Common use of Health Savings Accounts Clause in Contracts

Health Savings Accounts. The District shall contribute to Health Savings Accounts (HSA) for employees who choose a qualifying high-deductible health insurance plan. The employee shall receive an annual one-time payment into their HSA of five hundred dollars ($500.00) to be paid from the classified Insurance Reserve Account and seventy-five percent (75%) of the monthly premium savings each month up to the District premium contribution cap paid by the District during the 2024-2025 and 2025-2026 school years.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Health Savings Accounts. The District shall contribute to Health Savings Accounts (HSA) for employees who choose a qualifying high-deductible health insurance plan. The employee shall receive an annual one-time payment into their HSA of five hundred dollars ($500.00) to be paid from the classified Insurance Reserve Account insurance reserve fund and seventy-five percent (75%) of the monthly premium savings each month up to the District premium contribution cap paid by the District during the 20242022-2025 2023 and 20252023-2026 2024 school years.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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