Monthly Benefit Allowance Sample Clauses

Monthly Benefit Allowance. 6.1.1 The City shall continue to contribute to each unit member’s Monthly Benefit Allowance “MBA” as follows: Full-Time Unit members: $1,216.00 per month as taxable income. Permanent Part-Time Unit members: Pro-rata share of $1,216.00 per month based on the number of hours regularly worked as taxable income. 6.1.2 Effective the first pay period in January of 2019, unit members shall receive the following MBA as follows: Employee only $1,216.00 Employee + one (1) $1,216.00 Employee + two or more (family) 70% of the Kaiser (Bay Area) Employee + two or more (family rate) 6.1.3 Effective the first pay period in January of 2020, Kaiser (Bay Area) CalPERS Health rates changes to Region 1 CalPERS Health rates. 6.1.4 Permanent Part-Time Unit members (working 20 hours/week or more) are eligible for a pro-rated share of the MBA based on the number of hours regularly worked as taxable income. 6.1.5 If no medical plan is chosen the Permanent Full-Time unit member will receive six hundred dollars ($600.00) of the MBA as taxable income. Permanent Part-Time Unit members receive a pro-rata share of six hundred dollars ($600.00) per month of the MBA based on the number of hours regularly worked as taxable income.
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Monthly Benefit Allowance. The City will contribute to Employee’s Monthly Benefit Allowance (“MBA”). Employee shall receive seventy percent (70%) of the Xxxxxx (Region 1)
Monthly Benefit Allowance. Effective January 1, 2020, the CalPERS Bay Area and CalPERS Sacramento Area Regions will be referred to as Region 1. 6.1.1 The City shall contribute to each employee’s MBA as follows: Employee only $ 920.00 Employee + 1 dependent $1,130.00 Employee + 2 or more dependents $70% of the Kaiser (Bay Area) Employee + two or more (family) rate
Monthly Benefit Allowance. 6.1.1 Employees shall receive the following MBA: Employee only $900.00 or 70% of Xxxxxx (Region 1) Employee Only rate, whichever is greater Employee + 1 70% of the Xxxxxx (Region 1) Employee + one dependent rate Employee + 2 or more 70% of the Xxxxxx (Region 1) Employee + two or more (dependent rate) 6.1.1.1 Employees + 1 or more dependents Employees shall receive MBA as described below: If employee has eligible dependent(s) but only enrolls in the individual health plan, that employee is eligible to receive the Employee + 1 or Employee + 2 or more dependents MBA tier amounts based upon the number of dependents. If there is a remaining credit this may be utilized for other benefits or as taxable income. The employee will need to provide proof that the dependents are covered under another “Group” health plan that meets the Affordable Care Act’s definition of minimum essential coverage (as described section 6.1.4). Employee will be required annually to update dependent status and provide proof of other coverage (as described in section 6.2.2). 6.1.2 Permanent part-time employees (working 20 hours/week or more) are eligible for a pro-rated share of the MBA based on the number of hours regularly worked as taxable income. 6.1.3 If no medical plan is chosen the unit member receives six hundred dollars ($600.00) per month of the MBA as taxable income. Permanent part-time unit members receive a pro-rated share of the six hundred dollars ($600.00) per month of the MBA based on the number of hours regularly worked as taxable income.
Monthly Benefit Allowance. Effective January 1, 2020, the CalPERS Bay Area and CalPERS Sacramento Area Regions will be referred to as Region 1. 6.1.1 Employees shall receive the following MBA: Employee only $900.00 or 70% of Kaiser (Bay Area) Employee Only rate, whichever is greater Employee + one (1) 70% of the Kaiser (Bay Area) Employee + one rate Employee + two or more (family) 70% of the Kaiser (Bay Area) Employee + two or more (family rate) 6.1.2 Permanent part-time employees (working 20 hours/week or more) are eligible for a pro-rated share of the MBA based on the number of hours regularly worked as taxable income. 6.1.3 If no medical plan is chosen the unit member receives six hundred dollars ($600.00) per month of the MBA as taxable income. Permanent part-time unit members receive a pro-rated share of the six hundred dollars ($600.00) per month of the MBA based on the number of hours regularly worked as taxable income.
Monthly Benefit Allowance. Effective the first pay period in January of 2023, unit members shall receive the following MBA as follows: Employee only $1,216.00 Employee + one (1) 70% of the Xxxxxx (Region 1) Employee + one dependent rate Employee + two or more 70% of the Xxxxxx (Region 1) Employee + two or more

Related to Monthly Benefit Allowance

  • Retirement Allowance Prior to issuing notice of layoff pursuant to article 9.08(a)(ii) in any classification(s), the Hospital will offer early-retirement allowance to a sufficient number of employees eligible for early retirement under HOOPP within the classification(s) in order of seniority, to the extent that the maximum number of employees within a classification who elect early retirement is equivalent to the number of employees within the classification(s) who would otherwise receive notice of layoff under article 9.08(a)(ii). An employee who elects an early retirement option shall receive, following completion of the last day of work, a retirement allowance of two weeks' salary for each year of service, plus a prorated amount for any additional partial year of service, to a maximum ceiling of 26 weeks' salary, and, in addition, full-time employees shall receive a single lump-sum payment equivalent to $1,000 for each year less than age 65 to a maximum of $5,000 upon retirement."

