Common use of Longevity Payment Incentive Use Plan Enhancement Clause in Contracts

Longevity Payment Incentive Use Plan Enhancement. 1) Full-Time employees who are entitled to Longevity Payments, who enroll in this portion of the program may choose to direct a percentage ranging from 10% to 80% of their entitled Longevity Payment to be applied toward the employee share of premiums deducted from their biweekly paychecks during the calendar year. 2) The County will provide a 30% matching incentive to be added to whatever percentage the employee directs to be applied toward their employee share of premiums deducted from their biweekly paychecks during the calendar year.

Longevity Payment Incentive Use Plan Enhancement. 1) . Full-Time employees who are entitled to Longevity Payments, who enroll in this portion of the program may choose to direct a percentage ranging from 10% to 80% of their entitled Longevity Payment to be applied toward the employee share of premiums deducted from their biweekly paychecks during the calendar year. 2) . The County will provide a 30% matching incentive to be added to whatever percentage the employee directs to be applied toward their employee share of premiums deducted from their biweekly paychecks during the calendar year.