1190 In addition to the foregoing, the Trustees of VHHSBP will conduct on-going reviews of the financial status of the Plan. The Trustees of the VHHSBP shall be empowered to increase the monthly contribution rate to the VHHSBP, if necessary, in order to maintain current covered benefits and an appropriate reserve. The Trustees of the VHHSBP shall have the authority to determine whether and to what extent an increase in the monthly contribution rate is necessary to maintain current covered benefits and an appropriate reserve in accordance with the Trust Agreement and applicable laws. 3. The dependents of the participant shall be as defined in the VHHSBP Summary Plan Description. 4. The Hospital shall furnish VHHSBP with lists of incoming and terminating Residents prior to June 1 of each Plan Year. In addition, the employer shall also furnish VHHSBP with a full list of all Residents employed by the hospital twice a year (on or before August 1 and February 1 of each year) The Plan Year is the period from July 1 through June 30. For Residents starting or terminating at times other than the Plan Year, lists of newly hired or terminated residents are to be made to VHHSBP within 30 days from the date the resident is added to the payroll or terminated. The Plan shall have the right to audit the employment records of the Hospital, upon reasonable notice, to confirm any information necessary for the proper administration of the Plan and to ensure that the Hospital is remitting the appropriate contributions. 5. The Hospital shall provide these lists (cited above in paragraph 4) to CIR/SEIU in an Excel-Excel- compatible spreadsheet, either spreadsheet via email or on a diskemail. The excel spreadsheet template shall be as follows: Last Name (family name) First Name Middle Name (if any) Last four (4) digits of Social Security # plus Kronos ID number Current PGY Level Date of Hire Department Street Address (multiple lines separated by semicolon ";") City State Zip Code Email Home Phone # Member/Agency Fee Payer (M for member, A for agency fee payer) Family status (S for single and F for family) Date of Birth The list should include a total of all bargaining unit members. 6. The Hospital shall make monthly payments to the VHHSBP on the first of the month for which contributions are due. In the event that any required contributions are not paid when due, the Fund shall be entitled to recover interest on such unpaid contributions at the rate of 18% per annum as well as such other amounts and remedies as are available to employee benefit funds under the Employee Retirement Income Security Act, including the recovery of liquidated damages equal to 20% of unpaid contributions. 7. The Hospital shall continue to provide New York State Disability insurance to its Residents. 8. The Hospital shall continue to provide and administer a Flexible Spending Account for IRS eligible Dependent Care Expenses for each Resident with eligible dependents subject to and in accordance with the Hospital’s program. The Hospital will allow Residents to elect to make voluntary payroll deductions up to the allowable IRS maximum for said account.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Health & Welfare Benefits. 1. The Hospital shall make monthly contributions for the purpose of providing health and welfare benefits for each resident employed within the CIR/SEIU bargaining unit and their eligible dependents dependants to the Voluntary Hospitals House Staff Benefits Plan (VHHSBP) on the first day of each month. The contributions shall be made for the purpose of providing each Resident and their eligible dependents dependants with hospital, medical, major medical, dental, life (participant and spouse only), dismemberment (participant only), disability (participant only) coverage, coverage and legal services (through the CIR Legal Services) and any other benefit as defined in the Summary Plan Description to participants in the VHHSBP, and the VHHSBP shall thereupon provide such benefits (“the covered benefits”). 2. Effective on the dates noted below, the hospital shall contribute the specified monthly sums to the VHHSBP for each Resident for the purpose of providing the covered benefits to the Resident and their eligible dependents dependants in the VHHSBP. Effective Date Applicable Monthly Contribution Rate for Each Resident January 1, 2023 $ 1226 2020 $1039 January 1, 2024 $ 1263 2021 $1112 January 1, 2025 $ 1301 2022 $1190 In addition to the foregoing, the Trustees of VHHSBP will conduct on-going reviews of the financial status of the Plan. The Trustees of the VHHSBP shall be empowered to increase the monthly contribution rate to the VHHSBP, if necessary, in order to maintain current covered benefits and an appropriate reserve. The Trustees of the VHHSBP shall have the authority to determine whether and to what extent an increase in the monthly contribution rate is necessary to maintain current covered benefits and an appropriate reserve in accordance with the Trust Agreement and applicable laws. 3. The dependents of the participant shall be as defined in the VHHSBP Summary Plan Description. 4. The Hospital shall furnish VHHSBP with lists of incoming and terminating Residents prior to June 1 of each Plan Year. In addition, the employer shall also furnish VHHSBP with a full list of all Residents employed by the hospital twice a year (on or before August 1 and February 1 of each year) The Plan Year is the period from July 1 through June 30. For Residents starting or terminating at times other than the Plan Year, lists of newly hired or terminated residents are to be made to VHHSBP within 30 days from the date the resident is added to the payroll or terminated. The Plan shall have the right to audit the employment records of the Hospital, upon reasonable notice, to confirm any information necessary for the proper administration of the Plan and to ensure that the Hospital is remitting the appropriate contributions. 5. The Hospital shall provide these lists (cited above in paragraph 4) to CIR/SEIU in an Excel-compatible spreadsheet, either spreadsheet via email or on a diskemail. The excel spreadsheet template shall be as follows: Last Name (family name) First Name Middle Name (if any) Last four (4) digits of Social Security # plus Kronos ID number Current PGY Level Date of Hire Department Street Address (multiple lines separated by semicolon ";") City State Zip Code Email Home Phone # Member/Agency Fee Payer (M for member, A for agency fee payer) Family status (S for single and F for family) Date of Birth The list should include a total of all bargaining unit members. 6. The Hospital shall make monthly payments to the VHHSBP on the first of the month for which contributions are due. In the event that any required contributions are not paid when due, the Fund shall be entitled to recover interest on such unpaid contributions at the rate of 18% per annum as well as such other amounts and remedies as are available to employee benefit funds under the Employee Retirement Income Security Act, including the recovery of liquidated damages equal to 20% of unpaid contributions. 7. The Hospital shall continue to provide New York State Disability insurance to its Residents. 8. The Hospital shall continue to provide and administer a Flexible Spending Account for IRS eligible Dependent Care Expenses for each Resident with eligible dependents subject to and in accordance with the Hospital’s program. The Hospital will allow Residents to elect to make voluntary payroll deductions up to the allowable IRS maximum for said account.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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