Employee Insurance contribution Sample Clauses

Employee Insurance contribution. Employees who select an insurance plan option that costs more than the District contribution amount shall pay the difference between the total premium cost and the District contribution through a payroll deduction. All payments for premiums owed by the employee will be paid through a District 125 C plan.
Sample 1Sample 2
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Employee Insurance contribution. SPCA Employees shall contribute to the payment of the above insurance premiums on a percentage basis based upon a sliding scale that is set forth below: Base Salary Amount Employee Employee +Spouse Employee + Child Family $45,000 and more 15% 45% 45% 45% $42500 to $44999.99 14% 43% 43% 43% $40000 to $42499.99 13% 41% 41% 41% $37500 to $39999.99 12% 39% 39% 39% $35500 to $37499.99 11% 37% 37% 37% $32500 to $34999.99 10% 35% 35% 35% $30000 to $32499.99 9% 33% 33% 33% $27500 to $27999.99 8% 31% 31% 31% $25000 to $27499.99 7% 29% 29% 29% $22500 to $24999.99 6% 27% 27% 27% $20000 to $24999.99 5% 25% 25% 25% Prior to ratification, the District and the SPCA tentatively agreed that, beginning January 1, 2016, SPCA members earning abase salary less than $45,000.00 per year shall make smaller percentage insurance contributions than those SPCA employees earning a base salary of $45,000.00 or more based upon a sliding scale for each type of coverage as set forth above in section 3 of this Appendix B. Upon ratification of this new SPCA contract, the District will rebate to SPCA members making a base salary less than $45,000.00 an amount equal to the difference between the insurance contibutions they actually made and the insurance contribution they should have made under this agreement by retroactively applying the new insurance sliding scale contribution amounts as of January 1, 2016. This rebate shall be payable by giving SPCA members a credit on their insurance contributions beginning as of their April, 2016 paychecks until a credit for the entire amount of the rebate due has been made.
Sample 1
Employee Insurance contribution. SPCA Employees shall contribute to the payment of the above insurance premiums on a percentage basis based upon a sliding scale that is set forth below: Base Salary Amount Employee Employee +Spouse Employee + Child Family $46,000 and more 15% 45% 45% 45% $43,400 to $45,999.99 14% 43% 43% 43% $40,800 to $43,399.99 13% 41% 41% 41% $38,200 to $40,799.99 12% 39% 39% 39% $35,600 to $38,199.99 11% 37% 37% 37% $33,000 to $35,599.99 10% 35% 35% 35% $30,400 to $32,999.99 9% 33% 33% 33% $27,800 to $30,399.99 8% 31% 31% 31% $25,200 to $27,799.99 7% 29% 29% 29% $22,600 to $25,199.99 6% 27% 27% 27% $20,000 to $22,599.99 5% 25% 25% 25%
Sample 1

Related to Employee Insurance contribution

  • Retiree Insurance Retired employees and their dependents shall be entitled to continued coverage under the district sponsored group health insurance program, provided the retired employee makes written application with the clerk of the board of education for such continued coverage within thirty (30) days following the retirement of the employee. Retired employees electing continued coverage shall be required to make the monthly premium payment for such continued coverage in advance of the due date of the premium to the carrier. The premium amount will be determined by the carrier. Such payment shall be made to the Board of Education or directly to the insurance carrier, as may be determined by the board. The coverage under the group health-care benefits will cease at such time as (1) the retired employee attains eligibility for Medicare, (2) the retired employee fails to make the required premium payments on a timely basis, or (3) the retired employee becomes covered or is eligible to be covered under a group plan of another employer. For purposes of this provision, retired means those employees who have terminated employment and are receiving a retirement or disability benefit from K.P.E.R.S.

  • Benefit Coverage The Company agrees to provide pension and welfare benefits as described in the Company Booklets, benefit plan documents or policies of insurance for the duration of the Agreement.

