Employee Insurance Premium Contributions Sample Clauses

Employee Insurance Premium Contributions. Family Plan Contribution $100.00 per month Single Plan Contribution $ 50.00 per month Beginning September 1, 2016 employee premium contributions shall be: Family Plan Contribution $200.00 per month Single Plan Contribution $100.00 per month
Sample 1Sample 2
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Employee Insurance Premium Contributions. Effective the pay period that includes the date of execution of this Agreement by all parties, covered members shall contribute to Health and Dental insurance premiums and be subject to the maximum medical premium contribution (“caps”) per pay period in accordance with the following: 1/1/2020 1/1/2021 1/1/2022 1/1/2023 1/1/2024 Unit B 20% 20% 20% 20% 20% Employee Only Cap $93.86 $108.41 $113.83 $119.52 $125.50 Employee + Spouse Cap $249.96 $262.46 $275.58 $289.36 $303.83 Employee + Child(ren) Cap $238.26 $250.17 $262.68 $275.82 $289.61 Family Cap $267.87 $309.39 $324.86 $341.11 $358.16 Employees who participate in Wellness programs and attain established wellness targets will be incentivized for their efforts. There will be at least a 2% discount of the premium cost for those covered members who choose to participate in the annual Wellness program minimum requirements (election of services determined and selected by the participating member.) The City reserves the right to convert the current 2-tier plan design to a 4-tier plan design providing coverage tiers for single, employee + spouse, employee + child(ren), and family, with the understanding that the percentage of premium contribution indicated is maintained and the caps listed above remain intact during the term of the Agreement.
Sample 1
Employee Insurance Premium Contributions. Effective the pay period that includes the date of execution of this Agreement by all parties, covered members shall contribute to Health and Dental insurance premiums and be subject to the maximum medical premium contribution (“caps”) per pay period in accordance with the following: 1/1/2016 1/1/2017 1/1/2018 1/1/2019 1/1/2020 Unit A 20% 20% 20% 20% 20% Single Cap $70.52 $77.57 $85.33 $93.86 $103.25 Family Cap $201.25 $221.38 $243.52 $267.87 $294.66 Employees who participate in Wellness programs and attain established wellness targets will be incentivized for their efforts. There will be at least a 2% discount of the premium cost for those covered members who choose to participate in the annual Wellness program minimum requirements (election of services determined and selected by the participating member.) The City reserves the right to convert the current 2‐tier plan design to a 4‐tier plan design providing coverage tiers for single, employee+spouse, employee+child(ren), and family, with the understanding that the percentage of premium contribution indicated is maintained and the caps listed above remain intact during the term of the Agreement.
Sample 1
Employee Insurance Premium Contributions. Effective the pay period that includes the date of execution of this Agreement by all parties, covered members shall contribute to Health and Dental insurance premiums and be subject to the maximum medical premium contribution (“caps”) per pay period in accordance with the following: 1/1/2016 1/1/2017 1/1/2018 Unit B 20% 20% 20% Single Cap $70.52 $77.57 $85.33 Family Cap $201.25 $221.38 $243.52 Employees who participate in Wellness programs and attain established wellness targets will be incentivized for their efforts. There will be at least a 2% discount of the premium cost for those covered members who choose to participate in the annual Wellness program minimum requirements (election of services determined and selected by the participating member.) The City reserves the right to convert the current 2‐tier plan design to a 4‐tier plan design providing coverage tiers for single, employee+spouse, employee+child(ren), and family, with the understanding that the percentage of premium contribution indicated is maintained and the caps listed above remain intact during the term of the Agreement.
Sample 1
Employee Insurance Premium Contributions. Effective the pay period that includes the date of execution of this Agreement by all parties, covered members shall contribute to Health and Dental insurance premiums and be subject to the maximum medical premium contribution (“caps”) per pay period in accordance with the following: 1/1/2019 1/1/2020 Unit B 20% 20% Single Cap $ 85.33 $ 93.86 Family Cap $ 243.52 $ 267.87 Employees who participate in Wellness programs and attain established wellness targets will be incentivized for their efforts. There will be at least a 2% discount of the premium cost for those covered members who choose to participate in the annual Wellness program minimum requirements (election of services determined and selected by the participating member.) The City reserves the right to convert the current 2‐tier plan design to a 4‐tier plan design providing coverage tiers for single, employee+spouse, employee+child(ren), and family, with the understanding that the percentage of premium contribution indicated is maintained and the caps listed above remain intact during the term of the Agreement.
Sample 1

Related to Employee Insurance Premium Contributions

  • Premium Contributions i. Effective March 1, 2014, the Company and employees will contribute toward the premium costs of the NECA Health Plan for eligible Regular employees in accordance with this Section.

  • 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.

  • Employee Contributions (a) Each participant shall be allowed to contribute on a bi-weekly basis up to an amount equal to eighty percent (80%) of the Participant’s wage. Such bi-weekly wage deductions shall be in increments of one percent (1%) and shall be contributed to the Participant’s account. The participant may contribute on a pre-tax, after-tax, Xxxx basis or any combination.

  • 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.

  • 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.

  • Payment of Contributions The College and eligible academic staff members shall each contribute one-half of the contributions to the Academic and Administrative Pension Plan.

  • Retiree Insurance 12.1 Employees who retire must meet the following conditions at the time of retirement in order to be eligible for the Employer contributions, listed in Sections 12.2 through 12.5 below, toward a health insurance plan offered by the Employer:

  • 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.

  • Special Compensation The Company shall pay to the Executive a lump sum equal to three times the sum of (a) the highest per annum base rate of salary in effect with respect to the Executive during the three-year period immediately prior to the termination of employment plus (b) the Highest Bonus Amount. Such lump sum shall be paid by the Company to the Executive within ten business days after the Executive's termination of employment, unless the provisions of Section 3(e) below apply. The amount of the aggregate lump sum provided by this Section 3(c), whether paid immediately or deferred, shall not be counted as compensation for purposes of any other benefit plan or program applicable to the Executive.

  • Benefit Premiums The Employer shall continue to pay its portion of insured benefit premiums, provided employees continue to pay their portion, as follows:

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