Benefits Offered. Health insurance shall be offered to the employees. The coverage provided will be the same as the coverage authorized by the City Commission for all non-bargaining employees. The employee will contribute 15% of the City’s total cost of its Health Insurance Plan. The City will fund the employee HSA accounts by funding 1/12th of the annual total each month. The City will fund the employee HRA accounts by funding the entire amount each year in January. The City will fund 50% of employee HSA and HRA accounts. Employees hired during a plan year shall have the City's contribution to their HSA prorated based upon the number of full months employed by Piqua during that initial plan year. An employee may be reimbursed up to a maximum of $1,400 if on a family plan and $700 for a single plan for each calendar year for the duration of this agreement. The employee and not the family member must participate in the below activities to be eligible for the reimbursement. Such reimbursement shall be based on participation in self-selected programs established by the City and the health insurance provider for eligibility. Upon completion of an eligible program, the employee shall submit the required form and information to the Human Resources Director who will submit the request for reimbursement. All reimbursement checks will go to the employee's HSA or HRA account and not directly to the employee. Eligible Activity Amount Reimbursed Special Conditions Biometric Screening Event $400 Eligible for reimbursement once each calendar year. Health Risk Assessment $100 Eligible for reimbursement once each calendar year. Wellness Coaching $100 Wellness Coaching as indicated by the Health Risk Assessment. Eligible for reimbursement once each calendar year. Registering on $100 Eligible for reimbursement once each calendar year. insurance website Flu Shot $100 Eligible for reimbursement once each calendar year. Reimbursement eligibility: The following activities are eligible for reimbursement. Additional Activities may be approved by the City during the plan year for reimbursement. Exercise $100 90 minutes of physical activity per week for each 8 week period completed. Forms must be completed and turned in to Human Resources. The forms are available at HR BP of less than 130/80 $200 To qualify for reimbursement, the employee must meet two of the three categories. Cholesterol of less than 200 mg BMI of less than 25 Prescription Medications $100 Employee must switch from brand medication...
Benefits Offered. Health insurance shall be offered tothe employees. The coverage provided will be the same as the coverage authorized by the City Commission for all non-bargaining employees. The employee will contribute 15% of the City’s total cost of its Health Insurance Plan. The City will fund the employee HSA accounts by funding 1/12 of the annual total each month. The City will fund the employee HRA accounts by funding the entire amount each year in January. The City will fund 50% of employee HSA and HRA accounts. Employees hired during a plan year shall have the City's contribution to their HSA and HRA prorated based upon the number of full months employed by Piqua during that initial planyear. An employee may be reimbursed up to a maximum of $1,400 if on a family plan and $700 for a single plan for each calendar year for the duration of this agreement. The employee and not the family member must participate in the below activities to be eligible for the reimbursement. Such reimbursement shall be based on participation in self-selected programs established by the City and the health insurance provider for eligibility. Upon completion of an eligible program, the employee shall submit the required form and information to the Human Resources Director who will submit the request for reimbursement. All reimbursement checks will go to the employee's HSA or HRA account and not directly to the employee.
Benefits Offered. The Employer agrees to offer full-time employees covered by this collective bargaining agreement a benefit plan that will include the following coverages: Medical, Dental, Vision, Health Savings Account, optional Supplemental Plans, an Employee Assistance Program and a 401(k). The plan contracts will determine employee enrollment timeframes. Current plans may be subject to modification or substitution by carrier. The Company will meet and confer with the Union prior to any changes in carriers and/or plan designs.
Benefits Offered. Under this Premium Payment Plan a Participant’s pays the Participant’s share of the Contributions for coverage under the Health Plan on a pre-tax Salary Reduction basis (Premium Payment Benefits), or, if the Participant affirmatively elects not to participate in this Plan, to receive his/her full Compensation for any Plan Year in cash and to pay for his or her share of the Contributions for such coverage with after-tax deductions outside of this Plan. The applicable contribution rates for the current plan year are stated on Exhibit A to this Plan. Pursuant to Section 1.125-1(h) of the proposed regulations, if the coverage includes coverage of a Dependent (other than the Participant’s spouse) who is not also a “dependent” under Section 152 of the Code, determined without regard to subsections (b)(1), (b)(2), and (d)(1)(B) thereof (a “non-tax Dependent”), and if the Participant has elected, or is deemed to have elected, to pay his/her share of the cost of such coverage through the Plan, then the entire cost of such coverage, including the cost of the non-tax Dependent’s coverage, will be paid pre- tax through the Plan. The value of the non-tax Dependent’s coverage will be imputed as income to the Participant as the coverage is provided. This provision applies regardless of whether the cost of coverage is paid by salary reduction or allocation of available employer contributions. The preceding notwithstanding, if the cost of the coverage for a non-tax Dependent is paid with after-tax dollars, there will be no imputation of income.
Benefits Offered. Council will offer salary packaging arrangements, subject to ruling from the ATO, for benefits such as, but not limited to: • Childcare at Council provided centres; • Additional superannuation; • Professional memberships; • Novated vehicle lease; • Other items associated with the employees work including brief cases, calculators and tools of trade. Costs associated with the administration of salary packaging will be met by Council. An employee may elect at any time to stop salary packaging by giving at least twenty-eight days formal notice. The stopping of salary packaging arrangements with Council will not cease any personal financial obligations an employee has with a third party in relation to the benefit including but not limited to novated car lease payments, childcare fees etc. It is recommended that employees seek independent financial advice if they are proposing to salary sacrifice. The salary packaging year runs from 1st April to 31st March and is the same as the FBT year.
Benefits Offered. The Company will provide for eligible employees on short term disability certain wage replacement benefits (the "Short Term Disability Plan" or the "Plan").
Benefits Offered. Health insurance shall be offered to the employees. The coverage provided will be the same as the coverage authorized by the City Commission for all non-bargaining employees. The employee will contribute 15% of the City's total health care costs by payroll deduction. The City will fund 50% of employee HSA and HRA accounts ($1,000 for individual coverage and $2,000 for family coverage). Employee's HSA's will be funded 1/12 of the annual total each month. Employee HRA's will be funded entirely in January. Employees promoted during a plan year shall have the City's contribution to their HSA prorated based upon the number of full months employed by Piqua during that initial plan year. Health insurance shall run on the plan year or calendar year rather than the contract year if not a calendar year. The City shall select the carrier for the HDHP annually after consulting with the Insurance Committee. The City will maintain comparable coverage for the duration ofthis Agreement. Comparable coverage shall mean that the City shall solicit quotes annually from up to three carriers and request standard products which most closely match the plan design then in effect. Exact match of plan design need not be obtained. Bargaining unit employees shall be offered the same benefits on the same terms applicable to the City's unrepresented employees.
Benefits Offered. The Employer offers the following benefits to the Employee, as provisions required by law, and in addition to those required: .
