Group Insurance Plans Sample Clauses

Group Insurance Plans. 15.01 The Company agrees to provide all full time employees with one (1) or more years of continuous service, a *Short Term Disability Benefit (S.T.D.) as generally described in Section B of a notice to all employees of the amended Benefit Plan dated May 1, 1993. *Payment for Short Term Disability shall begin on the third (3rd) consecutive day of absence. For those employees who have completed ninety (90) days of perfect attendance from the last date of return to work from an absence due to sickness or accident, shall be paid S.T.D. from the first (1st) day for the first covered absence following the ninety (90) days of perfect attendance. First entitlement to paid S.T.D. shall not occur before April 1, 2003. For the first ninety (90) days of 2003, the Company will recognize those employees who have completed one
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Group Insurance Plans. Group insurance benefits are provided to employees based on their classification and work schedule. Employees who are Regular Part or Full time are eligible for the myBenefits modular plan; plan eligibility varies based on scheduled hours of work. Employees who are term or short term are eligible for option 1 (Base Plan) for Medical and Dental and other benefits per duration of term assignment. Group Insurance benefits and payment sharing outlined below are set out in the 2017 MyBenefits Booklet. For clarity, benefit entitlements and cost sharing will not be altered without SPEA’s agreement and the group insurance provider may be altered at the Company’s sole discretion.
Group Insurance Plans. Not later than the Distribution Date, Healthcare shall establish the Healthcare Group Insurance Plans and Electronics shall establish the Electronics Group Insurance Plans effective as of the Distribution Date and, correspondingly, Healthcare Employees and Electronics Employees shall cease participating in the Tyco Group Insurance Plans on the dates the new plans are established and shall begin participating in the Healthcare Group Insurance Plans or the Electronics Group Insurance Plans, as applicable. After the Distribution Date: (i) Healthcare shall be solely responsible for the administration of the Healthcare Group Insurance Plans and solely responsible for the payment of all employer-related costs in establishing and maintaining the Healthcare Group Insurance Plans, (ii) Electronics shall be solely responsible for the administration of the Electronics Group Insurance Plans and solely responsible for the payment of all employer-related costs in establishing and maintaining the Electronics Group Insurance Plans, and (iii) Tyco shall retain sole responsibility for all benefit obligations under the Tyco Group Insurance Plans and shall be solely responsible for the payment of all employer-related costs in maintaining the Tyco Group Insurance Plans.
Group Insurance Plans. 32.1 The Employer shall provide employees with the following benefits, and it is recognized that they may enter into agreements with insurance underwriters in order to do so:
Group Insurance Plans. Trident shall cause Fountain to establish the Fountain Group Insurance Plans, effective no later than the Fountain Distribution Date and, correspondingly, except as provided below, Fountain Employees shall cease participating in the Trident Group Insurance Plans on the dates the new plans are established and shall begin participating in the Fountain Group Insurance Plans. The newly established Fountain Group Insurance Plans shall be substantially similar to the Trident Group Insurance Plans. After the Fountain Distribution Date: (i) Fountain shall be solely responsible for the management and administration of the Fountain Group Insurance Plans and solely responsible for the payment of all employer-related costs in establishing and maintaining the Fountain Group Insurance Plans, and (ii) Trident shall retain sole responsibility for all Liabilities for claims incurred prior to the Fountain Distribution Date under the Trident Group Insurance Plans and shall be solely responsible for the payment of all employer-related costs in maintaining the Trident Group Insurance Plans.
Group Insurance Plans. Tyco shall cause ADT NA to establish the ADT NA Group Insurance Plans, effective no later than the ADT NA Distribution Date and, correspondingly, except as provided below, ADT North American R/SB Employees shall cease participating in the Tyco Group Insurance Plans on the dates the new plans are established and shall begin participating in the ADT NA Group Insurance Plans. The newly established ADT NA Group Insurance Plans shall be substantially similar to the Tyco Group Insurance Plans. After the ADT NA Distribution Date: (i) ADT NA shall be solely responsible for the management and administration of the ADT NA Group Insurance Plans and solely responsible for the payment of all employer-related costs in establishing and maintaining the ADT NA Group Insurance Plans, and (ii) Tyco shall retain sole responsibility for all Liabilities for claims incurred prior to the ADT NA Distribution Date under the Tyco Group Insurance Plans and shall be solely responsible for the payment of all employer-related costs in maintaining the Tyco Group Insurance Plans.
Group Insurance Plans. From and after the Commencement Date, the Executive shall be entitled to participate in the Company’s group medical, dental, long term disability and short term disability insurance programs on the same terms and conditions applicable to the other senior officer(s) of the Company.
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Group Insurance Plans. The benefit plans included collectively in the group insurance heading are Life Insurance (basic and optional), Accidental Death & Dismemberment (AD&D) and Weekly Indemnity coverage. Eligibility As at February 4, 2010, newly hired employees must have eighteen (18) months service and maintain average weekly hours of twenty (20) or more. Employees hired before February 4, 2010 must have twelve (12) months service and maintain average weekly hours of twenty (20) or more. Employee Contributions To be 33.3% of the premium cost (except optional life where the premium costs are paid one hundred percent (100%) by the employee).
Group Insurance Plans. All employees of the Board shall have the right and shall be encouraged to organize so as to receive the maximum benefits from group insurance and hospitalization plans. Membership in such groups shall be on a voluntary basis. The Treasurer of the Board shall have the authority to make the necessary deductions from the paycheck to cover the costs of such programs upon receipt of the proper authorization form.
Group Insurance Plans. The benefit plans included collectively in the group insurance heading are Life insurance (Basic and Optional), Accidental Death & Dismemberment (A.D. & D.) and Weekly Indemnity coverage. Eligibility - First day of the month following six (6) months Company service and working twenty (20) hours or more per week on a continuous basis. - Enrolment must be completed within thirty one (31) days of being eligible. If the employee seeks to apply after the thirty one (31) day period, they must satisfy any late application requirements of the insurance carrier. - If the employee opts out of coverage, and seeks to re-apply, they must satisfy any late application requirements of the insurance carrier and upon such satisfaction, coverage will commence the following January 1st.
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