Contribution Towards Cost of Benefits Sample Clauses

Contribution Towards Cost of Benefits. For Benefit Year 2010, the Court will contribute up to the following amounts, not to exceed the total monthly insurance premium costs for an employee's selected plan(s) and level of coverage, towards any of the health, dental and vision plans offered under Blue Shield of California. Employees shall be responsible for all costs in excess of that amount. Employee Only $629.00 Employee + 1 $1106.00 Employee + 2 $1411.00 Beginning June 2013, the Court will contribute up to the following amounts, not to exceed the total monthly insurance premium costs for an employee's selected plan(s) and level of coverage, towards any of the health, dental and vision plans currently offered under Blue Shield of California or insurer(s) offering substantially similar benefits. Employees shall be responsible for all costs in excess of that amount. Employee Only $661.00 Employee + 1 $1,161.00 Employee + 2 $1,481.00 Effective Benefit Year 2007, bargaining unit employees may elect to receive one hundred and twenty five dollars ($125.00) per month cash-in-lieu-of health benefits, provided the employee shows annual proof of alternate health care coverage. Any employee receiving cash-in-lieu-of health benefits must notify the Court in writing within thirty (30) days i f their alternate health care coverage lapses.
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Contribution Towards Cost of Benefits. From October 1, 2011— December 31, 2011 the Court will contribute up to the following amounts per month, not to exceed the total monthly insurance premium costs for an employee's selected plan(s) and level of coverage, towards any of the health, dental, and vision plans offered by the Court. Employees shall be responsible for all costs in excess of that amount. Employee Only $ 629.00 Employee + 1 $ 1106.00 Employee + 2 $ 1411.00 Beginning Benefit Year 2012, the Court will contribute up to the following amounts per month, not to exceed the total monthly insurance premium costs for an employee's selected plan(s) and level of coverage, towards any of the health, dental, and vision plans offered by the Court. Employees shall be responsible for all costs in excess of that amount. Employee Only $661.00 Employee + 1 $ 1161.00 Employee + 2 $ 1481.00 Bargaining unit employees may elect to receive one hundred and twenty five dollars ($125.00) per month cash-in-lieu-of health benefits, provided the employee shows annual proof of alternate health care coverage. Any employee receiving cash-in-lieu-of health benefits must notify the Court in writing within thirty (30) days i f their alternate health care coverage lapses.
Contribution Towards Cost of Benefits. For Benefit Year 2007, the Court wil l contribute up to the following amounts, not to exceed the total monthly insurance premium costs for an employee's selected plan(s) and level of coverage, towards any of the health, dental and vision plans offered under the AOC sponsored Trial Court Employee Benefit plans. Employees shall be responsible for all costs in excess of that amount. Employee Only $ 527.00 Employee + 1 $ 928.00 Employee + 2 $ 1185.00 For Benefit Year 2008, the Court wil l contribute up to the following amounts, not to exceed the total monthly insurance premium costs for an employee's selected plan(s) and level of coverage, towards any of the health, dental and vision plans offered under the AOC sponsored Trial Court Employee Benefit plans. Employees shall be responsible for all costs in excess of that amount. Employee Only $ 559.00 Employee + 1 $ 984.00 Employee + 2 $ 1256.00 For Benefit Year 2009, the Court wil l contribute up to the following amounts, not to exceed the total monthly insurance premium costs for an employee's selected plan(s) and level of coverage, towards any of the health, dental and vision plans offered under the AOC sponsored Trial Court Employee Benefit plans. Employees shall be responsible for all costs in excess of that amount. Employee Only $ 593.00 Employee + 1 $ 1043.00 Employee + 2 $ 1331.00 For Benefit Year 2010, the Court wil l contribute up to the following amounts, not to exceed the total monthly insurance premium costs for an employee's selected plan(s) and level of coverage, towards any of the health, dental and vision plans offered under the AOC sponsored Trial Court Employee Benefit plans. Employees shall be responsible for all costs in excess of that amount. Employee Only $ 629.00 Employee + 1 $ 1106.00 Employee + 2 $ 1411.00 Effective Benefit Year 2007, bargaining unit employees may elect to receive one hundred and twenty five dollars ($125.00) per month cash-in-lieu-of health benefits, provided the employee shows annual proof of alternate health care coverage. Any employee receiving cash-in-lieu-of health benefits must notify the Court in writing within thirty (30) days i f their alternate health care coverage lapses.

