Flexible Health Benefit Programs Sample Clauses

Flexible Health Benefit Programs. The District will provide simple flexible non-cumulative spending accounts (Section 125 Plan) for health insurance premiums and non-reimbursed medical expenses. Employees who regularly work more than twenty (20) hours in a week over the course of a school year qualify for the flexible health benefit programs. The District will also, in January of each year, contribute for each employee into a Section 105 Plan. The amount per employee is $500 per year for the 2012-13 through the 2014-15 school years. Incidental employees are excluded from this plan. Any such program shall be in full compliance with the U.S. Internal Revenue Code and any pertinent Revenue Regulations. Any language in this Agreement which is not in compliance with the law and regulations is not effective to the extent that it is not in compliance.
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Flexible Health Benefit Programs. The District will provide simple flexible non-cumulative spending accounts (Section 125 Plan) for health insurance premiums and non-reimbursed medical expenses. Teaching assistants who regularly work more than twenty (20) hours in a week over the course of a school year qualify for the flexible health benefit programs. The District will also, in January of each year, contribute for each teaching assistant into a Section 105 Plan. The amount per teaching assistant is $500 per year for the 2009-10 through the 2011-12 school years. Any such program shall be in full compliance with the U.S. Internal Revenue Code and any pertinent Revenue Regulations. Any language in this Agreement which is not in compliance with the law and regulations is not effective to the extent that it is not in compliance. THIS AGREEMENT shall become effective on July 1, 2008 and shall continue in effect until midnight, June 30, 2011. The agreement shall remain effective from year to year hereafter unless on or before February 1, prior to the expiration date, either party gives notice to the other of its intent to negotiate. The parties shall meet no later than fifteen (15) days after such notice. THIS AGREEMENT constitutes the entire agreement between the parties. In witness whereof, the parties hereto have set their hands and seals this 25th day of June, 2008. Xxxxx X. Xxxxxxxxxx Xxxxx Xxxx, President Superintendent of Schools Livonia Teacher’s Association This affidavit is made for the purpose of claiming health and dental insurance benefits for a domestic partner of a qualified teaching assistant presently working for the Livonia Central School District. For the purpose of this affidavit domestic partners are two adults at least 18 years of age who have chosen to share one another’s lives in an intimate and committed relationship of mutual caring, who live together, who have agreed to be jointly responsible for the expenses incurred during the domestic partnership. The undersigned employee and domestic partner, being duly sworn, hereby individually and jointly declare and agree: 1. That (employee’s name) is presently an employee of Livonia Central School District and qualifies for health and dental insurance benefits as described in Article 7 of the agreement between the Livonia Central School District and the Livonia Teachers’ Association, and the (domestic partner’s name) is living with the employee in a domestic partnership as hereafter described. 2. We are both at least eighteen ...
Flexible Health Benefit Programs. The District will provide simple flexible non-cumulative spending accounts (Section 125 Plan) for health insurance premiums and non-reimbursed medical expenses. Teaching assistants who regularly work more than twenty (20) hours in a week over the course of a school year qualify for the flexible health benefit programs. The District will also, in January of each year, contribute for each teaching assistant into a Section 105 Plan. The amount per teaching assistant is $500 per year. Any such program shall be in full compliance with the U.S. Internal Revenue Code and any pertinent Revenue Regulations. Any language in this Agreement which is not in compliance with the law and regulations is not effective to the extent that it is not in compliance. THIS AGREEMENT shall become effective on January 22, 2013 and shall continue in effect until midnight, June 30, 2016. The agreement shall remain effective from year to year hereafter unless on or before February 1, prior to the expiration date, either party gives notice to the other of its intent to negotiate. The parties shall meet no later than fifteen (15) days after such notice. THIS AGREEMENT constitutes the entire agreement between the parties. In witness whereof, the parties hereto have set their hands and seals this 22nd day of January, 2013. Xxxxx X. Xxxxxxxxxx Xxxxxx Xxxxx, President Superintendent of Schools Livonia Teachers’ Association Appendix A Salaries – shall be as follows:

Related to Flexible Health Benefit Programs

  • Benefit Programs The Executive shall be eligible to participate in any plans, programs or forms of compensation or benefits that the Company or the Company’s subsidiaries provide to the class of employees that includes the Executive, on a basis not less favorable than that provided to such class of employees, including, without limitation, group medical, disability and life insurance, paid time-off, and retirement plan, subject to the terms and conditions of such plans, programs or forms of compensation or benefits.

