Supplemental Benefit Plan. 21.01 The Company agrees to provide for each hourly paid employee, a layoff, sickness, injury or short week benefit plan. In order to be entitled to benefits under the Supplemental Benefit Plan an individual must have been an employee of the Company for a minimum period of twelve (12) months. The details of the plan are as follows: Layoff benefits
Supplemental Benefit Plan. EMPLOYEE shall be entitled to participate, either individually or through a separate trust or entity, in a Supplemental Death Benefit Agreement (“Plan”) with an insurer of EMPLOYEE’s election, as follows:
Supplemental Benefit Plan. “Supplemental Benefit Plan,” when immediately preceded by “Clearwater,” means the Potlatch Forest Products Corporation Salaried Employees’ Supplemental Benefit Plan II. When immediately preceded by “Potlatch,” “Supplemental Benefit Plan” means the non-qualified supplemental excess benefit retirement plan to be established by Potlatch pursuant to Sections 2.2 and 5.1 that corresponds to the Clearwater Supplemental Benefit Plan.
Supplemental Benefit Plan. (a) On an annual basis (first week of September), the University will provide $275,000 a pool of money for the supplemental benefits plan for employees covered by the terms of the Unit 1 and 2 Agreements. The value of the pool will be as follows: 2019/20 - $300,000 2020/21 - $325,000 2021/22 - $350,000 2022/23 and every year thereafter - $375,000 (Clarification note: the amount noted above is the combined total for both the Unit 1 and Unit 2 Agreements). Members apply through the Union to receive benefits.
Supplemental Benefit Plan. In addition to the above contribution, the District will contribute the following amount per month for the supplemental benefit plan. See accompanying chart for specific contributions based on an individual’s percentage of contract. District Contribution SY 2017 - 18 & 2018 - 19 Salary Step 60% contract or greater 50% - 59% contract 1-3 $220 $110 4-19 $394 $284 20 and greater $220 $110 Effective with the 2006 - 2007 school year, nurses newly hired may use the supplemental benefit contribution for the following options in the benefit program: medical insurance, dental insurance, vision insurance, cancer insurance, accident insurance, cost of dependent coverage, healthcare reimbursement, or dependent care reimbursement. Nurses who were under contract during the 2005 - 2006 school year and continuously thereafter shall have the additional option to convert unused benefit contributions to additional compensation. Effective July 1, 2014, according to federal law, employees who participate in the Flexible Spending Account (FSA) will have up to $41.66 per month, ($500.00 Employer Contribution) of the supplemental benefit contributed to their FSA. Additionally, employee may elect to contribute an additional $2,500.00 to their FSA (an additional $208.33 per month) from their salary for a total of $3,000.00 annually.
Supplemental Benefit Plan. The Company shall provide the Executive various retirement benefits under the provisions of the Company’s Supplemental Benefit Plan as described in Exhibit A attached hereto. The Company may, from time to time, amend the Supplemental Benefit Plan prospectively.
Supplemental Benefit Plan. (a) Establishment of Southern Energy Supplemental Benefit Plan. Effective as of the Distribution Date, Southern Energy shall establish the Southern Energy Supplemental Benefit Plan which shall be comparable to the Southern Supplemental Benefit Plan. As of the Distribution Date, Southern Energy shall assume all Liabilities to or relating to the Southern Energy Employees under the Southern Supplemental Benefit Plan. As of the Distribution Date, Southern shall assume all Liabilities to or relating to Southern Energy Retired Employees under the Southern Supplemental Benefit Plan.
Supplemental Benefit Plan. 22.01 Unless stipulated otherwise in this agreement, the Employer agrees to pay to the Roofers Local No. 153Supplemental Benefit Plan, a defined contribution pension plan to be created and operated pursuant to an Agreement and Declaration of Trust, the sums of money allocated in Article VII for all hours worked by all employees covered by this Collective Bargaining Agreement. Such hourly contributions shall be paid commencing with the first hour of employment for such employees and payable on or before the tenth (10th) day of the month following the month of employment.
Supplemental Benefit Plan. (a) On an annual basis (first week of September), the University will provide $275,000 for the supplemental benefits plan for employees covered by the terms of the Unit 1 and 2 Agreements. (Clarification note: the amount noted above is the combined total for both the Unit 1 and Unit 2 Agreements). Members apply through the Union to receive benefits.
Supplemental Benefit Plan. SUB plan benefits will only be paid in the case of unemployment caused by a temporary stoppage of work. employee that meets the above service requirements shall be eligible to receive during layoff, up to four (4) weeks pay calculated at the rate of one hundred dollars ($100.00) per work week. for an employee with over twelve (12) months service, one (1) week's layoff shall be added for each three (3) months of service in excess of the Initial twelve (12) months. Examples of these payments are set out in the schedule which follows:
