Pension and Health Insurance Sample Clauses

Pension and Health Insurance. A. Pension 1. Eligible employees shall be enrolled in the New York State Employees’ Retirement System, in the plan in effect on their date of hire. 2. Enrollment is mandatory for twelve month employees and shall be optional for employees working fewer than twelve (12) months per year or less than six (6) hours per day. 3. An employee enrolled in the New York State Employees' Retirement System may convert sick leave credits for additional retirement credit up to one hundred sixty-five (165) days. Upon retirement, employees shall be paid for the total number of sick days beyond one hundred sixty-five (165) days. B. Health Insurance
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Pension and Health Insurance. Unless the Seller Representative should advise the Buyer at any time during the three year period following the Closing that the 401(k) Plan must be replaced with the Buyer's plan, Buyer agrees that the Company will continue, for a period of not less than three years following the Closing Date, the Company's existing employee benefit plans, including the Company's Employees' 401(k) and Profit Sharing Plan (the "401(k) Plan") and life insurance, long term and short term disability insurance and health insurance (collectively, the "Insurance Plans"); provided, however, that (i) the Buyer may replace the 401(k) Plan and the Insurance Plans with another plan or plans providing, in the aggregate, for a substantially equivalent or greater level of compensation, funding and benefits and (ii) the expiration of such three year period will not affect any rights under any such plan, which thereafter will be governed solely by the terms thereof. Buyer agrees from and after the date hereof it will take no action inconsistent with the provisions of this Section 7.3.
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Pension and Health Insurance. The employer will make pension contributions on your behalf to the Group Personal Pension Plan. The employer will make 1.5 times the percentage contribution made by you, to a maximum employer contribution of 15%. For example, if you contribute 6%, the employer will contribute 9%. The employer will pay for you, your partner, and dependent children, to be enrolled in the company private healthcare insurance plan.
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Pension and Health Insurance. The Town agrees to participate in the New York State Retirement Plan 75-i for Tier I and II employees, and in Articles 14 and 15 for Tier III and IV employees, respectively.
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Pension and Health Insurance. 4.1 The Company confirms that all acquired rights under the pension plan(s) to which Xx Xxxxxxx is affiliated are fully funded and definitively acquired. 4.2 Moreover the Company commits to pay the current pension and medical entitlements into the applicable pension scheme(s) covering the period between July 1, 2011 and October 31, 2011.
Sample 1
Pension and Health Insurance. A. Pension 1. Eligible employees shall be enrolled in the New York State Employees' Retirement System, in the plan in effect on their date of hire. 2. Enrollment is mandatory for twelve month employees and shall be optional for employees working fewer than twelve (12) months per year or less than six (6) hours per day. 3. An employee enrolled in the New York State Employees' Retirement System may convert sick leave credits for additional retirement credit up to one hundred sixty-five (165) days. Upon retirement, employees shall be paid for the total number of sick days beyond one hundred sixty-five (165) days. B. Health Insurance 1. Effective July 1, 2010 Individual Individual and Dependent $26.50 per month $64.00 per month 2. If an employee elects not to be covered by the District's health insurance plan, the employee will receive a payment of four hundred dollars ($400) annually. Work for part of a school year will be prorated on a monthly basis. If an employee wishes to change his/her option, the District will be notified of the desire to change by April 30, and the change will become effective July 1. 3. The District may choose a reliable new carrier provided that such new plan provides coverage equal to or better than the Statewide Plan. The name and carrier of any new plan will be listed in this Agreement. 4. The District will pay fifty percent (50%) of the premium for individual coverage for retired employees and thirty-five percent (35%) of the premium for dependent coverage for an employee who retires with a minimum of ten (10) years' service in the District. 5. The employee co-pay for the drug card benefit will be $10.00 for generic, and $25.00 for legend drugs. C. DCMO (Delaware-Chenango-Madison-Otsego) Health Consortium 1. The Xxxxxxx Central School District shall provide a comprehensive health benefits plan equal to or better than The Empire Plan-Core Plus Enhancements and all its riders in effect on the day prior to the District joining the Delaware- Chenango Health Consortium. 2. The Xxxxxxx Central School District Medical Plan Document shall be subject to the approval of the Co-Presidents of the Xxxxxxx Association of Paraprofessionals (HAP) and upon approval said Plan Document shall be incorporated by reference. 3. No current enrollees of the current The Empire Plan shall be denied access to benefits in the Xxxxxxx Central School District Medical Plan because of pre­ existing medical conditions. 4. All enrollees in the Xxxxxxx Central Scho...
Sample 1
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Pension and Health Insurance 
Sample 1

Related to Pension and Health Insurance

  • Retiree Health Insurance Retired members of the Department receiving, or to receive City of Lincoln monthly pension checks, may participate in the group comprehensive health care plan for active City employees, provided that each retiree so desiring will execute the required forms in a timely fashion, and further provided that each retiree will be required to pay the full monthly cost at the current rates subject to any rate increases which may occur from time to time. Such payment will be made by payroll deduction from pension checks, or by direct payment in the case of an early retiree.

