Group Insurance Plan. The carriers, coverage, and terms and conditions of participation under the District’s Group Insurance Plan are subject to change in accordance with the applicable provisions of Title I, Division 4, Chapter 10 of the California Government Code (Section 3500 et seq.) (Xxxxxx‐Milias‐Brown Act).
Group Insurance Plan. All academic staff members who qualify for benefits in accordance with Articles 23.5.1.1 and 23.5.1.2 shall be provided, at College expense, with the basic group insurance coverage of two times annual salary or a minimum of $50,000 and may apply for additional coverage at their own expense.
Group Insurance Plan. Employees with a minimum of ten (10) years of service with the Board retiring prior to Medicare eligibility may elect to remain in the Group Insurance Program until they become eligible for Medicare; rates applicable to the entire group; the cost of such insurance shall be borne by the retiree, except that the Board shall provide without charge for collection and remittance of premiums for such insurance. Applications must be submitted within thirty (30) days of retirement.
Group Insurance Plan. All academic staff members who qualify for benefits in accordance with Articles 23.5.2.1 and
Group Insurance Plan. Employees covered by the District’s insurance plan(s) upon retiring from the District may elect to remain in the Group Insurance Program at the rates applicable to the entire group. The cost of such insurance shall be borne by the retiree, except that the District shall provide without charge for collection and remittance of premiums for such insurance. Applications must be submitted within thirty (30) days of retirement.
Group Insurance Plan. 33.1 Regardless of the actual insurance plan selected by the teacher, the monthly teacher premium contribution toward the cost of employee-only coverage may be up to six percent (6%) of the monthly premium for the highest cost employee-only plan offered by the District. The District will contribute the remaining monthly premium for the employee-only plan. Any teacher contribution increase will be effective at the beginning of each benefit plan year starting in January 2020. The specific District contribution amount is dependent upon the actual insurance plan selected by the teacher.
Group Insurance Plan. (a) Employees may elect to enrol in any or all of the group insurance plan(s) at the time of hire. Employees who have elected to enrol in a particular plan may withdraw at any time. An employee who has not enrolled in a plan or has withdrawn may enrol in a plan subject to carrier approval but will not immediately be eligible to claim benefits except as defined below. Such late or re-enrolment shall occur only at the sign-up opportunities in January and July each year.
Group Insurance Plan. (a) Weekly Indemnity Benefits will be 75% of weekly base rate, to a maximum of $485.00 a week.
Group Insurance Plan. All Employees, present and future shall become eligible for the Group Life Policy of the Company. If you have completed three months or more of service, you will be insured for an amount equal to one and one half (1 ½) times your basic annual salary. All Employees, present and future shall become eligible for the Group Accidental Death and Dismemberment (AD & D) policy of the Company. Upon completion of three months or more of service, you will be insured for an amount equal to one and one half (1 ½) times you basic salary. The total cost of the above plans will be paid by the Company.
Group Insurance Plan. (a) Life Insurance - two times (2x) annual salary (Principal Sum) with a floor of $20,000.
