Common use of Employer Medical Cap Clause in Contracts

Employer Medical Cap. The Employer shall be in compliance with Section 3 of Michigan Public Act 152 of 2011. In addition, it is agreed that the caps contained therein shall apply to the total combined cost of medical benefits. Accordingly, the Employer’s contribution to that combined cost shall be capped at the amounts set forth therein (as adjusted annually by the state treasurer), which are as set forth in Section 6.3 below. The Employer’s contribution for a regular part-time employee shall be capped at 50% of the above amounts.

Appears in 9 contracts

Samples: Settlement Agreement, Settlement Agreement, Collective Bargaining Agreement

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