Benefits Insurance. Section 17.01 Medical, Rx, Dental, Vision, Life and Section 125 In order to be eligible for insurance, an employee must be contracted for at least thirty (30) hours per week. Employees may not be paid cash in lieu of insurance benefits. Coverage: See Plan Booklet for COG adopted coverage information Medical
A. The College will pay: a. 82% of the premium and the employee will pay 18% in FY 21-22.
Benefits Insurance. Section 17.01 Medical, Rx, Dental, Vision, Life and Section 125 In order to be eligible for insurance, an employee must be contracted for at least thirty (30) hours per week. Employees may not be paid cash in lieu of insurance benefits. Coverage: See Plan Booklet for COG adopted coverage information Medical
A. The College will pay:
a. 86% of the premium and the employee will pay 14% in FY 17-18.
b. 85% of the premium and the employee will pay 15% in FY 18-19.
c. 84% of the premium and the employee will pay 16% in FY 19-20.
Benefits Insurance. Section 9.1 Medical, Prescription, and Vision Insurance The Board shall pay for each participating employee each year 96% of the premium cost of group medical, prescription, and vision coverage unless waived by the employee. The employee may elect to add employee plus one or family coverage. The Board contributes each year an amount calculated to equal 66% of that year’s premium for the Board’s family coverage plan and 71% of that year's premium for the Board's employee plus one coverage plan. Such insurance shall include, but not be limited to, the following benefits: The specifications and benefits identified for the following plans are hereby appended to this Agreement: Medical–United HealthCare Vision–United HealthCare Prescription Drugs-CVS/CAREMARK
Section 9.2 Dental Insurance The Board shall contribute 100% of the premium cost per participating employee, unless waived by the employee, for the purpose of a dental plan each year.
Benefits Insurance. Consultant is not an employee of the Company and is not entitled to participate in any plans, arrangements, or distributions by the Company for its employees including, but not limited to, pension, profit sharing, bonus, medical insurance, dental insurance, life insurance, disability insurance, vacation and/or sick leave plans or arrangements. Consultant hereby waives any right it may subsequently be deemed to have to any such benefits of the Company in the event that its status is characterized in a way that would otherwise entitle it to such benefits.
Benefits Insurance. 11 ARTICLE X – GRIEVANCE PROCEDURE 13 ARTICLE XI – DISCIPLINE/DUE PROCESS RIGHTS 15 ARTICLE XII – EVALUATIONS 15
Benefits Insurance. (a) HV shall be entitled to participate in all employee benefit programs now in effect or hereafter adopted by the Company for the benefit of the Company's key executives and/or officers, including, but not limited to retirement, pension, incentive compensation, group insurance, stock options, stock bonuses and other programs of like nature.
(b) During the term of employment of HV hereunder, the Company shall maintain policies of medical insurance providing for major medical coverage of HV and his family including his spouse or the equivalent thereof, and shall also maintain a long-term disability policy for HV. The coverage provided by such policies shall be comparable to those, which the Company presently provides or shall provide.
(c) The Company shall purchase key man life insurance on the life of HV the first $500,000.00 benefit from which shall be payable to a beneficiary to be designated by HV with the balance payable to the Company.
(d) The Company shall secure directors and officers liability insurance with coverage's and monetary amounts of protection mutually agreed upon by the Company and HV.
(e) HV shall have the right to participate in the Company's non-qualified stock option plan.
(f) Should the stock of the Company split or a stock dividend be paid for any reason during the term of this Agreement, any unexercised stock option or warrant, or portion thereof, shall be deemed to be subject to the terms of the stock split or purchase the equivalent number of share as covered by the split as if he had previously owned or received his option prior to the stock split.
Benefits Insurance. (i) Medical, Life, Dental and Vision Benefits. During the Term, (A) Levy and his eligible spouse and dependents will be entitled to receive such group medical, dental and vision benefits as the Company may generally provide to its employees and executive officers from time to time, and (B) the Company will continue paying the premiums on the split-dollar life insurance policy currently being provided by the Company to Levy. From the expiration of the Term until May 31, 2004, except if the Company has terminated this Agreement for Cause, Levy and his eligible spouse and dependents will continue to be entitled to receive such group medical, dental and vision benefits as the Company may provide to its employees and executive officers from time to time, unless Levy is employed by another employer (other than a company formed by Levy) and in connection therewith is entitled to participate in medical, dental or vision benefits in connection with such employment.
