Scope of benefits Sample Clauses

Scope of benefits. Company shall provide only the benefits described in this Certificate. Covered Person shall be responsible for payment of:
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Scope of benefits. A change to the scope of the Health and Welfare Benefits is subject to negotiations for the subsequent years of this Agreement. Definitions: Benefits Cap – the average FTE allocation required for Benefits Package coverage paid July through September at prior year Composite Rate for all coverages and costs October through June at current fiscal year composite rate. Benefits Package – medical, dental, vision, life, Employee Assistance Program (EAP) and administrative costs for coverage provided to employees and retirees as recommended by the Joint Benefits Team (JBT) and adopted by CSEA. For each subsequent year, unless otherwise mutually agreed, if the then existing funded Health and Welfare Benefit Unit Cap is insufficient to cover the full cost of the benefits program as calculated by the District in a manner consistent with past practice and approved by this Agreement then plan modifications to reduce the coverage profile cost to an amount within the funded cap may be made by the JBT and adopted by CSEA, or effective for the first premium payment for the respective fiscal year covered by this Agreement the residual dollar amount required beyond the funded cap shall be made by employee contribution paid through employee payroll deduction on a tenthly basis. The JBT shall be responsible for making recommendations to the administration and constituent groups regarding: health insurance carriers, levels of coverage, plan design and changes to the coverage, premium schedules for full-time bargaining unit members, and pro-rated deduction schedules for less than full-time members, Section 125 Plan design, and other health insurance-related issues. The JBT shall make a recommendation to the negotiating teams each year. This recommendation follows receipt of information from health benefit consultant which is anticipated to occur in April.
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Scope of benefits. The Parties each specifically undertake and agree that the provisions of this Confidential Information Agreement are for the benefit of the Disclosing Party and its successors and assigns and transferees and that each such Person may seek or enforce his or its rights hereunder as third-party beneficiaries or as primary beneficiaries, as the case may be. Nothing contained in this Confidential Information Agreement shall be construed to create or imply any obligation on the part of the Disclosing Party or Recipient to enter into any proposed transaction with each other.
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Scope of benefits. The Town of Tiburon provides the 3% @ Age 55 Cal-PERS Local Safety retirement formula for sworn personnel, and the 2% @ Age 55 Local Miscellaneous retirement formula for full-time non-sworn personnel covered under this Memorandum of Understanding. Part-time employees covered under this Memorandum of Understanding shall accrue retirement benefits under the Town's part-time, seasonal, temporary employee retirement plan administered by the Hartford Life Insurance Company. The Town contributes its employer required amount of retirement benefit as stipulated each year by Cal-PERS as well as nine percent (9%) of all full-time Local Safety employee's monthly retirement contribution, and (7%) of all full-time Local Miscellaneous employee's monthly retirement contributions. Part-time employees contribute 3.75% to the part-time, seasonal, temporary retirement plan, with the Town providing a matching contribution. The Town of Tiburon provides sworn employees retirement benefits based on the Cal-PERS three (3) year average salary calculation. The Town provides the single highest year retirement calculation for Local Miscellaneous Members covered under this Memorandum. The Town of Tiburon provides the following additional Cal-PERS benefits to employees covered under this Memorandum of Understanding:
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Scope of benefits. (a) You agree that during 1998 the total value of benefits that may be paid to you under the KEESA (as reduced by the provisions of Section 9(b) thereof) is $614,771. This amount is one dollar less than the product obtained by multiplying (i) the average of the compensation paid to you by the Company and its affiliates (as reflected in Box 1 of your Form W-2s) for the five calendar years ended December 31, 1997, by (ii) three (3).
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Scope of benefits. The responsibility of the Employer under this Agreement to provide LTD, medical, dental, EAP, life insurance or other health and welfare benefits is discharged by the provision, through a third party carrier, of a plan acceptable to the Union that is in compliance with this Article 21. Liability for payment in such case is limited to premium payments with respect to the plan in question. It is mutually understood that any change of plan and/or carrier will occur without loss of benefits and that the benefits covered under this article are effective in accordance with the terms of the plan, including any waiting periods.
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Scope of benefits 
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Related to Scope of benefits

  • Payment of Benefits Any amounts due under this Agreement shall be paid in one (1) lump sum payment as soon as administratively practicable following the later of: (i) Xx. Xxxxxx'x Termination Date, or (ii) upon Xx. Xxxxxx'x tender of an effective Waiver and Release to the Company in the form of Exhibit A attached hereto and the expiration of any applicable revocation period for such waiver. In the event of a dispute with respect to liability or amount of any benefit due hereunder, an effective Waiver and Release shall be tendered at the time of final resolution of any such dispute when payment is tendered by the Company.

