INSURANCE AND PENSIONS. 19.01 The Company agrees to provide a retirement program as set forth in the Retirement Programs Booklet.
INSURANCE AND PENSIONS. 20.01 The Company agrees to provide a Retirement Program as set out in the Employee Retirement Program Booklet. Within three (3) months following ratification the Company will provide Employee Pension Booklet to All Employees.
INSURANCE AND PENSIONS. Section 1.
INSURANCE AND PENSIONS. 15.01 (a) The Employer agrees to pay the premiums of the health, travel and dental insurance plan that is presently in effect for Civil Service employees or such other plans that are currently implemented.
INSURANCE AND PENSIONS. A. During the term of this Agreement, the Town agrees to provide the following group hospitalization, surgical and medical benefits for employees and their eligible family members, under the following conditions:
INSURANCE AND PENSIONS. The employer provides the player with at least the insurance coverage for ice hockey accidents that corresponds in substance to the conditions agreed upon between the Association/Mestis and SJRY. In cases of injury covered by this insurance, where there is a deductible, the employer covers the deductible when it involves a practice event or other training directed or mandated by the employer, such as self-directed training periods or training during the summer break. If the player earns taxable income from sports during the playing season of at least € 13 180 (in 2024), as defined by law (the amount is adjusted annually with the wage coefficient specified in section 96 of the Employees' Pensions Act 395/2006), the employer takes out insurance for athlete accident and pension coverage under the Act on the Organization of Athlete Accident and Pension Coverage (276/2009) (referred to as athlete insurance). When assessing the obligation to insure, all salaries payable under agreements for the aforementioned period are taken into account. The employer must pay the employer's health insurance contributions. The percentages for health insurance contributions are determined annually in a government decree (Health Insurance Act Chapter 18 Sections 23–24). The player agrees that the employer provides all necessary information to the Association for the supervision of insurance coverage. The player's obligation is to provide the employer with a power of attorney for the insurance company to handle the player's insurance matters. The player agrees that a representative of the Finnish Ice Hockey Players' Association (e.g., the executive director or a person authorized by them) receives from the insurance company all information necessary to ensure compliance with the statutory requirements for managing accident and old-age pension insurance. At his own expense, the player may improve his insurance coverage. These insurances do not affect the employer's obligation to insure the player as stipulated in this section of the agreement.
INSURANCE AND PENSIONS. Section 1. (a) The insurance program generally offered to Home employees, including non-bargaining unit personnel, shall be the insurance program.
INSURANCE AND PENSIONS. Section 1. The Town participates in the Maine Municipal Employees Health Trust (MMEHT) Comprehensive Plan. Employees have the option of choosing the MMEHT Comprehensive Point of Service Plan (POS C), and effective January 1, 2016 may also choose from among the MMEHT PPO 500 plan and the MMEHT PPO 2500 plan. Single employees shall assume 10% of the cost of their health insurance premium. Employees who have coverage other than single coverage shall assume 20% of the total premium. Any employee who chooses the MMEHT PPO 500 plan or the MMEHT PPO 2500 plan will have established a Health Reimbursement Account into which the town shall provide reimbursement of deductibles and co-insurance for up to 70% of the applicable out of pocket maximum. The amount of the monthly premium paid by the employee shall not be included as part of the out of pocket expense. Coverage will begin on the first day of the next month after employment begins provided the MMEHT has approved all required forms. The Town of Cape Xxxxxxxxx reserves the right to participate in a different medical insurance plan, with comparable or better benefits, costs and claims service. The Town also reserves the right to change the health insurance plans if mandated to do so by the federal or state governments. Upon leaving Town employment, federal COBRA requirements permit employees to continue on the Town policy at employee expense. MMEHT will notify departing employees of their options. Any employee eligible for more than single coverage, but who opts for single coverage or no coverage, shall receive in lieu of coverage, $120.00 in each two week paycheck or if an employee elects for no coverage and is eligible for family coverage, then that employee shall receive $250.00 in each two week paycheck in lieu of coverage. If an employee elects for employee and children coverage and is eligible for full family coverage, then that employee shall receive $90.00 in each two week pay check in lieu of coverage. All payments shall be prorated for part time employees. Any employee who opts for no coverage must annually show that evidence of coverage elsewhere. The payment shall not be considered part of compensation for purposes of retirement, life insurance and computing hourly wages. The employee shall be responsible for any tax liability. Affected employees must elect their coverage level once a year during the enrollment period or upon hiring. Coverage must be elected before they become effective. The buyout am...
INSURANCE AND PENSIONS. The Company will provide for Weekly Indemnity payments, after 2 weeks of submitting a WSIB Claim, while the claim is being processed or appealed and also provide a waiver for reimbursement when WSIB claim is approved. Employees on layoff who are unable to return to work when recalled due to illness or injury (WSIB cases excluded) will be eligible to receive Weekly Indemnity provided they have not been laid off in excess of ninety (90) calendar days. If an employee is denied an Employment Insurance Maternity Benefit the Insurer will pay Weekly Indemnity Benefits during the period of normal pregnancy leave, as defined in the Ontario Employment Standards Act. The Company agrees to provide Books covering Benefits and Pensions to employees within six months of the signing of this Agreement. The Company agrees to continue to provide a copy of the benefits and pension information that the Company has historically provided. The Parties agree to abide by the settlement to File #1369-02-HS dated April 2nd, 2003. The Company agrees to top up to the STD rate for 17 weeks of Maternity Leave. All benefits except for those specifically mandated by law will cease when an employee reaches age 65 as of December 1st, 2006. The Company agrees to continue the present benefits with the following improvements. Pension Plan: The Company agrees to increase non-contributory pension plan basic benefit as follows:
INSURANCE AND PENSIONS. 15.1 The employees are eligible for coverage from the Operating Engineers Local No. 49 Health and Welfare Fund ("Health and Welfare Fund"). The terms of the Trust agreement establishing the Health and Welfare Fund is hereby incorporated as a part hereof. The employer agrees to make monthly contributions to the Health and Welfare Fund and will execute a separate participation agreement regarding those contributions.
