PLAN TWO Sample Clauses

PLAN TWO. (Pyramid Plan - Current Retirees Only) This health insurance plan shall incorporate an overall policy deductible of $100.00/single, $300.00/family with an 80%/20% split on the next $3,000, (80% County/20% Employee). The former deductible of $100.00/$300.00 with an 80%/20% split on the next $10,000.00 (major medical) has been eliminated.
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PLAN TWO. A member may elect to be compensated for accrued and unused sick leave if he/she has accumulated 90 days or more of unused sick leave by September 1 of the current year as follows:
PLAN TWO. (Flex Plan) This health insurance plan shall incorporate an overall policy deductible of $200.00/single, $600.00/family with an 80%/20% split on the next $5,000, (80% County/20% Employee). Additional provisions of the plan are listed on Appendix "D" to this Agreement which is attached hereto and incor- porated by reference herein. This plan requires precertification for in-patient elective surgery, out- patient elective surgery, non-emergency use of emergency room, and emergency hospital confinement with a penalty of $50.00 for failing to obtain pre- certification. NOTE: Retirees are not eligible for flexible spending accounts. Effective January 1, 2002, the deductibles in this Plan will increase to $250.00/single, $750.00/family with an 80%/20% split on the next $7,500/single, $7,500/family. The County’s contribution to the flexible spending accounts will continue unchanged at $250.00/single, $500.00/family. Additionally, there will be a separate and independent drug co-pay of $10.00/generic and $20.00/non-generic.
PLAN TWO. For properties with a central heating gas boiler that IS covered by a manufacturer’s warranty. “Plan Two” includes all the benefits in the “What is covered?” section of this policy on page 5 excluding repairs to the gas boiler. If you opt for “Plan Two” please inform us when your boiler warranty expires. When the warranty expires you will have the option of changing to Plan One without entering in to a new contract. Just call Property Guard and they will increase your monthly payments and change your cover to Plan One. If you ever have a new boiler installed by Property Guard or another contractor you can change your cover from “Plan One” to “Plan Two” by contacting Property Guard and your payments will be reduced and your cover will be changed.

Related to PLAN TWO

  • Plan B The Trustees are directed to modify Plan B in a similar manner and with similar effect as in Plan A. In addition, the existing provisions governing the operation of Plan B shall continue as follows:

  • Profit Sharing Plan Under the Northrim BanCorp, Inc. Profit Sharing Plan (the “Plan”), Executive shall be eligible to receive an annual profit share based on performance as defined by the Board of Directors. Executive will be classified in the Executive tier under the Plan’s Responsibility Factors. If Employer is required to prepare an accounting restatement due to “material noncompliance of the Employer,” the Employer will recover from the Executive any incentive compensation during the three (3) years prior to the date of the restatement, in excess of what would have been paid under the restatement. Executive’s signature on this Agreement authorizes Employer to offset or deduct from any compensation Employer may owe Executive, any excess payments (in whole or in part) that Executive may owe Employer due to such restatement(s).

  • Deferral Plan The deferral portion of the plan shall involve an employee spreading four (4) years' salary over a five (5) year period, or such other schedule as may be mutually agreed between the employee and the Hospital. In the case of the four (4) years' salary over a five (5) year schedule, during the four (4) years of salary deferral, 20% of the employee's gross annual earnings will be deducted and held for the employee. Such deferred salary will not be accessible to the employee until the year of the leave or upon the collapse of the plan. In the case of another mutually agreed upon deferral schedule, the percentage of salary deferred shall be adjusted appropriately.

  • Savings Plan Executive will be eligible to enroll and participate, and be immediately vested in, all Company savings and retirement plans, including any 401(k) plans, as are available from time to time to other key executive employees.

  • Annuity Plan Teachers will be eligible to participate in a “tax sheltered” annuity plan established pursuant to United States Public Law No. 87-370.

  • Plan Terms The terms of the Plan are hereby incorporated herein by reference.

  • Leave Plan Effective April the Hospital agrees to introduce a leave program, funded solely by the nurse, subject to the following terms and conditions:

  • 401(k) Plan The Company presently offers its employees a 401k plan with a Company match to be determined annually by the Compensation Committee of the Board of Directors. You may elect to contribute pre-tax deferrals through payroll deduction pursuant to the terms of the 401k plan.

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

  • Savings Plans Employee shall be entitled to participate in Employer’s 401(k) plan, or other retirement or savings plans as are made available to Employer’s other executives and officers and on the same terms which are available to Employer’s other executives and officers.

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