WELFARE AND BENEFITS Sample Clauses

WELFARE AND BENEFITS. 21.01 There shall be a plan of Group Insurance of which each employee shall have a description, the cost of which will be borne 90% by THE COMPANY and 10 % by the employee. An employee, hired after date of ratification, shall become eligible to participate in the plan after twelve (12) months of actual work with the Company excluding, work related absences.
Sample 1
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WELFARE AND BENEFITS. 21.01 a) There shall be a plan of Group Insurance of which each employee shall have a description, the cost of which will be borne by the Company. An employee shall become eligible to participate in the plan at the beginning of the month following that month in which the employee attains seniority.
Sample 1
WELFARE AND BENEFITS. 21.01 a) The Company's Group Insurance Plan provides substantial protection for employees and their dependents through contracts underwritten by insurance companies. Employees are provided with a booklet which is intended as a general explanation of the benefits but, it is understood that the Master Insurance Contracts are the governing documents, details of Class "C" Union personnel will be provided to the Union.
Sample 1
WELFARE AND BENEFITS. Article Paid Educational Leave
Sample 1
WELFARE AND BENEFITS. 20.01 The Company will provide weekly indemnity coverage for all employees. The benefit shall be payable on the first day of accident or hospitalization and 4th day of illness and continue for twenty-six (26) weeks and shall be sixty percent (60%) of regular earnings to a maximum of - $475.00 in year one (1), $485.00 in year two (2), $500.00 in year three (3). Long Term Disability shall commence upon exhaustion of the twenty-six-(26) week period of Weekly Indemnity benefits. Benefits for injuries due to an automobile accident to which the Ontario No-Fault Benefits schedule applies are payable only during the first week of disability. Long Term Disability benefits will be sixty percent (60%) of basic monthly earnings subject to a maximum benefit of $2,000 per month offset by CPP/QPP, with a two (2) year own occupational definition.
Sample 1
WELFARE AND BENEFITS. 16.01 The employer agrees to contribute for those employees in the employ of the Employer, who are covered by this agreement to the Local 183 Industrial Benefit Fund, for the purpose of purchasing weekly indemnity, life insurance, major medical, and dental coverage, plus applicable taxes as follows: November 1, 2012- $225.00 per month November 1, 2013- $230.00 per month November 1, 2014- $235.00 per month November 1, 2015- $240.00 per month November 1, 2016- $245.00 per month It is understood that the Employer shall not be constructed to be an insurer nor shall it have any liability other than making the payment as aforesaid to the Trust Fund and that the Union agrees to indemnify and save harmless the Employer against any or all claims which may be made against it in respect of any claims by an employee for the insurance coverage provided herein. Remittances are to be forwarded electronically to the Trust Fund by the fifteenth (15th) of each month. Remittances that are not submitted on time will be subject to a 2% charge.
Sample 1

Related to WELFARE AND BENEFITS

  • PENSION AND BENEFITS 26:01 Employees are eligible to participate in the Pension Plan; Long Term Disability Plan; Group Life and Survivor Income Plan; Dental Care Plan; Extended Health Care Plan; Semi-Private Hospital Accommodation Plan; Joint Membership Plan; and Vision Care Plan, as summarized in Schedules “B” to “I” attached hereto.

  • Sick Benefits 15.01 Eligible employees will receive Short Term Disability Benefits in accordance with the terms and conditions outlined in the STD Plan Text, a copy of which has been supplied to the Union. The STD plan forms part of this Collective Agreement.

  • WELFARE BENEFITS Subject to the terms and conditions of this Agreement, for a period of twelve (12) months following the date of Involuntary Termination (and an additional twelve (12) months if the Executive provides consulting services under Section 14(f) hereof), the Executive and his dependents shall be provided with life, disability, accident and group medical benefits which are substantially similar to those provided to the Executive and his dependents immediately prior to the date of Involuntary Termination or the Change in Control Date, whichever is more favorable to the Executive. Without limiting the generality of the foregoing, the continuing benefits described in the preceding sentence shall be provided on substantially the same terms and conditions and at the same cost to the Executive as in effect immediately prior to the date of Involuntary Termination or the Change in Control Date, whichever is more favorable to the Executive. Such benefits shall be provided in a manner that complies with Treasury Regulation Section 1.409A-1(a)(5). Notwithstanding the foregoing, if Sempra Energy determines in its sole discretion that the portion of the foregoing continuing benefits that constitute group medical benefits cannot be provided without potentially violating applicable law (including, without limitation, Section 2716 of the Public Health Service Act) or that the provision of such group medical benefits under this Agreement would subject Sempra Energy or any of its Affiliates to a material tax or penalty, (i) the Executive shall be provided, in lieu thereof, with a taxable monthly payment in an amount equal to the monthly premium that the Executive would be required to pay to continue the Executive’s and his covered dependents’ group medical benefit coverages under COBRA as then in effect (which amount shall be based on the premiums for the first month of COBRA coverage) or (ii) Sempra Energy shall have the authority to amend the Agreement to the limited extent reasonably necessary to avoid such violation of law or tax or penalty and shall use all reasonable efforts to provide the Executive with a comparable benefit that does not violate applicable law or subject Sempra Energy or any of its Affiliates to such tax or penalty.

  • 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:

  • Pay and Benefits A. The Agency shall continue to pay salary and benefits which includes pension contribution, insurance and paid leave time consistent with what they earned before their appointment. Employees appointed as a Contract Specialist shall not be eligible for reimbursement for uniforms, boots or other ancillary items while serving as a Contract Specialist the specifics which will be noted in the employee’s Contract Specialist agreement.

  • Salary and Benefits During the term of this Agreement:

  • PAY, HOURS AND BENEFITS III.A. WAGES

  • Compensation and Benefits As compensation for all services performed by the Executive under and during the term hereof and subject to performance of the Executive’s duties and of the obligations of the Executive to the Company and its Affiliates, pursuant to this Agreement or otherwise:

  • Insurance and Benefits Company shall allow Executive to participate in each employee benefit plan and to receive each executive benefit that Company provides for senior executives at the level of Executive's position.

  • Fringe Benefits During the Employment Period, the Executive shall be entitled to fringe benefits, including, without limitation, tax and financial planning services, payment of club dues, and, if applicable, use of an automobile and payment of related expenses, in accordance with the most favorable plans, practices, programs and policies of the Company and its affiliated companies in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, as in effect generally at any time thereafter with respect to other peer executives of the Company and its affiliated companies.

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