Health Reimbursement Accounts Sample Clauses

Health Reimbursement Accounts. Employees who are participants of the HRA may use their HRA funds to purchase all qualified medical expenses, as permitted in section 213 (d) of the Internal Revenue Code and the HRA Plan Document. The maximum HRA benefit will be the maximum HRA benefit prorated on a quarterly basis based on the employee HRA eligibility date. Reimbursements under the HRA can be made for the expenses of employee, spouse and dependent of the employee. HRA participants may access their entire HRA benefit anytime during the year. The unused HRA amounts at the end of the coverage year will not be carried forward to the next calendar period. Upon separation of employment during the plan year, participation in the plan will cease and any unused amounts are forfeited. These amounts may never be used for anything but reimbursements for qualified medical expenses.
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Health Reimbursement Accounts. Employees who are participants of the HRA may use their HRA funds to purchase all qualified medical expenses, as permitted in section 213
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Health Reimbursement Accounts. Unused amounts in the Health Reimbursement Account may be carried forward each year. An employee who retires and begins to receive pension payments from the City’s defined benefit pension plan will be able to access unused funds, but no new contributions will be made to a retiree’s account. An employee who otherwise separates from City employment for any reason will forfeit any unused funds. An employee who waives coverage and receives payments under the City’s Health Care Waiver Program shall not have contributions.
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Health Reimbursement Accounts. As of the Effective Time, C2 shall establish C2 Welfare Plans that provides health reimbursement accounts to C2 Group Employees (the “C2 HRAs”) and such C2 HRAs shall cover only C2 Group Employees that have health reimbursement accounts under the CIT Welfare Plans (the “CIT HRAs”) immediately prior to the Effective Time. The Parties shall use commercially reasonable efforts to ensure that as of the Effective Time any account balance under a CIT HRA for a C2 Group Employee is transferred as of or as soon as reasonably practicable after the Effective Time from the CIT HRA to the C2 HRA for such C2 Group Employee. Such C2 Welfare Plan shall assume responsibility as of the Effective Time for all outstanding claims under the CIT HRAs of the corresponding CIT Welfare Plans of each C2 Group Employee for the year in which the Effective Time occurs and shall assume and agree to perform the obligations of the corresponding CIT Welfare Plans from and after the Effective Time.
Sample 1
Health Reimbursement Accounts. Effective with the first day of the first month following ratification of the Agreement by both parties, the City will establish a health reimbursement account (“HRA”) in the amount of $40 per month for each employee covered by this Agreement. Upon presentation of receipts showing expenditures for authorized medical, dental, or optical expenses, including health insurance premium contribution payments, an employee will be reimbursed from his/her account for such expenses, up to the current balance of the employee’s HRA. HRA’s do not accumulate from year to year; amounts remaining after all medical expense claims have been presented for a calendar year will revert to the City.
Sample 1
Health Reimbursement Accounts. The County shall establish and fund Health Reimbursement Accounts (HRAs) as allowed by law for employees for the purpose of defraying the out-of-pocket costs of healthcare associated with lower cost Plan options. The amounts of such HRAs will be as follows: CORE PLAN - $220 / $440 VALUE PLAN - $425 / $850 Rollover of HRA monies will be allowed up to the date of retirement or other termination of employment. HRA funds must be expended on eligible expenses within one year of said retirement or other termination of employment.
Sample 1
Health Reimbursement Accounts. An employee who retires and begins to receive pension benefit payments from the City’s pension plan will be able to access any unused, remaining funds within his/her health reimbursement account. However, no new contributions will be made to a retiree’s account after the date of retirement.
Sample 1
Health Reimbursement Accounts. Employees who worked 1240 hours in the prior regular school year will be eligible for Health Reimbursement Accounts the following year. The district will deposit monthly $225.00 for the 2009-2010 school year in a HRA account for each driver or bus attendant that meets the hours criteria established above. Eligibility will be determined annually on the 6th day of District 47 student attendance. An employee eligible on the 6th day of attendance will be deemed eligible for the prior July and August. TJA’s monthly contribution for July, August, and September will be made in September. For 2010-2011 those drivers who work 1240 hours during the 2009- 2010 school year will receive this benefit monthly at $235.00. For 2011-2012 those drivers who work 1240 hours during the 2010-2011 school year will receive $245.00 per month. The district will depost it monthly $100.00 for the 2009-2010 school year in a HRA account for each attendant that works a minimum of two shifts and less than 1240 hours. Eligibility will be determined annually on the 6th day of District 47 student attendance. An attendant eligible on the 6th day of attendance will be deemed eligible for the prior July and August. TJA’s monthly contribution for July, August, and September will be made in September. For 2010- 2011 any attendant who worked two shifts and less than 1240 hours in 2009-2010 will receive this benefit monthly at $105.00. For 2011-2012 those attendants who work 2 shifts and less than 1240 hours will receive this benefit monthly at $110.00 per month.
Sample 1

