Benefits Contribution Clause Samples
The Benefits Contribution clause outlines the responsibilities of parties regarding the payment or provision of employee benefits, such as health insurance, retirement plans, or other welfare programs. Typically, this clause specifies which party—employer or contractor—is responsible for making contributions to these benefit plans, and may detail the timing, amount, or method of such contributions. Its core practical function is to ensure clarity and prevent disputes by clearly allocating the obligation for benefits funding between the parties involved.
Benefits Contribution. A faculty member qualifying for an early separation incentive payment(s) as provided in this section shall have an amount equivalent to the Employer contribution for one year’s health insurance premiums deposited in the faculty member’s health care savings plan at the time of separation. In the event of death, such benefits shall be made to the beneficiary designated by the faculty member under a State retirement program, or lacking any such beneficiary, to the faculty member’s estate.
Benefits Contribution. 7 Effective October 1, 2018, the District base contribution for health and welfare benefits shall remain fixed 8 at a minimum of $1,000 per eligible employee, per month and this contribution shall be pooled and 9 allocated in a manner determined by the MINT. However, substantive changes may be brought to the 10 FUSE Executive Board and/or the FUSE membership by the FUSE MINT representatives. The employee's 11 share of the health and welfare premiums as established by the MINT, shall be paid for by the employee 12 through payroll deduction.
Benefits Contribution. 15.2.1 The district shall provide a maximum of $10,000 per year to each unit member for health and welfare benefits.
15.2.1.1 Single or family health insurance plan,
15.2.1.2 Single or family dental insurance plan,
15.2.1.3 The District and the Association will mutually agree to a life insurance carrier.
15.2.1.4 Single or family vision insurance plan, which includes annual exams, annual lens replacement if the prescription changes, and bi-annual frames.