Flex Benefit Sample Clauses

Flex Benefit. Permanent full-time employees shall be reimbursed a flex benefit of up to $200 per fiscal year as per ECIP policy. Any unused portion of this benefit shall not be carried over. The amount shall be prorated for less than full-time employees.
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Flex Benefit. ‌ The District will provide a flex benefit plan which, at a minimum, will permit teachers to pay their contributions toward hospitalization and dental coverage on a pre-tax basis, and which will allow each teacher to allocate monies into a childcare flexible spending account into a health care flexible spending account in compliance with the Internal Revenue Code.
Sample 1
Flex Benefit. All employees will be eligible to participate in the Section 125 Flexible Benefit Plan in effect at the time of signing. All health insurance premium contributions shall be "flexed" through the premium conversion option of the Flexible Benefit Plan. Employees wishing to not participate in the premium conversion must agree to "opt out" on an annual basis. The specific terms of the Flex Benefit Plan in effect at the time of signing shall not be modified in any way during the term of this Agreement except by express written consent of the parties. Regardless of the insurance plan elected, all employees will be eligible to participate in the Section 125 Flexible Benefit Plan known as the “Best Flex” Flexible Spending Program (hereinafter “Best Flex”) offered by Excellus Benefit Services. The specific terms of the Best Flex Plan shall be those offered by Excellus Benefit Services at the time of the signing of this Agreement and shall not be modified in any way during the term of this Agreement except by express written consent of the parties. The Employer shall bear the cost of administering the program and the selection of the program administrator.
Sample 1
Flex Benefit. An Employee Benefit package for health insurance will be offered to Full Time Employees (FTE) as defined by the Affordable Care Act. A $329 per month healthcare premium payment will be made for each FTE when taking insurance offered through Jefferson County Public Schools. A flex benefit will be offered to FTE in a manner that complies with district policies/processes and the Affordable Care Act with a total value not to exceed $500 per month including afore mentioned premium payment. Other benefits from the package may be purchased at his/her own expense. Non FTE employees may be offered a pro-rated Flex Benefit. Current employees may elect/waive coverage during the annual open enrollment period in May 2013. Depending on your eligibility and election, benefits may include: Medical Insurance Dental Insurance Vision Insurance Group Life Insurance I am signing up for benefits and have circled my enrollment selection above. I will enroll during open enrollment in May 2017. I am waiving benefits. I have attached a copy of my current medical insurance card as proof of coverage.
Sample 1
Flex Benefit. The Employer agrees to continue in effect the current flex benefit in effect at the beginning of this Agreement under which certain costs can be deemed to be tax free pursuant to Section 125 of the Internal Revenue Code. The Employer retains the right to change providers for the flex benefit, so long as a benefit substantially equal to or better than the current benefit continues to be provided.
Sample 1
Flex Benefit. The Superintendent shall receive an annual benefit of $7,000.
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Flex Benefit. For the fiscal year ending June 30, 2005 and each fiscal year thereafter, the flexible benefit allowance amount for support personnel shall be no less than one hundred percent (100%) of the premium amount for the Health Choice Hi-Option plan for an individual offered by the State and Education Employees Group Insurance Board. Support personnel who choose not to participate in the Health Insurance Plan shall receive One Hundred Eighty-Nine Dollars and sixty-nine cents ($189.69) per month as taxable compensation in lieu of the flexible benefit allowance.
Sample 1
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Related to Flex Benefit

  • Dental Benefit (1) A confirmed staff shall be eligible for reimbursement of expenses incurred for restorative and preventive dental treatment up to $150 per calendar year.

  • Basic Benefit Effective January 1, 2008, the basic life insurance benefit will be increased from $15,000 to $18,000 for employees. This shall be the default level of life insurance coverage, which shall be provided at no cost to the employee.

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • Sick Leave Benefit There are two types of sick leave benefits. Annual sick leave is the sick leave days credited each year to each employee in accordance with the provisions of the local collective bargaining agreements. Banked sick leave is previously accumulated unused sick leave to which unused annual sick leave may be added at the end of each anniversary year.

  • Public Benefit It is XR's understanding that the commitments it has agreed to herein, and actions to be taken by XR under this Settlement Agreement confer a significant benefit to the general public, as set forth in Code of Civil Procedure § 1021.5 and Cal. Admin. Code tit. 11, § 3201. As such, it is the intent of XR that to the extent any other private party serves a notice and/or initiates an action alleging a violation of Proposition 65 with respect to XR's alleged failure to provide a warning concerning actual or alleged exposure to DEHP prior to use of the Covered Products it has manufactured, distributed, sold, or offered for sale in California, or will manufacture, distribute, sell, or offer for sale in California, such private party action would not confer a significant benefit on the general public as to those Covered Products addressed in this Settlement Agreement, provided that XR is in material compliance with this Settlement Agreement.

  • Dental Benefits The County offers dental and orthodontic benefits to full and part-time regular employees and their eligible dependent(s). Benefit provisions, co­ payments and deductibles are outlined in the Evidence of Coverage. The employee contribution is $13 per pay period ($28.26 per month). The County shall contribute to part-time eligible employees on a pro-rated basis, in accordance with Section 10.2.6.

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

  • Contribution Formula Health Coverage a. Faculty Member Coverage. For faculty member health coverage for the 2018 2022 and 2019 2023 plan years, the Employer contributes an amount equal to ninety-five percent (95%) of the employee- only premium of the Minnesota Advantage Health Plan (Advantage).

  • Amount of Employer Contribution The Employer Contribution amounts and rules in effect on June 30, 2017 will continue through December 31, 2017.

  • Dependent Care Salary Reduction Plan The Employer agrees to maintain the current dependent care salary reduction plan that allows eligible employees, covered by this Agreement, the option to participate in a dependent care reimbursement program for work-related dependent care expenses on a pretax basis as permitted by federal tax law or regulation.

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