Common use of Indemnity Plan Clause in Contracts

Indemnity Plan. The Committee shall cease to offer an Indemnity Plan to any new hires or former hires not currently enrolled in said plan upon ratification of this Agreement. All bargaining unit members currently enrolled in an Indemnity Plan shall contribute as follows: Bargaining unit members hired after 7/1/98 shall pay one-hundred percent (100%) of the additional cost of the Indemnity Plan. Bargaining unit members hired before 7/1/98 shall pay twenty percent (20%) of the additional cost of the Indemnity plan.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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