Common use of Premium Contribution Clause in Contracts

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. (b) For part-time employees, the District shall contribute a prorated amount toward insurance premiums. The employee shall contribute the remainder of the insurance premiums for selected insurance options through payroll deduction. The amount of the District’s contribution shall be prorated based on the percentage of full time that the employee is regularly assigned to work.

Premium Contribution. (a) Effective July 1, 2016, the District shall contribute a maximum of $957.15 per month (for 12 months of coverage)toward 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. (b) For part-time employees, the District shall contribute a prorated amount toward insurance premiums. The employee shall contribute the remainder of the insurance premiums for selected insurance options through payroll deduction. The amount of the District’s contribution shall be prorated based on the percentage of full time that the employee is regularly assigned to work.

Premium Contribution. (a) Effective July October 1, 20162022, the District shall contribute a maximum of $957.15 1,258.00 per month (for 12 months of coverage)toward 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. (b) For part-time employees, the District shall contribute a prorated amount toward insurance premiums. The employee shall contribute the remainder of the insurance premiums for selected insurance options through payroll deduction. The amount of the District’s contribution shall be prorated based on the percentage of full time that the employee is regularly assigned to work.