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.
Sample 1Sample 2
AutoNDA by SimpleDocs
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.
Sample 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 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.
Sample 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
Sample 1
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
Sample 1
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)
Sample 1
Monthly Benefit Allowance. 6.1.1 The City shall contribute to each employee’s MBA as follows: Employee only $ 920.00 Employee + 1 dependent 70% of the Xxxxxx (Region 1) Employee + one rate Employee + 2 or more dependents 70% of the Xxxxxx (Region 1) Employee + two or more (family) rate
Sample 1
AutoNDA by SimpleDocs

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 5.8 (Salary Reallocation and Salary Reallocation) 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.

  • Separation Allowance A. The Employer will offer within thirty (30) calendar days of the ratification of the Agreement a one-time separation allowance to all regular hourly non- maintenance employees who were active on October 4, 2006. With respect to Xxxx Sound, up to five (5) employees in the skilled trades group, excluding the electrician position will be eligible for the separation allowance. If more than five (5) apply who are eligible, the five (5) most senior will be granted the separation allowance. In Collingwood, up to two (2) millwrights will be eligible for the separation allowance. If more than two (2) apply who are eligible, the two most senior will be granted the separation allowance. Employees at these plants who retired, died or quit between October 5, 2006 and the ratification date of the 2006 Agreement are not eligible for the separation payment. Employees who wish to participate must fill out a written application with the Human Resource Manager no later than thirty (30) calendar days after the ratification of the Agreement. B. Each employee granted a separation allowance will receive a one-time cash payment equal to $2,000 for each year of completed service with a maximum payment of $40,000 and a minimum payment of $8,000, provided the employee agrees to work for the Employer until a date determined by the Employer, but not later than the end of calendar year 2007. Employees will be able to identify a preference for an exit date when filing the written application. The Employer will make a reasonable effort to accommodate the request, consistent with production requirements, but will ultimately have the discretion to assign the exit date. The Employer will notify the employee of the decision pertaining to the exit date within thirty (30) days from the close of the application period. The assigned exit date may be adjusted thereafter by mutual agreement. Once the employee satisfies the obligation, the employee’s continuity of service and employment will end. If an employee so chooses, he may take the allowance in equal monthly payments for a period not to exceed twelve (12) months. C. This separation allowance is inclusive of termination and severance of employment payments, be they pay in lieu of notice or severance payments, required under Ontario law. D. The payment will be subject to payroll taxes and statutory withholdings as required by provincial or local governments. The payments are not credited to wages for vacation pay calculations. Payments will begin after exit.

  • 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.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!