GAIP definition
Examples of GAIP in a sentence
A Joint Employer-UAW Health Care Committee shall be continued to discuss quality, administrative, and service matters pertaining to GAIP.
For your position, you are eligible to participate in the Global Annual Incentive Plan (GAIP).
Unforeseen changes to federal and state law or direction from regulators may necessitate modifications to the GAIP plan in order to ensure legal compliance.
During the annual renewal period in March, the University will provide the Union with access to relevant information including an annual review of the plan, experience summary reports, plan census information, and trend information relating to GAIP.
GAIP shall utilize the provider network(s) available through the selected insurer.
If the University initiates an RFP to determine the GAIP plan insurer, the University will begin work immediately, with input from the Union.
The University may automatically renew the GAIP plan annually if the plan benefits identified in Appendix 1 do not change.
The parties will meet in December and June of each year to discuss the status of GAIP.
For the 2019-20 and 2020-21 plan years, the parties agree to meet and bargain the impacts of unforeseen changes in law or regulation that will result in a material increase (e.g. – reasonably expected to be more than 1% per year) to GAIP fees, taxes, penalties or mandated benefits.
At the December meeting, the parties will discuss whether to automatically renew the GAIP plan or initiate a Request for Proposals (RFP).