Employees Not Needing Health Care Insurance Sample Clauses

Employees Not Needing Health Care Insurance. Full time employees who elect to not participate in the Employer’s health care insurance plan shall receive the following amounts per month in lieu of health care insurance: $400 for full-time employees employed by the District prior to May 1, 2004 $225 for full-time employees employed by the District after May 1, 2004 These amounts will be paid in twelve (12) equal payments. This election shall be made on an annual basis during the open enrollment period and shall be effective for the next full insurance year. In the event that a full time employee loses coverage under a plan with the other employer, they shall be returned to coverage under the Employer’s Plan as soon as possible.
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Employees Not Needing Health Care Insurance. Employees who have available health care insurance through a plan under another employer and elect to drop out of the Employer’s health care plan shall be eligible to receive $2,400 per year in lieu of health care insurance. This may be paid to the employee in a separate check or put into the employee’s account under the Employer’s deferred income plan on or about July 1, based upon not having been covered by the Employer’s health care plan for the preceding twelve (12) months. This election shall be made on an annual basis between June 1 and June 30 of each year and shall be effective for the next full insurance year from July 1 through June 30. In the event that an employee loses coverage under the plan with the other employer, they shall be returned to coverage under the Employer’s plan as soon as possible.
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Employees Not Needing Health Care Insurance. Employees who have available health care insurance through a plan under another employer and elect to drop out of the Employer’s health care plan shall be eligible to receive two thousand four hundred dollars ($2,400) per year in lieu of health care insurance. This may be paid to the employee or put into the employee’s account under the Employer’s Deferred Compensation Plan on or about July 1, based upon not having been covered by the Employer’s Health Care Plan for the preceding twelve (12) months. Those electing to opt out must present proof of other insurance prior to opting out of the Kentwood Plan. This election shall be made on an annual basis during the open enrollment period (currently between May 15 and June 15) and shall be effective for the next full insurance year. In the event that an employee loses coverage under the plan with the other employer, they shall be returned to coverage under the Kentwood Employer’s Plan as soon as possible. Employees choosing to opt out of the City group medical health insurance plan shall not be required to pay an annual co-payment for Kentwood medical insurance coverage, during the period they opt out (See Section 12.1).
Sample 1
Employees Not Needing Health Care Insurance. Employees who waive enrollment in City’s health insurance plan due to being covered by another health plan shall be eligible to receive $3,000 per year in lieu of health insurance. This may be paid to the employee in a separate check or put into the employee’s account under the Employer’s deferred income plan on or about July 1, based upon not having been covered by the Employer’s health care plan for the preceding twelve (12) months. This election shall be made on an annual basis between June 1 and June 30 of each year and shall be effective for the next full insurance year from July 1 through June 30. In the event that an employee loses coverage under the plan with the other employer, they shall be returned to coverage under the Employer’s plan as soon as possible.
Sample 1
Employees Not Needing Health Care Insurance. Employees who have available health care insurance through an alternate source and elect to drop out of the County’s health care plan shall be eligible to receive $125.00 per month in lieu of health care insurance. This may be paid to the employee in a separate check each month or put into the employee’s account under the County’s deferred income plan. This election shall be made on an annual basis and shall be effective for that full year. In the event that an employee loses coverage under the alternative source, they shall be returned to coverage under the County’s plan as soon as possible. Spouses of eligible employees shall not be eligible for this benefit.
Sample 1
Employees Not Needing Health Care Insurance. Employees who have available health care insurance through a plan under another employer and elect to drop out of the Employer’s health care plan shall be eligible to receive $2,400.00 per year in lieu of health care insurance. This may be paid to the employee in a separate check or put into the employee’s account under the Employer’s deferred income plan on or about June 1, based upon not having been covered by the Employer’s health care plan for the preceding twelve (12) months. This election shall be made on an annual basis between May 1 through May 31 of each year and shall be effective for the next full insurance year from July 1 through June 30. In the event that an employee loses coverage under the plan with the other employer, they shall be returned to coverage under the Employer’s plan as soon as possible. LONGEVITY Longevity Schedule.. Officers will be granted longevity payments in addition to established salary, as follows: After 5 years $ 400 After 10 years $ 800 After 15 years $1200 After 20 years $1600 After 25 years $2000 After 30 years $2500 Longevity payments shall be made in a lump sum at the end of the first payroll period after each officer’s anniversary date. An employee who for any reason terminates employment with the City prior to the employee’s eligible anniversary date shall receive longevity pay on a prorated time basis for the calendar months served.
Sample 1

Related to Employees Not Needing Health Care Insurance

  • Workers’ Compensation/Employer’s Liability Insurance The minimum limits of Workers’ Compensation/Employer’s Liability insurance are: Part One: Part Two: “Statutory” Each Accident $1,000,000 Disease – Policy Limit $1,000,000 Disease – Each Employee $1,000,000

  • Group Health Insurance Immediately following retirement, the teacher shall have the option of remaining in the Corporation’s current group health insurance plan if all of the following conditions are met as of the date of retirement and thereafter:

  • ’ Compensation/Employer’s Liability Insurance The Contractor shall maintain the coverage as required by statute for each work location and shall maintain Employer’s Liability insurance with limits of $100,000 per occurrence for each bodily injury claim, $100,000 per occurrence for each bodily injury caused by disease claim, and $500,000 aggregate for all bodily injuries caused by disease claims. The Contractor expressly represents to the City, as a material representation upon which the City is relying in entering into this Agreement, that none of the Contractor’s officers or employees who may be eligible under any statute or law to reject Workers’ Compensation Insurance shall effect such rejection during any part of the term of this Agreement, and that any such rejections previously effected, have been revoked as of the date Contractor executes this Agreement.

  • Retiree Health Insurance Retired members of the Department receiving, or to receive City of Lincoln monthly pension checks, may participate in the group comprehensive health care plan for active City employees, provided that each retiree so desiring will execute the required forms in a timely fashion, and further provided that each retiree will be required to pay the full monthly cost at the current rates subject to any rate increases which may occur from time to time. Such payment will be made by payroll deduction from pension checks, or by direct payment in the case of an early retiree.

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