Salary and Wage Related Fringe Benefits. A. MEDICAL/HOSPITALIZATION INSURANCE The Board will pay toward the cost of a twelve (12) month hospital, surgical, and medical care type insurance for each full-time teacher employed under regular contract and enrolled in the school corporation's group medical insurance plan. The amounts specified below will be paid to such insurance company or companies as is determined and selected by the Board, with the teacher not paying less than one dollar ($1.00) per year. Board payment per teacher: Sept 2020 Employee Single Coverage: $7,000 Employee Family Coverage $11,000 Teachers who choose to enroll in the school corporation's group medical insurance plan must notify the office of the Superintendent in writing, not later than August 31 of their desire to participate in said insurance plan, provided however, that persons employed after said notification dates shall have the opportunity to participate in the insurance plan.
Salary and Wage Related Fringe Benefits. Medical Insurance Upon acceptance of written application, the Board agrees to provide each teacher with a subsidy toward the purchase of health care protection. Effective January 1, 2020, the subsidy will be Four Hundred Ninety-One Dollars($491) per month for single coverage and One Thousand One Hundred Ninety-Nine Dollars ($1,199) per month for the family plan. Effective January 1, 2021 this subsidy shall be Four Five Hundred Two Dollars($502)per month for single coverage and One Thousand Two-Hundred Thirty Dollars($1,203) per month for the family plan. Each teacher who participates in a plan shall pay a minimum of two dollars ($2.00) per month. If a teacher resigns or is terminated the subsidy shall cease with the last payroll check issued to a teacher who does not serve through the end of the school year, or the last payroll check of the contract year for a teacher who does serve through the end of the school year.
Salary and Wage Related Fringe Benefits. A. Medical Insurance- School employee will be responsible for amount indicated below toward the cost of hospital, surgical, and medical care type insurance, including major medical, for each full time teacher employed under regular contract and enrolled in the school corporation’s group medical plan. Any insurance increase will be assessed on a pro-rated basis based upon the current percentage between the employee and the employer until the current contract is settled. Annual Premium Corporation Share Employee Share Bi-Weekly PPO 1 PLAN 26 Pays $750 PPO 1 PLAN EMPLOYEE $13,944.00 $12,173.11 $1,770.89 $68.12 $1,500.00 PPO 1 PLAN EMPLOYEE & CHILD $22,164.00 $11,946.40 $10,217.60 $392.99 EMPLOYEE& SPOUSE $28,476.00 $15,149.23 $13,326.77 $512.57 FAMILY $36,288.00 $18,906.05 $17,381.95 $668.55 PPO 2 PLAN $1,500 PPO 2 PLAN EMPLOYEE $10,584.00 $9,165.74 $1,418.26 $54.55 $3,000.00 PPO 2 PLAN EMPLOYEE & CHILD $17,844.00 $10,563.65 $7,280.35 $280.02 EMPLOYEE& SPOUSE $22,476.00 $13,283.32 $9,192.68 $353.57 FAMILY $28,560.00 $16,536.24 $12,023.76 $462.46 HDHP 1 PLAN $3,400.00 HDHP 1 PLAN EMPLOYEE $9,396.00 $8,475.19 $920.81 $35.42 $6,750.00 HDHP 1 PLAN EMPLOYEE & CHILD $15,564.00 $10,490.14 $5,073.86 $195.15 EMPLOYEE& SPOUSE $19,728.00 $13,296.67 $6,431.33 $247.36 FAMILY $25,380.00 $16,750.80 $8,629.20 $331.90 HDHP 2 PLAN $6,000.00 HDHP 2 PLAN EMPLOYEE $7,884.00 $7,079.83 $804.17 $30.93 $12,000.00 HDHP 2 PLAN EMPLOYEE & CHILD $12,984.00 $10,439.14 $2,544.86 $97.88 EMPLOYEE& SPOUSE $16,572.00 $13,307.32 $3,264.68 $125.57 FAMILY $21,300.00 $16,763.10 $4,536.90 $174.50 B. Term Life Insurance- The Board will pay toward the cost of term life insurance in the amount of $50,000.00 coverage, including AD & D, per full-time teacher employed under regular contract and enrolled in the school corporation's group term insurance plan, with the teacher paying no more than One Dollar ($1.00) per year. If approved by the school corporation's term insurance carrier, a teacher shall be allowed to purchase additional coverage, at the teacher's sole expense, through payroll deduction.
Salary and Wage Related Fringe Benefits. F. Vision Insurance (cont’d) Should both a husband and wife, who are employed in a certified position, be entitled to participate in this insurance plan, such persons may elect to:
Salary and Wage Related Fringe Benefits. P. Sick Leave Bank, (cont’d) who is newly hired in the school corporation shall have fifteen (15) days from the date of initial duty assignment, or until September 15 of any school year, whichever is later, during which time he may choose to participate in the bank by contributing one (1) sick leave day, even though such contribution by such veteran or newly hired teacher would cause an accumulation of days in excess of the maximum number specified herein.
Salary and Wage Related Fringe Benefits. P. Sick Leave Bank, (cont’d)
Salary and Wage Related Fringe Benefits. K. Bereavement Leave, (cont’d) Other family members or that of close friend(s) --- one (1) day Summer School Bereavement – A teacher working during the summer on a supplemental contract will be allowed to be absent due to bereavement leave, one
Salary and Wage Related Fringe Benefits. A. MEDICAL/HOSPITALIZATION INSURANCE The Board will pay toward the cost of a twelve (12) month hospital, surgical, and medical care type insurance for each full-time teacher employed under regular contract and enrolled in the school corporation's group medical insurance plan. The amounts specified below will be paid to such insurance company or companies as is determined and selected by the Board, with the teacher not paying less than one dollar ($1.00) per year. Board payment per teacher: Sept 2023 Employee Single Coverage: $7,500 Employee Family Coverage: $12,000 An additional annual contribution to health insurance family plan premium for married couples in which both individuals are teachers employed by WBCCSC equaling the difference between two single contributions and one family contribution. Teachers who choose to enroll in the school corporation's group medical insurance plan must notify the office of the Superintendent in writing, not later than August 31 of their desire to participate in said insurance plan, provided however, that persons employed after said notification dates shall have the opportunity to participate in the insurance plan.
Salary and Wage Related Fringe Benefits. The parties agree that the salary and wage related fringe benefits to be affected by this contract are accurately reflected in Appendix B made a part of this contract, and shall remain in force for the period of this contract, provided, however, that the effective date of said benefits, if different than the effective date of this contract, shall be as provided and stated on said benefits individually.
Salary and Wage Related Fringe Benefits. A. Insurance
