Common use of Life Insurance for Retired Employees on Pension Clause in Contracts

Life Insurance for Retired Employees on Pension. A member who retires pursuant to Article 4 of the Pension Plan for employees in Local 2724 USW shall cease to be a member of this plan pursuant to Article 2.03(a) and the life of such former member shall be insured against death from any cause for $4,000 unless his life insurance is extended pursuant to Article 3.05(1).

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Life Insurance for Retired Employees on Pension. A member Members of the Defined Benefit Hourly Pension Plan who retires retire pursuant to Article 4 of the Pension Plan for employees in Local 2724 USW 3 shall cease to be a member of this plan pursuant to Article 2.03(a) and the life of such former member shall be insured against death from any cause for $4,000 unless his their life insurance is extended pursuant to Article 3.05(1).

Appears in 1 contract

Samples: Extended Health Benefit Agreement

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Life Insurance for Retired Employees on Pension. A member Members of the Defined Benefit Hourly Pension Plan who retires retire pursuant to Article 4 of the Pension Plan for employees in Local 2724 USW 3 shall cease to be a member of this plan pursuant to Article 2.03(a) and the life of such former member shall be insured against death from any cause for $4,000 unless his life insurance is extended pursuant to Article 3.05(1).

Appears in 1 contract

Samples: Extended Health Benefit Agreement

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