Common use of Life Insurance Upon Retirement Clause in Contracts

Life Insurance Upon Retirement. 34.1 An employee who retires from the service of the Corporation subsequent to August 1, 2001, will, provided he is 55 years of age or over and has not less than 10 years' cumulative compensated service, be entitled to the sum of $8,000.00, payable to his estate upon his death.

Appears in 9 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Life Insurance Upon Retirement. 34.1 An employee 31.1 Employees who retires retire from the service of the Corporation Company subsequent to August January 1, 2001, 2001 will, provided he is 55 they are fifty five years of age or over and has have not less than 10 ten years' cumulative compensated service, be entitled entitled, upon retirement, to a $6,000.00 life insurance policy, fully paid up by the sum of $8,000.00, payable to his estate upon his deathCompany.

Appears in 6 contracts

Samples: Agreement, negotech.labour.gc.ca, Agreement

Life Insurance Upon Retirement. 34.1 32.1 An employee who retires from the service of the Corporation subsequent to August 1, 2001, will, provided he is 55 years of age or over and has not less than 10 years' cumulative compensated service, be entitled to the sum of $8,000.00, 8,000.00 payable to his estate upon his death.

Appears in 6 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Life Insurance Upon Retirement. 34.1 19.1 An employee who retires from form the service of the Corporation Company on or subsequent to August March 1, 20012006, will, provided he is 55 fifty-five years of age or over and has not less than 10 ten years' cumulative compensated service, be entitled entitled, upon retirement, to a $7,000.00 life insurance policy, fully paid up by the sum of $8,000.00, payable to his estate upon his deathCompany.

Appears in 4 contracts

Samples: Collective Agreement, Agreement, Agreement

Life Insurance Upon Retirement. 34.1 47.1 (a) An employee who retires from the service of the Corporation Company subsequent to August April 1, 2001, will, provided he he/she is 55 fifty-five years of age or over and has not less than 10 ten years' cumulative compensated service, be entitled entitled, upon retirement, to a $6,000 death benefit, fully paid by the sum of $8,000.00, payable to his estate upon his deathCompany.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

Life Insurance Upon Retirement. 34.1 An employee who retires from the service of the Corporation Company on or subsequent to August 1, 20011 March 2007, will, provided he is 55 fifty-five years of age or over and has not less than 10 ten years' cumulative compensated service, be entitled entitled, upon retirement, to a $7,000.00 life insurance policy, fully paid up by the sum of $8,000.00, payable to his estate upon his deathCompany.

Appears in 4 contracts

Samples: Collective Agreement, negotech.labour.gc.ca, Collective Agreement

Life Insurance Upon Retirement. 34.1 31.1 An employee who retires from the service of the Corporation Company subsequent to August January 1, 20012003, will, provided he is 55 fifty-five years of age or over and has not less than 10 ten years' cumulative compensated service, be entitled entitled, upon retirement, to a $7,000 life insurance policy, fully paid up by the sum of $8,000.00, payable to his estate upon his deathCompany.

Appears in 2 contracts

Samples: Agreement, Agreement

Life Insurance Upon Retirement. 34.1 An employee who retires from the service of the Corporation Company subsequent to August January 1, 20011991, will, provided he is 55 they are fifty five years of age or over and has have not less than 10 ten years' cumulative compensated service, be entitled entitled, upon retirement, to a $5,000.00 life insurance policy, fully paid up by the sum of $8,000.00, payable to his estate upon his deathCompany.

Appears in 2 contracts

Samples: Collective Agreement, Union Dues Agreement

Life Insurance Upon Retirement. 34.1 84.1 An employee who retires from the service of the Corporation Company subsequent to August January 1, 2001, 2003 will, provided he is 55 fifty-five years of age or over and has not less than 10 ten years' cumulative compensated service, be entitled entitled, upon retirement, to a $7,000.00 life insurance policy, fully paid up by the sum of $8,000.00, payable to his estate upon his deathCompany.

Appears in 1 contract

Samples: Agreement

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Life Insurance Upon Retirement. 34.1 23.1 An employee who retires from the service of the Corporation Company subsequent to August January 1, 2001, 2001 will, provided he is 55 fifty-five years of age or over and has not less than 10 years' ten years cumulative compensated service, be entitled entitled, upon retirement, to a $6,000 life insurance policy, fully paid by the sum of Company. Effective January 1, 2003, this life insurance policy fully paid by the Company will be increased to $8,000.00, payable to his estate upon his death7,000.

Appears in 1 contract

Samples: Agreement

Life Insurance Upon Retirement. 34.1 31.1 An employee who retires from the service of the Corporation Company subsequent to August January 1, 20011991, will, provided he is 55 fifty-five years of age or over and has not less than 10 ten years' cumulative compensated service, be entitled entitled, upon retirement, to a $5,000 life insurance policy, fully paid up by the sum of $8,000.00, payable to his estate upon his deathCompany.

Appears in 1 contract

Samples: Agreement

Life Insurance Upon Retirement. 34.1 36.1 An employee who retires from the service of the Corporation Company subsequent to August March 1, 2001, 1988 will, provided he is 55 fifty-five years of age or over and has not less than 10 ten years' cumulative compensated service, be entitled entitled, upon retirement, to a $4,000.00 life insurance policy, fully paid up by the sum of $8,000.00, payable to his estate upon his deathCompany.

Appears in 1 contract

Samples: negotech.labour.gc.ca

Life Insurance Upon Retirement. 34.1 An employee who retires from the service of the Corporation subsequent to August 1, 2001, will, provided he he/she is 55 fifty-five years of age or over and has not less than 10 ten years' cumulative compensated service, be entitled to the sum of $8,000.00, payable to his his/her estate upon his death.

Appears in 1 contract

Samples: Benefit Plan Agreement

Life Insurance Upon Retirement. 34.1 23.1 An employee who retires from the service of the Corporation Company subsequent to August January 1, 2001, 2003 will, provided he is 55 fifty-five years of age or over and has not less than 10 years' ten years cumulative compensated service, be entitled entitled, upon retirement, to a $7,000 death benefit, fully paid by the sum of $8,000.00, payable to his estate upon his deathCompany.

Appears in 1 contract

Samples: Agreement

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