Common use of HEALTH FUND Clause in Contracts

HEALTH FUND. 1. Beginning with the 2005-2006 school year, the District’s initial contribution to the Health Fund shall be the actual Health Fund expense (not including IBNR’s) as reflected in the 2004-2005 unaudited actuals. The District’s contribution rate per eligible employee shall be determined by dividing the total actual 2004-2005 health and welfare expenditures by the average number of eligible employees in the Health Plan in 2004-2005. The district shall contribute the same per eligible employee amount for the average number of all eligible active employees unrestricted-funded, restricted-funded, and special education-funded, in the Health Plan in 2004-2005. Following the district’s initial contribution as set forth above the district shall adjust on a monthly basis, its contribution to reflect the actual number of active eligible employees. For example, assuming the following: Total eligible active employees (all funding sources) = 7113 Total district expenditures for health and welfare for 2004-2005 (all funding sources) = $97,085,337 District contribution amount per eligible active employee = $13,649

HEALTH FUND. 1. A. Beginning with the 2005-2006 school year, the District’s initial contribution to the Health Fund shall be the actual Health Fund expense (not including IBNRXXXX’s) as reflected in the 2004-2005 unaudited actuals. The District’s contribution rate per eligible employee shall be determined by dividing the total actual 2004-2005 health and welfare expenditures by the average number of eligible employees in the Health Plan in 2004-2005. The district shall contribute the same per eligible employee amount for the average number of all eligible active employees unrestricted-funded, restricted-funded, and special education-funded, in the Health Plan in 2004-2005. Following the district’s initial contribution as set forth above the district shall adjust on a monthly basis, its contribution to reflect the actual number of active eligible employees. For example, assuming the following: Total eligible active employees (all funding sources) = 7113 Total district expenditures for health and welfare for 2004-2005 (all funding sources) = $97,085,337 District contribution amount per eligible active employee = $13,649

HEALTH FUND. 1. Beginning with the 2005-2006 school year, the District’s initial contribution to the Health Fund shall be the actual Health Fund expense (not including IBNR’s) as reflected in the 2004-2005 unaudited actuals. The District’s contribution rate per eligible employee shall be determined by dividing the total actual 2004-2005 health and welfare expenditures by the average number of eligible employees in the Health Plan in 2004-2005. The district District shall contribute the same per eligible employee amount for the average number of all eligible active employees unrestricted-funded, restricted-funded, and special education-funded, in the Health Plan in 2004-2005. Following the districtDistrict’s initial contribution as set forth above the district District shall adjust on a monthly basis, its contribution to reflect the actual number of active eligible employees. For example, assuming the following: Total eligible active employees (all funding sources) = 7113 Total district District expenditures for health and welfare for 2004-2005 (all funding sources) = $97,085,337 District contribution amount per eligible active employee = $13,649

HEALTH FUND. 1. Beginning with the 2005-2006 school year, the District’s initial contribution to the Health Fund shall be the actual Health Fund expense (not including IBNR’s) as reflected in the 2004-2005 unaudited actuals. The District’s contribution rate per eligible employee shall be determined by dividing the total actual 2004-2005 health and welfare expenditures by the average number of eligible employees in the Health Plan in 2004-2005. The district District shall contribute the same per eligible employee amount for the average number of all eligible active employees unrestricted-funded, restricted-funded, and special education-funded, in the Health Plan in 2004-2005. Following the districtDistrict’s initial contribution as set forth above the district District shall adjust on a monthly basis, its contribution to reflect the actual number of active eligible employees. For example, assuming the following: Total eligible active employees (all funding sources) = 7113 Total district District expenditures for health and welfare for 2004-2005 (all funding sources) = $97,085,337 District contribution amount per eligible active employee = $13,649

HEALTH FUND. 1. A. Beginning with the 2005-2006 school year, the District’s initial contribution to the Health Fund shall be the actual Health Fund expense (not including IBNR’s) as reflected in the 2004-2005 unaudited actuals. The District’s contribution rate per eligible employee shall be determined by dividing the total actual 2004-2005 health and welfare expenditures by the average number of eligible employees in the Health Plan in 2004-2005. The district shall contribute the same per eligible employee amount for the average number of all eligible active employees unrestricted-funded, restricted-funded, and special education-funded, in the Health Plan in 2004-2005. Following the district’s initial contribution as set forth above the district shall adjust on a monthly basis, its contribution to reflect the actual number of active eligible employees. For example, assuming the following: Total eligible active employees (all funding sources) = 7113 Total district expenditures for health and welfare for 2004-2005 (all funding sources) = $97,085,337 District contribution amount per eligible active employee = $13,649

HEALTH FUND. 1. Beginning with the 2005-2006 school year, the District’s initial contribution to the Health Fund shall be the actual Health Fund expense (not including IBNRXXXX’s) as reflected in the 2004-2005 unaudited actuals. The District’s contribution rate per eligible employee shall be determined by dividing the total actual 2004-2005 health and welfare expenditures by the average number of eligible employees in the Health Plan in 2004-2005. The district shall contribute the same per eligible employee amount for the average number of all eligible active employees unrestricted-funded, restricted-funded, and special education-funded, in the Health Plan in 2004-2005. Following the district’s initial contribution as set forth above the district shall adjust on a monthly basis, its contribution to reflect the actual number of active eligible employees. For example, assuming the following: Total eligible active employees (all funding sources) = 7113 Total district expenditures for health and welfare for 2004-2005 (all funding sources) = $97,085,337 District contribution amount per eligible active employee = $13,649