Common use of Life Insurance Upon Retirement Clause in Contracts

Life Insurance Upon Retirement. 32.1 An employee who retires from the service of the Company subsequent to January 1, 2001, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 life insurance policy, fully paid up by the Company. Effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policy, fully paid up by the Company.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Life Insurance Upon Retirement. 32.1 22.1 An employee who retires from the service of the Company subsequent to January 1, 20011991, will, provided s\he he is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 life insurance policy, fully paid up by the Company. Effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance 7,000.00 Life Insurance policy, fully paid up by the Company.

Appears in 4 contracts

Samples: Wage Agreement, Wage Agreement, Wage Agreement

Life Insurance Upon Retirement. 32.1 27.01 An employee who retires from the service of the Company subsequent to January 1, 2001, 1991 will, provided s\he he is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 5,000 life insurance policy, fully paid up by the Company. Effective $7,000 effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policy2004, fully paid up by the Company.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Life Insurance Upon Retirement. 32.1 An employee who retires from the service of the Company Corporation subsequent to January August 1, 2001, will, provided s\he he is 55 years of age or over and has not less than ten 10 years' cumulative compensated service, be entitled, entitled to the sum of $8,000.00 payable to his estate upon retirement, to a $6,000 life insurance policy, fully paid up by the Companyhis death. Effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policy, fully paid up by the Company.DENTAL PLAN

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Life Insurance Upon Retirement. 32.1 An employee 25.1 Employees who retires retire from the service of the Company subsequent to January 1, 20011991, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 life insurance policy, fully paid up by the Company. Effective January 1, 2003 an employee who retires from the service they are fifty-five years of the Company subsequent to January 1, 2003, will, provided s\he has age or over and have not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policypolicy up to age 70, and $5,000 thereafter, fully paid up by the Company.

Appears in 2 contracts

Samples: Agreement, Agreement

Life Insurance Upon Retirement. 32.1 40.1 An employee who retires from the service of the Company subsequent to January 1, 2001, will, provided s\he he is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 7,500 term life insurance policy, fully paid up by the Company. Effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policy, fully paid up by the Company.

Appears in 2 contracts

Samples: Agreement, Agreement

Life Insurance Upon Retirement. 32.1 26.1 An employee who retires from the service of the Company subsequent to January 1, 2001, will, provided s\he the employee is 55 years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 life insurance policy, fully paid up by the Company. Effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten 10 years' cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policy, fully paid up by the Company.

Appears in 2 contracts

Samples: Collective Agreement, www.cpkcr.com

Life Insurance Upon Retirement. 32.1 An employee 27.01 A member who retires from the service of the Company subsequent to January 1, 2001, 1991 will, provided s\he he is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 5,000 life insurance policy, fully paid up by the Company. Effective $7,000 effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policy2004, fully paid up by the Company.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Life Insurance Upon Retirement. 32.1 An employee 36.1 Employees who retires retire from the service of the Company subsequent to January 1, 20011991, will, provided s\he has they are fifty-five years of age or over and have not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 life insurance policy, fully paid up by the Company. Effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 5,000.00 life insurance policy, fully paid up by the Company.

Appears in 1 contract

Samples: negotech.labour.gc.ca

Life Insurance Upon Retirement. 32.1 An employee 30.1 Employees who retires retire from the service of the Company subsequent to January March 1, 20011988, will, provided s\he has they are fifty-five (55) years of age or over and have not less than ten (10) years' cumulative compensated service, be entitled, upon retirement, to a $6,000 life insurance policy, fully paid up by the Company. Effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 5,000 life insurance policy, fully paid up by the Company.

Appears in 1 contract

Samples: sp.ltc.gov.on.ca

Life Insurance Upon Retirement. 32.1 29.01 An employee who retires from the service of the Company subsequent to January 1, 2001, will, provided s\he the employee is 55 years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 life insurance policy, fully paid up by the Company. Effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten 10 years' cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policy, fully paid up by the Company.

Appears in 1 contract

Samples: Collective Agreement

Life Insurance Upon Retirement. 32.1 17.1 An employee who retires from the service of the Company subsequent to January 1, 2001, will, provided s\he he is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 7,500.00 term life insurance policy, fully . The premium is to be paid up by the Company. Effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policy, fully paid up by the Company.

Appears in 1 contract

Samples: Agreement

Life Insurance Upon Retirement. 32.1 39.1 An employee who retires from the service of the Company subsequent to 1 January 1, 2001, 1993 will, provided s\he he is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 life insurance policy, fully paid up by the Company. Effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 5,000 life insurance policy, fully paid up by the Company.

Appears in 1 contract

Samples: Agreement

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Life Insurance Upon Retirement. 32.1 40.1 An employee who retires from the service of the Company subsequent to January 1, 2001, will, provided s\he the employee is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 7,500 term life insurance policy, fully paid up by the Company. Effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policy, fully paid up by the Company.

Appears in 1 contract

Samples: Agreement

Life Insurance Upon Retirement. 32.1 An employee who retires from the service of the Company subsequent to January 1, 2001, will, provided s\he he is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 life insurance policy, effective January fully paid up by the Company. Effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policy, fully paid up by the Company.ARTICLE

Appears in 1 contract

Samples: Collective Agreement

Life Insurance Upon Retirement. 32.1 23.1 An employee who retires from the service of the Company subsequent to January March 1, 2001, 1988 will, provided s\he he is fifty-five years of age or over and has not less than ten years' years cumulative compensated service, be entitled, upon retirement, to a $6,000 5,000 life insurance policy, fully paid up by the Company. Effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policy, fully paid up by the Company.

Appears in 1 contract

Samples: negotech.labour.gc.ca

Life Insurance Upon Retirement. 32.1 17.4 An employee who retires from the service of the Company subsequent to January 1, 2001, 1991 will, provided s\he such employee is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, entitled upon retirement, to a $6,000 5,000.00 life insurance policy, policy fully paid up by the Company. Effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policy, fully paid up by the Company.Bereavement Leave

Appears in 1 contract

Samples: Agreement

Life Insurance Upon Retirement. 32.1 20.5 An employee who retires from the service of the Company subsequent to January 1, 2001, will, provided s\he he is fifty-five (55) years of age or over and has not less than ten (10) years' cumulative compensated service, be entitled, upon retirement, to a $6,000 life insurance policy, fully paid up by the Company. Effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' ’ cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policy, fully paid up by the Company.. Job Security -- Technological, Operational, Organizational Changes Agreement

Appears in 1 contract

Samples: Wage Agreement

Life Insurance Upon Retirement. 32.1 24.1 An employee who retires from the service of the Company subsequent to January 1, 2001, will, provided s\he he is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 7,500.00 life insurance policy, fully . The premium is to be paid up by the Company. Effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policy, fully paid up by the Company.

Appears in 1 contract

Samples: Agreement

Life Insurance Upon Retirement. 32.1 An employee who retires from the service of the Company subsequent to January 1, 2001, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 life insurance policy, fully paid up by the Company. 23.1 Effective January 1, 2003 2006 an employee who retires from the service of the Company subsequent to January 1, 20032006, will, provided s\he has not less than ten years' years cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policy, fully paid up by the Company.

Appears in 1 contract

Samples: Collective Agreement

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