In Lieu of Insurance Sample Clauses

In Lieu of Insurance. 10.11.5.1 Effective July 1, 2007, the employee payment in lieu of medical insurance coverage shall be capped at the 2006/2007 rate. The District shall make a monthly payment equal to half of the lowest health insurance premium in effect on July 1, 2006, ($175.17) to those eligible unit employees electing not to enroll in any of the major health insurance plans offered by the District. It is the employee’s responsibility that they have adequate health insurance before undertaking this option.
AutoNDA by SimpleDocs
In Lieu of Insurance. The District shall make a monthly payment equal to $175.55, representing half of the lowest 2006-2007 health insurance premium, to those eligible unit employees electing not to enroll in any of the major health insurance plans offered by the District. It is the employee’s responsibility that he/she has adequate health insurance before undertaking this option and must provide proof of coverage to the Benefits Department.
In Lieu of Insurance. Employees not electing health insurance will receive: Full-family subscribers, Three Hundred Thirty Dollars and 16/100 ($330.16), two-party subscribers, two Hundred Eighty-Two Dollars and 98/100 ($282.98), single subscribers, One Hundred Thirty-Four and 74/100 ($134.74) each month. This option is not available when both husband and wife are Employees of Alpena Community College and one spouse is receiving health insurance through a group plan of the Employer The Employee must annually sign a document stating that they have other health insurance coverage and indemnifying the Employer from any liability in connection with medical costs. The Employee may elect to retain this amount in cash or apply this amount to tax sheltered annuities, or non-taxable variable options available through MEA Financial Services, MESSA, or other companies available through the College. Any contribution amounts exceeding the College subsidy shall be payroll deducted pursuant to the authority in MCLA 408.477. An open enrollment period shall be provided whenever contribution subsidy amounts change for the groups.
In Lieu of Insurance. Each bargaining unit employee eligible for District health care coverage and enrolled for the District health care coverage on November 1, 2013 shall receive an annual paymentin lieu of” taking said coverage prorated to a full time employee as set forth in Sections 26.3.1 and
In Lieu of Insurance. Employees hired prior to 1/1/08 and retirees who retired prior to 1/1/08 may currently elect to opt out of the County’s health insurance coverage and receive a cash payment in lieu of health insurance coverage if they are eligible for the County’s health insurance coverage and have health insurance coverage through a secondary source, excluding Medicare. However, employees hired on or after 1/1/08 and retirees who retire on or after 1/1/08 may only opt out of such coverage and receive a cash payment in lieu of health insurance coverage if they are eligible for the County’s health insurance coverage and have health insurance coverage through a secondary source, excluding Medicare and excluding County health insurance coverage offered to an employee or retiree spouse. In order to waive coverage and receive cash payment, the employee or retiree must meet the following criteria: Must certify and provide proof of health insurance coverage through a secondary source as explained above; and Must complete the Health Insurance Waiver form.
In Lieu of Insurance. Each bargaining unit employee eligible for District health care coverage and enrolled for the District health care coverage on November 1, 2013 shall receive an annual payment "in lieu of taking said coverage prorated to a full time employee as set forth in Sections 26.3.1 and 26.3.2 in the maximum amount of $3,000 based on current employment at the time of open enrollment if the bargaining unit employee opts not to participate in the District health care coverage. This does not apply to spouses in cases where both the husband and wife are employees of the District. These payments will be made in two (2) equal installments on the second pay in January and the second pay in July. If circumstances necessitate a bargaining unit employee to re-enroll in the District health care coverage, the bargaining unit employee is responsible for repayment of the "in lieu of money and waives her or his right to any previously paid "seed" money into the HSA, if HSA insurance is elected.
In Lieu of Insurance and Medical Benefits as provided under Articles 11 and 12 of this agreement, a temporary member shall receive five percent (5%) of their hourly rate of pay in addition to the member’s straight time hourly rate, to be paid bi-weekly.
AutoNDA by SimpleDocs
In Lieu of Insurance. ELIGIBILITY FOR CASH-IN-LIEU OF INSURANCE. Employees hired prior to 1/1/07 and retirees who retired prior to 1/1/07 may currently elect to opt out of the County’s health insurance coverage and receive a cash payment in lieu of health insurance coverage if they are eligible for the County’s health insurance coverage and have health insurance coverage through a secondary source (including County health insurance coverage), excluding Medicare. However, employees hired on or after 1/1/07 and retirees who retire on or after 1/1/07 may only opt out of such coverage and receive a cash payment in lieu of health insurance coverage if they are eligible for the County’s health insurance coverage and have health insurance coverage through a secondary source, excluding Medicare and excluding County health insurance coverage offered to an employee or retiree spouse. In order to waive coverage and receive the cash payment, the employee or retiree must meet the following criteria: Must certify and provide proof of health insurance coverage through a secondary source as explained above; and Must complete the Health Insurance Waiver form.
In Lieu of Insurance. Section 1. The Board agrees to provide to each employee an amount of Four Hundred Dollars ($400). One half (1/2) of the amount shall be made available to the employee on October 1 each year. The second half of the amount shall be made available to the employee on February 1 each year.

Related to In Lieu of Insurance

  • Evidence of Insurance Receipt by the Administrative Agent of copies of insurance policies or certificates of insurance of the Loan Parties evidencing liability and casualty insurance meeting the requirements set forth in the Loan Documents, including, but not limited to, naming the Administrative Agent as additional insured (in the case of liability insurance) or loss payee (in the case of hazard insurance) on behalf of the Lenders.

  • Certificate of Insurance Contractor must provide a Certificate of Insurance form to the City of Sparks to evidence the insurance policies and coverage required of Contractor.

  • Cost of Insurance The cost of all insurance required herein to be secured and maintained by Engineer shall be borne solely by Engineer, with certificates of insurance evidencing such minimum coverage in force to be filed with County. Such Certificates of Insurance are evidenced as Exhibit F herein entitled “Certificates of Insurance.”

  • Maintenance of Insurance Coverage Each party agrees to maintain throughout the term of this Agreement professional liability insurance coverage of the type and amount reasonably customary in its industry. Upon request, a party shall furnish the other party with pertinent information concerning the professional liability insurance coverage that it maintains. Such information shall include the identity of the insurance carrier(s), coverage levels, and deductible amounts.

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