Common use of CAFETERIA PLAN CONTRIBUTION Clause in Contracts

CAFETERIA PLAN CONTRIBUTION. A. Employees will receive a monthly contribution to the cafeteria plan for the purchase of health and welfare benefits and/or optional cash-out. The cafeteria plan contribution will be $1,560.00 per month. Effective January 1, 2013, the cafeteria plan amount will be increased by $116.00 per month, to $1676.00 per month. In the first year of this increase, the 2013 plan year, such equivalent increase shall be allocated over the remaining pay periods in the cafeteria plan year following ratification of this Agreement. The City shall not be obligated to conduct an additional open enrollment related to this increase to the cafeteria plan amount. Effective January 1, 2018, the cafeteria plan contribution will be increased by $25 per month, to $1,701 per month. B. Information about the benefits available and their cost will be distributed to all employees at the beginning of each benefit year (i.e. calendar year). C. The City retains full and complete control over the selection, approval and administration of the City's group insurance program. D. The benefits will be subject to the following rules: 1. Benefit selections must be made prior to the beginning of each benefit year. Employee changes in benefit plan selections, such as adding or deleting coverage and/or dependents, may only be made in accordance with Section 125 of the Internal Revenue Code and City policy. 2. All benefits selected from the cafeteria plan must be paid for in full from the maximum benefit provided except when the maximum is insufficient to cover all insurance coverage selected. In such cases, the premium amount not funded by the City-provided benefit will be paid through an employee deduction applied against the medical premiums. 3. No unexpended dollar amounts associated with selected benefits may be disbursed to a terminating employee. 4. All benefit selections are subject to State and Federal rules, regulations, and laws regarding employee benefits and tax status. No guarantee is made regarding the tax-exempt status of any and all benefits presented or selected. 5. Employees will be eligible for benefits coverage and the monthly cafeteria plan contribution, on the first day of the month following their hire date.

CAFETERIA PLAN CONTRIBUTION. A. Employees will receive a monthly contribution to the cafeteria plan for the purchase of health and welfare benefits and/or optional cash-out. The cafeteria plan contribution will be $1,560.00 1,676.00 per month. Effective June 1, 2014 this amount will increase to $1,711.00 per month. This increase will not be considered a qualifying event allowing benefit changes to selections made during the most recent open enrollment period. Effective January 1, 20132016, the cafeteria plan this amount will be increased by $116.00 per month, to $1676.00 1,746.00 per month. In the first year of this increase, the 2013 plan year, such equivalent increase shall be allocated over the remaining pay periods in the cafeteria plan year following ratification of this Agreement. The City shall not be obligated to conduct an additional open enrollment related to this increase to the cafeteria plan amount. Effective January 1, 2018, the cafeteria plan contribution will be increased by $25 per month, to $1,701 per month. B. Information about the benefits available and their cost will be distributed to all employees at the beginning of each benefit year (i.e. calendar year). C. . The City retains full and complete control over the selection, approval and administration of the City's group insurance program. D. . The benefits will be subject to the following rules: 1. : Benefit selections must be made prior to the beginning of each benefit year. Employee changes in benefit plan selections, such as adding or deleting coverage and/or dependents, may only be made in accordance with Section 125 of the Internal Revenue Code and City policy. 2. All benefits selected from the cafeteria plan must be paid for in full from the maximum benefit provided except when the maximum is insufficient to cover all insurance coverage selected. In such cases, the premium amount not funded by the City-provided benefit will be paid through an employee deduction applied against the medical premiums. 3. No unexpended dollar amounts associated with selected benefits may be disbursed to a terminating employee. 4. All benefit selections are subject to State and Federal rules, regulations, and laws regarding employee benefits and tax status. No guarantee is made regarding the tax-exempt status of any and all benefits presented or selected. 5. Employees will be eligible for benefits coverage and the monthly cafeteria plan contribution, on the first day of the month following their hire date.

CAFETERIA PLAN CONTRIBUTION. A. Employees will receive a monthly contribution to the cafeteria plan for the purchase of health and welfare benefits and/or optional cash-out. The cafeteria plan contribution will be $1,560.00 per month. Effective January 1, 2013, the cafeteria plan amount will be increased by $116.00 per month, to $1676.00 per month. In the first year of this increase, the 2013 plan year, such equivalent increase shall be allocated over the remaining pay periods in the cafeteria plan year following ratification of this Agreement. The City shall not be obligated to conduct an additional open enrollment related to this increase to the cafeteria plan amount. Effective January 1, 2018, the cafeteria plan contribution will be increased by $25 per month, to $1,701 1,746.00 per month. B. The City shall maintain and pay for the existing level of health insurance benefits for up to six (6) months for the surviving family of a unit member who dies in the line of duty or for the period of time required by State or Federal Law, whichever is greater. C. Information about the benefits available and their cost will be distributed to all employees at the beginning of each benefit year (i.e. calendar year). C. D. The City retains full and complete control over the selection, approval and administration of the City's group insurance program. D. E. The benefits will be subject to the following rules: 1. ) Benefit selections must be made prior to the beginning of each benefit year. Employee changes in benefit plan selections, such as adding or deleting coverage and/or dependents, may only be made in accordance with Section 125 of the Internal Revenue Code and City policy. 2. ) All benefits selected from the cafeteria plan must be paid for in full from the maximum benefit provided except when the maximum is insufficient to cover all insurance coverage selected. In such cases, the premium amount not funded by the City-provided benefit will be paid through an employee deduction applied against the medical premiums. 3. ) No unexpended dollar amounts associated with selected benefits may be disbursed to a terminating employee. 4. ) All benefit selections are subject to State and Federal rules, regulations, and laws regarding employee benefits and tax status. No guarantee is made regarding the tax-exempt status of any and all benefits presented or selected. 5. ) Employees will be eligible for benefits coverage and the monthly cafeteria plan contribution, on the first day of the month following their hire date.