Common use of Opt-Out Incentive Clause in Contracts

Opt-Out Incentive. The Board will pay an annual opt-out incentive to unit members who opt-out of the Board’s health insurance plan on or before September 1st of each year. The opt-out incentive shall be paid as follows: Family Plan: $4,200, and Single Plan: $2,400. A. The lump sum payment shall be made in the last pay in June of each contract year. B. If coverage is dropped for less than twelve (12) months, the incentive payment will be based on the number of whole months during the contract year for which coverage was dropped. C. For part-time unit members, the opt-out incentive will be prorated to reflect the proportion of full time equivalent (FTE) position held by the unit member. D. In order to be eligible to receive the opt-out incentive, the unit member must stay off the Board’s health insurance plan from September 1st through the remainder of that contract year. However, if the unit member experiences a qualifying event (including, but not limited to the unit member’s spouse losing his/her job) then, in such event, the unit member will be eligible to immediately resume his/her health insurance coverage through the Board. The unit member’s opt-out incentive will be prorated to reflect the percentage of a full contract year that the unit member was off the Board’s health plan. E. If the employer of the spouse of a unit member has a health insurance open enrollment period that begins after September 1st, then the unit member may opt-out of the Board’s health insurance plan through the remainder of that contract year. In such event, the above referenced health insurance opt-out incentive would be prorated to reflect the percentage of a full contract year that the unit member stays off the Board’s health plan. In no instance will a unit member be paid the opt- out incentive if he/she is covered by a spouse or parent who is provided Board-paid health insurance.

Opt-Out Incentive. 1. The Board will pay an annual optOpt-out incentive Out Incentive to unit members who opt-out of the Board’s major medical health insurance plan on or before September 1st of each year. The opt-out incentive shall be paid as follows: Family Plan: $4,200, and 4,200 Single Plan: $2,400. A. 2. The lump sum payment shall be made in the last pay in June of each contract school year. B. 3. If coverage is dropped for less than twelve (12) months, the incentive payment will be based on the number of whole months during the contract year for which coverage was dropped. C. 4. For part-time unit members, the opt-out incentive will be prorated to reflect the proportion of full a full-time equivalent (FTE) position held by the unit member. D. 5. In order to be eligible to receive the opt-out incentive, the unit member must stay off the Board’s major medical health insurance plan from September 1st through the remainder of that contract year. However, if the unit member experiences a qualifying event (including, but not limited to the unit member’s spouse losing his/her job) then, in such event, the unit member will be eligible to immediately resume his/her health insurance coverage through the Board. The unit member’s opt-out incentive will be prorated to reflect the percentage of a full contract year that the unit member was off the PLSD Board’s health plan. E. 6. If the employer of the spouse of a unit member has a health insurance open enrollment period that begins after September 1st, then the unit member may opt-opt- out of the Board’s health insurance plan plan, through the remainder of that contract year. In such event, the above above-referenced health insurance opt-out incentive bonus would be prorated to reflect the percentage of a full contract year that the unit member stays off the Board’s health plan. In no instance will a unit member be paid the opt- out incentive Opt-Out Incentive if he/she is covered by a spouse or parent who is provided Board-Board paid major medical health insurance.

Opt-Out Incentive. The Board will pay an annual opt-out incentive to unit members who opt-out of the Board’s health insurance plan on or before September 1st of each yearyear (for the 2015- 2016 contract year this date is extended to October 1st). The opt-out incentive shall be paid as follows: Family Plan: $4,200, and Single Plan: $2,400. A. The lump sum payment shall be made in the last pay in June of each contract year. B. If coverage is dropped for less than twelve (12) months, the incentive payment will be based on the number of whole months during the contract year for which coverage was dropped. C. For part-time unit members, the opt-out incentive will be prorated to reflect the proportion of full time equivalent (FTE) position held by the unit member. D. In order to be eligible to receive the opt-out incentive, the unit member must stay off the Board’s health insurance plan from September 1st through the remainder of that contract year (October 1st for the 2015-2016 school year). However, if the unit member experiences a qualifying event (including, but not limited to the unit member’s spouse losing his/her job) then, in such event, the unit member will be eligible to immediately resume his/her health insurance coverage through the Board. The unit member’s opt-out incentive will be prorated to reflect the percentage of a full contract year that the unit member was off the Board’s health plan. E. If the employer of the spouse of a unit member has a health insurance open enrollment period that begins after September 1st, then the unit member may opt-opt- out of the Board’s health insurance plan through the remainder of that contract year. In such event, the above referenced health insurance opt-out incentive would be prorated to reflect the percentage of a full contract year that the unit member stays off the Board’s health plan. In no instance will a unit member be paid the opt- out incentive if he/she is covered by a spouse or parent who is provided Board-paid health insurance.