  • Life Insurance Benefits A. During the life of this Agreement, the basic life insurance benefit made available to Faculty members shall be calculated as 3 times base annual earnings, rounded to the next highest $1,000, but not more than $225,000. A separate additional benefit up to the amount of the life insurance will be paid for accidental death and dismemberment, or loss of sight. The amount of Life and Accidental Death and Dismemberment/Loss of Sight benefits will be reduced to 65% at age 65, and further reduced (from the original insurance amount) as follows: to 50% at age 70, and 35% at age 75. Basic life insurance and AD&D benefits will be provided with no employee contributions. B. Faculty members will be eligible to purchase the following supplemental coverage: 1. additional amounts of group term life insurance at a level of between one and three (3) times the Faculty member’s annual salary with a maximum of $600,000. The guaranteed issue level at initial enrollment will be determined by the life insurance carrier and any amounts over the guaranteed level will be subject to the underwriting requirements of the life insurance carrier. 2. group term life insurance for spouses and domestic partners at a level of between one (1) and three (3) times annual salary with a maximum of $600,000. The guaranteed issue level at initial enrollment will be determined by the life insurance carrier and any amounts over the guaranteed level will be subject to the underwriting requirements of the life insurance carrier. 3. group term life insurance for eligible dependent children at a level of $10,000.

  • Group Insurance Benefits To determine if a leave under the provisions of the Family and Medical Leave Act will be paid or unpaid leave of absence contact the school district Employee Benefits Department.

  • Special Parental Allowance for Totally Disabled Employees (a) An employee who: (i) fails to satisfy the eligibility requirement specified in subparagraph 17.05(a)(ii) solely because a concurrent entitlement to benefits under the Disability Insurance (DI) Plan, the Long-term Disability (LTD) Insurance portion of the Public Service Management Insurance Plan (PSMIP) or via the Government Employees Compensation Act prevents the employee from receiving Employment Insurance or Québec Parental Insurance Plan benefits, and (ii) has satisfied all of the other eligibility criteria specified in paragraph 17.05(a), other than those specified in sections (A) and (B) of subparagraph 17.05(a)(iii), shall be paid, in respect of each week of benefits under the parental allowance not received for the reason described in subparagraph (i), the difference between ninety-three per cent (93%) of the employee's rate of pay and the gross amount of his or her weekly disability benefit under the DI Plan, the LTD Plan or via the Government Employees Compensation Act. (b) An employee shall be paid an allowance under this clause and under clause 17.05 for a combined period of no more than the number of weeks during which the employee would have been eligible for parental, paternity or adoption benefits under the Employment Insurance or Québec Parental Insurance Plan, had the employee not been disqualified from Employment Insurance or Québec Parental Insurance Plan benefits for the reasons described in subparagraph (a)(i).

  • Retiree Life Insurance Employees who retire under the Monroe County Employees' Retirement System shall be eligible for $4,000.00 term life insurance. All employees hired by the Employer on or after October 1, 2007 shall not be eligible for Retiree Life Insurance.

  • WORKERS' COMPENSATION BENEFITS In accordance with Section 142 of the State Finance Law, this contract shall be void and of no force and effect unless the Contractor shall provide and maintain coverage during the life of this contract for the benefit of such employees as are required to be covered by the provisions of the Workers' Compensation Law.

  • COMPENSATION COVERAGE a) The Employer shall provide coverage to all employees for injury on the job under the Workers’ Compensation Act of the Province of Alberta, or under an Insured Plan which provides coverage of compensation equal thereto.

  • Compensation/Benefit Programs During the Term of Employment, the Executive shall be entitled to participate in all medical, dental, hospitalization, accidental death and dismemberment, disability, travel and life insurance plans, and any and all other plans as are presently and hereinafter offered by the Company to its executive personnel, including savings, pension, profit-sharing and deferred compensation plans, subject to the general eligibility and participation provisions set forth in such plans.

  • Dependent Life Insurance In the event of the death of your spouse or dependent child from any cause whatsoever, while you and your dependents are insured under the plan, the insurance company will pay you $10,000 in respect of your spouse and $5,000 in respect of each insured dependent child. This applies to those employees with family health coverage only.

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