Insurance Retirement Sample Clauses

Insurance Retirement. 8.01 The Employer agrees to participate and include employees in the South Dakota Public Employees Retirement Plan. 8.02 The Board has an agreement with an insurance company to provide major medical insurance for eligible custodians and their dependents. The school district contributes toward the custodian’s cost of this program on a prorated basis according to the plan elected by the custodian (single, employee/spouse, employee/child(xxx), or family). The following district contribution is based on hours worked weekly; and if the employee and employee spouse participates in a yearly physical examination by July 1. 20-27 hours=37.5% of the premium 28-40 hours=75% of the premium If an employee and/or employee spouse chooses not to participate in a yearly physical examination by July 1, the district contribution is based on hours worked weekly and a reduced district contribution: 20-27 hours=27.5% of the premium 28-40 hours=65% of the premium If the employee chooses not to participate by July 1 of the current year, the premiums paid will be adjusted back to July of the current year at the higher rate. The board agrees to pay one hundred percent (100%) of the cost of the present life insurance plan for all full time employees that desire to participate; three-fourths (.75) the cost of the dental plan now in effect. Employees have the option of taking any of the offered plans. 8.03 Any custodial/maintenance staff member, eligible to receive benefits, employed by the Brookings School District for at least fifteen (15) years in an eligible status, and who has attained the age of 55 years by June 30 of the termination year, and chooses to terminate employment, shall have the option to remain on the district's major medical health insurance policy at the group rate provided he/she is not later employed by an organization that provides health insurance for its employees. This person and his/her spouse, and dependents may remain on the policy at the group rate until he/she attains the age that qualifies for Medicare benefits, unless such an option is not permitted by the school's health insurance carrier. Application for this option to retain the insurance must be made by date of termination. The person terminating employment shall assume responsibility for the entire premium and administrative costs due after employment terminates, with such premiums paid to the insurance company according to a schedule specified by them. The district shall assume no liability for ...
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Insurance Retirement. The Community Care Providers are eligible for the same benefits established within the Collective Bargaining Agreement, Articles 12 and 13.
Insurance Retirement. A. The employer agrees to maintain in full force and effect during the term of this Agreement, the existing life and liability insurance coverage with life coverage at two times the annual compensation level. B. The Employer agrees to maintain in full force and effect during the term of this Agreement, health insurance with beneficial provisions as determined by the NY Article 44 Trust for full-time FACE members and dependents. The union liaison to the Trust will be chosen by FACE. The full premium cost for FACE members and dependents shall be paid by the Employer consistent with paragraph C, below. Effective May 1, 2013, the following health insurance shall be offered: • NY 44 Trust Health Benefits Plan C. FACE members employed as of and after September 1, 1983, shall contribute twenty-five percent (25%) of the cost of health and life insurance coverage until tenure, whereupon the Employer shall pay the full premium cost. D. The College and FACE agree to establish an Insurance Committee to develop options which will assist the College to control health care costs. The College shall employ a consultant to assist the parties. The Employer shall notify FACE prior to changing insurance brokers. If the College decides to opt out of the NY Article 44 Trust, the new and any subsequent health insurance programs must be ratified by FACE. The College may reopen negotiations regarding health insurance issues prior to the expiration of the Negotiated Agreement. E. Health Insurance Buyout: Effective September 1, 2005, FACE members who are covered by health insurance from another source and who elect not to receive health insurance offered by the College shall receive $1,250.00 for electing not to receive an individual plan and $2,500.00 for electing not to receive a family plan. This provision shall be implemented and maintained only after there are 13 bargaining unit members who elect not to receive health insurance. FACE members whose status change during the course of a year and who are no longer eligible for health insurance from another source shall be permitted to receive health insurance and shall receive a prorated health insurance buyout. When both spouses are employed by the College, this benefit will not be available except to those who received this benefit prior to September 1, 2007. F. Benefit to Spouse: When both spouses are employees of the College, the following options are available: two single policies or one family policy. Payment will be made in a...
Insurance Retirement. 17.1 The County will continue to provide health insurance for all regular employees and offer health insurance to their dependents in the same manner provided to all other County employees. 17.2 The County agrees to provide the necessary help to employees to complete various insurance related claim forms. 17.3 The County agrees to continue to provide life insurance for each eligible employee. 17.4 The County agrees to continue to participate in the Florida Retirement System for each eligible employee. 17.5 Bargaining unit employees will be covered by the Workers' Compensation provisions of the State of Florida.
