Insurance Contribution. The County's maximum contribution to the Flexible Benefits Plan for vision coverage will be equal to the cost of the employee only monthly premium for all eligible permanent employees. D.
Insurance Contribution. (Premium) – the amount payable by the Insured, size and payment procedure of which is defined by the Insurance Agreement and which represents the insurance service price/cost;
Insurance Contribution. The Board agrees to provide a monthly contribution in the amount that is the maximum amount allotted by the state, less carve out to members under the jurisdiction of this bargaining unit and who elect to participate in any District- approved insurance plan. The Board agrees to provide a $33.55 per fte per month contribution to the health care pool. It is agreed that the established cost of the monthly premium for the District-approved dental plan shall be paid first out of the District's contributions. Other District-approved insurance programs shall be available to Building Administrators for utilization of full benefits. Any portion of the dollar amount contributed by the District not utilized by the employee towards District-approved insurance programs will not be provided the employee as any other form of compensation. During year one (2017-18_the district agrees to study district health care contribution and make a plan to adjust the contribution to levels commensurate with other bargaining units.
Insurance Contribution. The members of the bargaining unit agree to contribute a percentage towards their health care plan coverage as follows: • 3% of medical care plan cost in 2009; • 3% of medical care plan costs in 2010; and • 3% of medical care plan costs in 2011. Payment will be divided each pay period equally. Policy is contingent on all employees of the Township of Lumberton contributing to medical plan costs.
Insurance Contribution. 1. The District shall participate in a group health and accident insurance plan which covers the teacher and his/her family. In addition, the District shall provide each employee with a $15,000 one-year term life insurance policy and disability insurance.
Insurance Contribution. All full-time employees who elect to have Plan A or Plan B insurance coverage shall make a pre-tax contribution of 20% of the insurance premium costs. Part-time employees shall make a contribution for Plan A or Plan B insurance coverages on a pro-rata basis, but at least 20% of the insurance premium costs. The Employees’ 20% contribution shall be implemented as soon as possible after the Board’s ratification of this Agreement. Any full-time bargaining unit member electing PLAN B shall receive a $400/month paid by the Board in their regular paycheck in addition to the other benefits of the Plan provided the employee does not have a spouse concurrently receiving full medical benefits provided by the District. If a full-time employee has a spouse who concurrently is receiving full medical benefits provided by the District the employee must elect PLAN B and shall receive $100/month in their regular paycheck. An IRS approved Section 125 Plan is available for KSP bargaining unit members to use for Dependent Care and Medical reimbursement. Part-time bargaining unit members may “buy up” to Plan A. To “buy up,” the part-time employee must execute a payroll deduction for the employee’s pro-rata contribution for the cost of Plan A. For employees who work the full school year, the above PAK plans are for a full twelve (12) month period for the bargaining unit members and his/her eligible dependents as defined by the insurance provider. An open enrollment period shall be provided whenever contribution subsidy changes for the groups. In addition, a bargaining unit member may change PAK plans whenever a “change-in- status” of spouse occurs.
Insurance Contribution. 2020 – 2021: Cap of $1325 per month 2021 - 2022: Cap of $1375 per month 2022 – 2023: Cap of $1425 per month
Insurance Contribution. The members of the bargaining unit agree to contribute ten-percent (10%) annually for health care coverage. This will be divided each pay period equally.
Insurance Contribution. All teachers who desire and who qualify will be covered by a group medical insurance policy. The Board will pay eighty (80%) percent of the single subscriber rate for each teacher taking insurance. Those teachers, who are currently receiving additional portions of extra cost for dependent coverage and new hires as of the beginning of the 2015-2016 school year who would like the coverage, will be grandfathered into the program which allows them to continue their coverage at the current rates. After 2015-2016 school year begins, no new family coverage will be paid by Riverview CCSD#2. Those wishing to obtain family coverage may do so by paying the full premium. The Board may provide additional voluntary insurance options from time to time.
Insurance Contribution. XL Specialty Insurance Company (“XL”) will not seek contribution or reimbursement from the Directors or CLST for any funds expended or advanced by XL (or that XL is obligated to expend or advance) under the applicable policy of directors and officers liability insurance, including without limitation, in connection with the Actions or the Settlement.
