Insurance for Shared-Time Teachers Sample Clauses

Insurance for Shared-Time Teachers. ‌ For a shared-time teacher, the cost of the fringe benefit package selected by the teacher shall be paid on a shared basis by the Board and the teacher. The employee share is determined as a percentage of the hard cap equivalent to their FTE status. Notification of the payment procedure will be provided by the Human Resources Office. The total cost of providing benefits to a shared-time teacher shall be annualized and divided by remaining pays in the school year. The employee's percentage share of the monthly cost will be deducted on a bi-weekly basis. The shared-time teacher can select a non-medical plan, and waive the cash-in-lieu option. If the employee waives the cash-in-lieu option, the District will pay 100% of the costs of a non-medical plan. The shared-time teacher can select a non-medical plan in full, including the cash-in-lieu option. However, the shared-time teacher is responsible for paying his/her cost percentage, as outlined above.
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