Flexible Benefits Allowance. The City shall provide a contribution to the City’s flexible benefits plan (125 plan) for each full-time employee in regular or probationary status who is enrolled in one of the CalPERS medical insurance plans offered by the City. Employees can use this contribution to offset the cost of benefits purchased through the plan. The value of any flexible benefit allowance provided by the City under this Section shall be determined as follows: A. Effective the pay period that includes July 1, 2015, the allowance provided to an eligible employee shall be equal to one hundred percent (100%) of the premium cost for health insurance coverage based on the employee’s plan selection and participation level (e.g., Employee only coverage, Employee +1 coverage, or Employee +2 coverage), less the amount of any contribution provided under Section 7.01, Medical Insurance, above. The City’s maximum contribution under this section shall not exceed the cost of one hundred percent (100%) of the Bay Area Kaiser benefit plan as determined by the employee’s participation level, less the City’s contribution towards medical benefits under PEMHCA, except that in no event shall the sum of the City’s contribution pursuant to the provisions of this Section and Section 7.01, Medical Insurance of this Memorandum of Understanding exceed one hundred percent (100%) of the premium cost for the CalPERS medical insurance plan in which the employee is enrolled. B. The City shall continue to provide a Flexible Benefit Allowance as provided in this Section unless amended or repealed by the City Council. C. Contributions to an employee’s Flexible Benefits Account shall be used only for payment of those benefits that are available through the City’s Flexible Benefit Plan. The City will not treat any contributions made to the Flexible Benefits Plan as compensation subject to income tax withholding unless the Internal Revenue Service and/or the Franchise Tax Board indicates that such contributions are taxable income subject to withholding. Each employee shall be solely and personally responsible for any Federal, State, or local tax liability of the employee that may arise out of the implementation of this section or any penalty that may be imposed therefore. D. Each employee shall file an election in writing during the month of open enrollment for medical insurance each year designating how the contributions in the employee’s Flexible Benefit Account are to be spent during the ensuing year. Thereafter, no changes to designations so made shall be allowed until the enrollment of the following year, except for changes due to an eligible qualifying event. E. Each employee shall be responsible for providing immediate written notice to the Human Resources Director or designee of any change to the number of the employee’s dependents which would affect the amount of the City's payment to the Flexible Benefits Account. An employee who, by reason of failing to report a change in dependents, receives a City payment greater than the amount to which the employee is entitled shall be liable for refunding the excess amounts received via a reduction in the amount paid to the employee’s Flexible Benefits Account in subsequent months. Changes to flexible benefit contributions associated with changes in an employee's number of dependents shall take effect at the start of the first pay period in the month following the month in which notice of the changes is received by the Human Resources Department. No retroactive increases to the Flexible Benefit Allowance provided by the City shall be allowed.
Appears in 2 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding
Flexible Benefits Allowance. The City shall provide a contribution to the City’s flexible benefits plan (125 plan) for each full-time employee in regular or probationary status who is enrolled in one of the CalPERS medical insurance plans offered by the City. Employees can use this contribution to offset the cost of benefits purchased through the plan. The value of any flexible benefit allowance provided by the City under this Section shall be determined as follows:
A. Effective the pay period that includes July 1, 2015, the allowance provided to an eligible employee shall be equal to one hundred percent (100%) of the premium cost for health insurance coverage based on the employee’s plan selection and participation level (e.g., Employee only coverage, Employee +1 coverage, or Employee +2 coverage), less the amount of any contribution provided under Section 7.01, Medical Insurance, above. The City’s maximum contribution under this section Section shall not exceed the cost of one hundred percent (100%) of the Bay Area Kaiser benefit plan as determined by the employee’s participation level, less the City’s contribution towards medical benefits under PEMHCA, except that in no event shall the sum of the City’s contribution pursuant to the provisions of this Section and Section 7.01, Medical Insurance Insurance, of this Memorandum of Understanding exceed one hundred percent (100%) of the premium cost for the CalPERS medical insurance plan in which the employee is enrolled.
B. The City shall continue to provide a Flexible Benefit Allowance as provided in this Section unless amended or repealed by the City Council.
C. Contributions to an employee’s Flexible Benefits Account shall be used only for payment of those benefits that are available through the City’s Flexible Benefit Plan. The City will not treat any contributions made to the Flexible Benefits Plan as compensation subject to income tax withholding unless the Internal Revenue Service and/or the Franchise Tax Board indicates that such contributions are taxable income subject to withholding. Each employee shall be solely and personally responsible for any Federal, State, or local tax liability of the employee that may arise out of the implementation of this section Section or any penalty that may be imposed therefore.
