Common use of INSURANCE AND FRINGE BENEFITS Clause in Contracts

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.‌‌

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 seventy thousand dollars ($80,00070,000). 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 thirty-five thousand dollars ($40,00035,000). 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 S200 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.‌‌unit.

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.‌‌unit.

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 seventy thousand dollars ($80,00070,000). There shall be a 35% reduction of this benefit for active employees at age 65 up to age 70; 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 thirty-five thousand dollars ($40,00035,000). 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 $100 200 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.‌‌.

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 $100 200 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.‌‌unit.