FRINGE BENEFITS AND OTHER ALLOWANCES. INSURANCE: 6.1. FULL TIME: The District's monthly insurance contribution for each full time equivalent (FTE) unit member for 2014- 15 is one thousand two hundred and ten dollars ($1,210) one hundred and forty-five dollars ($1,145) per month for the period October 2017 2014 through September 2019, and one thousand two hundred and twenty ($1,220) dollars per month for the period starting October 2019. From October 2017 through September 2020, members will receive subsidies from the licensed insurance reserve fund such that the combined total monthly contribution received by members is one thousand two hundred and forty dollars ($1,240). 2015. For 2015-16, the District’s monthly insurance contribution for each full-time equivalent unit member shall be one thousand, one hundred seventy-five dollars ($1,175) per month. For 2016-17, the District’s monthly insurance contribution for each full-time equivalent unit member shall be one thousand, two hundred dollars ($1,200) month. There will be a one-time transfer of $330,000 from the licensed insurance reserve fund to the District general fund on November 1, 2014, October 1, 2015 and October 1, 2016. During the term of this agreement, the district will not make contributions to the licensed insurance reserve fund on behalf of members who have waived insurance, except that the district will continue to make contributions for Life, LTD, EAP and the Wellness Clinic for such members.
Appears in 1 contract
Sources: Collective Bargaining Agreement
FRINGE BENEFITS AND OTHER ALLOWANCES. INSURANCE:
6.1. FULL TIME: The District's monthly insurance contribution for each full time equivalent (FTE) unit member for 2014- 15 is one thousand two hundred and ten dollars ($1,210) one hundred and forty-five dollars ($1,145) per month for the period October 2017 2014 through September 2019, and one thousand two hundred and twenty ($1,220) dollars per month for the period starting October 2019. From October 2017 through September 2020, members will receive subsidies from the licensed insurance reserve fund such that the combined total monthly contribution received by members is one thousand two hundred and forty dollars ($1,240). 2015. For 2015-16, the District’s monthly insurance contribution for each full-time equivalent unit member shall be one thousand, one hundred seventy-five dollars ($1,175) per month. For 2016-17, the District’s monthly insurance contribution for each full-time equivalent unit member shall be one thousand, two hundred dollars ($1,200) month. There will be a one-time transfer of $330,000 from the licensed insurance reserve fund to the District general fund on November 1, 2014, October 1, 2015 and October 1, 2016. During the term of this agreement, the district will not make contributions to the licensed insurance reserve fund on behalf of members who have waived insurance, except that the district will continue to make contributions for Life, LTD, EAP and the Wellness Clinic for such members.
Appears in 1 contract
Sources: Collective Bargaining Agreement