Scope of benefits Clause Samples

The "Scope of Benefits" clause defines the specific services, advantages, or entitlements that a party is eligible to receive under an agreement. It typically outlines the types of benefits provided, any limitations or exclusions, and the conditions under which these benefits are accessible. For example, in an employment contract, this clause may detail health insurance coverage, paid leave, or retirement plan participation. Its core function is to clearly delineate what is and is not included as a benefit, thereby preventing misunderstandings and disputes regarding entitlements.
Scope of benefits. Company shall provide only the benefits described in this Certificate. Covered Person shall be responsible for payment of: 1.2.1 Deductibles; 1.2.2 Co-Payments and Co-Insurance; 1.2.3 Any difference between a Non-Participating Provider’s charges and Company’s reimbursement to such Provider; 1.2.4 Services that are not covered under this Certificate; 1.2.5 Otherwise Covered Services that exceed the maximums provided under this Certificate; and 1.2.6 Services received while the individual is not covered under this Certificate. 1.2.7 All benefits are subject to the terms and conditions contained in this Agreement, including all applicable conditions, limitations and exclusions.
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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 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: 1. 1959 Survivors Benefits 2. Death Benefits - $600 3. Unused Sick Leave Service Credit
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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). (b) Following consummation of the Merger and your termination, the benefits under your KEESA will be paid as follows: (i) $593,771 in cash or cash equivalent within ten (10) business days after your Termination Date; and (ii) $21,000 (the "Benefits Amount") will be credited to a bookkeeping account to be maintained by the Company to provide you, for a period of up to five (5) years commencing on your Termination Date, with (a) medical coverage as a single adult under The Medical Plus Plan sponsored by Wisconsin Power and Light Company, (b) dental coverage as a single adult under The Dental Plus Plan sponsored by Wisconsin Power and Light Company, (c) Basic Term Life Insurance in the amount of $254,000 and Supplemental Group Term Life Insurance in the amount of $169,000 under the life insurance programs sponsored by Wisconsin Power and Light Company. The Benefits Amount reflects the estimated cost of providing the above-described benefits to you for a five-year period. The outstanding balance of the Benefits Amount (i.e., the Benefits Amount net of funds expended to provide you benefits hereunder) shall bear interest at the mid-term Applicable Federal Rate as specified for the month in which the Merger is consummated, compounded annually. Interest credited as set forth above will be added to the Benefits Amount. You agree that, in the event the costs incurred by the Company or its affiliates in providing the above-described benefits (or family or employee plus one medical or dental benefits to which you will have access on your request to the Company in writing on the same terms and conditions as apply to active employees at any time during the five-year period) to you exceeds the Benefits Amount, you will reimburse the Company for the excess amount. Conversely, in the event that the cost of such benefits for the five-year period is less than the Benefits Amount or in the event you elect in a writing delivered to the Company not to receive such benefits for the entire five-year period, you will be entitled to a refund from the Com...
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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 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

  • Description of Benefits The benefits available under this Plan will be as defined in Item F(5) of the Adoption Agreement.

  • Schedule of Benefits The Schedule of Benefits lists your expected Out-of-Pocket costs for Benefits and Prescription Drugs covered under the Plan.

  • Payment of Benefits All or part of the contract benefits may be paid under one or more of the following: - a variable payment plan; - a fixed payment plan; or - in cash. The provisions and rate for variable and fixed payment plans are described in Section 11. Contract benefits may not be placed under a payment plan unless the plan would provide to each beneficiary a monthly income the initial amount of which is at least the minimum payment amount shown on page 4. A Withdrawal Charge will be deducted from contract benefits before their payment under certain conditions described in Section 7.3.

  • Duration of Benefits Eligibility for Income Protection benefits will cease upon the earliest of the following dates: 1.09.01 the date the member is no longer disabled from performing the duties of their regular position, or any alternative employment made available to the member by the City. 1.09.02 the date the member's Income Protection benefits have been expended. 1.09.03 the date the member dies.

  • Retention of Benefits Union leave under the following four (4) sections will be unpaid. The Employer will maintain regular pay and ▇▇▇▇ the Union for the costs of the employee’s salary and benefits. If the Union member is part-time or casual, and the leave is greater than their normal work hours, the Employer will pay the employee for the full length of the leave requested by the Union. The Employer will ▇▇▇▇ the Union for these days as noted above. The Union will pay these invoices within twenty-eight (28) days. Union leave is not unpaid leave for the purposes of Article 22.02 [i.e. such leave will not affect the employee’s benefits, seniority or increment anniversary date].