BENEFITS AND RETIREMENT Sample Clauses

BENEFITS AND RETIREMENT. 20.01 Benefits and Company Pension 29 20.02 Employer and Employee Contributions 32 20.03 Pension Contributions 34
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BENEFITS AND RETIREMENT. 18.01 Group benefits as outlined in the group benefits handbook (Green Xxxxxxx Canada, Senior Management classification, effective April 1, 2014) will be available to eligible full time employees upon the commencement of employment, under the terms and conditions of the plans. Effective the date of the first collective agreement arbitration award, vision care coverage is increased to $250 every 24 months. All premiums for the extended health benefits above will be 100% paid by the Employer. Premiums for dental benefits will be split 50/50% between employer and employee. In the event of any variation between the information in the group benefits handbook and the provisions of the policy, the Group Policy will prevail.
BENEFITS AND RETIREMENT. Medical: • Required Medical Plans: o Core Medical PPO o Core Medical EPO o Core Medical High Deductible Health Plan with Health Savings Account o Traditional Medical PPO o Select Regional Medical PlansFlight Attendants Based in International Locations: o Traditional Medical PPO o Core Medical PPO • Guam Flight Attendants: o Traditional Medical PPO o Core Medical PPO o Select Regional Medical Plan • Additional Optional Medical Plans offered by the Company o Build Your Own • 80/20 Cost Sharing. • HMO cost sharing to be phased in through 2020 • Annual premium increases capped at 9.25% per year. • Plan terms for Required Medical Plans cannot be changed without Union approval. • Flexible Spending Account (FSA) Dental: • Standard Family Dental PPO • Optional Dental Plans Other BenefitsLong Term Disability Insurance o Coverage of 50-60% of monthly salary ▪ 60% of cost paid by Company ▪ 120-270 day waiting period • Company-Paid Life Insurance o $40,000 employee o $3,500 spouse o $1,500 child • Group Universal Life o Employee paid Retirement: • Pre-Merger CAL Flight Attendants: o CARP - status quo o 401(k) Company match – status quo ▪ Up to 3% • Pre-Merger CMI Flight Attendants: o Increase Company contribution to IAMNPP: ▪ $1.00 hourly contribution rate 2016 ▪ $1.70 hourly contribution rate 2017 ▪ $1.70 hourly contribution rate 2018 ▪ $1.80 hourly contribution rate 2019 ▪ $1.85 hourly contribution rate 2020 o 401(k) Company match – status quo ▪ Up to 3% • Pre-Merger UAL Flight Attendants: o 401(k) Company paid direct contribution 5% o 401(k) Company match contribution 3% • Retiree Medical o Status quo o Sunset qualification for status quo benefits after 15 years Investigation & Grievances • Investigations: o Entitled to Union representative. o Provided with copies of all documents. o May be held out of service for no longer than 14 days with pay. o Notified of discipline/discharge within 15 days after investigatory meeting. o Not able to be disciplined later than 30 days after inflight management knowledge of incident.
BENEFITS AND RETIREMENT. 18.01 Group benefits as outlined in the group benefits handbook (Green Shield Canada, Senior Management classification, effective April 1, 2014) will be available to eligible full time employees upon the commencement of employment, under the terms and conditions of the plans. Effective April 1, 2022, vision care coverage is increased to $350 every 24 months. This may include the cost of an eye exam every 24 months. All premiums for the extended health benefits above will be 100% paid by the Employer. Premiums for dental benefits will be split 50/50% between employer and employee. In the event of any variation between the information in the group benefits handbook and the provisions of the policy, the Group Policy will prevail. Effective April 1, 2022 Dental benefits Basic Services and Comprehensive Basic Services is increased to $ 2500/-.
BENEFITS AND RETIREMENT. The Board agrees to contribute one hundred percent 00%) of the Ontario Health Insurance Pianfor all employees participating. Normal retirement for all employees shall take place on the first working day of the calendar month following the month in which the employee reached sixty-five (65) years of age. Regular full-time employees must participate in by employees and Employer shall be made in accor- dance with appropriate legislation.
BENEFITS AND RETIREMENT. The City agrees to allow the Union to purchase its own medical, dental and vision plans through the Northwest Fire Fighters Benefits Trust (NWFFT).
BENEFITS AND RETIREMENT 
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Related to BENEFITS AND RETIREMENT

  • Severance and Retirement Options (a) (i) Where an employee resigns within 30 days after receiving notice of layoff pursuant to article 14.02 (a)(ii) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks' salary for each year of continuous service to a maximum of sixteen (16) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars.

  • Post-Retirement Employment Unit members who retire from the University during the term of this Agreement may propose a post-retirement appointment of up to three years duration. During this post-retirement appointment, the total of retirement benefits and post-retirement salary paid by the University shall not exceed the salary paid at the time of retirement. The annual compensation received from the University for the post-retirement appointment shall not exceed fifty (50) percent of the annual salary at the time of retirement. The duties for a post-retirement appointment shall be defined and agreed to in writing by the bargaining unit member and the Employer/University Administration prior to the bargaining unit member's retirement. Such appointments are at the discretion of the Employer/University Administration and are subject to existing law and all rules and regulations of the State Retirement Board. The decision of the Employer/University Administration not to approve a proposal for a post-retirement appointment shall not be grievable under the Grievance and Arbitration Procedure, Article 7.

  • INSURANCE AND RETIREMENT Each teacher shall be entitled to fringe benefits provided by this agreement and by federal regulations provided by Cobra (Consolidated Omnibus Budget Reconciliation Act of 1985). These shall include but not be limited to the following:

  • PENSIONS AND RETIREMENT 13.01(a) All employees enrolled in the Ontario Municipal Retirement System (OMERS) as of January 1, 1998, shall continue to participate in the OMERS plan.

  • Pre-Retirement Leave An employee scheduled to retire and to receive a superannuation allowance under the applicable Superannuation Act(s), or who has reached the mandatory retiring age, shall be entitled to:

  • Resignation and Retirement Any Trustee may resign his trust or retire as a Trustee, by written instrument signed by him and delivered to the other Trustees or to any officer of the Trust, and such resignation or retirement shall take effect upon such delivery or upon such later date as is specified in such instrument.

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • Deferred Retirement a. An employee who, upon separation from County service, is eligible for paid retirement and elects deferred retirement must defer participation in the Grant until such time as he or she becomes an active retiree.

  • Retirement Retirement" shall mean voluntary termination by the Executive in accordance with the Employers' retirement policies, including early retirement, generally applicable to their salaried employees.

  • Re-employment After Retirement Employees who have reached retirement age as prescribed under the Pension (Municipal) Act and continue in the Employer's service, or are re-engaged within three (3) calendar months of retirement, shall continue at their former increment step in the pay rate structure of the classification in which they are employed, and the employee's previous anniversary date shall be maintained. All perquisites earned up to the date of retirement shall be continued or reinstated.

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