PENSION AND HEALTH BENEFITS Sample Clauses

PENSION AND HEALTH BENEFITS. The District’s benefit program includes group health benefits, including medical, and a reimbursable dental, vision, life/disability insurance, and medical co-pay cost for eligible employees. Coverage is also available for eligible dependents of eligible employees. Regular full-time employees and regular part-time employees regularly scheduled to work twenty (20) or more hours per week (excluding overtime) on a continuing basis are eligible for these health benefits. The District also contributes to a pension plan for all regular full-time employees and part- time employees regularly scheduled to work twenty (20) or more hours per week (excluding overtime) on a continuing basis. While this Agreement does not restate all of the features of the benefit programs, it provides brief summaries of some of the key provisions. It is important to remember that additional terms and conditions apply, and may impact eligibility and level of benefits. As a result, if there is any real or apparent conflict between this Agreement and the information set forth in official benefit plan documents, the provisions in the official plan documents control. Employees are encouraged to review the official plan documents for complete information.
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PENSION AND HEALTH BENEFITS. 31.01 PENSION PLAN The employees covered by this Agreement will continue to receive the benefits provided under the Company's Revised General Pension Plan (the "Pension Plan") which was effective the 1st day of January 1971, and as subsequently amended in collective bargaining. Effective the day following the date of ratification, employees will receive the benefits of "The Revised General Pension Plan For Employees of Falconbridge Limited." If any differences arise between the Company and any of the employees or between the Company and the Union as to the interpretation, application, administration or alleged violation of the provisions of the Pension Plan, such differences shall be settled in accordance with the grievance procedure or arbitration set out in this Agreement.
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PENSION AND HEALTH BENEFITS. The Health Plan, while not being part of the Collective Agreement, is presented for the information of the employees. The Company will pay the premiums and other administrative costs necessary to provide the following programs:  Group Life InsuranceAccidental Death and Dismemberment Insurance  Optional Life and AD&D (premiums paid by employees)  Dental CareVision CareExtended Health Care, including Out-of -Country Health Care and Semi- private HospitalizationShort term DisabilityLong Term Disability These programs will continue in effect during the term of this Agreement subject to the amendments set out hereunder. GROUP LIFE INSURANCE Employee basic life insurance will be maintained at fifty thousand dollars ($50,000) and the survivorship benefit for all eligible employees will be ten thousand dollars ($10,000). ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE The principal sum amount under the AD&D benefit will be maintained at fifty thousand dollars ($50,000).
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PENSION AND HEALTH BENEFITS. Xxxxxxx shall further receive all rights and benefits under the Company's 401K plan (with Company contributions matching $.50 for each $1.00 of Xxxxxxx'x contributions up to 6% of Xxxxxxx'x base salary, subject to the limitations on Xxxxxxx'x contributions as provided by law) and the Company's health insurance plan (for which the Company shall pay 100% of the premium). Company shall also pay for an annual physical for Xxxxxxx and his spouse during each year of Xxxxxxx'x employment hereunder.
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PENSION AND HEALTH BENEFITS. 22.01 The Employer agrees to pay premiums equal to the employee's deductions under the Ontario Municipal Employees Retirement System (OMERS) and the Canada Pension Plan.
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Related to PENSION AND HEALTH BENEFITS

  • 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.

  • Extended Health Benefits The extended health benefits coverage for CUPE and Fire will be amended to include:

  • 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:

  • Extended Health Care Benefits 12.02(a) The City will provide for all employees by contract through an insurer selected by the City an Extended Health Care Plan which will provide extended health care benefits. The City shall pay one hundred per cent (100%) of the premiums, which will include any premiums payable under The Health Insurance Act, R.S.O. 1990, as amended. Eligible Expenses (Benefit year January 1 – December 31)

  • Health and Welfare Benefits (Article 17 applies to full-time nurses only)

  • Pension Benefits Each party reserves the right to retain as his or her sole and absolute separate property, the entire interest in pension benefits now vested, or that become vested in the future, and the right to manage, control, transfer, and convey all such property and dispose of the same by will, beneficiary designation or otherwise, without any interference from the other. The parties acknowledge that this Agreement shall constitute an effective waiver of any rights in the other's pension benefit plans. Furthermore, each party agrees to execute whatever additional waiver document may be necessary or useful to confirm such waiver of rights to the other party's pension benefit plans.

  • Health & Welfare Benefits Executive shall be eligible to participate in all health and welfare benefits provided generally to other employees of the Company.

  • Continuation of Health Benefits An eligible employee who is on an approved FML Leave shall be entitled to continue participation in health plan coverage (medical, dental, and optical) as follows:

  • Pension and Benefit Plans (a) Neither a Reportable Event nor an “accumulated funding deficiency” (within the meaning of Section 412 of the Code or Section 302 of ERISA) has occurred during the five year period prior to the date on which this representation is made or deemed made with respect to any Plan, and each Plan has complied in all material respects with the applicable provisions of ERISA and the Code. No termination of a Single Employer Plan has occurred, and no Lien in favor of the PBGC or a Plan has arisen, during such five year period. No Borrower or any Commonly Controlled Entity has had a complete or partial withdrawal from any Multiemployer Plan, and neither any Borrower nor any Commonly Controlled Entity would become subject to any liability under ERISA that would exceed $25,000,000 if any Borrower or any such Commonly Controlled Entity were to withdraw completely from all Multiemployer Plans as of the valuation date most closely preceding the date on which this representation is made or deemed made. No such Multiemployer Plan is Insolvent.

  • Health Care Benefits (a) Each regular full-time employee may elect coverage for himself and his eligible dependents* under one of the following health insurance plans:

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