Health Savings Account) Incentive. Upon verification of the establishment of an active Health Savings Account and verification of $200 deposited for an employee or $300 for an Employee Plus One or Family plan the District will match the employee’s contribution. This is a one-time only match for the establishment of an employee’s initial HSA account. Employees who have declared for retirement and are receiving the retirement enhancement shall not receive this payment, if the payment would result in an additional payment to IMRF by the Board. The Board and the Association shall maintain a joint health insurance committee comprised of equal representatives of the Board and the Association for the purpose of reviewing, discussing and recommending changes to the District’s health insurance plan.
Health Savings Account) Incentive. 1. The District must offer the LCSC High Deductible Health Plan (HDHP) to employees