Common use of Wellness Pay Clause in Contracts

Wellness Pay. Beginning July 1, 2010, employees eligible for severance under Section 1, Subd. 2 b. or Subd 2 c. of this Article will receive annual wellness pay for all accrued accumulative leave days in excess of 60 as calculated on June 30th each year. The school district will pay out an amount equal to the total number of excess days multiplied by the employee’s hourly rate times .6 by August 31st of each year, into the employee’s Minnesota Health Care Savings Plan (MHCSP).

Wellness Pay. Beginning July 1, 2010, employees eligible for severance under Section 1, Subd. 2 b. or Subd 2 c. of this Article will receive annual wellness pay for all accrued accumulative leave days in excess of 60 100 as calculated on June 30th each year. The school district will pay out an amount equal to the total number of excess days multiplied by the employee’s hourly daily rate times .6 .3 by August 31st of each year, into the employee’s Minnesota Health Care Savings Plan (MHCSP).