MEDICAL, DENTAL, LIFE AND DISABILITY INSURANCE. 16.1 The University shall provide a Preferred Provider Organization Plan and a High Deductible Plan for Faculty Members. Whatever “pre- tax contributions” are specified, they are currently not subject to federal and state taxes but may be subject to city income tax. An open enrollment period will be held annually for four weeks usually in the Fall academic semester, during which Faculty Members may revise their elections for the coming year. However, a Faculty Member may revise his or her election upon a change of family status as provided under the plan and federal law. Faculty Members must make family status changes within thirty-one (31) days of the event for coverage to be effective as of the date of the family status change. For new employees, a good faith effort will be made to have coverage effective the first day of employment, however, coverage shall be effective not later than the first day of the month following twenty-eight (28) days after appointment.
MEDICAL, DENTAL, LIFE AND DISABILITY INSURANCE. 16.1 The University shall provide for Bargaining Unit members the Choice Benefits Plan authorized under Section 125 of the Internal Revenue Code and subject to all federal, state and local tax laws and any changes which may occur therein. Whatever “pre-tax contributions” are specified, they are currently not subject to federal and state taxes but may be subject to city income tax. An open enrollment period will be held annually for four weeks usually in the fall academic quarter, during which Bargaining Unit members may revise their elections for the coming year. However, a Bargaining Unit member may revise his or her election upon a change of family status as provided under the plan and federal law. Bargaining Unit members must make family status changes within thirty-one (31) days of the event for coverage to be effective as of the date of the family status change. For new employees, a good faith effort will be made to have coverage effective the first day of employment, however, coverage shall be effective not later than the first day of the month following twenty-eight (28) days after appointment. Not later than ten days prior to the expiration of the open enrollment period, each Bargaining Unit member who has not completed an election form will be notified that he or she will automatically be placed in the default plans if the form is not completed and returned by the end of the enrollment period.
MEDICAL, DENTAL, LIFE AND DISABILITY INSURANCE. 16.1 Until January 1, 2015, the University shall provide for Bargaining Unit members the Choice Benefits Plan authorized under Section 125 of the Internal Revenue Code and subject to all federal, state and local tax laws and any changes which may occur therein. Effective January 1, 2015, the University shall provide a Point of Service Plan and a High Deductible Plan for Bargaining Unit Members. Whatever “pre-tax contributions” are specified, they are currently not subject to federal and state taxes but may be subject to city income tax. An open enrollment period will be held annually for four weeks usually in the Fall academic semester, during which Bargaining Unit members may revise their elections for the coming year. However, a Bargaining Unit member may revise his or her election upon a change of family status as provided under the plan and federal law. Bargaining Unit members must make family status changes within thirty-one (31) days of the event for coverage to be effective as of the date of the family status change. For new employees, a good faith effort will be made to have coverage effective the first day of employment, however, coverage shall be effective not later than the first day of the month following twenty- eight (28) days after appointment.
MEDICAL, DENTAL, LIFE AND DISABILITY INSURANCE. During the term of this Agreement, the Corporation will pay all scheduled premiums on the insurance and disability policies currently maintained by the Employee and identified on Exhibit A attached hereto.
MEDICAL, DENTAL, LIFE AND DISABILITY INSURANCE. 16.1 The University shall provide for Bargaining Unit members the Choice Benefits Plan authorized under Section 125 of the Internal Revenue Code and subject to all federal, state and local tax laws and any changes which may occur therein. Wherever "pre-tax contributions" are specified, they are currently not subject to federal and state taxes but may be subject to city income tax. An open enrollment period will be held annually for four weeks usually in the fall academic quarter, during which Bargaining Unit members may revise their elections for the coming year. However, a Bargaining Unit member may revise his or her election upon a change of family status as provided under the plan and federal law. Bargaining Unit members must make family status changes within thirty- one (31) days of the event for coverage to be effective as of the date of the family status change. For new employees, coverage shall be effective not later than the first day of the month following thirty-one (31) days after appointment.
