MVP. The plan document shall be approved by the Association and incorporated into this Agreement by reference. The District Plan will include a prescription drug rider (Tiers as defined by NY 44 prescription provider) as follows:
MVP. The plan document shall be approved by the Association and incorporated into this Agreement by reference. Upon such changes, and for each year thereafter for the duration of their employment with the District, unit members who were enrolled in the current Blue Cross Blue Shield Plan or MVP plan as of June 1, 2005 will be granted a yearly stipend of $500 if they were enrolled under family or employee and spouse coverage, or a payment of $200 if enrolled under single coverage as of that date. The above deductions for both DCMO BOCES plans will be on the amount the employee would pay towards the premium. §105(h) The District will establish an IRC §105(h) account for each bargaining unit member who participates in the District sponsored health insurance plan. Said account shall be used for non-reimbursed medical, dental or vision expenses. The District will be solely responsible for the administration and set-up fees associated with the IRC §105(h). Effective July 1, 2015, the District will contribute two hundred dollars and zero cents ($200.00) into each bargaining unit member’s §105(h) account. Effective July 1, 2016, and each July 1 thereafter, the District will contribute two hundred and fifty dollars and zero cents ($250.00) into each bargaining unit member’s §105(h) account until the unit member has accumulated five thousand dollars ($5,000), at which point the District will cease contributions. Unit members hired on or after July 1 of any calendar year will receive a prorated amount in their IRC §105(h) account for that year. The IRC §105(h) account may be rolled over from year to year. Upon retirement, termination or resignation from the District, the District shall cease contributions to the IRC §105(h). Should a member of the unit leave the District for any reason other than retirement, such member shall have access to his/her accrued funds for a period of one year after the date of his/her resignation or termination, and the remaining funds shall revert back to the District. Upon retirement, the employee shall have access to his/her accrued funds until exhausted. Upon death of a member, all monies shall be left to the member’s estate. Bargaining unit members are responsible for maintaining copies of all receipts for the IRS auditing purposes. The final IRC §105(h) plan document shall be agreed by the parties. Retiree Health Insurance Retirees who have completed ten (10) or more years of District service at the time of retirement are entitled to cont...
