Common use of Flexible Benefit Program Clause in Contracts

Flexible Benefit Program. Sec. 701 PLAN OPTIONS: Employees covered by this Agreement may elect to participate in the "County of Ventura Flexible Benefits Program" (hereinafter referred to as the Flexible Benefit Program) as set forth in the plan document for that program including all applicable supplements. The County’s Flexible Benefits Program health insurance options include any health insurance plan or plans designated by VCDSA. All individuals covered by this Agreement and their eligible dependents shall be required to participate in the plan or plans designated by VCDSA, except that employees may continue to elect to “opt out” as provided by the Flexible Benefits Program. Any charges applicable to employees who participate in the Flexible Benefits Program, including but not limited to administrative fees and costs resulting because of a significant reduction in the number of employees who elect to “opt out”, shall be shared by all employees covered by this Agreement on an equal, pro rata basis with the other employees participating in the Flexible Benefits Program. In the event that benefits are “carved out” of the County sponsored health plans, VCDSA represented employees shall not be charged for such benefits unless the parties agree that those benefits will be available to VCDSA represented employees. Sec. 702 COUNTY CONTRIBUTIONS:

Appears in 3 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement, Memorandum of Agreement

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Flexible Benefit Program. Sec. 701 PLAN OPTIONS: Employees covered by this Agreement may elect to participate in the "County of Ventura Flexible Benefits Program" (hereinafter referred to as the Flexible Benefit Program) as set forth in the plan document for that program including all applicable supplements. The County’s Flexible Benefits Program health insurance options include any health insurance plan or plans designated by VCDSA. All individuals covered by this Agreement and their eligible dependents shall be required to participate in the plan or plans designated by VCDSA, except that employees may continue to elect to “opt out” as provided by the Flexible Benefits Program. Any charges applicable to employees who participate in the Flexible Benefits Program, including but not limited to administrative fees and costs resulting because of a significant reduction in the number of employees who elect to “opt out”, shall be shared by all employees covered by this Agreement on an equal, pro rata basis with the other employees participating in the Flexible Benefits Program. In the event that benefits are “carved out” of the County sponsored health plans, VCDSA represented employees shall not be charged for such benefits unless the parties agree that those benefits will be available to VCDSA represented employees. Sec. 702 COUNTY CONTRIBUTIONS: A. FULL-TIME EMPLOYEES: Effective July 3, 2005, the County shall contribute $248.00 per biweekly payroll period on behalf of each regular full-time employee enrolled in the Flexible Benefit Program. Pursuant to Section 4.2 of that Program, employees may reduce their pay to be allocated as flexible credits (including the payment of health insurance premiums) for the plan year.

Appears in 1 contract

Samples: Memorandum of Agreement

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