Employer Contribution Rates Sample Clauses

Employer Contribution Rates. A. Continuing July 1, 2018, the Employer's ongoing contribution towards the cost of medical, dental and vision health and welfare benefits per full time unit member shall be $1,316 per month, $15,792 per year. The unit member's share of the health and welfare benefit insurance premium shall be $259.30 per month (average), the difference between the cost of the health and welfare benefit plan package selected by the bargaining unit and the Employer's contribution. The bargaining unit has selected for full-time employees: NCSMIG-JPA Medical Oak Plan at $1,519.04 per month, $18,228.48 per year; Dental Plan D- 20 at $118.50 per month, $1,422.00 per year; and Vision Plan C5 at $20.36 per month, $244.32 per year; for a total annual health and welfare benefit premium of $ 19,894.80Part time employees may select any medical plan option in lieu of Oak and receive pro-rated Employer-paid contributions. All employees can purchase up to the Redwood medical plan at their option and contribution. For the 2019-2020 year only, the Employer shall pay the full-time unit member’s share of the health and welfare benefit premium for the NCSMIG JPA Oak Medical Plan, Dental Plan D-20, and Vision Plan C-5. The2019-20 employer contribution will be based on 2019-2020 JPA adjusted rates.
Sample 1
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Employer Contribution Rates. Year 1: July 1, 2019 Local 919 Full-Time Pay as you go Part-Time 30 Pay as you go Ancillary Pay as you go Year 2: March 1, 2020 Local 919 Full-Time Pay as you go Part-Time 30 Pay as you go Ancillary Pay as you go Year 3: March 1, 2021 Merged Fund Full-Time $1,078 Part-Time 30 $482 Ancillary $13 PENSION: Effective the 1st of the month after ratification, the Part-Time hourly contribution rate will be seventy-five cents ($0.75). For eligible Part-Time associates hired after February 23, 2019, having met the twelve-month waiting period, the future service accrual will be $16 (subject to the Fund’s accrual phase-in rules) per month per year of service.
Sample 1
Employer Contribution Rates. A. Continuing July 1, 2020, the Employer's ongoing contribution towards the cost of medical, dental and vision health and welfare benefits per full time unit member shall be $1,316 per month, $15,7920 per year. The unit mem- ber's share of the health and welfare benefit insurance premium shall be $0 per month until June 30, 2021 The bargaining unit has selected for full-time employees: NCSMIG-JPA For the 2020-2021 year only, the Employer shall pay the full-time unit member’s share of the health and welfare benefit premium for the NCSMIG JPA Oak Medical Plan, Dental Plan D-20, and Vision Plan C-5 Medical Oak Plan at $1,794.35 per month, $21,532.20 per year; Dental Plan D- 20 at $112.57 per month, $1,350.84 per year; and Vision Plan C5 at $20.36 per month, $244.32 per year; for a total annual health and welfare benefit premium of $ 23,127.36 Part time employees may select any medical plan option in lieu of Oak and receive pro-rated Employer-paid contributions. All employees can purchase up to the Redwood medical plan at their option and contribution.
Sample 1
Employer Contribution Rates. A. Continuing July 1, 2021, the Employer's ongoing contribution towards the cost of medical, dental and vision health and welfare benefits per full time unit member shall be $1,316 per month, $15,792 per year. Starting July 1, 2021, the bargaining unit has selected for full-time employees the medical tiered rate plans through NCSMIG-JPA For the 2021-2022 and 2022-2023 school years, the Employer shall pay the full-time unit member’s share of the health and welfare benefit premium for the NCSMIG JPA Oak Tiered Medical Plan, Dental Plan D-20, and Vision Plan C- 5
Sample 1

Related to Employer Contribution Rates

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law.

  • Employer Contributions 8.1 Rates at which the Employer shall contribute for each hour of work performed on behalf of each employee employed under the terms of this Agreement are contained in the Appendices attached to and forming part of this Agreement.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Full Employer Contribution - Basic Eligibility Employees covered by this Agreement who are scheduled to work at least seventy-five (75) percent of the time are eligible for the full Employer Contribution. This means:

  • Amount of Employer Contribution The Employer Contribution amounts and rules in effect on June 30, 2017 will continue through December 31, 2017.

  • Partial Employer Contribution - Basic Eligibility The following employees covered by this Agreement receive the full Employer Contribution for basic life coverage, and at the employee's option, a partial Employer Contribution for health and dental coverages if they are scheduled to work at least fifty (50) percent but less than seventy-five (75) percent of the time. This means:

  • Elective Deferrals An Employee will be eligible to become a Contributing Participant in the Plan (and thus be eligible to make Elective Deferrals) and receive Matching Contributions (including Qualified Matching Contributions, if applicable) after completing 1 (enter 0, 1 or any fraction less than 1) Years of Eligibility Service.

  • Maintaining Eligibility for Employer Contribution The employer's contribution continues as long as the employee remains on the payroll in an insurance eligible position. Employees who complete their regular school year assignment shall receive coverage through August 31.

  • Eligibility for Employer Contribution This section describes eligibility for an Employer Contribution toward the cost of coverage.

  • Employee Contributions Any member of the bargaining unit who is hired on or after September 1, 2010 is eligible to make a voluntary contribution to the City=s Deferred Compensation Plan offered by Ameritas.

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