Welfare Benefits definition

Welfare Benefits means the types of benefits described in Section 3(1) of ERISA (whether or not covered by ERISA).
Welfare Benefits means medical, prescription, dental, disability, employee life, group life, accidental death, and travel accident insurance (whether funded by insurance policy or self-insured by the Company or any Subsidiary) provided or arranged by the Company or any Subsidiary to be provided to its employees.
Welfare Benefits means benefits providing for coverage or payment in the event of Executive’s death, disability, illness or injury that were provided to Executive immediately before a Change in Control, whether taxable or non-taxable and whether funded through insurance or otherwise, including without limitation all life and health insurance coverage.

Examples of Welfare Benefits in a sentence

  • Bus Driving Assignments 19 ARTICLE 7: HEALTH AND WELFARE BENEFITS 20 7.1. Health and Welfare Eligibility 20 7.2. Health and Welfare Plan Information 20 7.3. Pro-Rata Benefits 21 7.4. Continuance of Coverage 21 ARTICLE 8: RETIREMENT BENEFITS 22 ARTICLE 9: COMPENSATION 24 9.1. Employment Status 24 9.2. Salary Schedule 24 9.3. Paychecks 25 9.4. Payroll Errors 25 9.5. Salary Step Placement for New Hires 25 9.7. Promotion 25 9.8. Longevity Pay 26 9.9. Anniversary Date 26 9.10.

  • ARTICLE HEALTH AND WELFARE BENEFITS Health and Welfare benefits shall be provided by the Healthcare Benefit Trust or another competitive carrier who is able to supply equivalent coverage.

  • LETTER OF UNDERSTANDING RE: HEALTH &WELFARE BENEFITS The parties hereby recognize that the provision of Health Welfare Benefits represents a serious escalating cost to the Company that must be judiciously controlled in order for the Company to continue to provide these benefits.

  • HEALTH WELFARE BENEFITS The Company will continue the Group Insurance coverage available to full-time employees provided that the Company reserves the right to change the carrier of such coverage as it may see fit, provided that benefit will not be reduced as a result of such change.

  • JOB SHARE HEALTH AND WELFARE BENEFITS AGREEMENT I, , and I, , wish to enter into an agreement to share our out-of-pocket expenses for Health and Welfare benefits while we are job sharing.


More Definitions of Welfare Benefits

Welfare Benefits means Employee Benefits that are provided under any “welfare plan” (within the meaning of Section 3(1) of ERISA) of the Company, and fringe benefits and other perquisites of employment, such as car allowances, club dues, financial planning and product discounts.
Welfare Benefits has the meaning set forth in Section 7.
Welfare Benefits means Employee Benefits that are provided under any “welfare plan” (within the meaning of Section 3(1) of ERISA) of the Company.
Welfare Benefits has the meaning set forth in Section 5.5(c).
Welfare Benefits means the Black Hills Corporation Medical and Dental Plan, the Black Hills Corporation Flexible Benefit Plan, and the Black Hills Corporation Employee Life and long-Term Disability Plan, and the Short-Term Disability Plan, as the plans and the terms and conditions thereof exist on the day prior to the Effective Date. Following the Employee’s Termination Date, the term Welfare Benefits shall not include a “flexible spending arrangement” (within the meaning of Proposed Regulation Section 1.125-5(a) or subsequent authoritative guidance).
Welfare Benefits has the meaning specified in Section 10(c).
Welfare Benefits shall include, without limitation, all life, dental, health, accident and disability benefit plans, other similar welfare plans, and any equivalent successor policy, plan, program or arrangement that may now exist or be adopted hereafter by the Company or a Subsidiary. Notwithstanding the foregoing, with respect to any Welfare Benefits provided through an insurance policy, the Company's obligation to provide such Welfare Benefits following a Change in Control shall be limited by the terms of such policy; provided, however, that (i) the company shall make reasonable efforts to amend such policy to provide the continued coverage described in this Section 2(a) and (ii) if such policy is not amended to provide the continued benefits described in this Section 2(a), the Company shall pay Executive's cost of comparable replacement coverage.