Insurance Rebate. The short-term sick leave plan shall be registered with the Unemployment Insurance Commission The employee’s share of the Employer’s unemployment insurance premium reduction will be retained by the Hospital towards offsetting the cost of the benefit improvements contained in this Agreement. Any dispute which may arise concerning an employee’s entitlement to long-term disability benefits, and which is not covered by the appeal mechanism provided for under the policy of insurance, may be the subject of grievance and arbitration under the provisions of this agreement.
Insurance Rebate. 12.8.1 Eligible teachers who choose to forego their right to coverage shall receive an "opt out” benefit in the amount of twelve (12%) percent of the annual premium cost for the most expensive Consortium PPO alternative for which the eligible teacher was eligible to be paid during the month of September if the coverage is not used during the entire preceding year. Eligible teachers who forego their right to coverage but are receiving health insurance coverage from the Consortium as part of family coverage are not eligible for any "opt out" benefit.
12.8.2 Eligible teachers who choose to forego dental or vision coverage for a full year of a contract year shall receive a rebate for the benefit in the amount of twelve (12%) percent of the Board's annual premium cost of that insurance benefit waived.
12.8.3 Eligible teachers must inform the Board Treasurer by August 10th of each contract year as to the insurance option they are selecting for rebate, if any.
12.8.4 If an eligible teacher is hired at any time after August 10th, the eligible teacher shall be afforded insurance rebates on a pro-rated basis.
12.8.5 Eligible teachers shall have the right to enter any insurance options for which they are eligible during the year, but shall forfeit the right to rebate payment for that year.
Insurance Rebate. If any insurance premium costs decrease, or if any premium costs remain static and the district receives a distribution resulting from a credit, dividend, refund, or similar mechanism for the period beginning October 1, 1997, through September 30, 2011, the amount of the distribution which is the classified bargaining unit’s share at the time of the cost decreases or distribution shall be placed in an account to be used solely for the purpose of offsetting future premium increases until the account is exhausted.
11.4.1 The amount of the distribution as defined above, shall be used to offset increases for health/medical insurance, dental insurance, life insurance, and income protection insurance through September 30, 2012, unless the account is exhausted an earlier date.
11.4.2 Insurance premiums in effect on October 1, 2012, will be used as the base from which to determine increases in premium cost from which to draw against the account.
Insurance Rebate. The term sick leave plan shall be registered with the Unemployment Insurance Commission The employee's share of the Em- ployer's unemployment insurance premium reduction will be retained by the Hospital towards offsetting the cost of the benefit improvementscontained in this Agreement.
Insurance Rebate. The employee's share of the Employment Insurance Rebate shall be paid to the Employer to partially offset the cost of the gratuity plan.
Insurance Rebate. The short-term sick leave plan shall be registered with the Unemployment Insurance Commission The employees' share of the Employer's Unemployment Insurance premium reduction will be retained by the Hospital towards offsetting the cost of the benefit improvements contained in this Agreement. Any dispute which may arise concerning an employee's entitlement to long-term disability benefits, and which is not covered by the appeal mechanism provided for under the policy of insurance, may be the subject of grievance and arbitration under the provisions of this agreement. The Hospital shall pay the full cost of any medical certificates required of an employee. Pay for sick leave is for the sole and only purpose of protecting the employee against loss of income when he is legit- imately ill.
Insurance Rebate. The Union agrees that the employees' share the Employment Insurance Rebate shall be retained by the Employer to partially offset the cost of benefits.
Insurance Rebate. The Board shall refund annually, by cheque, the appropriate share of the Employment Insurance Commission rebate to each teacher In its employ. Once the amount of the rebate has been determined, that amount will be rebated with the teacher's next salary payment.
Insurance Rebate. The short-term leave plan shall be registered the Employment Insurance (El). The employee's share of the employer's unemployment Insurance reduction be by the Health Centre towards offsetting the cost of the benefit improvements contained this Agreement. Each employee shall be solely responsible to keep the Health Centre Informed in writing of any change to personal status, dependent status, name, address and telephone number.
Insurance Rebate. Any Workxxx'x Xxxpensation premium rebate accrued for the year ended December 31, 1997, and any such rebate accrued for the period from January 1, 1998, through the Effective Time will remain an asset of Robexxxxx.
