Employee Monthly Premium Cost for Active Employees Sample Clauses

Employee Monthly Premium Cost for Active Employees. Upon ratification and approval, all current (active) employees and employees hired on or after ratification will contribute twelve percent (12%) of the cost of the Health Insurance, which includes prescription drugs, for either single or family coverage in the HDHP, the POS 298 (205) or a replacement plan. The Company will establish a debit account (105H) of three thousand dollars ($3,000), for a family plan and refill that amount each year thereafter to a maximum of three thousand dollars ($3,000). Example: Employee utilizes two thousand dollars ($2,000) from 1-1-20 through 12-31-20, two thousand dollars ($2,000) will be placed in the 105H accounts on 1-1-15 totaling three thousand dollars ($3,000). For a single plan fifteen hundred dollars ($1,500) will be placed in the employee’s account and refilled each year thereafter, to a maximum of fifteen hundred dollars ($1,500). Example: Employee utilizes one thousand dollars ($1,000) from 1-1-20 through 12-31-20, one thousand dollars ($1,000) will be placed in the 105H account on 1-1-21 totaling fifteen hundred dollars ($1,500).
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Employee Monthly Premium Cost for Active Employees. Upon ratification and approval the company will pay the full monthly premium cost for either single or family coverage in the Traditional Blue POS 298 (POS 203) plan until April 1, 2018, thereafter effective April 1, 2018, all active and new hires shall contribute ten per cent (10%) of the monthly cost for either single or family coverage for the Traditional Blue POS 298 (POS 205) plan or a replacement plan selected by the company under section 7.5 below. Effective April 1, 2018, and thereafter until a successor agreement is reached, any current or post ratification employee enrolled in the POS 298 (POS 205) plan shall not be required to pay greater than $240 per month for the monthly premium or equivalent cost established by Blue Cross Blue Shield for such coverage.
Employee Monthly Premium Cost for Active Employees. Upon ratification and approval, all current (active) employees and employees on or after ratification will contribute twelve and one-half (12.5%) percent of the monthly premium cost for single or family coverage in the Traditional Blue PPO 6398 (HDHP PPO 6312) or Traditional Blue POS 298 (POS 205) or a replacement plan. For the PPO 6398 (HDHP PPO 6312) the Company will establish a debit account (105H) of three thousand dollars ($3,000), for a family plan and refill that account each year thereafter to a maximum of three thousand dollars ($3,000). Example: Employee utilizes $2,000 from 1-1-20 through 12-31-20. $2,000 will be placed in the 105H account on 1-1-21 totaling $3,000. For a single plan fifteen hundred dollars ($1,500) will be placed in the employee account and refilled each year thereafter, to a maximum of fifteen hundred dollars ($1,500). Example: Employee utilizes $1,000 from 1-1-20 to 12-31-20, $1,000 will be placed in the 105H account on 1-1-21 totaling $1,500.
Employee Monthly Premium Cost for Active Employees. Effective April 1, 2015, or as soon as practicable thereafter, all currently (active) employees and employees hired or promoted into Teamsters Local 264 (Police Lieutenants and Captains) will contribute ten (10%) percent of the monthly premium cost for either single or family coverage on the HDHP or replacement plan. The Company will establish a debit account (105h) of three thousand dollars ($3,000) for a family plan and replenish that account each year thereafter on January 1st to a maximum of three thousand dollars ($3,000). For a single plan, fifteen hundred dollars ($1,500) will be placed in the employee account and refilled once each year thereafter on January 1st, to a maximum of fifteen hundred dollars ($1,500).
Employee Monthly Premium Cost for Active Employees. Effective January 1, 2014, all current (active) employees and employees hired on or after ratification will contribute ten (10%) percent of the monthly premium cost for either single or family coverage in the Traditional Blue PPO 6398 (HDHP PPO 6312) or Traditional Blue POS 298 (POS 205) or a replacement plan. For the PPO 6398 (HDHP PPO 6312) the Company will establish a debit account (105H) of three thousand dollars ($3,000), for a family plan and refill that account each year thereafter to a maximum of three thousand dollars ($3,000). Example: Employee utilizes $2,000 from 1-1-16 through 12-31-16. $2,000 will be placed in the 105H account on 1-1-17 totaling $3,000. For a single plan fifteen hundred dollars ($1,500) will be placed in the employee account and refilled each year thereafter, to a maximum of fifteen hundred dollars ($1,500). Example: Employee utilizes $1,000 from 1-1-16 to 12-31-16, $1,000 will be placed in the 105H account on 1-1-17 totaling $1,500.

Related to Employee Monthly Premium Cost for Active Employees

  • Special Parental Allowance for Totally Disabled Employees (a) An employee who:

  • Sick Leave Days Payable at 100% Wages Permanent Employees Subject to paragraphs d), e) and f) below, Employees will be allocated eleven (11) sick days payable at one hundred percent (100%) of wages on the first day of each fiscal year, or the first day of employment.

  • Retroactive Pay for Terminated Employees An employee who has retired or severed his/her employment between the termination date of this Agreement and the effective date of the new Agreement shall receive the full retroactivity of any increase in wages, salaries or other benefits.

  • Fixed Term Employees 31. The only terms of this Agreement that apply to employees who are not regular employees are those that are set out in Articles 31A, 32, 33 and 34. ARTICLE 31A – FIXED-TERM EMPLOYEES OTHER THAN SEASONAL, STUDENT AND GO TEMP EMPLOYEES (FXT) 31A.1 Articles 31A.2 to 31A.16 apply only to fixed-term employees other than seasonal, student and GO Temp employees.

  • Overtime-Eligible Employees Employees who are covered by the overtime provisions of state and federal law.

  • Compensation for Loss of Employee Tools The Employer will replace all employee tools lost or stolen while stored in a room, building, premises, job, workshop, Employer vehicle or in a lock, up to a value as specified in Appendix A. Where evidence is produced by the employee that they have suffered a greater loss, the Employer shall pay the additional amount.

  • Per Diem Employees Section 1. A per diem employee is one that works on a day-to-day basis in accordance with the provisions of this article. Per diem employees will not be guaranteed to work a specific number of hours or a specific number of shifts per time block.

  • Probation for Newly Hired Employees (a) The Employer may reject a probationary employee for just cause. A rejection during probation shall not be considered a dismissal for the purpose of Article 11.2

  • Special Maternity Allowance for Totally Disabled Employees (a) An employee who:

  • Newly Hired Employees All employees hired to an insurance eligible position must make their benefit elections by their initial effective date of coverage as defined in this Article, Section 5C. Insurance eligible employees will automatically be enrolled in basic life coverage. If employees eligible for a full Employer Contribution do not choose a health plan administrator and a primary care clinic by their initial effective date, and do not waive medical coverage, they will be enrolled in a Benefit Level Two clinic (or Level One, if available) that meets established access standards in the health plan with the largest number of Benefit Level One and Two clinics in the county of the employee’s residence at the beginning of the insurance year. If an employee does not choose a health plan administrator and primary care clinic by their initial effective date, but was previously covered as a dependent immediately prior to their initial effective date, they will be defaulted to the plan administrator and primary care clinic in which they were previously enrolled.

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