District Contribution Level Sample Clauses

District Contribution Level. 5.3.1 The District shall for each school year contribute $4,250,000 toward the total cost of health (medical, dental and vision insurance) benefits for currently enrolled unit members. Starting January 1, 2017, the cost of vision insurance for eligible unit members shall not be included in the $4,250,000 cap. The $4,250,000 cap does not include additional District costs for unit members electing cash in lieu of benefits (section 5.3.4) or costs for retiree benefit contributions (section 5.4). 5.3.2 If the amount necessary to continue health (medical, dental and vision insurance) benefits for bargaining unit employees exceeds the $4,250,000 amount expended by the District, the remaining excessive amount beyond $4,250,000 will be spread among the unit members. The unit member contribution for health benefit premiums shall be provided by the Association to the District no later than December 15th. If health benefit premium rates have not been submitted by December 15th the prior year allocation method shall remain in effect for the school year. Any out-of-pocket cost for health benefits for eligible unit members shall be paid by payroll deduction. If rebates from insurance companies are provided to the District then the Association will receive their proportional share of such rebates. 5.3.3 Only the Association can file a grievance relating to or challenging the District’s implementation of payroll deductions pursuant to this Agreement. 5.3.4 The District shall make a cash in lieu payment of $180 per month (10 month pay) or $150 per month (12 month pay) for those members not participating in the District CalPers medical plan. 5.3.5 The District shall make available participation in a Section 125 Plan to the unit members. The following articles (5.3 and all sub articles shall go in effect starting January 1, 2018.
Sample 1
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District Contribution Level. 5.3.1 The District shall for each school year contribute $4,250,000 toward the total cost of health (medical, dental and vision insurance) benefits for currently enrolled unit members. Starting January 1, 2017, the cost of vision insurance for eligible unit members shall not be included in the $4,250,000 cap. The $4,250,000 cap does not include additional District costs for unit members electing cash in lieu of benefits (section 5.3.4) or costs for retiree benefit contributions (section 5.4).
Sample 1
District Contribution Level. 5.3.1 The District shall contribute a monthly amount towards medical benefits. 5.3.1.1 Eligible unit members shall receive $775 per month (per twelve (12) months of coverage) towards medical benefits. 5.3.1.2 From January 1, 2018 to December 31, 2018, the out-of-pocket costs for eligible unit members for the following medical plans shall be: United Health Care Bay Single Subscriber (12 month): $288.28 United Health Care Bay Single Subscriber + 1 (12 month): $1660.12 United Health Care Bay Single Subscriber + 2 (12 month): $2483.22 Anthem HMO Traditional Sac Single Subscriber (12 month): $221.62 Anthem HMO Traditional Sac Single Subscriber + 1 (12 month): $1276.24 Anthem HMO Traditional Sac Single Subscriber + 2 (12 month): $1909.01 5.3.2 if a unit member’s medical benefit choice costs less than the individual cap in Article 5.3.1, then that premium is the individual cap for that unit member. If a unit member’s medical benefit choice costs more than the individual cap in Article 5.3.1, then the unit member shall pay the amount over the cost. Any out-of-pocket cost for medical benefits for eligible unit members shall be paid by payroll deduction. If rebates from insurance companies are provided to the District then the District and Association shall meet and bargain the use of the rebates. 5.3.3 The District shall provide dental insurance coverage, at no cost, to all eligible unit members and their dependents. 5.3.4 The District shall provide vision insurance coverage, at no cost, to all eligible unit members and their dependents. 5.3.5 The District shall make a cash in lieu payment of $180 per month (10 month pay) or $150 per month (12 month pay) for those eligible members not participating in the District CalPERS medical plans. 5.3.6 The District shall make available participation in a Section 125 Plan to the unit members.
Sample 1
District Contribution Level. 5.3.1 The District shall contribute a monthly amount towards medical benefits. 5.3.1.1 Eligible unit members shall receive $914 per month (per twelve (12) months of coverage) towards medical benefits. Starting January 1, 2024, eligible unit members shall receive the equivalent of the Kaiser Single Subscriber medical plan cost (per twelve (12) months of coverage) toward medical benefits. 5.3.2 if a unit member’s medical benefit choice costs less than the individual cap in Article 5.3.1, then that premium is the individual cap for that unit member. If a unit member’s medical benefit choice costs more than the individual cap in Article 5.3.1, then the unit member shall pay the amount over the cost. Any out-of-pocket cost for medical benefits for eligible unit members shall be paid by payroll deduction. If rebates from insurance companies are provided to the District then the District and Association shall meet and bargain the use of the rebates. 5.3.3 The District shall provide dental insurance coverage, at no cost, to all eligible unit members and their dependents. 5.3.4 The District shall provide vision insurance coverage, at no cost, to all eligible unit members and their dependents. The District will cease to reimburse unit members for vision office visit copayments beginning July 1, 2021. 5.3.5 The District shall make a cash in lieu payment of $180 per month (10 month pay) or $150 per month (12 month pay) for those eligible members not participating in the District CalPERS medical plans. 5.3.6 The District shall make available participation in a Section 125 Plan to the unit members.
Sample 1
District Contribution Level. 5.3.1 Effective 2005-2006, the District shall for each school year contribute $4,250,000 toward the total cost of health (medical, dental and vision insurance) benefits for currently enrolled unit members. This amount does not include additional District costs for unit members electing cash in lieu of benefits (section 5.3.4) or costs for retiree benefit contributions (section 5.4) 5.3.2 If the amount necessary to continue health (medical, dental and vision insurance) benefits for bargaining unit employees exceeds the $4,250,000 amount expended by the District, the remaining excessive amount beyond $4,250,000 will be spread among the unit members. The unit member contribution for health benefit premiums shall be provided by the Association to the District no later than December 15th. If health benefit premium rates have not been submitted by December 15th the prior year allocation method shall remain in effect for the school year. Any out-of-pocket cost for health benefits for eligible unit members shall be paid by payroll deduction. If rebates from insurance companies are provided to the District then the Association will receive their proportional share of such rebates. 5.3.3 Only the Association can file a grievance relating to or challenging the District’s implementation of payroll deductions pursuant to this Agreement. 5.3.4 The District shall make a cash in lieu payment of $180 per month (10 month pay) or $150 per month (12 month pay) for those members not participating in the District CalPers medical plan. 5.3.5 The District shall make available participation in a Section 125 Plan to the unit members.
Sample 1
District Contribution Level. 5.3.1 The District shall contribute a monthly amount towards medical benefits. 5.3.1.1 Eligible unit members shall receive $775 per month (per twelve (12) months of coverage) towards medical benefits. Starting January 1, 2021, eligible unit members shall receive $814 per month (per twelve (12) months of coverage) towards medical benefits. Starting January 1, 2022, eligible unit members shall receive $855 per month (per twelve (12) months of coverage) towards medical benefits. 5.3.2 if a unit member’s medical benefit choice costs less than the individual cap in Article 5.3.1, then that premium is the individual cap for that unit member. If a unit member’s medical benefit choice costs more than the individual cap in Article 5.3.1, then the unit member shall pay the amount over the cost. Any out-of-pocket cost for medical benefits for eligible unit members shall be paid by payroll deduction. If rebates from insurance companies are provided to the District then the District and Association shall meet and bargain the use of the rebates. 5.3.3 The District shall provide dental insurance coverage, at no cost, to all eligible unit members and their dependents. 5.3.4 The District shall provide vision insurance coverage, at no cost, to all eligible unit members and their dependents. The District will cease to reimburse unit members for vision office visit copayments beginning July 1, 2021. 5.3.5 The District shall make a cash in lieu payment of $180 per month (10 month pay) or $150 per month (12 month pay) for those eligible members not participating in the District CalPERS medical plans. 5.3.6 The District shall make available participation in a Section 125 Plan to the unit members.
Sample 1

