Common use of Premium Savings Clause in Contracts

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.

Appears in 17 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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