Common use of Medical Flexible Spending Arrangement Clause in Contracts

Medical Flexible Spending Arrangement. A. During January 2024 and again in January 2025, the Employer will make available two hundred fifty dollars ($250.00) in a medical flexible spending arrangement (FSA) account for each bargaining unit member represented by a Union in the Coalition described in RCW 41.80.020(3), who meets the criteria in Subsection 5 B below. B. In accordance with IRS regulations and guidance, the Employer FSA funds will be made available for a Coalition bargaining unit employee who: 1. Is occupying a position that has an annual full-time equivalent base salary of sixty-thousand dollars ($60,000), or less on November 1 of the year prior to the year the Employer FSA funds are being made available; and 2. Meets PEBB program eligibility requirements to receive the Employer contribution for PEBB medical benefits on January 1 of the plan year in which the Employer FSA funds are made available, is not enrolled in a high-deductible health plan, and does not waive enrollment in a PEBB medical plan except to be covered as a dependent on another PEBB non-high deductible health plan. 3. Hourly employees’ annual base salary shall be the base hourly rate multiplied by two thousand eighty-eight (2,088). 4. Base salary excludes overtime, shift differential and all other premiums or payments.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Medical Flexible Spending Arrangement. A. During January 2024 2022 and again in January 20252023, the Employer will make available two hundred fifty dollars ($250.00) in a medical flexible spending arrangement (FSA) account for each bargaining unit member represented by a Union in the Coalition described in RCW 41.80.020(3), who meets the criteria in Subsection 5 B below. B. In accordance with IRS regulations and guidance, the Employer FSA funds will be made available for a Coalition bargaining unit employee who: 1. Is occupying a position that has an annual full-time equivalent base salary of sixty-fifty thousand four dollars ($60,000), 50,004.00) or less on November 1 of the year prior to the year the Employer FSA funds are being made available; and 2. Meets PEBB program eligibility requirements to receive the Employer contribution for PEBB medical benefits on January 1 of the plan year in which the Employer FSA funds are made available, is not enrolled in a high-high- deductible health plan, and does not waive enrollment in a PEBB medical plan except to be covered as a dependent on another PEBB non-high deductible health plan. 3. Hourly employees’ annual base salary shall be the base hourly rate multiplied by two thousand eighty-eight (2,088). 4. Base salary excludes overtime, shift differential and all other premiums or payments.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

Medical Flexible Spending Arrangement. A. During January 2024 2020 2022 and again in January 202520212023, the Employer will make available two hundred fifty dollars ($250.00) in a medical flexible spending arrangement (FSA) account for each bargaining unit member represented by a Union in the Coalition described in RCW 41.80.020(3), who meets the criteria in Subsection 5 B below. B. In accordance with IRS regulations and guidance, the Employer FSA funds will be made available for a Coalition bargaining unit employee who: 1. Is occupying a position that has an annual full-time equivalent base salary of sixty-fifty thousand four dollars ($60,000), 50,004.00) or less on November 1 of the year prior to the year the Employer FSA funds are being made available; and 2. Meets PEBB program eligibility requirements to receive the Employer contribution for PEBB medical benefits on January 1 of the plan year in which the Employer FSA funds are made available, is not enrolled in a high-deductible health plan, and does not waive enrollment in a PEBB medical plan except to be covered as a dependent on another PEBB non-high deductible health plan. 3. Hourly employees’ annual base salary shall be the base hourly rate multiplied by two thousand eighty-eight (2,088). 4. Base salary excludes overtime, shift differential and all other premiums or payments.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Medical Flexible Spending Arrangement. A. During January 2024 2020 and again in January 20252021, the Employer will make available two hundred fifty dollars ($250.00) in a medical flexible spending arrangement (FSA) account for each bargaining unit member represented by a Union in the Coalition described in RCW 41.80.020(3), who meets the criteria in Subsection 5 B below. B. In accordance with IRS regulations and guidance, the Employer FSA funds will be made available for a Coalition bargaining unit employee who: 1. Is occupying a position that has an annual full-time equivalent base salary of sixty-fifty thousand four dollars ($60,000), 50,004.00) or less on November 1 of the year prior to the year the Employer FSA funds are being made available; and 2. Meets PEBB program eligibility requirements to receive the Employer contribution for PEBB medical benefits on January 1 of the plan year in which the Employer FSA funds are made available, is not enrolled in a high-deductible health plan, and does not waive enrollment in a PEBB medical plan except to be covered as a dependent on another PEBB non-high deductible health plan. 3. Hourly employees’ annual base salary shall be the base hourly rate multiplied by two thousand eighty-eight (2,088). 4. Base salary excludes overtime, shift differential and all other premiums or payments.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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