INSURANCE AND FRINGE BENEFITS Sample Clauses

INSURANCE AND FRINGE BENEFITS. A. Group Health Insurance A program of group health insurance shall be provided for employees and their dependents as set forth in Appendix D. B. Dental and Vision Insurance A program of group dental and vision insurance shall be provided for active employees and their dependents. The costs and specific provisions are set forth in Appendix D. C. Term Life Insurance Term life insurance shall be provided and paid for by the Board for all active employees. The amount of coverage of such term insurance for each employee shall be two times basic annual salary rounded to the nearest one thousand dollars to the maximum of eighty thousand dollars ($80,000). There shall be a 35% reduction of this benefit for active employees at age 65 up to age 70; and an additional 15% (for a total of 50%) reduction in this benefit for all active employees 70 years of age and older. There shall be a maximum life insurance benefit for retirees in the Voluntary Early Retirement Plan of forty thousand dollars ($40,000). D. Disability and Life Insurance Disability and Life Insurance shall be provided for employees as set forth in Appendix E. E. Group Auto Insurance The Board shall provide a group auto insurance plan for the employees. The Board shall pay $100 per employee towards the cost of such coverage provided by the Board’s group policy. The Board shall permit enrollment in such a plan through payroll deduction. The insurance carrier chosen shall be agreed upon by the Union and the Board. In the event that the Group Auto Insurance benefit is increased or improved for another bargaining unit, such a change shall also automatically be applied to this bargaining unit.‌‌
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INSURANCE AND FRINGE BENEFITS. Section A
INSURANCE AND FRINGE BENEFITS. A. The Board shall offer the health, dental and life insurance plans through the Greater Cincinnati Insurance Consortium to the members of the Bargaining Unit. If the insurance consortium intends to make a change in coverage in the health or dental plans and either party requests it, negotiations can reopen on health and dental coverage. The Board shall offer the health, dental and life insurance plans through the Greater Cincinnati Insurance Consortium to the members of the Bargaining Unit. If the insurance consortium intends to make a change in coverage in the health or dental plans and either party requests it, negotiations can reopen on health and dental coverage. B. Insurance premiums paid by the Board for part-time bargaining unit members, should they elect to participate in the particular insurance programs, shall be pro-rated proportionate to the number of hours worked per week by the bargaining unit member. The carrier of the insurance programs shall provide the Association president all annual summary reports and rate increase data and information at the same time that it is provided to the Board. C. When both spouses are employed by the school district, only one family plan will be offered for those insurance coverages, which do not provide co-insurance benefits. Such coverage shall be paid at the 94% level by the Board. Spouses realizing this benefit prior to July 1, 2004 shall be grandfathered at a rate of 100% of premium paid by the Board. Beginning with the 2011-2012 school year, when both spouses are employed by the school district, only one family plan or two single plans will be offered. The Board contribution to the health insurance premium shall be five percent (5%) more than the level of the Board contribution to the health insurance plans as set forth at section I of this article. D. Any bargaining unit member who opts not to take Board health insurance shall receive $1,000 on June 20th. The bargaining unit member must have not carried the insurance from October 1st through the last day of the school year to be eligible for the $1,000 benefit. When both spouses are employed by the school district, only one family plan or two single plans will be offered, and if either one of the bargaining unit members participates in the district’s insurance, as either the insured employee or a beneficiary under a policy, neither spouse is eligible for the $1,000 benefit. In the event neither spouse carries the district’s medical insurance plan, each...
INSURANCE AND FRINGE BENEFITS. Section A. An Employer contribution will be made for each eligible employee who has at least eighty (80) paid regular hours in the month or as required by law. Teachers completing their applicable work year shall receive twelve (12) months insurance coverage. Section B. For Plan Years 2018 and 2019 the Employer will pay ninety-five percent (95%) and the employee will pay five percent (5%) of the monthly premium rate as determined by PEBB. For employees who enroll in a medical plan that is at least ten percent (10%) lower in cost than the monthly premium rate for the highest cost plan available to the majority employees, the Employer shall pay ninety-nine percent (99%) of the monthly premium for PEBB health, vision, dental and basic life insurance benefits and the employee shall pay one percent (1%).
