Common use of Benefits Protection and Employment Clause in Contracts

Benefits Protection and Employment. Team members on extended military leave will have all accrued and unused PTO and holiday time paid out to them at the beginning of their leave. Human Resources will collect any applicable insurance premiums from the team member. Medical coverage will continue for the team member for up to 30 days at the active team member rate providing the team member elects to continue coverage and pays his/her portion of the premium. Team members have the option to continue with HMH's health insurance at their expense after 30 days on leave at 100 percent of the full cost for up to 24 months. However, their military medical benefits become effective on the date of deployment or enlistment. Team members are responsible to contact vendors directly for any voluntary benefits while out on a military leave of absence. Time spent on Leave of Absence is counted in determining years of service recognition. Military Leave of Absence will not constitute a break in service for purposes in the Pension Plan. Life Insurance and Accidental Death & Dismemberment coverage will terminate following 12 months leave of absence or on the date the team member enters active military duty in any armed service during a time of war (declared or undeclared). Guidelines on performance evaluation eligibility while on a qualified leave of absence can be found in the Performance Management Policy.

Appears in 5 contracts

Samples: Representing Service and Maintenance Palisades Medical Center, Agreement, Table of Contents

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.