Health & Welfare Plans. During the period of leave, the participant shall be entitled to continue medical, extended health, group life and dental benefits by paying his/her contractual share of the cost The Board will continue to pay its share.
Health & Welfare Plans. 27.01 The Corporation agrees to pay 100% of the cost of the monthly premiums and the Employer Health Tax for each regular employee and their eligible dependents for the following health and welfare plans:
Health & Welfare Plans. 1. The University has an Open Enrollment period during which eligible employees may elect to change health and welfare plans or coverage options. This process affords employees the opportunity for employees to choose among plans due to changes in employee circumstances coverage and costs of each plan, and plan availability which may change from year to year.
Health & Welfare Plans. The parties acknowledge that the Company Employees participate in Seller's health and welfare benefit plans and programs. As of the Effective Time, Company Employees shall cease to participate in such health and welfare plans and programs. Subject to the provisions of Section 5.5 below, Buyer shall cause such Company Employees to be permitted to participate in Buyer's employee benefits plans as promptly as possible following the Closing.
Health & Welfare Plans. In accordance with the Office Clerical Operational Supplement, the Company will continue to participate in the current health plans and will contribute up to one dollar ($1.00) per hour per year per covered employee to be divided between health and welfare and pension as decided by the Area Co-Chairs. [Language to be inserted]
Health & Welfare Plans. In accordance with the CCOS, the Company will continue to participate in the current health plans and will contribute up to one dollar ($1.00) per hour per year per covered employee to be divided between health and welfare and pension as decided by the Area Co-Chairs. [Language to be inserted]
Health & Welfare Plans. These are excerpts from the Cash Services (Canada) Great-West Life Group Plan, and are to be used as guidelines only. Please refer to Group Policy No. and Plan Document No, issued by Great-West Life and Group Policy No. Issued to the Employer by XXX Insurance as the documents..
Health & Welfare Plans. The Health and Welfare benefit will be paid as follows: Date of ratification $4.22 Effective October 1, 2020 3% Effective October 1, 2021 3% Effective October 1, 2022 3% The Company will provide a Health & Welfare allowance stated above per paid regular hour, forty (40) hours maximum per week, paid to purchase or offset the cost of health and welfare benefits that may be available now or in the future through the Company. All issues such as eligibility, enrollment, plan participation changes, plan design, claims, Company standard Annual Open Enrollment Period, and statutory administration requirements such as Affordable Care Act will be as specified in the Plan documents. Any portion of an employee’s Health & Welfare allowance left over after participating in the Company’s health & welfare plans may be contributed by the employee to the Company’s 401(k) plan, or to another bona fide qualified retirement plan established by the Company, pursuant to the terms of that plan. An employee may decline to participate in the Company’s health and welfare plans provided that the employee provides proof, satisfactory to the Company, of current, active health insurance coverage for the employee. If satisfactory proof is provided, the entire allowance stated above per paid regular hour, forty (40) hours maximum per week may be contributed by the employee to the Company’s 401(k) plan, or to another bona fide qualified retirement plan established by the Company, pursuant to the terms of that plan. Employees may elect to receive any portion of the Health & Welfare allowance not used by an employee for participation in the Company’s Health & Welfare plans or contributed to the Company’s 401(k) plan, or to another bona fide qualified retirement plan established by the Company, pursuant to the terms of that plan as cash-in-lieu less any applicable payroll taxes. Any such cash-in-lieu payment will be subject to an 8 % administrative fee. Employees covered under this Agreement will be eligible to participate in the Company’s bona fide qualified retirement plan (401K plan) in existence at the time of contribution pursuant to the terms of that plan. The Company reserves the right to change the terms of any such plan in its sole discretion.
Health & Welfare Plans. Health and Welfare benefits shall be funded by the PGAs of the provinces involved, modified from time to time and procured by the Union. Up to $200 per month shall be contributed for each full time person covered; up to $400 for each such person who has family coverage. Should the cost of providing the benefits selected exceed the amount contributed, such excess cost shall be borne by the covered persons. It is anticipated that the benefits package selected will vary from province to province, reflecting differences in law, custom, and the governmental differences in benefits provided and how benefits are funded. To the extent that benefits are funded by direct taxes or charges on the Association/Company in lieu of insurance premiums, the payment of such taxes or charges shall constitute payment of contributions. Maximum amounts paid by the Association/Company will be increase 5% each year of the Collective Agreement.
Health & Welfare Plans. 48.01 Reporting to the SAHO Board of Directors as a standing committee of the Board, the Employee Benefit Plans Committee shall be responsible for advising and making recommendations to the Board on all matters affecting SAHO's mandate in the area of Employee Benefit Plans or as otherwise determined by the SAHO Board. The Committee shall have equal representation from the Unions and the Employers up to a total of ten
