Common use of County Contribution Toward Flexible Benefits Plan Clause in Contracts

County Contribution Toward Flexible Benefits Plan. Insurance premium costs shall be borne by the employee excepting that the County shall make the following contribution toward the Flexible Benefits Plan (which includes health insurance). The employee's insurance premium costs will be reduced by the amount the employee elects to distribute to their insurance premium costs from the County's contribution toward the Flexible Benefits Plan. The County's contribution toward the Flexible Benefits Plan shall be: Effective January 1, 2024: 5% increase Per Month Approximate Annual Employee Only $791.00 $9,492.00 Employee +1 $1,200.00 $14,400.00 Employee +2 or more $1,752.00 $21,024.00 Effective January 1, 2025: 5% increase Per Month Approximate Annual Employee Only $831.00 $9,972.00 Employee +1 $1,260.00 $15,120.00 Employee +2 or more $1,840.00 $22,080.00 Effective January 1, 2026: 5% increase Per Month Approximate Annual Employee Only $873.00 $10,476.00 Employee +1 $1,323.00 $15,876.00 Employee +2 or more $1,932.00 $23,184.00

Appears in 2 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement

AutoNDA by SimpleDocs

County Contribution Toward Flexible Benefits Plan. Insurance premium costs shall be borne by the employee excepting that the County shall make the following contribution toward the Flexible Benefits Plan (which includes health insurance). The employee's insurance premium costs will be reduced by the amount the employee elects to distribute to their insurance premium costs from the County's contribution toward the Flexible Benefits Plan. The County's contribution toward the Flexible Benefits Plan shall be: Effective January 1, 2023: 5% increase PerMonth ApproximateAnnual Employee Only $814.00 $9,768.00 Employee + 1 $1,200.00 $14,400.00 Employee + 2 or More $1,729.00 $20,748.00 Effective January 1, 2024: 5% increase Per Month Approximate Annual PerMonth ApproximateAnnual Employee Only $791.00 855.00 $9,492.00 10,260.00 Employee +1 + 1 $1,200.00 1,260.00 $14,400.00 15,120.00 Employee +2 + 2 or more More $1,752.00 1,815.00 $21,024.00 23,595.00 Effective January 1, 2025: 5% increase Per Month Approximate Annual PerMonth ApproximateAnnual Employee Only $831.00 898.00 $9,972.00 10,776.00 Employee +1 $1,260.00 $15,120.00 Employee +2 or more $1,840.00 $22,080.00 Effective January 1, 2026: 5% increase Per Month Approximate Annual Employee Only $873.00 $10,476.00 Employee +1 + 1 $1,323.00 $15,876.00 Employee +2 + 2 or more More $1,932.00 1,906.00 $23,184.0022,872.00

Appears in 1 contract

Samples: Memorandum of Agreement

County Contribution Toward Flexible Benefits Plan. Insurance premium costs shall be borne by the employee excepting that the County shall make the following contribution per month toward the Flexible Benefits Plan (which includes health insurance). The employee's insurance premium costs will be reduced by the amount the employee elects to distribute to their his or her insurance premium costs from the County's contribution toward towards the Flexible Benefits Plan. The County's contribution toward towards the Flexible Benefits Plan shall be: Effective January 1, 20242014: 5% increase Per Month Approximate Annual Employee Only $791.00 502.00 $9,492.00 6,023.00 Employee +1 + 1 $1,200.00 721.00 $14,400.00 8,652.00 Employee +2 + 2 or more $1,752.00 1,010.00 $21,024.00 12,120.00 Effective January 1, 20252015: 5% increase Employee only, 7% increase for Employee + 1, 9% increase for Employee + 2 or more Per Month Approximate Annual Employee Only $831.00 527.00 $9,972.00 6,324.00 Employee +1 + 1 $1,260.00 771.00 $15,120.00 9,252.00 Employee +2 + 2 or more $1,840.00 1101.00 $22,080.00 Effective January 1, 2026: 5% increase Per Month Approximate Annual Employee Only $873.00 $10,476.00 Employee +1 $1,323.00 $15,876.00 Employee +2 or more $1,932.00 $23,184.0013,212.00

