Section Cost Sample Clauses

Section Cost. The Company shall make payment toward the contribution rate established by the Board of Trustees for any month in which any dependent contractor is covered by the Plan for one day or more, as follows to a maximum of: Company pays dependent contractor pays Company pays dependent contractor pays May Company pays Company contribution to any future plan cost increase not to exceed per month per member in any given year of the term of the collective agreement. New Hires Company Contractor months of service Year Year of service Year of service Dependent contractors at date of ratification will be excluded from New Hires condition provided said dependent contractors have completed the employment probationary period at date of ratification. Company and dependent contractor payments of contributions will be made on a calendar month basis for each dependent contractor and the Company shall remit the total contribution to the Trust aforesaid, not later than the twentieth (20th) day of the month for which coverage is required. Section Termination of Coverage Except as provided under Article hereunder,

Section Cost. The Company shall contribute one hundred (100%) percent of the contribution rate established by the Board of Trustees for any month in which an employee is covered by the Plan for one day or more. Definition: The Company agrees to the contribution rate set out by the Trustees and also any increase in the premium rates of the Medical Plan. This means that the Company will be responsible for any monies to keep the plan whole. It is agreed between the Company and the Union that the Weekly Indemnity benefit be maintained to meet the standard requirements for full premium reduction under the Employment Insurance Act and that the employees share of the premium reduction is retained by the Company as payment in kind. Section Payment of Contributions Contributions shall be made on a calendar month basis for each eligible employee and the Company shall remit the total contribution to the Trust aforesaid, not later than the twentieth (20th) day of the month for which coverage is required. Section and Termination of Employment All coverage under the Plan will be terminated at the end of the month which lay-off or termination of employment occurs. If an employee whose coverage has been terminated due to lay-off is recalled and works a minimum of one full shift, coverage for the weekly indemnity benefit and long term disability benefit will commence on the date of return to work and all other benefits will be re-instated as of the first day of the month in which return to work occurs.

Section Cost. The Company shall contribute one hundred (100%) percent of the contribution rate established by the Board of Trustees for any month in which an employee is covered by the Plan for one day or more. responsible for any monies to keep the plan whole. It is agreed between the Company and the Union that the Weekly Indemnity benefit be maintained to meet the standard requirements for full premium reduction under the Employment Insurance Act and that the employees share of the premium reduction is retained by the Company as payment in kind. Section Payment of Contributions Contributions shall be made on a calendar month basis for each eligible employee and the Company shall remit the total contribution to the Trust aforesaid, not later than the twentieth (20th) day of the month for which coverage is required. work occurs.

Section Cost. The Company shall contribute one hundred percent (100%) of the contribution rate established by the Board of Trustees for any month in which any employee is covered by the Teamsters’ National Benefit Plan of one day or more. Definition: The Company agrees to the contribution rate established by the Board of Trustees from time to time and also any increase in the premium rates of Medical Plan.