Health and Welfare Trust Plan. The parties agree as follows: A. The Union will establish the Public Employees Local 71 Trust Fund. The Trust agrees to enroll eligible MOA employees represented by Local 71 in the various Benefit Plus Flex Plans. MOA shall provide to the Trust no later than the first business day of each month enrollment information from the previous month. Should the month contain three pay dates, the MOA will furnish the report no later than the fifth (5th) of the subsequent month. B. The MOA agrees to make the appropriate payroll contributions to the Plan on or before the fifteenth (15th) day of the month following the month for which the employee was eligible for coverage. C. The Trust agrees to be responsible for quarterly reconciliation of the payments received from the MOA per employee. Should an overpayment to the Trust occur on behalf of an employee, the Trust shall remit the overpayment to the MOA for purposes of the MOA's repayment to the employee. If the MOA, in error, advances eligibility and payments for an employee who is not a Local 71 member and the Trust certifies eligibility and pays benefits on behalf of that employee, the MOA shall be responsible for reimbursing the Trust for the amount paid in benefits on behalf of that employee, less the premiums collected by the Trust. The Trust shall notify the MOA of any such error within 10 days of discovery and shall immediately transfer all claims records to the MOA. Should an underpayment to the Trust occur on behalf of an individual, the Trust will notify the MOA of the additional deductions to be taken? In the event of either an overpayment or an underpayment, the Trust will provide the MOA with documentation as necessary to verify the adjustments. D. The amount the employee contributes to the basic health Trust, to include voluntary benefits, will be split equally between the first two (2) pay periods in each month. E. The Municipality will not provide payment of unused benefit credits to employees. F. The Trust shall operate within the rules of the Trust's section 125 Plan. The MOA shall have the right to audit the enrollment process and premium calculation. G. The Trust will be entitled to accept forfeitures and will be responsible for any negative experience risk generated by the elections in the Health Care Spending Account benefit option. H. Those contributions provided by the MOA on a monthly basis, are solely for the purposes of a health and welfare benefit program or programs for the benefit of eligible members of the Public Employees Local 71 Bargaining Unit-and their qualified beneficiaries and to defray the reasonable expenses of administering the plan or plans of benefits. If the Trust covers participants in addition to members of the Public Employees Local 71 Bargaining Unit, the Trust will account for the contributions made pursuant to this Agreement and will insure that income and expense statements and balance sheets are maintained so as to determine the administrative costs as well as the actual cost of benefits for the plan or plans covering the Public Employees Local 71 Bargaining Unit members. The provisions of the plan or plans obtained by the Trust must satisfy the mandatory requirements of Anchorage Municipal Code 3.30.161 and the Affordable Care Act. I. In consideration of receipt of the transferred funds the Public Employees Local 71 and the Public Employees Local 71 Trust Fund hereby agree to indemnify and hold harmless the Municipality of Anchorage from any and all claims and actions of whatever nature or consequence arising from the exemption of Bargaining Unit members from the MOA's Health Plan, including any claims arising from no-coverage of eligible employees and qualified spouses or dependents. This section does not release the MOA from forwarding contributions required by the collective bargaining agreement. By entering into this Collective Bargaining Agreement the Public Employees Local 71 agrees to relieve the Municipality of Anchorage of any obligation to obtain, maintain or administer a health insurance plan under AMC 3.30.161 covering eligible Bargaining Unit members. J. It is also understood and agreed that the Municipality of Anchorage's liability for contributions is limited to those fiscal years in which the monetary terms of a Collective Bargaining Agreement between the parties is approved by ratification of the bargaining unit members and approved by the Municipal Assembly in accordance with AMC 3. 70.130.
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Samples: Labor Contract, Labor Contract, Labor Contract
Health and Welfare Trust Plan. The parties MOA and Local 302 agree as follows:
A. The Union will establish the Public Employees Local 71 Trust Fund1. The Administrator of the Trust agrees to enroll eligible MOA employees represented by Local 71 302 in the various Benefit Plus Flex Plans. MOA shall provide to the Trust no later than the first business day of each month enrollment information from the previous month. Should the month contain three pay dates, the MOA will furnish the report no later than the fifth (5th) of the subsequent monthHealth and Welfare Plan.
