Benefit Amount definition
Examples of Benefit Amount in a sentence
In the event an employee enrolls in a PERS plan that is more than the City’s contribution to the Flexible Benefit Amount, the City shall make a payroll deduction from the employee's pay to cover the difference in cost.
Any change in the premium shall cause a like change in the Flexible Benefit Amount.
The City has established a Flexible Benefit Amount for each full-time regular employee who is eligible to enroll in one of the PERS medical insurance plans offered by the City.
During the term of this MOU and until a successor agreement is reached, the Flexible Benefit Amount agreed to by the parties includes the PEHMCA minimum contribution.
The City shall make the necessary contributions per month per eligible employee toward the Flexible Benefit Amount to provide the dental plan to the employee and eligible dependents.