Common use of Flexible Benefit Allowance for Major Medical Clause in Contracts

Flexible Benefit Allowance for Major Medical. Teachers enrolled in the District's health insurance plan shall receive from the state a Flexible Benefit Allowance (FBA) for Major Medical payment of $615.90 per month effective January 1, 2021. Any excess FBA over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits or may be taken as taxable compensation. No employee shall receive FBA payment less than an annual amount provided for by state law.

Appears in 2 contracts

Samples: Negotiated Agreement, Negotiated Contract

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Flexible Benefit Allowance for Major Medical. Teachers enrolled in the District's health insurance plan Health Insurance Plan shall receive from the state a Flexible Benefit Allowance (FBA) an amount equal to the HealthChoice High premium for Major Medical payment a single employee. The premium for the remainder of calendar year 2021 is $615.90 per month effective January 1, 2021615.90. The premium for the 2022 school year has not been released. Any excess FBA over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits or may be taken as taxable compensation. No employee shall receive FBA a payment less than an annual amount provided for by state law.

Appears in 2 contracts

Samples: Professional Negotiations Agreement, Professional Negotiations Agreement

Flexible Benefit Allowance for Major Medical. Teachers enrolled in the District's health insurance plan Health Insurance Plan shall receive from the state a Flexible Benefit Allowance (FBA) an amount equal to the HealthChoice High premium for Major Medical payment a single employee. The premium for the remainder of calendar year 2019 is $615.90 per month effective January 1, 2021594.90. The rate for calendar year 2020 has not been released. Any excess FBA over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits or may be taken as taxable compensation. No employee shall receive FBA a payment less than an annual amount provided for by state law.

Appears in 2 contracts

Samples: Negotiated Agreement, Negotiated Agreement

Flexible Benefit Allowance for Major Medical. Teachers enrolled in the District's health insurance plan Health Insurance Plan shall receive from the state a Flexible Benefit Allowance (FBA) an amount equal to the HealthChoice High premium for Major Medical payment a single employee. The premium for the remainder of calendar year 2019 is $615.90 per month effective January 1, 2021594.90. The rate for calendar year 2020 has not been released. Any excess FBA over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits or may be taken as taxable compensation. No employee shall receive FBA a payment less than an annual amount provided for by state law. SECTION 5: Extra Assignment Compensation

Appears in 2 contracts

Samples: Negotiated Agreement, Negotiated Agreement

Flexible Benefit Allowance for Major Medical. Teachers enrolled in the District's health insurance plan shall receive from the state a Flexible Benefit Allowance (FBA) for Major Medical payment of $615.90 per month effective January 1through December 31, 20212020. Any excess FBA over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits or may be taken as taxable compensation. No employee shall receive FBA payment less than an annual amount provided for by state law.

Appears in 2 contracts

Samples: Negotiated Agreement, Negotiated Contract

Flexible Benefit Allowance for Major Medical. Teachers enrolled in the District's health insurance plan shall ’s Health Insurance Plan receive from the state a Flexible Benefit Allowance (FBA) for Major major Medical payment of $615.90 571.04 per month effective January 1through December 31, 20212017. Any excess FBA over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits or may be taken as taxable compensation. No employee shall receive FBA payment less than an annual amount provided for by state law. ***All step amounts stay the same, and employees receive the next step increase.

Appears in 2 contracts

Samples: Negotiated Agreement, Negotiated Agreement

Flexible Benefit Allowance for Major Medical. Teachers enrolled in the District's health insurance plan Health Insurance Plan shall receive from the state a Flexible Benefit Allowance (FBA) an amount equal to the HealthChoice High premium for Major Medical payment a single employee. The premium for the remainder of calendar year 2018 is $615.90 per month effective January 1, 2021594.90. The rate for calendar year 2019 has not been released. Any excess FBA over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits or may be taken as taxable compensation. No employee shall receive FBA a payment less than an annual amount provided for by state law.

Appears in 1 contract

Samples: Negotiated Agreement

Flexible Benefit Allowance for Major Medical. Teachers enrolled in the District's health insurance plan shall receive from the state a Flexible Benefit Allowance (FBA) for Major Medical payment of $615.90 679.62 per month effective January 1, 20212025. Any excess FBA over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits or may be taken as taxable compensation. No employee shall receive FBA payment less than an annual amount provided for by state law.

Appears in 1 contract

Samples: Negotiated Agreement

Flexible Benefit Allowance for Major Medical. Teachers enrolled in the District's health insurance plan Health Insurance Plan shall receive from the state a Flexible Benefit Allowance (FBA) an amount equal to the HealthChoice High premium for Major Medical payment a single employee. The premium for the remainder of calendar year 2020 is $615.90 per month effective January 1, 2021615.90. The rate for calendar year 2021 will remain the same. Any excess FBA over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits or may be taken as taxable compensation. No employee shall receive FBA a payment less than an annual amount provided for by state law.

Appears in 1 contract

Samples: Negotiated Agreement

Flexible Benefit Allowance for Major Medical. Teachers enrolled in the District's health insurance plan Health Insurance Plan shall receive from the state a Flexible Benefit Allowance (FBA) an amount equal to the HealthChoice High premium for Major Medical payment a single employee. The premium for the remainder of calendar year 2016 is $615.90 per month effective January 1, 2021526.88. The rate for calendar year 2017 is $571.04. Any excess FBA over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits or may be taken as taxable compensation. No employee shall receive FBA a payment less than an annual amount provided for by state law.

