Termination (Excluding Retirement) Within Five Years of Normal Retirement. If the employment of an employee terminates for any reason (except retirement) within five years of his/her normal retirement date (or earlier, if he/she is still insured within five years of his/her normal retirement date) and he/she has at least five years of creditable service under the Retirement Pension Plan as of the date which precedes by five years his/her normal retirement date, he/she may continue Life Insurance, Survivor Income Benefits coverage and Accidental Death and Dismemberment Insurance until his/her normal retirement date by paying the applicable contributions referred to in (l) below based on the amount of Life Insurance he/she had in force while working unless terminated for total and permanent disability in which event the Company will pay the cost.
Appears in 6 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Termination (Excluding Retirement) Within Five Years of Normal Retirement. If the employment of an employee terminates for any reason (except retirement) within five years of his/her normal retirement date (or earlier, if he/she is still insured within five years of his/her normal retirement date) and he/she has at least five years of creditable service under the Retirement Pension Plan as of the date which precedes by five years his/her normal retirement date, he/she may continue Life Insurance, Survivor Income Benefits coverage and Accidental Death and Dismemberment Insurance until his/her normal retirement date by paying the applicable contributions referred to in (l) below based on the amount of Life Insurance he/she had in force while working unless terminated for total and permanent disability in which event the Company company will pay the cost.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Termination (Excluding Retirement) Within Five Years of Normal Retirement. If the employment of an employee terminates for any reason (except retirement) within five (5) years of his/her normal retirement date (or earlier, if he/she is still insured within five years of his/her normal retirement date) and he/she has at least five years of creditable service under the Retirement Pension Plan as of the date which precedes by five years his/her normal retirement date, he/she may continue Life Insurancelife insurance, Survivor Income Benefits survivor income benefits coverage and Accidental Death accidental death and Dismemberment Insurance dismemberment insurance until his/her normal retirement date by paying the applicable contributions referred to in (l) below based on the amount of Life Insurance life insurance he/she had in force while working unless terminated for total and permanent disability in which event the Company company will pay the cost.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Termination (Excluding Retirement) Within Five Years of Normal Retirement. If the employment of an employee terminates for any reason (except retirement) within five (5) years of his/her normal retirement date (or earlier, if he/she is still insured within five years of his/her normal retirement date) and he/she has at least five (5) years of creditable service under the Retirement Pension Plan as of the date which precedes by five (5) years his/her normal retirement date, he/she may continue Life Insurancelife insurance, Survivor Income Benefits coverage and Accidental Death and Dismemberment Insurance until his/her normal retirement date by paying the applicable contributions referred to in (l) below based on the amount of Life Insurance life insurance he/she had in force while working unless terminated for total and permanent disability in which event the Company company will pay the cost.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement