Insurance Fringe Benefit Allocation for Full-time Teachers Sample Clauses

Insurance Fringe Benefit Allocation for Full-time Teachers. Subd. 1 Each full-time teacher scheduled to hold a position for a period in excess of one hundred (100) working days in a school year will be allocated $985 per month effective July 1, 2023 and $1,065 per month effective July 1, 2024, for use in purchasing fringe benefits under this Article. Effective July 1, 2023, teachers electing Family VEBA coverage will receive an additional 25% of the fringe allocation per month for use in purchasing fringe benefits under this article. Effective July 1, 2024, teachers electing Family VEBA coverage will receive an additional 25% of the fringe allocation per month for use in purchasing fringe benefits under this article. Said allocation will be made on a prorated basis each pay period. Insurance coverage will extend through August 31 for all health insurance participants whose employment will end at the conclusion of the current school year.
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Insurance Fringe Benefit Allocation for Full-time Teachers. Subd. 1 Each full-time teacher scheduled to hold a position for a period in excess of one hundred (100) working days in a school year will be allocated $840 per month effective July 1, 2019 and $880 per month effective July 1, 2020, for use in purchasing fringe benefits under this Article. Effective July 1, 2020, teachers electing Family VEBA coverage will receive an additional 10% of the fringe allocation per month for use in purchasing fringe benefits under this article. Said allocation will be made on a prorated basis each pay period. If a full-time teacher hired after September 15 accepts a full-time contract for the following school year before June 1, he or she shall receive monthly allocation through August.
Sample 1

Related to Insurance Fringe Benefit Allocation for Full-time Teachers

  • Special Maternity Allowance for Totally Disabled Employees (a) An employee who:

  • Dependent Care Salary Reduction Plan The Employer agrees to maintain the current dependent care salary reduction plan that allows eligible employees, covered by this Agreement, the option to participate in a dependent care reimbursement program for work-related dependent care expenses on a pretax basis as permitted by federal tax law or regulation.

  • Full Employer Contribution - Basic Eligibility Employees covered by this Agreement who are scheduled to work at least seventy-five (75) percent of the time are eligible for the full Employer Contribution. This means:

  • State Employee Group Insurance Program (SEGIP) During the life of this Agreement, the Employer agrees to offer a Group Insurance Program that includes health, dental, life, and disability coverages equivalent to existing coverages, subject to the provisions of this Article. All insurance eligible employees will be provided with a Summary Plan Description (SPD) called “Your Employee Benefits”. Such SPD shall be provided no less than biennially and prior to the beginning of the insurance year. New insurance eligible employees shall receive a SPD within thirty (30) days of their date of eligibility.

  • Benefit Waiting Period Allowance (a) An employee who qualifies for and takes leave pursuant to 21.1 or 21.2 and is required by Employment Insurance to serve a one-week waiting period for Employment Insurance Maternity/Parental benefits, shall be paid a leave allowance equivalent to one week at 85% of the employee's basic pay.

  • Special Parental Allowance for Totally Disabled Employees (a) An employee who:

  • Maintaining Eligibility for Employer Contribution The employer's contribution continues as long as the employee remains on the payroll in an insurance eligible position. Employees who complete their regular school year assignment shall receive coverage through August 31.

  • SALARY DETERMINATION FOR EMPLOYEES IN ADULT EDUCATION PCA Article B.3 does not apply in School District No. 34 (Abbotsford).

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