Premium Contribution. Effective January 1, 2019, each member shall contribute 12% of the premium. Premium contribution for dental and vision coverage shall remain at 7% for the duration of this agreement.
Premium Contribution. Contributions may be pre-tax through the District’s IRS Section 125 plan. The District will be responsible for 80% of the annual medical premium for eligible employees and eligible employees will be responsible for the remaining 20% of the annual medical premium. If the projected annual cost changes on July 1, 2013, the 80/20 cost sharing shall be adjusted accordingly with the 20% paid by the eligible employees allocated among them as determined by the Association.
Premium Contribution. The monthly premium contribution for either family or single health insurance coverage will be equivalent to one hundred five percent (105%) of appropriate premium rates for the lowest bidder among health care providers offered in the Wisconsin Public Employers’ Group Health Insurance programs Dane County service area. The monthly premium contribution will not be adjusted over the five (5) year period for the individual retiree and, therefore, any increase over and above the initial fixed (base) amount will be borne by the individual retiree. The fixed or base amount is that amount determined to be the equivalent to one hundred five percent (105%) [one hundred percent (100%) effective January 2016] of the lowest bidder among health care providers in the year the employee retires. Retiree Co-Pay Premium. Retirees will pay their portion of the premium before any premium contribution will be made from the escrow account. Failure by the retiree to make a timely advance payment of health insurance premium will be cause to declare the retiree ineligible for any future benefit from this program. Once ineligible the retiree will not be reinstated; provided, however, this provision shall not withstand in the event of emergency where it can be shown that a serious health condition or physical incapacity was the contributing cause that overshadowed the retiree’s inability to make a timely premium co-payment. In such cases, funds from the escrow account will be used to pay 100% of the health insurance premium for one (1) month on behalf of the retiree. The retiree is obligated to repay the amount owed prior to the next premium payment. Failure to repay the premium co-payment shall be cause to declare the retiree ineligible for any further benefit contribution from this program.
Premium Contribution a. The State agrees to pay 90 percent of the cost of individual coverage and 75 percent of the cost of dependent coverage, provided under the Empire Plan. The State shall pay 90 percent for individual prescription drug coverage and 75 percent for dependent prescription drug coverage under the Empire Plan.
Premium Contribution. Employees are obliged to pay a premium of 1.64% of their monthly salary up to the departure date. The premium contribution is calculated on the salary up to the normative salary, vacation pay and any relocation allowance/placement allowance. The premium contribution is deducted monthly from the salary.
Premium Contribution. 3.1 You agree to contribute CEI Premium Contribution per month to the pool (“Premium Contribution”). This Premium Contribution will be collected upon registration and upon renewal which takes place on the 28th of each month and will be kept in a separate segregated account.
Premium Contribution. The monthly School District premium contribution shall be adjusted annually to match the cost of full single coverage of the highest plan, but this increase is not retroactive to previous retirees. A retired teacher not enrolled in the School District program must furnish evidence of health insurance coverage and premium cost to the School District payroll manager whereupon the School District will remit to the teacher, on a quarterly basis, the monthly amount applicable at the time of retirement. These benefits shall continue for ten (10) years, eligibility for Medicare, or death, whichever comes first. If one (1) or more persons are on the plan besides the retiree and the retiree dies before ten (10) years or eligibility for Medicare, whichever comes first, the School District premium contribution will continue for one (1) year.
Premium Contribution. (a) Effective July 1, 2016, the District shall contribute a maximum of $957.15 per month (for 12 months of coverage) toward unit member medical insurance premiums. This amount is prorated as follows: 50.00% = 15.00 to 16.87 average hours per week during the prior school year 56.25% = 16.88 to 18.74 average hours per week during the prior school year 62.50% = 18.75 to 20.62 average hours per week during the prior school year 68.75% = 20.63 to 22.49 average hours per week during the prior school year 75.00% = 22.50 to 24.37 average hours per week during the prior school year 100.00% = 24.38 to 30.00 average hours per week during the prior school year The employee shall contribute the remainder of the insurance premiums, if any, through payroll deduction. An IRC Section 125 plan is available to unit members to pay premium contributions on a pre-tax basis.
Premium Contribution. The employee will pay a personal income-dependent contribution towards the pension premium. The amount of the personal contribution will be determined by the parties to the collective employment agreement. The personal contribution amounts to 2% of the pensionable earnings. The employee authorizes the employer to withhold the pension scheme premiums that the employee owes from the gross monthly salary. The employer arranges payment of the total pension scheme premiums owed to the fund
Premium Contribution. Reference Article XIV, Section 1 – Medical, Section 2, Dental, Section 3 – Vision, Section 4 – Full-Time Employee.
