Active Employee Insurance Sample Clauses

Active Employee Insurance. 10.1 The Employer will continue for the period of this Agreement to provide for employees such health and life insurance benefits as are provided by the Employer at the time of execution of this Agreement.
Sample 1Sample 2Sample 3See All (7)
AutoNDA by SimpleDocs
Active Employee Insurance. 15.1 The insurance plans, premiums for coverage, and benefits contained in the insurance plans offered by the Employer shall be solely controlled by the contracts negotiated by the Employer and the benefit providers. The Employer will attempt to prevent any changes in the benefits offered by the benefit providers. However, the employees selecting the offered plans agree to accept any changes in benefits which a specific provider implements.
Sample 1Sample 2Sample 3See All (7)
Active Employee Insurance. 13.1 The insurance plans, premiums for coverages, and benefits contained in the insurance plans offered by the EMPLOYER shall be solely controlled by the contracts negotiated by the EMPLOYER and the benefit providers. The EMPLOYER will attempt to prevent any changes in the benefits offered by the benefit providers. However, the employees selecting the offered plans agree to accept any changes in benefits which a specific provider implements. The EMPLOYER’S Cafeteria Plan Document and IRS rules and regulations shall govern the EMPLOYER provided health and welfare benefit program.
Sample 1Sample 2Sample 3
Active Employee Insurance. The annual experience calculation for the PRERETIREMENT INSURANCE on active EMPLOYEES shall begin with a determination of all charges to the plan. Pursuant to Exhibit B of this agreement (Claim Charges), claim charges shall include items A and B (life and AD&D pooled claim charges), items C and D (death and AD&D claims), item E (living benefit claims), item J (disability claim reserves), and item K (conversion charge), and the total of these charges shall be reduced by any catastrophic loss for the POLICY YEAR to produce the net claim charge for the POLICY YEAR. To the net claim charge shall be added the STATE internal administration expense, the payments to the STATE'S consulting actuary, the STATE premium taxes, the MINNESOTA LIFE expense charge, and the risk charge, and any deficit balance existing at the end of the preceding POLICY YEAR. If the sum of all charges to the plan is greater than the sum of the EMPLOYEE premium and the interest credits, the premium deficiency shall be withdrawn from the stabilization reserve. If the premium deficiency exceeds the balance in the stabilization reserve, the remainder shall be withdrawn from the premium deposit fund and cleared as premium. If the premium deposit fund is exhausted and a premium deficiency remains, the remaining premium deficiency will be established as a deficit and carried forward as a charge to the following POLICY YEAR. Interest shall be charged on a deficit balance on the same basis used to credit interest on a stabilization reserve balance. If the sum of these charges is less than the sum of the EMPLOYEE premium and the interest credits, the excess shall be deposited in the stabilization reserve.
Sample 1
Active Employee Insurance. On each policy anniversary, interest credits and charges for active EMPLOYEES shall be calculated at the interest rates declared by MINNESOTA LIFE on the following basis:
Sample 1
Active Employee Insurance a. Effective January 2018, for each eligible employee covered by this Agreement who is employed full-time and who selects City-provided employee health insurance coverage, the Employer agrees to contribute the following amounts per month: Choice Passport Plan: 2017 contributions plus eighty-two and one-half percent (82.5%) of the premium increase for 2018, after any plan design changes; employees shall be responsible for the 2017 employee contribution, plus seventeen and one-half percent (17.5%) of the premium increase for 2018, after any plan design changes. Based on a 0.3% premium increase, this results in the following Employer contributions: Single: $613.18, plus $75 per month to be deposited in a VEBA account (plus an additional $75 per month in a VEBA for completion of 2017 Wellness Program). Employee share: $0.32/month. The parties have agreed, however, that the employee’s share of the single coverage premium payable in 2018 will be shifted to 2019 thereby reducing the employee’s share of the single coverage premium for 2018 to $0.00. Family: $1,430.48, plus $45 per month to be deposited in a VEBA account (plus an additional $75 per month in a VEBA for completion of 2017 Wellness Program). Employee share: $173.44/month. Elect Plan: The lesser of the Employer’s contribution for the Choice Passport Plan for 2018; or the actual cost of the Elect Plan premium. Employees shall be responsible for the difference between the monthly premium and the Employer’s monthly contribution. Based on a 0.3% premium increase for the Choice Passport Plan, this results in the following Employer contributions: Single: $572.66, plus $75 per month to be deposited in a VEBA account (plus an additional $75 per month in a VEBA for completion of 2017 Wellness Program). Employee share: $0.00/month. Family: $1,430.48, plus $45 per month to be deposited in a VEBA account (plus an additional $75 per month in a VEBA for completion of 2017 Wellness Program). Employee share: $66.66/month. ACO Plan: The lesser of the Employer’s contribution for the Choice Passport Plan for 2018; or the actual cost of the ACO Plan premium. Employees shall be responsible for the difference between the monthly premium and the Employer’s monthly contribution. Based on a 0.3% premium increase for the Choice Passport Plan, this results in the following Employer contributions: Single: $555.16, plus $75 per month to be deposited in a VEBA account (plus an additional $75 per month in a VEBA for completion of 20...
Sample 1
Active Employee Insurance. 12.10 For full-time employees who select single health insurance coverage, the Employer agrees to contribute $289.83 per month. For three-quarter time employees who select single health insurance coverage, the Employer's contribution shall be $217.37 per month. For half-time employees who select single health insurance coverage, the Employer's contribution shall be $144.92 per month. For full-time employees who select family health insurance coverage, effective for the January, 2000 insurance premiums, the Employer agrees to contribute $312.47 per month plus an amount equal to the increase in the single premium per month. (Year 2000 single premium increase is $18.37 for a total full time family premium of $330.84 per month). For full-time employees who select family health insurance coverage, effective for the January, 2001 insurance premiums, the Employer agrees to increase its prior year’s contribution by an amount equal to the increase in the single premium, up to $40.00 dollars per month. If the increase in the single premium exceeds $40.00 per month, the employer agrees to further increase the contribution by 50% of the excess increase. For full-time employees who select family health insurance coverage, effective for the January, 2002 insurance premiums, the Employer agrees to increase its prior year’s contribution by an amount equal to 60% of the increase in the family premium up to $60.00 per month. If the increase in the family premium exceeds $100.00 per month, the employer agrees to further increase the contribution by 40% of the excess increase. For three-quarter time employees who select family health insurance coverage, the Employer agrees to contribute 75% of the contribution provided to full-time employees per month. For half-time employees who select family health insurance coverage, the Employer agrees to contribute 50% of the contribution provided to full-time employees per month. If the number of health plans increases, the contribution increases will be based on the plan that is most similar to the plan available during the prior year. Employees shall not use pre-tax Employer contribution insurance dollars for the purchase of long term or short term disability coverage. Part-time employees who are permanently appointed to a full-time (80 hours per biweekly period) position after the commencement of the plan year, shall be made eligible for the full-time benefits after they have completed at least forty hours in a monthly qualifying pay...
Sample 1
AutoNDA by SimpleDocs
Active Employee Insurance. BENEFITS (continued)
Sample 1
Active Employee Insurance 
Sample 1Sample 2Sample 3See All (5)