  • Health Insurance The Couple agrees that: (check one)

  • Health Insurance Portability and Accountability Act Grantee certifies that it is in compliance with the Health Insurance Portability and Accountability Act of 1996 (HIPAA), Public Law Xx. 000-000, 00 XXX Parts 160, 162 and 164, and the Social Security Act, 42 USC 1320d-2 through 1320d-7, in that it may not use or disclose protected health information other than as permitted or required by law and agrees to use appropriate safeguards to prevent use or disclosure of the protected health information. Grantee shall maintain, for a minimum of six (6) years, all protected health information.

  • Health Insurance Portability and Accountability Act of 1996 This paragraph was intentionally left blank.

  • Group Health Insurance The Employer shall provide a comprehensive health care insurance program for all permanent full-time and part-time employees. Health Plan characteristics and benefits shall be as provided in the Employer’s Agreement with the Ohio Civil Service Employees Association (hereinafter OCSEA). Regardless of the plan, employees will pay fifteen percent (15%) of the premium and the Employer will pay eighty-five percent (85%) of the premium; however for any alternative plans offered pursuant to the Agreement with OCSEA, the employees’ premium share will be determined by the Director of DAS, but will not exceed fifteen percent (15%) of the premium. The Employer’s premium share shall be paid on behalf of eligible employees as provided in the Employer’s Agreement with OCSEA. Employees who include a spouse as a dependent for healthcare coverage shall pay a surcharge as provided in the Employer’s Agreement with OCSEA. Eligibility provisions for employees enrolling in State provided health care plans shall remain the same as those in effect in the Employer’s Agreement with OCSEA. The Employer reserves the right to perform dependent eligibility audits upon recommendation of the Joint Health Care Committee. Health care costs paid on behalf of ineligible dependents will be subject to recovery. Deductibles, co-payments, and other plan design provisions for all benefit programs shall be the same as those prescribed in the Employer’s Agreement with OCSEA. Every year the Employer shall conduct an open enrollment period, at which time employees shall be able to enroll in a health plan, continue enrollment in their current plan, switch to another plan, subject to plan availability in their area, or waive coverage. The timing of the open enrollment period shall be established by the Director of the Department of Administrative Services (DAS), in consultation with the Joint Health Care Committee. Changes outside of open enrollment may only occur as prescribed in the Employer’s Agreement with OCSEA. Open Enrollment Fairs shall be held in accordance with Employer’s Agreement with OCSEA. There shall be established a Joint Health Care Committee composed of representatives of management, and of the various labor Unions representing State employees. The Committee shall meet regularly to monitor the operation of the State’s health care plans, and to make recommendations for the improvement of the plans and cost containment procedures. The Employer shall provide funding for dental, vision and the life benefits as described in Article 21 of the Employer’s Agreement with OCSEA and the Union’s Benefits Trust. Employee health insurance payments will be deducted from every paycheck. In the event an employee is receiving disability leave or Workers’ Compensation benefits, the Employer- policyholder shall continue, at no cost to the employee, the coverage of group health insurance for such employee for the period of such leave, but not beyond twelve (12) months. If the employee’s leave extends beyond twelve

  • HEALTH & WELFARE 16:1 The parties signatory hereto shall enter into a Health and Welfare Plan for which there is a Trust Agreement, known as the Line Construction Benefit Fund, for the purpose of providing insurance benefits for eligible employees and/or their dependents. Effective the first of the month following the signature date of this Agreement, the Employer shall pay to the Line Construction Benefit Fund the sum of $6.50 for each hour worked. Hours worked shall be deemed to include straight-time hours worked, overtime hours worked, and report time not worked. Remittance shall be forwarded to the place designated by the parties hereto on or before the fifteenth (15th) day of each month for each hour worked in weekly payroll periods ending during the preceding month, together with a monthly payroll report on a form to be furnished to the Employer. It is understood and intended by the parties to this Agreement that the purpose of this clause is to establish an Employer financed Health and Welfare Trust and that contributions thereto shall not be deemed to be wages to which any employee shall have any right other than the right to have such contributions paid over to the Trust fund in accordance herewith. Failure of an individual Employer to make all payments provided for, including liquidated damages for late payments, within the time specified, shall be a breach of this Agreement and will further require action by the Trustees as set forth in the Trust Agreement. Any increase in the required contributions set forth above will be paid equally (50% by the Employer and 50% by the Employee). The amount paid by the Employee will come from their NEAP contribution. 16:2 HRA: Effective the first of the month following the signature date of this Agreement, the Employer also agrees to pay into the Line Construction Benefit Fund $1.00 per hour through the term of this Agreement. HRA is calculated on all hours worked for all working classifications covered by this Agreement. These contributions shall be used to provide Health Reimbursements Accounts(s) under the Line Construction Benefit Fund Plan of Benefits.

