County Contribution Towards Flexible Benefits Plan. Insurance premium costs shall be borne by the employee excepting that the County shall make the following contribution towards 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 towards the Flexible Benefits Plan. The County's contribution towards 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
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Samples: Memorandum of Agreement, Memorandum of Agreement, Memorandum of Agreement
County Contribution Towards Flexible Benefits Plan. Insurance premium costs shall be borne by the employee excepting that the County shall make the following contribution towards 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 towards the Flexible Benefits Plan. The County's contribution towards the Flexible Benefits Plan shall be: Effective January 1, 20242018: 57% Increase Per Month Approximate Annual Employee Only $592.00 $7,104.00 Employee + 1 $872.00 $10,464.00 Employee +2 or More $1,256.00 $15,072.00 Effective January 1, 2019: 7% increase Per Month Approximate Annual Employee Only $791.00 633.00 $9,492.00 7,596.00 Employee + 1 $1,200.00 933.00 $14,400.00 11,196.00 Employee + 2 or more $1,752.00 1,344.00 $21,024.00 16,128.00 Effective January 1, 20252020: 57% increase Per Month Approximate Annual Employee Only $831.00 677.00 $9,972.00 8,124.00 Employee + 1 $1,260.00 998.00 $15,120.00 11,976.00 Employee + 2 or more $1,840.00 1,438.00 $22,080.00 17,256.00 Effective January 1, 20262021: 57% increase Per Month Approximate Annual Employee Only $873.00 724.00 $10,476.00 8,688.00 Employee + 1 $1,323.00 1,068.00 $15,876.00 12,816.00 Employee + 2 or more $1,932.00 1,539.00 $23,184.0018,468.00 Effective January 1, 2022: 7% increase Per Month Approximate Annual Employee Only $775.00 $9,300.00 Employee + 1 $1,143.00 $13,716.00 Employee + 2 or more $1,647.00 $19,764.00
Appears in 1 contract
Samples: Memorandum of Agreement