Medical Premium Subsidy Sample Clauses

Medical Premium Subsidy. (a) The County has established a Medical Premium Subsidy (MPS) to offset the cost of medical plan premiums charged to eligible employees. The MPS shall be applied to medical insurance premiums only and shall not be applicable to dental insurance premiums. The applicable MPS amount shall be paid directly to the provider of the County-sponsored medical plan in which the eligible employee has enrolled. The MPS shall not be considered compensation earnable for purposes of calculating benefits or contributions for the San Bernardino County EmployeesRetirement Association. In no case, shall the MPS exceed the cost of the medical insurance premium for the coverage selected.
AutoNDA by SimpleDocs
Medical Premium Subsidy. (a) The County has established a Medical Premium Subsidy (MPS) to offset a pre-determined portion of the cost of health plan premiums charged to eligible employees. The MPS shall be applied to health insurance premiums only and shall not be applicable to dental plan premiums. The MPS amount payable to each eligible employee shall be based upon the lowest cost HMO plan (currently Health Net or a plan equivalent to Health Net) for the number of persons the employee enrolls in the County- sponsored health plan (i.e., “employee only”; “employee + 1”; “employee + 2”). The applicable MPS amount shall be paid directly to the provider of the County-sponsored health plan in which the eligible employee has enrolled. The MPS shall not be considered compensation earnable for purposes of calculating benefits or contributions for the San Bernardino County EmployeesRetirement Association. In no case, shall the MPS exceed the total cost of the health insurance premium for the coverage selected. Effective July 4, 2009, Nurses shall receive a Medical Premium Subsidy (MPS) in the following amounts: Scheduled for 40 to 60 Hours Scheduled for 61 to 80 Hours Employee Only $79.35 $158.70 Employee + 1 $160.77 $321.55 Employee + 2 $220.36 $440.72
Medical Premium Subsidy. (a) The District has established a Medical Premium Subsidy (MPS) to offset the cost of medical plan premiums charged to eligible employees. The MPS shall be applied to medical insurance premiums only and shall not be applicable to dental
Medical Premium Subsidy. The County has established a Medical Premium Subsidy (MPS) to offset the cost of medical plan premiums charged to eligible employees. The MPS shall be applied to medical insurance premiums only and shall not be applicable to dental insurance premiums. The applicable MPS amount shall be paid directly to the provider of the County-sponsored medical plan in which the eligible employee has enrolled. The MPS shall not be considered compensation earnable for purposes of calculating benefits or contributions for the San Bernardino County EmployeesRetirement Association. In no case, shall the MPS exceed the cost of the medical insurance premium for the coverage selected. Eligibility: Employees in a regular position scheduled for a minimum of forty (40) hours per pay period, who are enrolled in a County- sponsored medical plan, are eligible to receive the MPS towards the cost of medical coverage. However, employees must be paid for at least one-half plus one hour of their scheduled hours in order to actually receive the MPS towards the cost of medical coverage. For instance, an employee scheduled to work eighty (80) hours per pay period must be paid at least forty-one (41) hours to be eligible to receive the MPS each pay period. “Paid” hours for purposes of this Sub-section (b) shall include accrued paid leave time such as vacation, sick leave, and holidays. It shall not include disability payments such as Short-Term Disability and Workers’ Compensation. Employees in the Nurses Unit shall receive MPS in the following amounts per pay period:
Medical Premium Subsidy. (1) Provided below are the MPS amounts per pay period for employees who select the MBO: Effective the pay period following Board approval MPS Employee Only $138.60 Employee + 1 $284.28 Employee + 2 $412.81 Effective July 15, 2023 MPS Employee Only $142.30 Employee + 1 $300.68 Employee + 2 $437.41 Effective July 13, 2024 MPS Employee Only $146.00 Employee + 1 $317.08 Employee + 2 $462.01
Medical Premium Subsidy. (a) The County has established a Medical Premium Subsidy (MPS) to offset a pre-determined portion of the cost of health plan premiums charged to eligible employees. The MPS shall be applied to health insurance premiums only and shall not be applicable to dental plan premiums. The MPS amount payable to each eligible employee shall be based upon the lowest cost high option HMO plan (currently Health Net or a plan equivalent to Health Net) for the number of persons the employee enrolls in the County-sponsored health plan (i.e., “employee only”; “employee + 1”; “employee + 2”). The applicable MPS amount shall be paid directly to the provider of the County-sponsored health plan in which the eligible employee has enrolled. The MPS shall not be considered compensation earnable for purposes of calculating benefits or contributions for the San Bernardino County EmployeesRetirement Association. In no case, shall the MPS exceed the total cost of the health insurance premium for the coverage selected. Effective the first full pay period following Board of Supervisor’s approval, nurses shall receive a Medical Premium Subsidy (MPS) in the following amounts: Scheduled for 40 to 60 Hours Scheduled for 61 to 80 Hours Employee Only $70.62 $141.25 Employee + 1 $135.14 $270.28 Employee + 2 $185.22 $370.45 Effective July 5, 2008, nurses shall receive a Medical Premium Subsidy (MPS) in the following amounts: Scheduled for 40 to 60 Hours Scheduled for 61 to 80 Hours Employee Only $74.86 $149.72 Employee + 1 $147.46 $294.93 Employee + 2 $202.11 $404.22 Effective July 4, 2009, nurses shall receive a Medical Premium Subsidy (MPS) in the following amounts: Scheduled for 40 to 60 Hours Scheduled for 61 to 80 Hours Employee Only $79.35 $158.70 Employee + 1 $160.77 $321.55 Employee + 2 $220.36 $440.72
Medical Premium Subsidy. Employees who select the Modified Benefit Option shall be eligible to receive a Medical Premium Subsidy (MPS) in an amount that would offset a portion of the cost of medical plan premiums charged to eligible employees. The MPS shall be applied to medical insurance premiums only and shall not be applicable to dental insurance premiums. The applicable MPS amount shall be paid directly to the provider of the County-sponsored medical plan in which the eligible employee has enrolled. The MPS shall not be considered compensation earnable for purposes of calculating benefits or contributions for the San Bernardino County EmployeesRetirement Association. In no case shall the MPS exceed the cost of the medical insurance premium for the coverage selected.
