Dual Spouse Contribution Sample Clauses

Dual Spouse Contribution. Effective September 1, 2022 if both married spouses work full time for the District and both are benefit eligible, the District shall contribute up to two thousand forty-five dollars ($2,045.00) per month of the premium for family coverage; effective September 1, 2023, for benefit eligible enrolled paraeducators, the District shall contribute up to two thousand one hundred forty-five dollars ($2,145.00) per month of the premium for family coverage.
Sample 1Sample 2See All (7)
AutoNDA by SimpleDocs
Dual Spouse Contribution. If both married spouses work full time for the District and both are benefit eligible, the School Board shall contribute up to $2,145.00 (two thousand one hundred forty-five dollars) per month toward the premium for family coverage; effective September 1, 2024, if both married spouses work full time for the District and both are benefit eligible, the School Board shall contribute up to $2,325 (two thousand three hundred twenty-five dollars) per month toward the premium for family coverage.
Sample 1See All (4)
Dual Spouse Contribution. When both married spouses work for the School District full-time and are eligible for insurance coverage and enrolled in the District plan, the District shall contribute up to $1,850.00 / month of the premium cost. Effective September 1, 2020, the District shall contribute up to $1,860.00 / month of the premium cost. Dental: The District shall contribute up to $80.00 /month for Dental Insurance. In addition, the District shall provide District Term Life-Accidental Death and Dismemberment Insurance of $50,000.00, District paid Long Term Disability insur- ance with a maximum monthly benefit for a qualified teacher equal to two-thirds of current annual base salary not including extra service compensation. Teachers who work in assigned positions of more than 1044 hours or more per year but less than 1340 hours per year shall be eligible for a prorated District con- tribution for Health Insurance, Dental Insurance, and Term Life-Accidental Death and Dismemberment Insurance provided the teacher elects to pay the remaining premium and will also be eligible for Long Term Disability Insurance.
Sample 1

Related to Dual Spouse Contribution

  • Survivor Benefit Upon the death of a regular employee who leaves a spouse and/or dependants enrolled in the Medical Services Plan, Dental Plan and Extended Health Benefit Plan, such enrolment may continue for twelve (12) months following the employee’s death, provided the enrolled family members pay the employee’s share of the cost of the premium for the plans. The Employer shall advise the survivor of this benefit.

  • Individual Account An individual account is an account owned by you alone, which you as the account owner use during your lifetime.

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • Contribution Eligibility You are eligible to make a regular contribution to your Xxxx XXX, regardless of your age, if you have compensation and your MAGI is below the maximum threshold. Your Xxxx XXX contribution is not limited by your participation in an employer-sponsored retirement plan, other than a Traditional IRA.

  • 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.

  • Beneficiary Rollovers from Employer-Sponsored Retirement Plans If you are a spouse Beneficiary, nonspouse Beneficiary, or the trustee of an eligible type of trust named as Beneficiary of a deceased employer plan participant, you may directly roll over inherited assets from a qualified retirement plan, 403(a) annuity, 403(b) tax-sheltered annuity, or 457(b) governmental deferred compensation plan to an inherited IRA. The IRA must be maintained as an inherited IRA, subject to the beneficiary distribution requirements.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law.

  • Basic Benefit Effective January 1, 2008, the basic life insurance benefit will be increased from $15,000 to $18,000 for employees. This shall be the default level of life insurance coverage, which shall be provided at no cost to the employee.

  • Retirement Contribution 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. Corrections Firearms Instructor Oil & Hazardous Material Responder I Oil & Hazardous Material Responder II

  • Full Employer Contribution - Basic Eligibility Employees covered by this Agreement who are scheduled to work at least seventy-five (75) percent of the time are eligible for the full Employer Contribution. This means:

Time is Money Join Law Insider Premium to draft better contracts faster.