Contract

HOA CONTRACT 2018

ARTICLE IV. COMPENSATION-BENEFITS

SECTION B: LIFE INSURANCE

PARAGRAPH 34

34

The cost of the Optional Life Insurance Plan is determined by the amount of coverage selected, current age, smoking status and current salary. The amount of coverage chosen and its cost will increase when salary is increased. The cost will also increase when moving into the next higher age bracket. The employee pays the full cost, in the same manner and to the same extent as provided to the non- bargained for employees.