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.
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.
