Plans and Benefits Sample Clauses

The "Plans and Benefits" clause defines the types of employee benefit plans and perks that are available to individuals covered by the agreement. It typically outlines eligibility for health insurance, retirement plans, paid time off, and other company-sponsored benefits, specifying which employees qualify and under what conditions. This clause ensures that both the employer and employees have a clear understanding of the benefits provided, reducing misunderstandings and helping to manage expectations regarding compensation beyond salary.
Plans and Benefits. 45 26 Education and Training............................................ 46 27 Bilingualism Bonus.................................................. 49 28 Lay Off.................................................................. 50 29 Probation for New Employees................................... 51 30 Classification, Promotions and Appointments............. 51 31 Call Back and Reporting Pay..................................... 52 32 Discipline............................................................... 53 33 Parking.................................................................. 55 34 Harassment...............................................……….. 55 35 Technological Change.............................................. 56
Plans and Benefits. A health care insurance committee is established consisting of two CWA unit employees the CWA selects, one non-union administrative employee, and the City Manager or his designee (and one POLC unit employee the POLC selects, upon participating). Annually the committee may meet to review the existing plan and potential new plans. The committee may select, by majority vote, which of up to two (2) plans shall be offered to unit employees. The Employer retains the right also to offer unit employees other plans and cost containment programs. Provided the plan(s) are available and can be provided by the carrier and otherwise can be administratively accomplished by the Employer, the unit employees individually, in writing, shall have the right to elect coverage under one of the above offered plans. Should the committee not meet an August 1 deadline for plan selection, the Employer shall then offer the unit employees up to two (2) of the plans then being provided to the unit employees, provided such plan(s) remain available and can be provided by the carrier and otherwise can be administratively accomplished by the Employer. The Employer retains the right also to offer unit employees other plans and cost containment programs in addition to committee selection. The unit employees individually, in writing, shall have the right to elect coverage under one of these plans so that coverage is effective no later than October 1st that year. The plan(s) selected by the committee and/or by the Employer as provided above shall be the sole plan(s) under which unit employees may elect coverage. Further, the Employer reserves the right to change insurance carriers, including self-insurance, provided the benefits remain substantially equal to the then current benefits.
Plans and Benefits. The Employer will pay of the premiums of Group Plan for an employee who is eligible to receive such coverage. The Welfare Plans Benefits include only Dental Premium, Long Term Disability Premium, Life Insurance Premium, Accidental death Dismemberment Premium, Vision Premium and Extended Health Premium.
Plans and Benefits contemplated under this article, the Employer shall agree to implement such improvements and further agrees to continue to pay its share as outlined in this article.
Plans and Benefits. Employer shall pay one percent (100%) premium for the Plan (equal to or better than plan in effect at the date signing of this Collective Agreement). The Employer shall pay one hundred percent (100%) the premium for the Income Protection Plan (equal to or better than the plan in effect at the date of signing of this Collective Agreement). The Employer will pay one hundred percent (100%) of the premium for the Extended Health Plan. Up to age the will pay one hundred percent (100%) of a plan equal to two (2) times the annual salary to the thousand. At age the life insurance will be reduced to The Employer shall pay of the premium for a vision care benefit which provides for per insured member per two years effective the first the month following the date signing of Collective Agreement. The terms and conditions of the Pension Plan shall apply to the employees. If the premiums paid by the Employer for any benefits are reduced a result of any legislative change or action, the amount of the saving shall be used to increase other benefits available to the employees as be mutually agreed between the parties providing such change affects a majority of the employees. Union shall be consulted on any proposed amendments or changes with to welfare plans and benefits. For the purpose of this Article, excepting clause (Pension Plan), for each calendar month for which an employee has received pay for at least seventy (70) hours, the Employer shall pay the portion of the premium for the benefit plans as specified in this Article. An employee who receives less than seventy (70) hours' pay in a calendar month, shall pay the full premium (100%) for the benefit plans specified in this Article, excepting clause (Pension Plan). The Employer shall maintain a copy of all employee benefit and health and welfare master plan texts and amendments in the library, to be made available to employees upon request.
Plans and Benefits. Nabi acknowledges and agrees that its obligations to the Executive under the Nabi Agreements shall continue and be unaffected by the Biotest Agreements or the matters contemplated thereby through March 28, 2008. Further, for so long as the Executive is employed by ▇▇▇▇, the Executive and his immediate family members to continue to be eligible to participate in all of the life insurance, disability insurance, medical, dental and health insurance, vacation, savings, pension and retirement plans and other benefit plans and programs maintained by ▇▇▇▇ for the benefit of its employees (collectively, the “Plans”) to the same extent and in the same manner in which the Executive and his immediate family members had been eligible to participate immediately prior to the Effective Date (as defined below). To the extent that the Executive or any member of his immediate family does not receive the benefits contemplated by the foregoing, unless the Executive is receiving comparable benefits from Biotest, Nabi shall, upon demand by the Executive, either fully reimburse the Executive and/or his beneficiaries on an after-tax basis for any and all amounts paid by him and/or them in connection with any of the foregoing or pay the Executive and/or his beneficiaries the benefit differential, at the election of the Executive and/or his beneficiaries. ▇▇▇▇ further acknowledges and agrees that, for purposes of all plans and programs regarding expense reimbursement or allowances, equity incentive compensation, bonuses (retention, annual or otherwise), short- or long-term incentives or other similar matters contemplated by the Nabi Employment Agreement, the Executive’s full-time employment by ▇▇▇▇ through March 28, 2008 shall be deemed to be uninterrupted and participation therein shall continue and be unaffected by the Biotest Agreements or the matters contemplated thereby. ▇▇▇▇ acknowledges and agrees that it has independent obligations under this letter agreement to cause benefits to be paid or provided to the Executive and his immediate family members under its Plans or, to the extent that the Plans do not pay or provide these benefits, to pay an amount directly to the Executive and/or his beneficiaries.
Plans and Benefits. Qualified employees are eligible to participate in the following INL benefit programs: Personal Leave Medical Plan Dental Insurance Plan Vision Insurance Plan Health Care Flexible Spending Account Dependent Day Care Flexible Spending Account Employee Life Insurance Spouse Life Insurance Dependent Children Life Insurance Accidental Death and Dismemberment Insurance Short-Term Disability Insurance Long-Term Disability Insurance Workers Compensation Long -Term Care Insurance Service Awards Leaves of Absence Retirement Plan Investment Plan Holidays Severance Pay 13.1 All security plans and benefits arranged by the Company for its employees, as a whole, will be available to employees covered by this Agreement and will be administered equally, including that portion of the cost paid by all employees. 13.2 The Union will be informed in advance of any additions or substantive changes to, or deletions from, the benefit programs. 13.3 A USW representative will be added to the Company benefits evaluation committee to assist the Company in current and future employee benefits. The Union will be notified of proposed changes of any additions or substantive changes to, or deletions from, the Benefits programs a minimum of fifteen (15) days prior to submission to DOE-ID for approval.

