CAFETERIA DOLLARS. A. The APCD shall contribute $143.66 per pay period (26 pay period year or $3,735.16 annually) per employee as cafeteria dollars. Regular part-time employees are eligible for this allowance based on a prorated equivalent of their employment status. The benefit allowance, which is received in cash, has a primary purpose of allowing employees to fund employee and dependent health insurance costs. Employees may also use the dollars to fund options in the Flexible Spending Account Plan and/or receive the remainder in cash. B. This allowance will be paid on a biweekly basis to each regular employee based on the prorated number of non-premium hours paid in a pay period. Benefits under this program will be paid only for each full biweekly pay period employed, no payments for partial pay periods will be made. Employees hired or promoted into a position eligible for participation during the calendar year shall begin earning the appropriate allowance the first full pay period of their appointment. C. Effective the first pay period following Board approval, the District shall make a one-time contribution of $520.00 to cafeteria dollars in addition to the regular bi- weekly amount.
Appears in 1 contract
Samples: Memorandum of Understanding
CAFETERIA DOLLARS. A. The APCD shall contribute $143.66 per pay period (26 pay period year or $3,735.16 annually) per employee as cafeteria dollars. Regular part-time employees are eligible for this allowance based on a prorated equivalent of their employment status. The benefit allowance, which is received in cash, has a the primary purpose of allowing employees to fund employee and dependent health insurance costs. Employees may also use the dollars to fund options in the Flexible Spending Account Plan and/or receive the remainder in cash.
B. This allowance will be paid on a biweekly basis to each regular employee based on the prorated number of non-premium hours paid in a pay period. Benefits under this program will be paid only for each full biweekly pay period employed, no payments for partial pay periods will be made. Employees hired or promoted into a position eligible for participation during the calendar year shall begin earning the appropriate allowance the first full pay period of their appointment.
C. Effective the first pay period following Board approval, the District shall make a one-time contribution of $520.00 to cafeteria dollars in addition to the regular bi- weekly amount.
Appears in 1 contract
Samples: Memorandum of Understanding
CAFETERIA DOLLARS. A. The APCD shall contribute $143.66 per pay period (26 pay period year or $3,735.16 annually) per employee as cafeteria dollars. Regular part-time employees are eligible for this allowance based on a prorated equivalent of their employment status. The benefit allowance, which is received in cash, has a primary purpose of allowing employees to fund employee and dependent health insurance costs. Employees may also use the dollars to fund options in the Flexible Spending Account Plan and/or receive the remainder in cash.
B. This allowance will be paid on a biweekly basis to each regular employee based on the prorated number of non-premium hours paid in a pay period. Benefits under this program will be paid only for each full biweekly pay period employed, no payments for partial pay periods will be made. Employees hired or promoted into a position eligible for participation during the calendar year shall begin earning the appropriate allowance the first full pay period of their appointment.
C. Effective the first pay period following Board approval, the District shall make a one-time contribution of $520.00 to cafeteria dollars in addition to the regular bi- weekly amount.
Appears in 1 contract
Samples: Memorandum of Understanding
CAFETERIA DOLLARS. A. The APCD shall continue to contribute $143.66 per pay period (26 pay period year or $3,735.16 annually) per employee as cafeteria dollars. Regular part-time employees are eligible for this allowance based on a prorated equivalent of their employment status. The benefit allowance, which is received in cash, has a the primary purpose of allowing employees to fund employee and dependent health insurance costs. Employees may also use the dollars to fund options in the Flexible Spending Account Plan and/or receive the remainder in cash.
B. This allowance will be paid on a biweekly basis to each regular employee based on the prorated number of non-premium hours paid in a pay period. Benefits under this program will be paid only for each full biweekly pay period employed, no payments for partial pay periods will be made. Employees hired or promoted into a position eligible for participation during the calendar year shall begin earning the appropriate allowance the first full pay period of their appointment.
C. Effective the first pay period following Board approval, the District shall make a one-time contribution of $520.00 to cafeteria dollars in addition to the regular bi- weekly amount.
Appears in 1 contract
Samples: Memorandum of Understanding