Common use of Benefits for Early Retirees Clause in Contracts

Benefits for Early Retirees. For employees retiring under the provision of early retirement covered by XXXXX, the Corporation will pay 100% of the premiums for Extended Healthcare and Dental Health. The benefits available under this clause will cease to be available to the employee on attainment of age 65 years. Upon retirement the employee will receive a paid-up life insurance policy of $5,000.00.

Benefits for Early Retirees. For employees retiring under the provision of early retirement covered by XXXXXOMERS, the Corporation will pay 100% of the premiums for Extended Healthcare and Dental Health. The benefits available under this clause will cease to be available to the employee on attainment of age 65 years. Upon retirement the employee will receive a paid-up life insurance policy of $5,000.00.