Survivor Income Benefits Sample Clauses

Survivor Income Benefits. It is agreed, subject to current SIB policy, that employees hired before May 1, 1989 who had elected survivors' income shall continue to have this option. Married employees shall include those with a spouse or child.
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Survivor Income Benefits. (a) Transition Survivor Income Benefit If an employee dies while insured for Survivor Income Benefits, leaving one or more Survivors, as defined below, the Insurer shall begin payment of not more than 24 Monthly Survivor Income Benefits ("Transition Survivor Income Benefits"), provided at least one of such Survivors is living on the first day of the month following the employee's death and then qualifies as his/her Survivor, and provided that no waiver of benefits is in force. The amount of the monthly Transition Survivor Income Benefit payable to the eligible Class A, Class B, or Class C survivors of employees shall be $875.00 per month except that for any month in which an eligible Class A survivor has a dependent child as defined in subsection (a)(2) herein and for any month in which an eligible Class B survivor has no parent surviving, the amount of the transition survivor income benefit shall be $950.00 per month. For the months in which two or more eligible Class B or Class C survivors share a Benefit, each survivor's share is computed as a fraction of the Benefit that would be paid to him/her as a sole survivor, according to his/her own eligibility for statutory benefits. The first such Benefit is payable on the first day of the month following the employee's death. Thereafter, a Monthly Survivor Income Benefit is payable on the first day in each of the next 23 months, but if on the first day of any month after the employee's death no person then living qualifies as his/her Survivor, no such Benefit is payable for that month or any subsequent month. Survivors are classified and defined as follows:
Survivor Income Benefits. 4.01 On the death of an insured employee, a monthly benefit will be payable to his/her spouse and/or children under age 18. This benefit will be payable until the later of: -
Survivor Income Benefits. The Company will fund basic life and accidental dismemberment and death insurance benefits. Additionally, employees will be offered the opportunity to purchase voluntary supplemental life insurance and accidental death and dismemberment coverage. These programs will be provided under the same terms and conditions as it is provided to non-represented employees.
Survivor Income Benefits. (a) If an Employee dies on or after the Effective Date while covered for Survivor Income Benefits, leaving one or more Survivors, as defined below, payment of not more than 24 monthly Survivor Income Benefits ("Transition Survivor Income Benefits") shall begin, provided at least one of such Survivors is living on the first day of the month following the Employee's death and then qualifies as his Survivor.
Survivor Income Benefits. An Employee shall be covered for monthly Transition Survivor Benefits while on layoff for a period not to exceed 90 days, and he may, within 90 days following layoff, arrange to continue his Survivor Income Benefits coverage for an additional period not to exceed two (2) years after date of layoff by making a contribution at the current monthly group premium rate. The contribution must be paid in advance for each three-month period.
Survivor Income Benefits. (a) Transition Survivor Income Benefit If an employee dies while insured for Survivor Income Benefits, leaving one or more Survivors, as defined below, the Insurer shall begin payment of not more than 24 Monthly Survivor Income Benefits ("Transition Survivor Income Benefits"), provided at least one of such Survivors is living on the first day of the month following the employee's death and then qualifies as his/her Survivor, and provided that no waiver of benefits is in force. employee must: • Be totally and permanently disabled, • Be no longer eligible to receive Sick Leave Payments or Effective December 1, 2009, the amount of the monthly Transition Survivor Income Benefit payable to the eligible Class A, Class B, or Class C survivors of employees shall be $825.00 per month for any such benefit payable for months Extended Disability Benefits; provided, however, an employee shall not qualify earlier than the completion of the maximum period of eligibility for such Benefits by reason of a waiver as provided under Section 11 (f). • Have completed at least a 4 month period of such disability, • Have either 10 years of creditable service under the Retirement Pension Plan or 10 years of participation under Group Life and Disability Insurance at the end of the month in which such disability begins, • Notify the Insurer on its prescribed forms within one year from the date premiums on his/her Insurance have been paid, and • Submit to the Insurer satisfactory written proof of such disability, as required herein. The Insurer shall reserve the right to require the employee to submit to physical examination by physicians designated by it. An employee shall be deemed to be totally and permanently disabled only if he/she is not engaged in regular employment or occupation for remuneration or profit and on the basis of medical evidence satisfactory to the Insurer the employee is found to be wholly and permanently prevented from engaging in regular employment or occupation with the Company at the plant or plants where he/she has seniority for remuneration or profit as a result of bodily injury or disease, either occupational or non occupational in cause.
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Survivor Income Benefits. 44 5 Weekly Indemnity Insurance.......................... 45 12 Workers’ Compensation Compensable Accidents 54 INDEX “D” Retirement Benefits ..................................... 57 7 Amount of Pension ......................................... 65
Survivor Income Benefits. 1. Transition benefit - A benefit of $625 per month effective June 1, 1999; $650 per month effective June 1, 2000; $675 per month effective June 1, 2001 is payable for twenty-four (24) months for all Class A and B and D survivors. For Class A & B survivors, who have dependent on them, for principal support, an unmarried child under 21 years of age, and for Class C survivors, who survive both parents, the benefit is $625 per month effective June 1, 1999; $650 per month effective June 1, 2000; $675 per month effective June 1, 2001. For all other Class C survivors, the benefit is $625 per month effective June 1, 1999; $650 per month effective June 1, 2000; $675 per month effective June 1, 200 1, No benefits are payable for any month in which there is no individual who is then an eligible survivor. No survivor shall be able to receive a benefit under more than one Classification. The health care coverages will be provided by the Company for 36 months.
Survivor Income Benefits. If you should die while coverage is in effect the Transition Benefit of $175 per month will be paid to your eligible survivor for a maximum of 24 months. If the transition benefit is payable to your spouse who has a dependent child or to your orphaned child, the amount of the benefit will be $200 monthly. The Transition Benefit will be reduced by any survivor, disability or retirement benefit under the Canada/Quebec Pension Plan or any Old Age Security Benefits. The minimum Transition Benefit payable to a spouse or child will be $100 monthly. The Transition Benefit payable to your mother or father, who is eligible for any retirement, old age, survivors or disability benefit under the Canada/Quebec Plan or any Old Age Security Benefits, will be $100 per month. LETTER OF UNDERSTANDING #1 BETWEEN: CO-VAN INTERNATIONAL TRUCKS INC. AND: NATIONAL AUTOMOBILE, AEROSPACE, TRANSPORTATION AND GENERAL WORKERS UNION OF CANADA (CAW-CANADA) LOCAL 114 RE: WAREHOUSE ATTENDANT The Parties agree to a new classification in the Parts Department of "Warehouse Attendant". The Company agrees the wage rate for this classification shall be sixty-five percent (65%) of the Qualified Partsperson rate. The general duties of the Warehouse Attendant will include the following: - maintenance of physical inventory - binning - assisting in stocking shelves - general tasks (cleaning, painting, etc.) Signed on this day of , 2007. On behalf of: CAW LOCAL 114 On behalf of: CO-VAN International Trucks Inc. Xxx Xxxxxxx Xxxxx XxXxxxx Xxx Xxxxxxxxx Xxxxx Xxxxxxx Xxxxx Xxxxxx Xxx Hebe Xxxxx Xxxxxxx LETTER OF UNDERSTANDING #2 BETWEEN: CO-VAN INTERNATIONAL TRUCKS INC. AND: NATIONAL AUTOMOBILE, AEROSPACE, TRANSPORTATION AND GENERAL WORKERS UNION OF CANADA (CAW-CANADA) LOCAL 114
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