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.
Appears in 2 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement