HDHP Plan Sample Clauses

HDHP Plan. Effective January 1, 2022, full-time faculty may also participate in a High Deductible Health Plan (“HDHP”) described in Appendix “A”. HDHP enrollees may contribute tax free dollars to an HSA (Health Savings Account) up to prescribed I.R.S. annual contribution maximums. In addition, enrollees in the HDHP shall receive an annual LIU contribution to their HSA account equal to $500 for “employee-only” enrollees, and $1,000 for those electing “family” coverage. Core and Buy-Up plan participants may not participate in an HSA. Full-time faculty shall contribute through monthly payroll deduction to the cost of HDHP coverage at the following rates: January 1, 2022: 18% of premium January 1, 2024: 19% of premium January 1, 2026: 20% of premium
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HDHP Plan. Effective July 1, 2016: 10% Effective July 1, 2017: 11% Effective July 1, 2018: 12% Effective July 1, 2019: 13% Effective July 1, 2020: 14%
Sample 1
HDHP Plan. The Board shall contribute towards the HDHP premium and HSA deductible as follows:1
Sample 1
HDHP Plan. Effective September 1, 2020: 20% of the premium or premium equivalent Effective September 1, 2021: 21% of the premium or premium equivalent Effective September 1, 2022: 22% of the premium or premium equivalent Prescription: Each employee who is enrolled in the prescription plan shall pay: OAP Plan Effective September 1, 2020: The High Deductible Health Plan employee premium cost share plus the dollar difference between the full premium amounts for the OAP and the High Deductible Health Plans.
Sample 1
HDHP Plan. Effective September 1, 2020: 20% of the premium or premium equivalent Effective September 1, 2021: 21% of the premium or premium equivalent Effective September 1, 2022: 22% of the premium or premium equivalent Dental: Each employee who is enrolled in the dental plan shall pay 25% effective September 1, 2020 and 26% effective September 1, 2021 of the premium or premium equivalent. The City shall provide a premium cost sharing plan on a pre-tax basis. The City shall also establish such plan(s) as are required to allow employees to elect participation in:
Sample 1

Related to HDHP Plan

  • SEB Plan The parties agree to establish and administer a Supplemental Employment Benefits Plan (the “Plan”) as follows:

  • Leave Plan Effective April the Hospital agrees to introduce a leave program, funded solely by the nurse, subject to the following terms and conditions:

  • 125 Plan The Board will maintain a Section 125 plan for premiums only in addition to a flexible account that includes eligible medical expenses and dependent care expenses with participating employees paying whatever the administrative charge is to run the 125 Plan.

  • Meal Plan The Student who resides in a university residence hall is required to purchase a full residential dining plan (commuter plans are not acceptable). The Student who resides in Bobcat Village may choose either a residential or a commuter plan, but is not obligated to make a dining plan purchase due to availability of kitchen in each apartment unit.

  • Plan The Award and all rights of the Participant under this Agreement are subject to the terms and conditions of the provisions of the Plan, incorporated herein by reference. The Participant agrees to be bound by the terms of the Plan and this Agreement. The Participant acknowledges having read and understanding the Plan, the Prospectus for the Plan, and this Agreement. Unless otherwise expressly provided in other sections of this Agreement, provisions of the Plan that confer discretionary authority on the Board or the Administrator do not (and shall not be deemed to) create any rights in the Participant unless such rights are expressly set forth herein or are otherwise in the sole discretion of the Board or the Administrator so conferred by appropriate action of the Board or the Administrator under the Plan after the date hereof.

  • Deferral Plan The deferral portion of the plan shall involve an employee spreading four (4) years' salary over a five (5) year period, or such other schedule as may be mutually agreed between the employee and the Hospital. In the case of the four (4) years' salary over a five (5) year schedule, during the four (4) years of salary deferral, 20% of the employee's gross annual earnings will be deducted and held for the employee. Such deferred salary will not be accessible to the employee until the year of the leave or upon the collapse of the plan. In the case of another mutually agreed upon deferral schedule, the percentage of salary deferred shall be adjusted appropriately.

  • Health Benefit Plan Par. 1. The Health Benefit Plan covering life insurance, sickness and accident benefits, and hospitalization insurance, or any changes thereto that are in accordance with the National Elevator Industry Health Benefit Plan and Declaration of Trust, shall be a part of this Agreement and adopted by all parties signatory thereto.

  • 401K Plan The Company presently offers its employees a 401k plan with a Company match to be determined annually by the Compensation Committee of the Board of Directors. You may elect to contribute pre-tax deferrals through payroll deduction pursuant to the terms of the 401k plan.

  • Savings Plan Executive will be eligible to enroll and participate, and be immediately vested in, all Company savings and retirement plans, including any 401(k) plans, as are available from time to time to other key executive employees.

  • Vision Plan The District will also make available a vision plan to be paid by the employee with pre-tax dollars through payroll deduction.

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