Common use of Fringe Benefit Eligibility Clause in Contracts

Fringe Benefit Eligibility. Teachers must be employed at least one-half time to receive pro-rated benefits (50% of the premium cost) for which they are eligible. Teachers working more than half-time but less than full-time will receive pro-rated benefits for coverage in which they qualify (ex. a two-thirds time teacher would qualify for 67% of premium cost). The same formula will apply to part-time teachers who opt to forego the hospital medical insurance (ex. a two-thirds time teacher electing not to receive hospital medical insurance will receive 67% of the negotiated cash in lieu amount).

Fringe Benefit Eligibility. Teachers must be employed at least one-half time to receive pro-rated benefits (50% of the premium cost) for which they are eligible. Teachers working more than half-time but less than full-time will receive pro-rated benefits for coverage in which they qualify (ex. a two-two- thirds time teacher would qualify for 67% of premium cost). The same formula will apply to part-time teachers who opt to forego the hospital medical insurance (ex. a two-thirds time teacher electing not to receive hospital medical insurance will receive 67% of the negotiated cash in lieu amount).

Fringe Benefit Eligibility. Teachers must be employed at least one-half time to receive pro-rated benefits (50% of the premium cost) for which they are eligible. Teachers working more than half-time but less than full-time will receive pro-rated benefits for coverage in which they qualify (ex. a two-thirds time teacher would qualify for 67% of premium cost). The same formula will apply to part-time teachers who opt to forego the hospital medical insurance (ex. a two-thirds time teacher electing not to receive hospital medical insurance will receive 67% of the negotiated cash in lieu amount). Employees working more than one-half time will receive full benefits for coverage’s in which they qualify.