Common use of Cash in Lieu Clause in Contracts

Cash in Lieu. An employee who elects not to receive any College-sponsored health or dental coverage and who provides proof of alternate health insurance coverage shall be paid “cash-in-lieu” in the amount of $2,200.00. An employee who elects to receive only “single coverage” (i.e., non-family coverage) under the College-sponsored health coverage shall be paid “cash-in-lieu” in the amount of $1,850.00. Any “cash-in-lieu” amount will be paid to the employee in installments during the term of the employee’s contract.

Cash in Lieu. An employee who elects not to receive any College-sponsored health or dental coverage and who provides proof of alternate health insurance coverage shall be paid “cash-in-lieu” in the amount of $2,200.00. An employee who elects to receive only “single coverage” (i.e., non-family coverage) under the College-College- sponsored health coverage shall be paid “cash-in-lieu” in the amount of $1,850.00. Any “cash-in-lieu” amount will be paid to the employee in installments during the term of the employee’s contract.

Cash in Lieu. An employee who elects not to receive any College-College sponsored health or dental coverage and who provides proof of alternate health insurance coverage shall be paid “cash-in-lieu” in the amount of $2,200.00. An employee who elects to receive only “single coverage” (i.e., non-family coverage) under the College-College sponsored health coverage shall be paid “cash-in-lieu” in the amount of $1,850.00. Any “cash-in-lieu” amount will be paid to the employee in installments during the term of the employee’s contract.

Cash in Lieu. An employee who elects not to receive any College-sponsored health or dental coverage and who provides proof of alternate health insurance coverage shall be paid “cash―cash-in-lieu” lieu‖ in the amount of $2,200.00. An employee who elects to receive only “single coverage” ―single coverage‖ (i.e., non-family coverage) under the College-sponsored health coverage shall be paid “cash―cash-in-lieu” lieu‖ in the amount of $1,850.00. Any “cash―cash-in-lieu” lieu‖ amount will be paid to the employee in installments during the term of the employee’s contract.