B. 2. The MOA agrees to make the appropriate payroll contributions to the Plan Health and Welfare Trust on or before the fifteenth (15th) day of the month following the month for in which the employee was eligible for coveragehours were worked.
C. 3. The amount the employee contributes, if any, for Health and Welfare Trust, benefits will be split equally between the first two (2) pay periods in each month.
4. The Health and Welfare Trust agrees to be responsible for quarterly reconciliation of the payments received from the MOA per employee. Should an overpayment to the Health and Welfare Trust occur on behalf of an employee, the Health and Welfare Trust shall remit the overpayment to the MOA for purposes of the MOA's ’s repayment to the employee. If the MOA, in error, advances eligibility and payments for an employee who is not a an eligible Local 71 302 member and the Health and Welfare Trust certifies eligibility and pays benefits on behalf of that employee, the MOA shall be responsible for reimbursing the Health and Welfare Trust for the amount paid in benefits on behalf of that employee, less the premiums collected by the Health and Welfare Trust. The Health and Welfare Trust shall notify the MOA of any such error within 10 ten (10) days of discovery and shall immediately transfer all claims records to the MOA. Should an underpayment to the Trust occur on behalf of an individual, the Trust will notify the MOA of the additional deductions to be taken? In the event of either an overpayment or an underpayment, the Health and Welfare Trust will provide the MOA with documentation as necessary to verify the adjustments.
D. The amount the employee contributes to the basic health Trust, to include voluntary benefits, will be split equally between the first two (2) pay periods in each month.
E. . The Municipality will not provide payment of unused benefit credits to employees.
F. The Trust shall operate within the rules of the Trust's section 125 Plan5. The MOA shall have the right to audit the enrollment process and premium calculation.
G. The Trust will be entitled to accept forfeitures and will be responsible for any negative experience risk generated by the elections in the Health Care Spending Account benefit option.
H. Those contributions provided by the MOA Municipality on a monthly basis, are solely for the purposes of a health and welfare benefit program or programs for the benefit of eligible members of the Public Employees Local 71 Bargaining Unit-302 and their qualified beneficiaries and to defray the reasonable expenses of administering the plan or plans of benefits. If the Health and Welfare Trust covers participants in addition to members of the Public Employees Local 71 Bargaining Unit302, the Health and Welfare Trust will maintain a separate account for the contributions made pursuant to this Agreement and will insure that separate income and expense statements and balance sheets are maintained so as to determine the administrative costs as well as the actual cost of benefits for the plan or plans covering the Public Employees Local 71 Bargaining Unit members. The provisions of the plan or plans obtained by the Trust must satisfy the mandatory requirements of Anchorage Municipal Code 3.30.161 and the Affordable Care Act.
I. In consideration of receipt of the transferred funds the Public Employees Local 71 and the Public Employees Local 71 Trust Fund hereby agree to indemnify and hold harmless the Municipality of Anchorage from any and all claims and actions of whatever nature or consequence arising from the exemption of Bargaining Unit members from the MOA's Health Plan, including any claims arising from no-coverage of eligible employees and qualified spouses or dependents. This section does not release the MOA from forwarding contributions required by the collective bargaining agreement. By entering into this Collective Bargaining Agreement the Public Employees Local 71 agrees to relieve the Municipality of Anchorage of any obligation to obtain, maintain or administer a health insurance plan under AMC 3.30.161 covering eligible Bargaining Unit members.