  • Retiree Health Benefits 1. There is currently in effect a retiree health benefit program for retired members of LACERS under LAAC Division 4, Chapter 11. All covered employees who are members of LACERS, regardless of retirement tier, shall contribute to LACERS four percent (4%) of their pre-tax compensation earnable toward vested retiree health benefits as provided by this program. The retiree health benefit available under this program is a vested benefit for all covered employees who make this contribution, including employees enrolled in LACERS Tier 3. 2. With regard to LACERS Tier 1, as provided by LAAC Section 4.1111, the monthly Maximum Medical Plan Premium Subsidy, which represents the Kaiser 2-party non-Medicare Part A and Part B premium, is vested for all members who made the additional contributions authorized by LAAC Section 4.1003(c). 3. Additionally, with regard to Tier 1 members who made the additional contribution authorized by LAAC Section 4.1003(c), the maximum amount of the annual increase authorized in LAAC Section 4.1111(b) is a vested benefit that shall be granted by the LACERS Board. 4. With regard to LACERS Tier 3, the Implementing Ordinance shall provide that all Tier 3 members shall contribute to LACERS four percent (4%) of their pre-tax compensation earnable toward vested retiree health benefits, and shall amend LAAC Division 4, Chapter 11 to provide the same vested benefits to all Tier 3 members as currently are provided to Tier 1 members who make the same four percent (4%) contribution to LACERS under the retiree health benefit program. 5. The entitlement to retiree health benefits under this provision shall be subject to the rules under LAAC Division 4, Chapter 11 in effect as of the effective date of this provision, and the rules that shall be placed into LAAC Division 4, Chapters 10 and 11, with regard to Tier 3, by the Implementing Ordinance. 6. As further provided herein, the amount of employee contributions is subject to bargaining in future MOU negotiations. 7. The vesting schedule for the Maximum Medical Plan Premium Subsidy for employees enrolled in LACERS Tier 1 and LACERS Tier 3 shall be the same. 8. Employees whose Health Service Credit, as defined in LAAC Division 4, Chapter 11, is based on periods of part-time and less than full-time employment, shall receive full, rather than prorated, Health Service Credit for periods of service. The monthly retiree medical subsidy amount to which these employees are entitled shall be prorated based on the extent to which their service credit is prorated due to their less than full time status.

  • Compensation/Benefit Programs During the Term of Employment, the Executive shall be entitled to participate in all medical, dental, hospitalization, accidental death and dismemberment, disability, travel and life insurance plans, and any and all other plans as are presently and hereinafter offered by the Company to its executive personnel, including savings, pension, profit-sharing and deferred compensation plans, subject to the general eligibility and participation provisions set forth in such plans.

  • Employee Benefit Programs During the Employment Term, the Executive shall be entitled to participate in all employee pension and welfare benefit plans and programs made available to the Company’s senior level executives.

