Common use of Cash in Lieu of Health Benefits Clause in Contracts

Cash in Lieu of Health Benefits. In lieu of subscribing to the Board provided health insurance, an employee who works at least thirty (30) hours a week and thirty-eight (38) weeks or more may select the cash option. Cash option for the 2015-16 school year will be $3500.00. The cash option will be disbursed over twenty-four (24) pay periods.

Cash in Lieu of Health Benefits. In lieu of subscribing to the Board provided health insurance, an employee who works at least thirty (30) hours a week and thirty-eight (38) weeks or more may select the cash option. Cash option for the 20152013-16 14 and 2014-15 school year years will be $3500.00. The cash option will be disbursed over twenty-four (24) pay periods.

Cash in Lieu of Health Benefits. In lieu of subscribing to the Board provided health insurance, an employee who works at least thirty (30) hours a week and thirty-eight (38) weeks or more may select the cash option. Cash option for the 20152020-16 21 school year will be $3500.00. The cash option will be disbursed over twenty-four (24) pay periods.