College Contribution to Premium Cost of Health Insurance Sample Clauses

College Contribution to Premium Cost of Health Insurance. 1. The College shall contribute the dollar equivalent of one-hundred percent (100%) of the premium cost of individual health insurance coverage and seventy percent (70%) of the premium cost of the dependent health insurance coverage for all eligible employees who elect such coverage. In addition and, subject to change, in accord with Article XV(A), the cost of any premium increases in the dependency coverage of the health insurance program shall be borne equally by the College and the bargaining unit member. If, however, the College effects a savings in the total cost of the health insurance program covering bargaining unit members, such savings shall be applied as an offset to any increase(s) in the employee’s contribution to the cost of this dependency coverage as described herein. 2. Employees employed as of and subsequent to 1 January 1986 shall contribute twenty-five percent (25%) toward the total premium cost of their health insurance (individual and dependent coverage) for the first three (3) years of their employment, following which the provisions of paragraph 1 above shall apply. Effective January 1, 2015 all employees will pay the portion of family premium as described in Paragraph 1 for the duration of employment. 3. Effective January 1, 2015 now current employees shall pay 5% of the full premium cost for individual health insurance. Effective January 1, 2016 such employees shall pay 10% of the full premium cost for individual health insurance coverage. 4. Employees hired after ratification date of the agreement shall pay 15% of the full premium cost for individual health insurance.
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College Contribution to Premium Cost of Health Insurance. 1. The College shall contribute the dollar equivalent of one-hundred percent (100%) of the premium cost of individual health insurance coverage and seventy percent (70%) of the premium cost of the dependent health insurance coverage for all eligible employees who elect such coverage. In addition and, subject to change, in accord with Article XV (A), the cost of any premium increases in the dependency coverage of the health insurance program shall be borne equally by the College and the bargaining unit member. If, however, the College effects a savings in the total cost of the health insurance program covering bargaining unit members, such savings shall be applied as an offset to any increase(s) in the employee’s contribution to the cost of this dependency coverage as described herein. 2. Effective January 1, 2015 all employees will pay the portion of family premium as described in Paragraph 1 for the duration of employment. 3. Effective January 1, 2015 now current employees shall pay 5% of the full premium cost for individual health insurance. Effective January 1, 2016 such employees shall pay 10% of the full premium cost for individual health insurance coverage. 4. Employees hired after ratification date of the agreement shall pay 15% of the full premium cost for individual health insurance.
Sample 1
College Contribution to Premium Cost of Health Insurance. 1. The College shall contribute the dollar equivalent of one-hundred percent (100%) of the premium cost of individual health insurance coverage and 74.55% of the premium cost of the dependent health insurance coverage for all eligible employees who elect such coverage (this percentage contribution is effective January 1, 1992 and, subject to change, in accord with ARTICLE XX, A. - see attached example contained in Addendum D). 2. Employees employed as of and subsequent to 1 January 1986 shall contribute twenty-five percent (25%) toward the total premium cost of their health insurance (individual and dependent coverage) for the first three (3) years of their employment, following which the provisions of paragraph 1 above shall apply
Sample 1

Related to College Contribution to Premium Cost of Health Insurance

  • Health insurance premiums If you are unemployed and have received unemployment compensation for 12 consecutive weeks under a federal or state program, you may take payments from your IRA to pay for health insurance premiums without incurring the 10 percent early distribution penalty tax.

  • Overtime Meal Allowance Employees required to work more than two (2) hours overtime consecutive with a shift shall be provided with a meal by the Employer.

  • Educational Allowance Special Preparation Bonuses Per Month Per Shift (Full-time) (Part-time) (1) A.C.L.S. Course (2) Special Courses or Introduction to Nursing Management or 6 months post-graduate O.R. $10.00 0.06 course $15.00 0.09 (3) One year University Diploma $40.00 0.25 (4) Bachelor's Degree $80.00 0.49 (5) Master's Degree $120.00 0.74 These bonuses shall be paid only when, in the judgement of the Hospital, the position of the nurse requires the educational qualifications set out above.

  • Group Health Insurance The Employer shall provide a comprehensive health care insurance program for all permanent full-time and part-time employees. Health Plan characteristics and benefits shall be as provided in the Employer’s Agreement with the Ohio Civil Service Employees Association (hereinafter OCSEA). Regardless of the plan, employees will pay fifteen percent (15%) of the premium and the Employer will pay eighty-five percent (85%) of the premium; however for any alternative plans offered pursuant to the Agreement with OCSEA, the employees’ premium share will be determined by the Director of DAS, but will not exceed fifteen percent (15%) of the premium. The Employer’s premium share shall be paid on behalf of eligible employees as provided in the Employer’s Agreement with OCSEA. Employees who include a spouse as a dependent for healthcare coverage shall pay a surcharge as provided in the Employer’s Agreement with OCSEA. Eligibility provisions for employees enrolling in State provided health care plans shall remain the same as those in effect in the Employer’s Agreement with OCSEA. The Employer reserves the right to perform dependent eligibility audits upon recommendation of the Joint Health Care Committee. Health care costs paid on behalf of ineligible dependents will be subject to recovery. Deductibles, co-payments, and other plan design provisions for all benefit programs shall be the same as those prescribed in the Employer’s Agreement with OCSEA. Every year the Employer shall conduct an open enrollment period, at which time employees shall be able to enroll in a health plan, continue enrollment in their current plan, switch to another plan, subject to plan availability in their area, or waive coverage. The timing of the open enrollment period shall be established by the Director of the Department of Administrative Services (DAS), in consultation with the Joint Health Care Committee. Changes outside of open enrollment may only occur as prescribed in the Employer’s Agreement with OCSEA. Open Enrollment Fairs shall be held in accordance with Employer’s Agreement with OCSEA. There shall be established a Joint Health Care Committee composed of representatives of management, and of the various labor Unions representing State employees. The Committee shall meet regularly to monitor the operation of the State’s health care plans, and to make recommendations for the improvement of the plans and cost containment procedures. The Employer shall provide funding for dental, vision and the life benefits as described in Article 21 of the Employer’s Agreement with OCSEA and the Union’s Benefits Trust. Employee health insurance payments will be deducted from every paycheck. In the event an employee is receiving disability leave or Workers’ Compensation benefits, the Employer- policyholder shall continue, at no cost to the employee, the coverage of group health insurance for such employee for the period of such leave, but not beyond twelve (12) months. If the employee’s leave extends beyond twelve

  • Retiree Health Insurance Retired members of the Department receiving, or to receive City of Lincoln monthly pension checks, may participate in the group comprehensive health care plan for active City employees, provided that each retiree so desiring will execute the required forms in a timely fashion, and further provided that each retiree will be required to pay the full monthly cost at the current rates subject to any rate increases which may occur from time to time. Such payment will be made by payroll deduction from pension checks, or by direct payment in the case of an early retiree.

  • Health Insurance The Couple agrees that: (check one)

  • Benefit Coverage The Company agrees to provide pension and welfare benefits as described in the Company Booklets, benefit plan documents or policies of insurance for the duration of the Agreement.

  • Specialist Schools Allowance Funding equivalent to that which a maintained school with the Academy's characteristics would receive in respect of their participation in the specialist schools programme. In the year of conversion, this may continue to be paid by the Local Authority;

  • Living Away From Home Allowance When Employees are to be engaged on a Project requiring them to live away from home, the provisions of Appendix I will apply in determining their entitlement and the conditions whilst they are living away from home.

  • Please see the current Washtenaw Community College catalog for up-to-date program requirements Conditions & Requirements

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