Declination Payment. i. The District will pay the following amounts to employees eligible for health insurance who, during each open enrollment period, decline health insurance for the subsequent plan year and provide proof of health insurance coverage from a source other than the District: 1. $700 to an employee eligible for a single plan 2. $1,000 to an employee eligible for a 2-person plan ii. One-half of the declination payment will be made in the last pay period in December, and one-half will be paid in the last pay period in May of each year.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Declination Payment. i. The District will pay the following amounts to employees eligible for health insurance who, during each an open enrollment period, decline health insurance for the subsequent health insurance plan year and provide proof of health insurance coverage from a source other than the District:
1. $District health insurance plan: $ 700 to an employee eligible for a single person plan 2. $1,000 to an employee eligible for a 2two-person plan
ii. One-half of the plan $1,400 to an employee eligible for a family plan The declination payment will be made in the last pay period in December, and one-half will be paid two equal installments. One in the last pay period in December and one in the last pay period of May of each contract year.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Declination Payment. i. The District will pay the following amounts to employees eligible for health insurance who, during each an open enrollment period, decline health insurance for the subsequent health insurance plan year and provide proof of health insurance coverage from a source other than the District:
1. $District health insurance plan: $ 700 to an employee eligible for a single person plan 2. $1,000 to an employee eligible for a 2two-person plan $1,400 to an employee eligible for a family plan
ii. One-half of the declination payment will be made in the last pay period in December, and one-half will be paid in the last pay period in May of each year.
Appears in 1 contract
Samples: Collective Bargaining Agreement
Declination Payment. i. The District will pay the following amounts to employees eligible for health insurance who, during each open enrollment period, decline health insurance for the subsequent plan year and provide proof of health insurance coverage from a source other than the District:
1. $700 to an employee eligible for a single plan plan
2. $1,000 to an employee eligible for a 2-person plan
ii. One-half of the declination payment will be made in the last pay period in December, and one-half will be paid in the last pay period in May of each year.
Appears in 1 contract
Samples: Collective Bargaining Agreement