Benefit Commencement Sample Clauses

Benefit Commencement. 1st day of disability for accident 8th consecutive day of disability for sickness If you must be hospitalized because of an accident or sickness, benefit payments will begin as of the date you’re confined in a legally licensed hospital as an in-patient for at least 24 hours. Maximum Benefit Period: 33 weeks Definition of "totally disabled" in respect of the STD benefit: You must be unable to perform the essential duties of your own occupation. Availability of your own occupation is not relevant when assessing disability from your own occupation. Tax Status of this Short Term Disability (S.T.D.) plan: According to information provided by your Group Plan Administrator and our current records, your S.T.D. benefit payments are taxable income to you and we will provide you with a T4A for the current tax year. Any dispute regarding the taxation of your benefits shall be governed by applicable legislation and decisions of tax authorities. Please contact your Group Plan Administrator or your tax advisor if you have any questions or concerns. EMPLOYEE AND DEPENDENT HEALTH BENEFITS Deductible Amount per prescription for the Drug Plan: nil Deductible Amount per calendar year for all other benefits: nil Reimbursement Percentage: Drug Plan: 80% Major Services: 80% Hospital Services: 80% Vision Care Services: 80% Benefits: Pay-Direct Drug Plan #84G Note: This is a Generic Drug Plan and the maximum that will be eligible is an amount equal to the lowest priced alternative drug in accordance with Equitable Life of Canada’s adjudication practices at the time of claim, except where the physician or dentist indicates on the prescription “no substitution”. An alternative drug includes but is not limited to:
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Benefit Commencement. Accident - First (1st) day of disability. Sickness - First (1st) day of disability if hospitalized, or receiving out-patient care. For weekend workers the first day of disability if hospitalized, or receiving out-patient care, or the third shift of disability if not hospitalized or receiving out-patient care. - Eligibility for Weekly Indemnity on grounds of sickness will be the fourth (4th) day of disability. BENEFIT DURATION Maximum benefit period seventeen (17) weeks.
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Benefit Commencement. First (1st) day after seventeen (17) week Weekly Indemnity period. BENEFIT DURATION Benefits are payable from the first (1st) day of disability and continue for a maximum of five (5) years, inclusive of Weekly Indemnity. The amount of the monthly benefit payable to an employee will be reduced by any benefit the employee is eligible to receive through the Canada/Quebec Pension Plan (excluding Dependent Benefits and/or Worker's Compensation Benefits). The qualifications for limited eligibility will be the same as those for Weekly Indemnity.
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Benefit Commencement. Date shall mean the first business day of the calendar month following the earliest of (i) Executive’s Separation from Service or (iii) Executive’s death.
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Benefit Commencement. Anything herein to the contrary notwithstanding, a Participant's benefit payments shall commence not later than the April 1 following the calendar year in which the Participant attains age 70-1/2 years, regardless of his employment status. If the Participant fails to file an application with the Trustees, his benefits will commence in accordance with procedures adopted by the Trustees. Notwithstanding any other provision of the Plan to the contrary, the Plan will apply the regulations concerning the minimum distribution requirements of Code Section 401(a)(9) that were proposed in 1987 with respect to distributions made for Plan Years beginning before January 1, 2003, and will apply the final regulations under Code Section 401(a)(9) with respect to distributions made for Plan Years beginning on or after January 1, 2003. All distributions under the Plan will meet the requirements of Treas. Reg. 1.401(a)(9)-2 through 1.401(a)(9)-9, including the incidental benefit requirements of Section 401(a)(9)(G) of the Code.
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Benefit Commencement. The Benefit payable under this SERP Agreement shall commence following (i) retirement of the Participant on or after December 31, 2005, (ii) termination of the Participant's employment with the Company pursuant to Section 7.4.1 of the Employment Agreement dated as of June 14, 1999 between the Participant and the Company (the "Employment Agreement"), (iii) payment by the Company to the Participant of damages for a material breach by the Company of the Change-in-Control Agreement referenced in Section 9.1 of the Employment Agreement (the "Change-in-Control Agreement"), (iv) termination of the Participant's employment pursuant to Section 7.2 of the Employment Agreement or (v) the Participant's death after attaining age 55 but before benefits commence hereunder. In no event will benefits commence prior to the first day of the month following the end of the Continuation Period (as defined in the Employment Agreement) if any. The Benefit payable under this SERP Agreement shall be payable to the Participant and, if applicable, to his spouse or beneficiary after his death.
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Benefit Commencement. Accident: 1st day
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Benefit Commencement day of disability. Maximum Period To age (65) or prior to Offset HEALTH BEN amount Nil Prescribed Plan: Reimbursement One hundred percent (100%) Major service including travel assist (subject to change) Reimbursement Percentage One hundred percent (100%) Vision Care Maximum one hundred and fifty dollars twenty-four (24) months Private Reimbursement Percentage One hundred percent DENTAL Deductible amount Nil A Service. & Reimbursement percentage One hundred (100%) Annual maximum One thousand dollars Reimbursement percentage percent (50%) Annual maximum One thousand dollars ($7,000.00)
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Related to Benefit Commencement