  • Health Benefits For the eighteen (18) month period following the Termination Date, provided that Executive is eligible for, and timely elects COBRA continuation coverage, the Company will pay on Executive’s behalf, the monthly cost of COBRA continuation coverage under the Company’s group health plan for Executive and, where applicable, her spouse and dependents, at the level in effect as of the Termination Date, adjusted for any increase in such level paid by the Company for active employees, less the employee portion of the applicable premiums that Executive would have paid had she remained employed during the such eighteen (18) month period (the COBRA continuation coverage period shall run concurrently with the eighteen (18) month period that COBRA premium payments are made on Executive’s behalf under this subsection 1(a)(ii)). The reimbursements described herein shall be paid in monthly installments, commencing on the sixtieth (60th) day following the Termination Date, provided that the first such installment payment shall include any unpaid reimbursements that would have been made during the first sixty (60) days following the Termination Date. Notwithstanding the foregoing, the Company’s payment of the monthly COBRA premiums in accordance with this subsection 1(a)(ii) shall cease immediately upon the earlier of: (A) the end of the eighteen (18) month period following the Termination Date, or (B) the date that Executive is eligible for comparable coverage with a subsequent employer. Executive agrees to notify the Company in writing immediately if subsequent employment is accepted prior to the end of the eighteen (18) month period following the Termination Date and Executive agrees to repay to the Company any COBRA premium amount paid on Executive’s behalf during such period for any period of employment during which group health coverage is available through a subsequent employer. Notwithstanding the foregoing, the Company reserves the right to restructure the foregoing COBRA premium payment arrangement in any manner necessary or appropriate to avoid fines, penalties or negative tax consequences to the Company or Executive (including, without limitation, to avoid any penalty imposed for violation of the nondiscrimination requirements under the Patient Protection and Affordable Care Act or the guidance issued thereunder), as determined by the Company in its sole and absolute discretion.

  • EMPLOYEE BENEFIT PROGRAM (i) During the TERM, the EMPLOYEE shall be entitled to participate in all formally established employee benefit, bonus, pension and profit-sharing plans and similar programs that are maintained by the EMPLOYERS from time to time, including programs in respect of group health, disability or life insurance, reimbursement of membership fees in civic, social and professional organizations and all employee benefit plans or programs hereafter adopted in writing by the Boards of Directors of the EMPLOYERS, for which senior management personnel are eligible, including any employee stock ownership plan, stock option plan or other stock benefit plan (hereinafter collectively referred to as the "BENEFIT PLANS"). Notwithstanding the foregoing sentence, the EMPLOYERS may discontinue or terminate at any time any such BENEFIT PLANS, now existing or hereafter adopted, to the extent permitted by the terms of such plans and shall not be required to compensate the EMPLOYEE for such discontinuance or termination. (ii) After the expiration of the TERM or the termination of the employment of the employee for any reason other than JUST CAUSE (as defined hereinafter), the EMPLOYERS shall provide a group health insurance program in which the EMPLOYEE and her spouse will be eligible to participate and which shall provide substantially the same benefits as are available to retired employees of the EMPLOYERS on the date of this AGREEMENT until both the EMPLOYEE and her spouse become 65 years of age; provided, however that all premiums for such program shall be paid equally by the EMPLOYERS and the EMPLOYEE and/or her spouse after the EMPLOYEE's retirement; provided further, however, that the EMPLOYEE may only participate in such program for as long as the EMPLOYERS elect in their sole discretion to make available an employee group health insurance program which permits the EMPLOYERS to make coverage available for retirees.

  • Health & Welfare Benefits Executive shall be eligible to participate in all health and welfare benefits provided generally to other employees of the Company.

  • Retiree Health Insurance Retired members of the Department receiving, or to receive City of Lincoln monthly pension checks, may participate in the group comprehensive health care plan for active City employees, provided that each retiree so desiring will execute the required forms in a timely fashion, and further provided that each retiree will be required to pay the full monthly cost at the current rates subject to any rate increases which may occur from time to time. Such payment will be made by payroll deduction from pension checks, or by direct payment in the case of an early retiree.

  • Health Plans A. The health plans offered and benefits provided by those plans shall be those recommended by the JLMBC, approved by the City Council, and administered by the Personnel Department in accordance with LAAC Section 4.

  • Health Plan An appropriately licensed entity that has entered into a contract with Subcontractor, either directly or indirectly, under which Subcontractor provides certain administrative services for Health Plan pursuant to the State Contract. For purposes of this Appendix, Health Plan refers to UnitedHealthcare Insurance Company.

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