Employee Insurance Contribution Sample Clauses

Employee Insurance Contribution. Employees who select an insurance plan option that costs more than the District contribution amount shall pay the difference between the total premium cost and the District contribution through a payroll deduction. All payments for premiums owed by the employee will be paid through a District 125 C plan.
AutoNDA by SimpleDocs
Employee Insurance Contribution. SPCA Employees shall contribute to the payment of the above insurance premiums on a percentage basis based upon a sliding scale that is set forth below: Base Salary Amount Employee Employee +Spouse Employee + Child Family $45,000 and more 15% 45% 45% 45% $42500 to $44999.99 14% 43% 43% 43% $40000 to $42499.99 13% 41% 41% 41% $37500 to $39999.99 12% 39% 39% 39% $35500 to $37499.99 11% 37% 37% 37% $32500 to $34999.99 10% 35% 35% 35% $30000 to $32499.99 9% 33% 33% 33% $27500 to $27999.99 8% 31% 31% 31% $25000 to $27499.99 7% 29% 29% 29% $22500 to $24999.99 6% 27% 27% 27% $20000 to $24999.99 5% 25% 25% 25% 4. Adjustments for insurance contribution overpayments made by SPCA members between January 1, 2016 to the ratification of this new contract. Prior to ratification, the District and the SPCA tentatively agreed that, beginning January 1, 2016, SPCA members earning abase salary less than $45,000.00 per year shall make smaller percentage insurance contributions than those SPCA employees earning a base salary of $45,000.00 or more based upon a sliding scale for each type of coverage as set forth above in section 3 of this Appendix B. Upon ratification of this new SPCA contract, the District will rebate to SPCA members making a base salary less than $45,000.00 an amount equal to the difference between the insurance contibutions they actually made and the insurance contribution they should have made under this agreement by retroactively applying the new insurance sliding scale contribution amounts as of January 1, 2016. This rebate shall be payable by giving SPCA members a credit on their insurance contributions beginning as of their April, 2016 paychecks until a credit for the entire amount of the rebate due has been made.
Employee Insurance Contribution. SPCA Employees shall contribute to the payment of the above insurance premiums on a percentage basis based upon a sliding scale that is set forth below: Base Salary Amount Employee Employee +Spouse Employee + Child Family $46,000 and more 15% 45% 45% 45% $43,400 to $45,999.99 14% 43% 43% 43% $40,800 to $43,399.99 13% 41% 41% 41% $38,200 to $40,799.99 12% 39% 39% 39% $35,600 to $38,199.99 11% 37% 37% 37% $33,000 to $35,599.99 10% 35% 35% 35% $30,400 to $32,999.99 9% 33% 33% 33% $27,800 to $30,399.99 8% 31% 31% 31% $25,200 to $27,799.99 7% 29% 29% 29% $22,600 to $25,199.99 6% 27% 27% 27% $20,000 to $22,599.99 5% 25% 25% 25%

Related to Employee Insurance Contribution

  • Employee Insurance The County will provide the following insurance contributions on the 1st of the month following 30 (thirty) days of employment to provisional, probationary and permanent employees who elect insurance coverage: (All contributions shown for medical and dental are monthly and based on full-time employment.)

  • Retiree Insurance 12.1 Employees who retire must meet the following conditions at the time of retirement in order to be eligible for the Employer contributions, listed in Sections 12.2 through 12.5 below, toward a health insurance plan offered by the Employer:

  • Benefit Coverage The Company agrees to provide pension and welfare benefits as described in the Company Booklets, benefit plan documents or policies of insurance for the duration of the Agreement.

  • Life Insurance Benefits A. During the life of this Agreement, the basic life insurance benefit made available to Faculty members shall be calculated as 3 times base annual earnings, rounded to the next highest $1,000, but not more than $225,000. A separate additional benefit up to the amount of the life insurance will be paid for accidental death and dismemberment, or loss of sight. The amount of Life and Accidental Death and Dismemberment/Loss of Sight benefits will be reduced to 65% at age 65, and further reduced (from the original insurance amount) as follows: to 50% at age 70, and 35% at age 75. Basic life insurance and AD&D benefits will be provided with no employee contributions.

  • Same Sex Benefit Coverage An employee who co-habits with a person of the same sex, and who promotes such person as a "spouse" (partner), and who has done so for a period of not less than twelve (12) months, will be eligible to have the person covered as a spouse for purposes of Medical, Extended Health, and Dental benefits.

  • ’ Compensation/Employer’s Liability Insurance If Contractor has employees, it shall maintain workers’ compensation insurance as required by law. Employer’s liability limits shall be not less than $1,000,000 for each accident, $1,000,000 as the aggregate disease policy limit, and $1,000,000 as the disease limit for each employee. If Contractor does not have employees, it shall provide a letter, on company letterhead, to the Judicial Council certifying, under penalty of perjury, that it does not have employees. Upon the Judicial Council’s receipt of the letter, Contractor shall not be required to maintain workers’ compensation insurance.

  • Group Insurance Benefits To determine if a leave under the provisions of the Family and Medical Leave Act will be paid or unpaid leave of absence contact the school district Employee Benefits Department.

  • Retiree Life Insurance Employees who retire under the Monroe County Employees' Retirement System shall be eligible for $4,000.00 term life insurance. All employees hired by the Employer on or after October 1, 2007 shall not be eligible for Retiree Life Insurance.

  • State Employee Group Insurance Program (SEGIP) During the life of this Agreement, the Employer agrees to offer a Group Insurance Program that includes health, dental, life, and disability coverages equivalent to existing coverages, subject to the provisions of this Article. All insurance eligible employees will be provided with a Summary Plan Description (SPD) called “Your Employee Benefits”. Such SPD shall be provided no less than biennially and prior to the beginning of the insurance year. New insurance eligible employees shall receive a SPD within thirty (30) days of their date of eligibility.

  • Retirement Insurance A teacher retiring from the District and under the provisions of Teachers’ Retirement Association (TRA) is eligible to continue to participate in group insurance programs (health insurance, dental insurance, life insurance, supplemental life insurance) as permitted under the insurance policy provisions provided the teacher pay the entire premium for such group insurance programs commencing with the beginning of the retirement (see District Website, Human Resources for specific coverage available). The teacher shall be responsible for paying the monthly premium amounts in advance and on such dates as determined by the District/third party administrator. The right to continue participation in such group insurance programs will discontinue upon the failure of the teacher to pay the premiums to the District/third party administrator, or the expiration of insurance availability under the insurance policy provisions. Since long-term disability insurance coverage replaces salary, and a retiree receives no salary, long-term disability insurance coverage is not available.

Time is Money Join Law Insider Premium to draft better contracts faster.