Common use of Benefit Administration Clause in Contracts

Benefit Administration. Subject only to the following provisions, the Employer has the sole responsibility for all aspects of the administration of the health and welfare benefit plans: (1) The Employer shall provide the Union with a minimum of 60 days' notice of any change of carrier providing Group Life coverage. (2) The Employer shall review annually with the Union the status of the Group Life Plan and any surpluses generated by the Plan experience shall be utilized to provide a premium holiday for both Employer and employees in accordance with current cost sharing of premiums unless other arrangements mutually satisfactory to the parties can be reached.

Benefit Administration. Subject only to the following provisionsprovision, the Employer has the sole responsibility for all aspects of the administration of the health and welfare benefit plans: (1) The Employer shall provide the Union with a minimum of 60 sixty (60) days' notice of any change of carrier providing Group Life coverage. (2) The Employer shall review annually with the Union the status of the Group Life Plan and any surpluses generated by the Plan experience shall be utilized to provide a premium holiday for both Employer and employees in accordance with current cost sharing of premiums unless other arrangements mutually satisfactory to the parties can be reached.