Benefits Insurance. 1. Employee eligibility for health insurance benefits shall commence 60 days after hire, and to the first day of the next month.
2. Full-time employee premiums. The employer agrees to pay 100 percent of the monthly premiums for health insurance (to include hospitalization, major medical, dental, and vision) for regular full-time employees.
3. Regular part-time employee premiums. The employer agrees to pay a prorated percentage of monthly premiums for health insurance based on actual hours scheduled to be worked for regular part-time employees working an average of at least 20 hours but less than 40 hours per workweek hired on or after July 1, 2005.
4. Employer agrees to pay $30,000 in Life and Accidental Death and Dismemberment (AD&D) for regular full-time employee for the term of this agreement.
5. Dependent and spouse premiums. Fiscal Year 2022-2023 (first of the month after signing of contract) For regular full-time employees, hired before July 1, 2014, the employer agrees to pay 100 85 percent of the monthly premiums for health insurance (to include hospitalization, major medical, dental, and vision) for the employee’s dependents (up to age 26) and 100 85 percent for the employee’s spouse who is not eligible for any other health insurance or Medicare Part A or B coverage. Effective May 1, 2012, if the employee’s spouse is eligible for any other health insurance coverage, the employee may choose to cover his/her spouse on employer’s plan for a charge equal to 50 percent of the cost of the spouse’s coverage. For employees hired on, or after, July 1, 2014 the employer will pay 60 percent of the monthly health insurance premiums for the employee’s dependents (up to age 26) and 60 percent for the employee’s spouse who is not eligible for any other health insurance or Medicare Part A or B coverage. For regular full-time employees the employer agrees to pay 70 percent of the monthly premiums for health insurance for the employee’s dependents (up to age 26) and 70 percent for the employee’s spouse who is not eligible for any other health insurance or Medicare Part A or B coverage. Effective May 1, 2012, if the employee’s spouse is eligible for any other health insurance coverage, the employee may choose to cover his/her spouse on employer’s plan for a charge equal to 50 percent of the cost of the spouse’s coverage. Each employee shall provide on a county-provided affidavit to the Personnel Office annual certification stating whether his/her spouses is eligible...
Benefits Insurance. 1. Employee eligibility for health insurance shall commence ninety (90) days after the hire date and to the first day of the next month.
2. The Employer agrees to pay one hundred percent (100%) of the monthly premiums for health insurance (to include hospitalization, major medical, dental, and vision) for Regular Full- Time Employees. The Employer agrees to pay one hundred percent (100%) of the monthly premiums for health insurance for all Regular Full-Time Employees hired on or before June 30, 2005. The Employer agrees to pay a prorated percentage of monthly premiums for health insurance based on actual hours scheduled to be worked for Regular Part-Time Employees working at least twenty-one (21) hours but less than forty (40) hours per workweek hired on or after July 1, 2005. Employer agrees to pay $30,000 A D & D of Employee for the term of this Agreement.
3. For Employees hired before July 1, 2014, the Employer agrees to pay the monthly premiums for health insurance for dependents (up to age 26) of Employees and spouses who are not eligible for any other health insurance coverage on the same percentage basis as Employer pays for the Employee. Effective May 1, 2012, if the Employee’s spouse is eligible for any other health insurance coverage, the Employee may choose to cover his/her spouse on Employer’s plan for a charge equal to fifty percent (50%) of the cost of the spouse’s coverage.
a. All Employees shall provide annual certification stating whether their spouses are eligible for any other health insurance coverage on a County provided affidavit.
b. This Article shall be reopened for negotiation in 2014 in accordance with NRS 288 so that in the event that Storey County Sheriff’s Office Employee’s Association/ Operating Engineers Local Union No. 3 and/or Storey County Fire Fighters Association IAFF Local 4227, and/or any other collective bargaining unit recognized by the Employer negotiates a higher level of spousal and/or dependent coverage than is provided in this Article, or that coverage is offered to any Employees excluded from coverage by Collective Bargaining Agreements (with exception of those subject to statutory requirements), the Union under this Agreement may negotiate this Article.
4. For Employees newly hired on or after July 1, 2014, spouses and dependents are not eligible for Employer-paid health insurance coverage.
a. For the purposes of this Article, “newly hired” Employees shall not include: any Employee continuously employed by the...
Benefits Insurance. 12.01 For such employees as are eligible (according to the terms of the insurance policy in question) the Company agrees to pay the premium cost of Manulife Financial Policy #93282B. The portion of the policy premium paid by the Company is set out in Schedule A to this Agreement.