D. Each employee shall file an election in writing during the month of open enrollment for medical insurance each year designating how the contributions in the employee’s Flexible Benefit Account are to be spent during the ensuing year. Thereafter, no changes to designations so made shall be allowed until the enrollment of the following year, except for changes due to an eligible qualifying event.
E. Each employee shall be responsible for providing immediate written notice to the Human Resources Director or designee of any change to the number of the employee’s dependents which would affect the amount of the City's payment to the Flexible Benefits Account. An employee who, by reason of failing to report a change in dependents, receives a City payment greater than the amount to which the employee is entitled shall be liable for refunding the excess amounts received via a reduction in the amount paid to the employee’s Flexible Benefits Account in subsequent months. Changes to flexible benefit contributions associated with changes in an employee's number of dependents shall take effect at the start of the first pay period in the month following the month in which notice of the changes is received by the Human Resources Department. No retroactive increases to the Flexible Benefit Allowance provided by the City shall be allowed.
Appears in 2 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding
Flexible Benefits Allowance. The City shall provide a contribution to the City’s flexible benefits plan (125 plan) for each full-time employee in regular or probationary status who is enrolled in one of the CalPERS medical insurance plans offered by the City. Employees can use this contribution to offset the cost of benefits purchased through the plan. The value of any flexible benefit allowance provided by the City under this Section shall be determined as follows:
A. Effective the pay period that includes July 1, 2015, the allowance provided to an eligible employee shall be equal to one hundred percent (100%) of 100%)of the premium cost for health insurance coverage based on the employee’s plan selection and participation level eligibility (e.g., Employee only coverage, Employee +1 coverage, or Employee +2 coverage), less the amount of any contribution provided under Section 7.01, Medical Insurance, 7.01 above. The City’s maximum contribution under this section shall not exceed the cost of one hundred percent (100%) of 100%)of the Bay Area Kaiser benefit plan as determined by the employee’s participation level, less the City’s contribution towards medical benefits under PEMHCA, except that that, in no event shall the sum of the City’s contribution pursuant to the provisions of this Section 7.01 and Section 7.01, Medical Insurance 7.02 of this Memorandum of Understanding exceed one hundred percent (100%) of the premium cost for the CalPERS medical insurance plan in which the employee is enrolled.
B. The City shall continue to provide a Flexible Benefit Allowance as provided in this Section unless amended or repealed by the City Council.
C. Contributions to an employee’s Flexible Benefits Account shall be used only for payment of those benefits that are available through the City’s Flexible Benefit Plan. The City will not treat any contributions made to the Flexible Benefits Plan as compensation subject to income tax withholding unless the Internal Revenue Service and/or the Franchise Tax Board indicates that such contributions are taxable income subject to withholding. Each employee shall be solely and personally responsible for any Federal, State, or local tax liability of the employee that may arise out of the implementation of this section or any penalty that may be imposed therefore.
D. Each employee shall file an election in writing during the month of open enrollment for medical insurance each year designating how the contributions in the employee’s his or her Flexible Benefit Account are to be spent during the ensuing year. Thereafter, no changes to designations so made shall be allowed until the enrollment of the following year, except for changes due to an eligible qualifying event.
E. Each employee shall be responsible for providing immediate written notice to the Human Resources Director or designee of any change to the number of the employee’s his or her dependents which would affect the amount of the City's payment to the Flexible Benefits Account. An employee who, by reason of failing to report a change in dependents, receives a City payment greater than the amount to which the employee he or she is entitled entitled, shall be liable for refunding the excess amounts received via a reduction in the amount paid to the employee’s Flexible Benefits Account in subsequent months. Changes to flexible benefit contributions associated with changes in an employee's number of dependents shall take effect at the start of the first pay period in the month following the month in which notice of the changes is received by the Human Resources Department. No retroactive increases to the Flexible Benefit Allowance provided by the City shall be allowed.
