Member Benefit Information for Contract Administration and Collective Bargaining. Before July 1 each year, the Employer will provide the following to the Association on a timely basis: (a) a current copy of the group insurance contract(s) as it pertains to Members, including updated amendments; (b) a copy of the underwriting and/or service agreement with all insurers or suppliers of group benefits as it pertains to Members; (c) a copy of the complete group insurance renewal as it pertains to Members from all suppliers. If this is not available, the Association will be provided with the following: i) paid premiums for Members for the last year by type of benefit; ii) premium rates for Members for the last year by type of benefit; iii) paid claims for Members for the last year by type of benefit; iv) breakdown of all reserves and expenses (including commissions or fees) for the last year as they pertain to Members; and v) listing for all individual claims (no Member names required) for long- term disability for the last year; monthly gross and net amounts for all claimants for the last year; disabled life reserves for all claimants for the last year; current status (active, suspended, terminated, etc.); and intervention (independent medical evaluation [IME], rehabilitation, partial disability, litigation, etc.). (d) for the University’s defined contribution pension plan, the amount of Members’ salary contributed by the Employer; the amount of Members’ salary contributed by Members; and the audited certified financial statement; (e) approved minutes of the Pension and Benefits Committee; (f) the total salary of Members (January – December); and (g) before July 1 each year, or within (30) days of any rate adjustment, the Employer will provide the Association with information on premiums paid per month, based on the Benefit Premium Rate Chart (by type of benefit) as completed by Human Resources.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Member Benefit Information for Contract Administration and Collective Bargaining. Before July 1 each year, the Employer will provide the following to the Association on a timely basisfollowing:
(a) a current copy of the group insurance contract(s) as it pertains to Members, including updated amendments;
(b) a copy of the underwriting and/or service agreement with all insurers or suppliers of group benefits as it pertains to Members;
(c) a copy of the complete group insurance renewal as it pertains to Members from all suppliers. If this is not available, the Association will be provided with the following:
(i) paid premiums for Members for the last year by type of benefit;
(ii) premium rates for Members for the last year by type of benefit;
(iii) paid claims for Members for the last year by type of benefit;
(iv) breakdown of all reserves and expenses (including commissions or fees) for the last year as they pertain to Members; and
(v) listing for all individual claims (no Member names required) for long- term disability for the last year; monthly gross and net amounts for all claimants for the last year; disabled life reserves for all claimants for the last year; current status (active, suspended, terminated, etc.); and intervention (independent medical evaluation [IME], rehabilitation, partial disability, litigation, etc.).
(d) for the University’s defined contribution pension plan, the amount of Members’ salary contributed by the Employer; the amount of Members’ salary contributed by Members; and the audited certified financial statement;
(e) approved minutes of the Pension and Benefits Committee;
(f) the total salary of Members (January – December); and
(g) before July 1 each year, or within (30) days of any rate adjustment, the Employer will provide the Association with information on premiums paid per month, based on the Benefit Premium Rate Chart (by type of benefit) as completed by Human Resources.
Appears in 1 contract
Samples: Collective Agreement