AutoNDA by SimpleDocs
Medical Premium Subsidy. (a)Under no circumstances will the monetary value of the Benefit Plan be prorated.
Medical Premium Subsidy. Effective October 22, 2022, the medical premium subsidy shall be increased from $255.15 per pay period to $263.38 per pay period. Date Agreed: 1 0/26/2022 San Bernardino County Xxx Xxxxxxxx Deputy Director/Labor Relations Chief TEAMSTERS LOCAL 1932 Print & Sign �/, �_ / /./°d-� /..:? A/,9 �,9- ,//� µ.,;,/I!!: � 6 ..::7/.-.L- /./" c.::, e:, ..G d✓.-/ /c:::,.,e. Custodian Trainee Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 Step 8 Step 9 Step 10 Step 11 Step 12 Step 13 Step 14 Preschool Services Department Non-Supervisory Unit COLA Effective 10/22/2022 Food Service Wo rker Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 Step 8 Step 9 Step 10 Step 11 Step 12 Step 13 Step 14 17A Hourly 15.55 Appx. Bi-wkly 1,244.00 Appx. Monthly 2,695.33 Appx. Annual 32,344.00 19A Hourly 15.51 15.88 16.28 Appx. Bi-wkly 1,240.80 1,270.40 1,302.40 Appx. Monthly 2,688.40 2,752.53 2,821.87 Appx. Annual 32,260.80 33,030.40 33,862.40 23A Hourly 15.52 15.89 16.30 16.72 17.12 17.56 18.00 Appx. Bi-wkly 1,241.60 1,271.20 1,304.00 1,337.60 1,369.60 1,404.80 1,440.00 Appx. Monthly 2,690.13 2,754.27 2,825.33 2,898.13 2,967.47 3,043.73 3,120.00 Appx. Annual 32,281.60 33,051.20 33,904.00 34,777.60 35,609.60 36,524.80 37,440.00 Teacher Aide I Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 Step 8 Step 9 Step 10 Step 11 Step 12 Step 13 Step 14 Custodian/Storekeeper Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 Step 8 Step 9 Step 10 Step 11 Step 12 Step 13 Step 14 25A Hourly 15.52 15.89 16.26 16.72 17.11 17.55 17.98 18.43 18.90 Appx. Bi-wkly 1,241.60 1,271.20 1,300.80 1,337.60 1,368.80 1,404.00 1,438.40 1,474.40 1,512.00 Appx. Monthly 2,690.13 2,754.27 2,818.40 2,898.13 2,965.73 3,042.00 3,116.53 3,194.53 3,276.00 Appx. Annual 32,281.60 33,051.20 33,820.80 34,777.60 35,588.80 36,504.00 37,398.40 38,334.40 39,312.00 26A Hourly 15.52 15.89 16.26 16.72 17.11 17.56 17.99 18.44 18.91 19.39 Appx. Bi-wkly 1,241.60 1,271.20 1,300.80 1,337.60 1,368.80 1,404.80 1,439.20 1,475.20 1,512.80 1,551.20 Appx. Monthly 2,690.13 2,754.27 2,818.40 2,898.13 2,965.73 3,043.73 3,118.27 3,196.27 3,277.73 3,360.93 Appx. Annual 32,281.60 33,051.20 33,820.80 34,777.60 35,588.80 36,524.80 37,419.20 38,355.20 39,332.80 40,331.20 Teacher Aide II/Center Clerk Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 Step 8 Step 9 Step 10 Step 11 Step 12 Step 13 Step 14 Teacher 1 Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 Step 8 Step 9 Step 10 Step 11 Step 12 Step 13 Step 14 34A Hourly 16.92 17.32 17.75 18.18 18.63 19.06 ...
Medical Premium Subsidy. Provided below are the MPS amounts per pay period for employees who select the MBO: Effective Upon Board Approval MPS Employee Only $147.84 Grandfathered Employee Only $166.60 Employee + 1 $298.07 Employee + 2 $426.98
Time is Money Join Law Insider Premium to draft better contracts faster.