  • Occupational Safety and Health Acts Contractor(s) who perform any work under this contract shall fully comply with the provisions of the Federal Occupational Safety and Health Act of 1970 and any amendments thereto and regulations pursuant to the act. Any Contractor who fails to do so may be terminated for cause as set forth below.

  • SAFETY AND HEALTH A. The Employer agrees to provide a safe, clean wholesome surrounding in all places of employment. B. Each Department head shall issue instructions to all supervisory personnel to carry out the provisions of this Article. C. When an employee reports any condition which he/she believes to be injurious to his/her health to the administrative head of a work location, the administrative head shall correct the situation if within his/her authority, or shall report said complaint to his/her supervisor. D. A copy of the provisions of this Article shall be conspicuously posted in each work location. E. In all new places of employment, where the Union alleges that the air quality is inferior, the person in charge of the location will make reasonable efforts to have air quality checked. If the air quality is found to be sub-standard, the person in charge of the location shall make reasonable efforts to improve it. F. Whenever temperature inside any work location is unusually hot or cold, the person in charge of such work location shall immediately contact the person responsible for the building to determine the cause and probable length of time necessary to correct the problem. G. The Employer will make every reasonable effort to xxxxx asbestos containing materials as recommended by the Division of Occupational Hygiene. Where such cleanup is not possible, the Employer will make every effort to avoid making work assignments, which will unduly expose employees to known hazardous materials. H. Pregnant employees who work in conditions/situations deemed hazardous or dangerous to the pregnancy by the attending physician may request a temporary reassignment within their job description or a comparable position, and may be reassigned within two (2) weeks of notification for the duration of the pregnancy. Upon request by management, the employee will provide medical evidence. Such work assignments shall be determined by the appointing authority or his/her designee. This request must be made in writing to the Appointing Authority. I. Grievances involving the interpretation or application of the provisions of this Article may be processed through Step III of the grievance procedure set forth in Article 23, but may not be the subject of arbitration. Section 19.2 The Parties agree to establish a program to monitor air quality at new and existing worksites. The parties agree to negotiate over the specific provisions of such a protocol within 60 days. Section 19.3 The parties agree to establish a safety and security committee to study all state buildings and leased property where state employees work. The mission of the study will be to establish more consistent safety and security policies to ensure the safety and security of all state employees at their work site and citizens of the Commonwealth that visit state agencies. In addition, the parties agree to establish a training program to promote the safety and security of all state employees that may include, but shall not be limited to active shooter training, front line security, and reception practices and protocol for 911 emergencies.

  • Health Insurance Benefits To the extent provided by the federal COBRA law or, if applicable, state insurance laws, and by the Company’s current group health insurance policies, Executive will be eligible to continue Executive’s group health insurance benefits at Executive’s own expense. If Executive timely elects continued coverage under COBRA, the Company shall pay Executive’s COBRA premiums, and any applicable Company COBRA premiums, necessary to continue Executive’s then-current coverage for a period of 12 months after the date of Executive’s termination of employment; provided, however, that any such payments will cease if Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such premiums. Executive agrees to immediately notify the Company in writing of any such enrollment. Notwithstanding the foregoing, if the Company determines, in its sole discretion, that it cannot provide the foregoing benefit without potentially incurring financial costs or penalties under applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to Executive a taxable monthly amount to continue his group health insurance coverage in effect on the date of separation from service (which amount shall be based on the premium for the first month of COBRA coverage), which payments shall be made regardless of whether Executive elects COBRA continuation coverage and shall commence in the month following the month in which Executive incurs a separation from service and shall end on the earlier of (x) the date on which Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such amounts and (y) 12 months after the date of Executive’s separation from service.

  • Health and Welfare Benefits applies to full-time nurses only)

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