Common use of Creation of Benefit Pool and Allowed Amount Clause in Contracts

Creation of Benefit Pool and Allowed Amount. An insurance benefit pool shall be created by taking the total FTE number of employees in the bargaining unit as of October 1st of the school year times the monthly State support amount times twelve (12). The State support amount shall be supplemented by a District contribution equal to seventy-five dollars ($75) per month per FTE number of employees in the bargaining unit as of October 1. The monthly State-support amount as supplemented by the District‘s contribution shall be the "allowed amount" as used in paragraph C below.

Creation of Benefit Pool and Allowed Amount. An insurance benefit pool shall be created by taking the total FTE number of employees in the bargaining unit as of October 1st of the school year times the monthly State support amount times twelve (12). The State support amount shall be supplemented by a District contribution equal to seventy-five dollars ($7535) per month per FTE number of employees in the bargaining unit as of October 1. The monthly State-support amount as supplemented by the District‘s District’s contribution shall be the "allowed amount" as used in paragraph C below.

Creation of Benefit Pool and Allowed Amount. An insurance benefit pool shall be created by taking the total FTE number of employees in the bargaining unit as of October 1st 1 of the school year times the monthly State support amount times twelve (12). The State support amount shall be supplemented by a District contribution equal to seventy-five dollars ($75) 60 per month per FTE number of employees in the bargaining unit as of October 1. This contribution shall be increased to $65 per month for 2009-10 and $70 per month for 2010-11. The monthly State-support amount as supplemented by the District‘s contribution above amounts shall be the "allowed amount" as used in paragraph C below.

Creation of Benefit Pool and Allowed Amount. An insurance benefit pool shall be created by taking the total FTE number of employees in the bargaining unit as of October 1st of the school year times the monthly State support amount times twelve (12). The State support amount shall be supplemented by a District contribution equal to seventy-five dollars ($75) per month per FTE number of employees in the bargaining unit as of October 1. The monthly State-support amount as supplemented by the District‘s District’s contribution shall be the "allowed amount" as used in paragraph C below.