Retiree Benefits – Process for Payment Sample Clauses

Retiree Benefits – Process for Payment. Any bargaining unit nurse who retires and wishes to participate in the benefit plans as outlined in article 17.01(h) will provide advance payment of the benefits either through post-dated cheques provided on a yearly basis or through a preauthorized withdrawal process. It is understood that any transaction would be dated the first of each and every month. The Employer will notify the Union of the benefit costs to retired nurses in January of each year, and each time the benefit costs are renegotiated by the Employer.
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Retiree Benefits – Process for Payment. Any bargaining unit Employee who retires and wishes to participate in the benefit plans as outlined in article 17.01(h) will provide advance payment of the benefits through a preauthorized withdrawal process. It is understood that any transaction would be dated the first of each and every month. The Employer will notify the Union of the benefit costs to retired Employees in January of each year, and each time the benefit costs are renegotiated by the Employer.
Retiree Benefits – Process for Payment. Any bargaining unit nurse who retires and wishes to participate in the benefit plans as outlined in Article 17.01(h) of the Central Hospital Collective Agreement, will provide advance payment of the cost of the benefits through post-dated cheques provided on a yearly basis.
Retiree Benefits – Process for Payment. Any Bargaining Unit employee(s) who retires and wishes to participate in the Benefit Plan as outlined in Article 17.01 (h) of the Central Hospital Collective Agreement will provide advance payment of the benefits either through post-dated cheques provided on a yearly basis or through a pre-authorized withdrawal process. It is understood that any transaction would be dated the first of each and every month.
Retiree Benefits – Process for Payment. Any bargaining unit nurse who retires and wishes to participate in the benefit plans as outlined in Article 17.01 (h) will provide advance payment of the benefits either through post-dated cheques provided on a yearly basis or through a preauthorised withdrawal process. The benefits provided will be on the same basis as those benefits provided to active employees. It is understood that any transaction would be dated the first of each and every month. The Employer will notify the Union and all participating employees of the benefit costs to retired nurses in January of each year, and each and any time the benefit costs are changed.
Retiree Benefits – Process for Payment. APPLIES TO FULL TIME ONLY – A nurse who is retiring from her/his full time position in the bargaining unit on or after January 1, 2002 and has not yet reached age 65 and who is in receipt of the Hospital’s pension plan benefits and who wishes to continue to participate in the benefit plans (Extended Health, Dental and Semi-private coverages) as outlined in Article 17.01 (h) may do so by making application at least one (1) month in advance of his/her last day of work. It is understood and agreed that the following shall apply; 1. To be eligible for retiree benefits the retiring nurse must have been a participant in the Hospital benefit plans as outlined in Article 17.01 (h) for a period of three (3) months prior to making application for retiree benefits. 2. Dependent coverage shall be those dependants that were covered for the period as in (a) above and no dependants may be added following the nurse’s last day of work. 3. The benefit plan(s) applicable to the retiree shall be those in place at the Hospital at the time of application. 4. In the event that plan design should change the retiree benefits shall remain consistent with those plans in effect for full time members of the ONA bargaining unit. 5. A retiree’s participation/coverage is subject to the terms and conditions of the plan and changes thereof. 6. The nurse participating in retiree benefits shall provide advance payment for the full amount of the monthly premium of the benefits either through post dated cheques provided on a yearly basis or through a preauthorized withdrawal process. A cheque shall accompany the application for retiree benefits for the full amount of three (3) months of coverage dated for the nurse’s last day of work. The Hospital shall notify the nurse of any increase in the premiums and the nurse shall remit payment for any increase in a timely fashion and amend any post-dated cheques as necessary. 7. In the event that the retired nurse wishes to terminate coverage, the retired nurse shall provide three (3) months notice in writing to the Hospital. The retired nurse may not rejoin the plan once coverage has been terminated. Any and all coverage shall cease immediately upon the occurrence of any of the following; a) Any monthly payment is missed or a cheque is returned to the Hospital in which case the Hospital has no obligation to contact the nurse or question why payment has not been made. b) The failure to remit payment in respect of any increase in premiums within thirty ...
Retiree Benefits – Process for Payment. The retired nurse will provide payment of the premiums for retiree benefits either through monthly cheques or through a monthly preauthorized withdrawal process.
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Retiree Benefits – Process for Payment. (a) Any bargaining unit nurse who retires before the age of sixty-five (65) and wishes to participate in the Benefit Plan as outlined in Article 20 will provide advance payment of the benefits either through post-dated cheques provided on a yearly basis or through a pre-authorized withdrawal process up to the age of sixty-five (65). (b) Dental benefits will be extended to active full-time nurses from the age of sixty-five (65) and up to the nurse’s seventieth (70th) birthday on the same cost share basis as applies to those nurses under the age of sixty-five (65).
Retiree Benefits – Process for Payment. Any bargaining unit nurse who retires and wishes to participate in the benefit plans as outlined in article 17.01(h) will provide advance payment of the benefits through post-dated cheques provided on a yearly basis. It is understood that any transaction would be dated the first of each and every month. The Employer will notify the Union of the benefit costs to retired nurses each time the benefit costs are renegotiated by the Employer. M - 7 Errors in Pay Shortages in an employee’s pay will be rectified upon the following conditions: (a) If the shortage occurs as a result of an employee’s action or inaction, it will be corrected on the next standard payroll. (b) If the shortage occurs as a result of the Hospital’s error and amount to less than four (4) hours pay, it will be corrected on the next standard payroll. (c) If the shortage occurs as a result of the Hospital’s error in an amount of four
Retiree Benefits – Process for Payment. Any bargaining unit nurse who retires and wishes to participate in the Benefit Plan as outlined in Article 17.01 (h) of the Central Hospital Collective Agreement will provide payment of the premiums through a pre-authorized automatic transfer arranged through a local bank. Should there be any arrears for benefit premiums, the Hospital will notify the nurse that they have two (2) weeks to make the payment or benefit coverage will be cancelled. It is understood that any transaction would be dated the first of each and every month. The Hospital will notify the Association of the benefit costs to retired nurses in January of each year and each time the benefit costs are re-negotiated by the Hospital.
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