Health Care Premium Contributions Sample Clauses

Health Care Premium Contributions. Bargaining Unit Members who elect to enroll in the District sponsored group health insurance programs (i.e., any and/or all lines of healthcare coverage) for medical, prescription, dental and/or vision coverage for themselves and eligible family members will be required to contribute to the premiums for coverage as set forth below through mandatory payroll deductions. Contributions to participate in any and/or all lines of healthcare coverage provided through the District shall be a percentage based upon the fully insured equivalent rates for medical, prescription, dental and vision benefits. All plan rates will be determined using five participant levels (single, parent/child, parent/children, employee/spouse, and family): Option 2 % of Premium Option 3 % of Premium 2020-21 11.5% 9.0% 2021-22 12.0% 9.0% 2022-23 13.0% 9.0% 2023-24 13.0% 9.0% 2024-25 13.0% 9.0% For the Option 2 or 3 plan elections, the monthly contribution amounts listed above will be annualized (i.e. multiplied by twelve (12)) and divided by twenty (20) pay periods. Contributions will be mandatorily deducted from the first two pays of each month September through June.
Sample 1Sample 2
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Health Care Premium Contributions. Bargaining Unit Members who elect to enroll in the District sponsored group health insurance programs (i.e., any and/or all lines of healthcare coverage) for medical, prescription, dental and/or vision coverage for themselves and eligible family members will be required to contribute to the premiums for coverage as set forth below through mandatory payroll deductions. Contributions to participate in any and/or all lines of healthcare coverage provided through the District shall be a percentage based upon the fully insured equivalent rates for medical, prescription, dental and vision benefits. Effective September 1, 2012, all plan rates will be determined using five participant levels (single, parent/child, parent/children, husband/wife, and family):
Sample 1
Health Care Premium Contributions. As of January 1, 2013, the employees’ contributions shall increase to 20% of the premium. As of July 1, 2013, Dispatchers shall contribute 20% of their health care premium. All contributions shall be made monthly through payroll deduction.
Sample 1
Health Care Premium Contributions. Bargaining Unit Members who elect to enroll in the District sponsored group health insurance programs (i.e., any and/or all lines of healthcare coverage) for medical, prescription, dental and/or vision coverage for themselves and eligible family members will be required to contribute to the premiums for coverage as set forth below through mandatory payroll deductions. Contributions to participate in any and/or all lines of healthcare coverage provided through the District shall be a percentage based upon the fully insured equivalent rates for medical, prescription, dental and vision benefits. All plan rates will be determined using five participant levels (single, parent/child, parent/children, husband/wife, and family):
Sample 1

Related to Health Care Premium Contributions

  • Health Care Spending Account After six (6) months of permanent employment, full time and part time (20/40 or greater) employees may elect to participate in a Health Care Spending Account (HCSA) Program designed to qualify for tax savings under Section 125 of the Internal Revenue Code, but such savings are not guaranteed. The HCSA Program allows employees to set aside a predetermined amount of money from their pay, not to exceed the maximum amount authorized by federal law, per calendar year, of before tax dollars, for health care expenses not reimbursed by any other health benefit plans. HCSA dollars may be expended on any eligible medical expenses allowed by Internal Revenue Code Section 125. Any unused balance is forfeited and cannot be recovered by the employee.

  • Pension Contributions While on leave pursuant to Section B. of this Article, an employee may make contributions to the appropriate State pension system and will receive service credit for the time the employee is on unpaid leave.

  • Health Spending Account contributions by the Executive will cease on the Effective Date. The Executive may submit claims against the balance accrued to the Effective Date, until the end of the calendar year in which the Effective Date occurs.

  • Health Care Savings Plan As provided in this Agreement, eligible ASF Members will participate in the health care savings plan (HCSP) established under Minnesota Statute 352.98, and as administered by the Plan Administrator. The Employer is responsible only for transferring funds, as specified in this agreement, to the Plan Administrator. Subd. 1. All ASF Members who receive severance pay as defined in Section A of this article must participate in the health care savings plan. Subd. 2. All severance pay as defined in Section B of this article shall be transferred to the severed employee's health care savings plan account. At the time of separation, if an ASF Member has an approved exception to participation in the health care savings plan account from the plan administrator, then the ASF Member shall receive this payment in one lump sum payment of cash.

  • Payment of Contributions The College and eligible academic staff members of the plan shall each contribute one-half of the contributions to the Academic and Administrative Pension Plan.

  • Contributions Without creating any rights in favor of any third party, the Member may, from time to time, make contributions of cash or property to the capital of the Company, but shall have no obligation to do so.

  • Campaign Contributions The CONTRACTOR is hereby notified of the applicability of 11-355, HRS, which states that campaign contributions are prohibited from specified state or county government contractors during the terms of their contracts if the contractors are paid with funds appropriated by a legislative body.

  • Retirement Contributions On behalf of employees, the State will continue to “pick up” the six percent (6%) employee contribution, payable pursuant to law. The parties acknowledge that various challenges have been filed that contest the lawfulness, including the constitutionality, of various aspects of PERS reform legislation enacted by the 2003 Legislative Assembly, including Chapters 67 (HB 2003) and 68 (HB 2004) of Oregon Laws 2003 (“PERS Litigation”). Nothing in this Agreement shall constitute a waiver of any party’s rights, claims or defenses with respect to the PERS Litigation.

  • Employee Contributions Any member of the bargaining unit who is hired on or after September 1, 2010 is eligible to make a voluntary contribution to the City=s Deferred Compensation Plan offered by Ameritas.

  • Investment of Contributions At the direction of the Depositor (or the direction of the beneficiary upon the Depositor's death), the Custodian shall invest all contributions to the account and earnings thereon in investments acceptable to the Custodian, which may include marketable securities traded on a recognized exchange or "over the counter" (excluding any securities issued by the Custodian), covered call options, certificates of deposit, and other investments to which the Custodian consents, in such amounts as are specifically selected and specified by the Depositor in orders to the Custodian in such form as may be acceptable to the Custodian, without any duty to diversify and without regard to whether such property is authorized by the laws of any jurisdiction as a trust investment. The Custodian shall be responsible for the execution of such orders and for maintaining adequate records thereof. However, if any such orders are not received as required, or, if received, are unclear in the opinion of the Custodian, all or a portion of the contribution may be held uninvested without liability for loss of income or appreciation, and without liability for interest pending receipt of such orders or clarification, or the contribution may be returned. The Custodian may, but need not, establish programs under which cash deposits in excess of a minimum set by it will be periodically and automatically invested in interest-bearing investment funds. The Custodian shall have no duty other than to follow the written investment directions of the Depositor, and shall be under no duty to question said instructions and shall not be liable for any investment losses sustained by the Depositor.

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