Common use of Benefit Sharing Clause in Contracts

Benefit Sharing. Part-time employees shall be entitled to enroll in those employee benefits provided in Articles B.11.2 and B.11.3. Benefit premiums for such employees will be shared on the following basis: Portion of Time Worked (Full-time = 1.0) Employee's Share of Premiums Board's Share of Premiums 0.1 86.5% 13.5% 0.2 73.5% 26.5% 0.3 60.0% 40.0% 0.4 46.5% 53.5% 0.5 33.5% 66.5% 0.6 to 0.9 20.0% 80.0%

Appears in 3 contracts

Samples: Collective Agreement, Provincial Collective Agreement, Provincial Collective Agreement

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Benefit Sharing. Part-time employees shall be entitled to enroll enrol in those employee benefits provided in Articles B.11.2 52 and B.11.353. Benefit premiums for such employees will be shared on the following basis: Portion of Time Worked (Full-time = 1.0) Employee's ’s Share of Premiums Board's ’s Share of Premiums 0.1 86.5% 13.5% 0.2 73.5% 26.5% 0.3 60.060 % 40.040 % 0.4 46.5% 53.5% 0.5 33.5% 66.5% 0.6 to 0.9 20.020 % 80.0%80 % 6.50 PROFESSIONAL DEVELOPMENT/IN-SERVICE

Appears in 1 contract

Samples: Agreement

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