PPOB definition

PPOB means Principle Place of Business, and refers to the actual location of the office of the business where the accounting and record books are maintained and where the top management meets and decides on the basis of the work;

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Examples of PPOB in a sentence

• Employees currently in the PPOB may have the choice to remain in that plan.

• Employees currently in the PPO-B may have the choice to remain in that plan.

• Plans Available: Effective December 31, 2013, PPO-B Plans from BSNENY become the health insurance “base plans” for retirees.

• Should the retiree choose a health insurance plan other than PPO-B Plan (any plan equal to or less than PPO), the District shall pay 75% for the retiree and 35% for the retiree’s spouse.

• All employees enrolled in the Traditional plan, shall be enrolled in the District’s PPOA or PPOB as of July 1, 2014.

• The amount of the employee contribution for the 2013/2014 year shall be a minimum of 5% of the premium for PPOB.

• Commencing July 1, 2013, all employees will have a choice between the BSNENY PPO-B Low option or the BSNENY PPO-B High option.

• Effective July 1, 2011, the plan provided to the members shall be the Fulmont Health Trust Plan PPO-B.

• Any full-time employee who chooses to switch from PPO-B Low to PPO-B High will pay 15% contribution of their applicable coverage (ie, 15% for 2013/2014; 15% for 2014/2015; 15% for 2015/2016 and thereafter until the contribution rate is changed by the parties).

• The current BSNENY PPO-Plan B High and PPO-B Plan B Low options shall be continued as the plans for health insurance for all bargaining unit members.