Common use of Flexible Benefit Allowance for Major 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 through December 31, 2020. 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. (G-2) 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.

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 through December 31, 20202023. 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. (G-2) 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.

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 through December 31, 20202017. 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. (G-2) 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.

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 through December 31, 20202022. 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. (G-2) 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.

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 through December 31, 20202024. 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. (G-2) 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.

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 through December 31, 20202021. 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. (G-2) 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.