Amalgamated Transit Union (ATU) Local 107 - City of Hamilton

APPENDIX "A"- LIFE INSURANCE
Group Life Insurance with benefits equal to two (2) times the annual basic wage
rate of the Employee to the nearest one thousand dollars.
ACCIDENTAL DEATH AND DISMEMBERMENT
Accidental Death and Dismemberment coverage to a maximum of $75,000.00
• Benefit ceases at the age of sixty-five (65).
LIFE INSURANCE AT RETIREMENT
Life Insurance (2 times the annual basic earnings of the Employee at the time of
retirement rounded to the nearest one thousand dollars).
Upon reaching the age of 65, the City (HSR) will maintain a $5,000 death benefit
for those Employees who were eligible for this benefit prior to the ratification of
this agreement.
COORDINATION OF BENEFITS
Co-ordination of benefits and positive enrolment will be mandatory. If an
Employee does not complete enrolment, benefit coverage will be suspended for
that Employee and their dependants until the positive enrolment obligation has
been completed.
103