Common use of Benefits for Early Retirees Clause in Contracts

Benefits for Early Retirees. The Employer agrees to make available to retirees (as defined by XXXXX, age 55 to 65 or OMERS Disability to age 65 ) subject to any restrictions or regulations of the carriers, with group life insurance in the amount of $5,000, supplementary medical benefits and semi-private hospital accommodation [based on the plan described in Clause 19.01 (a)] and a dental plan [based on the plan described in Clause 19.01 (c)]. The Employer's only contribution will be administration. The retired employee shall be responsible for 100% of the premium cost for the plans.

Appears in 2 contracts

Samples: Agreement, Agreement

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Benefits for Early Retirees. The Employer agrees to make available to retirees (as defined by XXXXXOMERS, age 55 to 65 or OMERS Disability to age 65 ) subject to any restrictions or regulations of the carriers, with group life insurance in the amount of $5,000, supplementary medical benefits and semi-private hospital accommodation [based on the plan described in Clause 19.01 (a)] and a dental plan [based on the plan described in Clause 19.01 (c)]. The Employer's only contribution will be administration. The retired employee shall be responsible for 100% of the premium cost for the plans.

Appears in 2 contracts

Samples: Agreement, Agreement

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