Benefit Costs. Covers reimbursement for the fully loaded benefit costs associated with direct wages, which represents the actual benefit load attributable to the respective employees.
Benefit Costs. The Board, upon request by the Association, agrees to furnish the estimated cost to the Board, in the current fiscal year, of benefits paid on behalf of teachers such as: dental plan, group life insurance, medical services plan, extended health plan, educational leave plan, course fee assistance, group disability salary continuance plan and employee assistance plan.
Benefit Costs. If an employee's net monthly earnings are less than the employee's share of benefit costs, the employee will be expected to pay the difference in order to qualify for the Employer's matching contribution.
Benefit Costs. In light of the Employer’s desire to contain benefit costs in the future as well as the parties mutual interest in sustaining a fair and competitive level of benefits, the parties agree to meet during the life of the agreement to discuss ways of containing and reducing benefit costs. Where the parties can identify by mutual agreement cost savings, the Employer agrees to re-invest fifty percent (50%) of the savings into new and/or modified benefit provisions. DATED AT Kitchener, THIS DAY OF , 2008. (For the Employer) (For the Union) LETTER OF AGREEMENT #8 between The RECORD (hereinafter known as “the Employer”) and CEP LOCAL 87-M SOUTHERN ONTARIO NEWSMEDIA GUILD (hereinafter known as “the Union”)
Benefit Costs. In light of the Employer’s desire to contain benefit costs in the future as well as the parties mutual interest in sustaining a fair and competitive level of benefits, the parties agree to meet during the life of the agreement to discuss ways of containing and reducing benefit costs. Where the parties can identify by mutual agreement cost savings, the Employer agrees to re-invest fifty percent (50%) of the savings into new and/or modified benefit provisions. DATED AT Kitchener, THIS DAY OF , 2012. (For the Employer) (For the Union) LETTER OF AGREEMENT #7 between The Waterloo Region Record, A division of Metroland Media Group Ltd. (hereinafter known as “the Employer”) and CEP LOCAL 87-M SOUTHERN ONTARIO NEWSMEDIA GUILD (hereinafter known as “the Union”) Re: Parking Where employees require a vehicle as a condition of employment, the Employer will provide paid parking. The Employer will agree to pay 50% of the cost of parking for all employees not currently provided with paid parking. This must be done through payroll deduction under the current parking arrangement in the parking facilities in the downtown area. DATED AT Kitchener, THIS DAY OF , 2012. (For the Employer) (For the Union) LETTER OF AGREEMENT #8 between The Waterloo Region Record, A division of Metroland Media Group Ltd. (hereinafter known as “the Employer”) and CEP LOCAL 87-M SOUTHERN ONTARIO NEWSMEDIA GUILD (hereinafter known as “the Union”) Re: Co-op Student Placement This will confirm our discussions during negotiations wherein the Waterloo Region Record indicated that where co-op students are placed at the Waterloo Region Record as part of their educational requirements, they will be:
Benefit Costs. In light of the Employer’s desire to contain benefit costs in the future as well as the parties mutual interest in sustaining a fair and competitive level of benefits, the parties agree to meet during the life of the agreement to discuss ways of containing and reducing benefit costs. Where the parties can identify by mutual agreement cost savings, the Employer agrees to re-invest fifty percent (50%) of the savings into new and/or modified benefit provisions. RE-SIGNED, THIS 28th DAY OF August 2020. 8/28/2020 | 4:24 PM EDT 8/28/2020 | 1:13 PM PDT (For the Employer) (For the Union) LETTER OF AGREEMENT #7 between The Waterloo Region Record, A division of Metroland Media Group Ltd. (hereinafter known as “the Employer”) and UNIFOR LOCAL 87-M (hereinafter known as “the Union”) Re: Ad Builder Temporary Assignment Employees in the Ad Builders classification temporarily assigned for one (1) hour or more to a Layout Technician classification in the Advertising collective agreement shall maintain their place on the wage scale of the higher classification of the work being done. Ie. an Ad Builder at the top rate will be paid at the top rate of the Layout Technician classification. Where in the opinion of the Employer, two (2) or more employees have relatively equal skill and ability, the employee with the most seniority will be selected for the temporary assignment. RE-SIGNED, THIS 28th DAY OF August 2020. 8/28/2020 | 4:24 PM EDT 8/28/2020 | 1:13 PM PDT (For the Employer) (For the Union) LETTER OF AGREEMENT #8 between The Waterloo Region Record, A division of Metroland Media Group Ltd. (hereinafter known as “the Employer”) and UNIFOR LOCAL 87-M (hereinafter known as “the Union”) Re: Vacation Entitlement/Retirement Allowance for Employees Eligible for the Deferred Compensation Arrangement New employees hired September 17, 2007 or after, will not have access to retiree benefits. RE-SIGNED, THIS 28th DAY OF August 2020. 8/28/2020 | 4:24 PM EDT 8/28/2020 | 1:13 PM PDT (For the Employer) (For the Union) LETTER OF AGREEMENT #9 NEW between The Waterloo Region Record, A division of Metroland Media Group Ltd. (hereinafter known as “the Employer”) and UNIFOR LOCAL 87-M (hereinafter known as “the Union”)
