Common use of Changes in Benefits Clause in Contracts

Changes in Benefits. The Medical Center shall continue the current or a substantially equivalent level of aggregate benefits existing under the existing program, including the level of premium contributions, for each of the insurance plans referenced in this Section 13.1. In the alternative, in the event that the Medical Center does not maintain a substantially equivalent level of benefits under one of its insurance plans, the Medical Center shall notify the Association of the proposed new level of benefits for the applicable plan, and shall meet with the Association, upon request, to bargain over the proposed changes prior to their implementation. An independent actuary retained by the Medical Center shall determine whether a substantially equivalent level of benefits has been maintained. A request to bargain pursuant to the provisions of this subparagraph shall be treated as a re-opener of the terms of Section 13.1 of this Agreement, and the provisions of Article 15 shall be suspended for a period of sixty (60) days following the request to bargain. In no event shall bargaining unit nurses receive a level of benefits that is less than the level received by a majority of the Medical Center’s non-bargaining unit employees.

Appears in 4 contracts

Samples: Professional Agreement, Professional Agreement, Professional Agreement

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