Protection of Medical Benefit Coverage Sample Clauses

Protection of Medical Benefit Coverage. (a) Early retiring employees in receipt of a College pension may obtain basic medical and extended health benefit coverage through the Superannuation Commission when filing a claim for pension. Appropriate deductions will be made from monthly pension on a premium shared basis. Retired employees in receipt of pension are not allowed to choose to join these plans at a later date.
Sample 1Sample 2Sample 3See All (26)
AutoNDA by SimpleDocs
Protection of Medical Benefit Coverage a) Early retiring employees not immediately commencing receipt of a College pension may elect to continue their basic medical and extended health* benefit coverage through the Employer during the period preceding receipt of pension (but in any event, not longer than five (5) years following retirement) provided that:
Sample 1Sample 2Sample 3See All (18)
Protection of Medical Benefit Coverage a) Early retiring faculty in receipt of a College Pension may obtain basic medical and extended health benefit coverage through the Pension Corporation when filing a claim for pension. Appropriate deductions will be made from monthly pension on a premium shared basis. Note: Pensioners who decline the extended health benefit coverage at retirement will not be eligible for coverage later unless they can prove continuous coverage under an extended health care plan (e.g. coverage under spouse's plan).
Sample 1Sample 2Sample 3See All (14)
Protection of Medical Benefit Coverage a) Retiring employees in receipt of a pension may obtain Basic Medical, Dental and Extended Health benefit coverage through the Pension Corporation when filing a claim for pension. Retired employees in receipt of a pension are not allowed to choose to join these plans at a later date.
Sample 1Sample 2Sample 3See All (11)
Protection of Medical Benefit Coverage. ‌ Retiring faculty members not immediately commencing receipt of a College pension may elect to continue their Basic Medical, Extended Health and Dental benefit coverage* through the College during the period preceding receipt of pension, but in any event, not longer than 5 years following retirement, provided that:
Sample 1Sample 2Sample 3See All (6)
Protection of Medical Benefit Coverage a) Early retiring employees in receipt of a College Pension may obtain basic medical and extended health benefit coverage through the Superannuation Commission when filing a claim for pension. Appropriate deductions will be made from monthly pension on a premium shared basis. Retired employees in receipt of a pension are not allowed to choose to join these plans at a later date. Human Rights/Sexual and Personal Harassment Early retiring employees not immediately commencing receipt of a pension may elect to continue their basic medical, extended health* and dental** benefit coverage through the College during the period preceding receipt of pension, but in any event, not longer than five years following retirement, provided that: written notification of the intent to continuethese benefits is provided to the Employee Relations Department six weeks prior to date of earlyretirement;
Sample 1
Protection of Medical Benefit Coverage a) Early retiring employees in receipt of a College Pension may obtain basic medical, dental and extended health benefit coverage through the Superannuation Commission when filing a claim for pension. Retired employees in receipt of a pension are not allowed to choose to join these plans at a later date. Early retiring employees not immediately commencing receipt of a College pension may elect to continue their basic medical, extended health and dental benefit coverage* through the College during the period preceding receipt of pension, but in any event, not longer than five years following retirement, provided that: written notification of the intent to continue these benefits is provided to the Personnel Services six weeks prior to date of early retirement; the individual maintains residency; and the participant prepays all premium costs. * Coverage for retirees will be under a separate group at a reduced level, and may be subject to a higher premium. Financial Counselling Each instructor who is offered an early retirement incentive is entitled to receive personal financial counselling conducted by a firm of qualified financial consultants selected by the College. A lifetime total of three hours of consultation is available and the fees for such will be paid by the College. After obtaining the necessary Certificate of Entitlement from Personnel Services, each instructor will be free to schedule these consultations in whatever manner is most beneficial or convenient to that instructor. In addition, each instructor who is offered early retirement incentive is eligible to attend one of several planning workshops held annually.
Sample 1
AutoNDA by SimpleDocs

Related to Protection of Medical Benefit Coverage

  • Benefit Coverage The Company agrees to provide pension and welfare benefits as described in the Company Booklets, benefit plan documents or policies of insurance for the duration of the Agreement.

  • Workplace Safety Insurance Benefits (WSIB) Top Up Benefits If the employee is in a class of employees that, on August 31, 2012, was entitled to use unused sick leave credits for the purpose of topping up benefits received under the Workplace Safety and Insurance Act, 1997;

  • Retiree Medical Benefits If Executive is or would become fifty-five (55) or older and Executive's age and service equal sixty-five (65) and Executive has at least five (5) years of service with the Company within two (2) years of Change in Control, Executive is eligible for retiree medical benefits (as such are determined immediately prior to Change in Control). Executive is eligible to commence receiving such retiree medical benefits based on the terms and conditions of the applicable plans in effect immediately prior to the Change in Control.

  • - INCOME PROTECTION AND WORKERS COMPENSATION 2301 A nurse having accumulated income protection may claim basic pay for such income protection against such accumulation with respect to periods during which:

  • Medical Benefits The Company shall reimburse the Employee for the cost of the Employee's group health, vision and dental plan coverage in effect until the end of the Termination Period. The Employee may use this payment, as well as any other payment made under this Section 6, for such continuation coverage or for any other purpose. To the extent the Employee pays the cost of such coverage, and the cost of such coverage is not deductible as a medical expense by the Employee, the Company shall "gross-up" the amount of such reimbursement for all taxes payable by the Employee on the amount of such reimbursement and the amount of such gross-up.

  • Educational Benefits a. A full-time employee may enroll for credit at the University for a maximum of two courses, or six credit hours, whichever is greater, in any one academic term with exemption from the payment of tuition and fees.

  • WORKERS' COMPENSATION BENEFITS In accordance with Section 142 of the State Finance Law, this contract shall be void and of no force and effect unless the Contractor shall provide and maintain coverage during the life of this contract for the benefit of such employees as are required to be covered by the provisions of the Workers' Compensation Law.

  • HEALTH AND INSURANCE BENEFITS 22.01 All health and insurance benefit premium costs paid by the Employer shall prorate in accordance with the proration formula under Article 22.12 of this Agreement. Same sex spouse is eligible to be a dependent for insured benefits.

  • General Benefits During the Term of Employment, the Executive shall be entitled to participate in such employee pension and welfare benefit plans and programs of the Company as are made available to the Company's senior-level executives or to its employees generally, as such plans or programs may be in effect from time to time, including, without limitation, health, medical, dental, long-term disability, travel accident and life insurance plans.

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