  • Benefit Coverage The Company agrees to provide pension and welfare benefits as described in the Company Booklets, benefit plan documents or policies of insurance for the duration of the Agreement.

  • Disability Separation A. An employee with permanent status may be separated from service when the Employer determines that the employee is unable to perform the essential functions of the employee’s position due to a mental, sensory, or physical disability, which cannot be reasonably accommodated. Determinations of disability may be made by the Employer based on an employee’s written request for disability separation or after obtaining a written statement from a licensed physician or licensed mental health professional. The Employer can require an employee to obtain a medical examination, at Employer expense, from a licensed physician or licensed mental health professional of the Employer’s choice. Evidence may be requested from the licensed physician or licensed mental health professional regarding the employee’s limitations.

  • Parental and Adoption Leave Allowance (a) A Nurse entitled to parental or adoption leave under the provisions of this Agreement, who provides the Employer with proof that she/he has applied for and is eligible to receive employment insurance (E. I.) benefits pursuant to the Employment Insurance Act, 1996, shall be paid an allowance in accordance with the Supplementary Employment Benefit (S.E.B.) Plan.

  • Maternity Leave Allowance (a) An employee who qualifies for maternity leave pursuant to Clause 26.01, shall be paid a maternity leave allowance in accordance with the Supplemental Unemployment Benefit (SUB) Plan, as set out in Letter of Understanding #1. In order to receive this allowance, the employee must provide to the Employer proof that the employee has applied for and is eligible to receive employment insurance benefits pursuant to the Employment Insurance Act. An employee disentitled or disqualified from receiving employment insurance benefits is not eligible for maternity leave allowance.

  • Effective Date of Benefit Termination Medical, dental and life coverage termination will take effect on the first of the month following the loss of eligible employee or dependent status. Disability benefit coverage terminations will take effect on the day following loss of eligible employee status.

  • Benefit Eligibility For purposes of the Benefit Plan entitlement, common-law and same sex relationships will apply as defined.

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

  • Long Term Disability Benefit In the event an employee, while covered under this plan, becomes totally disabled as a result of an accident or a sickness, then, after the employee has been totally disabled for seven (7) months, including periods approved in Section 1.3(a) and (c), he/she shall be eligible to receive a monthly benefit as follows:

  • Incentive, Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with incentive opportunities (measured with respect to both regular and special incentive opportunities, to the extent, if any, that such distinction is applicable), savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies and programs as in effect at any time during the 120-day period immediately preceding the Effective Date or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

  • Benefit Continuation You and your then eligible dependents shall continue to be covered by and participate in the group health and dental care plans (collectively, “Health Plans”) of the Company (at the Company’s cost) in which you participated, or were eligible to participate, immediately prior to the Date of Termination through the end of the Benefit Continuation Period; provided, however, that any medical or dental welfare benefit otherwise receivable by you hereunder shall be reduced to the extent that you become covered under a group health or dental care plan providing comparable medical and health benefits. You shall be eligible to participate in such Health Plans on terms that are at least as favorable as those in effect immediately prior to the Date of Termination. However, in the event that the terms of the Company’s Health Plans do not permit you to participate in those plans (other than pursuant to an election under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”)), in lieu of your and your eligible dependent’s coverage and participation under the Company’s Health Plans, the Company shall pay to you within fifteen (15) calendar days after the effective date of the Waiver and Release a lump sum equal to two (2) times your monthly COBRA premium amount for the number of months remaining in the Benefit Continuation Period. In addition, for the purposes of coverage under COBRA, your COBRA event date will be the date of loss of coverage described in this paragraph above.

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