Cash in Lieu of Medical Benefits Sample Clauses

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Cash in Lieu of Medical Benefits. 16.4.8.1 Employees Hired After October 1, 2013
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Cash in Lieu of Medical Benefits. In lieu of subscribing to the Board provided medical insurance, an eligible employee may elect to receive $3500 per school year
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Cash in Lieu of Medical 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 per year may select the cash in lieu option. Cash option is $3,500.00. The cash option will be disbursed over twenty-four (24) pay periods. Cash in lieu will not be paid on the 3rd pay of the month. Employees newly eligible for insurance coverage as of July 1, 2016 will receive cash in lieu of $2,400.00 rather than $3,500.00.
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Cash in Lieu of Medical Benefits. In lieu of subscribing to the Board provided health insurance, an employee who works at least thirty (30) hours a week and at least thirty-eight (38) weeks per year may select the cash in lieu option. Cash option is based on 75% of the single-subscriber Versatile plan. The cash option will be disbursed over twenty- four (24) pay periods. Cash in lieu will not be paid on the 3rd pay of the month. Eligible employees may waive vision and dental coverage and receive cash in lieu of 75% of the single subscriber WMHIP Versatile Plan premium.
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Cash in Lieu of Medical Benefits. In lieu of subscribing to the Board provided medical insurance, an eligible employee may elect to receive $3,500.00 per school year. As of July 1, 2016, employees newly eligible for insurance coverage will receive cash in lieu of $2,400 rather than $3,500. Hours worked beginning at route selection through June 30 each fiscal year shall be included in the calculation for determination of medical and dental insurance, and cash in lieu eligibility for the following year.
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Cash in Lieu of Medical Benefits. Effective July 1, 2023, upon providing proof of alternative minimum essential medical coverage for the employee and the employee’s tax family, employees may choose to opt-out of the City’s medical coverage and be provided with a cash payment of three hundred and fifty dollars ($350) per month beginning the first full pay period after sufficient proof is provided. Employees must annually provide proof of alternative minimum essential coverage each plan year, during open enrollment to continue eligibility. f. Employees who are covered by the City for health insurance as a dependent of another city employee are ineligible for the $350 per month stipend. g. The City maintains the right to select, change, or modify medical plans or providers, as the level of benefits remain substantially the same.
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Cash in Lieu of Medical Benefits. In lieu of subscribing to the Board provided medical insurance, an eligible employee may select the cash option equal in dollar amount to 75% of the single subscriber premium rate for the Versatile Plan for 2011-12 and 2012- 13. During the 2011-12 school year, drivers that did not work 30 hours or more in the 2010-11 school year will receive the cash option pro-rated equal to their average hours worked from the previous school year. Beginning with the 2012-13 school year, pro-rated benefits, including cash in lieu, will be eliminated for drivers that did not average 6 hours per day the previous school year.
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Cash in Lieu of Medical Benefits. 4.4.7.1 For full-time members the cash in lieu amount is $4,314. The amount is pro-rated for less than full time members based on their FTE. 4.4.7.2 If a unit member shows evidence of current medical coverage (e.g., as a dependent of spouse or registered domestic partner, VA, Covered CA) he or she may opt out of the District’s medical plan.
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Related to Cash in Lieu of Medical Benefits

  • Medical Benefits The Company shall reimburse the Employee for the cost of the Employee's group health, vision and dental plan coverage in effect until the end of the Termination Period. The Employee may use this payment, as well as any other payment made under this Section 6, for such continuation coverage or for any other purpose. To the extent the Employee pays the cost of such coverage, and the cost of such coverage is not deductible as a medical expense by the Employee, the Company shall "gross-up" the amount of such reimbursement for all taxes payable by the Employee on the amount of such reimbursement and the amount of such gross-up.

  • Retiree Medical Benefits If Executive is or would become fifty-five (55) or older and Executive's age and service equal sixty-five (65) and Executive has at least five (5) years of service with the Company within two (2) years of Change in Control, Executive is eligible for retiree medical benefits (as such are determined immediately prior to Change in Control). Executive is eligible to commence receiving such retiree medical benefits based on the terms and conditions of the applicable plans in effect immediately prior to the Change in Control.

  • SUPPLEMENTAL BENEFITS The employer shall maintain a “Supplemental Unemployment Benefits Plan” pursuant to the Employment Insurance Act and Regulations in regard to maternity, parental and adoption leave. The employer shall make amendments as appropriate to ensure that the Plan provides the maximum permissible benefits in conjunction with Articles 17.06, 17.07 or 17.08.

  • Dental Benefits The County offers dental and orthodontic benefits to full and part-time regular employees and their eligible dependent(s). Benefit provisions, co­ payments and deductibles are outlined in the Evidence of Coverage. The employee contribution is $13 per pay period ($28.26 per month). The County shall contribute to part-time eligible employees on a pro-rated basis, in accordance with Section 10.2.6.

  • General Benefits During the Term of Employment, the Executive shall be entitled to participate in such employee pension and welfare benefit plans and programs of the Company as are made available to the Company's senior-level executives or to its employees generally, as such plans or programs may be in effect from time to time, including, without limitation, health, medical, dental, long-term disability, travel accident and life insurance plans.