CORE PLAN Sample Clauses

CORE PLAN. Employees who elect Option A to participate in the County sponsored medical plan will receive the County health benefits flex contribution (as specified below) to be utilized to purchase their selected medical plan and cannot be cashed out. In the event that an employee selects a medical plan that results in an excess County contribution, that excess contribution will be deemed a non-health flex contribution that may be taken as taxable income or applied to pre- tax dental, vision or other alternative approved benefits. Should an employee decline County sponsored medical coverage, such employee will receive a cash-in-lieu payment if the employee complies with the requirements outlined in Option B below. The County will pay to Employee's Flexible Benefit Account the following amounts for employees who election Option A: Employee Only $517.78 Employee Plus One $976.30 Family $1,262.41 The above amounts includes the PEMHCA minimum which is paid outside of the County’s Section 125 plan. Employees, regardless of medical plan participation status, are eligible to enroll in the County’s dental and/or vision programs. Employee contributions for dental and vision will be deducted from employee’s regular payroll on a pre-tax basis. Employees that have elected Option A can also elect to participate in optional benefits. If the employee has any surplus Flexible Benefit Account credits after making all elections required to participate in the health insurance, the employee can use that surplus toward the Flexible Benefit Options listed in the Flexible Benefit Options Exhibit. Employees that wish to participate in the optional benefits in the plan, with the exception of the cash back option, but do not have any surplus credits, can elect to have pre-tax payroll deductions in an amount to cover the cost of their elections. Employees who decline County sponsored medical coverage and elect Option B must provide the following in order to receive the cash-in-lieu:
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CORE PLAN. In addition to the amounts set forth below, the City will pay a PERS Health Contribution of $160/month of the premium for the medical coverage selected through PERS. If the employee elects dental coverage, then the employee must participate in a vision plan option. The City will pay to the Employee’s Flexible Benefit Account the following amounts: JANUARY 1, 2023 Employee only $706.69 Employee plus one (child) $1482.29 Employee plus (spouse) $1466.15 Family $1903.29 Employee only $866.69 Employee plus one (child) $1642.29 Employee plus one (spouse) $1626.15 Family $2063.29 Effective January 1, 2024, and each January 1st thereafter, the City contributions to the Employee Flexible Benefit Account set forth above will be increased by an amount equal to 50% of the increase in the PERS Gold Medical Plan. In addition, the City contributions set forth above will be increased by an amount equal to 50% of the increase in the City’s dental and vision plans at the point of any increase during the term of this Agreement.
CORE PLAN. If you die, the Life Insurance Core Plan pays your beneficiary a benefit equal to your basic annual salary. In addition, AD&D benefits are paid if you die in an accident or lose sight, speech, hearing or limbs. Instead of Core Plan coverage, you may elect either higher or lower levels of life insurance benefits:
CORE PLAN. During the term of this contract the County shall pay the amounts set forth below toward premium for health insurance coverage elected through PERS. These amounts are inclusive of the PERS minimum health contribution. If the employee elects medical coverage, then the employee must participate in a dental plan option and the vision insurance (Core Plan) effective the month following ratification of this agreement. The County will pay to Employee's Flexible Benefit Account the following amounts: Employees that have elected to participate in the "Core Plan" can also elect to participate in optional benefits. If the employee has any surplus Flexible Benefit Account credits after making all elections required to participate in the health insurance, the employee can use that surplus toward the Flexible Benefit Options listed in the Flexible Benefit Options Exhibit. Employees that wish to participate in the optional benefits in the plan, with the exception of the cash back option, but do not have any surplus credits, can elect to have pre-tax payroll deductions in an amount to cover the cost of their elections.
