Grandfathered Medical Buyout Sample Clauses

Grandfathered Medical Buyout. 41 Employees who received an insurance buyout in August 2020 will be eligible for 42 continued buyout until their eligibility ends. The following payments apply: 44 $3,000 per year to drop family coverage 45 $1,000 per year to drop single coverage 2 (Employees taking the buyout are still eligible for Plan III, Life Insurance and 3 Vision plans). 5 If two employees of the district are married and one drops coverage to go on the 6 family coverage of the other, he/she is not eligible for the buyout. 8 Payments will be made in a lump sum payment in a separate check in the August 9 special pay. 11 At any time an employee chooses to enroll in medical insurance plans offered by 12 the district, this buyout terminates and cannot be reactivated. 14 Article #23. Retirement Pay 16 1. 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 2. 34 35 36 37 38 39 40 41 42 43 44 45 46 Each bargaining group member of the Xxxxxx City Schools who have completed ten
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Related to Grandfathered Medical Buyout

  • Grandfathered Services Services identified in GTE Tariffs as grandfathered in any manner are available for resale only to end user customers that already have such grandfathered service. An existing end user customer may not move a grandfathered service to a new service location. Grandfathered services are subject to a resale discount.

  • Supplemental Employment Benefit for Maternity and Parental Leave 8.5.1 Effective April 1, 2002, when on maternity or parental leave, an employee will receive a supplemental payment added to Employment Insurance benefits as follows:

  • Pension Contributions While on Short Term Disability Contributions for OMERS Plan Members When an employee/plan member is on short-term sick leave and receiving less than 100% of regular salary, the Board will continue to deduct and remit OMERS contributions based on 100% of the employee/plan member’s regular pay.

  • RETIREMENT PICK-UP 257. For the term of this Agreement, the CITY shall pick up the full amount of the employees’ contribution to retirement.

  • Public Employees Retirement System “PERS”) Members. For purposes of this Section 1, “employee” means an employee who is employed by the State on August 28, 2003 and who is eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • Casual Employee Casual employee means a part-time employee who is not normally scheduled to work but who may be called in to work to provide coverage as required.

  • Probation for Newly Hired Employees (a) The Employer may reject a probationary employee for just cause. A rejection during probation shall not be considered a dismissal for the purpose of Article 11.2

  • Oregon Public Service Retirement Plan Pension Program Members For purposes of this Section 2, “employee” means an employee who is employed by the State on or after August 29, 2003 and who is not eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • Casual Employees A casual employee is one who is not regularly scheduled to work other than during periods that such employee shall relieve a regular full-time or regular part-time employee. Casual employees accumulate seniority on an hourly basis and are entitled to such benefits as are contained in the “Addendum - Casual Employees”.

  • Short-Term Plan Benefit (a) In the event an employee is unable to work because of illness or injury he/she will be entitled to a benefit of seventy-five percent (75%) of pay for a period not to exceed seven (7) months from date of absence, (Short Term Plan Period).

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