Standard benefits definition

Standard benefits means the greatest of:
Sample 1Sample 2Sample 3
Standard benefits. Standard two year nervous and mental benefits; $50.00 minimum monthly benefit; full maternity; full family integration; recurrent disability benefits; cumulative elimination period; 24-month own occupation definition of disability.
Sample 1Sample 2
Standard benefits means those payments and benefits specified in Section 9(a)(iv) hereof.
Sample 1

Examples of Standard benefits in a sentence

  • The terms of coverage and the cost to the employee of such coverage shall be as set forth in the Standard Benefits Plans.

  • By agreeing to participate in the Employer’s Standard Benefits Plans, the Union agrees that any dispute, grievance, question or controversy concerning the interpretation or application of the Standard Benefits Plans shall be determined and resolved in accordance with the procedures set forth in the applicable plan documents and shall not be subject to the grievance and arbitration provisions of this Agreement.

  • The Employer shall provide Free Basic Life insurance in accordance with the Standard Benefits Plans.

  • If so provided in the Standard Benefits Plans, employees may elect at their own expense to purchase additional life insurance coverage.

  • The Employer shall provide Short-Term and Long-Term Disability in accordance with the Standard Benefits Plans.

  • The Employer shall make available to eligible hourly employees in the bargaining unit the Standard Benefits Plans generally made available to eligible hourly employees in the state and the division where the unit is located (the “Standard Benefits Plans”), in accordance with and subject to the terms and conditions (including the terms and conditions relating to eligibility of employees to participate) applicable to such plans.

  • Nothing in this Article shall be construed to alter the definitions of full-time and part-time employees set forth in Article 2 of this Agreement, it being understood, however, that such definitions do not apply to the determination of eligibility to participate in the Standard Benefits Plans, which shall be determined solely in accordance with the terms and conditions applicable to such plans.

  • The Employer shall pay its share of weekly dental and vision premium costs in accordance with the Standard Benefits Plans.

  • Employees who have been employed for less than one year as of the measurement date shall be classified as full-time or part-time in accordance with the procedures used by the Employer to classify partial-year employees under the Standard Benefits Plans.

  • The Union further agrees that the Employer, as Plan Sponsor of the Standard Benefits Plans, has reserved the right to unilaterally amend, modify or terminate the Standard Benefits Plans, in whole or in part, without bargaining with the Union.

Related to Standard benefits

  • Severance Benefits mean the payment of severance compensation as provided in Section 2.3 herein.

  • Medical Benefits means medical, optical, or dental benefits, including, but not limited to, hospital and physician services, prescription drugs, and related benefits.

  • Compensation and Benefits Programs means all compensation and benefit plans, policies, and programs of the Debtors, and all amendments and modifications thereto, applicable to the Debtors’ employees, former employees, retirees, and non-employee directors and the employees, former employees and retirees of their subsidiaries, including all savings plans, retirement plans, health care plans, disability plans, and incentive plans, deferred compensation plans, and life, accidental death, and dismemberment insurance plans.

  • Severance Payments shall have the meaning set forth in Section 6.1 hereof.

  • Termination Compensation means a monthly cash amount equal to one-twelfth (1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).