J. It is also understood and agreed that the Municipality of Anchorage's liability for contributions is limited to those fiscal years in which the monetary terms of a Collective Bargaining Agreement between the parties is approved by ratification of the bargaining unit members and approved by the Municipal Assembly in accordance with AMC 3. 70.130.cost
Appears in 1 contract
Samples: Collective Bargaining Agreement
Health and Welfare Trust Plan. The parties agree as follows:
A. The Union will establish the Public Employees Local 71 Trust Fund. The Trust agrees to enroll eligible MOA employees represented by Local 71 in the various Benefit Plus Flex Plans. Plans and to provide enrollment information for a monthly report which the MOA shall provide will furnish to the Trust no later than Union within five (5) days of the first business day of each month enrollment information from the previous monthin a mutually agreed format. Should the month contain three pay dates, the MOA will furnish the report no later than the fifth (5th) of the subsequent month.
B. The MOA agrees to make the appropriate payroll contributions to the Plan on or before agreed premium payment for each enrollee no later than the fifteenth (15th) day of the month following the month for which the employee was eligible for coverageeach month.
C. The Trust agrees to be responsible for quarterly reconciliation of the payments received from the MOA per employee. Should an overpayment to the Trust occur on behalf of an employee, the Trust shall remit the overpayment to the MOA for purposes of the MOA's ’s repayment to the employee. If the MOA, in error, advances eligibility and payments for an employee who is not a Local 71 member and the Trust certifies eligibility and pays benefits on behalf of that employee, the MOA shall be responsible for reimbursing the Trust for the amount paid in benefits on behalf of that employee, less the premiums collected by the Trust. The Trust shall notify the MOA of any such error within 10 days of discovery and shall immediately transfer all claims records to the MOA. Should an underpayment to the Trust occur on behalf of an individual, the Trust will notify the MOA of the additional deductions to be taken? . In the event of either an overpayment or an underpayment, the Trust will provide the MOA with documentation as necessary to verify the adjustments.
D. The amount the employee contributes to the basic health Trust, to include voluntary benefits, will be split equally between the first two (2) pay periods in each month.
E. The Municipality will not provide payment of unused benefit credits to employees.
F. The Trust shall operate within the rules of the Trust's section 125 Plan. The MOA shall have the right to audit the enrollment process and premium calculation.
G. The Trust will be entitled to accept forfeitures and will be responsible for any negative experience risk generated by the elections in the Health Care Spending Account benefit option.
H. Those contributions provided by the MOA on a monthly basis, are solely for the purposes of a health and welfare benefit program or programs for the benefit of eligible members of the Public Employees Local 71 Bargaining Unit-and their qualified beneficiaries and to defray the reasonable expenses of administering the plan or plans of benefits. If the Trust covers participants in addition to members of the Public Employees Local 71 Bargaining Unit, the Trust will account for the contributions made pursuant to this Agreement and will insure that income and expense statements and balance sheets are maintained so as to determine the administrative costs as well as the actual cost of benefits for the plan or plans covering the Public Employees Local 71 Bargaining Unit members. The provisions of the plan or plans obtained by the Trust must satisfy the mandatory requirements of Anchorage Municipal Code 3.30.161 and the Affordable Care Act.
I. In consideration of receipt of the transferred funds the Public Employees Local 71 and the Public Employees Local 71 Trust Fund hereby agree to indemnify and hold harmless the Municipality of Anchorage from any and all claims and actions of whatever nature or consequence arising from the exemption of Bargaining Unit members from the MOA's Health Plan, including any claims arising from no-coverage of eligible employees and qualified spouses or dependents. This section does not release the MOA from forwarding contributions required by the collective bargaining agreement. By entering into this Collective Bargaining Agreement the Public Employees Local 71 agrees to relieve the Municipality of Anchorage of any obligation to obtain, maintain or administer a health insurance plan under AMC 3.30.161 covering eligible Bargaining Unit members.
J. It is also understood and agreed that the Municipality of Anchorage's liability for contributions is limited to those fiscal years in which the monetary terms of a Collective Bargaining Agreement between the parties is approved by ratification of the bargaining unit members and approved by the Municipal Assembly in accordance with AMC 3. 70.130.
Appears in 1 contract
Samples: Labor Contract