Common use of State Payment Clause in Contracts

State Payment. Teachers who choose to participate in Major Medical Coverage purchased through the District sponsored Cafeteria Plan. For the 2017-2018 school year, each teacher who purchases major medical health coverage through the District’s Health Insurance plan shall receive, the monthly Flexible Benefit Allowance (FBA) required by State Law. The District will apply the FBA toward the total premium cost of the District’s Health plan. Any excess FBA allowance over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits through the District’s Section 125 Cafeteria Plan or may be taken as taxable compensation as provided for by law. Part-time teachers shall receive benefits as provided for by state law. If the State mandated FBA changes during the 2017-2018 school year, teachers will receive the appropriate payment as required by law. Teachers who choose not to participate in Major Medical Coverage offered through the District sponsored Cafeteria Plan. For the 2017-2018 school year, teachers who choose not to participate in the District Health Insurance Plan shall receive, sixty-nine dollars and seventy- one cents ($69.71) per month which may be applied to options in the District’s Section 125 Cafeteria plan or may be taken as taxable compensation, in lieu of the flexible benefit allowance provided for in paragraph above (See Attachment B, Note 2 – Base Salary Schedule). (2017)

Appears in 3 contracts

Samples: Master Contract, Master Contract, Master Contract

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State Payment. Teachers who choose to participate in Major Medical Coverage purchased through the District sponsored Cafeteria Plan. For the 20172020-2018 2021 school year, each teacher who purchases major medical health coverage through the District’s Health Insurance plan shall receive, the monthly Flexible Benefit Allowance (FBA) required by State Law. The District will apply the FBA toward the total premium cost of the District’s Health plan. Any excess FBA allowance over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits through the District’s Section 125 Cafeteria Plan or may be taken as taxable compensation as provided for by law. Part-time teachers shall receive benefits as provided for by state law. If the State mandated FBA changes during the 20172020-2018 2021 school year, teachers will receive the appropriate payment as required by law. Teachers who choose not to participate in Major Medical Coverage offered through the District sponsored Cafeteria Plan. For the 20172020-2018 2021 school year, teachers who choose not to participate in the District Health Insurance Plan shall receive, sixty-nine dollars and seventy- one cents ($69.71) per month which may be applied to options in the District’s Section 125 Cafeteria plan or may be taken as taxable compensation, in lieu of the flexible benefit allowance provided for in paragraph above (See Attachment B, Note 2 – Base Salary Schedule). (2017)

Appears in 2 contracts

Samples: Master Contract, Master Contract

State Payment. Teachers who choose to participate in Major Medical Coverage purchased through the District sponsored Cafeteria Plan. For the 20172015-2018 2016 school year, each teacher who purchases major medical health coverage through the District’s Health Insurance plan shall receive, the monthly Flexible Benefit Allowance (FBA) required by State Law. The District will apply the FBA toward the total premium cost of the District’s Health plan. Any excess FBA allowance over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits through the District’s Section 125 Cafeteria Plan or may be taken as taxable compensation as provided for by law. Part-time teachers shall receive benefits as provided for by state law. If the State mandated FBA changes during the 20172015-2018 2016 school year, teachers will receive the appropriate payment as required by law. Teachers who choose not to participate in Major Medical Coverage offered through the District sponsored Cafeteria Plan. For the 20172015-2018 2016 school year, teachers who choose not to participate in the District Health Insurance Plan shall receive, sixty-nine dollars and seventy- one cents ($69.71) per month which may be applied to options in the District’s Section 125 Cafeteria plan or may be taken as taxable compensation, in lieu of the flexible benefit allowance provided for in paragraph above (See Attachment B, Note 2 – Base Salary Schedule). (2017)above.

Appears in 1 contract

Samples: Master Contract

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State Payment. Teachers who choose to participate in Major Medical Coverage purchased through the District sponsored Cafeteria Plan. For the 20172019-2018 2020 school year, each teacher who purchases major medical health coverage through the District’s Health Insurance plan shall receive, the monthly Flexible Benefit Allowance (FBA) required by State Law. The District will apply the FBA toward the total premium cost of the District’s Health plan. Any excess FBA allowance over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits through the District’s Section 125 Cafeteria Plan or may be taken as taxable compensation as provided for by law. Part-time teachers shall receive benefits as provided for by state law. If the State mandated FBA changes during the 20172019-2018 2020 school year, teachers will receive the appropriate payment as required by law. Teachers who choose not to participate in Major Medical Coverage offered through the District sponsored Cafeteria Plan. For the 20172019-2018 2020 school year, teachers who choose not to participate in the District Health Insurance Plan shall receive, sixty-nine dollars and seventy- one cents ($69.71) per month which may be applied to options in the District’s Section 125 Cafeteria plan or may be taken as taxable compensation, in lieu of the flexible benefit allowance provided for in paragraph above (See Attachment B, Note 2 – Base Salary Schedule). (2017)

Appears in 1 contract

Samples: Master Contract

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