COST OF BENEFITS Sample Clauses

COST OF BENEFITS. Beginning in the 2021-2022 plan year, the employer annual maximum contribution toward health benefits shall be increased by $500, from $6360 to $6860.
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COST OF BENEFITS. The Employer agrees to apply the equivalent of the 1% administration fee ($60 per employee) to the health and welfare benefits cap, increasing the health and wealth benefits cap to $8,036.80. The Employer will provide a one-time bonus equivalent to the cost of providing a 1% increase in salary and benefits for the 2003-04 school year. The amount will be applied to health benefits. Health benefits caps to remain at $8,036.80. The Employer contribution to health benefits for 2003-04 will be $8,334.60. The Employer contribution to health benefits for 2004-05 will be $9,050.00. The Employer contribution to health benefits for 2005-06 will be $9,433.00. The Employer contribution to health benefits for 2006-07 will be $10,133.00 effective October 1, 2006. Parties agree to add Power Select D 20 as a fourth option to the three existing health benefit options. The Employer will increase the 2006-07 annual health benefits cap by $500.00. The Employer maximum annual contribution for 2007-08 will be $10,633. Parties agree to replace plan 40629J 80-C/$10 office visit co-pay with plan 40629J 100-A/$30 office visit co-pay in accordance with required notification to SISC. The Employer will increase the 2007-2008 annual health benefit cap by $367.00. The Employer maximum annual contribution for 2008-2009 will be $11,000. The Employer maximum annual contribution for 2009-10 will remain $11,000. The Employer maximum annual contribution for 2010-11 shall remain $11,000. The Employer annual maximum contribution toward health benefits shall remain at $11,000 effective October 1, 2012. In recognition of the continued rising cost of health benefits, for the 2012-13 plan year only the Employer maximum contribution shall be $12,200. This additional $1200 over the annual cap of $11,000 shall be for the 2012-13 benefits plan year only and the parties agree the annual maximum contribution shall revert to $11,000 for 2013-14 unless otherwise negotiated by the parties. The employer annual maximum contribution toward health benefits shall be $12,200 effective the 2013- 14 health benefits plan year. In recognition of the continued rising cost of health benefits, for the 2013-14 plan year only the employer maximum contribution shall be $12,700. This additional $500.00 over the annual cap of $12,200 shall be for the 2013-14 plan year only and the parties agree that the annual maximum contribution shall revert to $12,200 for the 2014-15 unless otherwise negotiated by the parties. The employe...
COST OF BENEFITS. CSEA recognizes that the cost of fringe benefits is part of the total compensation provided to employees by the District. CSEA views the increased cost of fringe benefits as part of the total percentage increase granted to employees. Annual increases in fringe benefit cost to the District shall be reduced to a percentage, which is related to the classified salary schedule and published as an increase in total compensation. Specifically: percent improvement on schedule plus the additional cost of fringe benefits expressed as a percentage of salary equals the percent increase in total compensation.
COST OF BENEFITS. The cost of providing all contributions with respect to pension benefits which will accrue as and from January 1, 1975, up to and including June 30, 1987 shall be made by the Employer. The Employer shall not be liable to make contributions for benefits with respect to the periods after January 1, 1988 in the case of the supplementary pension benefit under paragraph 11 and after June 30, 1987 in the case of all other benefits under the plan.
COST OF BENEFITS. Each year the Employer will determine the required cost, if any, that an Employee must pay to participate in each Benefit Option. In order to obtain coverage and to receive benefits under the Benefit Option, an Employee must contribute the amounts specified by the Employer. In addition, the Employer may allow Participants to contribute to a Dependent Day Care Flexible Spending Account or Health Flexible Spending Account as designated in Item F of the Adoption Agreement.
COST OF BENEFITS. 4. The cost of the benefits under the Program shall be paid by the Company, except as provided below in this Paragraph 4 and 7 hereof:
COST OF BENEFITS. ‌ If the Employer is unable to maintain any part of the health benefits improvement plan during the life of the Agreement because the benefit becomes unavailable under the current plan, the Employer will engage in meaningful consultation with the bargaining unit members before any changes are made. Appendix “A” - Job Descriptions‌ The following Job Descriptions are appended to this Collective Agreement for informational purposes only. Business Manager
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COST OF BENEFITS. The cost of providing all contributions with respect to pension benefits which will accrue as and from January 1, 1975 shall be made by the Employer.
COST OF BENEFITS. Cost of insurance coverage for Wxxxxxxxx and/or his family, as applicable, under Swift’s benefit plans and policies, including but not limited to medical/dental/vision (under Swift’s international medical plan), travel, short term disability, long term disability, workers’ compensation, life insurance and indemnity, and the cost of 401(k) matching under Swift’s 401(k) plan; and vacation, sick and holiday pay under the applicable Swift policies. Nothing contained in this Agreement shall prevent Swift from modifying or terminating any of its plans, policies, benefits or programs, including the above referenced plans, policies, benefits and programs.
COST OF BENEFITS. The cost of providing all pension benefits accruing from January 1, 1974 shall be borne by the Company.
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