Appears in 1 contract

Samples: Memorandum of Agreement

County Contribution Toward Flexible Benefits Plan. Insurance premium costs shall be borne by the employee excepting that the County shall make the following contribution toward the Flexible Benefits Plan (which includes health insurance). The employee's insurance premium costs will be reduced by the amount the employee elects to distribute to their his or her insurance premium costs from the County's contribution toward the Flexible Benefits Plan. The County's contribution toward the Flexible Benefits Plan shall be: Per Month Approximate Annual Effective January 1, 2023: 5% increase Employee Only $790.00 $9,480.00 Employee + 1 $1,200.00 $14,400.00 Employee + 2 or More $1,746.00 $20,952.00 Per Month Approximate Annual Effective January 1, 2024: 5% increase Employee Only $830.00 $9,960.00 Employee + 1 $1,260.00 $15,120.00 Employee + 2 or More $1,833.00 $21,996.00 Per Month Approximate Annual Employee Only $791.00 $9,492.00 Employee +1 $1,200.00 $14,400.00 Employee +2 or more $1,752.00 $21,024.00 Effective January 1, 2025: 5% increase Per Month Approximate Annual Employee Only $831.00 872.00 $9,972.00 10,464.00 Employee +1 $1,260.00 $15,120.00 Employee +2 or more $1,840.00 $22,080.00 Effective January 1, 2026: 5% increase Per Month Approximate Annual Employee Only $873.00 $10,476.00 Employee +1 + 1 $1,323.00 $15,876.00 Employee +2 + 2 or more More $1,932.00 1,925.00 $23,184.0023,100.00

Appears in 1 contract

Samples: Memorandum of Agreement

County Contribution Toward Flexible Benefits Plan. Insurance premium costs shall be borne by the employee excepting that the County shall make the following contribution toward the Flexible Benefits Plan (which includes health insurance). The employee's insurance premium costs will be reduced by the amount the employee elects to distribute to their insurance premium costs from the County's contribution toward the Flexible Benefits Plan. The County's contribution toward the Flexible Benefits Plan shall be: Effective January 1, 2024: 5% increase Per Month Approximate Annual Employee Only $791.00 906.00 $9,492.00 10,872.00 Employee +1 $1,200.00 1,356.00 $14,400.00 16,272.00 Employee +2 or more $1,752.00 1,928.00 $21,024.00 23,136.00 Effective January 1, 2025: 5% increase Per Month Approximate Annual Employee Only $831.00 951.00 $9,972.00 11,412.00 Employee +1 $1,260.00 1,424.00 $15,120.00 17,088.00 Employee +2 or more $1,840.00 2,024.00 $22,080.00 24,288.00 Effective January 1, 2026: 5% increase Per Month Approximate Annual Employee Only $873.00 999.00 $10,476.00 11,988.00 Employee +1 $1,323.00 1,495.00 $15,876.00 17,940.00 Employee +2 or more $1,932.00 2,125.00 $23,184.0025,500.00

Appears in 1 contract

Samples: Memorandum of Agreement

County Contribution Toward Flexible Benefits Plan. Insurance premium costs shall be borne by the employee excepting that the County shall make the following contribution per month toward the Flexible Benefits Plan (which includes health insurance). The employee's insurance premium costs will be reduced by the amount the employee elects to distribute to their his or her insurance premium costs from the County's contribution toward the Flexible Benefits Plan. The County's contribution toward the Flexible Benefits Plan shall be: Effective January 1October 13, 20242006: 5% increase Per Approximate* Month Approximate Annual Employee Only $791.00 308.00 $9,492.00 3,696.00 Employee +1 + 1 $1,200.00 448.00 $14,400.00 5,376.00 Employee +2 or more More $1,752.00 633.00 $21,024.00 7,596.00 Effective January 1, 20252008: 5% increase Per Approximate* Month Approximate Annual Employee Only $831.00 339.00 $9,972.00 4,068.00 Employee +1 + 1 $1,260.00 493.00 $15,120.00 5,916.00 Employee +2 or more More $1,840.00 696.00 $22,080.00 8,352.00 Effective January 1, 2026: 5% increase 2009 Per Approximate* Month Approximate Annual Employee Only $873.00 373.00 $10,476.00 4,476.00 Employee +1 + 1 $1,323.00 542.00 $15,876.00 6,504.00 Employee +2 or more More $1,932.00 766.00 $23,184.009,192.00

