Payment of Health and Welfare Benefits Sample Clauses

Payment of Health and Welfare Benefits. 9.2.1 For the 2017-18 school year, the District’s total contribution to a full-time faculty member for health and welfare benefits, including, but not limited to, health, dental, vision, and life insurance, shall not exceed $ 1,641.58 per month ($19,699 annually) per faculty member on a twelve-month basis (the “District Maximum Annual Contribution”). This amount includes a one-time annual increase effective July 1, 2017 in the amount of $125. In addition effective July 1, 2018 the Districts Maximum Annual Contribution shall have a one-time annual increase applied in the amount of $50. Any sums in excess of the Districts Maximum Annual Contribution shall be paid, in advance, by the faculty member through monthly payroll deductions.
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Payment of Health and Welfare Benefits. 8.2.1 For the 2022-2023 school year, the District’s total contribution to a full-time employee for all health and welfare benefits, including, but not limited to, health, dental, vision, and life insurance, shall not exceed $ 1,715 per month ($ 20,580 annually) per employee on a twelve-month basis (the “District Maximum Annual Contribution”). Any sums in excess of the District Maximum Annual Contribution shall be paid, in advance, by the employee through monthly payroll deductions.

Related to Payment of Health and Welfare Benefits

  • Health and Welfare Benefits (Article 17 applies to full-time nurses only)

  • Health & Welfare Benefits Executive shall be eligible to participate in all health and welfare benefits provided generally to other employees of the Company.

  • HEALTH AND WELFARE PLAN 16.01 The Employer agrees to pay the amount as set out in the Wage Schedules for all hours worked for each employee towards the Insurance Plan administered by the CLAC Health and Welfare Trust Fund.

  • HEALTH AND WELFARE 36.01 Health and welfare benefits shall be as contained in Appendix "A" of this Agreement and shall form part of this Agreement.

  • HEALTH & WELFARE 16:1 The parties signatory hereto shall enter into a Health and Welfare Plan for which there is a Trust Agreement, known as the Line Construction Benefit Fund, for the purpose of providing insurance benefits for eligible employees and/or their dependents. Effective the first of the month following the signature date of this Agreement, the Employer shall pay to the Line Construction Benefit Fund the sum of $6.50 for each hour worked. Hours worked shall be deemed to include straight-time hours worked, overtime hours worked, and report time not worked. Remittance shall be forwarded to the place designated by the parties hereto on or before the fifteenth (15th) day of each month for each hour worked in weekly payroll periods ending during the preceding month, together with a monthly payroll report on a form to be furnished to the Employer. It is understood and intended by the parties to this Agreement that the purpose of this clause is to establish an Employer financed Health and Welfare Trust and that contributions thereto shall not be deemed to be wages to which any employee shall have any right other than the right to have such contributions paid over to the Trust fund in accordance herewith. Failure of an individual Employer to make all payments provided for, including liquidated damages for late payments, within the time specified, shall be a breach of this Agreement and will further require action by the Trustees as set forth in the Trust Agreement. Any increase in the required contributions set forth above will be paid equally (50% by the Employer and 50% by the Employee). The amount paid by the Employee will come from their NEAP contribution.

  • Retiree Health Benefits 1. There is currently in effect a retiree health benefit program for retired members of LACERS under LAAC Division 4, Chapter 11. All covered employees who are members of LACERS, regardless of retirement tier, shall contribute to LACERS four percent (4%) of their pre-tax compensation earnable toward vested retiree health benefits as provided by this program. The retiree health benefit available under this program is a vested benefit for all covered employees who make this contribution, including employees enrolled in LACERS Tier 3.

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