Benefit Costs. Benefit costs continue to rise (especially over the past five years); due in large part to increasing health care and defined benefit pension plan costs. Exhibit 1 shows the change in benefit costs and funding methods over the past 10 years. Exhibit 1 Medical Plan Funding Prevalence and Average Cost Compared with Previous Survey Results 2005 2000 1995 Medical Plan Funding Method Self-Insured or Minimum Premium Fully Insured Combination Average Premium Cost Basic Group Life (Per $1,000 of Coverage) Long Term Disability (Per $100 of Monthly Benefit) Medical (prevalent plan) — Employee Coverage — Family Coverage Fee-for-Service — Employee Coverage — Family Coverage PPO — Employee Coverage — Family Coverage HMO — Employee Coverage — Family Coverage POS — Employee Coverage — Family Coverage Dental — Employee Coverage — Family Coverage Age 65 or Over Retiree Medical — Employee Coverage Average Employer Cost as a Percent of Payroll Statutory Benefits Active Employee Health Care Benefits Retiree Health Care Benefits Defined Benefit Pension Capital Accumulation Death Benefits Disability Benefits Other Benefits Total Benefits* *The sum of the component average costs does not equal the total benefits average cost because not all participants have or pay for all types of benefits categories. In 2005, Preferred Provider Organization (PPO) plans have the highest average premiums for single and family coverage. Point-of-Service (POS) plans have the next highest average premiums, followed by Fee-for-Service (FFS) and Health Maintenance Organization (HMO) plans. 2005 represents the seventh year of a notable increase in average medical premiums. For organizations reporting in both 2004 and 2005 (“same company” analysis), primary plan (the plan covering the most employees) premiums rose 10.0% for single coverage and 8.9% for family coverage. In the past year, average age 65 and over retiree medical premiums increased 7.7%, while average dental premiums increased 3.7% for employee coverage and 5% for family coverage. Health Care The prevalence of completely employer-paid coverage continues to rapidly decline with 14% providing 100% employer-paid premiums in 2005 for single coverage and 6% for family coverage compared to 29% and 11% in 2000, and 32% and 15% in 1995. Exhibit 2 shows employees’ contribution for single coverage to the prevalent medical plan in 2005. Exhibit 2 Employees' Contribution for Employee Medical Coverage Percent of Industrial Financial Service Health Care...
Benefit Costs. The parties agree that the per employee premium cost to the Company of the combined Life, ADD, Major Medical, Vision, Dental, Weekly Indemnity and Long Term Disability benefits should not exceed levels. Accordingly, the parties agree to the creation of a Joint Committee which will meet in November of each year following notification of the intended premiums to be charged in the following year. Such Committee will be charged with the responsibility of ensuring that the premium levels payable by the Company in the ensuing year do not exceed the aggregate premiums. The Committee will determine which changes are required to any of the benefit plans, including, but not limited to, altering the method of delivery of the benefit, creating or altering deductibles, second payer, or co-insurance to accomplish its goal. It is agreed that the committee will not have the ability to reduce current benefit coverage levels, for example, amount of life insurance, percentage of WI payment, dental or major medical maxima, etc.
Benefit Costs. In light of the Employer’s desire to contain benefit costs in the future as well as the parties mutual interest in sustaining a fair and competitive level of benefits, the parties agree to meet during the life of the agreement to discuss ways of containing and reducing benefit costs. Where the parties can identify by mutual agreement cost savings, the Employer agrees to re- invest fifty percent (50%) of the savings into new and/or modified benefit provisions. RE-SIGNED ON THIS 28 DAY OF August 2020 10/22/2020 | 10:58 AM EDT 10/22/2020 |
Benefit Costs. During negotiations the Company expressed its significant concerns with respect to the continuously spiralling trend of a number of the extended healthcare benefit items. The Union recognizes and agrees that in the event the Company continues to experience a spiralling trend in costs with respect to a number of the extended healthcare benefits, the Company will table the issue for discussion with the Union with the goal of reaching agreement to contain those costs. It is agreed that if an agreement is not reached by the parties within 60 days of the Company tabling the issue for discussion, either party may refer the matter to an arbitrator for a final and binding resolution. Signed at Vancouver this day of , in the year 2012. For Cathay Pacific Airways Limited For Airline Division of C.U.P.E. Xxxxxxx Xxxxxxx Xxxxx Xxxx Manager, Cabin Crew Relations & Bases President Xxxxxxx Xxx Xxxxx Xxxxxxxxx Vice President, Canada First Vice-President Deep Xxxxxxxxx Xxxxx Xxx Cabin Crew Base Manager, Canada Second Vice-President Xxxxxx Xxxx Secretary-Treasurer Xxxxxx Xxxxx Recording Secretary Xxxx Xxx National Representative