Appears in 1 contract

Samples: Memorandum of Agreement

AutoNDA by SimpleDocs

County Contribution Toward Flexible Benefits Plan. Insurance premium costs shall be borne by the employee excepting that the County shall make the following contribution toward the Flexible Benefits Plan (which includes health insurance). The employee's ’s insurance premium costs will be reduced by the amount the employee elects to distribute to their his or her insurance premium costs from the County's ’s contribution toward the Flexible Benefits Plan. The County's ’s contribution toward the Flexible Benefits Plan shall be: Effective January 1, 20242012: 5% increase Per Month Approximate Annual Employee Only $791.00 401.00 $9,492.00 4812.00 Employee +1 + 1 $1,200.00 597.00 $14,400.00 7,164.00 Employee +2 + 2 or more More $1,752.00 856.00 $21,024.00 10,272.00 Effective January 1, 20252013: 5% increase Per Month Approximate Annual Employee Only $831.00 421.00 $9,972.00 5,052.00 Employee +1 + 1 $1,260.00 627.00 $15,120.00 7,524.00 Employee +2 + 2 or more More $1,840.00 899.00 $22,080.00 Effective January 1, 2026: 5% increase Per Month Approximate Annual Employee Only $873.00 $10,476.00 Employee +1 $1,323.00 $15,876.00 Employee +2 or more $1,932.00 $23,184.0010,788.00

Appears in 1 contract

Samples: Memorandum of Agreement

County Contribution Toward Flexible Benefits Plan. Insurance premium costs shall be borne by the employee excepting that the County shall make the following contribution per month toward the Flexible Benefits Plan (which includes health insurance). The employee's insurance premium costs will be reduced by the amount the employee elects to distribute to their his or her insurance premium costs from the County's contribution toward the Flexible Benefits Plan. The County's contribution toward the Flexible Benefits Plan shall be: Effective January 1, 20242014: 5% increase Increase Per Month Approximate Approximate* Annual Employee Only $791.00 478.00 $9,492.00 5,736.00 Employee +1 + 1 $1,200.00 691.00 $14,400.00 8,292.00 Employee +2 or more More $1,752.00 977.00 $21,024.00 11,724.00 Effective January 1, 20252015: 5% increase Increase for employee Only, 7% Increase for Employee +1, 9% Increase for Employee +2 or More Per Month Approximate Approximate* Annual Employee Only $831.00 502.00 $9,972.00 6,024.00 Employee +1 + 1 $1,260.00 739.00 $15,120.00 8,868.00 Employee +2 or more More $1,840.00 1,065.00 $22,080.00 Effective January 1, 2026: 5% increase Per Month Approximate Annual Employee Only $873.00 $10,476.00 Employee +1 $1,323.00 $15,876.00 Employee +2 or more $1,932.00 $23,184.0012,780.00

Appears in 1 contract

Samples: Memorandum of Agreement

County Contribution Toward Flexible Benefits Plan. Insurance premium costs shall be borne by the employee excepting that the County shall make the following contribution per month toward the Flexible Benefits Plan (which includes health insurance). The employee's insurance premium costs will be reduced by the amount the employee elects to distribute to their insurance premium costs from the County's contribution toward towards the Flexible Benefits Plan. The County's contribution toward towards the Flexible Benefits Plan shall be: Effective January 1, 2024: 5% increase Per Month Approximate Annual Employee Only $791.00 899.00 $9,492.00 10,788.00 Employee +1 + 1 $1,200.00 1,318.00 $14,400.00 15,816.00 Employee +2 + 2 or more $1,752.00 1,876.00 $21,024.00 22,512.00 Effective January 1, 2025: 5% increase Per Month Approximate Annual Employee Only $831.00 944.00 $9,972.00 11,328.00 Employee +1 + 1 $1,260.00 1,384.00 $15,120.00 16,608.00 Employee +2 + 2 or more $1,840.00 1,970.00 $22,080.00 23,640.00 Effective January 1, 2026: 5% increase Per Month Approximate Annual Employee Only $873.00 991.00 $10,476.00 11,892.00 Employee +1 + 1 $1,323.00 1,453.00 $15,876.00 17,436.00 Employee +2 + 2 or more $1,932.00 2,069.00 $23,184.0024,828.00

Appears in 1 contract

Samples: Memorandum of Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!