Life Insurance Upon Retirement. 32.1 An employee who retires from the service of the Company subsequent to January 1, 2001, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 life insurance policy, fully paid up by the Company. Effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policy, fully paid up by the Company.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Life Insurance Upon Retirement. 32.1 22.1 An employee who retires from the service of the Company subsequent to January 1, 20011991, will, provided s\he he is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 life insurance policy, fully paid up by the Company. Effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance 7,000.00 Life Insurance policy, fully paid up by the Company.
Appears in 4 contracts
Samples: Wage Agreement, Wage Agreement, Wage Agreement
Life Insurance Upon Retirement. 32.1 27.01 An employee who retires from the service of the Company subsequent to January 1, 2001, 1991 will, provided s\he he is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 5,000 life insurance policy, fully paid up by the Company. Effective $7,000 effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policy2004, fully paid up by the Company.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Life Insurance Upon Retirement. 32.1 An employee 27.01 A member who retires from the service of the Company subsequent to January 1, 2001, 1991 will, provided s\he he is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 5,000 life insurance policy, fully paid up by the Company. Effective $7,000 effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policy2004, fully paid up by the Company.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Life Insurance Upon Retirement. 32.1 17.1 An employee who retires from the service of the Company subsequent to January 1, 2001, will, provided s\he he is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 7,500.00 term life insurance policy, fully . The premium is to be paid up by the Company. Effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policy, fully paid up by the Company.
Appears in 1 contract
Samples: Agreement
Life Insurance Upon Retirement. 32.1 An employee who retires from the service of the Company subsequent to January 1, 2001, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 life insurance policy, fully paid up by the Company. 23.1 Effective January 1, 2003 2006 an employee who retires from the service of the Company subsequent to January 1, 20032006, will, provided s\he has not less than ten years' years cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policy, fully paid up by the Company.
Appears in 1 contract
Samples: Collective Agreement
Life Insurance Upon Retirement. 32.1 An employee who retires from the service of the Company subsequent to January 1, 2001, will, provided s\he he is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 life insurance policy, effective January fully paid up by the Company. Effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policy, fully paid up by the Company.ARTICLE
Appears in 1 contract
Samples: Collective Agreement