Appears in 1 contract
Samples: Memorandum of Understanding
Flexible Benefits Allowance. The City shall provide a contribution to the City’s flexible benefits plan (125 plan) for each full-time employee in regular or probationary status who is enrolled in one of the CalPERS medical insurance plans offered by the City. Employees can use this contribution to offset the cost of benefits purchased through the plan. The value of any flexible benefit allowance provided by the City under this Section shall be determined as follows:
A. Effective the pay period that includes July 1, 2015, the allowance provided to an eligible employee shall be equal to one hundred percent (100%) of 100%)of the premium cost for health insurance coverage based on the employee’s plan selection and participation level eligibility (e.g., Employee only coverage, Employee +1 coverage, or Employee +2 coverage), less the amount of any contribution provided under Section 7.01, Medical Insurance, 7.01 above. The City’s maximum contribution under this section Section shall not exceed the cost of one hundred percent (100%) of 100%)of the Bay Area Kaiser benefit plan as determined by the employee’s participation level, less the City’s contribution towards medical benefits under PEMHCA, except that that, in no event shall the sum of the City’s contribution pursuant to the provisions of this Section 7.01 and Section 7.01, Medical Insurance 7.02 of this Memorandum of Understanding exceed one hundred percent (100%) of the premium cost for the CalPERS medical insurance plan in which the employee is enrolled.
B. The City shall continue to provide a Flexible Benefit Allowance as provided in this Section unless amended or repealed by the City Council.
C. Contributions to an employee’s Flexible Benefits Account shall be used only for payment of those benefits that are available through the City’s Flexible Benefit Plan. The City will not treat any contributions made to the Flexible Benefits Plan as compensation subject to income tax withholding unless the Internal Revenue Service and/or the Franchise Tax Board indicates that such contributions are taxable income subject to withholding. Each employee shall be solely and personally responsible for any Federal, State, or local tax liability of the employee that may arise out of the implementation of this section Section or any penalty that may be imposed therefore.
D. Each employee shall file an election in writing during the month of open enrollment for medical insurance each year designating how the contributions in the employee’s his or her Flexible Benefit Account are to be spent during the ensuing year. Thereafter, no changes to designations so made shall be allowed until the enrollment of the following year, except for changes due to an eligible qualifying event.
E. Each employee shall be responsible for providing immediate written notice to the Human Resources Director or designee of any change to the number of the employee’s his or her dependents which would affect the amount of the City's payment to the Flexible Benefits Account. An employee who, by reason of failing to report a change in dependents, receives a City payment greater than the amount to which the employee he or she is entitled entitled, shall be liable for refunding the excess amounts received via a reduction in the amount paid to the employee’s Flexible Benefits Account in subsequent months. Changes to flexible benefit contributions associated with changes in an employee's number of dependents shall take effect at the start of the first pay period in the month following the month in which notice of the changes is received by the Human Resources Department. No retroactive increases to the Flexible Benefit Allowance provided by the City shall be allowed.
Appears in 1 contract
Samples: Memorandum of Understanding
Flexible Benefits Allowance. The City shall provide a contribution to the City’s flexible benefits plan Flexible Benefits Plan (125 planPlan) for each full-time employee in regular or probationary status who is enrolled in one of the CalPERS medical insurance plans offered by the City. Employees can use this contribution to offset the cost of benefits purchased through the plan125 Plan. The value of any flexible benefit allowance provided by the City under this Section shall be determined as follows: Each year, the City will review the premium charged for employee + 2 or more coverage (family coverage) under the Blue Shield HMO and Kaiser health insurance plans to determine the plan to be used for determining the amount of the City’s contribution to the 125 Plan. Contributions will be the greater of A or B as defined below:
A. Effective If the pay period that includes July 1, 2015premium for family level coverage under the Blue Shield HMO plan is greater than the premium for family level coverage under the Kaiser plan, the allowance provided to an eligible City’s maximum employer contribution for participation in any plan, at any participation level (employee only, employee +1, or employee +2 or more) shall be equal to one hundred percent (100%) of the premium cost for health insurance family coverage based on under the employeeBlue Shield HMO plan, which includes the City’s plan selection and participation level (e.g., Employee only coverage, Employee +1 coverage, or Employee +2 coverage), less the amount of any contribution provided under pursuant to Section 7.016.01, Medical Insurance, above. The City’s maximum contribution total contributions to an employee under the provisions of Section 6.01 and this section Section shall not exceed be the family level premium cost of one hundred percent (100%) of for Blue Shield HMO coverage or the Bay Area premium cost for the plan selected, whichever is less.
