Common use of Newly Hired Regular Employees Clause in Contracts

Newly Hired Regular Employees. The District will fund individual newly‐ hired regular employees’ HRA accounts as follows: (i) Individual accounts will be set up for each “newly‐hired regular employee” upon their successful completion of probation. (ii) Newly hired regular employees will be eligible for an additional one‐ time lump sum contribution on the first day of the month following the successful completion of their probationary period. Such contribution will be calculated based upon the number of months the employee was eligible to participate in the District’s health insurance program during their probationary period as follows:

Newly Hired Regular Employees. The District will fund individual newly‐ hired newly‐hired regular employees’ HRA accounts as follows: (i) Individual accounts will be set up for each “newly‐hired regular employee” upon their successful completion of probation. (ii) Newly hired regular employees will be eligible for an additional one‐ time lump sum contribution on the first day of the month following the successful completion of their probationary period. Such contribution will be calculated based upon the number of months the employee was eligible to participate in the District’s health insurance program during their probationary period as follows: