Standard Benefits Plans Sample Clauses

Standard Benefits Plans. The Employer shall make available to eligible hourly employees in the bargaining unit the Standard Benefits Plans generally made available to eligible hourly employees in the state and the division where the unit is located (the “Standard Benefits Plans”), in accordance with and subject to the terms and conditions (including the terms and conditions relating to eligibility of employees to participate) applicable to such plans.
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Standard Benefits Plans. Sodexo will provide eligible employees the opportunity to enroll in Medical benefits through a Sodexo sponsored carrier. The plan(s), plan design(s) and schedule(s) of benefits may be adjusted from time to time in line with changes in the Medical benefits package for all Sodexo employees or as required by law. Other changes might include a change in the insurer, health maintenance organization, or other service provider that provides the benefits or establishes the network of participating providers.
Standard Benefits Plans. Bargaining Unit Members shall be eligible to participate in the standard Hospital benefit plans, as amended from time to time, on the same terms, conditions and basis as other Hospital employees. The Hospital shall offer the following core benefit plans during the tenn of this Agreement: medical plan, dental plan, vision plan, long-term disability plans, life insurance, and a 401 (k) Plan with employer match of up to 3% of eligible compensation, as set forth in the Summary Plan Description. The medical insurance option for Full-Time and Part-Time bargaining unit employees and their families will not require any bargaining unit member payroll contribution ("Free Plan"). For the term of the Agreement, this Free Plan is as set forth in the Parties Side Letter Regarding Medical, Pharmacy Benefits and Other Benefits. With respect to the Free Plan, the Hospital will on an overall basis maintain substantially equivalent benefits with due regard to the economic challenges faced by the Hospital in maintaining such a plan. For the term of this Agreement, the Hospital reserves the right with notice, to change health plans where there is no increase in employee contributions and no decrease in benefit coverage levels. The Hospital will negotiate with the Union prior to implementing major changes to the medical plan.
Standard Benefits Plans. The Hospital has presently requested one change to Pharmacy benefits co-pay for specialty drugs as presented in its side by side. Otherwise, it has notified the Union of the intent to change the network from Blue Shield to Anthem.

Related to Standard Benefits Plans

  • Retirement Plans (a) In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (“Qualified Plans”) (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, Transfer Agent shall provide the following administrative services: (i) Establish a record of types and reasons for distributions (i.e., attainment of eligible withdrawal age, disability, death, return of excess contributions, etc.); (ii) Record method of distribution requested and/or made; (iii) Receive and process designation of beneficiary forms requests; (iv) Examine and process requests for direct transfers between custodians/trustees, transfer and pay over to the successor assets in the account and records pertaining thereto as requested; (v) Prepare any annual reports or returns required to be prepared and/or filed by a custodian of a Retirement Plan, including, but not limited to, an annual fair market value report, Forms 1099R and 5498; and file same with the IRS and provide same to Participant/Beneficiary, as applicable; and (vi) Perform applicable federal withholding and send Participants/Beneficiaries an annual TEFRA notice regarding required federal tax withholding. (b) Transfer Agent shall arrange for PFPC Trust Company to serve as custodian for the Retirement Plans sponsored by a Fund. (c) With respect to the Retirement Plans, Transfer Agent shall provide each Fund with the associated Retirement Plan documents for use by the Fund and Transfer Agent shall be responsible for the maintenance of such documents in compliance with all applicable provisions of the Code and the regulations promulgated thereunder.

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