Deferred income plan. Short-term disability for the employee. Each eligible employee is required to participate in the core plan. Any contribution by the employee shall be by payroll deduction. County contribution to the core plan per month per eligible participant for 2023 is $1070.00. County contribution to the core plan per month per eligible participant for the year 2024 shall be maintained at the year 2023 level plus 50% of any cost increase or decrease to the total plan (i.e., core, electives, administration, reinsurance) per year. County contribution to the core plan per month per eligible participant for the year 2025 shall be maintained at the year 2024 level plus 50% of any cost increase or decrease to the total plan (i.e., core, electives, administration, reinsurance) per year. County, unions, non-union, and retirees will continue to meet and confer through an established insurance committee to make recommendations to the County Board for core or elective plan benefit changes, (Study issue – retiree health plans). County contributions will not be made to any plan other than the Cass County cafeteria plan or the Cass County retiree plan. All employees meeting the Cass County cafeteria plan enrollment criteria are members of the plan and shall receive the core benefits. Any county contribution in excess of the core plan cost may be applied to the Cass County plan electives. New employees shall be eligible for coverage in the insurance programs the first day of the month following initial employment, or as otherwise provided by the Cass County cafeteria, or Cass County retiree plan rules, and the Employer contribution toward the cost of such insurance shall commence the first day of the month following initial employment in a permanent position.
Deferred income plan. The parties agree to put into place a plan for all Employees that will provide Employees the option of deferring a portion of their income for a continuous three (3) year period and in the fourth (4th) year to take one (1) year or six (6) continuous months off, or three (3) consecutive months for the purpose of education. The terms of the Plan are set out as follows: The parties agree as follows:
(a) This Plan applies to regular Employees in the Provincial and Regional Offices.
(b) The purpose of this language is to vary and clarify certain terms of the Collective Agreement in order to introduce the Deferred Income Plan:
1. No Employee will receive benefits superior to those negotiated in the Collective Agreement for their category and status because of the enrollment into the Deferred Income Plan;
2. All health and other benefits including, but not limited to: sick leave, vacation leave, clothing allowance, telephone allowance, and transportation allowance shall be suspended for the period that the Employee is off work pursuant to this Plan;
3. Employees shall have the option of maintaining their Medical, Dental, Extended Health and Long-Term Disability benefits for the period off work by reimbursing to the Employer the full cost of the premium of these benefits.
4. Time off under this Plan shall be credited to the Employee’s continuous service.
(c) Employees wishing to enroll in the Deferred Income Plan will apply in writing a minimum of two (2) months before enrollment stating the percentage of their wages they wish to have deferred and the percentage they wish to have paid.
(d) For three (3) years, the Employees who have been granted enrollment shall be paid a percentage of their wages set out above. At the end of three (3) years, eligible Employees shall be paid their entitlement of the monies in the Deferred Income Plan fund in three (3) or six (6) or twelve (12) equal installments.
(e) While the Fund shall be at no cost to the Employer, the Employer agrees that the Plan can be administered and maintained in-house and the Employer will absorb the cost of its staff and overhead, but not bank charges or accounting fees, incurred in providing this service. In the event that the administration of the Plan is in dispute, the parties will hire a mutually agreed to outside consultant to maintain and administer the Plan and the cost of such consultant will be borne by the Plan.
(f) The Fund shall be administered by a representative of PEA-HESU Chapter and ...
Deferred income plan. In the event of (a) a Qualified Termination following a Change in Control, (b) an involuntary termination of the Executive by the Company without Cause or (c) a termination by the Executive for Good Reason, any otherwise unvested premium payable by the Company with respect to any deferred income under the Deferred Income Plan shall be fully vested as of such date.
Deferred income plan. The parties agree to put into place a plan for all employees that will provide employees the option of deferring a portion of their income for a continuous three
Deferred income plan. Short term disability for the employee Each eligible employee is required to participate in the core plan. Any contribution by the employee shall be by payroll deduction. County contribution to the core plan per month per eligible participant for 2020 is $1,045.00 County contribution to the core plan per month per eligible participant for the year 2021 shall be maintained at the year 2020 level plus 50% of any cost increase or decrease to the total plan (i.e., core, electives, administration, reinsurance) per year. County, unions, non-union, and retirees will continue to meet and confer through an established insurance committee to make recommendations to the County Board for core or elective plan benefit changes, (Study issue retiree health plans). County contributions will not be made to any plan other than the Cass County cafeteria plan or the Cass County retiree plan. All employees meeting the Cass County cafeteria plan enrollment criteria are members of the plan and shall receive the core benefits. Any county contribution in excess of the core plan cost may be applied to the Cass County plan electives. New employees shall be eligible for coverage in the insurance programs the first day of the month following initial employment, or as otherwise provided by the Cass County cafeteria , or Cass County retiree plan rules, and the Employer contribution toward the cost of such insurance shall commence the first day of the month following initial employment in a permanent position. For purposes of insurance coverage, an employee shall not be eligible unless employed in a permanent position an average of twenty (20) hours per week. Part-time permanent employee insurance benefits, under this Appendix, will be provided on a pro-rata basis in accordance with Article 28. An employee who is temporarily laid off or who is on an unpaid leave of absence of more than thirty (30) calendar days may continue insurance coverages by paying the premium amount therefor, during the period of layoff or leave of absence without pay. Such employee need not re-establish eligibility upon returning to work. For leaves of absence of less than thirty (30) calendar days the Employer contributions shall continue without change.
Deferred income plan. The parties acknowledge that they have negotiated concerning retirement and deferred income plans and have agreed to modify that participation in a Section 401(k) plan offered by the Company will be made available in accordance with the following contribution schedule: Employees may contribute in accordance with Plan rules and regulations. The employer agrees to provide matching contributions in the total amount of 3% annually during the term of this Agreement for employees who choose to contribute.
Deferred income plan. 18 32. SALARIES..................................................................18 MINIMUM WEEKLY ENTRY LEVEL SALARIES FOR NEW EMPLOYEES (HIRED AFTER JANUARY 29, 1996)................................18
Deferred income plan. All members of this unit shall have the option of participating in a deferred income plan as authorized by the Board of Education. It is understood by the parties of this Agreement that the Board of Education does not endorse, underwrite or sponsor and deferred income plan.
Deferred income plan. The parties agree as follows:
Deferred income plan. The parties agree to put into place a plan for all employees that will provide employees the option of deferring a portion of their income for a continuous three (3) year period and in the fourth year to take six (6) continuous months off, or three
