Premium Savings Sample Clauses

Premium Savings. It is hereby understood and agreed that premium savings accrued by virtue of Human Resources Development Canada assessment shall be used to offset partially the costs of disability and future benefit improvements.
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Premium Savings. It is hereby understood and agreed that premium savings accrued by virtue of Employment Insurance Commission assessments or experience refunds paid since October 1, 1975, from the insurance company or other sources, shall be used to partially offset the costs of salary indemnity and future benefit improvements.
Premium Savings. It is hereby understood and agreed that premium savings accrued by virtue of Unemployment Insurance Commission assessment shall be used to offset partially the costs of salary indemnity and future benefit improvements.
Premium Savings. The Parties agree that premium savings accrued through Unemployment Insurance Commission assessments, or experience refunds from the Insurance Company or other sources shall be used to partially offset future benefit improvements.

Related to Premium Savings

  • Premium Pay “Premium Pay” is a special pay rate for working during times that are less desirable, such as weekends, holidays or late shifts. The City will not pay the Consultant Premium Pay.

  • Premium Payment The Bank shall pay any premiums due on the Policy.

  • Flexible Spending Account The parties agree that the State shall have the right to use State Employee Health Plan funds to cover the administrative costs of operating the medical and dependent care flexible spending account programs.

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