Common use of WELFARE Clause in Contracts

WELFARE. The Company will continue to provide the same degree of hospital and medical coverage. Employees who retire from the employ of the Company on a normal retirement date, or on an applicable early or disability retirement date, on or after April 1, 1988, are eligible for a $2,000 post-retirement death benefit, payable upon the death of the retiree.

Appears in 4 contracts

Sources: Office and Technical Agreement, Production and Maintenance Agreement, Production and Maintenance Agreement