FLEXIBLE BENEFITS PROGRAM Sample Clauses
FLEXIBLE BENEFITS PROGRAM. All employees covered by this agreement are eligible to participate in CMU Choices, the University's Flexible Benefit Program.
FLEXIBLE BENEFITS PROGRAM. 25.1 Employees represented by the CPOA will participate in a flexible benefits program that includes medical insurance, dental insurance, vision insurance, AD&D insurance and flexible spending accounts (FSAs). Each of these components is outlined below.
FLEXIBLE BENEFITS PROGRAM. During the term of this MOU, the City will provide benefits in accordance with the Civilian Modified Flexible Benefits Program (“Flex Program”) and any modifications thereto as recommended by the Joint Labor-Management Benefits Committee (“JLMBC”) and approved by the City Council. During the term of this MOU, the City agrees that it will not unilaterally impose a reduction in plan design or benefits for any benefit plan applicable to employees covered by this MOU. Nothing in this MOU, however, shall prevent the parties from jointly reaching agreement on plan design or benefits applicable to employees covered by this MOU. Additionally, nothing in this MOU constitutes a waiver by the Union or the City with respect to making changes to plan design or benefits. If there are any discrepancies between the benefits described herein and the Flex Program approved by the JLMBC, the Flex Program benefits will take precedence.
FLEXIBLE BENEFITS PROGRAM. OP45-1 All employees covered by this agreement are eligible to participate in CMU Choices, the University’s Flexible Benefit Program, or under another plan providing comparable benefits if mutually agreed to between the University and the Union’s representatives. OP45-2 In CMU Choices, each employee will have the opportunity upon hire to select from the current options. An annual open enrollment period will be held to afford employees the opportunity to change their selections. Employees may make changes during the year if they have a benefits status change (e.g., birth, death, marriage, adoption, etc.). These status changes must be made in the Benefits and Wellness Office within thirty (30) calendar days of the event. Status changes must be made on a prospective basis except for those relating to birth, adoption or placement for adoption. OP45-3 Employees are eligible for medical/prescription drug, dental, flexible spending account, health savings account, life insurance/accidental death & dismemberment, long-term disability, short- term disability and dependent life insurance/accidental death & dismemberment immediately on date of hire. All benefits terminate on the last day of employment OP45-4 Employees will not be allowed to carry duplicate health coverage (medical/prescription drug, dental and vision) for themselves, their spouse or their dependents through the University. OP45-5 An employee whose spouse is also employed by the University will not be permitted to combine their respective University contribution for the purchase of higher cost benefits. OP45-6 If the employee’s spouse does not work at the University and the spouse’s employer offers medical/prescription drug and dental insurance coverage, the spouse must sign up for insurance coverage (at least single subscriber) with their employer before they can be covered on University policies. OP45-7 Employees whose regular appointment is for less than twelve (12) months will be considered part-time employees, even if they work forty (40) hours per week. As part-time employees, they will be eligible for a reduced contribution for health insurance and will not receive any University contribution for dental insurance. They will receive the University contribution for all twelve (12) months as long as they remain employed by the University. OP45-9 Refer to Appendix “C” for examples of benefits available under the current CMU Choices program. Additional details are available on the University’s Benef...
FLEXIBLE BENEFITS PROGRAM. This gives you the opportunity to choose from a variety of options creating a customized benefits package. The following benefits are part of the program. In each of these areas, you are offered a range of options so you may choose the ones that make the most sense for your personal situation. · Medical · Dental · Life & AD&D Insurance · Long-term Disability · Health Care and Dependent Care Flexible Spending Accounts (FSAs) In addition to these flexible benefits, Quaker also offers the following benefit plans: · Retirement Savings Plan (401K)
FLEXIBLE BENEFITS PROGRAM. §1 The Hospital shall continue to offer full-time and part-time employees with regularly scheduled hours of forty (40) or more per pay period the opportunity to participate in the Care New England Hospital Flexible Benefits Program (“CNE Flexible Benefit Plan”), the benefits of which are generally described in Articles 38 through 42. The ability of the employee to select benefits levels will be governed by the plan.
FLEXIBLE BENEFITS PROGRAM. HEALTH PLAN OPTIONS All full-time regular employees shall be provided with comprehensive medical insurance coverage through the Flexible Benefits Program as offered by the City of Rochester.
a) The City’s contribution to medical insurance premiums shall be limited to 80% of the ABSOS20/40/1KDED-RX10/20/45 Anthem Blue Site of Service plan $1000/3000 deductible Co-pays: $20 office visits; $40 specialist visits, $100 emergency room, $50 urgent care RX co-pays: $10/20/45 34-day retail or 90-day mail order The employee share of premiums shall be paid by the individual employee through payroll deductions. The City and the Union agree that the City reserves the right to select and substitute alternative health plans to replace the existing health plans identified above. Such alternative plans must provide employees with services that are equal or comparable to the above mentioned plans. The Union will also agree that the City may add any other plans as long as the plans are optional. Employees that have medical coverage through their spouse may choose to “opt out” or “opt down” of participation in the City-sponsored plan. If employees opt out or opt down, they will receive a portion of the monthly premium savings that can be used to offset the cost of other benefits or receive it as taxable compensation in their paychecks throughout the year. The amount the employee can receive depends on their eligible coverage level, as shown in this chart: Family Coverage $2,400 2-Person Coverage $1,600 Single Coverage $1,000 Family to Single Coverage $1,200 Family to 2-Person Coverage $750 2-Person to Single Coverage $750 *Eligible coverage level refers to the number of eligible dependents the employee has. To opt out, employees must provide proof of comprehensive insurance coverage elsewhere. The parties reserve the limited right to re-open this agreement in the event that unanticipated changes in health insurance regulations and/or costs substantially increase, alter or impair the financial obligations of the parties or subject its health insurance plans to fines, taxes and/or penalties. Nothing herein shall obligate either party to reach agreement on any change after the reopening of the agreement and if no agreement is reached then the current agreement shall remain in full force and effect. REIMBURSEMENT ACCOUNTS Reimbursement accounts offer a tax effective way to pay certain healthcare and dependent care expenses. Two types of reimbursement accounts are available to...
FLEXIBLE BENEFITS PROGRAM. Employees represented by the CFA, Inc. will participate in a flexible benefits program which includes medical insurance, dental insurance, vision insurance, accidental death and dismemberment insurance (AD&D) and flexible spending accounts (FSAs). Each of these components is outlined below.
FLEXIBLE BENEFITS 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 Benefits 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:
FLEXIBLE BENEFITS PROGRAM. A. The State agrees to provide a Flexible Benefits Program under section 125 and related sections 129, 213 (d), and 105 (b) of the Internal Revenue Code. All participants in the FlexElect Program shall be subject to all applicable Federal statutes and rules; and any related administrative provisions adopted by the CalHR. All eligible employees must work one-half time or more and have permanent status or if a limited-term or TAU appointment, must have mandatory return rights to a permanent position.
B. Permanent Intermittent Eligibility: Permanent Intermittent (PI) employees may only participate in the Pre-Tax Premium and/or Cash Option for medical and/or dental insurance. PI's choosing the Pre-Tax Premium must qualify for State medical and/or dental benefits. PI's choosing the Cash Option will qualify if they work at least one-half time, have an appointment for more than six (6) months, and receive credit for a minimum of four hundred eighty (480) paid hours within the six (6) month control period of January 1 through June 30 of the plan year in which they are enrolled. C. This section is not grievable or arbitrable.
C. This section is not grievable or arbitrable.