CORE PLAN. In addition to the amounts set forth below, the City will pay a Retirement Health Contribution of $160/month of the premium for the medical coverage selected through NCGTSF. If the employee elects dental coverage, then the employee must participate in a vision plan option. Unit members have elected to pursue medical coverage offered by the Northern California General Teamsters Security Fund (NCGTSF) and to withdraw from PORAC-PERS or PERS Medical Plans, effective January 1, 2019. POA members understand that the Unit is not eligible to return to PORAC-PERS Medical or PERS Medical for a minimum period of (5) five years after leaving PERS. The POA has conducted its own research regarding the plans offered, costs, benefits, solvency, claims process, etc. of the NCGTSF Medical Plan and have satisfied themselves in that regard. The City makes no claims, representations or warranties of any kind regarding the plans offered, cost, benefits, solvency, claims process, etc. of the NCGTSF Medical Plan. The POA understands that NCGTSF is a private entity and in the event of insolvency, there likely will be no government bailout funds available. The POA represents that is has obtained the unanimous consent of all of its current members and eligible annuitants (retirees) to withdraw from PERS. The POA acknowledges and understands that after the Resolution withdrawing from PERS has been submitted all employees, annuitants and COBRA enrollees will lose their eligibility for PERS health benefits. The City will pay to the Employee’s Flexible Benefit Account the following amounts: Employee only $602.54 Employee plus one (child) $1068.18 Employee plus (spouse) $1054.04 Family $ Employee only $762.54 Employee plus one (child) $1228.18 Employee plus one (spouse) $1214.04 Family $ 1536.50 Effective January 1, 2024, and each January 1st thereafter, the City contributions to the Employee Flexible Benefit Account set forth above will be increased by an amount equal to 50% of the increase in the NCGTSF medical plan. In addition, the City contributions set forth above will be increased by an amount equal to 50% of the increase in the City’s dental and vision plans at the point of any increase during the term of this Agreement.
CORE PLAN. For employees hired prior to January 1, 1993, the employer shall pay 100 percent of the monthly cost of the Core Plan health insurance product. For employees hired on or after January 1, 1993, the employer shall contribute 95 percent of the monthly cost of the Core Plan health insurance product. For new employees hired after January 1, 2007, the employer shall contribute 85 percent of the monthly cost of the Core Plan health insurance plan.
CORE PLAN. In addition to the amounts set forth below, the City will pay a PERSHealth Contribution of $160/month of the premium for the medicalcoverage selected through PERS. If the employee elects dental coverage, then the employee must participate in a vision plan option. The City will pay to the Employee’s Flexible Benefit Account the following Amounts: January 2017 January 2018 Employee only: $ 548.60 Employee Only: $ 548.60 Employee plus one: $ 1150.81 Employee plus one: $ 1150.81 Family: $ 1482.67 Family: $ 1482.67 Total City Contribution equal: Total City Contribution equal: Employee only: $ 708.60 Employee only: $ 708.60 Employee plus one: $ 1310.81 Employee plus one: $ 1310.81 Family: $1642.67 Family: $ 1642.67 Effective January 2018, and each January 1st thereafter, the City contributions to the Employee Flexible Benefit Account set forth above will be increased by an amount equal to 50% of the increase in the PERS Select Medical Plan. In addition, the City contributions set forth above will be increased by an amount equal to 50% of the increase in the City's dental and vision plans at the point of any increase during the term of this Agreement.
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CORE PLAN. Employees who elect Option A to participate in the County sponsored medical plan will receive the County health benefits flex contribution (as specified below) to be utilized to purchase their selected medical plan and cannot be cashed out. Should an employee decline County sponsored medical coverage, such employee will receive a cash-in-lieu payment if the employee complies with the requirements outlined in Option B below. Effective the pay period beginning July 23, 2022, the County will pay into each Employee’s Flexible Benefit Account the following amount but no more than 100% of the monthly premium for the Employee’s medical plan: Employee Only $599.82 Employee Plus Children $995.24 Employee Plus Spouse $1,098.82 Employee Plus Family $1,342.00 The above amounts includes the PEMHCA minimum which is paid outside of the County’s Section 125 plan. Employees, regardless of medical plan participation status, are eligible to enroll in the County’s dental and/or vision programs. Employee contributions for dental and vision will be deducted from employee’s regular payroll on a pre-tax basis. Employees that have elected Option A can also elect to participate in optional benefits. If the employee has any surplus Flexible Benefit Account credits after making all elections required to participate in the health insurance, the employee can use that surplus toward the Flexible Benefit Options listed in the Flexible Benefit Options Exhibit. Employees that wish to participate in the optional benefits in the plan, with the exception of the cash back option, but do not have any surplus credits, can elect to have pre-tax payroll deductions in an amount to cover the cost of their elections. Employees who decline County sponsored medical coverage and elect Option B must provide the following in order to receive the cash-in-lieu:

Related to CORE PLAN

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