B. If the premium for family level coverage under the Kaiser benefit plan as determined by is greater than the employee’s participation levelpremium for family level coverage under the Blue Shield HMO plan, less the City’s maximum employer contribution towards medical benefits for any participation level of coverage (employee only, employee +1, or employee +2 or more) shall be equal to the premium for coverage under PEMHCAthe Kaiser plan, except that in no event shall the sum of which includes the City’s contribution pursuant to Section 6.01, Medical Insurance, above. The City’s total contributions to an employee under the provisions of Section 6.01 and this Section and Section 7.01, Medical Insurance of this Memorandum of Understanding exceed one hundred percent (100%) of shall be the family level premium cost for Kaiser coverage or the premium cost for the CalPERS medical insurance plan in which the employee selected, whichever is enrolled.
B. The City shall continue to provide a Flexible Benefit Allowance as provided in this Section unless amended or repealed by the City Council.
C. less. Contributions to an employee’s 's Flexible Benefits Account shall be used only for the payment of those benefits that are available through the City’s Flexible Benefit Plan. The City will not treat any contributions made to the Flexible Benefits Plan as compensation subject to income tax withholding unless the Internal Revenue Service (IRS) and/or the Franchise Tax Board indicates that such contributions are taxable income subject to withholding. Each employee shall be solely and personally responsible for any Federalfederal, Statestate, or local tax liability of the employee that may arise out of the implementation of this section Section or any penalty that may be imposed therefore.
D. . Each employee shall file an election in writing during the month of open enrollment for medical insurance each year designating how the contributions in to the employee’s Flexible Benefit Benefits Account are to be spent during the ensuing yeartwelve (12)-month period. Thereafter, no changes to designations so made shall be allowed until the open enrollment period of the following year, year except for changes due to an eligible qualifying event.
E. . Each employee shall be responsible for providing immediate written notice notification to the Human Resources Director or designee of any change to the number of the employee’s dependents which would affect the amount of the City's payment to the Flexible Benefits AccountAccount and/or direct payments made by the City for the payment of medical insurance premiums. An employee who, by reason of failing to report a change in dependents, receives a City payment greater than the amount to which the employee is entitled shall be liable for refunding the excess amounts received via a reduction in the amount paid to the employee’s Flexible Benefits Account in subsequent months. Changes to flexible benefit contributions payments associated with changes in an employee's number of dependents shall take effect at the start of the first pay period in the month following the month in which after notice of the changes change is received by the Human Resources Department. No retroactive increases to the Flexible Benefit Allowance provided by the City shall be allowed.
Appears in 1 contract
Samples: Memorandum of Understanding
Flexible Benefits Allowance. The City shall provide a contribution to the City’s flexible benefits plan (125 planPlan) for each full-time employee in regular or probationary status who is enrolled in one of the CalPERS PERS medical insurance plans offered by the City. Employees can use this contribution to offset the cost of benefits purchased through the plan. The value of any flexible benefit allowance provided by the City under this Section shall be determined as follows:
A. Effective the pay period that includes July 1, 2015, the Eligible employees shall receive an allowance provided to an eligible employee shall be equal to one hundred ninety percent (10090%) of the premium cost for Xxxxxx health insurance coverage based on the employee’s plan selection and participation level (e.g., Employee only coverage, Employee +1 + 1 coverage, or Employee +2 + 2 coverage), less the amount of any contribution provided under Section 7.016.01, Medical Insurance, above. The City’s maximum contribution under this section Section shall not exceed the cost of one hundred ninety percent (10090%) of the Bay Area Kaiser premium for the Xxxxxx benefit plan as determined by the employee’s participation level, less the City’s contribution towards medical benefits under the PEMHCA, except that in no event shall the sum of the City’s contribution 's contributions pursuant to the provisions of Sections 6.01, Medical Insurance, and this Section and Section 7.01, Medical Insurance of this Memorandum of Understanding exceed one hundred ninety percent (10090%) of the premium cost for the CalPERS PERS medical insurance plan in which the employee is enrolled.
B. The City shall continue to provide a Flexible Benefit Allowance Allowances as provided in this Section unless amended or repealed by the City Council.
C. Contributions to an employee’s 's Flexible Benefits Benefit Account shall be used only for payment of those benefits that are available through the City’s Flexible Benefit Benefits Plan. The City will not treat any contributions made to the Flexible Benefits Plan as compensation subject to income tax withholding unless the Internal Revenue Service and/or the Franchise Tax Board indicates that such contributions are taxable income subject to withholding. Each employee shall be solely and personally responsible for any Federalfederal, Statestate, or local tax liability of the employee that may arise out of the implementation of this section Section or any penalty that may be imposed therefore.
