Common use of Negotiated Benefits Clause in Contracts

Negotiated Benefits. A. The School District agrees to participate with the licensed-teaching staff in Section 125 of the IRS Tax Code as allowable by law. Also, for those license teaching employees who choose a full-family health, single with dependent or single insurance option within this plan, the district will make a $10,150.00 (year one 21-22) $10,400.00 (year two 22-23)per year per contract contribution per FTE toward Section 125. Part-time teachers will receive a pro-rated amount according to FTE. Any remaining benefit balance will be paid out monthly as a cash option payment.

Negotiated Benefits. A. The School District agrees to participate with the licensed-teaching staff in Section 125 of the IRS Tax Code as allowable by law. Also, Also for those license teaching licensed -teaching employees who choose a full-family health, single with dependent or single insurance option within this plan, the district will make a $10,150.00 (year one 21-22) $10,400.00 (year two 22-23)per 9,650.00 per year per contract contribution per FTE toward Section 125. Part-time teachers will receive a pro-rated amount according to FTE. 125 Any remaining benefit balance will be paid out monthly as a cash option payment.

Negotiated Benefits. A. The School District agrees to participate with the licensed-teaching staff in Section 125 of the IRS Tax Code as allowable by law. Also, Also for those license teaching licensed -teaching employees who choose a full-family health, single with dependent or single insurance option within this plan, the district will make a $10,150.00 (year one 21-22) $10,400.00 (year two 22-23)per 9,250.00 per year per contract contribution per FTE toward Section 125. Part-time teachers will receive a pro-rated amount according to FTE. 125 Any remaining benefit balance will be paid out monthly as a cash option payment.

Negotiated Benefits. A. The School District agrees to participate with the licensed-teaching staff in Section 125 of the IRS Tax Code as allowable by law. Also, for those license teaching licensed -teaching employees who choose a full-family health, single with dependent or single insurance option within this plan, the district will make a $9,900.00 (year one 19-20) $10,150.00 (year one 21two 20-22) $10,400.00 (year two 22-23)per 21)per year per contract contribution per FTE toward Section 125. Part-time teachers will receive a pro-rated amount according to FTE. Any remaining benefit balance will be paid out monthly as a cash option payment.

Negotiated Benefits. A. The School District agrees to participate with the licensed-teaching staff in Section 125 of the IRS Tax Code as allowable by law. Also, Also for those license teaching licensed -teaching employees who choose a full-family health, single with dependent or single insurance option within this plan, the district will make a $10,150.00 (year one 21-22) $10,400.00 (year two 22-23)per 9,500.00 per year per contract contribution per FTE toward Section 125. Part-time teachers will receive a pro-rated amount according to FTE. 125 Any remaining benefit balance will be paid out monthly as a cash option payment.