ACO Plan Sample Clauses

ACO Plan. The lesser of the Employer’s contribution for the Choice Passport Plan for 2020; or the actual cost of the ACO Plan premium. Employees shall be responsible for the difference between the monthly premium and the Employer’s monthly contribution. Based on a 6.0% premium increase for the Choice Passport Plan, this results in the following Employer contributions:
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ACO Plan. The lesser of the Employer’s contribution for the Choice Passport Plan for 2020; or the actual cost of the ACO Plan premium. Employees shall be responsible for the difference between the monthly premium and the Employer’s monthly contribution. Based on a 6.0% premium increase for the Choice Passport Plan, this results in the following Employer contributions: Single: $398.88 (Employee share: $473.72/month) Family: $748.22 (Employee share: $1,542.00/month)
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ACO Plan. The lesser of the Employer’s contribution for the Choice Passport Plan for 2018; or the actual cost of the ACO Plan premium. Employees shall be responsible for the difference between the monthly premium and the Employer’s monthly contribution. Based on a 0.3% premium increase for the Choice Passport Plan, this results in the following Employer contributions: Single: $398.88 (Employee share: $379.98/month) Family: $748.22 (Employee share: $1,296.12/month) Effective January 2019, for each eligible employee covered by this Agreement who is employed full-time and who selects City-provided employee health insurance coverage, the Employer agrees to contribute the following amounts per month: 2018 contributions plus eighty-two and one-half percent (82.5%) of the premium increase for 2019, after any plan design changes; employees shall be responsible for the 2018 employee contribution, plus seventeen and one-half percent (17.5%) of the premium increase for 2019, after any plan design changes. Based on a 6.0% premium increase, this results in the following Employer contributions: The parties have agreed, however, that the employee’s share of the single coverage premium payable in 2018 will be shifted to 2019 thereby increasing the employee’s share of the single coverage premium for 2019 to $6.86/month. The lesser of the Employer’s contribution for the Choice Passport Plan for 2019; or the actual cost of the Elect Plan premium. Employees shall be responsible for the difference between the monthly premium and the Employer’s monthly contribution. Based on a 6.0% premium increase for the Choice Passport Plan, this results in the following Employer contributions:
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ACO Plan. The lesser of the Employer’s contribution for the Choice Passport Plan for 2019; or the actual cost of the ACO Plan premium. Employees shall be responsible for the difference between the monthly premium and the Employer’s monthly contribution. Based on a 6.0% premium increase for the Choice Passport Plan, this results in the following Employer contributions: Single: $398.88 (Employee share: $425.50/month) Family: $748.22 (Employee share: $1,415.54/month) Effective January 2020, for each eligible employee covered by this Agreement who is employed full-time and who selects City-provided employee health insurance coverage, the Employer agrees to contribute the following amounts per month: 2019 contributions plus eighty-two and one-half percent (82.5%) of the premium increase for 2020, after any plan design changes; employees shall be responsible for the 2019 employee contribution, plus seventeen and one-half percent (17.5%) of the premium increase for 2020, after any plan design changes. Based on a 6.0% premium increase, this results in the following Employer contributions: $75 per month in a VEBA for completion of 2019 Wellness Program). Employee share: $13.14/month.
Sample 1Sample 2
ACO Plan. The lesser of the Employer’s contribution for the Choice Passport Plan for 2019; or the actual cost of the ACO Plan premium. Employees shall be responsible for the difference between the monthly premium and the Employer’s monthly contribution. Based on a 6.0% premium increase for the Choice Passport Plan, this results in the following Employer contributions: Single: $398.88 (Employee share: $425.50/month) Family: $748.22 (Employee share: $1,415.54/month) Effective for the January 2020, insurance premiums, for each eligible employee covered by this Agreement who is employed full-time and who selects City provided health insurance, the Employer agrees to make to make the following contributions per month: 2019 contributions plus eighty-two and one-half percent (82.5%) of the premium increase for 2020, after any plan design changes; employees shall be responsible for the 2019 employee contribution, plus seventeen and one-half percent (17.5%) of the premium increase for 2020, after any plan design changes. Based on a 6.0% premium increase, this results in the following Employer contributions:
Sample 1
ACO Plan. The lesser of the Employer’s contribution for the Choice Passport Plan for 2018; or the actual cost of the ACO Plan premium. Employees shall be responsible for the difference between the monthly premium and the Employer’s monthly contribution. Based on a 0.3% premium increase for the Choice Passport Plan, this results in the following Employer contributions: $75 per month in a VEBA for completion of 2017 Wellness Program). Employee share: $0.00/month. Effective for the January 2019, insurance premiums, for each eligible employee covered by this Agreement who is employed full-time and who selects City provided health insurance, the Employer agrees to make the following contributions per month: 2018 contributions plus eighty-two and one-half percent (82.5%) of the premium increase for 2019, after any plan design changes; employees shall be responsible for the 2018 employee contribution, plus seventeen and one-half percent (17.5%) of the premium increase for 2019, after any plan design changes. Based on a 6.0% premium increase, this results in the following Employer contributions: $75 per month in a VEBA for completion of 2018 Wellness Program). Employee share: $6.54/month.
Sample 1
ACO Plan. The lesser of the Employer’s contribution for the Choice Passport Plan for 2019; or the actual cost of the ACO Plan premium. Employees shall be responsible for the difference between the monthly premium and the Employer’s monthly contribution. Based on a 6.0% premium increase for the Choice Passport Plan, this results in the following Employer contributions: $75 per month in a VEBA for completion of 2018 Wellness Program). Employee share: $0.00/month. Single: $398.88 (Employee share: $425.50/month) Family: $748.22 (Employee share: $1,415.54/month) Effective for the January 2020, insurance premiums, for each eligible employee covered by this Agreement who is employed full-time and who selects City provided health insurance, the Employer agrees to make to make the following contributions per month: 2019 contributions plus eighty-two and one-half percent (82.5%) of the premium increase for 2020, after any plan design changes; employees shall be responsible for the 2019 employee contribution, plus seventeen and one-half percent (17.5%) of the premium increase for 2020, after any plan design changes. Based on a 6.0% premium increase, this results in the following Employer contributions: $75 per month in a VEBA for completion of 2019 Wellness Program). Employee share: $13.14/month. $75 per month in a VEBA for completion of 2019 Wellness Program). Employee share: $206.96/month.
Sample 1
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ACO Plan. The lesser of the Employer’s contribution for the Choice Passport Plan for 2020; or the actual cost of the ACO Plan premium. Employees shall be responsible for the difference between the monthly premium and the Employer’s monthly contribution. Based on a 6.0% premium increase for the Choice Passport Plan, this results in the following Employer contributions: $75 per month in a VEBA for completion of 2019 Wellness Program). Employee share: $0.00/month. $75 per month in a VEBA for completion of 2019 Wellness Program). Employee share: $35.58/month. Single: $398.88 (Employee share: $473.72/month) Family: $748.22 (Employee share: $1,542.00/month)
Sample 1
ACO Plan. The lesser of the Employer’s contribution for the Choice Passport Plan for 2019; or the actual cost of the ACO Plan premium. Employees shall be responsible for the difference between the monthly premium and the Employer’s monthly contribution. Based on a 6.0% premium increase for the Choice Passport Plan, this results in the following Employer contributions: Employee share: $0.00/month. Employee share: $28.02/month. Single: $398.88 (Employee share: $425.50/month) Family: $748.22 (Employee share: $1,415.54/month) Effective for the January 2020, insurance premiums, for each eligible employee covered by this Agreement who is employed full-time and who selects City provided health insurance, the Employer agrees to make to make the following contributions per month: 2019 contributions plus eighty-two and one-half percent (82.5%) of the premium increase for 2020, after any plan design changes; employees shall be responsible for the 2019 employee contribution, plus seventeen and one-half percent (17.5%) of the premium increase for 2020, after any plan design changes. Based on a 6.0% premium increase, this results in the following Employer contributions: Employee share: $13.14/month. Employee share: $206.96/month.
Sample 1