  • Coordination of Benefits The coordination of benefits (COB) provision applies when a Member has health care coverage under more than one plan. Plan is defined below. The order of benefit determination rules govern the order in which each plan will pay a claim for benefits. The plan that pays first is called the primary plan. The primary plan must pay benefits according to its policy terms without regard to the possibility that another plan may cover some expenses. The plan that pays after the primary plan is the secondary plan. In no event will a secondary plan be required to pay an amount in excess of its maximum benefit plus accrued savings. If the Member is covered by more than one health benefit plan, and the Member does not know which is the primary plan, the Member or the Member’s provider should contact any one of the health plans to verify which plan is primary. The health plan the Member contacts is responsible for working with the other plan to determine which is primary and will let the Member know within 30 calendar days. All health plans have timely claim filing requirements. If the Member or the Member’s provider fails to submit the Member’s claim to a secondary health plan within that plan’s claim filing time limit, the plan can deny the claim. If the Member experiences delays in the processing of the claim by the primary health plan, the Member or the Member’s provider will need to submit the claim to the secondary health plan within its claim filing time limit to prevent a denial of the claim. If the Member is covered by more than one health benefit plan, the Member or the Member’s provider should file all the Member’s claims with each plan at the same time. If Medicare is the Member’s primary plan, Medicare may submit the Member’s claims to the Member’s secondary carrier.

  • Forfeiture of Benefits This Agreement is subject to termination by Company at any time and without stated cause prior to the date the Executive attains age 65, or such earlier date as the Executive and Company may mutually agree (the “Vesting Date”). In the event Company shall terminate this Agreement prior to the Vesting Date, Executive shall forfeit all rights to receive any payment provided for herein. Likewise, in the event Executive’s employment is terminated prior to his Vesting Date, either voluntarily or involuntarily, for reasons other than his death, Executive shall forfeit all rights to receive any payment provided for herein. Executive acknowledges and agrees that, prior to the earlier of his death or Vesting Date, nothing contained herein shall be construed as conferring upon Executive any vested benefits or any vested rights to receive any payment provided for herein.

  • Limitation of Benefits (a) Anything in this Agreement to the contrary notwithstanding, in the event it shall be determined that any benefit, payment or distribution by the Company to or for the benefit of the Executive (whether payable or distributable pursuant to the terms of this Agreement or otherwise) (a "Payment") would, if paid, be subject to the excise tax imposed by Section 4999 of the Code (the "Excise Tax"), then the Payment shall be reduced to the extent necessary to avoid the imposition of the Excise Tax. The Executive may select the Payments to be limited or reduced.

  • Termination of Benefits Except as provided in Section 2 above or as may be required by law, Executive’s participation in all employee benefit (pension and welfare) and compensation plans of the Company shall cease as of the Termination Date. Nothing contained herein shall limit or otherwise impair Executive’s right to receive pension or similar benefit payments that are vested as of the Termination Date under any applicable tax-qualified pension or other plans, pursuant to the terms of the applicable plan.

  • Nonduplication of Benefits Notwithstanding any provision in this Agreement or in any other Employer benefit plan or compensatory arrangement to the contrary, but at all times subject to Section 7.4, (a) any payments due under Section 7.1, Section 7.2 or Section 7.3 shall be made not more than once, if at all, (b) payments may be due under Section 7.1, Section 7.2 or Section 7.3, but under no circumstances shall payments be made under all of or any combination of Section 7.1, Section 7.2 and Section 7.3, (c) no payments made under Sections 7.1, 7.2 and 7.3 this Agreement shall be considered compensation for purposes of any benefit plan or compensatory arrangement of Employer, and (d) Executive shall not be entitled to severance benefits from Employer other than as contemplated under this Agreement, unless such other severance benefits offset and reduce the benefits due under this Agreement on a dollar-for-dollar basis, but not below zero.

  • Commencement of Benefits The benefits commence six (6) months from the date that disability began, which shall include the period of payment under the terms of the Short Term Income Protection Plan. Proof of disability must be submitted within six (6) months following the Qualifying Period.

  • Continuation of Benefits Following the termination of Executive’s employment hereunder, the Executive shall have the right to continue in the Company’s group health insurance plan or other Company benefit program as may be required by COBRA or any other federal or state law or regulation.

  • Calculation of Benefits Immediately following delivery of any Notice of Termination, the Company shall notify the Executive of the aggregate present value of all termination benefits to which he would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date of Termination, together with the projected maximum payments, determined as of such projected Date of Termination that could be paid without the Executive being subject to the Excise Tax.

  • Distribution of Benefits Members of this unit with at least one year of the service to the District may apply for a number of days consistent with a one-for-one match of their individual sick leave accumulation as of the end of the previous contract year brought forward to the year of the onset of disability. The combined benefit of accumulated personal sick leave and disability bank leave may not exceed one hundred-eighty days and may carry over from one contract year to another. Employees with less than one full year of service in the District will not be require to contribute one of their individual accumulated sick leave days to the disability bank. The Board reviews the right to request re-application and documentation from anyone requesting more than forty (40) days from the pool. Any benefits will be minus other insurance coverage (i.e. worker’s compensation, social security, etc.).

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