Common use of Benefits on Early Retirement Clause in Contracts

Benefits on Early Retirement. The Centre will provide equivalent coverage to all employees who retire early and have not yet reached age and who are in receipt of the Centre’s pension plan benefits on the same basis as is provided to active employees for semi-private, extended health care and dental benefits. The Centre will contribute the same portion towards the billed premiums of these benefits plans as is currently contributed by the Centre to the billed premiums of active employees. Change of Carrier Full-Time A copy of all current master policies of the benefits referred to in this article shall be provided to the union. It is understood that the Centre may at any time substitute another carrier for any plan (other than provided the benefits conferred thereby are substantially the same. The Centre shall notify the Union sixty (60) days in advance of making such a substitution to explain the proposed change and to ascertain the views of the employees. Upon a request by the Union, the Centre shall provide to the Union, full specifications of the benefit programs contracted for and in effect for employees covered herein. The participating hospitals and agree that the maintenance of benefits provided for in this collective agreement at the most cost-effective level is an important objective. Accordingly, the parties agree that a joint investigation of a Benefits Trust is worthwhile in order to determine if significant reductions in costs of benefits can be achieved. The parties are committed to: Meet within the first quarter following the ratification of this agreement and every quarter thereafter to determine the following: o The methods by which the investigation will take place. o Identify potential sources of funding for investigation of the benefits Trust. o Identificationof the appropriate method to determine the feasibility of the Trust.

Benefits on Early Retirement. The Centre Hospital will provide equivalent coverage to all employees who retire early and have not yet reached age and who are in receipt of the Centre’s Hospital's pension plan benefits on the same basis as is provided to active employees for semi-private, extended health care and dental benefits. The Centre Hospital will contribute the same portion towards the billed premiums of these benefits plans as is currently contributed by the Centre Hospital to the billed premiums of active employees. Change of Carrier Full-Time A copy of all current master policies of the benefits referred to in this article shall be provided to the union. It is understood that the Centre Hospital may at any time substitute another carrier for any plan (other than provided the benefits conferred thereby are substantially the same. The Centre Hospital shall notify the Union sixty (60) days in advance of making such a substitution to explain the proposed change and to ascertain the views of the employees. Upon a request by the Union, the Centre Hospital shall provide to the Union, full specifications of the benefit programs contracted for and in effect for employees covered herein. The participating hospitals and agree that the maintenance of benefits provided for in this collective agreement at the most cost-effective level is an important objective. Accordingly, the parties agree that a joint investigation of a Benefits Trust is worthwhile in order to determine if significant reductions in costs of benefits can be achieved. The parties are committed to: Meet within the first quarter following the ratification of this agreement and every quarter thereafter to determine the following: o The methods by which the investigation will take place. o place Identify potential sources of funding for investigation of the benefits Trust. o Identificationof Identification of the appropriate method to determine determine,the feasibility of the Trust.

Benefits on Early Retirement. The Centre Hospital will provide equivalent coverage to all employees who retire early and have not yet reached age and who are in receipt of the Centre’s Hospital's pension plan benefits on the same basis as is provided to active employees for semi-private, extended health care and dental benefits. The Centre Hospital will contribute the same portion towards the billed premiums of these benefits plans as is currently contributed by the Centre Hospital to the billed premiums of active employees. Change of Carrier Full-Time A copy of all current master policies of the benefits referred to referredto in this article shall be provided to the union. It is understood that the Centre Hospital may at any time substitute another carrier for any plan (other than provided the benefits conferred thereby conferredthereby are substantially the same. The Centre Hospital shall notify the Union sixty (60) days in advance of making such a substitution to explain the proposed change and to ascertain the views of the employees. Upon a request by the Union, the Centre Hospital shall provide to the Union, full specifications of specificationsof the benefit programs contracted for and in effect for employees covered herein. The participating hospitals and agree that the maintenance of benefits provided for in this collective agreement at the most cost-effective level is an important objective. Accordingly, the parties agree that a joint investigation of a Benefits Trust is worthwhile in order to determine if significant reductions in costs of benefits can be achieved. The parties are committed to: Meet within the first quarter following the ratification of this agreement and every quarter thereafter to determine the following: o The methods by which the investigation will take place. o place Identify potential sources of funding for investigation of the benefits Trust. o Identificationof Identification of the appropriate method to determine the feasibility of the Trust.

Benefits on Early Retirement. The Centre Hospital will provide equivalent coverage to all employees who retire early and have not yet reached age and who are in receipt of the CentreHospital’s pension plan benefits on the same basis as is provided to active employees for semi-private, extended health care and dental benefits. The Centre will Hospital contribute the same portion towards the billed premiums of these benefits plans as is currently contributed by the Centre Hospital to the billed premiums of active employees. Change of Carrier Full-Time A copy of all current master policies of the benefits referred to in this article shall be provided to the unionUnion. It is understood that understoodthat the Centre Employer may at any time substitute another carrier for carrierfor any plan (other than provided the providedthe benefits conferred thereby are substantially the same. The Centre shall notify the Union sixty (60) days in advance of Before making such a substitution to substitution, the Employershall notify the Unionto explain the proposed change and to ascertain the views of the employees. Upon a Upona request by the Union, the Centre shall provide to the Union, full Employershall providethe Unionfull specifications of the benefit programs programmes contracted for and in effect for employees covered herein. The participating hospitals and agree that the maintenance of benefits provided for in this collective agreement at the most cost-effective level is an important objective. Accordingly, the parties agree that a joint investigation of a Benefits Trust is worthwhile in order to determine if significant reductions in costs of benefits can be achieved. The parties are committed to: Meet within meetingwith the first quarter following the ratification of this agreement and every quarter thereafter to determine the following: o The the methods by which the investigation will take place. o Identify place identify potential sources of funding for investigation of the benefits Trust. o Identificationof identificationof the appropriate method to determine the feasibility of the Trust.