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:
a) Major Medical Plan: • Prescription drug coverage using enhanced generic substitution plan (prescribed by a physician and approved by the carrier) unless otherwise prescribed by a physician an $11.00 cap on dispensing fees with a dispensing cap increase to $11.25 effective June 1, 2016 and $11.50 effective June 1, 2017. • Drug Card • Semi-private hospital coverage • “Deluxe” out of province coverage • Smoking cessation products: $1,000 lifetime maximum • Orthotics: $450 yearly maximum • Ambulance service • Global medical assistance • Private duty nurse: 100% of charge; $10,000 yearly maximum
b) Vision Care: • Vision care for prescription glasses or contact lenses: maximum of $400.00 every 24 months in Year 1 and Year 2 and to $425.00 in Year 3 and Year 4. • This amount can be used towards laser eye surgery • $100.00 for eye exam bi-annually • Contact lenses for special conditions: $975 lifetime maximum
c) Dental Care: equivalent to Blue Cross Dental Plan #7, Riders 1, 2, 3 (orthodontic – 50% covered $2,250 lifetime max) and 4 (Crowns and Caps 50% covered; $2,000 max/year) with a yearly update of the ODA schedule. Present maximums apply.
d) Physiotherapy fees not covered by Ontario Health Plan, to a maximum of $2,000 per year
e) Chiropractor, Massage, Acupuncture, Naturopath, Osteopath, Podiatrist - $1,100 combined per annum
f) Group life insurance which provides a basic term benefit of 150% of annual wages with optional insurance available at the employee’s expense
g) Hearing aid plan maximum $500 per individual every two years
h) Long Term Disability Plan based on 75% of earnings with a monthly maximum of $4,300/month effective June 1, 2009. An employee with sick leave credits in excess of the elimination period of 180 calendar days required by the LTD plan, may at his option, continue to draw from his sick leave bank beyond the elimination period
27.02 Both parties agree that the employee’s share of any rebate received by the Corporation from a premium reduction under the Employment Insurance Act will be deemed to have been applied against other benefits.
27.03 Coverage shall be extended to the legal spouse and dependent children of deceased regular employees at the same level of benefit coverage as retirees. Employees hired after the signing of this ...
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.
2. The University's maximum monthly rates of contribution for bargaining unit employees who are eligible for and elect to enroll in a health plan shall be the same as the contribution rates for such plans for other staff employees.
3. Costs that exceed current University contributions, and employee costs for Health & Welfare plans to which the University does not contribute, are to be paid by bargaining unit members, normally through payroll deduction
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. 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 (10) representatives. The Committee shall have access to all actuarial reports and other information as determined by The Pension Benefits Act concerning the benefits plans (LTD and Pension).
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.
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. 45.01 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 (10) representatives. The Committee shall have access to all actuarial reports and other information as determined by The Pension Benefits Act concerning the benefits plans (LTD and Pension).
45.02 The Unions' representatives shall be named by the Unions.
45.03 The Employers' representatives shall be named by XXXX.
45.04 The Committee shall be chaired by a representative named by the SAHO Board.
45.05 Expenses for the Employee Benefit Plan Committee meetings shall be the responsibility of the Plans.