Health Insurance Waiver Stipend. A. The health insurance waiver stipend shall remain at $2,000. Employees who can show proof of insurance shall receive a stipend of $2,000 the last payroll period in November of each year. The same shall apply for the length of this agreement. B. Employees must be employed through the end of the last payroll period in November to qualify for this benefit. C. Current employees on payroll through November who did not work the entire 12-month period shall earn the stipend on a pro-rata basis. D. This can be paid into deferred compensation through payroll, not to exceed annual IRS deferred compensation limits.
Appears in 4 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding
