Health and Welfare Benefit Plan. 24.01 The Company agrees that the following plans will be maintained for the life of this Agreement, provided such plans continue to be available. Should any of the plans listed below cease to continue to be available, the Company shall provide coverage of equal or greater benefit through another plan, provided such coverage is available at a reasonable cost. It is further agreed by the Parties that the plans and their administration shall not become a subject of this Agreement. The cost of such plan shall be shared as indicated below. It is further understood that the Company shall have the right to choose carriers, based on maintaining the most reasonably competent companies and coverage possible. The Company agrees the change of carriers shall not reduce the level of the benefits currently enjoyed by the employees.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
