Common use of Cash in Lieu Clause in Contracts

Cash in Lieu. A LSA member choosing to opt out of medical healthcare as outlined in Article XII below will receive $208.33 for each full month in the period from July 1 to June 30 in which the employ- ee is not covered by the District health insurance plan. This amount, less applicable deductions, will be paid on a date as agreed upon by the District and LSA leadership. The employ- ee will not be eligible for this payment in any month in which he/she is covered on the health insurance provided through the school district as a spouse or dependent of another employee in the school district. If after choosing to opt out of District medical healthcare, the status of the member changes, he/she may re-enroll in the District healthcare program and not receive the cash in lieu payment.

Appears in 5 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

AutoNDA by SimpleDocs

Cash in Lieu. A LSA LEADS member choosing to opt out of medical healthcare as outlined in Article XII below VIII will receive $208.33 for each full month in the period from July 1 to June 30 in which the employ- ee employee is not covered by the District health insurance plan. This amount, less applicable deductions, will be paid on a date as agreed upon by the District and LSA LEADS leadership. The employ- ee employee will not be eligible for this payment in any month in which he/she is covered on the health insurance provided through the school district as a spouse or dependent of another employee in the school district. If after choosing to opt out of District medical healthcare, the status of the member changes, he/she may re-enroll in the District healthcare program and not receive the cash in lieu payment.

Appears in 2 contracts

Samples: Bargaining Agreement, Collective Bargaining Agreement

Cash in Lieu. A LSA member choosing to opt out of medical healthcare as outlined in Article XII XIII below will receive $208.33 for each full month in the period from July 1 to June 30 in which the employ- ee employee is not covered by the District health insurance plan. This amount, less applicable deductions, will be paid on a date as agreed upon by the District and LSA leadership. The employ- ee employee will not be eligible for this payment in any month in which he/she is covered on the health insurance provided through the school district as a spouse or dependent of another employee in the school district. If after choosing to opt out of District medical healthcare, the status of the member changes, he/she may re-enroll in the District healthcare program and not receive the cash in lieu payment.

Appears in 1 contract

Samples: Master Agreement

AutoNDA by SimpleDocs

Cash in Lieu. A LSA member choosing to opt out of medical healthcare as outlined in Article XII XIII below will receive $208.33 for each full month in the period from July 1 to June 30 in which the employ- ee em- ployee is not covered by the District health insurance plan. This amount, less applicable deductions, will be paid on a date as agreed upon by the District and LSA leadership. The employ- ee em- ployee will not be eligible for this payment in any month in which he/she is covered on the health insurance provided through the school district as a spouse or dependent of another employee in the school district. If after choosing to opt out of District medical healthcare, the status of the member changes, he/she may re-enroll in the District healthcare program and not receive the cash in lieu payment.

Appears in 1 contract

Samples: Master Agreement

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