Related to Active Employee Insurance

  • Employee Insurance The County will provide the following insurance contributions on the 1st of the month following 30 (thirty) days of employment to provisional, probationary and permanent employees who elect insurance coverage: (All contributions shown for medical and dental are monthly and based on full-time employment.)

  • Active Employees Active Employees who have not terminated service during the Plan Year and who meet the following requirements (select all that apply; leave blank if no exclusions):

  • Canceling Employee Coverage A part-time employee may also cancel employee coverage within sixty (60) days of when one of the life events set forth above occurs.

  • Retiree Insurance 12.1 Employees who retire must meet the following conditions at the time of retirement in order to be eligible for the Employer contributions, listed in Sections 12.2 through 12.5 below, toward a health insurance plan offered by the Employer:

  • New Mexico Employees Health Coverage A. If Contractor has, or grows to, six (6) or more employees who work, or who are expected to work, an average of at least 20 hours per week over a six (6) month period during the term of the contract, Contractor certifies, by signing this agreement, to have in place, and agrees to maintain for the term of the contract, health insurance for its New Mexico Employees and offer that health insurance to its New Mexico Employees if the expected annual value in the aggregate of any and all contracts between Contractor and the State exceeds $250,000 dollars.

  • Alternative Employment An employer, in a particular redundancy case, may make application to the Commission to have the general severance pay prescription varied if the employer obtains acceptable alternative employment for an employee.

  • State Employee Group Insurance Program (SEGIP) During the life of this Agreement, the Employer agrees to offer a Group Insurance Program that includes health, dental, life, and disability coverages equivalent to existing coverages, subject to the provisions of this Article. All insurance eligible employees will be provided with a Summary Plan Description (SPD) called “Your Employee Benefits”. Such SPD shall be provided no less than biennially and prior to the beginning of the insurance year. New insurance eligible employees shall receive a SPD within thirty (30) days of their date of eligibility.

  • Active/Inactive Employee If you are covered under another plan as an active employee, your benefits and those of your dependents under that plan will be determined before benefits under this plan. The plan covering the active employee and dependents will be the primary plan. The plan covering that same employee as inactive (including those who are retired or have been laid off) will be the secondary plan for that employee and dependents.

  • Newly Hired Employees All employees hired to an insurance eligible position must make their benefit elections by their initial effective date of coverage as defined in this Article, Section 5C. Insurance eligible employees will automatically be enrolled in basic life coverage. If employees eligible for a full Employer Contribution do not choose a health plan administrator and a primary care clinic by their initial effective date, and do not waive medical coverage, they will be enrolled in a Benefit Level Two clinic (or Level One, if available) that meets established access standards in the health plan with the largest number of Benefit Level One and Two clinics in the county of the employee’s residence at the beginning of the insurance year. If an employee does not choose a health plan administrator and primary care clinic by their initial effective date, but was previously covered as a dependent immediately prior to their initial effective date, they will be defaulted to the plan administrator and primary care clinic in which they were previously enrolled.

  • ’ Compensation/Employer’s Liability Insurance If Contractor has employees, it shall maintain workers’ compensation insurance as required by law. Employer’s liability limits shall be not less than $1,000,000 for each accident, $1,000,000 as the aggregate disease policy limit, and $1,000,000 as the disease limit for each employee. If Contractor does not have employees, it shall provide a letter, on company letterhead, to the Judicial Council certifying, under penalty of perjury, that it does not have employees. Upon the Judicial Council’s receipt of the letter, Contractor shall not be required to maintain workers’ compensation insurance.

Time is Money Join Law Insider Premium to draft better contracts faster.