Cash-in-Lieu Option. An eligible employee will be eligible to receive cash-in-lieu of instead of enrolling in a City offered medical insurance plan only if the following conditions are satisfied.
Cash-in-Lieu Option. An Eligible Employee will be eligible to receive cash-in-lieu of $390.00 per month instead of enrolling in a City offered medical insurance plan only if the following conditions are satisfied:
Cash-in-Lieu Option. An employee who qualifies for health coverage may have the choice of accepting said plan or accepting a taxable cash benefit of twenty percent (20%) of the District premium share for the Gold CDHP family plan in lieu of coverage.
Cash-in-Lieu Option. For teachers who do not enroll in health insurance, the employer will provide a cash option in lieu of health benefits. All employees as a condition to receiving cash in lieu must first provide documentation that they otherwise receive health insurance that meets the value and coverage requirements of the Affordable Care Act. The cash option shall be Two Hundred Fifty Dollars ($250). The amount of the cash payment received may be applied by the bargaining unit member to a tax deferred annuity through a salary reduction agreement if allowed by the IRS and the District’s Section 125 plan. Any amounts exceeding the employer’s subsidy shall be payroll deducted. An open enrollment period shall be provided whenever the contribution subsidy amount changes for the group. The employer shall formally adopt a qualified plan document, which complies with Section 125 of the Internal Revenue Code. All cost relating to the implementation and administration of benefits under this program shall be borne by the employer.
Cash-in-Lieu Option. The Certificated Staff participating in the fringe benefit package shall be provided the following cash-in-lieu of option:
Cash-in-Lieu Option. A teacher who qualifies for health coverage may have the choice of accepting said plan or accepting a taxable cash benefit of twenty percent (20%) of the district premium share for the Gold CDHP family plan in lieu of coverage.
Cash-in-Lieu Option. A represented, full-time employee who has health and dental care through another employer group plan, or through a spouse or domestic partner, may choose to waive his or her CRA/LA health and dental plan coverage and receive taxable $100.00 monthly cash compensation. A qualified employee may apply for this benefit by submitting a completed Cash-In-Lieu Affidavit to the Human Resources Department during the Cash-In-Lieu Open Enrollment Period. Re-enrollment in a CRA/LA health plan will be allowed only if you experience a qualifying family status change or during the Annual Employee Benefits Open Enrollment Period. A request for enrollment must be made within 30 days following a qualifying family status change.
