Termination of Coverage and Replacement Plan Selection Sample Clauses

Termination of Coverage and Replacement Plan Selection. The NFT Metro System reserves the right to opt out of the High Deductible Plan (HDHP) PPO 6312 and the POS 298 (205) effective the date of ratification and replace that coverage with substantially equivalent coverage (“Replacement Plan”), which the NFT Metro System will submit to the Teamsters Local 264 for its review and comment. If the NFT Metro System and Teamsters Local 264 cannot agree that the replacement coverage is substantially equivalent, the matter will be submitted to final and binding arbitration using the arbitration procedure outlined in the collective bargaining agreement.
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Termination of Coverage and Replacement Plan Selection for Both Age Pre-65/Pre- Medicare Eligible and Post-65/Medicare Eligible Retirees – NFT Metro reserves the right to opt out of the retiree options outlined above, effective on or after April 1, 2017, and to replace that coverage with substantially equivalent coverage (“Replacement Plan”) which NFT Metro will submit to the Teamsters Local 264 for its review and comment. If NFT Metro and Teamsters Local 264 cannot agree that the replacement coverage is substantially equivalent, the matter will be submitted to final and binding arbitration using the arbitration procedure outlined in the collective bargaining agreement.
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Termination of Coverage and Replacement Plan Selection. The NFTA reserves the right to opt out of the Labor Management Healthcare Coalition, (LMHC) High Deductible Plan and/or the Core Plan effective April 1, 2015 and replace that coverage with equivalent coverage (“Replacement Plan”), which the NFTA will submit to the Teamsters 264 for its review and comment. If the NFTA and Teamsters 264 cannot agree that the coverage is equivalent, the matter will be submitted to final and binding arbitration using the arbitration procedure outlined in the collective bargaining agreement.
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Termination of Coverage and Replacement Plan Selection. The NFTA reserves the right to opt out of the Traditional Blue PPO 6398 (HDHP PPO 6312) or the Traditional Blue POS 298 (POS 205) and/or the Core Plan effective April 1, 2019, and replace that coverage with equivalent coverage (“Replacement Plan”), which the NFTA will submit to Teamsters Local 264 for its review and comment. If the NFTA and Teamsters Local 264 cannot agree that coverage is equivalent, the matter will be submitted to final and binding arbitration using the arbitration procedure outlined in the collective bargaining agreement.
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Related to Termination of Coverage and Replacement Plan Selection

  • Coverage Selection Prior to Retirement An employee who retires and is eligible to continue insurance coverage as a retiree may change his/her health or dental plan during the sixty (60) calendar day period immediately preceding the date of retirement. The employee may not add dependent coverage during this period. The change takes effect on the first day of the month following the date of retirement.

  • Compensation for Convenience Termination If City shall terminate for its convenience as herein provided, City shall compensate Consulting Engineer/Architect for all Engineering/Architectural Services satisfactorily completed to date of its receipt of the termination notice and any additional Engineering/Architectural Services requested by City to bring the Project to reasonable termination. Compensation shall not include anticipatory profit or consequential damages, neither of which will be allowed.

  • Termination of Access Once this Agreement ends, by early termination or otherwise, the Licensor may terminate access to the Licensed Materials by Licensee, Participating Institutions and Authorized users, subject to Section XII, below. In addition, authorized copies of Licensed Materials made by Authorized Users may be retained for educational purposes and used subject to the terms of this Agreement.

  • Complete Disposal Upon Termination of Service Agreement Upon Termination of the Service Agreement Provider shall dispose or delete all Student Data obtained under the Service Agreement. Prior to disposition of the data, Provider shall notify LEA in writing of its option to transfer data to a separate account, pursuant to Article II, section 3, above. In no event shall Provider dispose of data pursuant to this provision unless and until Provider has received affirmative written confirmation from LEA that data will not be transferred to a separate account.

  • Contribution Formula Dental Coverage a. Faculty Member Coverage. For faculty member dental coverage, the Employer contributes an amount equal to the lesser of ninety percent (90%) of the faculty member premium of the State Dental Plan, or the actual faculty member premium of the dental plan chosen by the faculty member. However, for calendar years beginning January 1, 2014, and January 1, 2015, the minimum employee contribution shall be five dollars ($5.00) per month.

  • CONDITIONS FOR EMERGENCY/HURRICANE OR DISASTER - TERM CONTRACTS It is hereby made a part of this Invitation for Bids that before, during and after a public emergency, disaster, hurricane, flood, or other acts of God that Orange County shall require a “first priority” basis for goods and services. It is vital and imperative that the majority of citizens are protected from any emergency situation which threatens public health and safety, as determined by the County. Contractor agrees to rent/sell/lease all goods and services to the County or other governmental entities as opposed to a private citizen, on a first priority basis. The County expects to pay contractual prices for all goods or services required during an emergency situation. Contractor shall furnish a twenty-four (24) hour phone number in the event of such an emergency.

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