Common use of Compensation in Lieu of Health Insurance Clause in Contracts

Compensation in Lieu of Health Insurance. The school Districts or Supervisory Union shall pay an annual sum of $2,000 to any Employee who chooses not to participate in the medical insurance coverage for the plan specified in the contract. This provision will not apply when the Employee’s spouse or civil union partner is an Employee of the school District or Supervisory Union and the Employee is eligible to participate in the medical insurance as a dependent. Employees who elect this option will be entitled to two equal lump sum payments. These payments will be in the first regular payroll payment in the months of September and April. A request for this option shall be made in writing before August 15th. Any Employee electing this option shall provide satisfactory proof of enrollment in another group health insurance program for both the Employee and the Employee’s dependents.

Appears in 3 contracts

Samples: www.cvsu.org, www.cvsu.org, www.cvsu.org

AutoNDA by SimpleDocs

Compensation in Lieu of Health Insurance. The school School Districts or Supervisory Union shall pay an annual sum of $2,000 to any Employee who chooses not to participate in the medical insurance coverage for the plan specified in the contract. This provision will not apply when the Employee’s spouse or civil union partner is an Employee of the school any School District or Supervisory Union covered by the terms of Appendix E and the Employee is eligible to participate in the medical insurance as a dependentplan. Employees who elect this option will be entitled to two equal lump sum payments. These payments will be in the first regular payroll payment in the months of September and April. A request for this option shall be made in writing before August 15th. Any Employee electing this option shall provide satisfactory proof of enrollment in another group health insurance program other than the health insurance program established under Appendix E for both the Employee and the Employee’s dependents.

Appears in 1 contract

Samples: www.cvsu.org

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.