Cash Rebate Sample Clauses
Cash Rebate. Employees who receive health or dental insurance have the option to be paid $215.00 per month if they elect not to receive health insurance from the Employer, and $18.00 per month if they elect not to receive the dental insurance provided by the Employer. Proof of alternate insurance will be required to receive payment in lieu of coverage. Eligible employees may elect to switch from payment to coverage or vice versa no more than once a year (during the open enrollment period) with the exception of an emergency situation such as involuntary loss of coverage under which circumstances the employee's coverage will be reinstated as soon as permitted by the insurance carrier. If in such an emergency situation, the employee purchases benefits pursuant to the Consolidated Omnibus Budget Reconciliation Act (COBRA), the Employer will reimburse the employee for the cost of this COBRA coverage until the employee can obtain coverage through the Employer's health and dental plans.
Cash Rebate. Employees who receive health or dental insurance have the option to be paid $215.00 per month if they elect not to receive health insurance from the Employer, and $18.00 per month if they elect not to receive the dental insurance provided by the Employer. Proof of alternate insurance will be required to receive payment in lieu of coverage. Spouses who are both employed by the City will not be eligible for payment in lieu of coverage. Eligible employees may elect to switch from payment to coverage or vice versa no more than once a year (during the open enrollment period) with the exception of an emergency situation such as involuntary loss of coverage under which circumstances the employee’s coverage will be reinstated as soon as permitted by the insurance carrier. If in such an emergency situation, the employee purchases benefits pursuant to the Consolidated Omnibus Budget Reconciliation Act (COBRA), the Employer will reimburse the employee for the cost of this COBRA coverage until the employee can obtain coverage through the Employer’s health and dental plans.
Cash Rebate. 9.1 Where applicable, Cardmembers shall be entitled to a Cash Rebate which will be credited to the Principal Cardmember’s Card Account on a monthly basis.
9.2 Cardmembers entitled to a Cash Rebate will not be eligible for the TREATS Points Rewards Programme in respect of the retail transaction.
Cash Rebate. 3.1.1 The reward program is an annual program. You may accumulate the cash rebate each month, beginning each year with your January Statement to the end of the last billing Statement in that calendar year. If your Card Account was opened after January, the cash rebate will start accumulating in the month in which your Card Account was opened. As long as your Card Account is in Good Standing, the cash rebate for each year as shown on your December Statement will be credited to your Card Account on your January Statement. Until then, the cash rebate has no cash value and will not be considered to be your property for any purpose.
3.1.2 Once the cash rebate is posted on your January Statement, the cash rebate balance will reset to zero (unless the cash rebate balance is negative, in which case the negative balance will carry over to the next year) and the rebate will start accumulating again on the first day of your January billing cycle. Rebate information will be shown on each Statement or you can call us toll free at 0-000-000-0000. Check your Statements carefully and let us know within 30 days if you see any mistakes, otherwise we’ll assume we got it right.
Cash Rebate. There is no Cash Rebate given on the I’m Credit Card