Common use of Effective January 2018 Clause in Contracts

Effective January 2018. for each eligible employee covered by this Agreement who is employed full-time and who selects City-provided employee health insurance coverage, the Employer agrees to contribute the following amounts per month: Choice Passport Plan: 2017 contributions plus eighty-two and one-half percent (82.5%) of the premium increase for 2018, after any plan design changes; employees shall be responsible for the 2017 employee contribution, plus seventeen and one-half percent (17.5%) of the premium increase for 2018, after any plan design changes. Based on a 0.3% premium increase, this results in the following Employer contributions: Single: $613.18, plus $75 per month to be deposited in a VEBA account (plus an additional $75 per month in a VEBA for completion of 2017 Wellness Program). Employee share: $0.32/month. The parties have agreed, however, that the employee’s share of the single coverage premium payable in 2018 will be shifted to 2019 thereby reducing the employee’s share of the single coverage premium for 2018 to $0.00. Family: $1,430.48, plus $45 per month to be deposited in a VEBA account (plus an additional $75 per month in a VEBA for completion of 2017 Wellness Program). Employee share: $173.44/month.

Appears in 4 contracts

Samples: Professional Employees, www.stpaul.gov, Professional Employees

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