Contract Table of Contents
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Letter of Understanding /
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January 1, 2008 to December 31, 2010
Upon ratification of this Agreement the employees will be covered by the existing plan for production employees.
11.01 - Benefit Entitlement
After seven hundred and twenty (720) hours worked, the Company shall provide and pay the full premium costs for the following benefits:
- Life Insurance - equal to the employee's regular annual income, computed to the next $500.00 up.
- Accidental Death & Dismemberment - Equal to the same amount as Life Insurance coverage.
- Weekly Indemnity coverage for non-occupational sickness and accident equal to seventy percent (70%) of the employee's current wage rate. Payments will commence on the fourth (4th)day of illness, and on the first (1st) day of accident, and will be for a maximum of twenty-six (26) weeks.
- Long Term Disability Plan to commence after twenty-six (26) weeks of Weekly Indemnity payments, and to continue for the length of the disability or to the date the employee reaches age sixty-five (65), whichever occurs earlier, at sixty six and two thirds percent (66 2/3%) of his wage rate. An employee's job position shall be released for temporary posting at the commencement of Long Term Disability. Should the employee return from Long Term Disability, he shall be placed in the same or similar job classification.
- Medical Care and Surgical coverage including the Extended Health Plan.
- Dental Plan providing the following:
A - 100% and B - 60%, to a combined maximum of two thousand five hundred dollars ($2500.00) per person per year.
C - 50%, to two thousand dollars ($2000.00) per person lifetime limit.
- The Employer will provide an optometric plan whereby employees and their dependants upon providing adequate documentation will be reimbursed for the purchase of eyeglasses as follows:
Employees $300.00 every two years
Dependants $200.00 every two years
The Company will reimburse employees for one (1) eye examination every two (2) years for each employee and their dependants. The maximum reimbursement per exam will be seventy five dollars ($75.00).
The Company will add Naturopathy and Orthotherapists to the list of allowable paramedical expenses.
11.02 - Continuation of Benefits
Benefit coverage shall not continue when an employee is not actively employed, except:
- Group Life coverage shall continue for the period the employee is receiving Weekly Indemnity to a maximum of six (6) months.
- Dental and medical coverage shall continue for the period the employee is receiving Weekly Indemnity.
Dental and medical coverage shall continue for period of one hundred and four (104) weeks for employees who are on Long Term Disability. Thereafter these benefits may be further continued, provided the employee pays the full amount of the premium.
- Employees who have qualified for benefits shall have coverage discontinued after layoff on the following basis:
Standard Life, Medical & Dental
Three (3) months after layoff.
Weekly Indemnity
One (1) month after layoff.
Long Term Disability
Beginning the month following date of layoff.
- Except where an employee elects to take severance pay in accordance with Article 3.07, the Company paid benefits will continue for the first three (3) months of layoff.
11.03 - Company Liability
The liability of the Company in the provision of benefits under this Article is limited to the protection provided under the terms of the contract entered into with the insurance carriers.