Level of Benefits. 50% of regular weekly earnings calculated at forty (40) times the disabled employee's hourly straight time job rate at the date of onset of disability plus any negotiated increases to that hourly straight time job rate which would take place during the elimination period. Employees who are under age 60 years of age will have their future disability benefit recalculated by applying the contractual wage increases that were applied in each year, during the period of their disability, to their long term disability benefit. The recalculated weekly benefit when combined with all other disability income to which the disabled employee is receiving will not exceed 80% of 40 hours multiplied by the regular wage rate in effect at the time of the recalculation.
Level of Benefits. The County, through the Middlesex County Joint Insurance Fund, MCJIF, shall continue to provide to all eligible employees and qualified dependants on the payroll as of May 7, 1999 the (3) HMO options, as available on January 1, 1999 equivalent to the pre-existing plans, a POS and Traditional Indemnity Coverage. The parties recognize the significantly greater premium costs of Traditional Indemnity Coverage and thereby agree that only employees and their dependents who are enrolled in the Traditional Indemnity Plan as of May 7, 1999 shall be permitted to continue such coverage. If any such employee or eligible subscriber shifts medical coverage to any other plan they shall not be permitted subsequently to re-enter the Traditional Indemnity plan at a later date. Employees and their eligible dependents enrolled as of May 7, 1999 in any other medical care plan may not subsequently enroll in the Traditional Indemnity Plan. In the event the County desires to re-enter the State Health Benefits plan (SHBP) of New Jersey it must provide thirty
Level of Benefits. 50% of regular weekly earnings calculated at forty (40) times the disabled employee’s hourly straight time job rate at the date of onset of disability plus any negotiated increases to that hourly straight time job rate which would take place during the elimination period. The Company agrees to reimburse employees for the costs of medical forms and specialist reports when required by the WI and LTD carriers. This is agreed on the basis that the Company will be reimbursed by the carrier.
Level of Benefits. 50% of regular weekly earnings calculated at forty (40) times the disabled employee's hourly straight time job rate at the date of onset of disability plus any negotiated increases to that hourly straight time job rate which would take place during the elimination period. An employee who is under 60 years of age and reaches his/her annual anniversary on long term disability, and each subsequent anniversary on long term disability, will have his/her future disability benefit recalculated using the greater of his/her existing long term disability benefit or a recalculation using the job rate that is in place on that date. The recalculated weekly benefit when combined with all other disability income which the disabled employee is receiving will not exceed 80% of 40 hours multiplied by the job rate in effect at the time of recalculation.
Level of Benefits. 28.7.1 During the term of this Agreement, the Pension plan(s), Group Life Insurance Program, Group Dental Plan, and Group Medical Plan will remain in full force and effect as amended. The Company agrees to negotiate with the Union any changes in such plans which would decrease the benefits therein.
Level of Benefits. The City will maintain the present level of benefits on the City-sponsored dental program. Maximum benefits per calendar year shall be $2,000.
Level of Benefits. The College will maintain the level of benefits equivalent to those in effect in the Electives Program as of January 1, 2012, unless the parties mutually agree otherwise. The medical plans and prescription drug plans are set forth in Appendix I.
Level of Benefits. The School District agrees that the insurance benefits purchased pursuant to subdivision 1 above shall be continued at a level not less than those benefits in effect as of June 30, 2003, except as follows: Eliminate the $250 deductible plan. Decrease the out-of-pocket maximum from $7,500/$15,000 to $3,000/$6,000 in the $1,000 deductible plan. Allow employees who have dependent coverage to opt out of the dental plan for dependents only. The prescription drug coverage for employees is subject to the medical deductible/out of pocket maximum and plan coinsurance. Commencing with the opening of BPS Group Health Insurance plan sponsored onsite primary care clinics, eliminate primary care co-pay with the exception of Routine Well Child Care. Primary care through onsite clinics will be at no additional charge to the plan participant. Generic prescription drugs dispensed through plan mail order service will be at no additional charge or co- pay to the plan participant. The elimination of the primary care co-pay shall sunset in the event the plan sponsored onsite primary care clinics are no longer operated by the plan.
Level of Benefits. With respect to Employee benefits a, b and c above, the level of benefits as provided by Subsidiary shall be the same as provided by Company on behalf of its employees. Initial: Company ------- Xxxxxxxxxxx X. Xxxxxx ------- EXHIBIT B JOB DESCRIPTION Direct and operate of Subsidiary, including the management of Subsidiary's financial condition, production, marketing, promotion, sales. Essential duties and responsibilities include the following: Oversee and direct accounting and purchasing activities for Subsidiary. Direct the procedures and systems necessary to maintain proper records and to afford adequate controls over production and services of Subsidiary. Direct the activities of Subsidiary. Appraise the Company's President and/or Board of Directors of Subsidiary's productivity and issue periodic financial and operating reports. Direct and coordinate the establishment of budget programs. Perform other related duties may be assigned by Subsidiary. Initial: Company ------- Xxxxxxxxxxx X. Xxxxxx ------- EXHIBIT C ADDITIONAL DEFINITIONS
Level of Benefits. 50% of regular weekly earnings calculated at forty (40) times the disabled employee's hourly straight time job rate at the date of onset of disability plus any negotiated increases to that hourly straight time job rate which would take place during the elimination period. Employees who are under 60 years of age and have reached their 5 year anniversary on long term disability, will have their future disability benefit recalculated using the greater of their existing long term disability benefit or a recalculation using the base rate that is in place on that date. Employees who reach a subsequent 5 year anniversary (i.e. 10 years, 15 years, 20 years, etc.) on long term disability and are under 60 years of age will have their future disability benefit recalculated using the greater of their existing long term disability benefit or a recalculation using the base rate that is in place on that date. The recalculated weekly benefit when combined with all other disability income to which the disabled employee is receiving will not exceed 70% of 40 hours multiplied by the base rate in effect at the time of recalculation.
