Common use of Retroactive Salary Adjustments Clause in Contracts

Retroactive Salary Adjustments. ‌ Should any retroactive adjustments be made as a result of changes to a participant’s salary, the Insurer retroactively adjusts the benefits paid under the long-term disability insurance plan. The corresponding premiums must also be paid on the change in salary.

Appears in 3 contracts

Samples: Group Insurance Contract, Group Insurance Contract, www.fiqsante.qc.ca

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Retroactive Salary Adjustments. Should any retroactive adjustments be made as a result of changes to a participant’s salary, the Insurer retroactively adjusts the benefits paid under the long-term disability insurance plan. The corresponding premiums must also be paid on the change in salary.

Appears in 2 contracts

Samples: Group Insurance Contract, Group Insurance Contract

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