Common use of Employee Benefit Allowance Clause in Contracts

Employee Benefit Allowance. Bargaining unit members who are eligible but who do not participate in the health insurance plan shall receive an Employee Benefit Allowance in the amount of $3000 in lieu of the employee’s annual District-paid health insurance premium. During health insurance annual election, any employee eligible for district-paid health insurance benefits can decline the individual single-subscriber health insurance and instead choose an Employee Benefit Allowance. Employees must show proof of enrollment in a separate health insurance program providing “minimal essential coverage” to be able to decline the School District sponsored insurance and receive the Employee Benefit Allowance. A waiver form must be signed each year prior to the Annual Open Enrollment deadline date that the insurance coverage will be declined (rejoining at a later date could require a waiting period before pre-existing conditions would be covered). Those employees hired after the start of the school year will receive an Employee Benefit Allowance prorated from the date of hire. Details and forms are available in the District Insurance and Business offices. Any pension or tax liability resulting from this benefit package will be the obligation of the employee.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Employee Benefit Allowance. Bargaining unit members who are eligible but who do not participate in the health insurance plan shall receive an Employee Benefit Allowance in the amount of $3000 2500, in lieu of the employee’s annual District-paid health insurance premium. During health insurance annual election, any employee eligible for district-paid health insurance benefits can decline the individual single-subscriber health insurance and instead choose an Employee Benefit Allowance. Employees must show proof of enrollment in a separate health insurance program providing “minimal minimum essential coverage” to be able to decline the School District sponsored insurance and receive the Employee Benefit Allowance. A waiver form must be signed each year prior to the Annual Open Enrollment deadline date that the insurance coverage will be declined (rejoining at a later date could require a waiting period before pre-existing conditions would be covered). Those employees hired after the start of the school year will receive an Employee Benefit Allowance prorated from the date of hire. Details and forms are available in the District Insurance and Business offices. Any pension or tax liability resulting from this benefit package will be the obligation of the employee.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Employee Benefit Allowance. Bargaining unit members who are eligible but who do not participate in the health insurance plan shall receive an Employee Benefit Allowance in the amount of $3000 in 2500, lieu of the employee’s annual District-paid health insurance premium. During health insurance annual election, any employee eligible for district-paid health insurance benefits can decline the individual single-subscriber health insurance and instead choose an Employee Benefit Allowance. Employees must show proof of enrollment in a separate health insurance program providing “minimal essential coverage” to be able to decline the School District sponsored insurance and receive the Employee Benefit Allowance. A waiver form must be signed each year prior to the Annual Open Enrollment deadline date that the insurance coverage will be declined (rejoining at a later date could require a waiting period before pre-existing conditions would be covered). Those employees hired after the start of the school year will receive an Employee Benefit Allowance prorated from the date of hire. Details and forms are available in the District Insurance and Business offices. Any pension or tax liability resulting from this benefit package will be the obligation of the employee.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Employee Benefit Allowance. Bargaining unit members who are eligible but who do not participate in the health insurance plan shall receive an Employee Benefit Allowance in the amount of $3000 in lieu of the employee’s annual District-paid health insurance premium. During health insurance annual election, any employee eligible for district-paid health insurance benefits can decline the individual single-subscriber health insurance and instead choose an Employee Benefit Allowance. Employees must show proof of enrollment in a separate health insurance program providing “minimal minimum essential coverage” to be able to decline the School District sponsored insurance and receive the Employee Benefit Allowance. A waiver form must be signed each year prior to the Annual Open Enrollment deadline date that the insurance coverage will be declined (rejoining at a later date could require a waiting period before pre-existing conditions would be covered). Those employees hired after the start of the school year will receive an Employee Benefit Allowance prorated from the date of hire. Details and forms are available in the District Insurance and Business offices. Any pension or tax liability resulting from this benefit package will be the obligation of the employee.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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