Group Insurance Plan. The carriers, coverage, and terms and conditions of participation under the District’s Group Insurance Plan are subject to change in accordance with the applicable provisions of Title I, Division 4, Chapter 10 of the California Government Code (Section 3500 et seq.) (Xxxxxx‐Milias‐Xxxxx Act).
a. The District contracts with CalPERS for health plan coverage for all regular and newly hired employees (eligibility to be defined by the “CalPERS health plan”). Booklets on the insurance plans will be available to all participants.
b. Employees may choose from the available plans offered by CalPERS. Additional premiums will be borne by the employee through payroll deductions and paid to CalPERS by the District each month; and the additional cost for monthly premiums will be deducted evenly from the first and second payroll period of each month. To the extent allowed by law, the District will attempt to deduct the employee’s premium contribution from pre‐tax dollars.
Group Insurance Plan. All academic staff members who qualify for benefits in accordance with Articles 23.5.1.1 and 23.5.1.2 shall be provided, at College expense, with the basic group insurance coverage of two times annual salary or a minimum of $50,000 and may apply for additional coverage at their own expense.
Group Insurance Plan. Employees with a minimum of ten (10) years of service with the Board retiring prior to Medicare eligibility may elect to remain in the Group Insurance Program until they become eligible for Medicare; rates applicable to the entire group; the cost of such insurance shall be borne by the retiree, except that the Board shall provide without charge for collection and remittance of premiums for such insurance. Applications must be submitted within thirty (30) days of retirement.
Group Insurance Plan. All academic staff members who qualify for benefits in accordance with Articles 23.5.2.1 and
Group Insurance Plan. Effective with the signing of this Agreement, all Employees, present and future shall become eligible for the Group Life Policy of the Company instituted October 1st, 1979. If you have completed three (3) months or more of service, you will be insured for an amount equal to one and one half (1 ½) times your basic annual salary. All Employees, present and future shall become eligible for the Group Accidental Death and Dismemberment (A D & D) policy of the Company. Upon completion of three (3) months or more of service, you will be insured for an amount equal to one and one half (1 ½) times your basic salary. The total cost of these plans will be paid by the Company.
Group Insurance Plan. Employees covered by the District’s insurance plan(s) upon retiring from the District may elect to remain in the Group Insurance Program at the rates applicable to the entire group. The cost of such insurance shall be borne by the retiree, except that the District shall provide without charge for collection and remittance of premiums for such insurance. Applications must be submitted within thirty (30) days of retirement.
Group Insurance Plan. Each permanent employee, from the conclusion of the elimination period, shall be covered by a term life insurance policy equal to one times the employee’s annual salary with a minimum coverage of $25,000, with the premium paid by the Employer. Term employees who are appointed for a minimum term of eight months (or whose appointments extend for a continuous period of at least eight months) and who are appointed for half-time or more are covered from the conclusion of the elimination period. In addition, such employees are eligible to elect further group life insurance and dependent insurance, all at their own cost. This plan is administered in accordance with the terms of the policy.
Group Insurance Plan. The Employer agrees to pay one hundred percent (100%) of the premium cost of the following insurances for all eligible employees.
Group Insurance Plan. (a) Life Insurance - two times (2x) annual salary (Principal Sum) with a floor of $20,000.
(b) Accidental Death and Dismemberment - Life (in addition to any Life Insurance) The Principal Sum Both Hands The Principal Sum Both Feet The Principal Sum Entire Sight of Both Eyes The Principal Sum One Hand and One Foot The Principal Sum One Hand and Entire Sight of One Eye The Principal Sum One Foot and Entire Sight of One Eye The Principal Sum Speech and Hearing The Principal Sum One Arm Three-quarters of The Principal Sum One Hand Three-quarters of The Principal Sum One Foot Two-thirds of The Principal Sum Entire Sight of One Eye Two-thirds of The Principal Sum Speech or Hearing One-half of The Principal Sum Thumb and Index Finger of Either Hand One-third of The Principal Sum
Group Insurance Plan. 18.01 The Company will assume the full premium cost of the following plans for all employees working on a full-time basis on the first of the month following the completion of their probationary period:
