Common use of Optional Benefit Clause in Contracts

Optional Benefit. Plan (OBP)‌ The County shall provide each eligible full-time employee a contribution of $6,240 per fiscal year, prorated over 24 pay periods, toward the purchase of benefits included within the optional Benefit Plan (OBP). Each prorated contribution shall not be deemed earned until the pay period in which it is paid. These benefits are specifically defined in the OBP. Provisions generally include the following: A. El Dorado County Health Care Account - Eligible employees may elect to receive medical and dental benefits under the County OBP. B. Supplemental Life Insurance - An employee eligible under this section may use the Optional Benefits Plan to purchase additional life insurance subject to the provision of the OBP and respective life insurance plans.

Optional Benefit. Plan (OBP)‌ The County shall provide each eligible full-time employee a contribution of $6,240 6,000 per fiscal year, prorated over 24 26 pay periods, toward the purchase of benefits included within the optional Benefit Plan (OBP). Each prorated contribution shall not be deemed earned until the pay period in which it is paid. These benefits are specifically defined in the OBP. Provisions generally include the following: A. El Dorado County Health Care Account - Eligible employees may elect to receive medical and dental benefits under the County OBP. B. Supplemental Life Insurance - An employee eligible under this section may use the Optional Benefits Plan to purchase additional life insurance subject to the provision of the OBP and respective life insurance plans.