Group Life Insurance Program. 1) Each classified employee of the Cedar Cliff Local School District shall have paid on his/her behalf from Board of Education funds the premium of the following Group Life Insurance Policy. 2) Each member of the classified staff whose gross base salary is in excess of five thousand ($5,000) per contract year shall receive group life insurance coverage, paid for by Board of Education funds, equal to his/her contract base salary in effect as of September 1, of the school year rounded to the next thousand dollars. (Example: If an employee's gross base contracted salary on September 1, is computed to be $11,500, that employee would have the premium for $12,000 group life insurance paid for by the Board of Education funds.) The maximum amount of group life insurance coverage of any employee under this program shall be $50,000.
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Samples: Negotiations Agreement, Negotiated Agreement, Negotiated Agreement