Insurance Retirement. The District shall pay an amount equal to the State funded insurance benefits per month per employee enrolled in District approved insurance plans (basic benefit package as defined by the bargaining unit) on an FTE basis. For insurance calculation purposes, one FTE is equal to 1,440 hours of compensation per year. Insurance benefits for employees who are compensated for less than 1,440 hours per year shall be prorated based on 1,440 hours equaling one FTE. Contributions shall be made for each of the twelve calendar months. If the State does not fund at the level of hours one for BEA programs, the District insurance FTE will be adjusted to reflect the level funded for BEA programs.
Insurance Retirement. Insurance Upon Retirement provision to read: who retires service of the subsequent to July will, provided he is years of age over and has not less than ten years’ be entitled, upon retirement, to a life insurance policy, fully paid up by the
Insurance Retirement. All medical insurances, dental insurances, vision plan, life insurances, short-term disability, long-term disability, and pension plans for the term of this Agreement shall be the same group benefit package, at the same rates and with the same rights and obligations as other employees of the Hospital. The Hospital agrees that it will inform the union of any benefit changes prior to implementation. The Union agrees its representatives will not publicize these changes and will keep them confidential until they are finalized.
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Insurance Retirement. A. The BOARD agrees to provide hospitalization and major medical insurance including full coverage of maternity costs, providing benefits not less than those being presently provided to the Teachers hired on or before June 30, 2017, the cost listed below. Married Teachers, or Teachers with a spouse as defined by 750 ILCS 75/1 et. seq., shall be provided benefits themselves, their spouses and their dependents. Unmarried Teachers shall be provided with benefits for themselves and their dependents if any. The benefits for teachers who qualify under this provision shall be as follows: 2017-2018 $57.50 $97.50 2018-2019 $62.50 $105.00 2019-2020 $67.50 $112.50 School Year Employee Family 2017-2018 $65.00 $110.00 2018-2019 $70.00 $117.50 2019-2020 $75.00 $125.00 School Year Employee Family 2017-2018 $68.50 $116.00 2018-2019 $74.50 $127.00 2019-2020 $80.50 $138.00 B. 1. Any full-time teacher employed by the Board who has been enrolled in the District's health insurance program pursuant to Section XII. A. 1 above for at least six months of the fiscal year prior to the start of the following school year may elect to receive $1,500.00 as additional compensation if the teacher is eligible for single health insurance but does not enroll in any health insurance the following school year; or may elect to receive, $2,275.00 as additional compensation if the teacher is eligible for family insurance but enrolls only in single health insurance in the following school year; or may elect to receive $3,000.00 as additional compensation if the teacher is eligible for family health insurance but does not enroll in any health insurance the following school year. Such compensation will be paid to the employee in the school year after the employee withdraws enrollment in the District health insurance coverage and/or the employee's health insurance eligibility changes as long as appropriate documentation, if needed, is provided to the District within the open enrollment period for insurance. Such a decision to accept the additional compensation in lieu of enrolling in District health insurance must be made by the qualified and eligible employee prior to the health insurance open enrollment period immediately prior to the school year in which the additional compensation is to be paid. Employees may change insurance coverage mid-year due to a change of life events as required by the District's health insurance carrier's policies. Changes in the amount of this insurance opt out benefit d...
Insurance Retirement. Section 13.2(a) Medical Premium. Premiums paid by the Employer (based on core plan) will be based on benefit eligibility (.5 – 1.0 FTE).
Insurance Retirement. A. The BOARD agrees to provide hospitalization and major medical insurance including full coverage of maternity costs, providing benefits not less than those being presently provided to the Teachers hired on or before June 30, 2017, the cost listed below. Married Teachers, or Teachers with a spouse as defined by 750 ILCS 75/1 et. seq., shall be provided benefits themselves, their spouses and their dependents. Unmarried Teachers shall be provided with benefits for themselves and their dependents if any. The benefits for teachers who qualify under this provision shall be as follows: School Year Emnlovee Family 2017-2018 2018-2019 $57.50 $62.50 $97.50 $105.00 2019-2020 $67.50 $112.50 HMO Illinois School Year Employee Family 2017-2018 $65.00 $110.00 2018-2019 $70.00 $117.50 2019-2020 $75.00 $125.00 PPO School Year Employee Family 2017-2018 $68.50 $116.00 2018-2019 $74.50 $127.00 2019-2020 $80.50 $138.00 B. 1. Any full-time teacher employed by the Board who has been enrolled in the District's health insurance program pursuant to Section XII. A. 1 above for at least six months of the fiscal year prior to the start of the following school year may elect to receive
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