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
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
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