Welfare and Insurance Program Sample Clauses
The Welfare and Insurance Program clause establishes the employer's obligation to provide certain welfare benefits and insurance coverage to employees. Typically, this includes health, life, disability, and other forms of insurance, as well as participation in retirement or other benefit plans as outlined in the agreement. By clearly defining the types and extent of benefits offered, this clause ensures employees are protected against various risks and that both parties understand the scope of coverage, thereby reducing disputes and promoting workplace security.
Welfare and Insurance Program. 19.01 The Company agrees to provide the following coverage at no cost to the employees:
a) During the life of this Agreement, each employee will be covered under the Group Life Insurance Plan (including AD&D) in the amount of $30,000.00 dollars.
b) Sickness and Accident Plan to provide sixty-six and two thirds (66 2/3%) percent of employee scheduled rate (per Schedule "A"), times the number of hours an employee is scheduled to work per week for twenty-six (26) weeks from the first (1st) day of absence due to accident (other than work related) or from the second (2nd) day of illness.
c) The Ontario Health Plan (OHIP) for any widowed employees with or without dependent or single regular employees with or without dependent children who take out coverage under this plan.
d) Part-time employee insurance coverage shall be governed by a Letter of Agreement titled Part Time Employees, dated August 1, 2006 and hereby made a part of this Agreement pursuant to Section 20.2.
e) In order to qualify for benefits described in this agreement, employee must work thirty (30) hours or greater per week on a regular scheduled basis.
Welfare and Insurance Program. 29.01 The Company agrees to contribute 100% of the billed premium for the long term disability benefit under the current long term disability plan for each eligible employee. The Company agrees to contribute 100% of the billed premium for the dental benefit under the current dental plan for each eligible employee. It is understood that the obligation of the Company is to purchase insurance as set out herein and not to act as an insurer of these benefits. Benefit entitlements under this Article are not arbitral and must be addressed with the carrier. It is agreed that the benefit plans referred to these schedules are not incorporated by reference into this agreement, and that the Company may, at any time change carriers or plans without changing the current level of benefits. The employer shall not be required to pay any premium required by this article on behalf of any employee who is absent from work without pay for more than thirty (30) days. For information purposes only, a summary of the benefits provided under the current plan follows: Benefits are provided under this Collective Agreement to all employees who have completed two (2) months of employment with the company. Employees receiving benefits will maintain their maximum benefit for their claim period. Should a contract increase the benefits maximum, the employee will receive the maximum under the original claim date. Coverage under all benefit plans with the exception of long term disability will cease after 1 year absence due to sickness or disability including workplace disabilities. Coverage for all benefits will cease at the end of the month, following the month in which the layoff occurs.
Welfare and Insurance Program. 29.01 The Company agrees to contribute 100% of the billed premium for the long term disability benefit under the current long term disability plan for each eligible employee. The Company agrees to contribute 100% of the billed premium for the dental benefit under the current dental plan for each eligible employee. It is understood that the obligation of the Company is to purchase insurance as set out herein and not to act as an insurer of these benefits. Benefit entitlements under this Article are not arbitrable and must be addressed with the carrier. It is agreed that the benefit plans referred to these schedules are not incorporated by reference into this agreement, and that the Company may, at any time change carriers or plans without changing the current level of benefits. The employer shall not be required to pay any premium required by this article on behalf of any employee who is absent from work without pay for more than thirty
Welfare and Insurance Program