Common use of Flexible Spending Health, Dependent Care and Life Insurance Clause in Contracts

Flexible Spending Health, Dependent Care and Life Insurance. For persons that enroll in a District offered health plan, cafeteria plan amounts not exhausted for the purchase of health insurance or received as cash as set forth in Sections 12.3(a) and (b) may be allocated toward Flexible Spending Health and Dependent Care and/or employee group term life insurance up to the IRS limits for benefits provided under a cafeteria plan. A full month’s cafeteria contribution will be paid for each month the employee is eligible for a healthcare plan through the District. As benefits are paid a month in advance, this would include the first and last month of employment. This does not include time in which an employee is in unpaid status or is eligible for COBRA benefits. The District’s total maximum contribution towards medical premiums for eligible part-time employees shall be pro-rated based on the number of hours per week the part-time employee is assigned to work. For Affordable Care Act (ACA) health benefit eligibility, the initial measurement period shall be the first 90 days of employment. Employees averaging above 30 hours of employment, shall be offered health benefits in accordance with law and pro-rated based on their percentage of full- time employment.

Appears in 4 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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