Monthly Contribution in Lieu of Medical Package Sample Clauses

Monthly Contribution in Lieu of Medical Package. Any employee who obtains a waiver of medical insurance pursuant to A(3) above will receive a monthly stipend of $350 from the County. Dental and vision insurance coverage is mandatory, the cost of which is the sole responsibility of the employee.
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Monthly Contribution in Lieu of Medical Package. Any employee who obtains a waiver of medical coverage pursuant to A(3) above will receive a monthly contribution of $350 from the County to purchase mandatory dental, vision, and basic life insurance coverage. FOR DOUGLAS COUNTY FOR THE ASSOCIATION Xxxx X. Xxxxxxx, Chairman Xxxxx Xxxxx, President Board of Douglas County Commissioners Douglas County Employees’ Association Dated: Dated: ATTEST:
Monthly Contribution in Lieu of Medical Package. Any employee who obtains a waiver of core dental, vision and life insurance pursuant to A(3) above will receive a monthly contribution of $350 from the County that must be used to purchase core dental, vision and life insurance by the employee.

Related to Monthly Contribution in Lieu of Medical Package

  • Premium Contributions i. Effective March 1, 2014, the Company and employees will contribute toward the premium costs of the NECA Health Plan for eligible Regular employees in accordance with this Section.

  • 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.

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.

  • Contribution Formula Dental Coverage a. Faculty Member Coverage. For faculty member dental coverage, the Employer contributes an amount equal to the lesser of ninety percent (90%) of the faculty member premium of the State Dental Plan, or the actual faculty member premium of the dental plan chosen by the faculty member. However, for calendar years beginning January 1, 2014, and January 1, 2015, the minimum employee contribution shall be five dollars ($5.00) per month.

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Distribution of Financial Contribution The financial contribution of the Funding Authority to the Project shall be distributed by the Coordinator according to: - the Consortium Plan - the approval of reports by the Funding Authority, and - the provisions of payment in Section 7.3. A Party shall be funded only for its tasks carried out in accordance with the Consortium Plan.

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