Related to Health Reimbursement Accounts

  • Expense Reimbursements To the extent that any reimbursements payable pursuant to this Agreement are subject to the provisions of Section 409A of the Code, any such reimbursements payable to Executive pursuant to this Agreement shall be paid to Executive no later than December 31 of the year following the year in which the expense was incurred, the amount of expenses reimbursed in one year shall not affect the amount eligible for reimbursement in any subsequent year, and Executive’s right to reimbursement under this Agreement will not be subject to liquidation or exchange for another benefit.

  • Flexible Spending Accounts Employees in the unit shall have access to the County’s flexible spending account program, which provides employees with the options of dependent care assistance benefits with a calendar year maximum of $5,000, and medical expense reimbursement benefits with a calendar year maximum of $2,400. The County shall maintain this plan in compliance with IRC §125. Employee premiums for flexible spending account benefits shall be deducted on a pre-tax basis from employee pay.

  • Business Expense Reimbursements During the Term, the Company shall promptly reimburse Executive for Executive’s reasonable and necessary business expenses in accordance with the Company’s then-prevailing policies and procedures for expense reimbursement (which shall include appropriate itemization and substantiation of expenses incurred).

  • Loss Reimbursement Subadviser shall reimburse the Account for any material error to the Fund's net asset value caused by Subadviser's breach of its standard of care, as set forth in the following sentence that is a direct cause of a delay in the accurate daily pricing of the Fund. In managing the Account, Subadviser shall act with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims.

  • Disbursement Account 12.1 The Lender is obligated to keep the bank account information provided on the Platform up to date. The account shall be managed by a bank within the Single Euro Payment Area (hereinafter “SEPA”).

  • Disbursements, Reimbursement Immediately upon the issuance of each Letter of Credit, each Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Issuing Lender a participation in such Letter of Credit and each drawing thereunder in an amount equal to such Lender’s Ratable Share of the maximum amount available to be drawn under such Letter of Credit and the amount of such drawing, respectively.

  • Expense Reimbursement The Executive shall be entitled to receive reimbursement for all appropriate business expenses incurred by him in connection with his duties under this Agreement in accordance with the policies of the Company as in effect from time to time.

  • Monthly Disbursements On or before the fifth (5th) day of each calendar month, during the design and construction of the Tenant Improvements (or such other date as Landlord may designate), Tenant shall deliver to Landlord: (i) a request for reimbursement of amounts paid to the “Contractor,” as that term is defined in Section 4.1.1 of this Tenant Work Letter, approved by Tenant, in a commercially reasonable form to be provided by Landlord, showing the schedule, by trade, of percentage of completion of the Tenant Improvements in the Premises, detailing the portion of the work completed and the portion not completed; (ii) invoices from all of “Tenant’s Agents,” as that term is defined in Section 4.1.2 of this Tenant Work Letter, for labor rendered and materials for the Premises; (iii) executed mechanic’s lien releases, as applicable, from all of Tenant’s Agents which shall comply with the appropriate provisions, as reasonably determined by Landlord, of California Civil Code Section 3262(d); and (iv) all other information reasonably requested by Landlord. Tenant’s request for payment shall be deemed Tenant’s acceptance and approval of the work furnished and/or the materials supplied as set forth in Tenant’s payment request. Within forty-five (45) days thereafter, Landlord shall deliver a check to Tenant made payable to Tenant in payment of the lesser of: (A) the amounts so requested by “tenant as set forth in this Section 2.2.3.1, above (or, subject to the terms of Section 4.2.1, below, a percentage thereof), and (B) the balance of any remaining available portion of the Tenant Improvement Allowance, provided that Landlord does not dispute any request for payment based on non-compliance of any work with the “Approved Working Drawings,” as that term is defined in Section 3.5 below, or due to any substandard work. Landlord’s payment of such amounts shall not be deemed Landlord’s approval or acceptance of the work furnished or materials supplied as set forth in Tenant’s payment request.

  • Business Expense Reimbursement During the Term of employment, the Executive shall be entitled to receive proper reimbursement for all reasonable, out-of-pocket expenses incurred by the Executive (in accordance with the policies and procedures established by the Company for its senior executive officers) in performing services hereunder, provided the Executive properly accounts therefore.

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