MEDICAL PREMIUM CAP AMOUNT Sample Clauses

MEDICAL PREMIUM CAP AMOUNT. Effective January 1, 2017, the District will contribute up to the following amounts as appropriate towards PERS medical coverage premiums: Employee only: $ 789.00 per month Employee plus one dependent: $1,319.97 per month Employee plus two or more dependents: $1,703.41 per month Effective January 1, 2018, the District will contribute up to the following amounts as appropriate towards PERS medical coverage premiums: Employee only: $ 825.00 per month Employee plus one dependent: $1,394.97 per month Employee plus two or more dependents: $1,828.41 per month
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MEDICAL PREMIUM CAP AMOUNT. The amount of employer paid premium support for PERS medical coverage for single coverage to $764 per month, two party coverage to $1276.60 per month, and family coverage to $1691.58 per month. The District will continue to offer Section 125 of the Internal Revenue Code for over-cap medical premiums paid by individual employees.
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MEDICAL PREMIUM CAP AMOUNT. Effective January 1, 2023, the District will contribute up to the following amounts as appropriate towards PERS medical coverage premiums: Employee only: 100% Kaiser Single Party Employee plus one dependent: 88% Kaiser Two-Party Employee plus two or more dependents: 88% Kaiser Family Deduction of Medical Benefit Premiums: Subject to and consistent with the requirements of federal and state law, when unit members are paid on an August through May schedule, those members shall have their portion of the medical coverage premiums for June and July deducted in equal installments from their January, February, March, April, and may paychecks. When unit members are paid on a September through June schedule, those members shall have their portion of the medical coverage premiums for July and August deducted in equal installments from their February, March, April, May and June paychecks.
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MEDICAL PREMIUM CAP AMOUNT. Effective January 1, 2017, the District will contribute up to the following amounts as appropriate towards PERS medical coverage premiums: Employee only: $ 789.00 per month Employee plus one dependent: $1,319.97 per month Employee plus two or more dependents: $1,703.41 per month Effective January 1, 20182023, the District will contribute up to the following amounts as appropriate towards PERS medical coverage premiums: Employee only: 100% Kaiser Single Party $825.00 Employee plus one dependent: 88% Kaiser Two-Party $1,394.97 Employee plus two or more dependents: 88% Kaiser Family $1,828.41
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Related to MEDICAL PREMIUM CAP AMOUNT

  • Reimbursable Expenses; Maximum Total Payment; Invoicing District will make no payment until this Contract is fully executed by the authorized representatives of both parties.

  • Premium Payment The Bank shall pay any premiums due on the Policy.

  • Medical/Dental Expense Account The Employer agrees to allow insurance eligible employees to participate in a medical and dental expense reimbursement program to cover co- payments, deductibles and other medical and dental expenses or expenses for services not covered by health or dental insurance on a pre-tax basis as permitted by law or regulation, up to the maximum amount of salary reduction contributions allowed per calendar year under Section 125 of the Internal Revenue Code or other applicable federal law.

  • – PREMIUM & OTHER PAYMENT 16.01 Overtime shall be paid for all paid hours over seven and one-half (7½) hours on a shift or seventy-five (75) hours bi-weekly at the rate of one and one-half (1½) times the employee's regular straight time hourly rate of pay. Overtime is subject to authorization by the Director of Nursing or designate. Authorization shall not be unreasonably withheld. In the event of an emergency, authorization may not be required.

  • Premium Payments If an employee with at least three years of service in the employ of the Shaker Heights Board of Education should exhaust his/her sick leave within the time specifications of this contract and is granted a leave of absence by the Board, the Board shall continue to pay his/her premiums in accordance with his/her work assignment for the following fringe benefits for a period not to exceed twelve (12) months. The payment of such premiums will cease on the effective date an employee retires, resigns, goes on disability retirement or his/her contract is terminated.

  • Maximum Total Payment Including the reimbursable expenses shown above (if any), the maximum total payment under this Contract is $ ; this is a not-to-exceed amount, and the District will not pay more than this amount unless specifically agreed to in an amendment executed by the parties.

  • Maximum Contract Amount 4.4.1. Notwithstanding any other provision of this Agreement, the City’s maximum payment obligation will not exceed ($_) (the “Maximum Contract Amount”). The City is not obligated to execute an agreement or any amendments for any further services, including any services performed by the Contractor beyond that specifically described in Exhibit A. Any services performed beyond those in Exhibit A or performed outside the Term are performed at the Contractor’s risk and without authorization under this Agreement.

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