INSURANCE AND FRINGE BENEFITS. The Board’s payment towards the employees’ major health insurance plan will be no less than the prior year’s payment.
INSURANCE AND FRINGE BENEFITS. Section A. An Employer contribution will be made for each eligible employee who has at least eighty (80) paid regular hours in the month or as required by law. Teachers completing their applicable work year shall receive twelve (12) months insurance coverage. Section B. For Plan Years 2021, 2022 and 2023 the Employer will pay ninety-five percent (95%) and the employee will pay five percent (5%) of the monthly premium rate as Section C. A teacher may purchase additional insurance if available to this bargaining unit and so permitted by PEBB.
INSURANCE AND FRINGE BENEFITS. The District shall provide benefits through the SEBB under the rules and regulations adopted by SEBB. Employees will qualify for benefits offered by SEBB when the District anticipates that the employee will work at least 630 hours during a given school year. Employees will receive an annual $120 stipend for the purpose of defraying the cost of clothing. The allowance is available only to those employees who are in paid status on August 10 and who have not tendered a letter of resignation or those who are in a one-year- only or leave replacement position. New employees will receive reimbursement with the second pay period following their employment start date. The clothing must be approved by the supervisor and worn during normal work hours. The stipend will be paid in August of each year.
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INSURANCE AND FRINGE BENEFITS. 1. The Mississinewa Community School Corporation recognizes the School Employees Benefit Trust (SEBT) and its insurance policies in accordance with the SEBT contract signed by the authorized representatives, which includes an administrative representative and a Teacher representative. 2. Insurance will be available in the following areas: a. Health and Prescription b. Dental c. Vision d. Double indemnity life insurance* e. Dependent life insurance* f. Long Term Disability Insurance 3. Effective January 1, 2021, an additional $32,520 will be provided to teachers for insurance premium support. The $32,520 will be used to offset the premium increases for 2021. The $32,520 will be applied to the contribution made by Mississinewa Community Schools for the PPO Network Plan and the two Qualified High Deductible Health Plans (HDHP). 4. If the corporation is required to pay as a condition for continuance of the existing long-term disability plan, a premium based upon full participation in the plan by all full time employees, then all such employees shall belong to the plan. 5. All financial remuneration due a Teacher shall be given to the Teacher’s beneficiary in case of death of the Teacher. Such payments will be made within six months following such death to the beneficiary as designated in the Indiana State Teachers Retirement Fund. 6. If a Teacher had received a notification of employment in the Mississinewa Community Schools for the following school year and deems it necessary to submit a resignation, such resignation may be effective the first day of school or first date of employment in another place, whichever comes first. 7. When premium refunds are made by policies on Teacher related policies, such funds shall be separated from other funds and returned to the Teachers on a pro rata basis in accordance with procedures established by the State Board of Accounts. 8. The Board will permit an employee covered by this agreement that xxxxxx employment at some point after reaching the age of fifty-five (55) to retain membership in the Corporation’s group health plans until such employee is eligible for Medicare and to retain coverage in the corporation’s group life and dependent life insurance plans with no age limitation (subject to age reduction schedule of current life insurance carrier). The entire cost of any coverage(s) chosen is the responsibility of the severing employee. Subject to statutory and carrier restrictions spouses will be permitted membership i...
INSURANCE AND FRINGE BENEFITS. 1. The district will contribute the statutory percent of the gross wages of all eligible employees into the Public Employees Retirement Association (PERA) program as required by PERA statutes, rules and regulations. 2. Durango School District 9-R shall provide access to a group health and accident insurance program, a group vision program, and a group dental insurance program. Durango School District 9-R shall pay the cost of the premium for a single employee on at least one of the health plans as follows: a. Health Insurance:
INSURANCE AND FRINGE BENEFITS. 30 The District shall provide full contribution for each eligible employee (employees who are contract at .5
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