Group Health Benefits. Regardless of whether the Executive or his eligible qualified beneficiaries actually elect COBRA continuation coverage under the Bank's group health plan, the Executive shall be entitled to a lump-sum payment equal to the full COBRA premium amount (determined as of the Termination Date) for eighteen (18) months of continued group health plan coverage (as in place as of the Termination Date) for the Executive, his spouse and eligible dependents. Such payment shall be made as soon as administratively practicable following the Executive's termination of employment, but in no event later than two and one-half (2 1/2) months after the date his employment ends. In addition, if the Executive or his eligible qualified beneficiaries have elected COBRA continuation coverage under the Bank's group health plan and any one of them becomes eligible for COBRA continuation coverage beyond the initial 18-month period due to a second qualifying event, the Executive shall be entitled to a lump-sum payment equal to the full COBRA premium amount (determined as of the date of such second qualifying event) for the additional period of continuation coverage (up to a maximum of an additional 18 months of continuation coverage). This additional lump sum payment for the second qualifying event coverage shall be made as soon as administratively practicable following the Executive's providing written notice to the Bank of the second qualifying event, but no later than two and one-half (2 1/2) months after the date of such second qualifying event. The severance pay provided for herein shall be in lieu of any and all other payments, bonuses or other compensation to which the Executive may have been entitled under any severance plan, policy or payroll practice of the Bank.
Group Health Benefits. Executive shall be entitled to participate in Employer’s medical, dental, vision, and any other group health benefit programs during the Salary Continuation Period on the same terms as [he/she] participated immediately prior to the Termination Date. The last day of the Salary Continuation Period will constitute the date of Executive’s “termination of employment” and [his/her] participation in those programs will terminate in accordance with their respective terms. If during the Salary Continuation Period, Executive becomes re-employed with another employer and he and his dependents are eligible to receive any of the benefits referenced in the Section 3(f) under another employer’s plans, Employer’s obligations under this Section 3(f) shall be reduced to the extent comparable coverage or benefits are actually received by Executive following Executive’s termination by Employer, and Executive shall promptly report to Employer any such coverage or benefits actually received by Executive.
Group Health Benefits. 9.4.1 The Executive shall participate in the NAEPI benefit plan (premiums paid by NAEPI) as described in Schedule 3 of this Agreement, and as amended from time to time.
Group Health Benefits. Section 25.1 Health Insurance It shall be the policy of the City of Batavia to provide hospitalization, major medical, and dental coverage for all employees. The employee’s contribution to the costs of the single coverage premium shall not exceed fifteen percent (15%). The employee’s contribution to the costs of the single plus one dependent and family coverage premium shall not exceed thirty percent (30%). Any changes in benefits during the term of this contract shall be subject to impasse bargaining and arbitration pursuant to Sections 4 and 14 respectively of IPLRA.
Group Health Benefits. Section 1: Employees Covered It shall be the policy of the Employer to provide hospitalization, major medical, dental coverage for employees who work an average of 20 hours per week or greater. Employees working an average of 35 hours or more per week shall be eligible for single or dependent coverage and a term life benefit. Employees who work at least an average of 20 hours per week, but less than 35 hours per week shall be eligible for single coverage only.
Group Health Benefits. If Executive elects to continue group health benefits coverage in accordance with the COBRA coverage continuation requirements, Viewlocity will pay the full cost of the COBRA coverage premiums during the time period beginning on the Termination Date and ending on the earlier of the last day of the 7-month period following the Termination Date or the date such COBRA coverage terminates.
Group Health Benefits. 20.1 Municipal Pension Plan All regular employees appointed to permanent positions and who have completed their probationary period and who are employed for a minimum of twenty (20) hours per week, shall participate in the Municipal Pension Plan. Employees who are ineligible to make contributions under the Municipal Pension Plan shall be exempted from its provisions, except as otherwise provided for in Article 16— Retirement Pay.
Group Health Benefits. The Company and the Union agree that all employees will join the Group Benefits plan provided by the Company. No changes to these benefits can occur unless mutually agreed to between the Company and the Union.The cost of the benefits (invoices received from the Insurer) will be shared on a 50/50% basis between the employee and the Company.
Group Health Benefits a. A full-time teacher is eligible to receive group health benefits provided by the benefit plans of the Corporation. Those employed as of December 31, 2011 may continue in the current PPO plan (the “Buy-Up Plan”). The Buy- Up Plan will end on December 31, 2024. Those employed after December 31, 2011 may enroll in the corporation’s revised PPO plan (the “Core Plan”) or in the Corporation’s High Deductible Health Plan (the “High Deductible Plan”). The Corporation shall pay 80% of the cost of the Core Plan. The balance of any cost shall be paid by the employee.
Group Health Benefits. The Company will not affiliate the employee to a group health plan. In the event that the employee chooses to affiliate himself and/or affiliate a member of his family to a group health plan, the payment of contributions thereto is the sole responsibility of the employee.
