Insurance Protection Packages Sample Clauses

Insurance Protection Packages. A. The BOARD shall provide all insurance benefits listed in Section A for a full twelve-month period of each school year for all teachers in the bargaining unit, except for those teachers electing benefits under Section B below, and those being pro-rated. Such benefits shall be provided to each teacher and his/her dependents, as defined by MESSA. Benefits listed in Section A shall be provided as follows: ➢ teachers who teach 50% or more for the year: Plan A, with B option for the full year; ➢ teachers who teach 50% or more for a semester: Plan A, with B option for the semester; ➢ teachers teaching less than 50% will have insurance benefits pro-rated according to the amount of time Teachers will have the option to elect MESSA Choices II, MESSA ABC 1, MESSA ABC 1 with 20% co-insurance, or MESSA ABC 2 with 20% co-insurance. The BOARD will pay the Public Employer Contributions Annual Cost Limit (Hard Cap) per MCL 15.563 toward the cost of Teachers’ health insurance premiums and continue to pay 90% of the cost toward Dental, Vision, Life, AD&D, and Long-Term Disability premiums. MESSA Choices Pak A health insurance with a $500/$1,000 deductible. Office visits, urgent care and emergency room deductible will be $20, $25 and $50 respectively. Prescription coverage will be provided under the RX Saver plan. MESSA ABC 1 Pak A health insurance with the ABC RX plan.
AutoNDA by SimpleDocs
Insurance Protection Packages. A. The BOARD shall provide all insurance benefits listed in Section A for a full twelve-month period of each school year for all teachers in the bargaining unit, except for those teachers electing benefits under Section B below, and those being pro-rated. Such benefits shall be provided, without cost to the teachers, to each teacher and his/her dependents, as defined by MESSA. Benefits listed in Section A shall be provided as follows: ➢ teachers who teach 50% or more for the year: Plan A, with B option for the full year; ➢ teachers who teach 50% or more for a semester: Plan A, with B option for the semester; ➢ teachers assigned in September to 50% or more for the year, but later reduced: Plan A with B option. ➢ teachers teaching less than 50% will have insurance benefits pro- rated according to the amount of time
Insurance Protection Packages. A. The BOARD shall provide all insurance benefits listed in Section A for a full twelve-month period of each school year for all teachers in the bargaining unit, except for those teachers electing benefits under Section B below, and those being pro-rated. Such benefits shall be provided to each teacher and his/her dependents, as defined by MESSA. Benefits listed in Section A shall be provided as follows: ⮚ teachers who teach 50% or more for the year: Plan A, with B option for the full year; ⮚ teachers who teach 50% or more for a semester: Plan A, with B option for the semester; ⮚ teachers teaching less than 50% will have insurance benefits pro-rated according to the amount of time Teachers will have the option to elect: ⮚ MESSA Choices $500/$1,000, $20 OV, 3 Tier MM; or ⮚ MESSA ABC 1 with 3 Tier Rx; or ⮚ MESSA ABC 1, 20% co-insurance, 3 Tier Rx: or ⮚ MESSA ABC 2, 20% co-insurance, and 3 Tier Rx. The BOARD will pay the Public Employer Contributions Annual Cost Limit (Hard Cap) per MCL 15.563 toward the cost of Teachers’ health insurance premiums and continue to pay 90% of the cost toward Dental, Vision, Life, AD&D, and Long-Term Disability premiums.

Related to Insurance Protection Packages

  • INSURANCE PROTECTION Insurance protection for employees travelling on work related business is provided in accordance with the DHB’s insurance policy. The provisions of the insurance policy are available through the Human Resources department.

  • Insurance Programs 1. The District agrees to provide a program of life, medical and dental insurance benefits for teachers. The District shall offer each employee a choice between the following two (2) programs of medical and health care:

  • Insurance Application An employee on unpaid leave is eligible to continue to participate in group insurance programs if permitted under the insurance policy provisions. The employee shall pay the entire premium for such insurance commencing with the beginning of the leave and shall pay to the School District the monthly premium in advance, except as otherwise provided in law. In the event the employee is on paid leave from the School District under Section 1. above or supplemented by sick leave pursuant to Section 2. above, the School District will continue insurance contributions as provided in this Agreement until sick leave is exhausted. Thereafter, the employee must pay the entire premium for any insurance retained.

