Employee Premium Sample Clauses

Employee Premium. Each covered employee shall make monthly medical plan premium payments for either Single or Family coverage elected according to the following schedule, provided that in 2019 the following monthly premium contribution amounts shall be annually adjusted at the same percentage increase or decrease as would be applicable to any adjustment to the dependent coverage premium for Family coverage during any plan year: Annual Base Pay Monthly Premium Contribution $30,000 or less $10.00 per month $30,001 - $60,000 $20.00 per month $60,001 or more $30.00 per month
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Employee Premium. The employee shall contribute 0.8% of the base annual salary established by the salary schedule in effect on July 1st of that year, on a 10-month basis. The balance will be paid by the District.
Employee Premium. Each Employee will receive one hundred dollars ($100.00) per calendar year to use towards any costs associated with any expenses for any medical purposes. This amount will be paid out to the Employee in the first pay of the calendar year.
Employee Premium. IDENTITY OF PLAN CONTRIBUTION Group Life Insurance NIL Active employees Sixteen thousand dollars ($16,000.) on the life of each employee effective January The benefit will be increased to Seventeen thousand dollars ($17,000) effective December and eighteen thousand dollars ($18,000)effective December Retired employees one thousand dollars ($1,000.) on the life of each employee. Two thousand dollars ($2,000) for employees 'retiring on, or after January I) fees Effective January schedule of fees. Effective December-16, schedule of fees. Effective December schedule of fees.
Employee Premium. Prior to January 1, 2016, UG agrees to pay for one hundred percent (100%) of the insurance premium for each covered employee for the employee’s individual cost of coverage elected under either the Single or Family coverage offering. Beginning on January 1, 2016 and for the remainder of the term of this Agreement, each covered employee shall make monthly medical plan premium payments for either Single or Family coverage elected at the rate of $30 per month. The Unified Government shall pay the remainder of each covered employee’s monthly medical plan premium for the least expensive medical plan provided or administered by a major reputable carrier recommended by the Joint Committee and approved by the Unified Government Administrator.
Employee Premium. Each covered employee shall make monthly medical plan premium payments for either single or family coverage elected at the rate of $30 per month, provided that in 2019 this amount shall be annually adjusted at the same percentage increase or decrease as would be applicable to any adjustment to the dependent coverage premium for Family coverage during any plan year. The Unified Government shall pay the remainder of each covered employee’s monthly medical plan premium that is also adjusted annually based on an equal percentage as for employee premiums for the least expensive medical plan provided or administered by a major reputable carrier recommended by the joint committee and approved by the Unified Government administrator.
Employee Premium. CONTRIBUTIONS Employees shall contribute toward the total cost of benefits paid by the District under this Article: A. The District shall pay one-hundred percent (100%) of the premium costs of dental, life, long term disability and vision insurances for eligible employees. B. The District shall contribute toward medical benefits as detailed below but under no circumstance shall it be required to pay more than the annually established Public Act 152 premium contributions amounts. For calendar year 2025, the hard cap monthly rates will be Single - $643.19, Two-Person - $1,345.11, and Full Family $1,754.15. These amounts are based on full-time employment of at least ninety percent (90%) of the regular school week. Those working less than ninety percent (90%) of the regular school week shall be entitled to premium contributions as detailed in Articles B.09 and B.10. Option A – The District will contribute from January through December the state of Michigan hard cap rates established under Public Act 152 toward the medical coverage. The District will not contribute toward the health savings account as this will be fully paid by the employee through payroll deduction from January through December.
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Employee Premium. The employee will contribute ½ of 1% (0.5%) of the base annual salary established by the salary schedule in effect on July 1st of that year, on a 10-month basis. The balance will be paid by the District. Employees will be provided an option to decline coverage and will be exempt from paying ½ of 1% provided they sign a document stating they have other coverage and understand they may only re-enroll during Open Enrollment or within thirty (30) days of losing the other coverage. In that event, the District coverage would become effective the first day of the month following the verified loss of the other coverage. When two District employees are married, are enrolled in the same medical plan and have children enrolled in the same medical plan, the ½ of 1% premium contribution will be waived for the employee who is listed as a dependent. When there are no longer dependent children covered on the plan, the employee who is listed as a dependent spouse will revert to his/her own coverage and ID number and will not lose any rights and privileges as a benefits eligible employee or retiree.
Employee Premium. CONTRIBUTION
Employee Premium. Accident and Sickness Benefit. The benefits are payable on the fourth (4th) day of disability due to accident, the fourth (4th) day of disability due to sickness, and are payable for up to a maximum of two (52) weeks. Long Term Disability A long Term Disability Plan with a maximum benefit level of per month for new claims commencing after December for eligible employees beginning the week of disability, with the exhaustion of the Weekly Indemnity Plan The long Term Disability Income Benefit is payable for the first two years following the end of the week of disability to employees who are unable to perform any job in the Bargaining Unit. After which
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