Insurance - Group Life. 11.7.1 Participation is a condition of employment for all employees. 11.7.2 The College shall pay 100% of the premium for the first $25,000 of coverage, the Employee shall pay 100% of the premium for the balance of the insurance. 11.7.3 The schedule of insurance for an employee who is eligible to participate shall be two and one-half (2 1/2) times regular annual salary rounded out to the next highest $1,000.00 to a maximum coverage of $300,000.00
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
