Health Savings Account Contributions Sample Clauses

Health Savings Account Contributions. During the term of this agreement, the Employer agrees to contribute $1,300 to full time employees who participate in the health care insurance program with single coverage and $2600 to full time employees who participate in the health care insurance program with two person or family coverage each calendar year. The Employer’s obligation shall be limited to these amounts. The Board will fund the HSA deductible on a quarterly basis for each employee choosing MESSA PAK A according to the following schedule:  January 1 – 25%  April 1 – 25%  July 1 – 25%  October 1 – 25% In case of an emergency, individual employees may appeal to the board to have the full deductible funded at that time. Disputes over payments of benefits under the Health Savings Accounts are to be resolved through the insurance carriers and are not subject to the grievance and arbitration provisions of this Agreement.
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Health Savings Account Contributions. B. 1 Bargaining unit members choosing to enroll in the HDHP, will do so during the District’s annual open enrollment with a plan effective date of January 1st.
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Health Savings Account Contributions. During the term of this agreement, the Employer agrees to contribute sufficient amounts to the Health Savings Accounts of full time employees who participate in the health care insurance program to cover the $1,200 per member or $2,400 per family deductible required each calendar year. The Employer’s obligation shall be limited to these amounts. Disputes over payments of benefits under the Health Savings Accounts are to be resolved through the insurance carriers and are not subject to the grievance and arbitration provisions of this Agreement.
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Health Savings Account Contributions. Employees who voluntarily enroll in the High Deductible Health Plan (HDHP) and Health Savings Account (HSA) shall receive a pay period contribution of $20.83 for single coverage or $41.67 for family coverage.
Sample 1
Health Savings Account Contributions. Participant may choose to contribute a portion of Participant’s salary to the Health Savings Account, provided that the contribution shall not exceed the maximum contribution amount established in the Code. Reliant Mission will contribute the following employer contributions to the employee’s Health Savings Account for 2021 for these separate classes:
Sample 1

Related to Health Savings Account Contributions

  • Health Savings Account (HSA) is a tax-exempt trust or custodial account established exclusively for the purpose of paying qualified medical expenses of the member who is covered under a high deductible health plan. The member must be covered under the HSA plan for the months in which contributions are made. HIGH DEDUCTIBLE HEALTH PLAN (HDHP) is a health plan that satisfies certain requirements with respect to deductibles and out-of-pocket expenses. The plan cannot provide payment for any covered healthcare service until the plan year deductible is satisfied, with the exception of preventive care services. HOSPITAL means a facility: • that provides medical and surgical care for patients who have acute illnesses or injuries; and • is either listed as a hospital by the American Hospital Association (AHA) or accredited by the Joint Commission on Accreditation of Healthcare Organizations (JCAHO).

  • Retirement Contributions On behalf of employees, the State will continue to “pick up” the six percent (6%) employee contribution, payable pursuant to law. The parties acknowledge that various challenges have been filed that contest the lawfulness, including the constitutionality, of various aspects of PERS reform legislation enacted by the 2003 Legislative Assembly, including Chapters 67 (HB 2003) and 68 (HB 2004) of Oregon Laws 2003 (“PERS Litigation”). Nothing in this Agreement shall constitute a waiver of any party’s rights, claims or defenses with respect to the PERS Litigation.

  • Retirement Contribution The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay the cost of the 6.5% or 7.5% retirement contribution for employees in the following classifications. Corrections Firearms Instructor Oil & Hazardous Material Responder I Oil & Hazardous Material Responder II

  • Certain Savings Accounts 1. An account established and maintained in the Slovak Republic that satisfies any of the following:

  • Pension Contributions 19.2.3.1 Unless required by law to commence receiving a pension prior to the Member’s actual retirement date (i.e., currently December 31 of the year in which the Member attains age sixty-nine (69)) the Member who postponed retirement beyond his or her TRD will continue to make pension contributions.

  • Non-Retirement Savings Accounts An account maintained in the Cayman Islands (other than an insurance or Annuity Contract) that satisfies the following requirements under the laws of the Cayman Islands.

  • How Are Contributions to a Xxxxxxxxx Education Savings Account Reported for Federal Tax Purposes? Contributions to a Xxxxxxxxx Education Savings Account are reported on IRS Form 5498-ESA.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Health Spending Account (HSA Wellness Spending Account (WSA)/Registered Retirement Savings Plan (RRSP) utilization rates;

  • When Must Distributions from a Xxxxxxxxx Education Savings Account Begin? Distribution of a Xxxxxxxxx Education Savings Account must be made (or otherwise will be deemed made) no later than 30 days from the earlier of the beneficiary’s death or attainment of age 30. A distribution from a Xxxxxxxxx Education Savings Account may be rolled over to another beneficiary’s Xxxxxxxxx Education Savings Account according to the requirements of Section (4). Note that the Economic Growth and Tax Relief Reconciliation Act of 2001 waives the distribution age limitation if the beneficiary of the Xxxxxxxxx Education Savings Account is a “Special Needs” student.

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