Appears in 1 contract

Samples: Professional Negotiations Agreement

Flexible Benefit Allowance for Major Medical. Teachers enrolled in the District's health insurance plan shall receive from the state a Flexible Benefit Allowance (FBA) for Major Medical payment of $615.90 679.62 per month effective January 1, 20212024. Any excess FBA over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits or may be taken as taxable compensation. No employee shall receive FBA payment less than an annual amount provided for by state law.

Appears in 1 contract

Samples: Negotiated Agreement

Flexible Benefit Allowance for Major Medical. Teachers enrolled in the District's health insurance plan Health Insurance Plan shall receive from the state a Flexible Benefit Allowance (FBA) for Major Medical payment of $615.90 594.90 per month effective January 1through December 31, 20212019. Any excess FBA over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits or may be taken as taxable compensation. No employee shall receive FBA payment less than an annual amount provided for by state law.

Appears in 1 contract

Samples: Negotiated Agreement

Flexible Benefit Allowance for Major Medical. Teachers enrolled in the District's health insurance plan shall receive from the state a Flexible Benefit Allowance (FBA) for Major Medical payment of $615.90 per month effective January 1through December 31, 20212022. Any excess FBA over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits or may be taken as taxable compensation. No employee shall receive FBA payment less than an annual amount provided for by state law.taxable

Appears in 1 contract

Samples: Negotiated Agreement

Flexible Benefit Allowance for Major Medical. Teachers enrolled in the District's health insurance plan shall receive from the state a Flexible Benefit Allowance (FBA) for Major Medical payment of $615.90 594.90 per month effective January 1, 20212018. Any excess FBA over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits or may be taken as taxable compensation. No employee shall receive FBA payment less than an annual amount provided for by state law.taxable

Appears in 1 contract

Samples: Negotiated Agreement

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Flexible Benefit Allowance for Major Medical. Teachers enrolled in the District's health insurance plan shall receive from the state a Flexible Benefit Allowance (FBA) for Major Medical payment of $615.90 679.62 per month effective January 1through December 31, 20212024. Any excess FBA over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits or may be taken as taxable compensation. No employee shall receive FBA payment less than an annual amount provided for by state law.

Appears in 1 contract

Samples: Negotiated Agreement

Flexible Benefit Allowance for Major Medical. Teachers enrolled in the District's health insurance plan shall receive from the state a Flexible Benefit Allowance (FBA) for Major Medical payment of $615.90 per month effective January 1, 20212022. Any excess FBA over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits or may be taken as taxable compensation. No employee shall receive FBA payment less than an annual amount provided for by state law.taxable

Appears in 1 contract

Samples: Negotiated Agreement

Flexible Benefit Allowance for Major Medical. Teachers enrolled in the District's health insurance plan shall receive from the state a Flexible Benefit Allowance (FBA) for Major Medical payment of $615.90 571.04 per month effective January 1through December 31, 20212017. Any excess FBA over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits or may be taken as taxable compensation. No employee shall receive FBA payment less than an annual amount provided for by state law.

Appears in 1 contract

Samples: Negotiated Agreement

Flexible Benefit Allowance for Major Medical. Teachers enrolled in the District's health insurance plan Health Insurance Plan shall receive from the state a Flexible Benefit Allowance (FBA) for Major Medical payment of $615.90 526.88 per month effective January 1through December 31, 20212016. Any excess FBA over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits or may be taken as taxable compensation. No employee shall receive FBA payment less than an annual amount provided for by state law.

Appears in 1 contract

Samples: Master Agreement

Flexible Benefit Allowance for Major Medical. Teachers enrolled in the District's health insurance plan shall receive from the state a Flexible Benefit Allowance (FBA) for Major Medical payment of $615.90 640.28 per month effective January 1through December 31, 20212023. Any excess FBA over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits or may be taken as taxable compensation. No employee shall receive FBA payment less than an annual amount provided for by state law.

Appears in 1 contract

Samples: Negotiated Agreement

Flexible Benefit Allowance for Major Medical. Teachers enrolled in the District's health insurance plan shall receive from the state a Flexible Benefit Allowance (FBA) for Major Medical payment of $615.90 594.90 per month effective January 1, 20212018. Any excess FBA over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits or may be taken as taxable compensation. No employee shall receive FBA payment less than an annual amount provided for by state law.

Appears in 1 contract

Samples: Negotiated Agreement

Flexible Benefit Allowance for Major Medical. Teachers enrolled in the District's health insurance plan Health Insurance Plan shall receive from the state a Flexible Benefit Allowance (FBA) for Major Medical payment of $615.90 594.90 per month effective January 1through December 31, 20212018. Any excess FBA over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits or may be taken as a taxable compensation. No employee shall receive FBA payment less than an annual amount provided for by state law.

Appears in 1 contract

Samples: Master Agreement

Flexible Benefit Allowance for Major Medical. Teachers enrolled in the District's health insurance plan shall receive from the state a Flexible Benefit Allowance (FBA) for Major Medical payment of $615.90 640.28 per month effective January 1, 20212023. Any excess FBA over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits or may be taken as taxable compensation. No employee shall receive FBA payment less than an annual amount provided for by state law.taxable

Appears in 1 contract

Samples: Negotiated Agreement

Flexible Benefit Allowance for Major Medical. Teachers enrolled in the District's health insurance plan Health Insurance Plan shall receive from the state a Flexible Benefit Allowance (FBA) an amount equal to the HealthChoice High premium for Major Medical payment a single employee. The premium for the remainder of calendar year 2018 is $615.90 per month effective January 1, 2021594.90. The rate for calendar year 2019 has not been released. Any excess FBA over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits or may be taken as taxable compensation. No employee shall receive FBA a payment less than an annual amount provided for by state law. (A) (B) (C) (D) (E) (F) (G) OR (H)

Appears in 1 contract

Samples: Negotiated Agreement

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