Benefit Option Program Sample Clauses

Benefit Option Program. The Board shall budget the amount set forth below per professor, per budget year, for a Benefit Option Program. These funds may be used to support/supplement any or all of the following options: professional development, dependent dental premium cost, dental reimbursement for uncovered expenses, and optical care expenses. Professors who utilize these funds to cover dependent dental premium costs shall submit a written request to the Human Resources Department each April to cover the subsequent premium year. Professors who utilize these funds for uncovered dental expenses shall submit an insurance claim rejection and proof of payment to the Accounting Department for reimbursement. All requests for Benefit Option Program Funding shall be sent directly to the Accounting Department for the purpose of account tracking. The individual funding for the Benefits Option Program shall be as follows: 2000/01 = $725 each 2003/04 = $800 each 2001/02 = $750 each 2004/05 = $825 each 2002/03 = $775 each 2005/06 = $850 each
Sample 1
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Benefit Option Program. Secretarial/Clerical employees who work at least 910 hours per year, and Custodians, Craftsworkers, Groundsworkers, HPE Attendants, and Security Guards who work at least 1040 hours per year shall be eligible for the Benefit Option Program. The Board shall budget sufficient funds per budget year, per eligible supportive staff employee. These funds shall be used to support/supplement any or all of the following options: reimbursement of dependent dental premium cost, reimbursement for uncovered dental expenses, and reimbursement for optical care expenses. Employees who choose to utilize these funds to cover reimbursement for dependent dental premium costs shall submit a written request to the Human Resources Department each April to cover the subsequent premium year. Employees who utilize these funds for reimbursement of uncovered dental expenses shall submit an insurance claim report which verifies claim rejection to the Human Resources Department for reimbursement. In no instance shall the total reimbursements exceed the maximum per budget year, per employee, as follows: 7/1/00 = $575, 7/1/01 = $600, 7/1/02 = $625, 7/1/03 = $650, 7/1/04 = $675, 7/1/05 = $700.
Sample 1

Related to Benefit Option Program

  • Benefit Options Employees must elect a plan administrator and primary care clinic. Those elections will determine the Benefit Level through Advantage. Enrolled dependents must elect a primary care clinic that is available through the plan administrator chosen by the employee.

  • Deferred Compensation Program ‌ Unit members shall continue to be eligible to join the County’s Deferred Compensation Plan. Said employees will be bound by the same Plan, rules and participation agreements as are generally applicable to other County employees. DSA acknowledges that County retains the right to alter, amend, or repeal the current plan, rules, and participation agreements, at any time. The County shall not charge an administrative fee to participating employees.

  • Retirement Savings Plan Within fifteen (15) days after the date of Termination of Employment, the Company shall pay to Employee a cash payment in an amount, if any, necessary to compensate Employee for the Employee’s unvested interests under the Company’s retirement savings plan which are forfeited by Employee in connection with the Termination of Employment.

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

  • Retirement Program Any employee employed prior to October 1, 1977, working at least seventy (70) hours per month shall by law be a member of the Washington Public Employees Retirement system (PERS) Plan One. Any employee working at least seventy (70) hours per month, entering employment on or after October 1, 1977, shall by law be a member of the School Employees Retirement System, Plan Two or Three. The District shall provide each new employee information concerning PERS or SERS membership benefits.

  • Health Benefit Plan Par. 1. The Health Benefit Plan covering life insurance, sickness and accident benefits, and hospitalization insurance, or any changes thereto that are in accordance with the National Elevator Industry Health Benefit Plan and Declaration of Trust, shall be a part of this Agreement and adopted by all parties signatory thereto.

  • Retirement Plan The 2.7% at 55 retirement plan will be available to eligible bargaining unit members covered by this Section 6.1.1.

  • Annuity Plan Teachers will be eligible to participate in a "tax sheltered " Annuity Plan established pursuant to United States Public Law No. 87-370. Annuity deductions shall be made on a semi-monthly basis.

  • RETIREMENT INCENTIVE PROGRAM A. A Retirement Incentive Program will be provided by the District based upon the conditions stipulated below:

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