Related to Plans and Benefits

  • Severance Payments and Benefits Subject to the provisions of paragraph 8 below, in the event of a Termination, in lieu of the amount otherwise payable under paragraph 4 above, the Company shall: (a) Pay the Executive a lump-sum payment in cash no later than ten (10) business days after the date of Termination equal to the sum of: (i) The sum of: (A) the Executive’s base salary through and including the date of Termination and any bonus amounts which have become payable, to the extent either has not theretofore been paid; (B) a pro rata portion of the Executive’s annual bonus for the fiscal year in which the date of Termination occurs in an amount equal to: (1) the Executive’s Bonus Amount (as defined below), multiplied by (2) a fraction, the numerator of which is the number of days in the fiscal year in which the date of Termination occurs through and including the date of Termination, and the denominator of which is three hundred sixty-five (365); (C) accrued and unpaid vacation pay through and including the date of Termination; and (D) unreimbursed business expenses through and including the date of Termination; (ii) An amount equal to the product of the Applicable Multiple (as defined below) and the Executive’s annual salary in effect immediately prior to the date of Termination; and (iii) An amount equal to the product of the Applicable Multiple and the Executive’s Bonus Amount; Notwithstanding the provisions of this paragraph 6(a), with respect to any amounts which constitute a deferral of compensation subject to Code Section 409A and provided the Executive is a “Specified Employee” (as defined under Code Section 409A), such amounts shall be paid to the Executive on the date which is six (6) months after his or her date of Separation from Service. (b) Continue to provide the Executive (and, if applicable, the Executive’s dependents), for a twenty-four (24) month period following the date of Termination, with the same level of benefits described in paragraph 4(d) of this Agreement upon substantially the same terms and conditions (including contributions required by the Executive for such benefits) as existed immediately prior to the date of Termination (or, if more favorable to the Executive, as such benefits and terms and conditions existed immediately prior to the Change of Control), provided, that if the Executive cannot continue to participate in the Company plans providing such benefits, the Company shall otherwise provide such benefits on the same after-tax basis as if continued participation had been permitted, and further provided the amount of expenses eligible for reimbursement during the Executive’s taxable year shall not affect the expenses eligible for reimbursement in any other taxable year. Notwithstanding the foregoing provisions of this paragraph, in the event the Executive becomes reemployed with another employer and becomes eligible to receive welfare benefits from such employer, the welfare benefits described in this Agreement shall be secondary to such benefits during the period of the Executive’s eligibility, but only to the extent that the Company reimburses the Executive for any increased cost and provides any additional benefits necessary to give the Executive the benefits provided hereunder.