Full-Time Employee Premium Contribution Sample Clauses

Full-Time Employee Premium Contribution a. Effective January 1, 2017, all participating active full-time FACULTY MEMBERS shall contribute on a pre-tax basis, through bi-weekly payroll deductions, at a flat rate of eighteen percent (18%) of the STATE SYSTEM’S expected costs developed by the plan administrator for the type of contract for the chosen health and prescription drug plan for the fiscal year. This amount shall be adjusted annually in accordance with the premium reconciliation plan set forth in paragraph A.3.g. of this Article and Appendix N to this Agreement.
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Full-Time Employee Premium Contribution a. Effective July 1, 2010, all participating active full-time FACULTY MEMBERS shall contribute on a pre-tax basis, through bi-weekly payroll deductions, at a flat rate of fifteen percent (15%) of the STATE SYSTEM’S expected costs developed by the plan administrator for the type of contract for the chosen health and prescription drug plan for the fiscal year. Effective January 1, 2017, all participating active full-time FACULTY MEMBERS shall contribute on a pre-tax basis, through bi-weekly payroll deductions, at a flat rate of eighteen percent (18%) of the STATE SYSTEM’S expected costs developed by the plan administrator for the type of contract for the chosen health and prescription drug plan for the fiscal year. This amount shall be adjusted annually in accordance with the premium reconciliation plan set forth in paragraph A.3.g. of this Article.
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Related to Full-Time Employee Premium Contribution

  • Regular Full-Time Employee A regular full-time employee is defined as one in respect of whom there is a regular schedule of work providing 70 hours of work biweekly.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law.

  • Regular Full-Time Employees A regular full-time employee is one who works full-time on a regularly scheduled basis. Regular full-time employees accumulate seniority and are entitled to all benefits outlined in this Collective Agreement.

  • Full-Time Employee A full-time employee shall be an employee who is normally scheduled to work not less than forty (40) hours per week, consisting of five (5) eight (8) hour working days.

  • Full-Time Employees A full-time employee is one engaged as such and whose ordinary hours of work average 38 hours per week. The employee’s ordinary hours of work will not exceed an average of 38 hours per week over a 4 week period. Although the actual hours of work may vary from week to week, with some weeks greater than 38 hours and other weeks less, the employee will not work in excess of 152 ordinary hours in any four week period.

  • Full Employer Contribution - Basic Eligibility Employees covered by this Agreement who are scheduled to work at least seventy-five (75) percent of the time are eligible for the full Employer Contribution. This means:

  • Permanent Full-Time Employees Pay and benefits will be computed on a monthly pay status basis.

  • Full-Time Equivalent (FTE) and Employer Contributions a) The FTE used to determine the Board’s benefits contributions will be based on the average of the Board’s FTE as of October 31st and March 31st of each year.

  • Full-Time Employment A full-time Employee is one who is engaged to work 38 hours per week or an average of 38 hours per week pursuant to clause 26(a) of the Agreement.

  • Retirement Contribution The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay the cost of the 6.5% or 7.5% retirement contribution for employees in the following classifications. Corrections Firearms Instructor Oil & Hazardous Material Responder I Oil & Hazardous Material Responder II

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