Welfare and Insurance Program Sample Clauses

Welfare and Insurance Program. 19.1 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 A.D. & D.) in the amount of fourteen thousand ($14,000.00) dollars. b. Sickness and Accident Plan to provide sixty (60%) percent of employee scheduled rate (per Schedule ìAî), 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.
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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. 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 

Related to Welfare and Insurance Program

  • Insurance Programs 35.1 Fringe Benefits a. The Board agrees to provide the: Individual core plan premium on behalf of each regular full time employee Part-time regular employees may receive pro-rated insurance benefits if eligible by the carrier. b. When an employee and legally recognized spouse are both employed by the district and are eligible for the school district group plan, the district shall, at the employees' option, combine the district's insurance contribution toward the family plan.

  • Benefits and Insurance The Executive shall, in accordance with Company policy and the terms of the applicable plan documents, be eligible to participate in benefits under any benefit plan or arrangement that may be in effect from time to time and made available to similarly situated Company executives (including, but not limited to, being named as an officer for purposes of the Company’s Directors & Officers insurance policy). The Company reserves the right in its sole discretion to modify, add or eliminate benefits at any time. All benefits shall be subject to the terms and conditions of the applicable plan documents, which may be amended or terminated at any time. The Executive shall be entitled to vacation each year, in addition to sick leave and observed holidays in accordance with the policies and practices of the Company. Vacation may be taken at such times and intervals as the Executive shall determine, subject to the business needs of the Company.

  • Retirement, Welfare and Fringe Benefits During the Period of Employment, the Executive shall be entitled to participate in all employee pension and welfare benefit plans and programs, and fringe benefit plans and programs, made available by the Company to the Company’s employees generally, in accordance with the eligibility and participation provisions of such plans and as such plans or programs may be in effect from time to time.

  • HEALTH AND INSURANCE BENEFITS 22.01 All health and insurance benefit premium costs paid by the Employer shall prorate in accordance with the proration formula under Article 22.12 of this Agreement. Same sex spouse is eligible to be a dependent for insured benefits.

  • Insurance Plans The Executive is eligible to participate in the life, health, dental, short and long-term disability plans made available to the employees of the Company pursuant to the terms and conditions of such plans.

  • Insurance Program An eligible employee may waive rights to participate in either single or family coverage. If an employee waives this benefit, such employee may not revoke the waiver until the next open enrollment period and may be accepted only after medical review by the insurance provider.

  • Medical Plans The Employer will maintain the current health (including vision) and dental insurance programs and practices. For Calendar Years 2022 — 2023, the Employer shall contribute 80% of the premium charge for PPO plans, 85% of premium for the EPO plan, 85% of premium for the IHM plan, 80% for the prescription drug plan and 50% for the dental plan.

  • Health & Welfare Benefits Executive shall be eligible to participate in all health and welfare benefits provided generally to other employees of the Company.

  • Health and Welfare Benefits applies to full-time nurses only)

  • Award and Insurance Benefits Borrower shall cooperate with Lender in obtaining for Lender the benefits of any Awards or Insurance Proceeds lawfully or equitably payable in connection with the Property, and Lender shall be reimbursed for any expenses incurred in connection therewith (including attorneys’ fees and disbursements, and the payment by Borrower of the expense of an appraisal on behalf of Lender in case of Casualty or Condemnation affecting the Property or any part thereof) out of such Insurance Proceeds.

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