INSURANCE AND RETIREMENT PLANS Sample Clauses

INSURANCE AND RETIREMENT PLANS. Employee shall be entitled to such insurance and retirement plan benefits as are generally available to other senior management employees of the Company, pursuant to Company policy in effect from time to time, such as health insurance, disability and life insurance, and the right to participate in any retirement plans maintained by the Company. The Employee may, in lieu of participating in the Company's PPO medical plan, elect reimbursement by the Company for the cost of a disability policy (or other
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INSURANCE AND RETIREMENT PLANS. 20.1 During the lifetime of this Agreement, the Company agrees to pay 95% of the premium rates charged by the various insurance carriers, as revised from time to time, for the continuation of the insurance coverages that were in effect at the effective date of this Agreement, except the Dental Plan, which the Company agrees to pay 75% of the premium rates, further details of which are set out in Schedule "B" hereto.
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INSURANCE AND RETIREMENT PLANS. 15.0 Subject to the eligibility requirements set forth in the applicable insurance plans, employees, their spouses and their dependents shall have provided for them by the Board of Education to the extent indicated, the following insurance coverages. The following three health insurance options shall be provided to eligible employees through August 31, 2019:
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INSURANCE AND RETIREMENT PLANS. A. The Board shall provide and pay for the following insurance for each employee and their dependents. The following plans will be offered to each employee, at the following premium cost shares: Effective and Retroactive to July 1, 2018 Effective July 1, 2019 Effective July 1, 2020 Effective July 1, 2021 Effective July 1, 2022 OAP $30 18% N/A N/A N/A N/A OAP $20 15% N/A N/A N/A N/A HSA 12% 13.0% 13.5% 14.0% 14.5% The OAP $30 and OAP $20 plans shall be eliminated, effective June 30, 2019. The following HSA Plan shall be the sole plan offered to employees in the bargaining unit, effective July 1, 2019. In-Network Out-of-Network Annual Deductible (individual/aggregate family) $2,000/4,000 Co-insurance N/A 20% after deductible up to co-insurance maximum Co-insurance Maximum (individual/aggregate family) N/A $3,000/$6,000 Cost Share Maximum (individual/aggregate family) $5,000/10,000 Lifetime Maximum Unlimited In-Network Out-of-Network Preventive Care Deductible not applicable 20% co-insurance after deductible, subject to co-insurance limits Prescription Drug Coverage Treated as any other medical expense, subject to post-deductible drug co-payments as set forth below. Following exhaustion of the deductible, prescription drugs shall be subject to post- deductible co-payments of $10/25/40 (retail), and a two times co-payment for mail order. For each eligible employee, the Board will fund fifty percent (50%) of the applicable deductible amount. For the 2019-20 and 2020-21 contract years only, the full amount of the Board’s contribution toward the HSA plan deductible will be deposited into the HSA accounts in July. For each contract year thereafter, one-half of the Board’s contribution toward the HSA plan deductible will be deposited into the HSA accounts in July, and the remaining one-half of the Board’s contribution will be deposited into the HSA accounts in January. The Board’s contribution toward the funding of the deductible shall not be deemed an element of the underlying insurance plan. Rather, the Board’s contribution toward the funding of the deductible shall relate solely to the manner in which the deductible shall be funded for actively employed individuals. The Board shall have no obligation to fund any portion of the deductible for retirees or other individuals upon their separation from employment. Effective June 30, 2021, the Board will not process employee contributions into employees’ Health Savings Accounts on a pre-tax basis, unless the Board and...
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INSURANCE AND RETIREMENT PLANS. 23.1 The Company agrees to pay 100% of the premium rate charged by the various insurance carriers up to and including December 31, 2016. Effective January 01, 2017, the Company agrees to pay 95% of the premium rate charged for Extended Health Benefits and Dental Benefits as revised from time to time for the continuation of the insurance coverages. The remaining 5% of the premium rate will be paid by the employees by way of payroll deduction. A separate booklet out- lining the details of the various plans will be issued to each employee, and updated as necessary.
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INSURANCE AND RETIREMENT PLANS. 11.1 The parties hereby incorporate by reference the existing pension agreements entered into by the State of Connecticut and SEBAC on behalf of unit employees as of the effective date of this Agreement.
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INSURANCE AND RETIREMENT PLANS. Section 15.7 No matter respecting the provisions of any Insurance Plan or Retirement Plan shall be subject to the Grievance Procedure established in this Agreement. This provision shall not operate to deprive an employee of any rights he may have under any insurance plan or retirement plan.
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INSURANCE AND RETIREMENT PLANS. The Employee shall be entitled to medical, dental, disability, and life insurance and retirement plan benefits for which he may be eligible as adopted from time to time by the Company's Board of Directors in its sole and absolute discretion for the benefit of employees of the Company.
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INSURANCE AND RETIREMENT PLANS 
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Related to INSURANCE AND RETIREMENT PLANS

  • Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all other savings and retirement plans, practices, policies and programs, in each case on terms and conditions no less favorable than the terms and conditions generally applicable to the Company’s other executive employees.

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

  • Incentive, Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with incentive opportunities (measured with respect to both regular and special incentive opportunities, to the extent, if any, that such distinction is applicable), savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies and programs as in effect at any time during the 120-day period immediately preceding the Effective Date or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

  • 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.

  • 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.

  • Supplemental Retirement Plan During the Contract Period, if the Executive was entitled to benefits under any supplemental retirement plan prior to the Change in Control, the Executive shall be entitled to continued benefits under such plan after the Change in Control and such plan may not be modified to reduce or eliminate such benefits during the Contract Period.

  • ’ 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:

  • Benefit Coverage The Company agrees to provide pension and welfare benefits as described in the Company Booklets, benefit plan documents or policies of insurance for the duration of the Agreement.

  • 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:

  • 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;

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