Welfare Benefits definition

Welfare Benefits means the types of benefits described in Section 3(1) of ERISA (whether or not covered by ERISA).
Welfare Benefits means medical, prescription, dental, disability, employee life, group life, accidental death, and travel accident insurance (whether funded by insurance policy or self-insured by the Company or any Subsidiary) provided or arranged by the Company or any Subsidiary to be provided to its employees.
Welfare Benefits means benefits providing for coverage or payment in the event of Executive’s death, disability, illness or injury that were provided to Executive immediately before a Change in Control, whether taxable or non-taxable and whether funded through insurance or otherwise, including without limitation all life and health insurance coverage.

Examples of Welfare Benefits in a sentence

  • OPTIONAL HEALTH AND WELFARE BENEFITS The Employer agrees to continue to allow employees the opportunity to select additional coverage’s to the Health and Welfare Package described in Article of the Collective Agreement.

  • The following fringe benefits are treated as direct costs: WORKERS COMPENSATION, HEALTH AND WELFARE BENEFITS, UNEMPLOYMENT INSURANCE, DISABILITY HEALTH INSURANCE, RETIREMENT PLANS, AND ACCRUED COMPENSATED ABSENCES.


More Definitions of Welfare Benefits

Welfare Benefits means Employee Benefits that are provided under any “welfare plan” (within the meaning of Section 3(1) of ERISA) of the Company, and fringe benefits and other perquisites of employment, such as car allowances, club dues, financial planning and product discounts.
Welfare Benefits has the meaning set forth in Section 7.
Welfare Benefits means Employee Benefits that are provided under any “welfare plan” (within the meaning of Section 3(1) of ERISA) of the Company.
Welfare Benefits has the meaning set forth in Section 5.5(c).
Welfare Benefits means the Black Hills Corporation Medical and Dental Plan, the Black Hills Corporation Flexible Benefit Plan, and the Black Hills Corporation Employee Life and Long-Term Disability Plan as the plans and the terms and conditions thereof exist on the day prior to the Effective Date.
Welfare Benefits has the meaning specified in Section 10(c).
Welfare Benefits shall include, without limitation, all life, dental, health, accident and disability benefit plans, other similar welfare plans, and any equivalent successor policy, plan, program or arrangement that may now exist or be adopted hereafter by the Company or a Subsidiary. Notwithstanding the foregoing, with respect to any Welfare Benefits provided through an insurance policy, the Company's obligation to provide such Welfare Benefits following a Change in Control shall be limited by the terms of such policy; provided, however, that (i) the company shall make reasonable efforts to amend such policy to provide the continued coverage described in this Section 2(a) and (ii) if such policy is not amended to provide the continued benefits described in this Section 2(a), the Company shall pay Executive's cost of comparable replacement coverage.