Common use of District Payment Clause in Contracts

District Payment. For the 2017-2018 school year, each full time teacher who chooses to participate in the District’s Health Insurance Plan shall receive, as part of Total District Compensation, $141.66 per month of each individual full-time teacher’s health insurance premium. Any excess monies over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits through the District’s Section 125 Cafeteria Plan or may be taken as taxable compensation. Teachers who choose not to participate in the District’s Health Insurance Plan shall receive the monthly amount of $141.66, which may be applied to the District’s Section 125 Cafeteria Plan or may be taken as taxable compensation. Part-time teachers shall receive the appropriate prorated amounts of the above payments (see note 1 – Base Salary Schedule).

Appears in 3 contracts

Samples: Master Contract, Master Contract, Master Contract

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District Payment. For the 20172015-2018 2016 school year, each full time teacher who chooses to participate in the District’s Health Insurance Plan shall receive, as part of Total District Compensation, $141.66 per month of each individual full-time teacher’s health insurance premium. Any excess monies over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits through the District’s Section 125 Cafeteria Plan or may be taken as taxable compensation. Teachers who choose not to participate in the District’s Health Insurance Plan shall receive the monthly amount of $141.66, which may be applied to the District’s Section 125 Cafeteria Plan or may be taken as taxable compensation. Part-time teachers shall receive the appropriate prorated amounts of the above payments (see note 1 – Base Salary Schedule).

Appears in 1 contract

Samples: Master Contract

District Payment. For the 20172019-2018 2020 school year, each full time teacher who chooses to participate in the District’s Health Insurance Plan shall receive, as part of Total District Compensation, $141.66 per month of each individual full-time teacher’s health insurance premium. Any excess monies over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits through the District’s Section 125 Cafeteria Plan or may be taken as taxable compensation. Teachers who choose not to participate in the District’s Health Insurance Plan shall receive the monthly amount of $141.66, which may be applied to the District’s Section 125 Cafeteria Plan or may be taken as taxable compensation. Part-time teachers shall receive the appropriate prorated amounts of the above payments (see note 1 – Base Salary Schedule).. See MOU, page 47

Appears in 1 contract

Samples: Master Contract

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District Payment. For the 20172019-2018 2020 school year, each full time teacher who chooses to participate in the District’s Health Insurance Plan shall receive, as part of Total District Compensation, $141.66 per month of each individual full-time teacher’s health insurance premium. Any excess monies over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits through the District’s Section 125 Cafeteria Plan or may be taken as taxable compensation. Teachers who choose not to participate in the District’s Health Insurance Plan shall receive the monthly amount of $141.66, which may be applied to the District’s Section 125 Cafeteria Plan or may be taken as taxable compensation. Part-time teachers shall receive the appropriate prorated amounts of the above payments (see note 1 – Base Salary Schedule).

Appears in 1 contract

Samples: Master Contract

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