Cafeteria Plan Allotment. 1. The Flex Benefit amount for Employee Only, those with coverage outside of the City, and those employees covered by another City employee is fixed at the amount provided in the calendar year 2015 ($13,024). The flex amount for Employee + 1 and Employee + Family will be adjusted under the current 50/50 cost sharing formula, utilizing the average cost increase of the full-family, non- indemnity, health plan premiums. Eligible part-time employees will receive an allotment in the proportion that such part-time employment bears to full-time employment. 2. [ACA Reopener] The City provides medical benefits (via a cafeteria plan as set forth in Article 2.19) to ASSOCIATION represented employees. These benefits are subject to the Federal Affordable Care Act (“ACA”). The City, upon notice to ASSOCIATION, may reopen this MOU when the City has been informed of or is aware of non-compliance with the ACA, including a “Cadillac” tax. The City shall provide notice to ASSOCIATION of the nature of the act or omission that forms the basis of ACA non-compliance. The City and ASSOCIATION shall thereafter promptly meet and confer to the extent required by the MMBA.
Appears in 3 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding
Cafeteria Plan Allotment. 1. The Flex Benefit amount for Employee Only, those with coverage outside of the City, and those employees covered by another City employee is fixed at the amount provided in the calendar year 2015 ($13,024). The flex amount for Employee + 1 and Employee + Family will be adjusted under the current 50/50 cost sharing formula, utilizing the average cost increase of the full-family, non- indemnity, health plan premiums. Eligible part-time employees will receive an allotment in the proportion that such part-time employment bears to full-time employment.
2. [ACA Reopener] The City provides medical benefits (via a cafeteria plan as set forth in Article 2.19) to ASSOCIATION CVEA/SEIU represented employees. These benefits are subject to the Federal Affordable Care Act (“ACA”). The City, upon notice to ASSOCIATIONCVEA/SEIU, may reopen this MOU when the City has been informed of or is aware of non-compliance with the ACA, including a “Cadillac” tax. The City shall provide notice to ASSOCIATION CVEA/SEIU of the nature of the act or omission that forms the basis of ACA non-compliance. The City and ASSOCIATION CVEA/SEIU shall thereafter promptly meet and confer to the extent required by the MMBA.
Appears in 2 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding