PAID-UP LIFE INSURANCE. The Employer shall provide a paid-up life insurance policy for $2,500.00 to all employees who retire at age sixty-five (65) years or older, provided that the employee has at least ten (10) years of service with York Region.
PAID-UP LIFE INSURANCE. A uniform member who retires under the N.R.A. 60 rule or later and who does not qualify for paid-up insurance under the provision of the Collective Agreement shall receive a paid-up life insurance policy as follows: If 10 years of service but less than 15 - $1,500.00 If 15 years of service but less than 20 - $2,500.00 If more than 20 years of service - $3,500.00
PAID-UP LIFE INSURANCE. A uniform member who retires under the rule or later and who does not qualify for paid-up insurance under the provision of the Collective Agreement shall receive a paid-up life insurance policy as follows: If years of service but less than If years of service but less than If more than years of service
PAID-UP LIFE INSURANCE. A uniform Senior Officer member who retires under the NRA 60 rule or later and who does not qualify for paid-up insurance under the provision of the Agreement shall receive a paid-up life insurance policy as follows: If 10 years of service but less than 15 - $1,500.00 If 15 years of service but less than 20 - $2,500.00 If more than 20 years of service - $3,500.00
PAID-UP LIFE INSURANCE. On Retirement Plan This life insurance will not be payable for an employee who has received a lump sum payment due to a disabil- ity which has made the employee unable to resume work. * Effective July 01/05, $51,500; July 01/06, Dental Plan
PAID-UP LIFE INSURANCE. 26.4.3.1 Any full-time employee who retires shall receive a Paid-up Life Insurance Policy, paid for wholly by the City, with a face value of one hundred dollars ($100.00) for each complete continuous year of service and fifty dollars ($50.00) for more than six (6) months, but less than a complete year of service up to a maximum of two thousand dollars ($2,000).
