Health and Medical Benefits. For a period of one (1.0) year from the date of termination of employment, the Employee shall be provided, at no charge, with a continuation of health and medical benefits no less favorable than the health and medical benefits in effect on the date of termination of the Employee’s employment. To the extent such benefits cannot be provided under a plan because the Employee is no longer an employee of the Employer, a dollar amount equal to the after-tax cost (estimated in good faith by Leesport) of obtaining such benefits, or substantially similar benefits, shall be paid to the Employee periodically, as appropriate.
Health and Medical Benefits. Eligible retirees and their eligible dependents and survivors shall have the right to continue their participation in the hospital and medical plans available to active employees, subject to the terms and conditions of this Agreement. Nothing in this Agreement, however, shall be construed as conveying any vested right to any particular plan, plan design, or plan component. The terms of the District's Health Benefits Program, as well as the plans available under the Program, remain subject to alteration by action of the Joint Labor/Management Benefits Committee or any future agreement between the District and the its exclusive representatives.
Health and Medical Benefits. The Executive shall be entitled to receive and participate in health, dental and long-term disability programs as are made available by the Company to other employees holding similar positions of importance to the Company, provided that the Company may modify, suspend, or discontinue any or all of such benefits for its employees generally or for any group thereof, without obligation to replace any such modified, discontinued or suspended benefit with any other benefit, equivalent or otherwise compensate the Executive in respect thereof.
Health and Medical Benefits. 38.01The Corporation shall pay one hundred percent (100%) of the total cost of all benefit plans, excluding pension plans allowed by the Ontario Municipal Act, regardless if premiums increased or decreased, continuing to pay this cost on any retiring employees at reduced coverage, as outlined in Article 38.06.
Health and Medical Benefits. For a period of two (2) years from the day of termination of employment, the Officer shall be provided, at no charge, with a continuation of health and medical benefits substantially similar to the most favorable of such benefits provided to him at his employer’s cost during the two year period immediately preceding such termination. To the extent such benefits cannot be provided under a plan because the Officer is no longer an employee of the employer, a lump sum payment in cash equal to the present value (determined based upon 120% of the then prevailing monthly short-term applicable federal rate), after tax cost (estimated in good faith by the Bank) of obtaining such benefits, or substantially similar benefits, shall be made to the Officer within fifteen (15) days of his termination of employment.
Health and Medical Benefits. 23.3 QUALITY OF LIFE / WELLNESS EMPLOYEE REIMBURSEMENT PROGRAM Effective the beginning of the first full pay period immediately following the ratification of this Side Letter Agreement by City Council, the City shall implement a Quality-of-Life Employee Reimbursement Plan that may be used towards reimbursement for the following allowable categories: Mental/Emotional Wellness Health/Physical Wellness Financial/Retirement Wellness Employees may be reimbursed up to $1,300 per calendar year ($50 per pay period) for the qualifying wellness activities outlined in detail within the City policy.
Health and Medical Benefits. (a) Prescription Drugs – eighty (80%) percent up to five thousand $5,000.00) dollars per year. Includes pay direct drug card.
Health and Medical Benefits. Upon Employee’s timely election to continue Employee's existing health benefits under COBRA, and consistent with the terms of COBRA and the plan, COMPANY will pay the insurance premiums to continue his/her existing health benefits until Employee finds employment providing comparable health benefits, or through [insert date], whichever occurs first. Employee must continue to pay the portion of premiums, co-payments, etc. that s/he would have paid had his/her employment continued.
Health and Medical Benefits. From the date hereof until the Discontinuation Date, the Corporation agrees to provide the Executive with life insurance and the Executive and Qualified Dependents with medical insurance at no cost to the Executive and Qualified Dependents at least equal to the life and medical insurance provided to senior elected officers of the Corporation; provided, however, upon the earlier to occur of the Executive's attainment of age 65 or the Executive's application for a pension benefit under the Plan, the medical benefits provided to the Executive and Qualified Dependents shall be at least equal to the medical benefits described in the Executive Medical and Life Insurance Plan - William Troxxxxx xxx Xxxxxxied Dependents, effective March 1, 1996 (the "SPD"), a copy of which is attached hereto and the terms of which are incorporated by reference herein. The Corporation agrees to use its best efforts to provide the benefits listed on the SPD to the Executive and his spouse in a manner that will not result in any income inclusion under federal, state or local tax law. To the extent any such income inclusion results to either the Executive or his spouse, the Executive and his spouse (as the case may be) shall receive an annual payment from the Corporation to fully pay for the federal, state or local tax on such income inclusion (a "Gross- up Payment") as well as any income inclusion from the Gross-up Payment based on the highest marginal tax rate on the payment, so that neither the Executive nor his Spouse have any federal, state or local tax liability as a result of participation in the Executive Medical Plan described in the SPD. For each year, such payment shall be made no later than January 31st of the following year. This section shall survive any termination of this Agreement.
Health and Medical Benefits. For a period of three (3) years from the day of termination of employment, the Officer shall be provided, at no charge, with a continuation of health and medical benefits substantially similar to the most favorable of such benefits provided to him at his employer’s cost during the two-year period immediately preceding such termination. To the extent such benefits cannot be provided under a plan because the Officer is no longer an employee of the employer, a dollar amount equal to the after-tax cost (estimated in good faith by the Bank) of obtaining such benefits, or substantially similar benefits, shall be paid to him periodically, as appropriate.
