Common use of Supplemental Term Life Insurance Clause in Contracts

Supplemental Term Life Insurance. Employees may also purchase supplemental term life insurance, if available, with deductions from their bi-weekly compensation as designated by each employee. Employees cannot allocate cash contributions made to the cafeteria plan to pay the premiums for this supplemental term life insurance. However, they may, on a post-tax basis, allocate any cash back they receive from the cafeteria plan for that purpose. It must be a deduction from their paycheck.

Appears in 4 contracts

Samples: Tentative Agreement, www.beverlyhills.org, www.beverlyhills.org

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Supplemental Term Life Insurance. Employees may also purchase supplemental term life insurance, if available, with deductions from their bi-weekly compensation as designated by each employee. Employees cannot allocate cash contributions made to the cafeteria plan to pay the premiums for this supplemental term life insurance. However, they may, on a post-tax basis, allocate any cash back they receive from the cafeteria plan for that purpose. It must be , as a deduction from their paycheck.

Appears in 4 contracts

Samples: joinbhpd.org, Tentative Agreement, www.beverlyhills.org

Supplemental Term Life Insurance. Employees may also purchase supplemental term life insurance, if available, with deductions from their bi-weekly compensation as designated by each employee. Employees cannot allocate Although employees may use cash contributions made to wages they receive through the cafeteria plan (if applicable) to pay the premiums for this purchase supplemental term life insurance. However, they may, on a post-tax basis, allocate any cannot defer cash back wages they receive from through the cafeteria plan for that purposedirectly into the purchase of supplemental term life insurance. It must be a deduction from their paycheck.

Appears in 4 contracts

Samples: www.beverlyhills.org, www.beverlyhills.org, Tentative Agreement

Supplemental Term Life Insurance. Employees may also purchase supplemental term life insurance, if available, with deductions from their bi-weekly compensation as designated by each employee. Employees cannot allocate cash contributions made to the cafeteria plan to pay the premiums for this supplemental term life insurance. However, they may, on a post-tax basis, allocate any cash back they receive from the cafeteria plan for that purpose. It must be purpose as a deduction from their paycheck.

Appears in 2 contracts

Samples: Tentative Agreement, www.beverlyhills.org

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Supplemental Term Life Insurance. Employees may also purchase supplemental term life insurance, if available, with deductions from their bi-weekly compensation as designated by each employee. Employees cannot allocate Although employees may use cash contributions made to wages they receive through the cafeteria plan (if applicable) to pay purchase supplemental term life insurance, they cannot defer cash wages they receive through the premiums for this cafeteria plan directly into the purchase of supplemental term life insurance. However, they may, on a post-tax basis, allocate any cash back they receive from the cafeteria plan for that purpose. It must be a an after tax deduction from their paycheck.

Appears in 2 contracts

Samples: www.beverlyhills.org, Tentative Agreement

Supplemental Term Life Insurance. Employees may also purchase supplemental term life insurance, if available, with deductions from their bi-weekly compensation as designated by each employee. Employees cannot allocate cash contributions made to the cafeteria plan to pay the premiums for this supplemental term life insurance. However, they may, on a post-tax basis, allocate any cash back they receive from the cafeteria plan for that purpose, as . It must be a deduction from their paycheck.

Appears in 1 contract

Samples: www.beverlyhills.org

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