Common use of Health Reimbursement Account Clause in Contracts

Health Reimbursement Account. Effective October 12, 2007, the County established a Health Reimbursement Account (HRA) for current and future employees. Members of ACLEM began participation in the HRA on June 19, 2009. The County and the HRA administrator, with the oversight of the Health Reimbursement Account Advisory Committee, shall administer the program subject to the requirements set forth in the Internal Revenue Code and the Health Reimbursement Arrangement Plan Document. 1. Effective June 19, 2009, employees began contributions of one (1) percent of their bi-weekly base salary, exclusive of overtime and premium pay, to fund their Health Reimbursement Account Plan. 2. Effective June 19, 2009, the County began contributions of one (1) percent of each eligible employee’s bi-weekly base salary to fund their Health Reimbursement Account Plan. 3. Effective November 11, 2016, the County began contributions of two (2) percent of each eligible employee’s bi-weekly base salary to fund their Health Reimbursement Account Plan. The employee contribution referenced in subsection 1 above, shall be reduced from one (1) percent to zero (0) percent. 4. Effective as of July 6, 2018, the County will contribute four (4) percent of each eligible employee’s bi-weekly base salary to fund their Health Reimbursement Account Plan.

Appears in 7 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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