Benefit Choice Sample Clauses

Benefit Choice a. Medical Plans:
Sample 1
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Benefit Choice i) Medical Plans: AWC offers several medical plans for the bargaining unit to choose from. • Each year, the Union has the option to offer any available employer sponsored plan to its members. The Union must offer a High Deductible Health Plan (HDHP) with a Health Savings Account. In 2018, the following plans will be offered: the Premera Heritage Plus PPO $0 deductible; Premera Heritage Plus PPO $250 deductible; United Health Care Navigate $10 co-pay; United Health Care Navigate $200 deductible; and Premera HDHP with HSA. will submit to the City their choices of two complementary plans for the following year: one from the AWC Regence list and one from the Group Health list. (Group Health Access PPO can be offered in addition to a Group Health HMO Plan.) Additionally, the Union will submit their choice of one complementary High Deductible Health Plan (HDHP) with a Health Savings Account (HSA): one from Regence or one from Group Health. • The parties will meet after premium rates are released for the following year to select new plans, if necessary. No plan will be offered that triggers a federal excise tax (includes Employer contributions to the HSA). The parties will meet after premium rates are released for the following year to select new plans, if necessary. Additionally, if any of the plans currently offered by the Employer are no longer offered by AWC, the parties will meet to select plans for the next year. Should the parties be unable to select new plans by three weeks prior to the day Open Enrollment begins, the plans for the following year will be the plans that fall just below any applicable federal excise tax cap. • An employee may choose their family’s plan coverage from a HDHP, or from any other available the Regence plan or Group Health plan selected by the bargaining unit. • Medical Flexible Spending Accounts (FSA) will terminated effective December 31, 2016., except as mutually agreed by the parties in a MOU. • The Regence HealthFirst $10 copay plan and the Group Health $10 copay plan will terminate at 11:59 p.m. on December 31, 2017.
Sample 1
Benefit Choice 
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Related to Benefit Choice

  • Health Care Savings Plan As provided in this Agreement, eligible ASF Members will participate in the health care savings plan (HCSP) established under Minnesota Statute 352.98, and as administered by the Plan Administrator. The Employer is responsible only for transferring funds, as specified in this agreement, to the Plan Administrator.

  • Retirement Savings Plan Within fifteen (15) days after the date of Termination of Employment, the Company shall pay to Employee a cash payment in an amount, if any, necessary to compensate Employee for the Employee’s unvested interests under the Company’s retirement savings plan which are forfeited by Employee in connection with the Termination of Employment.

  • Benefit Coverage The Company agrees to provide pension and welfare benefits as described in the Company Booklets, benefit plan documents or policies of insurance for the duration of the Agreement.

  • RETIREE HEALTH SAVINGS PLAN Effective, December 24, 2006, or as soon as administratively possible, the County shall establish a retiree health savings plan (RHSP) by contributing an amount of $25.00 to the employee’s RHSP each biweekly pay period.

  • Retirement Savings 5.6.1 Principals are eligible to join a KiwiSaver scheme in accordance with the terms of those schemes.

  • Savings Plan Executive will be eligible to enroll and participate, and be immediately vested in, all Company savings and retirement plans, including any 401(k) plans, as are available from time to time to other key executive employees.

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

  • Retirement Plan The 2.7% at 55 retirement plan will be available to eligible bargaining unit members covered by this Section 6.1.1.

  • Dependent Care Salary Reduction Plan The Employer agrees to maintain the current dependent care salary reduction plan that allows eligible employees, covered by this Agreement, the option to participate in a dependent care reimbursement program for work-related dependent care expenses on a pretax basis as permitted by federal tax law or regulation.

  • 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.

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