Premium Share Sample Clauses

Premium Share. The State shall pay eighty percent (80%) of the premium cost of each plan and the employee or retiree will pay the remaining twenty percent (20%).
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Premium Share. Subject to the terms and conditions of the plans, the Board will pay 100 per cent of the premiums for group life insurance, medical services plan, extended health and dental benefits for all eligible permanent employees working half-time or greater. Eligible permanent part-time employees working less than half-time will receive benefits on a pro-rata basis. Municipal superannuation premiums will be as indicated in the Municipal Superannuation Act.
Premium Share. Effective July 1, 2022, members’ health care premium share will be as follows below: Contract Year Employee Share Employer HSA Funding HSA Funding Date to be Paid July 1, 2022 – June 30, 2023 10% 50% To be paid twice annually as follows: the first payroll following August 1 and January 1 July 1, 2023 – June 30, 2024 10% 50% To be paid twice annually as follows: the first payroll following August 1 and January 1 July 1, 2024 – June 30, 2025 12% 50% To be paid twice annually as follows: the first payroll following August 1 and January 1 July 1, 2025 – June 30, 2026 12% 50% To be paid twice annually as follows: the first payroll following August 1 and January 1
Premium Share. The Employer will cover Employees with substantially the same health and dental insurance coverage and benefits as non-exempt, non-bargaining-unit Employees. The benefits provided in this Agreement will be provided through group coverage selected by the Employer. The Employee will pay a percentage of the monthly insurance premium, according to Table 18.1-1. TABLE 18.1-1 Effective Date Percent of Premium January 1, 2021 20% of monthly premium January 1, 2022 20% of monthly premium January 1, 2023 20% of monthly premium
Premium Share. Notwithstanding Sections 24.1 and 24.2 above, the monthly “premium share” of the medical health insurance premiums (as measured by the COBRA rate then in effect) shall not exceed the City paying 85% of the medical health insurance premiums and each enrolled employee paying 15% of the medical health insurance premiums.
Premium Share. Members of the bargaining unit shall share the cost of the premium with the District. The District will pay ninety-five percent (95%) and the member will pay five percent (5%) of their monthly premium. The member’s share shall be deducted pre-tax.
Premium Share. All employees eligible for board paid insurance will pay a pre-tax premium share based on the employee’s enrollment status as of July 1 of each year the premium share amount shall be adjusted annually effective July 1. During the term of this contract, the premium share per pay amount recovered by the Board will be as follows: 2022-2023, 2023-2024, and 2024-2025 Single $30.00 2-Person $35.00 Family $40.00 2025-2026 Single $35.00 2-Person $40.00 Family $45.00
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Premium Share. Full-time eligible bargaining unit members’ contributions toward the premium cost Medical, Prescription Drug, Vision, and Dental insurances shall be in the amount equal to 10% of the of premium from the base plan (A1). Current employees hired during or before the 2016-17 school year who work 35 hours per week may receive the 4th (bronze) plan single at no cost. Also, employees with at least 30 hours but less than 35 hours can receive the 4th (bronze) plan single at a cost equal to 9.2% of gross monthly wages. The Board shall provide to the extent available under the internal revenue code and regulations a flexible spending account (section 125 plan) for the payment of unit members insurance premium contributions on a pretax basis, and other contributions agreed to by the Board and the Association.
Premium Share. Full-time eligible bargaining unit members’ contributions toward the premium cost Medical, Prescription Drug, Vision, and Dental insurances shall be in the amount equal to 10% of the of premium from the base High Deductible Health Plan (HDHP). Also, employees with at least thirty (30) hours but less than thirty-five (35) hours can receive the HDHP single at a cost equal to 9.2% of gross monthly wages. The Board shall provide to the extent available under the internal revenue code and regulations a flexible spending account (section 125 plan) for the payment of unit members insurance premium contributions on a pretax basis, and other contributions agreed to by the Board and the Association.
Premium Share. All Coverages: 2021-2022 2022-2023 2023-2024 Medical EE 17.5% 18.5% 19.5% EE+1 17.5% 18.5% 19.5% Family 17.5% 18.5% 19.5% Dental EE 17.5% 18.5% 19.5% EE+1 17.5% (Dependent Portion) 18.5% (Dependent Portion) 19.5% (Dependent Portion) Family 17.5% (Dependent Portion) 18.5% (Dependent Portion) 19.5% (Dependent Portion) Life 0% 0% 0% LTD 0% 0% 0% Example: Single dental coverage premium of $30.00 per month, and two-person dental premium of $50.00 per month. Dependent portion is $20.00 per month, paid 100% by the administrator.
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