Benefit Structure Sample Clauses

Benefit Structure a. Maximums: $1,000 per person per year (January 1 through December 31) Orthodontia: $2,000 lifetime per person Preventive: Twice per year b. Deductible: Preventive $0 Basic Benefits $0 Prosthetics $0 Orthodontia $0 c. Co-Insurance*: Preventive 100% Basic Benefits 50% Major Services 50% Orthodontia 65% * Reimbursement Subject to Reasonable and Customary Fee.
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Benefit Structure. 10.2.1 To those qualifying for The Plan under §10.1 of this Article after December 31, 2013, The Plan will pay up to 100% of the Anthem HMO Select amount for the appropriate tier rate effective July 1, 2014, as well as dental and vision. Those retirees receiving benefits under The Plan on December 31, 2014 will have their District contribution “grandfathered in” as their base rate with annual adjustments applied as detailed in 10.2.2 and 10.2.3 of this Article. 10.2.2 The percentage of the District contribution paid by The Plan for retirees will be determined as follows: Retiring at age 60-64: Plan pays 100% Retiring at age 59: Plan pays 95% Retiree pays 5% Retiring at age 58: Plan pays 90% Retiree pays 10% *Retiring at age 57: Plan pays 85% Retiree pays 15% *Retiring at age 56: Plan pays 80% Retiree pays 20% *Retiring at age 55: Plan pays 75% Retiree pays 25% This concept is the same as the State Teachers Retirement System: Full benefits are available at age 60, lesser benefits with earlier retirement. Those retiring before age 60 will receive benefits for more years than those retiring at age 60 or beyond, thus receiving more actual dollars in benefits, even though they are receiving a lower percentage of compensation. 10.2.3 If the annual premium increase is 10% or less, The Plan will pick up half of that increase and the retiree will pick up the other half. If the annual premium increases by more than 10%, the retiree will also pay the remainder of the premium increase over 10%. For example, consider the base at exactly $4000 for simplicity. If the premium increases 5%, or $200, The Plan will pick up $100 and the retiree will pick up the other $100, the same as it is now. If the premium increases 10%, or $400, The Plan will pick up $200 and the retiree will pick up the other $200, the same as it is now. If the premium increases 15%, or $600, The Plan will pick up $200 and the retiree will pick up the other $400. 10.2.4 The Plan will be reviewed annually in terms of the fund balance, the number of retirees on The Plan, and the number of new retirees joining The Plan. As it becomes necessary, District funds (lottery or other) will be considered in order to keep The Plan solvent. 10.2.5 The level of coverage is to be determined annually by the DTA Council upon the recommendation of the Retiree Health Benefits (Plan) Committee. 10.2.6 The coverage included in The Plan shall be for both the retired employee and spouse. Any additional fees for upgrades or su...
Benefit Structure a. Maximums: $1,000 per person per policy year (January 1 - December 31) Orthodontia: $2,000 lifetime per person Preventive: Twice per policy year b. Deductible: Preventive: $0 Basic Benefits: $0 Major Services: $0 Orthodontia: $0 c. Co-Insurance*: Preventive: 100% UCR Basic Benefits: 50% UCR Major Services: 50% UCR Orthodontia: 65% UCR d. Description of Benefits:
Benefit Structure. If you are currently retired and collecting a monthly benefit, complete Section 2. • If you are not yet collecting a benefit, complete Section 3.
Benefit Structure. District shall provide a health and welfare benefit 4 program for all unit members who have a regular job assignment 5 of twenty (20) or more hours per week. The District will provide 6 up to the maximum contributions for each tier for the following 7 coverages:
Benefit Structure. There shall be an employee co-payment of twenty-five dollars. Service intervals are as follows:
Benefit Structure. 3 The District shall provide a health and welfare benefit program for all unit members who 4 have a regular job assignment of twenty (20) or more hours per week. The District will provide up 5 to the maximum contributions for each tier for the following coverages: 6 a. Medical/vision insurance 7 b. Chiropractic 8 c. Dental insurance 9 d. Long-term Care 10 e. Life insurance ($50,000 term) 11 f. Employee Assistance Program 12 g. Long-term disability insurance 13 Effective with the 2018 benefits year, health benefit plans will be available through the California 14 Schools Voluntary Employee Benefits Association ("VEBA"). The medical plans available 15 through VEBA are (Kaiser & United HealthCare), dental (Delta Dental), vision (VSP), and EAP 16 (Optum). Effective November, 2019, VEBA will also offer a Harmony plan. 17 1. The District shall pay 100% of the employee only premiums for Kaiser, United 18 Health care Network 1, Harmony and Alliance HMO plans. 19 2. For the United Health Care Network 2 the District shall pay the employee only 20 premium of the United Health Care Network 1 plan, and the employee shall pay 21 the remaining premium difference for the Network 2 plan. 22 3. For the employees selecting coverage with dependents (encompasses all tiers to 23 include spouse, children, and family), the District will pay 80% of the employee 24 and dependent premiums of the United Health Care Network 1 and Kaiser plans. 25 4. For the employees selecting coverage with dependents ((encompasses all tiers to 26 include spouse, children, and family) in the United Health Care Network 2 and 27 Alliance HMO plans, the District will pay an amount equal to 80% of the 28 employee and dependent premiums of the United Health Care Network 1 plan, and 1 the employee will pay the remaining premium difference for the Network 2 and
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Related to Benefit Structure

  • Payment Structure You must pay the fees listed on the relevant Services Order. Subscription payments will be structured differently based on the term you select from the three options below and the payment structure will be set forth in the Services Order. The fees identified in the Services Order are exclusive of shipping fees, and you will pay the shipping fees (if applicable) identified in the invoice.

