District Contributions Sample Clauses

District Contributions. District contributions for the term of this Agreement shall be seventy-five percent (75%) towards Single/Two Person/Family Coverage [8.3] TERM LIFE INSURANCE A term life insurance policy will be made available to each faculty member who qualifies. The premium for this insurance coverage will be paid by the Timberlane Regional School District as follows: The amount of insurance will be $40,000 with an employee option to buy an additional $50,000 worth of insurance at the employee’s expense if permitted by the insurer.
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District Contributions. Retired unit employees and eligible dependents shall receive district-paid benefits in accordance with the current medical/dental plans (see Section 5.2.1) based upon the following eligibility criteria: For employees whose first paid date of contract service is prior to May 31, 1986, who have fifteen (15) years of service, the District will pay its portion of the insurance premium for life. For employees whose first paid date of contract service is on or after May 31, 1986, who subsequently qualify for the foregoing fifteen (15) year retiree service benefit, the District will pay its portion of the insurance premium until the retiree reaches age 70, after which such retirees may continue coverage at their own expense. Employees retiring on or after July 1, 1975, with less than fifteen (15) but with ten
District Contributions. Post-retirement District contributions will be made based upon rules and regulations of the medical benefits program in effect and shall be no less than provided by Public Employees' Medical & Hospital Care Act (PEMCHA) minimum with the third-party health and welfare administrator.
District Contributions. The district shall contribute towards the insurance premiums in 1 and 2 above as follows:
District Contributions. 23.1.1 Effective October 1, 2013, the District agrees to pay lessor of the actual insurance costs or a contribution of a monthly amount in accordance with the following schedule to purchase employee insurance. Should the actual insurance cost be less than the cap, the cap will not be reduced. This will not however, imply that the Association or any employee has a right to the difference.
District Contributions. Beginning with the 2016-17 contract year: The District’s contribution to health insurance premiums shall be: XXX-X-XX XX00 Single 85% 85% 2-Person 85% 85% Family 85% 85% The District’s contribution to the health insurance premiums for ABSOS 20/40 IK DED shall be 100% of the single, two- person or family plan. [Please note: It is understood that an employee currently on the Lumenos Plan may enroll in any of the offered plans.]
District Contributions. The District will match 403(b) contributions for each member who contributes to a 403(b) up to 1% of the salary base. The District contribution will be made the last pay period in June.
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District Contributions. The District shall contribute to the Trust an amount equal to a percentage of the base biweekly salary of eligible employees as follows: Years of Completed County Service Percentage Less than one year 0% One but less than ten years 1.0% Ten but less than sixteen years 1.75% Sixteen or more years 2.75% Contributions to the Trust shall not be considered earnable compensation.
District Contributions. 21.2.1.1 The medical benefits will be provided by participating in the PERS Health Benefits Program, PEMHCA (Public Employees’ Medical and Hospital Care Act). The District will contribute a minimum amount each month per eligible full-time unit member for an approved PERS health plan option, as specified by Government Code Section 22892. This amount shall be the District’s basic medical benefits contribution. This basic amount will be increased on July 1 of each year as required by the Government Code. In addition, beginning with the effective dates listed below, the District will pay an amount which, when added to the above basic contribution, will not exceed the following maximum monthly payment for each unit member’s medical, dental, and vision benefits prorated based upon the unit member’s full-time equivalent (FTE) status: Effective May 1, 2012 Effective January 1, 2013 Individual: Individual: Medical $610.44 Medical: TBD in accord with 21.2.1.2 Dental $ 105.10 Dental $ 105.10 Vision $ 11.82 Vision $ 11.82 $727.36 Individual Plus One: Individual Plus One: Medical $1,220.88 Medical TBD in accord with 21.2.1.2 Dental $ 105.10 Dental $ 105.10 Vision $ 11.82 Vision $ 11.82 $1,337.80 Family: Unit Members Hired Before July 1, 2012 Medical $1,527.57 Medical See 21.2.1.3 Dental $ 105.10 Dental $ 105.10 Vision $ 11.82 Vision $ 11.82 $1,644.49 Family: Unit Members Hired on or After July 1, 2012 Effective: July 1, 2012 Effective: January 1, 2013 Medical $1,345.53 Medical See 21.2.1.4 Dental $ 105.10 Dental $ 105.10 Vision $ 11.82 Vision $ 11.82 $1,462.45
District Contributions. 15.5.1 Effective January 1, 2023, the District contribution to employee benefits shall be $8,000 per year. This amount shall be prorated for part-time employees. Dental Insurance:Effective October 1, 2008 the District will increase dental contribution to cover the cost of employee only. Vision Insurance: Effective October 1, 2021, the District will increase its health benefit contribution to include vision care for the employee only.
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