D. Each employee shall file an election in writing during the month of open enrollment for medical insurance each year designating how the contributions in the employee’s Flexible Benefit Benefits Account are to be spent during the ensuing year. Thereafter, no changes to designations so made shall be allowed until the enrollment of the following year, except for changes due to an eligible qualifying event.
E. Each employee shall be responsible for providing immediate written notice to the Director of Human Resources Director or designee of any change to the number of the employee’s dependents which would affect the amount of the City's payment to the Flexible Benefits Account. An employee who, by reason of failing to report a the change in dependents, receives a City payment greater than the amount to which the employee is entitled entitled, shall be liable for refunding the excess amounts received via a reduction in the amount paid to the employee’s 's Flexible Benefits Account in subsequent months. Changes to flexible benefit benefits contributions associated with changes in an employee's number of dependents shall take effect at the start of the first pay period in the month following the month in which notice of the changes change is received by the Human Resources Department. No retroactive increases to the Flexible Benefit Allowance provided by the City shall be allowed.
Appears in 1 contract
Samples: Memorandum of Understanding
Flexible Benefits Allowance. The City shall provide a contribution to the City’s flexible benefits plan (125 planPlan) for each full-time employee in regular or probationary status who is enrolled in one of the CalPERS PERS medical insurance plans offered by the City. Employees can use this contribution to offset the cost of benefits purchased through the plan. The value of any flexible benefit allowance provided by the City under this Section shall be determined as follows:
A. Effective the pay period that includes July 1, 2015, the Eligible employees shall receive an allowance provided to an eligible employee shall be equal to one hundred ninety percent (10090%) of the premium cost for Kaiser health insurance coverage based on the employee’s plan selection and participation level (e.g., Employee only coverage, Employee +1 + 1 coverage, or Employee +2 + 2 coverage), less the amount of any contribution provided under Section 7.016.01, Medical Insurance, above. The City’s maximum contribution under this section Section shall not exceed the cost of one hundred ninety percent (10090%) of the Bay Area premium for the Kaiser benefit plan as determined by the employee’s participation level, less the City’s contribution towards medical benefits under the PEMHCA, except that in no event shall the sum of the City’s contribution 's contributions pursuant to the provisions of Sections 6.01, Medical Insurance, and this Section and Section 7.01, Medical Insurance of this Memorandum of Understanding exceed one hundred ninety percent (10090%) of the premium cost for the CalPERS PERS medical insurance plan in which the employee is enrolled.
B. The City shall continue to provide a Flexible Benefit Allowance Allowances as provided in this Section unless amended or repealed by the City Council.
C. Contributions to an employee’s 's Flexible Benefits Benefit Account shall be used only for payment of those benefits that are available through the City’s Flexible Benefit Benefits Plan. The City will not treat any contributions made to the Flexible Benefits Plan as compensation subject to income tax withholding unless the Internal Revenue Service and/or the Franchise Tax Board indicates that such contributions are taxable income subject to withholding. Each employee shall be solely and personally responsible for any Federalfederal, Statestate, or local tax liability of the employee that may arise out of the implementation of this section Section or any penalty that may be imposed therefore.
D. Each employee shall file an election in writing during the month of open enrollment for medical insurance each year designating how the contributions in the employee’s Flexible Benefit Benefits Account are to be spent during the ensuing year. Thereafter, no changes to designations so made shall be allowed until the enrollment of the following year, except for changes due to an eligible qualifying event.
E. Each employee shall be responsible for providing immediate written notice to the Director of Human Resources Director or designee of any change to the number of the employee’s dependents which would affect the amount of the City's payment to the Flexible Benefits Account. An employee who, by reason of failing to report a the change in dependents, receives a City payment greater than the amount to which the employee is entitled entitled, shall be liable for refunding the excess amounts received via a reduction in the amount paid to the employee’s 's Flexible Benefits Account in subsequent months. Changes to flexible benefit benefits contributions associated with changes in an employee's number of dependents shall take effect at the start of the first pay period in the month following the month in which notice of the changes change is received by the Human Resources Department. No retroactive increases to the Flexible Benefit Allowance provided by the City shall be allowed.
Appears in 1 contract
Samples: Memorandum of Understanding