Medical and Extended Health Insurance. 8.6.1 The parties recognize that the method of funding MSP has been changed from an individually paid premium system to a system funded by an employer paid payroll tax. If the government, at any time in the future, reverts to an individually paid premium system for basic medical insurance, the parties agree that the employer will pay 100% of the premium for employees on the same basis as exists in the 2014-2019 collective agreement. 8.6.1.1 Faculty employed on temporary contracts who are employed at less than one-half time and who wish to participate must purchase the Extended Health Benefit plan at their own expense. In such cases, premiums shall be collected by payroll deduction. Such faculty shall be offered one opportunity to purchase the Extended Health Benefit plan. Faculty opting to purchase the plan may not subsequently opt out during the course of active employment. 8.6.1.2 All faculty members who are participating in the Extended Health Benefit plan, upon completion of a period of active employment, may elect to continue coverage at their own expense (by post-dated cheques) for a period not to exceed seven (7) months, provided the College has given them a reasonable expectation of a subsequent contract. 8.6.1.3 Health and welfare benefits coverage will cease on the day that a faculty member’s employment terminates
Appears in 3 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Medical and Extended Health Insurance. 8.6.1 The parties recognize that the method of funding MSP has been changed from an individually paid premium system to a system funded by an employer paid payroll tax. If the government, at any time in the future, reverts to an individually paid premium system for basic medical insurance, the parties agree that the employer will pay 100% of the premium for employees on the same basis as exists in the 2014-2019 collective agreement.
8.6.1.1 Faculty employed on temporary contracts who are employed at less than one-half time and who wish to participate must purchase the Extended Health Benefit plan at their own expense. In such cases, premiums shall be collected by payroll deduction. Such faculty shall be offered one opportunity to purchase the Extended Health Benefit plan. Faculty opting to purchase the plan may not subsequently opt out during the course of active employment.
8.6.1.2 All faculty members who are participating in the Extended Health Benefit plan, upon completion of a period of active employment, may elect to continue coverage at their own expense (by post-dated cheques) for a period not to exceed seven (7) months, provided the College has given them a reasonable expectation of a subsequent contract.
8.6.1.3 Health and welfare benefits coverage will cease on the day that a faculty member’s employment terminates.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement