Common use of Pension and Group Benefit Plans Clause in Contracts

Pension and Group Benefit Plans. 49.01 The Northern Employee Benefits Services (NEBS) Pension Plan is a term and condition of employment for all eligible employees. 49.02 The Northern Employee Benefits Services (NEBS) Group Benefit Plan {i.e. Basic Group Life Insurance (3 x annual salary), Accidental Death, Disease & Dismemberment (3 x annual salary), Dependants Insurance, and Long Term Disability (60% non-taxable)} and Short Term Disability (Weekly Indemnity, 60% non-taxable) plan are terms and conditions of employment for all eligible employees. 49.03 The Northern Employee Benefits Services (NEBS) Extended Health Care and Dental Insurance plans are optional plans available to each individual eligible employee. 49.04 Upon the hiring of an indeterminate employee the Employer shall waive any qualifying periods for the plans under this Article where applicable. 49.05 The Employer shall advise the pension plan and insurance plans administrator of any adjustments to earnings subject to these plans, terminations of employees covered by these plans, new eligible employees under these plans, and other required data as determined by these plans without delay. 49.06 The Employer agrees to remit all required contributions and premiums for the plans under this Article within a reasonable period, and shall forward all claims under these plans in a timely manner. 49.07 The Employer shall distribute to all employees eligible for coverage under the plans in this Article all literature, statements and materials produced by NEBS and the insurers, which are intended for distribution to the employees. New eligible employees shall be provided with plan booklets upon hire and shall be enrolled in a timely manner. 49.08 All issues concerning the pension and insurance plans, including issues of contributions and premiums, and eligibility and entitlement to benefits shall be determined by the benefit plan providers.

Pension and Group Benefit Plans. 49.01 The Northern Employee Benefits Services (NEBS) Pension Plan is a term and condition of employment for all eligible employees. 49.02 . The Northern Employee Benefits Services (NEBS) Group Benefit Plan {i.e. Basic Group Life Insurance (3 x annual salary), Accidental Death, Disease & Dismemberment (3 x annual salary), Dependants Insurance, and Long Term Disability (60% non-taxable)} and Short Term Disability (Weekly Indemnity, 60% non-taxable) plan are terms and conditions of employment for all eligible employees. 49.03 . The Northern Employee Benefits Services (NEBS) Extended Health Care and Dental Insurance plans are optional plans available to each individual eligible employee. 49.04 . Upon the hiring of an indeterminate employee the Employer shall waive any qualifying periods for the plans under this Article where applicable. 49.05 . The Employer shall advise the pension plan and insurance plans administrator of any adjustments to earnings subject to these plans, terminations of employees covered by these plans, new eligible employees under these plans, and other required data as determined by these plans without delay. 49.06 . The Employer agrees to remit all required contributions and premiums for the plans under this Article within a reasonable period, and shall forward all claims under these plans in a timely manner. 49.07 . The Employer shall distribute to all employees eligible for coverage under the plans in this Article all literature, statements and materials produced by NEBS and the insurers, which are intended for distribution to the employees. New eligible employees shall be provided with plan booklets upon hire and shall be enrolled in a timely manner. 49.08 . All issues concerning the pension and insurance plans, including issues of contributions and premiums, and eligibility and entitlement to benefits shall be determined by the benefit plan providers. An Employee who is to be dismissed shall be provided with the option of early retirement if he would otherwise qualify.

Pension and Group Benefit Plans. 49.01 The Northern Employee Benefits Services (NEBS) Pension Plan is a term and condition of employment for all eligible employees. 49.02 . The Northern Employee Benefits Services (NEBS) Group Benefit Plan {i.e. Basic Group Life Insurance (3 x annual salary)Insurance, Accidental Death, Disease & Dismemberment (3 x annual salary)Dismemberment, Dependants Insurance, and Long Term Disability (60% non-taxable)} and Short Term Disability (Weekly Indemnity, 60% non-taxable) plan are terms and conditions of employment for all eligible employees. 49.03 . The Northern Employee Benefits Services (NEBS) Extended Health Care and Dental Insurance plans are optional plans available to each individual eligible employee. 49.04 . Upon the hiring of an indeterminate employee the Employer shall waive any qualifying periods for the plans under this Article where applicable. 49.05 . The Employer shall advise the pension plan and insurance plans administrator of any adjustments to earnings subject to these plans, terminations of employees covered by these plans, new eligible employees under these plans, and other required data as determined by these plans without delay. 49.06 . The Employer agrees to remit all required contributions and premiums for the plans under this Article within a reasonable period, and shall forward all claims under these plans in a timely manner. 49.07 . The Employer shall distribute to all employees eligible for coverage under the plans in this Article all literature, statements and materials produced by NEBS and the insurers, which are intended for distribution to the employees. New eligible employees shall be provided with plan booklets upon hire and shall be enrolled in a timely manner. 49.08 . All issues concerning the pension and insurance plans, including issues of contributions and premiums, and eligibility and entitlement to benefits shall be determined by the benefit plan providers. An Employee who is to be dismissed shall be provided with the option of taking early retirement if he would otherwise qualify. The Employer shall discuss a Planning program in consultation at the Committee. The Employer shall provide an Incentive Award and Retirement Award program, which shall be developed in consultation at the Committee.