Life Insurance and Accidental Death and Dismemberment Insurance equivalent to twice (2X) an employee's annual salary rounded to the next highest thousand dollars;
Life Insurance and Accidental Death. Dismemberment - specifically the ASEBP Life Insurance and AD&D, Plan 2 - the employer shall pay one hundred percent (100%) of the respective premiums for the covered employees.
Life Insurance and Accidental Death and Dismemberment benefits will follow the schedule below regarding active Employees over age Sixty-Four (64): Age 65 through 69 - Benefit reduced to 65% of coverage. Age 70 through 74 - Benefit reduced to 45% of coverage. Age 75 through 79 - Benefit reduced to 35% of coverage. Age 80 through 84 - Benefit reduced to 30% of coverage. Age 85 and Over - Benefit reduced to 25% of coverage.
Life Insurance and Accidental Death. Dismemberment (AD&D) The Employer shall provide Life Insurance and AD&D under the same terms as hourly non-union employees of Allegion Canada, Inc.
Life Insurance and Accidental Death and Dismemberment (AD&D) (On a reduced basis based on your hours worked and upon the attainment of age 65)
Life Insurance and Accidental Death. Dismemberment 2 x the Executive’s annual base salary to a maximum benefit level of $300,000 Dependent Life • Spouse — $10,000 • Child — $5,000 Extended Medical • 80% Pay Direct Drug card on prescription drugs with no deductible • 100% of all other eligible expenses as listed below. • Semi-private hospital room • Auxiliary Hospital • Home Care Nursing – maximum of $10,000/year • Ambulance services • Paramedical Services — $500/ registered/licensed practitioner annual maximum • Psychologist, chiropractor, speech language pathologist, massage therapist, chiropodist/podiatrist, osteopath, naturopath, Physiotherapy — $40 per visit to annual maximum of $600 • Acupuncture — $40 per visit to annual maximum of $500 • Hearing aids, $500 every 5 years • Medical aids • Vision care: Eyeglass lenses & frames, contact lenses, prescription industrial safety glasses, laser eye surgery. $250 maximum every 2 years – adults and children over 18; $250 maximum every 1 year – children under age 19. • $50 eye exams (age 19-65 where not covered by the provincial medical plan) • Emergency Out of Province/Canada • Travel Assistance • Survivor benefit for up to 12 months. BENEFIT DESCRIPTION Dental • 80% Basic Services, 50% Major Services, 50% Orthodontics • No annual deductible • $2,000 annual maximum per person for Basic and Major Restorative combined. • $2,500 lifetime maximum per child (under age 19) for Orthodontics • Current Dental Fee guide for Generalist Practitioners • Basic Services: • Cleanings, exams, extractions, fillings, endodontics, periodontics, oral surgery, x-rays, scaling, relining, repairing & rebasing of dentures • Major Services: • Caps, crowns, bridges, complete dentures and onlays • Ortho Services: • Orthodontic appliances and services
Life Insurance and Accidental Death and Dismemberment coverage is effective upon the date of full-time employment.
Life Insurance and Accidental Death and Dismemberment Plans [Category 1, 2, 3] The District will provide District employees with group term life insurance coverage of one and one-half (1½) times their annual salary with a minimum benefit of fifty thousand dollars ($50,000) to a maximum benefit of three-hundred fifty thousand dollars ($350,000). Once an employee reaches the age of 65, the benefit is reduced to 65% of one and one half (1 ½) times salary or $50,000 whichever is greater. The benefit percentage continues to be reduced on a set scale until the employee reaches the age of 70. At age 70, the maximum benefit is reached at 50% of one and one half (1 ½) times salary or $50,000 whichever is greater. The District pays the full cost of the life insurance and AD&D insurance premiums for employees, spouses/domestic partners and eligible dependents. At the time of retirement or termination, employees will be offered the option to convert the group term life insurance policy to an individual term life insurance policy. The employee has thirty (30) days from their retirement or termination date to elect the conversion policy and pay premiums at their own expense. Employees covered by nondiscriminatory employer-provided group life plans are taxed on the face amounts exceeding fifty thousand dollars ($50,000) as imputed income. The taxable amount is calculated using five-year age bracketed rates stipulated in regulations and referred to as Table l Rates.
Life Insurance and Accidental Death. Life insurance in the amount of $500,000 and a $500,000 Accidental Death and Dismemberment policy from a carrier of the City's choice. These policies are in effect whether the City Attorney is performing his job duties or not. Premiums are fully paid by the City.
Life Insurance and Accidental Death and Dismemberment (AD & D) shall be mandatory as a condition of employment, for all full time Employees, but participation in all other benefit plans will not be mandatory. An Employee will be eligible to participate in the Medical, Dental, AD&D and Life Insurance Benefit plans upon their initial hiring. An Employee not enrolled in a benefit plan will be eligible to sign up for participation in a benefit plan only during the months of January and/or July for each year. An Employee who is enrolled in a benefit plan who no longer wishes to participate in a benefit plan will only be allowed to withdraw their enrolment in a benefit plan, twice per year, during the months of January and/or July.