  • Insurance Program An eligible employee may waive rights to participate in either single or family coverage. If an employee waives this benefit, such employee may not revoke the waiver until the next open enrollment period and may be accepted only after medical review by the insurance provider.

  • Income Protection Plan 7.2.1 (a) All employees w ho are unable to perform their duties due to an illness or injury, other than one for w hich Workplace Safety and Insurance benefits are payable, shall be entitled to income protection in accordance w ith the follow ing schedule: Length of Service Full Salary 2/3' s Salary (Weeks) (Weeks) 3 months but less than 6 months 1 1 6 months but less than 12 months1 16 1 year but less than 2 years 2 15 2 years but less than 3 years 3 14 3 years but less than 4 years 4 13 4 years but less than 5 years 5 12 5 years but less than 6 years 7 10 6 years but less than 7 years 9 8 7 years but less than 8 years 11 6 8 years but less than 9 years 13 4 9 years but less than 10 years 15 2

  • Boiler and Machinery Insurance The Owner shall have the option of purchasing and maintaining boiler and machinery insurance required by the Contract Documents or by law, which shall specifically cover such insured objects during installation and until final acceptance by the Owner. If purchased this insurance shall include interests of the Owner, Contractor, Subcontractors and Sub-subcontrators in the Work.

  • Insurance Plans The Executive is eligible to participate in the life, health, dental, short and long-term disability plans made available to the employees of the Company pursuant to the terms and conditions of such plans.

  • Income Protection Insurance The Employer shall provide Income Protection Insurance through an ETU nominated policy and scheme. It is agreed that the premium will be collected and administered by the “Protect” Severance Scheme at the same time as severance payments are made. Income protection will be paid for the employees and will be paid for all periods of authorised absence and cannot be on a pro-rata basis. It is agreed the Income Protection Insurance payments are paid on a monthly basis by the 14th day of each month. It is agreed that if the Employer has not made a valid or current insurance payment to “Protect”, the Employer shall be liable for any loss of earnings or benefits that would have otherwise been given to the employee. The rates of payment and cover shall be as follows: From 1/1/06 to 28/2/07* From 1/3/07 to 31/12/08* From 1/1/09* Tradesperson’s Premium $19.70 per week $20.90 per week $24.00 per week** For Cover $1,100 $1,100 $1,200** Apprentice Premium $12.50 per week $13.50 per week $19.90 per week** For Cover $660 $660 $750** * These rates are inclusive of GST and stamp duty. ** These are the premium rates and levels of cover that shall apply, unless reduced by the agreement of NECA and the ETU. It is the intention of NECA and the ETU to seek a lower premium. The premium rates and level of cover shall not exceed the amounts set out in the final column of the table above. The insurance benefits contained in this Policy will not be reduced during the life of this Agreement.

  • - INCOME PROTECTION AND WORKERS COMPENSATION 2301 A nurse having accumulated income protection may claim basic pay for such income protection against such accumulation with respect to periods during which:

  • Income Protection All workers will be covered by the extended Incolink Leisure Time Insurance and Income protection Scheme which provides defined weekly payments ($500 per week to workers with dependants, $400 per week to workers without dependants) for up to a maximum 104 weeks in the event of an extended work absence arising from any personal illness or injury (whether or not work related). The costs of this benefit will be shared between Incolink and the company on a 30/70 basis. Agreed premium costs will be: Incolink - $2.10 per week/worker Employer - $4.90 per week/worker It is a condition of the company’s agreement to provide this benefit that premium costs be maintained at not more than the February 1998 equivalent. In the event of premium costs escalating, the parties are agreed that the benefits table will be revised downwards so as to contain premium costs within the agreed limits. To maintain this cover the company agrees to pay the amounts every week for each employee. In the event the company does not maintain the above policy, the company will be liable in full to pay equivalent benefits to an employee who meets eligibility criteria as set out in the policy document.

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