Medical, Dental and Life Insurance. The District will pay the full employee premium for employees working .5 FTE or more per week in a benefits eligible position lasting 60 days or more, for a Medical, Dental, and Life Insurance plan recommended by the Benefits Committee and approved by the Board of Education. From July 1, 2022 through June 30, 2023, the District shall pay 100% of the employee-only premium for eligible employees for plans provided by the District’s group medical and dental insurance carriers that are recommended by the Benefits Committee and approved by the Board of Education. Applicable dependent premiums shall be paid through the payroll deduction process. From July 1, 2023 through June 30, 2024, the District shall pay 100% of the employee-only premium for the lowest cost plan provided by the District’s group medical insurance carrier(s) for eligible employees. Employees who elect a higher cost plan shall pay $25 per month (12 month premium rate). Applicable employee and dependent premiums shall be paid through the payroll deduction process. The District paid premium will be increased by up to the Denver-Aurora-Lakewood CPI used for determining inflation under Article X, Section 20 of the Colorado Constitution, or an amount determined in conjunction with employee contributions, benefit structure changes and/or total compensation increases. The District shall pay 100% of the employee-only premium for the plan provided by the District’s group dental insurance carrier for eligible employees. Applicable dependent premiums shall be paid by the employee through the payroll deduction process. The District further agrees to pay the employee premium in July for eligible ten and eleven month employees who are working on the last scheduled work day of the school year or are on leave covered under the Family and Medical Leave Act (FMLA), or paid non-FMLA qualifying medical leave, on their last scheduled work day of the school year. Employees are still responsible for paying their applicable premium contributions. The District will provide group life and accidental death and dismemberment coverage for eligible employees at no cost to the employee. EMPLOYEE ASSISTANCE PROGRAM (EAP): The District will provide an Employee Assistance Program for eligible employees at no cost to the employee. SECTION 125 MEDICAL FLEXIBLE SPENDING ACCOUNT: The District will maintain a Section 125 Medical Flexible Spending Account (FSA) between January 1 and December 31 of each contract year. Open enrollment will be held in the preceding November each year. Employees who are active on November 30 and complete open enrollment by November 30, will receive a dollar for dollar matching contribution up to a maximum of $120 from the District. A dependent care flexible spending account (DCA) is also available to employees. BVEOP will be allowed a representative on the Benefits Committee. The Benefits Committee shall meet and confer regarding group insurance matters. The District Insurance Consultant may be requested to attend these meetings.
Appears in 3 contracts
Samples: Employment Agreement, Collective Bargaining Agreement, Employment Agreement
Medical, Dental and Life Insurance. The District will pay the full employee premium for employees working .5 FTE or more per week in a benefits eligible position lasting 60 days or more, for a Medical, Dental, and Life Insurance plan recommended by the Benefits Committee and approved by the Board of Education. From July 1, 2022 2021 through June 30, 20232022, the District shall pay 100% of the employee-only premium for eligible employees for plans provided by the District’s group medical and dental insurance carriers that are recommended by the Benefits Committee and approved by the Board of Education. Applicable dependent premiums shall be paid through the payroll deduction process. From July 1, 2023 2022 through June 30, 20242023, the District shall pay 100% of the employee-only premium for the lowest cost plan provided by the District’s group medical insurance carrier(s) carrier for eligible employees. Employees who elect a higher cost plan shall pay $25 per month (12 month premium rateplan). Applicable employee and dependent premiums shall be paid through the payroll deduction process. The District paid premium will be increased by up to the Denver-Aurora-Lakewood CPI used for determining inflation under Article X, Section 20 of the Colorado Constitution, or an amount determined in conjunction with employee contributions, benefit structure changes and/or total compensation increases. The District shall pay 100% of the employee-only premium for the plan provided by the District’s group dental insurance carrier for eligible employees. Applicable dependent premiums shall be paid by the employee through the payroll deduction process. The District further agrees to pay the employee premium in July for eligible ten and eleven month employees who are working on the last scheduled work day of the school year or are on leave covered under the Family and Medical Leave Act (FMLA), or paid non-FMLA qualifying medical leave, on their last scheduled work day of the school year. Employees are still responsible for paying their applicable premium contributions. The District will provide group life and accidental death and dismemberment insurance coverage for eligible employees at no cost to the employee. EMPLOYEE ASSISTANCE PROGRAM (EAP): The District will provide an Employee Assistance Program for eligible employees at no cost to the employee. SECTION 125 MEDICAL FLEXIBLE SPENDING ACCOUNT: The District will maintain a Section 125 Medical Flexible Spending Account (FSA) between January 1 and December 31 of each contract year. Open enrollment will be held in the preceding November each year. Employees who are active on November 30 and complete an open enrollment form by November 30, will receive a dollar for dollar matching contribution up to a maximum of $120 from the District. A dependent care flexible spending account (DCA) is also available to employees. BVEOP will be allowed a representative on the Benefits Committee. The Benefits Committee shall meet and confer regarding group insurance matters. The District Insurance Consultant may be requested to attend these meetings.
Appears in 1 contract
Samples: Employment Agreement