Common use of GROUP INSURANCE PROGRAMS Clause in Contracts

GROUP INSURANCE PROGRAMS. 1. Group Term Life Insurance Plan Each Member of the Bargaining Unit shall be provided group term life insurance equal to one and one-half (1.5) times the total annual compensation s/he receives pursuant to Appendix A, Appendix B, and Appendix C of this Agreement. If this amount is not a multiple of $1,000, it will be rounded to the nearest multiple of $1,000, with $500 rounded up.

Appears in 4 contracts

Samples: A Contractual Agreement, A Contractual Agreement, A Contractual Agreement

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