Common use of Compensation in Lieu of Benefits Clause in Contracts

Compensation in Lieu of Benefits. is Prohibited: When the City, at the recommendation of the Insurance Committee, offers an opt-out program (compensation in lieu of benefits) eligible employees who waive participation in the City’s group health insurance plan will be eligible for an opt-out benefit based on the terms and conditions of the program. In the event both spouses or a parent and adult child are employed by the City and one waives coverage, the spouse, parent or child waiving the City’s coverage is not eligible to receive compensation in-lieu of benefits offered under the opt-out program.

Compensation in Lieu of Benefits. is Prohibited: When the City, at the recommendation of the Insurance Committee, offers an opt-out program (compensation in lieu of benefits) eligible employees who waive participation in the City’s group health insurance plan will be eligible for an opt-opt- out benefit based on the terms and conditions of the program. In the event both spouses or a parent and adult child are employed by the City and one waives coverage, the spouse, parent or child waiving the City’s coverage is not eligible to receive compensation in-lieu of benefits offered under the opt-out program.

Compensation in Lieu of Benefits. is as Prohibited: . When the City, at the recommendation of the Insurance Committee, offers an opt-out program (compensation in lieu of benefits) eligible employees who waive participation in the City’s group health insurance plan will be eligible for an opt-out benefit based on the terms and conditions of the program. In the event both spouses or a parent and adult child are employed by the City and one waives coverage, the spouse, parent or child waiving the City’s coverage is not eligible to receive compensation in-lieu of benefits offered under the opt-out program.