HEALTH INSURANCE AND RETIREMENT BENEFITS Sample Clauses

HEALTH INSURANCE AND RETIREMENT BENEFITS. In addition to the benefits listed below, all employees covered by this Agreement shall be entitled to purchase Universal Life, Cancer Policy, Critical Illness, Nursing Care or any other Insurance Policy presented by the IAM. Participation in such programs shall be strictly voluntary and paid through payroll deduction. Plans shall be offered through Agencies and Underwriters selected by the union. The Company shall allow the IAM reasonable opportunity for onsite enrollment at least once each year.
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
HEALTH INSURANCE AND RETIREMENT BENEFITS. A. The Board shall provide insurance benefits to those who are eligible for such benefits under the terms and conditions set forth in this Collective Bargaining Agreement as follows. Benefits provided under this Article shall be effective during the period of this contract for all Administrators returning and from the first day of work until the end of this contract for Administrators employed after the effective date of this contract. The Board will comply with all applicable State Statutes regarding insurance coverage for Administrators.
Sample 1
HEALTH INSURANCE AND RETIREMENT BENEFITS. Employer does not provide Health Insurance or Retirement Benefits. Employee elects to be covered under Employer’s health/medical plan, Employer agrees to pay one-half (1/2) of such expense with the understanding that Employee shall pay for the entire cost of dependent coverage.
Sample 1
HEALTH INSURANCE AND RETIREMENT BENEFITS. To the extent Employee can meet applicable eligibility requirements, Employee shall be entitled, during the Employment Term, to receive and participate in any retirement program, and in any medical, dental and vision insurance plans, provided to other District management-level employees. District’s retirement and medical coverage is presently provided by CalPERS. Employee and District intend that Employee be a classic member of CalPERS for this purpose. Employee will verify and establish directly with CalPERS that he qualifies as a classic member, and District will assist him in any way it reasonably can in establishing his classic member status. District represents to Employee that District’s present personnel policy on CalPERS includes the following: “All regular employees are eligible to participate in the CalPERS Retirement System Plan. Participation in the CalPERS Retirement System Plan is mandatory and is in lieu of Social Security. District and Employee agree that Employee will reimburse District 7% of Employer’s “Required Contribution”.
Sample 1
HEALTH INSURANCE AND RETIREMENT BENEFITS. A. All personnel covered by this Agreement shall be eligible to receive health and insurance coverage for themselves as individuals or for themselves and their families in accordance with programs as specified below. Benefits provided under this Article shall be effective during the period of this contract for all Teachers returning and from the first day of work until the end of this contract for Teachers employed after the effective date of this contract. The Board will comply with all applicable State Statutes regarding insurance coverage for Teachers.
Sample 1

Related to HEALTH INSURANCE AND RETIREMENT BENEFITS

  • INSURANCE AND RETIREMENT Each teacher shall be entitled to fringe benefits provided by this agreement and by federal regulations provided by Cobra (Consolidated Omnibus Budget Reconciliation Act of 1985). These shall include but not be limited to the following:

  • Health Insurance Benefits To the extent provided by the federal COBRA law or, if applicable, state insurance laws, and by the Company’s current group health insurance policies, Executive will be eligible to continue Executive’s group health insurance benefits at Executive’s own expense. If Executive timely elects continued coverage under COBRA, the Company shall pay Executive’s COBRA premiums, and any applicable Company COBRA premiums, necessary to continue Executive’s then-current coverage for a period of 18 months after the date of Executive’s termination of employment; provided, however, that any such payments will cease if Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such premiums. Executive agrees to immediately notify the Company in writing of any such enrollment. Notwithstanding the foregoing, if the Company determines, in its sole discretion, that it cannot provide the foregoing benefit without potentially incurring financial costs or penalties under applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to Executive a taxable monthly amount to continue his group health insurance coverage in effect on the date of separation from service (which amount shall be based on the premium for the first month of COBRA coverage), which payments shall be made regardless of whether Executive elects COBRA continuation coverage and shall commence in the month following the month in which Executive incurs a separation from service and shall end on the earlier of (x) the date on which Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such amounts and (y) 18 months after the date of Executive’s separation from service.

  • Health Benefits The method for determining the Employer bi-weekly contributions to the cost of employee health insurance programs under the Federal Employees Health Benefits Program (FEHBP) will be as follows:

  • Retiree Health Benefits 1. There is currently in effect a retiree health benefit program for retired members of LACERS under LAAC Division 4, Chapter 11. All covered employees who are members of LACERS, regardless of retirement tier, shall contribute to LACERS four percent (4%) of their pre-tax compensation earnable toward vested retiree health benefits as provided by this program. The retiree health benefit available under this program is a vested benefit for all covered employees who make this contribution, including employees enrolled in LACERS Tier 3.

  • Severance and Retirement Options (a) (i) Where an employee resigns within 30 days after receiving notice of layoff pursuant to article 14.02 (a)(ii) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks' salary for each year of continuous service to a maximum of sixteen (16) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars.

  • Retirement Health Insurance Subd. 1. Benefit Eligibility for Employees who Retire Before Age 65

  • Retiree Health Insurance Retired members of the Department receiving, or to receive City of Lincoln monthly pension checks, may participate in the group comprehensive health care plan for active City employees, provided that each retiree so desiring will execute the required forms in a timely fashion, and further provided that each retiree will be required to pay the full monthly cost at the current rates subject to any rate increases which may occur from time to time. Such payment will be made by payroll deduction from pension checks, or by direct payment in the case of an early retiree.

  • Workplace Safety Insurance Benefits (WSIB) Top Up Benefits If the employee is in a class of employees that, on August 31, 2012, was entitled to use unused sick leave credits for the purpose of topping up benefits received under the Workplace Safety and Insurance Act, 1997;

  • Supplementary Employment Insurance Benefits (1) Birth mothers who are entitled to maternity leave and who have applied for and are in receipt of Employment Insurance benefits are eligible to receive XXXX Plan payments.

  • ’ Compensation Insurance and Disability Benefits Requirements Sections 57 and 220 of the New York State Workers’ Compensation Law require the heads of all municipal and state entities to ensure that businesses applying for contracts have appropriate workers’ compensation and disability benefits insurance coverage. These requirements apply to both original contracts and renewals. Failure to provide proper proof of such coverage or a legal exemption will result in a rejection of any contract renewal. Proof of workers’ compensation and disability benefits coverage, or proof of exemption must be submitted to OGS at the time of policy renewal, contract renewal and upon request. Proof of compliance must be submitted on one of the following forms designated by the New York State Workers’ Compensation Board. An XXXXX form is not acceptable proof of New York State workers’ compensation or disability benefits insurance coverage. Proof of Compliance with Workers’ Compensation Coverage Requirements:

Time is Money Join Law Insider Premium to draft better contracts faster.