Example Scenario. In this scenario, the total monthly benefit premium is $500. Historical data shows faculty member has maintained an average of .45 FTE assignment over the past two (2) years (394 clock hours). This equates to 75% of the 100% benefit cost (394 clock hours divided by 525). This has averaged to a cost to the District of $375 per month and to the Employee $125 per month.
Appears in 22 contracts
Samples: Tentative Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement