Separation Procedures Sample Clauses

Separation Procedures a. The health benefits of a teacher who leaves employment by resignation will remain in effect through the last day of the month of the departing teacher’s last pay period. b. The health benefits of a teacher who leaves employment due to retirement will remain in effect through the last day of the teacher’s contract, or official date of retirement, whichever is earlier. c. Any overpayment of premiums by the employee, due to advance payment of premiums, will be reimbursed.

Separation Procedures a. The health benefits of a teacher who leaves employment by resignation will remain in effect through the last day of the month of the departing teacher’s last pay period. b. Until September 1, 2017, the health benefits of a teacher who leaves employment due to retirement will remain in effect through the last day of the month of their last pay period. Effective September 1, 2017, the health benefits of a teacher who leaves employment due to retirement will remain in effect through the last day of the teacher’s contract, or official date of retirement, whichever is earlier. c. Any overpayment of premiums by the employee, due to advance payment of premiums, will be reimbursed. d. The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives workers and their families who lose their health benefits the right to choose to continue group health benefits provided by their group health plan for limited periods of time under certain circumstances such as voluntary or involuntary job loss, reduction in the hours worked, transition between jobs, death, divorce and other life events. Qualified individuals may be required to pay the entire premium for coverage up to 102 percent of the cost to the plan. Payments of group rate premiums must be made by the fifteenth day of the month preceding the premium date. All federal laws apply. For updates and additional information, visit the Department of Labor at ▇▇▇.▇▇▇.▇▇▇.

Separation Procedures. 26.1 Employees are required to give two (2) weeks’ notice to the City of their resignation. 26.2 The date of separation will be the employee’s last working day for the City. 26.3 At separation employees will be paid a lump sum payment for all accrued vacation, and compensatory leave time with the exception of employees terminating prior to the completion of the six (6) month probation period. This group will not be paid for any leave time. 26.4 Employees will be notified of their eligibility to elect to continue medical and dental insurance benefits under COBRA provisions (Consolidated Omnibus Budget Reconciliation Act of 1985) which require employees to pay the premiums for continuation of benefits beyond the date of termination.

Separation Procedures a. The health benefits of a teacher who leaves employment by resignation will remain in effect through the last day of the month of the departing teacher’s last pay period. b. The health benefits of a teacher who leaves employment due to retirement will remain in effect through the last day of the teacher’s contract, or official date of retirement, whichever is earlier. c. Any overpayment of premiums by the employee, due to advance payment of premiums, will be reimbursed. d. The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives workers and their families who lose their health benefits the right to choose to continue group health benefits provided by their group health plan for limited periods of time under certain circumstances such as voluntary or involuntary job loss, reduction in the hours worked, transition between jobs, death, divorce and other life events. Qualified individuals may be required to pay the entire premium for coverage up to 102 percent of the cost to the plan. Payments of group rate premiums must be made by the fifteenth day of the month preceding the premium date. All federal laws apply. For updates and additional information, visit the Department of Labor at ▇▇▇.▇▇▇.▇▇▇. e. Opt-Out Incentive Beginning with the open enrollment of 2019, full-time staff members who are eligible for insurance may receive an annual stipend for waiving medical, dental, and vision insurance. Waiver must be completed during open enrollment each year. If an employee waives the benefits, such employee may not revoke the waiver until the next open enrollment period. An exception to this waiver would be loss of coverage due to a qualifying event. Plan Eligibility Opt-Out Amount Single $1500 Employee plus 1 and family $3000 Employees waiving benefits, but on the Board’s insurance plan (for example- married couples who are both employed by the district) are not eligible for this benefit. Employees who leave employment before the end of the school year will have the pro- rated amount applied to their final pay. Employees who depart due to retirement will be paid the pro-rated amount in their severance payment. The Opt-Out Incentive will be paid in August for the previous school year based on the amount of time the teacher has opted out of the school insurance plan.

Separation Procedures a) Lay-Off Pay Employees being laid-off will receive, in a lump sum, one week’s pay for each 4 months of service, or major portions thereof with the Corporation, to a maximum of 78 weeks. In the event that an employee is laid-off for a second or subsequent time, the amount of lay-off pay shall be one week’s pay for each four months of service following return from the previous lay-off. b) Leave i) Lay-Off Accumulated and current annual leave is to be paid up to the date of lay-off. Short-term disability of sick leave credits accumulated as of the last complete month of service are maintained on the record for 12 months in the case the laid-off employee is re-engaged in accordance with preferential re-engagement described in the following section. c) Benefit Plans i) Life Insurance The coverage under : • Basic Life Insurance • Optional Life Insurance • Reducing Term Life Insurance • Dependant Life Insurance – for spousal coverage only May be converted to an individual policy without medical evidence of insurability, provided application is made within 31 days of termination of employment. During the 31 day period, coverage continues, whether or not the employee applies for conversion.