Municipal and Employee Contributions. 1) Effective July 1, 2018, or the month following Assembly approval of this agreement, whichever is later, the Municipality of Anchorage shall contribute an amount equal to one thousand six hundred twenty-three dollars$1623) per month to the Trust for each eligible employee. The Union shall advise the Municipality of Anchorage of pre-tax and after tax contribution amounts that employees shall contribute per month to the Trust through payroll deduction.
Municipal and Employee Contributions. Upon the first full pay period after Assembly approval of this Agreement the MOA shall provide an employer contribution of $2025.00 per month for eligible employees who elect Health Benefit Plan coverage. Each eligible employee shall pay, by payroll deduction, any difference between this amount and the total premium required for the health plan option selected by the employee. Payroll deductions, if applicable, are made on a pre-tax basis, subject to the applicable law and regulations. Any amounts remaining from the MOA contribution for a higher deductible health plan shall be placed in an employee owned Flexible Spending Account (FSA) or Health Savings Account (HSA) for the employees to use for qualified medical expenses.
Municipal and Employee Contributions. Effective January 1, 2006, the Municipality shall contribute a flexible benefits plan credit rate amount of $921.77 per month for each eligible employee. Beginning January 1, 2006, and each year thereafter, eligible employees shall pay, by payroll deduction, any difference between the Municipality's contribution and the total premium required to provide the health care options selected by the employee for the employee and qualified dependents. Subject to the satisfaction of applicable law and regulations, such employee contributions will be on a pre-tax basis. Effective the first full pay period on or after July 1, 2006, the MOA shall contribute a base contribution rate amount of $1,050 per month for each eligible employee. Effective January 1, 2007, the MOA shall contribute an amount equal to the amount contributed for non-reps and executives. Effective January 1, 2008, the MOA shall contribute an amount equal to the amount contributed for non-reps and executives. Effective January 1, 2009, the MOA shall contribute an amount equal to the amount contributed for non-reps and executives. Effective January 1, 2010 through June 30, 2010, the MOA shall contribute an amount equal to the amount contributed for non-reps and executives. Should the amount contributed for non-reps and executives drop below the 2006 rate during the life of this contract, the MOA and Local 367 will renegotiate health benefits. The monthly insurance premium is the dollar amount set by the insurance carrier at the beginning of the policy year, for the appropriate rating group, that is required to provide the agreed upon coverage to employees and their eligible dependents. No later than November 1 of each year, beginning in 2006, the MOA shall provide the Union written notice of the premium rate for the next calendar year. There shall be no return or refund of premium of any kind to any employee.
Municipal and Employee Contributions. The first of each month, the Municipality shall pay the monthly contribution of $1812.00.for each eligible employee. Effective April 1, 2017, 2018, and 2019, the Municipality shall change the monthly medical contribution to the Alaska Electrical Health and Welfare Trust (rounded to the next dollar) for each eligible employee by the change in the Anchorage Medical CPI- U for the preceding year capped at ten percent (10%). The contribution amount shall not exceed the per employee cost of the Trust. The Union shall advise the Municipality of the pre-tax contribution (if applicable) amount that employees shall contribute per month to the Trust through payroll deduction.
Municipal and Employee Contributions. Effective the first of the month following Assembly approval, and continuing the first (1st) of each month thereafter, the Municipality of Anchorage shall change the monthly contribution for each eligible employee to one thousand two hundred fifty six dollars ($1,256). Effective July 1, 2014, and continuing the first (1st) of each month thereafter, the Municipality of Anchorage shall change the medical contribution to the Union's Trust (rounded to the next dollar) for each eligible employee by the change in the Anchorage Medical CPI-U for 2013 capped at ten percent (10%), or an amount equal to the monthly Municipality contribution as calculated for non-represented employees. The contribution amount is not to exceed the per employee cost of the Fund. The Union shall advise the Municipality of Anchorage of the pre-tax contribution (if applicable) amount that employee’s shall contribute per month to the Fund through payroll deduction. Effective July 1, 2015, and continuing the first (1st) of each month thereafter, the Municipality of Anchorage shall change the medical contribution to the Union's Trust (rounded to the next dollar) for each eligible employee by the change in the Anchorage Medical CPI-U for 2014 capped at ten percent (10%) or an amount equal to the monthly Municipality contribution as calculated for non-represented employees. The contribution amount is not to exceed the per employee cost of the Fund. The Union shall advise the Municipality of Anchorage of the pre-tax contribution (if applicable) amount that employee’s shall contribute per month to the Fund through payroll deduction.
Municipal and Employee Contributions. Effective the first full pay period on or after Assembly approval, the MOA’s contribution shall be $1,324.00 per month. Each eligible employee shall pay, by payroll deduction, any difference between the Municipality’s contribution and the total premium required to provide the benefit options selected by the employee for the employee and qualified dependents. Subject to the satisfaction of applicable law and regulations, such employee contributions will be on a pre-tax basis.
Municipal and Employee Contributions. 1) Effective July 1, 2012, each eligible employee shall contribute one hundred thirty five dollars ($145.00) per month to the Union's Health Insurance Trust through payroll deduction. The Municipality of Anchorage shall contribute one thousand three hundred seventy five dollars ($1375.00) per month to the Union's Health Insurance Trust for each eligible employee.
Municipal and Employee Contributions. Effective the first of the month following Assembly approval, and continuing the The first of each month thereafter, the Municipality shall pay the monthly contribution of $1812.00.for each eligible employee of $1701.00. Effective April 1, 20152017, 2018, and 2019, and continuing the first of each month thereafter, the Municipality shall change the monthly medical contribution to the Alaska Electrical Health and Welfare Trust (rounded to the next dollar) for each eligible employee by the change in the Anchorage Medical CPI-U for 2014 the preceding year capped at ten percent (10%). The contribution amount shall not exceed the per employee cost of the Trust. The Union shall advise the Municipality of the pre-tax contribution (if applicable) amount that employees shall contribute per month to the Trust through payroll deduction. Effective April 1, 2016, and continuing the first of each month thereafter, the Municipality shall change the medical contribution to the Alaska Electrical Health and Welfare Trust (rounded to the next dollar) for each eligible employee by the change in the Anchorage Medical CPI-U for 2015 capped at ten percent (10%). The contribution amount shall not exceed the per employee cost of the Trust. The Union shall advise the Municipality of the pre-tax contribution (if applicable) amount that employees shall contribute per month to the Fund through payroll deduction.
Municipal and Employee Contributions. The MOA will provide a standard contribution per month for eligible employees who elect Plan coverage. Each eligible employee shall pay, by payroll deduction, any difference between this amount and the total premium required for the health plan option selected by the employee. Payroll deductions, if applicable, will be made on a pre-tax basis, subject to the applicable law and regulations. All contributions by the MOA or the employee may only be used for the Plan. Any amounts remaining from the MOA contribution for lower cost plans shall be placed in an FSA or Health Savings Account (HSA) for the employee to use for qualified medical expenses.
