Consolidated Benefits Program Sample Clauses

The Consolidated Benefits Program clause establishes a unified framework for providing employee benefits, such as health insurance, retirement plans, and other welfare programs, under a single, coordinated plan. This clause typically outlines how various benefits are grouped together, eligibility requirements, and the administration of these benefits, ensuring that employees receive a comprehensive package rather than separate, uncoordinated offerings. By consolidating benefits, the clause streamlines administration, reduces redundancy, and ensures consistency in the delivery of employee benefits, ultimately simplifying management for the employer and enhancing clarity for employees.
Consolidated Benefits Program. A. CONSOLIDATED BENEFITS (CoBen) PROGRAM DESCRIPTION ▇. ▇▇▇▇▇ Allowance Amounts (1) Effective July 1, 2001 through December 31, 2001, the State agrees to pay the following contribution for consolidated benefits allowance amounts. The allowance amounts are based on the Health Benefits party codes in a health plan administered or approved by CalPERS. The State agrees to contribute the following: (a) The State shall contribute $222 per month for coverage on an eligible employee. (Party code one) (b) The State shall contribute $427 per month for coverage on an eligible employee plus one dependent. (Party code two) (c) The State shall contribute $563 per month for coverage on an employee plus two or more dependents. (Party code three) (2) Effective January 1, 2002 through December 31, 2002, the State agrees to pay the following contribution for consolidated benefits allowance amounts. The allowance amounts are based on the Health Benefit party codes in a health plan administered or approved by CalPERS. The State agrees to contribute the following: (a) The State shall contribute $230 per month for coverage on an eligible employee. (Party code one) (b) The State shall contribute $443 per month for coverage on an eligible employee plus one dependent. (Party code two) (c) The State shall contribute $584 per month for coverage on an eligible employee plus two or more dependents. (Party code three) (3) Effective January 1, 2003, the State agrees to pay the following contribution for consolidated benefits allowance amounts. The allowance amounts are based on the Health Benefit party codes in a health plan administered or approved by CalPERS. The State agrees to contribute the following: (a) The State shall contribute $230 per month for coverage on an eligible employee (Party code one), plus 2/3 of the January 1, 2003 CalPERS HMO, single-party (employee only) weighted average premium increase. (b) The State shall contribute $443 per month for coverage on an eligible employee plus one dependent (Party code two), plus 2/3 of the January 1, 2003 CalPERS HMO, two-party (employee plus one dependent) weighted average premium increase. (c) The State shall contribute $584 per month for coverage on an eligible employee plus two or more dependents (Party code three), plus 2/3 of the January 1, 2003 CalPERS HMO, family (employee plus two or more dependents) weighted average premium increase. When an employee is appointed to a new position or class that results in a change in elig...
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Consolidated Benefits Program 
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Related to Consolidated Benefits Program

  • Accrued Benefit 1.05 1.16 Nonforfeitable ............................................. 1.05 1.17 Plan Year/Limitation Year .................................. 1.05 1.18 Effective Date ............................................. 1.05 1.19 Plan Entry Date ............................................ 1.05 1.20

  • Designated Beneficiary The individual who is designated as the Beneficiary under the Plan in accordance with Section 401(a)(9) of the Code and the regulations thereunder.

  • Covered Benefits Benefits for Bone Mass Measurement for the prevention, diagnosis, and treatment of osteoporosis are covered when requested by a Health Care Provider for a Qualified Individual.

  • Special Parental Allowance for Totally Disabled Employees (a) An employee who: (i) fails to satisfy the eligibility requirement specified in subparagraph 17.05(a)(ii) solely because a concurrent entitlement to benefits under the Disability Insurance (DI) Plan, the Long-term Disability (LTD) Insurance portion of the Public Service Management Insurance Plan (PSMIP) or via the Government Employees Compensation Act prevents the employee from receiving Employment Insurance or Québec Parental Insurance Plan benefits, and (ii) has satisfied all of the other eligibility criteria specified in paragraph 17.05(a), other than those specified in sections (A) and (B) of subparagraph 17.05(a)(iii), shall be paid, in respect of each week of benefits under the parental allowance not received for the reason described in subparagraph (i), the difference between ninety-three per cent (93%) of the employee's rate of pay and the gross amount of his or her weekly disability benefit under the DI Plan, the LTD Plan or via the Government Employees Compensation Act. (b) An employee shall be paid an allowance under this clause and under clause 17.05 for a combined period of no more than the number of weeks during which the employee would have been eligible for parental, paternity or adoption benefits under the Employment Insurance or Québec Parental Insurance Plan, had the employee not been disqualified from Employment Insurance or Québec Parental Insurance Plan benefits for the reasons described in subparagraph (a)(i).

  • Defined Benefit Pension Plans The Borrower will not adopt, create, assume or become a party to any defined benefit pension plan, unless disclosed to the Lender pursuant to Section 5.10.