GROUP INSURANCE PROVISIONS. 1. The SPS shall make funds available to contribute toward premiums of SPS-approved group insurance programs.
GROUP INSURANCE PROVISIONS. A. Group insurance will be provided through the School Employees Benefits Board (SEBB).
GROUP INSURANCE PROVISIONS. 1. Effective January 1, 2020, these provisions will be replaced by the School Employee Benefits Board (SEBB). See MOU, Appendix QQ for transition.
GROUP INSURANCE PROVISIONS a) The following Group Insurance Plan shall be provided for all eligible employees. The Company agrees that the amended Group Insurance Plan shall remain in effect during the term of this agreement. The Company will pay 100% of the premium cost of benefits effective July 1, 1999 and any future increases in premium costs with the exception of:
GROUP INSURANCE PROVISIONS. Policyholder Board of Trustees of Community College District No. 508, County of Xxxx and State of Illinois. Location of Contract 000 Xxxx Xxxxxxx Xxxxxxxxx, Chicago, IL 60606 Contributions Policyholder pays entire cost of employee’s Life and Health Insurance, less employee contributions listed. Employee or retiree pays the following sums per year toward the cost of health insurance, and the Board pays the remainder of such cost.
GROUP INSURANCE PROVISIONS. Board of Trustees of Community College District No. 508, County of Xxxx and State of Illinois. Location of Contract 000 Xxxx Xxxxxxx Xxxxxxxxx, Chicago, IL 60606 Contributions Policyholder pays entire cost of employee’s Life and Health Insurance, less employee contributions listed. Employee or retiree pays the following sums per year toward the cost of health insurance, and the Board pays the remainder of such cost. Employee and retiree contributions to health insurance, dental insurance and vision insurance shall be as follows: Effective July 16, 2013: 13% of the premiums; Effective July 16, 2014: 14% of the premiums; Effective July 16, 2015: 15% of the premiums; Effective July 16, 2016: 16% of the premiums; and Effective July 16, 2017: 16% of the premiums. There will be a cap on yearly increases of 16%. Should the increase in the annual premium of insurance be greater than 20% per calendar year, the Union agrees to a reopener on insurance to bargain over options to decrease costs, including but not limited to increasing the employee contribution and decreasing plan costs.
GROUP INSURANCE PROVISIONS. Board of Trustees of Community College District No. 508, County of Cook and State of Illinois. Location of Contract 000 X. Xxxxxx Xxxxxx, Xxxxx 000 Chicago, IL 60601 Contributions Policyholder pays entire cost of employee’s Life and Health Insurance, less employee contributions listed. Employee or retiree pays the following sums per year toward the cost of health insurance, and the Board pays the remainder of such cost. Effective upon ratification, and through July 15, 2026. Employee and retiree contributions to health insurance, dental insurance and vision insurance except for those retirees who are required to pay the full premium as provided in Article VII, K.3., shall be as follows: There will be a cap on yearly increases of 10%. Should the increase in the annual premium of insurance be greater than 20% per calendar year, the Union agrees to a reopener on insurance to bargain over options to decrease costs, including but not limited to increasing the employee contribution and decreasing plan costs.
GROUP INSURANCE PROVISIONS a. School Employees Benefits Board (SEBB) Program The District shall pay the full portion of the employer contribution to the School Employees Benefit Board (SEBB) for insurance programs as adopted in the Statewide Collective Bargaining Agreement for all employees who meet the eligibility requirements outlined below. SEBB will implement the Statewide Collective Bargaining Agreement when establishing the employee rates which will be paid to the Health Care Authority (HCA) through payroll deduction for the month in which the employee receives benefits. Benefits presently offered by the District through the SEBB include but are not limited to: • Basic Life and Accidental Death and Dismemberment insurance (AD&D) • Basic Long-term Disability • Vision • Dental including orthodontia; and • Medical Employees are eligible to participate in the SEBB-offered Medical Flexible Spending Arrangement (FSA) and Dependent Care Assistance Program (DCAP). Employees will also have the option of enrolling in a Health Savings Account (HSA) when they select a qualifying High Deductible Health Plan (HDHP) for their medical insurance. When available through SEBB, employees will be able to utilize payroll deduction for any supplemental insurance in which they choose to enroll through SEBB (e.g. increased Life, AD&D, Long- term disability, etc.)
GROUP INSURANCE PROVISIONS. 1. In accordance with applicable state law or regulations, group insurance will be provided through the School Employees Benefits Board Effective January 1, 2020 for all employees, both permanent and temporary, who meet the eligibility criteria.
GROUP INSURANCE PROVISIONS