Related to Contribution Towards Cost of Benefits

  • Payment of Benefit The Company shall pay the annual benefit to the Executive in 12 equal monthly installments commencing with the month following the Executive’s Normal Retirement Date, paying the annual benefit to the Executive for a period of 15 years.

  • Distribution of Benefits Members of this unit with at least one year of the service to the District may apply for a number of days consistent with a one-for-one match of their individual sick leave accumulation as of the end of the previous contract year brought forward to the year of the onset of disability. The combined benefit of accumulated personal sick leave and disability bank leave may not exceed one hundred-eighty days and may carry over from one contract year to another. Employees with less than one full year of service in the District will not be require to contribute one of their individual accumulated sick leave days to the disability bank. The Board reviews the right to request re-application and documentation from anyone requesting more than forty (40) days from the pool. Any benefits will be minus other insurance coverage (i.e. worker’s compensation, social security, etc.).

  • Payment of Benefits All or part of the contract benefits may be paid under one or more of the following: - a variable payment plan; - a fixed payment plan; or - in cash. The provisions and rate for variable and fixed payment plans are described in Section 11. Contract benefits may not be placed under a payment plan unless the plan would provide to each beneficiary a monthly income the initial amount of which is at least the minimum payment amount shown on page 4. A Withdrawal Charge will be deducted from contract benefits before their payment under certain conditions described in Section 7.3.

  • Distribution of Benefit The Bank shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following Separation from Service. The annual benefit shall be distributed to the Executive for fifteen (15) years.

  • Reduction of Severance Benefits If any payment or benefit that the Executive would receive from any Company Group member or any other party whether in connection with the provisions in this Agreement or otherwise (the “Payment”) would (i) constitute a “parachute payment” within the meaning of Section 280G of the Code and (ii) but for this sentence, be subject to the excise tax imposed by Section 4999 of the Code (the “Excise Tax”), then the Payment will be equal to the Best Results Amount. The “Best Results Amount” will be either (x) the full amount of the Payment or (y) a lesser amount that would result in no portion of the Payment being subject to the Excise Tax, whichever of those amounts, taking into account the applicable federal, state and local employment taxes, income taxes and the Excise Tax, results in the Executive’s receipt, on an after-tax basis, of the greater amount. If a reduction in payments or benefits constituting parachute payments is necessary so that the Payment equals the Best Results Amount, reduction will occur in the following order: (A) reduction of cash payments in reverse chronological order (that is, the cash payment owed on the latest date following the occurrence of the event triggering the Excise Tax will be the first cash payment to be reduced); (B) cancellation of equity awards that were granted “contingent on a change in ownership or control” within the meaning of Section 280G of the Code in the reverse order of date of grant of the awards (that is, the most recently granted equity awards will be cancelled first); (C) reduction of the accelerated vesting of equity awards in the reverse order of date of grant of the awards (that is, the vesting of the most recently granted equity awards will be cancelled first); and (D) reduction of employee benefits in reverse chronological order (that is, the benefit owed on the latest date following the occurrence of the event triggering the Excise Tax will be the first benefit to be reduced). In no event will the Executive have any discretion with respect to the ordering of Payment reductions. The Executive will be solely responsible for the payment of all personal tax liability that is incurred as a result of the payments and benefits received under this Agreement, and the Executive will not be reimbursed, indemnified, or held harmless by any member of the Company Group for any of those payments of personal tax liability.

  • Commencement of Benefits The benefits commence six (6) months from the date that disability began, which shall include the period of payment under the terms of the Short Term Income Protection Plan. Proof of disability must be submitted within six (6) months following the Qualifying Period.

  • Calculation of Benefits Immediately following delivery of any Notice of Termination, the Company shall notify the Executive of the aggregate present value of all termination benefits to which he would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date of Termination, together with the projected maximum payments, determined as of such projected Date of Termination that could be paid without the Executive being subject to the Excise Tax.

  • Death During Distribution of a Benefit If the Executive dies after any benefit distributions have commenced under this Agreement but before receiving all such distributions, the Bank shall distribute to the Beneficiary the remaining benefits at the same time and in the same amounts they would have been distributed to the Executive had the Executive survived.

  • Loss of Benefits Employees who are separated from the service by a discharge under other than honorable conditions, bad conduct, or dishonorable discharge shall not be entitled to any of the benefits of Section 3 through Section 9 of the Article (relating to military leaves without pay) except such vested rights as they may have acquired thereto by virtue of payments made into their retirement accounts.

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.

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