Insurance Contribution Sample Clauses

Insurance Contribution. To be eligible for the benefits of this section and insurance contribution, an employee must have been employed by the School District for the previous twelve (12) months and must have been employed for at least 1,250 hours during such previous twelve-month period.
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Insurance Contribution. The County’s maximum non-elective contribution to the Flexible Benefits Plan for vision coverage will be equal to the cost of the employee only premium monthly for all eligible permanent employees.
Insurance Contribution. (Premium) – the amount payable by the Insured, size and payment procedure of which is defined by the Insurance Agreement and which represents the insurance service price/cost;
Insurance Contribution. The Board agrees to provide a monthly contribution in the amount that is the maximum amount allotted by the state, less carve out to members under the jurisdiction of this bargaining unit and who elect to participate in any District- approved insurance plan. The Board agrees to provide a $33.55 per fte per month contribution to the health care pool. It is agreed that the established cost of the monthly premium for the District-approved dental plan shall be paid first out of the District's contributions. Other District-approved insurance programs shall be available to Building Administrators for utilization of full benefits. Any portion of the dollar amount contributed by the District not utilized by the employee towards District-approved insurance programs will not be provided the employee as any other form of compensation. During year one (2017-18_the district agrees to study district health care contribution and make a plan to adjust the contribution to levels commensurate with other bargaining units.
Insurance Contribution. The Board of Education will contribute a maximum yearly amount towards the cost of individual employee coverage in a group health and term life insurance plan selected by the Board of Education defined as follows. a. For the 2020-2021 school year the Board will contribute up to an increase of 7% from the 2019-2020 individual group health insurance premium for employee only coverage and 100% of the cost of the group term life insurance plan premium for eligible employees. b. For the 2021-2022 school year the Board will contribute up to an increase of 7% from the previous year to the individual group health insurance premium for employee only coverage and 100% of the cost of the group term life insurance plan premium for eligible employees. c. For the 2022-2023 school year the Board will contribute up to an increase of 7% from the previous year to the individual group health insurance premium for employee only coverage and 100% of the cost of the group term life insurance plan premium for eligible employees. d. The Board of Education will also contribute a maximum yearly amount of $1,000 towards the cost of employee/family coverage, $500 towards employee/spouse coverage, and $400 towards employee/child(ren) coverage. Health and life insurance premium contribution is provided to part time teachers employed 20 hours or more weekly. e. The district’s contribution for a tenured certified teacher, whose employment was terminated as a result of a RIF or whose assignment was reduced to less than 20 hours per week, shall continue for three months past the last date of employment (RIF), or three months past the last employment date for which the individual was qualified to receive the district’s contribution (reduced hours).
Insurance Contribution. 1. The District shall participate in a group health and accident insurance plan which covers the teacher and his/her family. In addition, the District shall provide each employee with a $15,000 one-year term life insurance policy and disability insurance. 2. One certificate of participation or policy shall be issued for each participating teacher using tiered rates as specified by the carrier. A participating teacher may combine his/her employer contribution with another participating teacher or participating employee to purchase one policy. All full-time teachers who are eligible to participate in the insurance plan selected in Section VI. B are required to participate, provided the carrier will cover said teacher(s). Part-time teachers may opt out of the insurance coverage. Teachers who do not participate in the insurance plan are not eligible for any benefit/District contribution provided in this Article. The District will contribute $745 per month for 2021-2023 for each full-time participating teacher for insurance benefits, including an IRS Section 125 Plan/Flexible Benefit Plan/Tax Sheltered Annuity. Any additional funds required over and above the School District contributions provided herein for insurance premiums or other benefits shall be deducted from the employee’s paycheck/the appropriate IRS Section 125 Plan/Flexible Benefit Plan/Tax Sheltered Annuity. 3. Participating part-time (less than full-time but half-time or more) teachers will receive a pro-rated percentage of District contributions, provided the carrier will cover said teacher(s). The pro-rated share shall be the same as that portion (half-time or more) of the school day the teacher is contracted to work. 4. The Association hereby agrees to indemnify and shall hold the District harmless against any and all claims, demands, suits or other forms of liability, alleging marital status discrimination, including court cost, plaintiff’s attorney fees, decisions, judgments, orders, interest, and/or penalties that shall arise out of the District’s compliance with this Article, provided that the defense of any such claims, suits, demands or other forms of liability shall be under the control of the Association and its attorneys. However, nothing in this section shall be interpreted to preclude the District from participating in any legal proceedings through representatives of its own choosing and at its own expense.
