Member Contribution Clause Samples
Member Contribution. 1. The maximum allowance for insurance coverages (other than short-term disability) to be paid by the District, which includes all related costs such as fees, taxes, and assessments, will not be more than that allowed under the Publicly Funded Health Insurance Contribution Act (“Legislative Cap”) or six percent (6%) of the previous year’s maximum allowance (“Contract Cap”), whichever is the least cost to the District.
2. Should the actual cost to the District for said insurance coverages exceed the maximum allowance, it is expressly understood that each Member will be financially responsible for the difference, which will be paid in the form of a Member contribution through payroll deductions. Said deductions will be made on a monthly basis beginning in January.
3. The District will pay up to the Legislative Cap for health insurance coverage, including premiums and contributions to health savings accounts, as well as all related costs such as fees, taxes, and assessments.
4. Monthly Maximum Allowances 2018-19 2019-20 2020-21 Legislative Caps Health Determined by PA 152 of 2011 Contract Caps Health, Dental, Vision, Life, and Long-Term Disability $2,505.18 $2,655.50 $2,814.83 Dental, Vision, Life, and Long- Term Disability Single: 2-Person: Family: $171.64 $181.94 $192.85 $239.70 $254.09 $269.33 $362.82 $384.59 $407.66 5. Calculation Member contributions will be calculated on a composite basis.
Member Contribution. WCE members shall pay the full share of the employee's contribution to the Marin County Retirement System. Effective when feasible in accordance with MCERA and City administrative requirements, all unit employees will pay an additional contribution of one percent (1%) of pensionable compensation toward the normal cost of pension provided by the Marin County Employees Retirement Association, in addition to the current employee contribution towards pension as determined by MCERA. The City of San ▇▇▇▇▇▇ acknowledges that, under its current practice, the employee’s share of their retirement contribution is deducted with pretax dollars. This practice will continue until changed through the Meet and Confer process or until IRS regulations change.
Member Contribution. Non-safety employees in Tier Two Pension shall pay member contributions to the Public Employees’ Retirement System in the amount required by the Public Employee Pension Reform Act (PEPRA), which amount is at least one-half of the total normal costs within the meaning of PEPRA.
Member Contribution. Safety employees in Tier One Pension shall pay the statutory member contribution required by CalPERS, in addition to the cost share requirement described below.
Member Contribution. The Company will return to the Member the pro-rated annual Member Contribution for the fiscal year in which the removal occurred.
Member Contribution. Employees covered by this Section 1 shall continue to pay, through payroll deduction, the full 7.0% member contribution.
Member Contribution. The Member contributions to capital shall be in the form and amounts as set forth in Schedule A. The equity ownership of the Company shall be in an amount that is in direct proportion to each Member’s equity contribution.
Member Contribution. Employee PERS contribution shall be (7%). Employee contribution shall be on a pre-tax basis.
Member Contribution. The amount of the monthly employee contribution for the option in 18.2.1 selected by a full-time employee shall be respective to the rates for each plan and tier. The information is available online at ▇▇▇▇://▇▇.▇▇▇▇.▇▇▇/benefits/_medical-revised.html. Information for Plan Year 2024 is available in Appendix J.
7.2.4.1 Each part-time eligible member who works at least fifty per cent (50%) of the hours constituting a full-time assignment will be responsible to make a monthly contribution in addition to the monthly contribution associated with the chosen health insurance plan option. The amount of the additional monthly contribution will be the per employee per month cost (PEPM) established for the PY times the percentage the member’s work assignment is less than a full-time assignment.
7.2.4.2 Employee contributions shall be recovered through twelve (12) equal monthly payroll deductions. For employees on less than 12- month contracts, i.e. 10- and 11-month contracts, the contributions required during the non-contract month(s) shall normally be deducted from the first paycheck following the non-contract month(s), typically, the following September. In the event the required monthly contribution exceeds compensation in any regular pay period, the employee shall have the responsibility for paying the District directly for the uncovered amount in accord with the Plan Compliance timelines and procedures.
Member Contribution. Non-safety employees in Tier One Pension shall pay the statutory member contribution required by ▇▇▇▇▇▇▇, in addition to the cost share requirement described below.