Voluntary Health Incentive Waiver Plan Sample Clauses

Voluntary Health Incentive Waiver Plan. 1. Effective July 1, 1999. there shall be a voluntary insurance incentive plan, if available, covering each coverage under A., B. and C. above.
Sample 1Sample 2
AutoNDA by SimpleDocs
Voluntary Health Incentive Waiver Plan a. There shall be a voluntary health insurance waiver plan for employees eligible to receive family or husband/wife coverage under B. 1. above, or any enrollment level under B. and C. above. The plan will be implemented after mutual ratification on the first of the month which is reasonably possible under each plan’s limitations. In the 2000-2001 year, the payment will be prorated to the time left in the year.
Sample 1
Voluntary Health Incentive Waiver Plan. There shall be a voluntary health insurance waiver plan for employees eligible to receive family or husband/wife coverage under this Article. An employee may waive insurance under one or more insurances under Sections A., B. or C. above. Each year, the Board shall provide appropriate forms to all employees covered by family or husband/wife coverage and to employees who are eligible to receive prescription or dental insurance. Said form will contain a final return date. Employees who voluntarily elect to waive dental coverage shall be entitled to receive 25% of the premium cost of the waived insurance. Employees waiving medical/health and/or prescription coverages shall be entitled to an incentive as prescribed by law or regulation and by the Board. Payment of the monies in 4. above shall be made by separate check before July 31 after the conclusion of the waived year. Employees must waive such insurance for a full year (July 1 through June 30) to be eligible for said payment. Employees who have no other comprehensive family or husband/wife insurance shall not be permitted to waive coverage. An employee who waives coverage may re-enroll for the next year during the open enrollment period. The only exception is for a “Life Event” such as loss of spousal coverage, divorce or birth of a child within the District’s insurance year, the employee may re-enroll immediately in the District’s plan. If such re-enrollment occurs during the insurance year, no incentive payment will be made to the employee for that year. In order to protect all employees from Federal taxation of existing benefits when this plan is in effect, the District will comply with all Federal paperwork (a Section 125 account).
Sample 1
Voluntary Health Incentive Waiver Plan. 1. There shall be a voluntary health insurance waiver plan for employees eligible to receive family or husband/wife coverage under Article 7, E. or any enrollment level under D. or F. above.
Sample 1
Voluntary Health Incentive Waiver Plan. 1. There shall be a voluntary health insurance waiver plan for employees eligible to receive family or husband/wife coverage under Article 15, A. or any enrollment level under B. or C. above. This plan shall be in effect for each type of insurance as long as the carrier permits such a plan.
Sample 1

Related to Voluntary Health Incentive Waiver Plan

  • Retirement Incentive a) If an employee gives the Board an irrevocable notice of retirement by February 1st four (4) years prior to the school year of retirement, the Board shall pay him/her a six percent (6%) retirement incentive, inclusive of all other increases in TRS creditable compensation, for each of his/her remaining four (4) years of service. If an employee gives the Board an irrevocable notice of retirement by February 1st three (3) years prior to the school year of retirement, the Board shall pay him/her a six percent (6%) retirement incentive, inclusive of all other increases in TRS creditable compensation, for each of his/her remaining three (3) years of service. If an employee gives the Board an irrevocable notice of retirement by February 1st two (2) years prior to the school year of retirement, the Board shall pay him/her a six percent (6%) retirement incentive, inclusive of all other increases in TRS creditable compensation, for each of his/her remaining two (2) years of service. If an employee gives the Board an irrevocable notice of retirement by February 1st one (1) year prior to the school year of retirement, the Board shall pay him/her a six percent (6%) retirement incentive, inclusive of all other increases in TRS creditable compensation, for his/her remaining year of service. Once an employee submits an irrevocable notice of retirement by February 1st, that employee shall be removed from the salary schedule contained in Article IX of this Agreement at the beginning of the following school year. All calculations for increased TRS creditable earnings will be based on the TRS creditable earnings in the year of the submission of the irrevocable notice of retirement. Once the employee submits an irrevocable notice of retirement an employee’s creditable earnings shall be increased by six percent (6%) of the year of submission, but in no case will the employee’s TRS creditable earnings increase exceed six percent (6%) of the year of submission. If, after submitting an irrevocable notice of retirement by February 1st, the employee resigns from, or is dismissed from duties for which the employee was paid a stipend or additional compensation the previous year, the retirement incentive for that employee will be recalculated accordingly.

  • DEFINITION OF EMPLOYEE STATUS AND BENEFIT ENTITLEMENT For the purpose of this Article “regularly scheduled” means any combination of shifts scheduled in advance and issued by the Employer. (Reference Article 25.04 – Posting of Work Schedules) Employees at the commencement of their employment and at all times shall be kept advised by their Employer into which employee status they belong.

  • EARLY RETIREMENT INCENTIVE PLAN 1. The Board will pay an allowance to continuing contract teachers who retire from teaching in the District under the Teachers' Pension Plan, before reaching age sixty (60), subject to the following conditions: The teacher must:

  • Special Maternity Allowance for Totally Disabled Employees (a) An employee who:

  • RETIREMENT INCENTIVE PROGRAM A. A Retirement Incentive Program will be provided by the District based upon the conditions stipulated below:

  • Employee Discipline Appropriate sanctions must be applied against workforce 18 members who fail to comply with any provisions of CONTRACTOR’s privacy P&Ps, including 19 termination of employment where appropriate.

  • Retiree Health Benefits 1. There is currently in effect a retiree health benefit program for retired members of LACERS under LAAC Division 4, Chapter 11. All covered employees who are members of LACERS, regardless of retirement tier, shall contribute to LACERS four percent (4%) of their pre-tax compensation earnable toward vested retiree health benefits as provided by this program. The retiree health benefit available under this program is a vested benefit for all covered employees who make this contribution, including employees enrolled in LACERS Tier 3.

  • Early Retirement Incentive The Employer may offer to any faculty member or a faculty member may apply for one of the early retirement incentive alternatives described herein, provided the faculty member meets the following criteria. The Union shall be advised in writing of any offer of early retirement made to a faculty member.

  • Retroactive Pay for Terminated Employees An employee who has retired or severed his/her employment between the termination date of this Agreement and the effective date of the new Agreement shall receive the full retroactivity of any increase in wages, salaries or other benefits.

  • Probation for Newly Hired Employees (a) The Employer may reject a probationary employee for just cause. A rejection during probation shall not be considered a dismissal for the purpose of Article 11.2

Time is Money Join Law Insider Premium to draft better contracts faster.