Insured Benefit Plans Sample Clauses

Insured Benefit Plans. 1. The Union and eligible employees shall be provided with the most recent copy of the Bank’s benefits program booklet. Eligible employees will be entitled to participate in the benefits program under the terms contained in that document.
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Insured Benefit Plans. ‌ As per Section 7 of Part A of this Collective Agreement Article 15 - Seniority‌
Insured Benefit Plans. 1. The Bank agrees, to provide the Scotiabank Flexible Benefits program to allow employees to choose in accordance with the plan from amongst the following, subject to continuing Bank and insurers’ eligibility requirements including, but not limited to, employment status, flex credits and the number of hours worked per week and to the payment of the employee’s contribution through payroll deduction where applicable:
Insured Benefit Plans. Regular employees of the Company will become eligible for the benefits as provided by the Benefit Plan arranged by the Company and listed below.
Insured Benefit Plans. 29.01 a) The benefit plans listed below are available only to full-time employees and will be effective on the first of the month following the completion of six months of continuous employment as permanent full-time staff member. The Regional Corporation will pay the premium costs for the following insured benefit plans subject to express language to the contrary.
Insured Benefit Plans. The Union and eligible employees shall be provided with the most recent copy of the Bank’s benefits program booklet. Eligible employees will be entitled to participate in the benefits program under the terms contained in that document. The Bank and the Union agree that any revisions to, and/or deletions from, and/or additions to the benefit program made by the Bank during the term of this Agreement shall apply to eligible employees covered by this Agreement at the same time as other eligible employees of the Bank outside the bargaining unit. The parties agree that all matters regarding the provisions of the policies of insurance shall be determined solely by the insurers and such determination shall not be the subject of a grievance. At the request of either the Union or the Bank, and with the consent of the employee, the parties shall meet to discuss the insurance claim of the bargaining unit employee.
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Insured Benefit Plans. The Bank agrees, to provide the Flexible Benefits program to allow employees to choose in accordance with the plan amongst the following, subject to continuing Bank and insurers’ eligibility requirements including, but not limited to, employment status, flex credits and the number of hours worked per week and to the payment of the employee’s contribution through payroll deduction where applicable: Medical Plan Dental Plan Survivor Plan Hospital Cash and out of Country Emergency Medical Plan Long Term Income Protection Plan Employee Life Insurance Plan Spousal Life Insurance Plan Children’s Life Insurance Plan Accidental Death and Dismemberment Insurance Plan Elective Expense Account Group Taxable Cash Also, the Bank agrees, for the duration of the Collective Agreement, to provide the following additional benefit plans subject to continuing Bank and insurers’ eligibility requirements including, but not limited to, employment status and the number of hours worked per week and to the payment of the employee’s contribution through payroll deduction where applicable: Short Term Disability Pension Plan Canada Pension Plan Ontario health Insurance Plan Employee Share Ownership Plan

Related to Insured Benefit Plans

  • Sick Leave Benefit Plan The Sick Leave Benefit Plan will provide sick leave days and short term disability days for reasons of personal illness, personal injury, including personal medical appointments and personal dental appointments.

  • Benefit Plans The Executive shall be entitled to participate in any benefit plans relating to stock options, stock purchases, awards, pension, thrift, profit sharing, life insurance, medical coverage, education, or other retirement or employee benefits available to other senior executive employees of the Company, subject to any restrictions (including waiting periods) specified in such plans.

  • Benefit Plan If an employee maintains coverage for benefit plans while on maternity or parental leave, the Employer agrees to pay the Employer's share of these premiums.

  • Employee Benefit Plans Except as could not reasonably be expected to result, either individually or in the aggregate, in a Material Adverse Effect, (i) each Employee Benefit Plan and Foreign Pension Plan (and each related trust, insurance contract or fund) has been documented, funded and administered in compliance with all applicable Laws, including, without limitation, ERISA and the Code; (ii) the sponsor or adopting employer of each Employee Benefit Plan which is intended to qualify under Section 401(a) of the Code has received or timely applied for a favorable determination letter, or is entitled to rely on a favorable opinion letter, as applicable, from the IRS indicating that such Employee Benefit Plan is so qualified and nothing has occurred subsequent to the issuance of such determination letter or opinion letter which would cause such Employee Benefit Plan to lose its qualified status; (iii) no liability to the PBGC (other than required premium payments), the IRS, any Employee Benefit Plan or any Trust established under Title IV of ERISA has been or is expected to be incurred by any ERISA Party (other than contributions made to an Employee Benefit Plan or such Trust or expenses paid on their behalf, in each case in the ordinary course); (iv) no ERISA Event has occurred or is reasonably expected to occur; (v) the present value of the aggregate benefit liabilities under each Pension Plan (determined as of the end of the most recent plan year on the basis of the actuarial assumptions specified for funding purposes in the most recent actuarial valuation for such Pension Plan) did not exceed the aggregate current value of the assets of such Pension Plan; (vi) no ERISA Party is in “default” (as defined in Section 4219(c)(5) of ERISA) with respect to payments to a Multiemployer Plan; (vii) no ERISA Party has incurred any obligation in connection with the termination of, or withdrawal from, any Foreign Pension Plan; and (viii) the present value of the accrued benefit liabilities (whether or not vested) under each Foreign Pension Plan, determined as of the end of Holdings’ and the Borrowers’ most recently ended Fiscal Year for which audited financial statements are available on the basis of the actuarial assumptions described in Holdings’ audited financial statements for such Fiscal Year, did not exceed the aggregate of (A) the current value of the assets of such Foreign Pension Plan allocable to such benefit liabilities and (B) the amount then reserved on Holdings’ consolidated balance sheet in respect of such liabilities (and such amount reserved on Holdings’ consolidated balance sheet does not constitute a material liability to Holdings and its Restricted Subsidiaries taken as a whole).

  • Employee Plans Except as provided in Section 4.12, the Assuming Institution shall have no liabilities, obligations or responsibilities under the Failed Bank's health care, bonus, vacation, pension, profit sharing, deferred compensation, 401K or stock purchase plans or similar plans, if any, unless the Receiver and the Assuming Institution agree otherwise subsequent to the date of this Agreement.

  • Same Sex Benefit Coverage An employee who co-habits with a person of the same sex, and who promotes such person as a "spouse" (partner), and who has done so for a period of not less than twelve (12) months, will be eligible to have the person covered as a spouse for purposes of Medical, Extended Health, and Dental benefits.

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