FMC Plan Sample Clauses

FMC Plan. Effective upon ratification of this Agreement and until the expiration date, eligible bargaining unit employees may elect to participate in Medical, Prescription Drug and Dental Benefits under the IBEW/NECA Family Medical Care Plan (“FMC Plan”), Plan 16. Participation will be on a contributory basis. Monthly Premiums for the 2022 Plan Year, until the expiration of this Agreement, will be divided between the Company and covered bargaining unit employees as follows:: Tier Total FMC Plan Monthly Premium 2022 Company Monthly Contribution 2022 % 2022 EE Monthly Contribution 2022 % Single $844.68 $677.26 80.18% $167.42 19.82% EE + Spouse $1,602.54 $1,284.92 80.18% $317.62 19.82% EE + Children $1,497.11 $1,200.38 80.18% $296.73 19.82% EE + Family $2,223.97 $1,783.18 80.18% $440.79 19.82%
Sample 1
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FMC Plan. Effective as of August 10, 2018 and until the expiration date, eligible bargaining unit employees may elect to participate in Medical, Prescription Drug and Dental Benefits under the IBEW/NECA Family Medical Care Plan (“FMC Plan”), Plan 16. Participation will be on a contributory basis. Monthly Premiums for the 2018 Plan Year, until the expiration of this Agreement, will be divided between the Company and covered bargaining unit employees as follows: Tier Total FMC Plan Monthly Premium 2018 Company Monthly Contribution 2018% 2018 EE Monthly Contribution 2018% Single $752.66 $626.08 83.18% $126.58 16.82% EE + Spouse $1427.96 $1187.82 83.18% $240.14 16.82% EE + Children $1334.01 $1109.67 83.18% $224.34 16.82% EE + Family $1981.68 $1,648.41 83.18% $333.27 16.82%
Sample 1

Related to FMC Plan

  • RETIREE HEALTH SAVINGS PLAN Effective, December 24, 2006, or as soon as administratively possible, the County shall establish a retiree health savings plan (RHSP) by contributing an amount of $25.00 to the employee’s RHSP each biweekly pay period.

  • 125 Plan The Board will maintain a Section 125 plan for premiums only in addition to a flexible account that includes eligible medical expenses and dependent care expenses with participating employees paying whatever the administrative charge is to run the 125 Plan.

  • WELFARE PLAN Section 1: The Plan There shall be a Welfare Plan pursuant to the terms and conditions of Exhibit "C", which is attached hereto and forms part of this Agreement. Membership in the Plan for all eligible employees shall be a condition of employment on and after July 1, 1973.

  • SEB Plan The parties agree to establish and administer a Supplemental Employment Benefits Plan (the “Plan”) as follows:

  • Plan The Award and all rights of the Participant under this Agreement are subject to the terms and conditions of the provisions of the Plan, incorporated herein by reference. The Participant agrees to be bound by the terms of the Plan and this Agreement. The Participant acknowledges having read and understanding the Plan, the Prospectus for the Plan, and this Agreement. Unless otherwise expressly provided in other sections of this Agreement, provisions of the Plan that confer discretionary authority on the Board or the Administrator do not (and shall not be deemed to) create any rights in the Participant unless such rights are expressly set forth herein or are otherwise in the sole discretion of the Board or the Administrator so conferred by appropriate action of the Board or the Administrator under the Plan after the date hereof.

  • Savings Plan Executive will be eligible to enroll and participate, and be immediately vested in, all Company savings and retirement plans, including any 401(k) plans, as are available from time to time to other key executive employees.

  • Meal Plan The Student who resides in a university residence hall is required to purchase a full residential dining plan (commuter plans are not acceptable). The Student who resides in Bobcat Village may choose either a residential or a commuter plan, but is not obligated to make a dining plan purchase due to availability of kitchen in each apartment unit.

  • Dental Plan (a) The Employer shall pay the monthly premium for employees entitled to coverage under a mutually acceptable plan which provides:

  • Group Dental Plan Upon proper application, Benefit Eligible Employees will be enrolled, along with their eligible dependents, in the Employer's group dental plan and will be provided with the coverages specified therein. The Employer will pay the required premiums for the plan on a single/family composite basis.

  • Retirement Savings Plan Within fifteen (15) days after the date of Termination of Employment, the Company shall pay to Employee a cash payment in an amount, if any, necessary to compensate Employee for the Employee’s unvested interests under the Company’s retirement savings plan which are forfeited by Employee in connection with the Termination of Employment.

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