Group Life and AD&D Sample Clauses

Group Life and AD&D. 39.01 The eligibility of Employees to participate in the Group Life Insurance Plan is subject to Article 2 (Application of Agreement) and participation is a condition of employment for all eligible Employees. Employees shall be covered to the greater of one hundred thousand dollars ($100,000) or two and one-half (2 ½) times their basic annual salary. The Board shall pay the monthly premium costs for insurance coverage pursuant to Clause 39.01.
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Group Life and AD&D. The College will pay two-thirds (2/3) of the premium costs for group life and AD&D insurance for the following employees subject to the payment of the balance of the premiums by employees through payroll deductions.
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Group Life and AD&D. The College will pay two-thirds (2/3) of the premium costs for group life and ad&d insurance for the following employees subject to the payment of the balance of the premiums by employees through payroll deductions. Employees must be employed for a minimum of six (6) consecutive months to qualify for benefits. If these employees are re-employed in successive years for six (6) continuous months or more, continuation of benefits shall be permitted where plans permit. In addition, these employees shall be eligible to continue participation in the group medical and dental plans where plans permit, provided they pay the full premiums for periods between College employment. Such coverage will be implemented only at the request of the employee, and the full premiums for such coverage must be paid to the College in advance prior to the last working day in the active employment period. If it is later determined that such an employee will not be re-employed by the College in the following employment period, such coverage will cease immediately and the employee will be refunded any advanced premiums paid for periods beyond the date coverage is terminated.
Sample 1
Group Life and AD&D. (a) Effective January 1st, 2002 and for the life of this Collective Agreement, the Company will provide Group Life Insurance and Accidental Death and Dismemberment Insurance in the amount of $75,000 for employees actively at work on that day. Employees not actively at work on the above named days shall only be provided increased insurance coverage upon their return to active employment.
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Related to Group Life and AD&D

  • Group Life (a) The Employer shall provide a mutually acceptable Group Life Plan with benefits equivalent to twice an Employee's annual salary, (for Employees aged under 45, three (3) times the Employee's annual salary) with a sixty thousand ($60,000) dollar minimum. The Employer shall pay one hundred percent (100%) of the premium on the sixty thousand dollar ($60,000) base and the Employee shall pay the premium for any insurance over sixty thousand dollars ($60,000).

  • Group Life Insurance The Hospital shall contribute one hundred percent (100%) toward the monthly premium of HOOGLIP or other equivalent group life insurance plan in effect for eligible full-time employees in the active employ of the Hospital on the eligibility conditions set out in the existing Agreements.

  • Optional Group Life Insurance Subject to the provisions of the Plan, eligible employees shall be entitled to purchase optional Group Life Insurance coverage in units of ten thousand dollars ($10,000) up to a maximum of two hundred and fifty thousand dollars ($250,000). The employee shall pay one hundred percent (100%) of the premiums for the optional coverage.

  • Group Life Insurance Plan Section 1 - Eligibility Regular full-time and regular part-time employees who are on staff January 1, 1979 or who join the staff following this date shall, upon completion of the three-month probationary period, become members of the Group Life Insurance Plan as a condition of employment.

  • Retiree Life Insurance Employees who retire under the Monroe County Employees' Retirement System shall be eligible for $4,000.00 term life insurance. All employees hired by the Employer on or after October 1, 2007 shall not be eligible for Retiree Life Insurance.

  • HEALTH AND LIFE INSURANCE The Sheriff will continue to offer to employees of this bargaining unit the same health and life insurance programs being offered to other Sheriff’s Office employees. Due to the changing nature of the health insurance market, the Sheriff retains the right during the term of this Agreement to develop plan changes or to change carriers in order to reduce costs or for other reasons. Changes to the level and types of benefits shall be subject to bargaining as provided by law. Rates paid by the employee will be established by the Sheriff.

  • Benefit Provisions The following benefits will be provided to employees based on eligibility requirements in the local collective agreements:

  • Group RRSP 24:01 The University agrees to provide a Group RRSP (GRRSP) with the following features:

  • Hospitals of Ontario Voluntary Life Insurance Plan The Hospital also agrees to make the Hospitals of Ontario Voluntary Life Insurance Plan (HOOVLIP) available to the nurses subject to the provisions of HOOVLIP at no cost to the Hospital.

  • Paid Up Life Policy At age sixty-five (65) or the date of retirement, an employee who has carried optional employee life insurance for the five (5) consecutive years immediately preceding the date of the employee’s retirement or age sixty-five (65), whichever is later, shall receive a post-retirement paid-up life insurance policy in an amount equal to fifteen

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