Insurance Contributions. Employees hired after August 1, 1999 shall not be entitled to any corporation contribution towards health insurance, sick leave, or years of service at retirement: Family Plan Single Plan 2021-2022 2021-2022 $10,862.00 $5,107.00 The corporation will pay an additional $1,000.00 towards the premium cost for each employee/spouse in a family plan through the group health insurance. For any contributions that exceed the cost of a chosen health plan, employee will be required to pay $1.00 toward the health insurance. To receive the additional $1,000.00 towards a family plan with two employees, both employees must be eligible for the health benefit prior to applying the benefit payment. Employees who choose to take early retirement may remain a part of the group until they reach medicare age or until the next open enrollment period of the Indiana State Teacher’s Retirement Insurance Plan. These individuals must pay all of their own premiums through arrangements with the payroll department. The only exceptions are for those individuals who qualify under Article VII(B). Unless stated otherwise in this Agreement, teachers will receive insurance coverage to the end of the month in which the effective date of their resignation occurs.
Appears in 1 contract
Samples: Collective Bargaining Agreement
Insurance Contributions. Employees hired after August 1, 1999 shall not be entitled to any corporation contribution towards health insurance, sick leave, or years of service at retirement: Family Plan Single Plan 20212018-2022 202119 2018-2022 19 $10,862.00 $5,107.00 The corporation will pay an additional $1,000.00 towards the premium cost for each employee/spouse in a family plan through the group health insurance. For any contributions that exceed the cost of a chosen health plan, employee will be required to pay $1.00 toward the health insurance. To receive the additional $1,000.00 towards a family plan with two employees, both employees must be eligible for the health benefit prior to applying the benefit payment. Employees who choose to take early retirement may remain a part of the group until they reach medicare age or until the next open enrollment period of the Indiana State Teacher’s Retirement Insurance Plan. These individuals must pay all of their own premiums through arrangements with the payroll department. The only exceptions are for those individuals who qualify under Article VII(BX(B). Unless stated otherwise in this Agreement, teachers will receive insurance coverage to the end of the month in which the effective date of their resignation occurs.
Appears in 1 contract
Samples: Collective Bargaining Agreement
Insurance Contributions. Employees hired after August 1, 1999 shall not be entitled to any corporation contribution towards health insurance, sick leave, or years of service at retirement: Family Plan Single Plan 20212022-2022 20212023 2022-2022 2023 $10,862.00 11,488.00 $5,107.00 5,361.00 The corporation will pay an additional $1,000.00 towards the premium cost for each employee/spouse in a family plan through the group health insurance. For any contributions that exceed the cost of a chosen health plan, employee will be required to pay $1.00 toward the health insurance. To receive the additional $1,000.00 towards a family plan with two employees, both employees must be eligible for the health benefit prior to applying the benefit payment. Employees who choose to take early retirement may remain a part of the group until they reach medicare age or until the next open enrollment period of the Indiana State Teacher’s Retirement Insurance Plan. These individuals must pay all of their own premiums through arrangements with the payroll department. The only exceptions are for those individuals who qualify under Article VII(B). Unless stated otherwise in this Agreement, teachers will receive insurance coverage to the end of the month in which the effective date of their resignation occurs.
Appears in 1 contract
Samples: Collective Bargaining Agreement
Insurance Contributions. Employees hired after August 1, 1999 shall not be entitled to any corporation contribution towards health insurance, sick leave, or years of service at retirement: Family Plan Single Plan 20212023-2022 20212024 2023-2022 2024 $10,862.00 12,556.00 $5,107.00 5,757.00 The corporation will pay an additional $1,000.00 towards the premium cost for each employee/spouse in a family plan through the group health insurance. For any contributions that exceed the cost of a chosen health plan, employee will be required to pay $1.00 toward the health insurance. To receive the additional $1,000.00 towards a family plan with two employees, both employees must be eligible for the health benefit prior to applying the benefit payment. Employees who choose to take early retirement may remain a part of the group until they reach medicare age or until the next open enrollment period of the Indiana State Teacher’s Retirement Insurance Plan. These individuals must pay all of their own premiums through arrangements with the payroll department. The only exceptions are for those individuals who qualify under Article VII(B). Unless stated otherwise in this Agreement, teachers will receive insurance coverage to the end of the month in which the effective date of their resignation occurs.
Appears in 1 contract
Samples: Collective Bargaining Agreement