  • Car Allowance The Company shall provide the Executive an automobile allowance of $750 per month during the term of Executive’s employment hereunder.

  • Vacation Allowance Employees in permanent positions are entitled to vacation with pay. Accrual is based upon straight time hours of working time per calendar month of service and begins on the date of appointment to a permanent position. Increased accruals begin on the first of the month following the month in which the employee qualifies. Accrual for portions of a month shall be in minimum amounts of one (1) hour calculated on the same basis as for partial month compensation pursuant to Section 5.6 of this MOU. Vacation credits may be taken in one (1) minute increments but may not be taken during the first six (6) months of employment (not necessarily synonymous with probationary status) except where sick leave has been exhausted; and none shall be allowed in excess of actual accrual at the time vacation is taken.

  • Annual Allowance The Corporation shall pay to the Executive, in cash, in a lump sum, on the Payment Date an amount equal to two times the annual allowance to which the Executive is entitled as of the date of the Date of Termination (or, if higher, as of immediately prior to the Effective Date).

  • Separation Allowance If a regular full-time or regular part-time employee resigns within thirty (30) days of receiving notice of layoff, the employee shall be entitled to a separation allowance of two (2) weeks for each year of continuous service to a maximum of (26) weeks pay, and, on production of receipts from an approved educational program, within twelve (12)months of resignation, may be reimbursed for tuition fees up to a of three thousand dollars ($3,000). The displacement procedure prescribed by Article shall not operate to permit more than two displacements and the third person so displaced shall only have the right to displace another employee who has lesser bargaining unit and who is the least senior employee in all lower or identical paying classifications in the bargaining unit. This will also apply to bumping into part-time which will mean another two (2) bumps provided that the full-time employee has more seniority. The Hospital shall give each employee the bargaining unit who has actually been laid off following the completion of the bumping process, and who is to be laid off for a period of more than thirteen (13)weeks, three (3)months notice in writing of the employee’s xxx-xxxxx at the discretion of the Hospital, pay in lieu of notice. In other cases of lay-off, that exceeds two weeks, the shall give an employee in the bargaining unit acquired one weeks notice, provided however, such notice shall not be required if the lay-off occurs because of emergencies. For example: power failure, act of God, equipment breakdown, or any other conditions beyond the reasonable control of the Hospital. Article as long as there is not a laid off senior employee who is eligible for an employee who is laid off, or an employee who has displaced an employee in another position as a result of the layoff, or an employee to work in a different position than the one the employee held prior to the layoff, be entitled to to the position the employee held prior to the layoff should it become vacant within twenty-four (24) months of the layoff, provided the employee remains qualified and able to the duties of the position. Employees who have been laid off (i.e. are no longer in the Hospital) for up to (24) calendar months shall be recalled to or lower-rated classifications in the order of their seniority, provided they have the qualifications and ability to perform the available work and this not require posting. The hospital shall notify the employee of recall by registered mail, addressed to the last address on record with the hospital. The notification shall state the job to which the employee is eligible to be and the date and time at which the employee is to report for work. An employee given notice of recall by registered have three (3) days after receipt of such notice to the employee's intention, in to return to work on the date specified by the Employer or another date as mutually agreed. Any employee who does not so shall be deemed to have ceased with the Employer. The Employer be entitled to rely, for ail purposes, on the latest address of the employee contained in the records of the Employer. No new employee shall be hired in a in which a layoff has taken place employees laid off from that classification or displaced out of the classification who have been laid off or displaced for up to twenty-four (24) calendar months and are eligible for recall as prescribed in this article have been given the opportunity to to work in the classification from which the employees were laid off or displaced.

  • Education Allowance Provisions in existing Collective Agreements providing for educational allowances shall be continued in effect.

  • Shift Allowance In addition to the wage specified in sub-clause (1), read with sub- clause (12), a normal shift worker shall, in respect of his shift hours worked in any week, be paid an additional 12,5% on such wage.

  • Severance Allowance A laid-off employee shall be entitled to severance allowance pursuant to Article 55.

  • SALARY INDEMNITY PLAN ALLOWANCE 1. The employer shall pay monthly to each employee eligible to participate in the BCTF Salary Indemnity Plan an allowance equal to 2.0% of salary earned in that month to assist in offsetting a portion of the costs of the BCTF Salary Indemnity Plan. 2. In paying this allowance, it is understood that the employer takes no responsibility or liability with respect to the BCTF Salary Indemnity Plan. 3. The BCTF agrees not to alter eligibility criteria under the Plan to include groups of employees not included as of July 1, 2006.

  • Training Allowance Operators who are required by the Employer to provide training to a specified level and to certify to the competency of the employees so trained shall receive twelve dollars ($12) per day while training. In such cases, the most senior qualified operator with the capability to provide training in the required class of equipment shall be given the opportunity to provide such training.

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