Common use of Pay Back Clause in Contracts

Pay Back. For 2018-19 and 2019-20, principals/assistant principals employed by the District as principals/assistant principals prior to July 1, 1996 shall be eligible for a “pay back” not to exceed $8,300 (for 2018-19) and $9,105 (2019-20) if they elect coverage that is less expensive than the District contribution for health and dental insurance. This pay back will be paid in semi- monthly installments beginning one (1) month after the open enrollment period.

Pay Back. For 20182016-19 17 and 20192017-2018, principals/assistant principals employed by the District as principals/assistant principals prior to July 1, 1996 shall be eligible for a “pay back” not to exceed $8,300 (for 2018-19) and $9,105 (2019-20) if they elect coverage that is less expensive than the District contribution for health and dental insurance. This pay back will be paid in semi- semi-monthly installments beginning one (1) month after the open enrollment period.

Pay Back. For 20182020-19 21 and 20192021-2022, principals/assistant principals employed by the District as principals/assistant principals prior to July 1, 1996 shall be eligible for a “pay back” not to exceed $8,300 (for 2018-19) and $9,105 (2019-20) if they elect coverage that is less expensive than the District contribution for health and dental insurance. This pay back will be paid in semi- semi-monthly installments beginning one (1) month after the open enrollment period.