Common use of Non-Automatic Deposit Clause in Contracts

Non-Automatic Deposit. Teachers hired before July 1, 2005, may maintain their present method of payment. Payment will be held at the District office until the end of the payday, then mailed to the employee’s home address. The District agrees to offer options for health plan coverage, as described below, beginning the first day of the month following thirty (30) days of employment and continuing until employment termination. For employees who elect to participate in the District’s health benefits plan, coverage will extend until August 31 for any terminating teacher who holds and completes a full year contract. Retired teachers who qualify for health coverage under the Alaska Teachers’ Retirement System (TRS) do not qualify for health coverage under the District’s plan. An employee has the option to continue health plan coverage at his/her own expense during a long-term leave of absence. Employees may choose not to be covered by District health benefits and therefore not required to make an employee contribution, provided the employee signs a statement attesting that he/she is covered by other health insurance. Employees who wish to enroll a spouse and/or children in the District’s plan may do so by completing the proper paperwork and providing the required supporting documentation to Human Resources in a timely manner. The District offers a Plan Option A, a Plan Option B, and a Plan Option C. Plan options, benefits, and criteria for participation are described in the Summary Plan Description. The District shall provide each employee with a copy of the Summary Plan Description describing health care benefits and shall inform employees of any changes in benefits annually. Employee contributions to the District’s plan in the form of payroll deductions will be based on a tiered structure as follows: Employee Only Employee + Spouse or Employee + Child(ren) Employee + Family Employee contributions are based on actuaries, provided by the Health Plan Consultant, of total health plan costs and are dependent on which tier of coverage is selected. Employee contributions will be deducted from employee paychecks over nineteen (19) pay periods beginning with the first pay check in September. Total employee dollar share of health plan costs is based on the negotiated employee percentage as applied to plan costs. For the 2017, 2018 and 2019 plan years the Standard group health plan, (Plan A), the District shall pay 80% and the employee shall pay 20% of the health plan costs. Plan A will not be an option for new District employees after January 1, 2017. The High Deductible Health Plan (HDHP) (Plan B and Plan C), the District shall pay 100% and an employee shall pay 0% of the health plan costs for 2017, 2018 and 2019. The dollar amount for the 100% rate in 2019 will become a hard cap of District contribution for ensuing years. Health Plan Employee Contribution Calculation 1. The following definitions will apply: • Base-Employee-Contribution – For 2017 & 2018 the amount equal to the Employee- Dollar-Share divided by the number of Eligible Positions. Beginning in the plan year 2019 Base-Employee Contribution is the amount equal to the Employee-Dollar Share divided by the number of Participating Employees. • Employee Contributions – amounts collected from employees during the period of September through May of the fiscal year. • Employee Percentage – the negotiated percentage that will be applied to Plan-Costs to calculate the Employee-Dollar-Share. • Employee-Dollar-Share – the amount equal to Plan-Costs multiplied by the Employee Percentage and is used to calculate the Base-Employee-Contribution. • Eligible Positions – the number of benefit eligible employees on April 1 of the previous plan year. • Participating Employees – the number of benefit eligible employees who are enrolled in the plan on April 1 of the previous plan year. • Expected Contribution – For 2017 and 2018 plan year is the amount expected to be collected during the fiscal year and is equal to the number of Eligible Positions times the Base-Employee Contribution. For the 2019 plan year the amount expected to be collected during the fiscal year is equal to the number of Enrolled Active Plan Participants times the Base-Employee Contribution. • Plan-Costs – the current year of the actuarial costs as supplied by the health plan consultant.