Related to ACO Plan

  • Profit Sharing Plan Under the Northrim BanCorp, Inc. Profit Sharing Plan (the “Plan”), Executive shall be eligible to receive an annual profit share based on performance as defined by the Board of Directors. Executive will be classified in the Executive tier under the Plan’s Responsibility Factors. If Employer is required to prepare an accounting restatement due to “material noncompliance of the Employer,” the Employer will recover from the Executive any incentive compensation during the three (3) years prior to the date of the restatement, in excess of what would have been paid under the restatement. Executive’s signature on this Agreement authorizes Employer to offset or deduct from any compensation Employer may owe Executive, any excess payments (in whole or in part) that Executive may owe Employer due to such restatement(s).

  • 125 Plan The Board will maintain a Section 125 plan for premiums only in addition to a flexible account that includes eligible medical expenses and dependent care expenses with participating employees paying whatever the administrative charge is to run the 125 Plan.

  • Plan The Award and all rights of the Participant under this Agreement are subject to the terms and conditions of the provisions of the Plan, incorporated herein by reference. The Participant agrees to be bound by the terms of the Plan and this Agreement. The Participant acknowledges having read and understanding the Plan, the Prospectus for the Plan, and this Agreement. Unless otherwise expressly provided in other sections of this Agreement, provisions of the Plan that confer discretionary authority on the Board or the Administrator do not (and shall not be deemed to) create any rights in the Participant unless such rights are expressly set forth herein or are otherwise in the sole discretion of the Board or the Administrator so conferred by appropriate action of the Board or the Administrator under the Plan after the date hereof.

  • Benefit Plan If an employee maintains coverage for benefit plans while on maternity or parental leave, the Employer agrees to pay the Employer's share of these premiums.

  • WELFARE PLAN Section 1: The Plan Section 2: Joint Welfare Board

  • Incentive, Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with incentive opportunities (measured with respect to both regular and special incentive opportunities, to the extent, if any, that such distinction is applicable), savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies and programs as in effect at any time during the 120-day period immediately preceding the Effective Date or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

  • Deferred Compensation Plan Manager shall be eligible to participate in the First Mid-Illinois Bancshares, Inc. Deferred Compensation Plan in accordance with the terms and conditions of such Plan.