Insurance Contribution. 2020 – 2021: Cap of $1325 per month 2021 - 2022: Cap of $1375 per month 2022 – 2023: Cap of $1425 per month
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Insurance Contribution. A proportion to be properly determined by the Landlord of the amount which the Landlord or the Superior Landlord shall from time to time expend in or in respect of effecting or maintaining insurance of the Building against the Insured Risks in the full reinstatement value thereof for the time being and all Architects' and Surveyors' and other fees and incidental expenses consequent upon reinstating the Building rent payable under this Part of this Schedule to be paid on demand together with (1) the full amount of any additional or increased premiums which may be demanded by the insurers an account of the nature of the occupation or business of the Tenant or any undertenant and (ii) the full amount of all insurance premiums in respect of five years' loss of rent hereunder at a rate which takes into account potential increases of rent in accordance with the rent review provisions referred to above or following the expiry or determination of the Term.
Insurance Contribution. All full-time employees who elect to have Plan A or Plan B insurance coverage shall make a pre-tax contribution of 20% of the insurance premium costs. Part-time employees shall make a contribution for Plan A or Plan B insurance coverages on a pro-rata basis, but at least 20% of the insurance premium costs. The Employees’ 20% contribution shall be implemented as soon as possible after the Board’s ratification of this Agreement. Any full-time bargaining unit member electing PLAN B shall receive a $400/month paid by the Board in their regular paycheck in addition to the other benefits of the Plan provided the employee does not have a spouse concurrently receiving full medical benefits provided by the District. If a full-time employee has a spouse who concurrently is receiving full medical benefits provided by the District the employee must elect PLAN B and shall receive $100/month in their regular paycheck. An IRS approved Section 125 Plan is available for KSP bargaining unit members to use for Dependent Care and Medical reimbursement. Part-time bargaining unit members may “buy up” to Plan A. To “buy up,” the part-time employee must execute a payroll deduction for the employee’s pro-rata contribution for the cost of Plan A. For employees who work the full school year, the above PAK plans are for a full twelve (12) month period for the bargaining unit members and his/her eligible dependents as defined by the insurance provider. An open enrollment period shall be provided whenever contribution subsidy changes for the groups. In addition, a bargaining unit member may change PAK plans whenever a “change-in- status” of spouse occurs.
Insurance Contribution. All teachers who desire and who qualify will be covered by a group medical insurance policy. The Board will pay eighty (80%) percent of the single subscriber rate for each teacher taking insurance. Those teachers, who are currently receiving additional portions of extra cost for dependent coverage and new hires as of the beginning of the 2015-2016 school year who would like the coverage, will be grandfathered into the program which allows them to continue their coverage at the current rates. After 2015-2016 school year begins, no new family coverage will be paid by Riverview CCSD#2. Those wishing to obtain family coverage may do so by paying the full premium. The Board may provide additional voluntary insurance options from time to time. 1. All teachers eligible to be covered by this policy will notify the Board by September 1 by completing an enrollment or declension form by September 1. Changes in coverage may be made with the concurrence of both Board and the Association. 2. Any difference between the cost of the insurance and what the Board contributes shall be deducted in equal installments from the paychecks of the teachers who have elect to receive coverage. The Board and Association will establish a joint Insurance Committee to investigate and make suggestions concerning selection of the Insurance for the Board. The committee shall consist of two (2) members appointed by the Administration and two (2) members appointed by the Association. Additional Insurance Contribution/Plan Reimbursement (See Appendix C)
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