Stipend and Cost of Health Care Assistance Payment Sample Clauses

Stipend and Cost of Health Care Assistance Payment. Bargaining Unit Positions (TA, XX XX, TF, RA & Xxxxxxx): 12 Month Base Stipend Base Stipend Increase Cost of Health Care Assistance Payment FY23 $42,412 - $600 FY24 $45,699 7.75% $1050 FY25 $49,012 7.25% $1150 FY26 $52,198 6.50% $1250 ● All PhD and MFA students eligible to be included in the bargaining unit will receive a Cost of Health Care Assistance Payment in the amount specified in the table above – paid in quarterly installments - to assist with health related or other expenses. All such eligible students will receive the payment regardless of whether they are serving in a bargaining unit position at the time each portion of the payment is made. ● The base stipend increase will take effect on July 1 of each fiscal year (e.g., July 1, 2023 for FY24). ● All Graduate Student Employees serving in Bargaining Unit Positions as of the effective date of this Agreement shall receive a one-time payment equivalent to the differential in earnings dating from 7/1/23 to the start date of the first pay period following the effective date of the agreement when the FY24 base stipend rate can be put into effect. This one-time payment shall be comprised of: (1) the prorated difference between the monthly base stipend amount which was paid at the agreed upon placeholder rate of $3649.20 and the FY24 monthly base stipend amount of $3808.25; and (2) one quarterly installment of the Cost of Health Care Assistance Payment ($262.50). ● Graduate Student Employees who finished their academic degree program after July 1, 2023 and prior to the effective date of the agreement shall receive a one-time payment equivalent to the differential in earnings dating from 7/1/23 to the date of the end of their degree program. This one-time payment shall be comprised of: (1) the prorated difference between the monthly base stipend amount which was paid at the agreed upon placeholder rate of $3649.20 and the FY24 monthly base stipend amount of $3808.25; and (2) one quarterly installment of the Cost of Health Care Assistance Payment ($262.50). ● Nothing in Article VIII or this Agreement will bar a department, program or a University division from enhancing the stipend of an individual TA, RA or Xxxxxxx and that such enhancements are not subject to the grievance or arbitration process.
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Related to Stipend and Cost of Health Care Assistance Payment

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