INSURANCE, RETIREMENT, AND BENEFITS Sample Clauses

INSURANCE, RETIREMENT, AND BENEFITS. A. Life Insurance
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INSURANCE, RETIREMENT, AND BENEFITS. A. Medical and Dental Insurance The Company will maintain a medical and dental insurance program for Flight Attendants. Subject to eligibility requirements discussed in Section 14, Leaves of Absence, Flight Attendants shall be entitled to coverage under such programs on the same basis and at the same premium contribution level as other Company employees.
INSURANCE, RETIREMENT, AND BENEFITS. Existing University benefits will remain in effect during the period of this Agreement, unless changes are made by SURS, CMS, state or federal law.
INSURANCE, RETIREMENT, AND BENEFITS. A. Short-Term Disability and Long-Term Disability Insurance An employee’s sick leave and vacation time can be used in conjunction with the income protection insurance to ensure continued compensation or the employee must otherwise cover their other benefit expenses when out on disability. For short-term disability, the City’s Income Protection Vendor covers 66.7% of the weekly gross salary. The other 33.3% is reimbursed by the employee’s accrued sick time first and then accrued vacation time if the employee chooses to make their check whole for each bi- weekly paycheck. For long-term disability, the City’s Income Protection Vendor covers 60% of the weekly gross salary. The other 40% is reimbursed by the employee’s accrued sick time first and then accrued vacation time if the employee chooses to make their check whole for each bi-weekly paycheck. Except for unforeseen circumstances, such as an emergency, prior to going out on any disability, employees will meet with Human Resources to understand their benefit deductions and payment plan. Employees can opt for a “buy up” for up to sixty percent (60%) of their annual salary for LTD coverage on a voluntary basis to be administered by a payroll deduction on the employees’ behalf.

Related to INSURANCE, RETIREMENT, AND BENEFITS

  • Insurance and Benefits Company shall allow Executive to participate in each employee benefit plan and to receive each executive benefit that Company provides for senior executives at the level of Executive's position.

  • Life Insurance Benefits A. During the life of this Agreement, the basic life insurance benefit made available to Faculty members shall be calculated as 3 times base annual earnings, rounded to the next highest $1,000, but not more than $225,000. A separate additional benefit up to the amount of the life insurance will be paid for accidental death and dismemberment, or loss of sight. The amount of Life and Accidental Death and Dismemberment/Loss of Sight benefits will be reduced to 65% at age 65, and further reduced (from the original insurance amount) as follows: to 50% at age 70, and 35% at age 75. Basic life insurance and AD&D benefits will be provided with no employee contributions.

  • Supplementary Employment Insurance Benefits (1) Birth mothers who are entitled to maternity leave and who have applied for and are in receipt of Employment Insurance benefits are eligible to receive XXXX Plan payments.

  • Insurance Benefits Borrower shall cooperate with Lender in obtaining for Lender the benefits of any Insurance Proceeds lawfully or equitably payable in connection with the Property, and Lender shall be reimbursed for any expenses incurred in connection therewith (including reasonable attorneys' fees and disbursements, and the payment by Borrower of the expense of an appraisal on behalf of Lender in case of a fire or other casualty affecting the Property or any part thereof) out of such Insurance Proceeds.

  • RETIREMENT SEVERANCE PAY Any employee who works regularly each week on a permanent part-time basis or on a full-time basis and who has ten or more years of service with the Shaker Heights Board of Education, may elect at the time of his/her retirement from active service (retirement from active service shall mean actual retirement under one of Ohio’s public employee retirement systems or eligibility for retirement under such retirement systems with retirement from the Shaker schools and election to withdraw retirement funds in a lump sum payment) to receive severance pay in an amount equal to: One-fourth (1/4) of his/her unused accumulation at the per diem rate of said employee’s basic contract salary in effect at the time of the last day of employment in Shaker Heights. Supplemental contracts, extended service, overtime or any other compensation will not be included in the calculation.

  • Life Insurance Upon Retirement 34.1 An employee who retires from the service of the Corporation subsequent to August 1, 2001, will, provided he is 55 years of age or over and has not less than 10 years' cumulative compensated service, be entitled to the sum of $8,000.00, payable to his estate upon his death.

  • Death Benefits Upon the Executive's death during the Contract Period, his estate shall not be entitled to any further benefits under this Agreement.

  • STATE DISABILITY INSURANCE (SDI) A. All employees covered by this Contract will be covered under the State Disability Insurance (SDI) benefit in lieu of a Non-Industrial Disability Insurance (NDI) and Enhanced Non-Industrial Disability Insurance (ENDI) benefit as follows:

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