Common use of Premium Administration Clause in Contracts

Premium Administration. I. Make monthly payroll deductions based on the premium and insured salary provisions and timelines provided and outlined by the OSSTF Provincial LTD program; II. submit all payroll deduction (premiums) along with the required supporting information defined by OSSTF and the Teacher Bargaining Unit (ie. premium rate used in calculation, total insured salary, number of insured lives, policy and division number, premium period); III. collect and submit appropriate premiums from eligible teachers who elect LTD coverage while on approved leave of absence; IV. support the information and process requirements in the agreed-upon payroll feed (as per A vi); V. all of the above requirements must be performed within the contractual and administrative timelines established for the Provincial OSSTF LTD Program; VI. process premium refunds for members who have had incorrect deductions due to items such as administration errors, not eligible etc.

Appears in 18 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Premium Administration. I. i. Make monthly payroll deductions based on the premium and insured salary provisions and timelines provided and outlined by the OSSTF Provincial LTD program; IIii. submit all payroll deduction (premiums) along with the required supporting information defined by OSSTF and the Teacher Bargaining Unit (ie. premium rate used in calculation, total insured salary, number of insured lives, policy and division number, premium period); IIIiii. collect and submit appropriate premiums from eligible teachers who elect LTD coverage while on approved leave of absence; IViv. support the information and process requirements in the agreed-upon payroll feed (as per A vi); V. v. all of the above requirements must be performed within the contractual and administrative timelines established for the Provincial OSSTF LTD Program; VIvi. process premium refunds for members who have had incorrect deductions due to items such as administration errors, not eligible etc.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Premium Administration. I. Make monthly payroll deductions based on the premium and insured salary provisions and timelines provided and outlined by the OSSTF Provincial LTD program; II. submit all payroll deduction (premiums) along with the required supporting information defined by OSSTF and the Teacher Bargaining Unit (ie. premium rate used in calculation, total insured salary, number of insured lives, policy and division number, premium period); III. collect and submit appropriate premiums from eligible teachers who elect LTD coverage while on approved leave of absence; IVXX. support xxxxxxx the information and process requirements in the agreed-upon payroll feed (as per A vi); V. all of the above requirements must be performed within the contractual and administrative timelines established for the Provincial OSSTF LTD Program; VI. process premium refunds for members who have had incorrect deductions due to items such as administration errors, not eligible etc.

Appears in 1 contract

Samples: Collective Agreement

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Premium Administration. I. Make monthly payroll deductions based on the premium and insured salary provisions and timelines provided and outlined by the OSSTF Provincial LTD program; II. submit Submit all payroll deduction (premiums) along with the required supporting information defined by OSSTF and the Teacher Bargaining Unit (ie. premium rate used in calculation, total insured salary, number of insured lives, policy and division number, premium period); III. collect Collect and submit appropriate premiums from eligible teachers who elect LTD coverage while on approved leave of absence; IV. support Support the information and process requirements in the agreed-upon payroll feed (as per A vi); V. all All of the above requirements must be performed within the contractual and administrative timelines established for the Provincial OSSTF LTD Program; VI. process Process premium refunds for members who have had incorrect deductions due to items such as administration errors, not eligible etc.

Appears in 1 contract

Samples: Collective Agreement

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