District Payment Clause Samples
The District Payment clause outlines the obligations and procedures for payments made by a district, typically in the context of a contract with a vendor or service provider. It specifies when and how the district will remit payment, such as upon receipt of an invoice or after completion of certain milestones, and may detail acceptable payment methods or timelines. This clause ensures that both parties have a clear understanding of payment expectations, reducing the risk of disputes and facilitating smooth financial transactions.
District Payment. For the 2017-2018 school year, each full time teacher who chooses to participate in the District’s Health Insurance Plan shall receive, as part of Total District Compensation, $141.66 per month of each individual full-time teacher’s health insurance premium. Any excess monies over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits through the District’s Section 125 Cafeteria Plan or may be taken as taxable compensation. Teachers who choose not to participate in the District’s Health Insurance Plan shall receive the monthly amount of $141.66, which may be applied to the District’s Section 125 Cafeteria Plan or may be taken as taxable compensation. Part-time teachers shall receive the appropriate prorated amounts of the above payments (see note 1 – Base Salary Schedule).
District Payment. For the 2019-2020 school year, the Board shall pay, as part of Total District Compensation, thirty nine dollars and twelve cents ($39.12) per month of the individual dental insurance for each support employee who is under contract to work six (6) or more hours per day at least one-hundred and seventy-two (172) days per year and participates in the District’s Health and Dental Plan. The employees who enrolled in the District’s Dental Plan only on or before July 1, 2002, have had continuous enrollment to date, and continue their enrollment in the dental plan through the current school year will continue to receive this benefit. If the insurance premium rate changes in January, 2020, support employees covered under this paragraph will receive the monthly amount of compensation for dental insurance to reflect the rate change. For the 2019-2020 school year those employees who have received payment of thirty-eight dollars and thirteen cents ($38.13) per month due to the passage of Senate Bill 1003 in the year 2002, and have had continuous full-time employment with ▇▇▇▇▇▇▇▇▇ Public Schools will continue to receive this payment through the current school year.
District Payment. Beginning with the 2004-2005 school year, each certified teacher who does not participate in the District’s Health Plan shall receive one hundred ten dollars ($110.00) per month in the form of a district flexible benefit allowance (DFBA). The district will apply the DFBA toward any allowable District Section 125 Cafeteria Plan, or the employee may elect to receive the DFBA in cash through the form of their regular monthly paycheck. Teachers whose employment is terminated during the school year shall have no right to receive any cash compensation for the portion of the school year after the teacher’s termination.
District Payment. The Board shall pay full cost of an individual policy (Section A) and one hundred (100%) percent of dependent major medical coverage which includes one hundred ($100) dollars per person or two hundred ($200) dollars per family deductible on a family plan policy. The Board shall also pay seventy-five (75%) percent of the difference between the individual and family cost of the Chautauqua County School Districts Medical Benefits Plan coverage for those on the family plan. The cost of dependent life insurance is optional to the employee.