BENEFITS & PENSION. [a] The new FlexMedia benefit plan for all full-time employees of Sun Media will be applicable to all full-time employees covered by this collective agreement and these employees will participate in such plan, effective October 31, 2010. The prior benefit program shall remain in place until Flex Media is implemented. The terms and conditions of the new benefits plan, including coverage of benefits, shall be no less than those described and disclosed to the union during negotiations. The parties agree to cost protection as described in the memo from Xxxxx Xxxxxxx to Xxxxxx Law dated April 29, 2010, with attachments. Part-time employees will continue to be covered under the prior benefit program (as outlined in the collective agreement having an expiry date of June 11, 2009) if they so qualify. If, during the term of this collective agreement, a new benefit plan is introduced for all part-time employees of Sun Media, then that plan will be applicable to all part-time employees covered by this collective agreement and these employees will participate in such plan with the union’s consent, which shall not be unreasonably withheld. [b] Employees covered by this collective agreement shall be enrolled in The Sun Media Pension Plan for Unionized employees (LFP) effective thirty (30) days from date of ratification.
BENEFITS & PENSION. 32.1 The Board agrees to provide health benefit coverage for school bus drivers as follows:
BENEFITS & PENSION. Indefinite Term employees shall be required to join the University Pension Plant should they meet one quarter (25%) percent of the Yearly Maximum Pensionable Earnings (YMPE) over two (2) consecutive years. Indefinite Term employees may join the University Pension Plan but are not obligated to do so until they meet one quarter (25%) of the YMPE. Health: Indefinite Term employees shall be required to complete twelve (12) months of continuous service with a minimum of seventeen point five (17.5) hours worked per week in order to qualify for the University Group Life Insurance, Long Term Disability, Extended Health and Dental Plan. Access to benefits will begin after the twelve (12) months of continuous service and will not be applied retroactively to the start date.
BENEFITS & PENSION. 22.01 Effective after three months following ratification: Group Insurance Benefits
BENEFITS & PENSION. 22.01 The Employer agrees to pay premiums to a group insurance carrier to provide the following benefits:
BENEFITS & PENSION. 17.01 (a) The Employer shall provide a pension plan and employee contributions to that plan shall be up to 6% percent of gross earnings, with a matching contribution by the Employer.
BENEFITS & PENSION. Upon his termination of employment, Employee shall be entitled to aggregate annual retirement income of $125,000 consisting of (1) Employee’s accrued benefit under the Pension Plan for Employees of American Water Works Company, Inc. and its Designated Subsidiaries (the “Pension Plan”), (2) the Employee’s benefit under the Company’s Supplemental Executive Retirement Plan and/or the Supplemental Retirement Plan (collectively, the “SERP”), and (3) any additional payments necessary to reach an aggregate of $125,000, provided that Employee’s employment:
BENEFITS & PENSION. 22.01 The Employer agrees to pay one hundred percent (100%) of the cost of the premiums for all employees, other than probationary employees, shall be covered for medical benefit plan coverage as outlined herein, provided they have worked two (2) or more days in a calendar months.
BENEFITS & PENSION. (all benefits changes effective 1/1/2018)