  • Deferred Compensation Plans Employees are to be included in the State of California, Department of Personnel Administration's, 401(k) and 457 Deferred Compensation Programs. Eligible employees under IRS Code Section 403(b) will be eligible to participate in the 403(b) Plan.

  • Employees; Benefit Plans (a) During the period commencing at the Effective Time and ending on the date which is FIVE (“5”) months from the Effective Time (or if earlier, the date of the employee's termination of employment with Parent and its Subsidiaries), Parent shall cause the Surviving Corporation and each of its Subsidiaries, as applicable, to provide the employees of the Company and its Subsidiaries who remain employed immediately after the Effective Time (collectively, the "Company Continuing Employees") with base salary, target bonus opportunities (excluding equity-based compensation), and employee benefits that are, in the aggregate, no less favorable than the base salary, target bonus opportunities (excluding equity-based compensation), and employee benefits provided by the Company and its Subsidiaries on the date of this Agreement. (b) With respect to any "employee benefit plan" as defined in Section 3(3) of ERISA maintained by Parent or any of its Subsidiaries, excluding both any retiree healthcare plans or programs maintained by Parent or any of its Subsidiaries and any equity compensation arrangements maintained by Parent or any of its Subsidiaries (collectively, "Parent Benefit Plans") in which any Company Continuing Employees will participate effective as of the Effective Time, Parent shall, or shall cause the Surviving Corporation to, recognize all service of the Company Continuing Employees with the Company or any of its Subsidiaries, as the case may be as if such service were with Parent, for vesting and eligibility purposes (but not for (i) purposes of early retirement subsidies under any Parent Benefit Plan that is a defined benefit pension plan or (ii) benefit accrual purposes, except for vacation, if applicable) in any Parent Benefit Plan in which such Company Continuing Employees may be eligible to participate after the Effective Time; (iii) Continuing Company shall honor all consulting or advisory agreement previously entered into, or employment pending equity awards stock options or warrants to purchase equity based upon performance. provided, that such service shall not be recognized to the extent that (A) such recognition would result in a duplication of benefits or (B) such service was not recognized under the corresponding Company Employee Plan. (c) This Section 5.07 shall be binding upon and inure solely to the benefit of each of the parties to this Agreement, and nothing in this Section 5.07, express or implied, shall confer upon any other Person any rights or remedies of any nature whatsoever under or by reason of this Section 5.07. Nothing contained herein, express or implied (i) shall be construed to establish, amend or modify any benefit plan, program, agreement or arrangement or (ii) shall alter or limit the ability of the Surviving Corporation, Parent or any of their respective Affiliates to amend, modify or terminate any benefit plan, program, agreement or arrangement at any time assumed, established, sponsored or maintained by any of them. The parties hereto acknowledge and agree that the terms set forth in this Section 5.07 shall not create any right in any Company Employee or any other Person to any continued employment with the Surviving Corporation, Parent or any of their respective Subsidiaries or compensation or benefits of any nature or kind whatsoever. (d) With respect to matters described in this Section 5.07, the Company will not send any written notices or other written communication materials to Company Employees without the prior written consent of Parent.

  • Pension Plan Employers and/or individuals who manage, operate, assist or own, either partially or wholly, a company or companies working non-union in the construction industry on Mainland Nova Scotia within the craft jurisdiction of xxx Xxxxxxxxxx Local 83 shall not be eligible to be appointed to serve, or to continue to serve, as trustees on any trust fund referred to within this Collective Agreement. This provision shall apply to management trustees and union trustees alike. 29.01 It is agreed that the employer shall pay into the established Pension Fund an amount per hour for each hour paid as per the wage tables in Craft Schedule “A”, “B”, “S” and Appendix “MIP”. Pension contributions shall be calculated based on the base hourly rate and vacation pay, and no premium shall affect this. For the purposes of this Article, overtime rates payable in accordance with Article 16 are not premiums. Such contributions shall be paid to the Trustees of the Pension Fund on or before the fifteenth (15th) day of the month following the month such hours were worked and shall be accompanied by a remittance report form for each employee on a form prescribed by the Trustees of the Fund. Each monthly report and contributions shall include all obligations arising from hours worked up to the preceding calendar month. 29.02 It is agreed that provisions for an increase in the Pension Plan (other than those increases listed above) will be implemented if so desired by the Local, with the employer contribution to be deducted from the wages rates contained herein, provided the employer receives sixty (60) days notice of such change. 29.03 The Pension Plan shall be professionally administered. 29.04 Neither the United Brotherhood of Carpenters and Joiners of America, Local 83, nor the Nova Scotia Construction Labour Relations Association shall incur any legal liability with regard to claims arising from the Pension Plan. 29.05 Employers bound by, or subject to the Agreement, shall be required to maintain for a two (2) year period, a complete set of employment records including: • employee’s name, address, and S.I.N. • number of hours worked by the employee in each week • employee’s wage rate and gross earnings, amount(s) and description of deductions from the employee’s wages • particulars of pay allowances or other payments or benefits to which the employee is entitled.

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