Welfare and Pension Benefits. Subject to and in accordance with the terms and conditions of the applicable plan, program or policy, the Executive shall be eligible to participate in all welfare and pension benefit programs made available to senior executives of the Company generally; including without limitation, the Company's group insurance program, including life, accidental death and dismemberment, disability, hospitalization, dental and health benefits and 401k and other retirement programs generally. Nothing contained herein shall obligate the Company to adopt, maintain or continue any particular welfare and/or pension benefit program.
Welfare and Pension Benefits. A. The employer agrees to provide employees and their dependents with health insurance coverage which provides a comparable overall level of benefits as those being provided at the time of the effective date of this contract.
B. The Employer agrees to provide life insurance, and accidental death and dismemberment insurance for employees; and major medical benefits for employees and dependents in accordance with the following schedule of benefits, which shall be in effect for all Borough employees: SCHEDULE OF BENEFITS The amount of insurance for an insured employee shall be in accordance with the following schedule of benefits:
Welfare and Pension Benefits. During the Secondment Period, Transocean shall continue to provide, or cause to be provided, to each Seconded Employee all benefits currently provided by Transocean to such employees, without increase or decrease in the level of benefits provided except such increases or decreases as are generally applicable to similarly situated employees of Transocean. To the extent required by the applicable plans, Transocean or its insurers shall be responsible for all claims incurred prior to or during the Secondment Period under any benefit program maintained by Transocean to provide medical, dental, life and disability insurance coverage for the Seconded Employees employed by Transocean and their eligible dependents.
Welfare and Pension Benefits. The Company shall provide Executive during the term of his employment hereunder with coverage under all employee pension and welfare benefit programs, plans and practices in accordance with the terms thereof, which the Company generally makes available to its senior executives; provided, however, that the Company shall reimburse Executive for the cost of COBRA continuation coverage (elected by Executive under his prior employer's group health plan) during the first 30 days of the Employment Term (after which time Executive will be eligible for coverage under the Company's medical plan pursuant to this Section 6(a)).
Welfare and Pension Benefits. Section I. The Employer agrees to provide life insurance for each employee in an amount equal to said Employee's pay.
Welfare and Pension Benefits. Section 1. The Township agrees to provide employees with basic and major medical and hospitalization and prescription coverage as set forth in this article. Vision and dental coverages shall be equal to those in effect on March 11, 2004.
Welfare and Pension Benefits. Section 1. The Employer agrees to provide and cover all employees within the bargaining unit, including their dependents, with Blue Cross, Blue Shield, Rider J and Major Medical Insurance, or its equivalent, in accordance with its present practice and to pay for same.
Section 2. Payment of a Life Insurance Policy is based upon present practice and policy.
Section 3. The Employer agrees to provide all bargaining members and their dependents with a Prepaid Prescription Plan and an Optical Plan. Section 3(b). If any employee is on workers compensation, he will be paid full pay for one (1) year and the employee shall turn the compensation check back to the Township.
Welfare and Pension Benefits. The PRESIDENT shall be entitled to participate in the insurance, retirement, and other employee benefit programs to the same extent and in the same manner as all executive management employees of the BOARD, subject to the laws and regulations of the State of Florida and policies adopted by the BOARD. The PRESIDENT shall be entitled to receive the following additional benefits:
Welfare and Pension Benefits. Section 1. The Borough shall continue to provide health benefits for all employees of the Bargaining Unit and eligible dependents with full premium paid by the Borough, through the New Jersey State Health Benefits Program and dental benefits as per Article 23, Section 4. If the Borough elects to change insurance carriers or plans to be self-insured, the new benefits provided shall be equal to or better than the benefits set forth herein. Said benefits, including dental benefits as set forth below, shall apply to eligible retirees and their dependants as set forth in Section 6 below. Retiree survivor benefits shall be provided only to the employee’s spouse and dependants at the time of retirement.
Section 2. The Borough shall continue contributions to the Public Employees Retirement Program according to State regulations.
Section 3. The Borough shall continue to provide disability income insurance covering employees for a period of up to six (6) months at full pay.
Section 4. Until April 1, 2008, the Borough agrees to contribute nine ($9.00) per week for each employee in the bargaining unit to the Teamster Local 11 Benefit Fund to provide dental benefits to employees and their eligible dependents. The Fund is to be administered in accordance with the Teamster Local
Welfare and Pension Benefits. The Company shall provide Executive during the term of his employment hereunder with coverage under all then existing employee pension and welfare benefit programs, plans and practices (including but not limited to life, medical, dental, health, accident, and disability insurance; deferred compensation; 401(k); financial planning, tax planning and preparation; legal service plans; matching gift plans), in accordance with the terms thereof, that the Company generally makes available to its most senior executives;