Related to District Contribution Level

  • District Contribution Effective January 1, 2019:

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.

  • Pension Contributions While on leave pursuant to Section B. of this Article, an employee may make contributions to the appropriate State pension system and will receive service credit for the time the employee is on unpaid leave.

  • Retirement Contribution 1. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay its cost of the 6.5% or 7.5% retirement contribution for employees in the bargaining unit who are covered under special Law Enforcement retirement plans. 2. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay the cost of the 6.5% or 7.5% retirement contribution for employees in the following classifications.

  • Contribution Allocation The Advisory Committee will allocate deferral contributions, matching contributions, qualified nonelective contributions and nonelective contributions in accordance with Section 14.06 and the elections under this Adoption Agreement Section 3.04. PART I. [OPTIONS (a) THROUGH (d)].

  • Benefit Level The primary care clinics available through each plan administrator are assigned a Benefit Level. The Benefit Levels are outlined in the benefit chart below. Primary care clinics may be in different Benefit Levels for different plan administrators. Family members may be enrolled in clinics that are in different Benefits Levels. Employees and their dependents may change to clinics in different Benefit Levels during the annual open enrollment. Employees and their dependents may also elect to move to a clinic in a different Benefit Level within the same plan administrator up to two (2) additional times during the plan year. Unless the individual has a referral from his/her primary care clinic, there are no benefits for services received from providers in Benefit Levels that are different from that of the primary care clinic in which the individual has enrolled.

  • Economic Benefit The Bank shall determine the economic benefit attributable to the Executive based on the life insurance premium factor for the Executive’s age multiplied by the aggregate death benefit payable to the Beneficiary. The “life insurance premium factor” is the minimum factor applicable under guidance published pursuant to Treasury Reg. § 1.61-22(d)(3)(ii) or any subsequent authority.

  • Tax Credit for Contributions You may be eligible to receive a tax credit for your IRA contributions. This credit will be allowed in addition to any tax deduction that may apply, and may not exceed $1,000 in a given year. You may be eligible for this tax credit if you are • age 18 or older as of the close of the taxable year, • not a dependent of another taxpayer, and • not a full-time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent of eligible contributions. In order to determine the amount of your contributions, add all of the contributions made to your IRA and reduce these contributions by any distributions that you have taken during the testing period. The testing period begins two years prior to the year for which the credit is sought and ends on the tax return due date (including extensions) for the year for which the credit is sought. In order to determine your tax credit, multiply the applicable percentage from the chart below by the amount of your contributions that do not exceed $2,000. *Adjusted gross income (AGI) includes foreign earned income and income from Guam, America Samoa, North Mariana Islands, and Puerto Rico. AGI limits are subject to cost-of-living adjustments each year.

  • Retirement Contributions On behalf of employees, the State will continue to “pick up” the six percent (6%) employee contribution, payable pursuant to law. The parties acknowledge that various challenges have been filed that contest the lawfulness, including the constitutionality, of various aspects of PERS reform legislation enacted by the 2003 Legislative Assembly, including Chapters 67 (HB 2003) and 68 (HB 2004) of Oregon Laws 2003 (“PERS Litigation”). Nothing in this Agreement shall constitute a waiver of any party’s rights, claims or defenses with respect to the PERS Litigation.

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

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