Premium contributions definition

Premium contributions or "premiums" means the payments an
Premium contributions. The City’s contribution toward IOPU’s health insurance premium shall be based on the Kaiser 2018 rates, based on family status (single =

Examples of Premium contributions in a sentence

  • Premium Contributions As required under PA152 of 2011, employees may be required to pay a portion of the medical premium through bi-weekly payroll deductions.

  • Premium Contributions: All employees (full-time and part-time) participating in the managed healthcare plan will be required to contribute per the following monthly rate schedule.

  • Vision Plan Design Refer to Plan Summary Employee Premium Contributions Included in medical plan.

  • HMO Active Employee Maximum Bi-Weekly Premium Contributions 7/1/10- 7/1/11- 1/1/12- 1/1/13- 1/1/14- 6/30/11* 12/31/11* 12/31/12* 12/31/13* 12/31/14* Single 10%* 10%* $40.44* 14%* 15%* Family 8%* 8%* $93.03* 14%* 15%* *Maximum contribution increase of 15% over previous year's rate.

  • PPO Active Employee Maximum Bi-Weekly Premium Contributions 7/1/10- 7/1/11- 1/1/12- 1/1/13- 1/1/14- 6/30/11 12/31/11* 12/31/12* 12/31/13 12/31/14* Single 10%* 10%* $44.94 14%* 15%* Family 8%* 8%* $90.78 14%* 15%* *Maximum contribution increase of 15% over previous year's rate.

  • PPO Active Employee Bi-Weekly Premium Contributions 7/1/10- 7/1/11- 1/1/12- 1/1/13- 1/1/014- 6/30/11 12/31/11* 12/31/12* 12/31/13* 12/31/14* Single 10%* 10%* 10%* 14%* 14%* Family 8%* 8%* 8%* 14%* 14%* * Percentage of total premium.

  • HMO Active Employee Bi-Weekly Premium Contributions 7/1/10- 7/1/11- 1/1/12- 1/1/13- 1/1/14- 6/30/11 12/31/11* 12/31/12* 12/31/13* 12/31/14* Single 10%* 10%* 10%* 14%* 15%* Family 8%* 8%* 8%* 14%* 15%* I *Percentage of total premium.

  • APPENDIX B 2017 Premium Contributions: Life and AD&D* Supplemental Life and AD&D *Rates subject to change based on medical underwriting and as determined by the Company’s Insurance Carrier.

  • Excess Cover Amount is based on the following premium tiers Table 2.1 CEI Premium Contribution Excess Cover Amount S$136.88 per month S$1,000 S$182.50 per month S$2,000 S$228.13 per month S$3,000 S$273.75 per month S$4,000 In the event the total Claims exceed total Premium Contributions from CEI Members for the month, Benefits will be based on a pro-rata basis.

  • Dental and Vision Insurance Early Retiree Maximum Monthly Premium Contributions 1/1/16- 12/31/16 1/1/17- 12/31/17 1/1/18- 12/31/18 1/1/19- 12/31/19 1/1/20- 12/31/20 1/1/21- 12/31/21 1/1/22- 12/31/22 1/1/23- 12/31/23 Dental Single 15% 15% 15% 15% 15% 15% 15% 15% Family 15% 15% 15% 15% 15% 15% 15% 15% Vision Single 15% 15% 15% 15% 15% 15% 15% 15% Family 15% 15% 15% 15% 15% 15% 15% 15% *Maximum contribution increase of 15% over pevious year's rate.

Related to Premium contributions

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Company Contributions means the contributions made by the Company pursuant to Section 3.3.

  • In-kind contributions means services and goods as approved by the department that are provided by a grant recipient toward completion of a department-approved local snowmobile program under section 82107.

  • Accumulated contributions means the sum of all

  • Member contributions means all amounts paid to ASRS by a member.

  • Equity Contributions means the equity to be contributed by the Equity Investor to Borrower, in accordance with and subject to the terms of the Partnership Agreement.

  • Contributions means the payroll deductions and other additional payments specifically provided for in the Offering that a Participant contributes to fund the exercise of a Purchase Right. A Participant may make additional payments into his or her account if specifically provided for in the Offering, and then only if the Participant has not already had the maximum permitted amount withheld during the Offering through payroll deductions.

  • Matching Contributions are contributions made by the Employer on account of elective deferrals under a Code Section 401(k) arrangement or on account of employee contributions. Matching contributions also include Participant forfeitures allocated on account of such elective deferrals or employee contributions.

  • Cash contributions means the re- cipient’s cash outlay, including the outlay of money contributed to the re- cipient by third parties.

  • Employer Contributions means all amounts paid into ASRS by an

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Company Matching Contributions means the Company contributions described in Section 3.4.

  • Rollover Contributions means, for any Participant, his rollover contributions as provided in Section 7.1.

  • Regular contributions means the amounts required to be

  • Employee Contributions are contributions made by a Participant on an after-tax basis, whether voluntary or mandatory, and designated, at the time of contribution, as an employee (or nondeductible) contribution. Elective deferrals and deferral contributions are not employee contributions. Participant nondeductible contributions, made pursuant to Section 4.01 of the Plan, are employee contributions.

  • Employer Matching Contributions means the Employer matching contributions made to the Trust Fund pursuant to Article V (Employer Matching Contributions).

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following:

  • Voluntary Contributions means voluntary amounts contributed by a member or participating member into a health reimbursement account. However, to the extent required by applicable law, voluntary amounts shall not be contributed through a salary reduction election under a cafeteria plan pursuant to section 125 of the internal revenue code, 26 USC 125.

  • Excess Contributions means, with respect to any Plan Year, the excess of:

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Additional contributions means contributions made by a member of a defined benefit plan to

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • Contribution Amounts the aggregate amount of capital contributions applied by the Borrower to permit the Incurrence of Contribution Indebtedness pursuant to Subsection 8.1(b)(xi).

  • Payments in lieu of contributions means the money payments to

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Discretionary Contribution means the contribution made by the Employer on behalf of a Participant as described in Section 4.4(b).