Opt-Out Enrollment Date and Eligibility for Benefits Sample Clauses

Opt-Out Enrollment Date and Eligibility for Benefits. ‌ The benefit level for each participating employee is determined by their date of hire and the date of the most recent current continuous participation in the Opt-out program. An employee who began participation in the opt-out FSA prior to January 1, 2011, but who drops out of the Opt-out FSA then re- enters the Opt-out FSA at another date, will be subject to the benefit level for those who begin participation during that time period for example: an employee hired prior to January 1, 2011 began participation prior to January 1, 2011 at a benefit level of $4,164. This employee dropped participation in 2013, but notifies the district to re-enter the Opt-out program effective January 1, 2016. The employee’s benefit when re-entering the program in 2016 is reduced to $2,472 in accordance with provisions below. Current employees hired prior to January 1, 2011 and currently participating in the FSA beginning prior to January 1, 2011, shall be eligible for up to $4,164 in Opt-out contribution funds per year in lieu of district health insurance coverage.
Sample 1
AutoNDA by SimpleDocs

Related to Opt-Out Enrollment Date and Eligibility for Benefits

  • Eligibility for Benefits A member will not be eligible to receive Long Term Disability benefits until their Income Protection benefits have expired.

  • Application for Benefits Requests for short-term leaves shall be in writing, upon the appropriate form prescribed and provided by the District, and shall be filed with the unit member's supervisor and the appropriate manager five (5) days in advance of the intended leave (except in emergency situations), unless otherwise stated by the provisions of the specific leave.

  • Group Benefits Eligibility 7.2.1 Participation in the Plan shall be a condition of employment for all teachers commencing employment for a full school year.

  • Maintaining Eligibility for Employer Contribution The employer's contribution continues as long as the employee remains on the payroll in an insurance eligible position. Employees who complete their regular school year assignment shall receive coverage through August 31.

  • Effective Date of Benefits Your coverage will become effective on your date of eligibility, provided you are actively at work on a full time basis. If you are not actively at work on the date insurance would normally commence, coverage will begin on your return to work full time for full pay.

  • Dependent Care Salary Reduction Plan The Employer agrees to maintain the current dependent care salary reduction plan that allows eligible employees, covered by this Agreement, the option to participate in a dependent care reimbursement program for work-related dependent care expenses on a pretax basis as permitted by federal tax law or regulation.

  • Effective Date of Benefit Termination Medical, dental and life coverage termination will take effect on the first of the month following the loss of eligible employee or dependent status. Disability benefit coverage terminations will take effect on the day following loss of eligible employee status.

  • SALARY DETERMINATION FOR EMPLOYEES IN ADULT EDUCATION PCA Article B.3 does not apply in School District No. 34 (Abbotsford).

  • Benefit Eligibility For purposes of the Benefit Plan entitlement, common-law and same sex relationships will apply as defined.

  • Eligibility for Employer Contribution This section describes eligibility for an Employer Contribution toward the cost of coverage.

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