Group Insurance Deductions Sample Clauses
The Group Insurance Deductions clause outlines how an employer will deduct premiums for group insurance coverage directly from employees' wages. Typically, this clause specifies the types of insurance plans covered, such as health, dental, or life insurance, and details the frequency and method of these payroll deductions. Its core function is to ensure a clear and consistent process for collecting employee contributions toward group insurance, thereby simplifying administration and reducing the risk of missed payments.
Group Insurance Deductions. The district approves of and grants permission for the making of payroll deductions in handling of employee group insurance concerning health, hospital, payroll protection, accident, etc., policies of the employed personnel of the District, the premium for such policies being a charge against the earnings of the personnel covered by the policies.