Insurance and Other Benefits. During the Employment Period, the Executive and the Executive’s dependents shall be entitled to participate in the Company’s insurance programs and any ERISA benefit plans, as the same may be adopted and/or amended from time to time (the “Benefits”). The Executive shall be entitled to paid personal days on a basis consistent with the Company’s other senior executives, as determined by the Board. The Executive shall be bound by all of the policies and procedures established by the Company from time to time. However, in case any of those policies conflict with the terms of this Agreement, the terms of this Agreement shall control.
Insurance and Other Benefits. During the Employment Period, the Executive and the Executive’s dependents shall be entitled to participate in any Company insurance programs and any applicable benefit plans, as the same may be adopted and/or amended from time to time (the “Benefits”). The Executive shall be bound by all of the policies and procedures relating to Benefits established by the Company from time to time.
Insurance and Other Benefits. As further consideration for the covenants contained herein, Employer will provide Employee with such insurance, welfare, sick leave and other benefits as may be established by Employer from time to time with respect to its employees in accordance with Employer's established procedures. Employee shall be entitled to Directors' and Officers' indemnification insurance coverage to the same extent as is provided to other persons employed as officers of Employer.
Insurance and Other Benefits. During the Term, Employee shall be eligible to participate in and, if eligible, to receive employee and dependent group medical, dental, disability, life insurance, 401(k) and such other benefits made available by the Company in accordance with the Company’s policies and procedures established from time to time, or, if there is no policy or procedure in place at any applicable time, then on the same basis as other senior management of the Company.
Insurance and Other Benefits. As further consideration for his covenants contained herein, Employer will add Employee, including Employee's family, with such health, dental and vision insurance as it offers other employees and other benefits, including a 401(k) plan, as may be established by Employer from time to time with respect to its employees in accordance with Employer's established procedures. Employee shall be entitled to Directors' and Officers' indemnification insurance coverage to the same extent as is provided to other persons employed as officers of Employer.
Insurance and Other Benefits. A. Health Insurance and Flexible Benefits Coverage
1. Health Insurance benefits will be provided to all eligible full-time employees. The School Board will negotiate annually with AFSCME to determine plan design and employer contribution levels.
2. Coverage for healthcare, life insurance, and short-term disability benefits for full-time employees begins the ninety-first day of employment. Employee-paid benefits begins the first of the month following the first payroll deduction. Coverage for all such employees and covered dependents will expire on the last day of the last month of employment. Ten month employees who terminate or retire on the last day of school in June (and their covered dependents) will be carried forward until August 31 of the same year. Coverage for dependents must be continued until the end of the calendar year, unless a family status change occurs, pursuant to Internal Revenue Service rules. The specific terms of the annual health insurance plan are outlined in the Memorandum of Understanding (MOU) executed by the parties and made a part of this collective bargaining agreement and is subject to the grievance/arbitration procedures as defined in Article VII of this collective bargaining agreement. The annual health insurance plan is subject to change in future calendar years, after the parties engage in negotiations pursuant to Chapter 447, Florida Statutes and Appendix II of this collective bargaining agreement. The School Board will make available on a voluntary basis a selection of flexible benefits for the applicable calendar year with the exception of the Personal Accident Insurance (Accidental Death and Dismemberment).
3. Eligible retirees may select any health plan offered to active full-time employees at rates no greater than those charged to active employees. Premiums for retirees and their dependents are paid by the retiree. Claims experience for retirees will be commingled with active employee and dependent claims for purposes of rate-setting.
B. Health Insurance for Part-Time Food Service Employees Effective January 1, 2003, part-time food service employees who have completed five or more years of M-DCPS service and are currently employed, and scheduled to work 15 or more hours per week, will become eligible for Board-paid health insurance (employee only) in the lowest cost plan offered or may decline (opt out) healthcare coverage and choose one of the Employer-Paid Flex Plan Options. In addition, these part time employees ...
Insurance and Other Benefits. During the Employment Period, Executive shall be entitled to participate in, and shall receive the maximum benefits available under, the Company’s insurance programs (including health, supplemental health and life insurance) and any ERISA benefit plans, as the same may be adopted and/or amended from time to time, and shall receive all other benefits that are provided by the Company to other senior executives.
Insurance and Other Benefits. The Employee shall be entitled to participate in any life, medical, dental and/or disability insurance plans, together with nay supplemental insurance plans, as my be offered by the Company to its executive employees from time to time during the Employment. The Employee shall be eligible to participate in any other fringe benefits as may be provided by the Company to its executives, generally, during the Employment.
Insurance and Other Benefits. The Executive shall be entitled to participate in, and shall receive the maximum benefits available under, the Company's insurance programs (including health, disability and life insurance) and any ERISA benefit plans, as the same may be adopted and/or amended from time to time, and shall receive other fringe benefits that may be provided by the Company to other senior executives. The Company shall contribute the maximum amount permitted under current law to the Executive's 401(k) Plan, and any other Company pension or retirement plan during the Employment Period.
Insurance and Other Benefits. A. Life Insurance
1. Basic Life Insurance The Company shall provide each Flight Attendant with term life insurance, effective on the first of the month following ninety (90) days from the Flight Attendants Date of Hire. The Company shall pay one hundred percent (100%) of the premium for this coverage. Coverage shall be in the amount of Fifty Thousand Dollars ($50,000).
