Common use of INSURED EMPLOYEE BENEFITS Clause in Contracts

INSURED EMPLOYEE BENEFITS. 47.1 Effective date of ratification, the Board agrees to contribute to the plan for benefits as provided by the carrier as set out below including the execution of appropriate payroll deductions for the employee’s share in premiums for those coverage’s identified in Article 47. (a) The following benefits shall be made available to each Member of the Bargaining Unit: (i) Semi-Private Hospital Care Plan (ii) Including Vision Care - $250 in any twenty-four (24) month period (effective September 1, 2007 includes laser eye surgery and eye examination, maximum is $300 in a 24 month period); Hearing Aids - up to $500 every five (5) years (effective September 1, 2007 $600 every 5 years); Smoking Cessation products - $200 lifetime maximum; Dispensing Fee capped at$7.00 per prescription (effective September 1, 2007 capped at $7.50 per prescription); Orthotics and Orthopedics shoes will be limited to a maximum amount of $700 per person every two benefit years as prescribed by a medical practitioner. (iii) Effective September 1, 2007 basic dental current ODA (iv) Basic Group Life Insurance - $50,000. (b) The Board’s contribution for the benefit plans listed in Article 47.2 (a) for a full-time Member shall be 100% of the premium cost. The Board's contribution for the benefit plans listed in Article 47.2 (a) for a part-time Member shall be pro rated in the same proportion that the part-time assignment bears to a full-time assignment. (a) The Board may at any time substitute another carrier provided that the benefits conferred thereby are at least equivalent and provided the Union is given 30 Calendar days notice. (b) A Member who is off the active payroll for more than six (6) months for reasons other than leave of absence for pregnancy/parental leave shall be responsible for paying in advance the full cost of any employee benefit premiums under Article 47.2. 47.4 (a) Basic Group Life Insurance The Basic Group Life Insurance Plan will provide life insurance in the amount of three (3) times annual salary up to $50,000. A new Member must, as a condition of employment, become and remain a member of the Basic Group Life Insurance Plan. Amended Provisions of Group Life Policy - Total Disability Benefit If a Member covered by the Basic Group Life Insurance Plan becomes totally and permanently disabled before reaching the age of 65 years, the Member must select one of the following options at time of disability: Option 1 The Member may elect to receive the Member's life insurance in effect at the date of disability subject to a maximum of $40,000. Such amount would be paid in a series of sixty (60) equal monthly instalments while the disability continues but in no event beyond the Member's sixty-fifth (65th) birthday. Any insurance in excess of $40,000 will be continued in force without payment of premiums as long as the Member remains totally and permanently disabled (subject to any reductions or termination due to age as provided under the Plan). If a Member covered by the Plan who is in receipt of monthly instalments dies before the full number of monthly instalments has been paid, the commuted value of the remaining unpaid instalments will be paid to the Member's beneficiary of record. OR Option 2 The Member may elect the waiver of premium benefit whereby the total amount of life insurance in effect at time of disability will be continued in force without payment of premiums as long as the Member remains totally disabled but in no event beyond the Member's sixty-fifth (65th) birthday. Once a Member selects either Option 1 or Option 2, there will be no further opportunity to change the option chosen.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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INSURED EMPLOYEE BENEFITS. 47.1 L47.1 Effective date of ratification, the Board agrees to contribute to the plan for benefits as provided by the carrier as set out below including the execution of appropriate payroll deductions for the employee’s share in premiums for those coverage’s identified in Article 47L47.0. (a) The following benefits shall be made available to each Member of the Bargaining Unit: (i) Semi-Private Hospital Care Plan (ii) Including Vision Care - $250 in any twenty-four (24) month period (effective September 1, 2007 includes laser eye surgery and eye examination, maximum is $300 in a 24 month period); Hearing Aids - up to $500 every five (5) years (effective September 1, 2007 $600 every 5 years); Smoking Cessation products - $200 lifetime maximum; Dispensing Fee capped at$7.00 per prescription (effective September 1, 2007 capped at $7.50 per prescription); Orthotics and Orthopedics shoes will be limited to a maximum amount of $700 per person every two benefit years as prescribed by a medical practitioner. (iii) Effective September 1, 2007 basic dental current ODA (iv) Basic Group Life Insurance - $50,000. (b) The Board’s contribution for the benefit plans listed in Article 47.2 L47.2 (a) for a full-full- time Member shall be 100% of the premium cost. The Board's contribution for the benefit plans listed in Article 47.2 L47.2 (a) for a part-time Member shall be pro rated in the same proportion that the part-time assignment bears to a full-time assignment. (a) The Board may at any time substitute another carrier provided that the benefits conferred thereby are at least equivalent and provided the Union is given 30 Calendar days notice. (b) A Member who is off the active payroll for more than six (6) months for reasons other than leave of absence for pregnancy/parental leave shall be responsible for paying in advance the full cost of any employee benefit premiums under Article 47.2L47.2. 47.4 (a) Basic Group Life Insurance The Basic Group Life Insurance Plan will provide life insurance in the amount of three (3) times annual salary up to $50,000. A new Member must, as a condition of employment, become and remain a member of the Basic Group Life Insurance Plan. Amended Provisions of Group Life Policy - Total Disability Benefit If a Member covered by the Basic Group Life Insurance Plan becomes totally and permanently disabled before reaching the age of 65 years, the Member must select one of the following options at time of disability: Option 1 The Member may elect to receive the Member's life insurance in effect at the date of disability subject to a maximum of $40,000. Such amount would be paid in a series of sixty (60) equal monthly instalments while the disability continues but in no event beyond the Member's sixty-fifth (65th) birthday. Any insurance in excess of $40,000 will be continued in force without payment of premiums as long as the Member remains totally and permanently disabled (subject to any reductions or termination due to age as provided under the Plan). If a Member covered by the Plan who is in receipt of monthly instalments dies before the full number of monthly instalments has been paid, the commuted value of the remaining unpaid instalments will be paid to the Member's beneficiary of record. OR Option 2 The Member may elect the waiver of premium benefit whereby the total amount of life insurance in effect at time of disability will be continued in force without payment of premiums as long as the Member remains totally disabled but in no event beyond the Member's sixty-fifth (65th) birthday. Once a Member selects either Option 1 or Option 2, there will be no further opportunity to change the option chosen.

Appears in 1 contract

Samples: Collective Agreement

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