Common use of Premium Cost Clause in Contracts

Premium Cost. A participant's coverage for all Health, Medical, Pension and LTD plans, that are in effect immediately prior to the leave, will, if eligibility conditions permit, be maintained during the leave of absence at the employee's option, however all the premium costs of such plans shall be paid by the participant during the leave.

Appears in 5 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

Premium Cost. A participant's ’s coverage for all Health, Medical, Pension and LTD plans, that are in effect immediately prior to the leave, will, if eligibility conditions permit, benefits will be maintained during the leave of absence at as the employee's Employee’s option, however all subject to the terms and conditions as set out in the master plan of the insurance carrier. All the premium costs of such plans shall be paid by the participant during the leave.

Appears in 1 contract

Samples: Collective Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!