Determination of Monthly Premium. In the implementation of the foregoing, the Treasurer shall annually determine the annual premium cost to be payable by each Professional Staff Member and withhold sufficient sums from the compensation payable to such Professional Staff Member during the period such Professional Staff Member receives payroll checks to cover that portion of the premium due from the Professional Staff Member during months when the Professional Staff Member is not receiving payroll checks (e.g. during the summer months when school is not in session).
Appears in 6 contracts
Samples: Master Contract, Master Contract, Master Contract
