– Group Medical and Dental Insurance for Employees Hired August 16, 2010 and Later Sample Clauses

– Group Medical and Dental Insurance for Employees Hired August 16, 2010 and Later. Tier 3 Employees (new hires) are defined as those individuals employed in a full-time position with the City of Fountain Valley beginning August 16, 2010 and later. Tier 3 City Contribution. The City contribution for Tier 3 employees is as follows: Flex Dollar Allowance Flex Dollars Electing Employee Only coverage $525.00 Electing Employee +1 Dependent coverage $1,025.00 Electing Employee + Family coverage $1,300.00 Effective the beginning of the pay period following City Council approval of the MOU, the Tier 3 contribution is: Flex Dollar Allowance Flex Dollars Electing Employee Only coverage $575.00 Electing Employee +1 Dependent coverage $1,075.00 Electing Employee + Family coverage $1,350.00 Effective the first pay period in July 2018, the Tier 3 contribution is: Flex Dollar Allowance Flex Dollars Electing Employee Only coverage $625.00 Electing Employee +1 Dependent coverage $1,125.00 Electing Employee + Family coverage $1,400.00 Effective the first pay period in July 2019, the Tier 3 contribution is: Flex Dollar Allowance Flex Dollars Electing Employee Only coverage $675.00 Electing Employee +1 Dependent coverage $1,175.00 Electing Employee + Family coverage $1,450.00 Tier 3 employees do not qualify for the longevity health stipend. Field Services employees who elect not to be covered under the medical plan provided through the cafeteria plan shall receive the equivalent of the CalPERS statutory minimum as cash wages. However, the employee will be required to pay for dental and life insurance premiums, both of which are mandatorily deducted out of the waiver of premium contribution (CalPERS statutory minimum).
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