Insurance Fringe Benefit Allocation Sample Clauses

Insurance Fringe Benefit Allocation. Subd. 1. Each full time Employee will be allocated a monthly contribution for use in purchasing fringe benefits under this Article. The monthly contribution will be up to $730 per month from July 1, 2022 through June 30, 2024 for employees taking single health insurance; the allocation also covers dental and life insurance. For employees enrolled in employee plus one insurance, the allocation will be $990 per month effective July 1, 2022 through June 30, 2024. For employees enrolled in family insurance, the allocation will be $1,300 per month effective July 1, 2022 through June 30, 2024. Said allocation will commence on July 1 of each year and will be made to the employee's account at the beginning of each month during which the employee is entitled to full salary from the District.
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Insurance Fringe Benefit Allocation. SECTION 1 Subd. 1. Levels I-VII The District will allocate a monthly contribution according to the grid below for each eligible full time information systems professional in Levels I-VII for use in purchasing fringe benefits under this policy. This allocation also covers dental and life insurance. Each employee shall be charged at minimum as having purchased the least expensive single health insurance, life insurance, and single dental insurance. Levels I-VII Type of Health Coverage Monthly District Contribution 2022-2023 Monthly District Contribution 2023-2024 Single $784 $784 Employee +1 $941 $1,041 Family $1,032 $1,132
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Insurance Fringe Benefit Allocation. SECTION 1
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Insurance Fringe Benefit Allocation. Subdivision 1: Each full-time employee (40 hours per week) will be allocated $5,732 for 2020-2021, $5,932 for 2021-2022, and $6,132 for 2022-2023 for use in purchasing fringe benefits under said article. Eligible part-time employees as defined in the insurance contract shall receive a prorated annual amount. Said allocation will commence on September 1 of each year.
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Related to Insurance Fringe Benefit Allocation

  • Same Sex Benefit Coverage An employee who co-habits with a person of the same sex, and who promotes such person as a "spouse" (partner), and who has done so for a period of not less than twelve (12) months, will be eligible to have the person covered as a spouse for purposes of Medical, Extended Health, and Dental benefits.

  • BENEFIT FUND The Trustees are authorized and directed to establish a study committee to review the legality, feasibility and desirability of setting up and maintaining an employee funded Section 125 Flexible Spending Account (FSA). If an FSA is determined to be legal, feasible and desirable in this context, the Trustees are further authorized and directed to establish such an arrangement and offer it to employees covered by this Agreement; provided that the FSA shall not be offered to employees of any Employer who is unwilling or unable to permit employee participation in the FSA.

  • Dependent Care Salary Reduction Plan The Employer agrees to maintain the current dependent care salary reduction plan that allows eligible employees, covered by this Agreement, the option to participate in a dependent care reimbursement program for work-related dependent care expenses on a pretax basis as permitted by federal tax law or regulation.

  • Defined Benefit Pension Plan 1. The Employer and the Union hereby agree to the continuation of the existing Northern California Glaziers, Architectural Metal and Glass Workers Pension Trust Agreement ("Defined Benefit Pension Trust").

  • Group Health Benefit Plans, Carrier and Premiums 7.1.1 When enrolment and other requirements for group participation in various plans have been met, the Employer will sponsor such plans to the portion agreed upon and such sponsorship shall not exceed that which is authorized or accepted by the benefit agency.

  • Dependent Care Expense Account The Employer agrees to provide insurance eligible employees with the option to participate in a dependent care reimbursement program for work-related dependent care expenses on a pretax basis as permitted by law or regulation.

  • Special Maternity Allowance for Totally Disabled Employees (a) An employee who:

  • Benefit Coverage The Company agrees to provide pension and welfare benefits as described in the Company Booklets, benefit plan documents or policies of insurance for the duration of the Agreement.

  • Group Insurance Benefits To determine if a leave under the provisions of the Family and Medical Leave Act will be paid or unpaid leave of absence contact the school district Employee Benefits Department.

  • Beneficiary Rollovers from Employer-Sponsored Retirement Plans If you are a spouse Beneficiary, nonspouse Beneficiary, or the trustee of an eligible type of trust named as Beneficiary of a deceased employer plan participant, you may directly roll over inherited assets from a qualified retirement plan, 403(a) annuity, 403(b) tax-sheltered annuity, or 457(b) governmental deferred compensation plan to an inherited IRA. The IRA must be maintained as an inherited IRA, subject to the beneficiary distribution requirements.

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