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
Life Insurance Upon Retirement. An employee who retires from the service with a Company pension at or after age 65 will be provided a $7,000.00 death benefit. If retirement on pension is earlier than age 65 and an employee's term life insurance is extended to age 65, the death benefit will be provided at age 65.
Life Insurance Upon Retirement. 32.1 An employee who retires from the service of the Company subsequent to January 1, 2001, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 life insurance policy, fully paid up by the Company. Effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policy, fully paid up by the Company.
Life Insurance Upon Retirement. (a) An employee who retires from the service of the Company subsequent to April 1, 2001, will, provided he/she is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 death benefit, fully paid by the Company.
(b) An employee who retires from the service of the Company subsequent to January 1, 2003, will, provided he is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 death benefit fully paid by the Company.
Life Insurance Upon Retirement. 54.1 An employee who retires from the service with a Company pension at or after age 65 will be provided with $7,000.00 of life insurance coverage. If retirement or pension is earlier than age 65 and an employee's term life insurance is extended to age 64, the $7,000.00 of life insurance coverage will be provided at age 65.
55.1 The provisions of the Ontario Northland Railway Employee Benefit Plan - Supplemental Agreement will apply to employees covered by this Agreement as specified therein.
Life Insurance Upon Retirement. An employee who retires from theservice with a company pension will be entitled, upon retirement, to a life insurance policy, fully paid up by the company. If retirement on pension is earlier than age and an employee’s term life insurance is extended to age the paid up policy will be pro- vided at age
Life Insurance Upon Retirement. 47.1 Employees who retire from the service of the Company subsequent to January 1, 1991, will, provided they are fifty-five years of age or over and have not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $5,000.00 life insurance policy, fully paid up by the Company.
Life Insurance Upon Retirement. 31.1 Employees who retire from the service of the Company subsequent to January 1, 2001 will, provided they are fifty five years of age or over and have not less than ten years’ cumulative compensated service, be entitled, upon retirement, to a $6,000.00 life insurance policy, fully paid up by the Company.
31.2 Employees who retire from the service of the Company subsequent to January 1, 2003 will, provided they are fifty five years of age or over and have not less than ten years’ cumulative compensated service, be entitled, upon retirement, to a $7,000.00 life insurance policy, fully paid up by the Company.
Life Insurance Upon Retirement. An employee who retires from the service of the Company subsequent to April will, provided is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a death benefit, fully paid by the Company. An employee who retires from the service of the Company subsequent to January will, provided he fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a death benefit fully paid by the Company.
Life Insurance Upon Retirement. An employee who retires from the service with a company pension at or after age will be provided a death benefit. If retirement on pension is earlier than age and an employee's term life insurance is extended to age the paid death benefit will be provided at age