  • Benefit Level The primary care clinics available through each plan administrator are assigned a Benefit Level. The Benefit Levels are outlined in the benefit chart below. Primary care clinics may be in different Benefit Levels for different plan administrators. Family members may be enrolled in clinics that are in different Benefits Levels. Employees and their dependents may change to clinics in different Benefit Levels during the annual open enrollment. Employees and their dependents may also elect to move to a clinic in a different Benefit Level within the same plan administrator up to two (2) additional times during the plan year. Unless the individual has a referral from his/her primary care clinic, there are no benefits for services received from providers in Benefit Levels that are different from that of the primary care clinic in which the individual has enrolled.

  • Agreement Structure This Agreement includes Part 1 - General Terms, Part 2 - Country-unique Terms (if any), the LI, and the XxX and is the complete agreement between Licensee and Lenovo regarding the use of the Program. It replaces any prior oral or written communications between Licensee and Lenovo concerning Licensee’s use of the Program. The terms of Part 2 may replace or modify those of Part 1. To the extent of any conflict, the LI prevails over both Parts.

  • Management Structure Describe the overall management approach toward planning and implementing the contract. Include an organization chart for the management of the contract, if awarded.

  • Third Party Administrators for Defined Contribution Plans 2.1 The Fund may decide to make available to certain of its customers, a qualified plan program (the “Program”) pursuant to which the customers (“Employers”) may adopt certain plans of deferred compensation (“Plan or Plans”) for the benefit of the individual Plan participant (the “Plan Participant”), such Plan(s) being qualified under Section 401(a) of the Code and administered by TPAs which may be plan administrators as defined in the Employee Retirement Income Security Act of 1974, as amended. 2.2 In accordance with the procedures established in Schedule 2.1 entitled “Third Party Administrator Procedures,” as may be amended by the Transfer Agent and the Fund from time to time (“Schedule 2.1”), the Transfer Agent shall: (a) Treat Shareholder accounts established by the Plans in the name of the Trustees, Plans or TPAs, as the case may be, as omnibus accounts; (b) Maintain omnibus accounts on its records in the name of the TPA or its designee as the Trustee for the benefit of the Plan; and (c) Perform all Services under Section 1 as transfer agent of the Funds and not as a record-keeper for the Plans. 2.3 Transactions identified under Sections 1 and 2 of this Agreement shall be deemed exception services (“Exception Services”) when such transactions: (a) Require the Transfer Agent to use methods and procedures other than those usually employed by the Transfer Agent to perform transfer agency and recordkeeping services; (b) Involve the provision of information to the Transfer Agent after the commencement of the nightly processing cycle of the TA2000 System; or (c) Require more manual intervention by the Transfer Agent, either in the entry of data or in the modification or amendment of reports generated by the TA2000 System, than is normally required.

  • Benefit Increases Benefit payments may be increased as provided in Section 2.1.3.

  • Tax Benefit Schedule Within one hundred fifty (150) calendar days after the filing of the U.S. federal income Tax Return of the Corporation for any Taxable Year in which there is a Realized Tax Benefit or Realized Tax Detriment, the Corporation shall provide to the Members a schedule showing, in reasonable detail, the calculation of the Realized Tax Benefit or Realized Tax Detriment for such Taxable Year (a “Tax Benefit Schedule”). The Tax Benefit Schedule will become final and binding on the Parties pursuant to the procedures set forth in Section 2.4(a), and may be amended by the Parties pursuant to the procedures set forth in Section 2.4(b).

  • Benefit Limit In the event that any payments or benefits to which Employee becomes entitled in accordance with the provisions of this Agreement (or any other agreement with the Company or any other corporation or entity that directly or indirectly controls, is controlled by, or is under common control with the Company) would otherwise constitute a parachute payment under Code Section 280G(b)(2), then such payments and/or benefits will be subject to reduction to the extent necessary to assure that Employee receives only the greater of (i) the amount of those payments which would not constitute such a parachute payment or (ii) the amount which yields Employee the greatest after-tax amount of benefits after taking into account any excise tax imposed under Code Section 4999 on the payments and benefits provided Employee under this Agreement (or on any other payments or benefits to which Employee may become entitled in connection with any change in control or ownership of the Company or the subsequent termination of his employment with the Company). The benefit limits of this paragraph shall be calculated as of the date on which the event triggering any parachute payment is effected, and such calculation shall be completed within thirty (30) days after such effective date. Should the completed calculations require a reduction in benefits in order to satisfy the benefit limit of this paragraph, then the portion of any parachute payment otherwise payable in cash to Employee shall be reduced to the extent necessary to comply with such benefit limit, with each such cash payment to be reduced pro-rata but without any change in the payment dates, and with the cash severance payments detailed herein to be the first and then the benefit payments to be the next such payments so reduced. Should such benefit limit still be exceeded following such reduction, then the number of shares which would otherwise vest on an accelerated basis under each of Employee’s outstanding equity awards shall be reduced to the extent necessary to eliminate such excess, with such reduction to be applied to such equity awards in the same chronological order in which those awards were made.

  • REFUND OF UNEARNED COMPENSATION The Party of the Second Part agrees to refund the Party of the First Part any compensation received for which no services were rendered. TERMINATION: This contract may be terminated by either party pursuant to law. OTHER CONDITIONS: Any subsequent contracts shall supersede the provisions of this contract. PARTIES: The Fort Xxxxx School District 100, Party of the First Part, and XXXXX XXXXX XXXXX Party of the Second Part, agree as follows:

  • Defined Benefit Pension Plans The Borrower will not adopt, create, assume or become a party to any defined benefit pension plan, unless disclosed to the Lender pursuant to Section 5.10.

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