Non-Automatic Deposit. Teachers hired before July 1, 2005, may maintain their present method of payment. Payment will be held at the District office until the end of the payday, then mailed to the employee’s home address. 111 HEALTH PLAN The District agrees to offer options for health plan coverage, as described below, beginning the first day of the month following thirty (30) days of employment and continuing until employment termination. For employees who elect to participate in the District’s health benefits plan, coverage will extend until August 31 for any terminating teacher who holds and completes a full year contract. Retired teachers who qualify for health coverage under the Alaska Teachers’ Retirement System (TRS) do not qualify for health coverage under the District’s plan. An employee has the option to continue health plan coverage at his/her own expense during a long-term leave of absence. Employees may choose not to be covered by District health benefits and therefore not required to make an employee contribution, provided the employee signs a statement attesting that he/she is covered by other health insurance. Employees who wish to enroll a spouse and/or children in the District’s plan may do so by completing the proper paperwork and providing the required supporting documentation to Human Resources in a timely manner. The District offers a Plan Option A, a Plan Option B, and a Plan Option C. Plan options, benefits, and criteria for participation are described in the Summary Plan Description. The District shall provide each employee with a copy of the Summary Plan Description describing health care benefits and shall inform employees of any changes in benefits annually. Employee contributions to the District’s plan in the form of payroll deductions will be based on a tiered structure as follows: Employee Only Employee + Spouse or Employee + Child(ren) Employee + Family Employee contributions are based on actuaries, provided by the Health Plan Consultant, of total health plan costs and are dependent on which tier of coverage is selected. Employee contributions will be deducted from employee paychecks over nineteen (19) pay periods beginning with the first pay check in September. Total employee dollar share of health plan costs is based on the negotiated employee percentage as applied to plan costs. For the 2017, 2018 and 2019 plan years the Standard group health plan, (Plan A), the District shall pay 80% and the employee shall pay 20% of the health plan costs. Plan A will not be an option for new District employees after January 1, 2017. The High Deductible Health Plan (HDHP) (Plan B and Plan C), the District shall pay 100% and an employee shall pay 0% of the health plan costs for 2017, 2018 and 2019. The dollar amount for the 100% rate in 2019 will become a hard cap of District contribution for ensuing years. Health Plan Employee Contribution Calculation 1. The following definitions will apply: • Base-Employee-Contribution – For 2017 & 2018 the amount equal to the Employee- Dollar-Share divided by the number of Eligible Positions. Beginning in the plan year 2019 Base-Employee Contribution is the amount equal to the Employee-Dollar Share divided by the number of Participating Employees. • Employee Contributions – amounts collected from employees during the period of September through May of the fiscal year. • Employee Percentage – the negotiated percentage that will be applied to Plan-Costs to calculate the Employee-Dollar-Share. • Employee-Dollar-Share – the amount equal to Plan-Costs multiplied by the Employee Percentage and is used to calculate the Base-Employee-Contribution. • Eligible Positions – the number of benefit eligible employees on April 1 of the previous plan year. • Participating Employees – the number of benefit eligible employees who are enrolled in the plan on April 1 of the previous plan year. • Expected Contribution – For 2017 and 2018 plan year is the amount expected to be collected during the fiscal year and is equal to the number of Eligible Positions times the Base-Employee Contribution. For the 2019 plan year the amount expected to be collected during the fiscal year is equal to the number of Enrolled Active Plan Participants times the Base-Employee Contribution. • Plan-Costs – the current year of the actuarial costs as supplied by the health plan consultant.

Non-Automatic Deposit. Teachers hired before July 1, 2005, may maintain their present method of payment. Payment will be held at the District office until the end of the payday, then mailed to the employee’s home address. 111 HEALTH PLAN The District agrees to offer options for health plan coverage, as described below, beginning the first day of the month following thirty (30) days of employment and continuing until employment termination. For employees who elect to participate in the District’s health benefits plan, coverage will extend until August 31 for any terminating teacher who holds and completes a full year contract. Retired Terminating teachers who qualify for health coverage under the Alaska Teachers’ Retirement System (TRS) do not qualify for health coverage under the District’s plan. An employee has the option to continue health plan coverage at his/her own expense during a long-long- term leave of absence. Employees may choose not to be covered by District health benefits and therefore not required to make an employee contribution, provided the employee signs a statement attesting that he/she is covered by other health insurance. Employees who wish to enroll a spouse and/or children in the District’s plan may do so by completing the proper paperwork and providing the required supporting documentation to Human Resources in a timely manner. The District offers a Plan Option A, a Plan Option B, and a Plan Option C. Plan options, benefits, and criteria for participation are described in the Summary Plan Description. The District shall provide each employee with a copy of the Summary Plan Description describing health care benefits and shall inform employees of any changes in benefits annually. Employee contributions to the District’s plan in the form of payroll deductions will be based on a tiered structure as follows: Employee Only Employee + Spouse or Employee + Child(ren) Employee + Family Employee contributions are based on actuaries, provided by the Health Plan Consultant, of total health plan costs and are dependent on which family tier of coverage is selected. Employee contributions will be deducted from employee paychecks over nineteen (19) pay periods beginning with the first pay check in September. Total employee dollar share of health plan costs is based on the negotiated employee percentage as applied to plan costs. For the 2017, 2018 and 2019 plan years the Standard group health plan, (Plan A), the District shall pay 80% and the employee shall pay 20% of the health plan costs. Plan A will not be an option for new District employees after January 1, 2017. The High Deductible Health Plan (HDHP) (Plan B and Plan C), the District shall pay 100% and an employee shall pay 0% of the health plan costs for 2017, 2018 and 2019. The dollar amount for the 100% rate in 2019 will become a hard cap of District contribution for ensuing years. Health Plan Employee Contribution Calculation 1. The following definitions will apply: • Base-Employee-Contribution – For 2017 & 2018 the amount equal to the Employee- Dollar-Share divided by the number of Eligible Positions. Beginning in the plan year 2019 Base-Employee Contribution is the amount equal to the Employee-Dollar Share divided by the number of Participating Employees. • Employee Contributions – amounts collected from employees during the period of September through May of the fiscal year. • Employee Percentage – the negotiated percentage that will be applied to Plan-Costs to calculate the Employee-Dollar-Share. • Employee-Dollar-Share – the amount equal to Plan-Costs multiplied by the Employee Percentage and is used to calculate the Base-Employee-Contribution. • Eligible Positions – the number of benefit eligible employees on April 1 of the previous plan year. • Participating Employees – the number of benefit eligible employees who are enrolled in the plan on April 1 of the previous plan year. • Expected Contribution – For 2017 and 2018 plan year is the amount expected to be collected during the fiscal year and is equal to the number of Eligible Positions times the Base-Employee Contribution. For the 2019 plan year the amount expected to be collected during the fiscal year is equal to the number of Enrolled Active Plan Participants times the Base-Employee Contribution. • Plan-Costs – the current year of the actuarial costs as supplied by the health plan consultant.