Healthcare Contribution. Effective January 1, 2010, a healthcare contribution will be required to be paid by all employees, retired employees and surviving spouses enrolled for HSMDDV coverage. The required healthcare contribution is as follows: Up to Age 65 On or After Age 65 Employee $30/month ($360/year) $15/month ($180/year) Retired Employee $30/month ($360/year) $15/month ($180/year) Surviving Spouse $15/month ($180/year) $15/month ($180/year) Contributions are per subscriber (family). (1) Healthcare contributions will be collected the first of each month; reimbursements will not be made for partial month coverage. (2) Healthcare coverages will automatically cease for an employee, retired employee or surviving spouse who fails to make a required healthcare contribution when due, the last day of the calendar month for which the last contribution was applicable. (3) All employees, retirees, surviving spouses regardless of status will be required to make monthly contributions to maintain coverage. (4) A newly hired employee shall be required to make monthly healthcare contributions effective the month such employee becomes eligible for HSMDDV Coverage. Effective January 1, 2014, a healthcare contribution will not be required as prescribed under (h) above.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Healthcare Contribution. Effective January 1, 2010, a healthcare contribution will be required to be paid by all employees, retired employees and surviving spouses enrolled for HSMDDV coverage. The required healthcare contribution is as follows: Up to Age 65 On or After Age 65 Employee $30/month ($360/year) $15/month ($180/year) Retired Employee $30/month ($360/year) $15/month ($180/year) Surviving Spouse $15/month ($180/year) $15/month ($180/year) Contributions are per subscriber (family).
(1) Healthcare contributions will be collected the first of each month; reimbursements will not be made for partial month coverage.
(2) Healthcare coverages will automatically cease for an employee, retired employee or surviving spouse sponse who fails to make a required healthcare contribution when due, the last day of the calendar month for which the last contribution was applicable.
(3) All employees, retirees, surviving spouses regardless of status will be required to make monthly contributions to maintain coverage.
(4) A newly hired employee shall be required to make monthly healthcare contributions effective the month such employee becomes eligible for HSMDDV Coverage. Effective January 1, 2014, a healthcare contribution will not be required as prescribed under (h) above.EXHIBIT VII PRESCRIPTION DRUG BENEFITS
Appears in 1 contract
Samples: Addendum to the 2008 Agreement
Healthcare Contribution. Effective January 1, 2010, a healthcare contribution will be required to be paid by all employees, retired employees and surviving spouses enrolled for HSMDDV coverage. The required healthcare contribution is as follows: Up to Age 65 On or After Age 65 Employee $30/month ($360/year) $15/month ($180/year) Retired Employee $30/month ($360/year) $15/month ($180/year) Surviving Spouse $15/month ($180/year) $15/month ($180/year) Contributions are per subscriber (family).
(1) Healthcare contributions will be collected the first of each month; reimbursements will not be made for partial month coverage.
(2) Healthcare coverages will automatically cease for an employee, retired employee or surviving spouse who fails to make a required healthcare contribution when due, the last day of the calendar month for which the last contribution was applicable.
(3) All employees, retirees, surviving spouses regardless of status will be required to make monthly contributions to maintain coverage.
(4) A newly hired employee shall be required to make monthly healthcare contributions effective the month such employee becomes eligible for HSMDDV Coverage. Effective January 1, 2014, a healthcare contribution will not be required as prescribed under (h) above.EXHIBIT VII PRESCRIPTION DRUG BENEFITS
Appears in 1 contract
Samples: Addendum to 2008 Agreement