Common use of Fringe Benefit Clause in Contracts

Fringe Benefit. For all Employees subject to this Agreement employed by the Xxxxxx Public School District employed at any time after January 1, 2012, the District shall pay such Employee a Fringe Benefit of $787.50 for 2019-2020 per month and $833.33 for 2020-2021 per month for the school year per full-time certificated employee as part of the salary package. An Employee hired at any time prior to or during the 2011-2012 school year may make a one-time irrevocable election to receive the Fringe Benefit. Certificated staff working half-time or more will have their Fringe Benefit figured on the percentage of time contracted. The Fringe Benefit for employment for less than the entire school year shall be calculated on the contract days employed divided by 186. Less than half-time certificated employees will not be eligible for the Fringe Benefit. Payment of the Fringe Benefit will be made monthly for 12 months. Employees may elect to receive the fringe benefit as a cash payment, applied against the purchase of additional health and dental coverage, moved to a section 125 plan, or deposited into the HSA or a combination of the aforementioned plans. The Fringe Benefit is NOT compensation under Neb. Rev.

Fringe Benefit. For all Employees subject to this Agreement employed by the Xxxxxx Gering Public School District employed at any time after January 1, 2012, the District shall pay such Employee a Fringe Benefit of $787.50 for 2019-2020 per month and $833.33 for 2020-2021 per month for the school year per full-time certificated employee as part of the salary package. An Employee hired at any time prior to or during the 2011-2012 school year may make a one-time irrevocable election to receive the Fringe Benefit. Certificated staff working half-time or more will have their Fringe Benefit figured on the percentage of time contracted. The Fringe Benefit for employment for less than the entire school year shall be calculated on the contract days employed divided by 186. Less than half-time certificated employees will not be eligible for the Fringe Benefit. Payment of the Fringe Benefit will be made monthly for 12 months. Employees may elect to receive the fringe benefit as a cash payment, applied against the purchase of additional health and dental coverage, moved to a section 125 plan, or deposited into the HSA or a combination of the aforementioned plans. The Fringe Benefit is NOT compensation under Neb. Rev.

Fringe Benefit. For all Employees subject to this Agreement employed by the Xxxxxx Gering Public School District employed at any time after January 1, 2012, the District shall pay such Employee a Fringe Benefit amount of $787.50 for 2019-2020 833.33 per month and $833.33 for 2020-2021 per month for the school year per full-time certificated employee as part of the salary packagepackage for 2021-2022 school year. An Employee hired at any time prior to or during the 2011-2012 school year may make a one-time irrevocable election to receive the Fringe Benefit. Certificated staff working half-time or more will have their Fringe Benefit figured on the percentage of time contracted. The Fringe Benefit for employment for less than the entire school year shall be calculated on the contract days employed divided by 186189. Less than half-time certificated employees will not be eligible for the Fringe Benefit. Payment of the Fringe Benefit will be made monthly for 12 months. Employees may elect to receive the fringe benefit as a cash payment, applied against the purchase of additional health and dental coverage, moved to a section 125 plan, or deposited into the HSA or a combination of the aforementioned plans. The Fringe Benefit is NOT compensation under Neb. Rev.Rev. Stat. §79-902(35) and is NOT subject to the withholding of the employer and employee contribution to the Nebraska Public Employees Retirement System (NPERS).