HCSA. HCSA, when immediately preceded by “Xxxx-XxXxx,” means the health care spending account component of the Xxxx-XxXxx Cafeteria Plan. When immediately preceded by “Tronox,” HCSA means the plan to be established by Tronox pursuant to Section 2.03 that corresponds to the Xxxx-XxXxx HCSA.
HCSA. After accumulation of one thousand two hundred (1,200) hours of sick leave, one hundred percent (100%) of the accumulated unused sick leave above the one thousand two hundred (1,200) shall be converted into dollars and paid into a Post-Retirement Health Care Savings Account for the Employee. For this purpose, the year will run July 1 through June 30 of the following year.
HCSA. After accumulation of one thousand two hundred (1,200) hours of sick leave, an Employee shall be paid each year for 50 percent (50%) of all unused sick leave earned that year (maximum of six (6) days), the amount of such payment to be paid in July of each year. The remaining 50 percent (50%) of this accumulation shall be converted to dollars and paid into a Post-Retirement Health Care Savings Account for each Employee. In lieu of payment, the Employee may elect to convert 100% the unused sick leave to dollars, which will be placed into a Post-Retirement Health Care Savings Account for the Employee. For this purpose, the year will run July 1 through June 30 of the following year. Elections shall be made during the open enrollment period prior to the beginning of the calendar year. If no election is made, 50% of the unused sick leave earned will be converted to dollars and paid into a Post-Retirement Health Care Savings Account for the employee. Any funds currently accumulated into the “special fund” shall be moved into a Post-Retirement Health Care Savings Fund for the employee.
HCSA. In addition to the above, Xxxxxx will provide a Healthcare spending account in the amount of $500 per calendar year that employees can use towards any eligible medical or dental expense as defined by CRA (Canada Revenue Agency). Any remaining balance can be carried forward for up to 1 year to a maximum of $1000.
HCSA. In addition to the above, Xxxxxx will provide a Healthcare spending account in the amount of $750 per calendar year that employees can use towards any eligible medical or dental expense as defined by CRA (Canada Revenue Agency). Any remaining balance can be carried forward for up to 1 year to a maximum of $1,500. NOTE: For the purpose of all Xxxxxx benefits “Common-law spouse” will mean a person of the opposite sex or same sex partner whom the Employee publicly represents as his spouse and has been living with for 12 consecutive months. For the purpose of all Xxxxxx benefits “Common-law child” will mean a child of the common-law spouse from another relationship who resides with and is in the care and custody of the Employee and his common-law spouse. In order to claim a common law spouse for the benefit program with Xxxxxx we require documentary proof that they have been living together continuously for a 12 month period.