Opt-Out Incentive. 1. The Board will pay an annual optOpt-out incentive Out Incentive to unit members who opt-out of the Board’s major medical health insurance plan on or before September 1st of each year. The opt-out incentive shall be paid as follows: Family Plan: $4,200, and 4,200 Single Plan: $2,400. A. 2. The lump sum payment shall be made in the last pay in June of each contract school year. B. 3. If coverage is dropped for less than twelve (12) months, the incentive payment will be based on the number of whole months during the contract year for which coverage was dropped. C. 4. For part-time unit members, the opt-out incentive will be prorated to reflect the proportion of full a full-time equivalent (FTE) position held by the unit member. D. 5. In order to be eligible to receive the opt-out incentive, the unit member must stay off the Board’s major medical health insurance plan from September 1st through the remainder of that contract year. However, if the unit member experiences a qualifying event (including, but not limited to the unit member’s spouse losing his/her job) then, in such event, the unit member will be eligible to immediately resume his/her health insurance coverage through the Board. The unit member’s opt-out incentive will be prorated to reflect the percentage of a full contract year that the unit member was off the PLSD Board’s health plan. E. 6. If the employer of the spouse of a unit member has a health insurance open enrollment period that begins after September 1st, then the unit member may opt-opt- out of the Board’s health insurance plan plan, through the remainder of that contract year. In such event, the above above-referenced health insurance opt-out incentive bonus would be prorated to reflect the percentage of a full contract year that the unit member stays off the Board’s health plan. In no instance will a A unit member be who is provided Board paid the opt- out incentive if he/she is covered major medical insurance by a spouse or parent who is provided Boardemployed by the Pickerington Local School District may apply for a $200 Opt-paid health insuranceOut payment each year by completing the opt-out form during open enrollment. The $200 payment shall be prorated, if applicable, to reflect the full time equivalence of the unit member.

Opt-Out Incentive. 1. The Board will pay an annual opt-out incentive Opt-­‐Out Incentive to unit members who opt-out opt-­‐out of the Board’s major medical health insurance plan on or before September 1st of each year. The opt-out opt-­‐out incentive shall be paid as follows: Family Plan: $4,200, and 4,200 Single Plan: $2,400. A. 2. The lump sum payment shall be made in the last pay in June of each contract school year. B. 3. If coverage is dropped for less than twelve (12) months, the incentive payment will be based on the number of whole months during the contract year for which coverage was dropped. C. 4. For part-part time unit members, the opt-out opt-­‐out incentive will be prorated to reflect the proportion of a full time equivalent (FTE) position held by the unit member. D. 5. In order to be eligible to receive the opt-out opt-­‐out incentive, the unit member must stay off the Board’s major medical health insurance plan from September 1st through the remainder of that contract year. However, if the unit member experiences a qualifying event (including, but not limited to the unit member’s spouse losing his/her job) then, in such event, the unit member will be eligible to immediately resume his/her health insurance coverage through the Board. The unit member’s opt-out opt-­‐out incentive will be prorated to reflect the percentage of a full contract year that the unit member was off the PLSD Board’s health plan. E. 6. If the employer of the spouse of a unit member has a health insurance open enrollment period that begins after September 1st, then the unit member may opt-out opt-­‐out of the Board’s health insurance plan plan, through the remainder of that contract year. In such event, the above referenced above-­‐referenced health insurance opt-opt-­‐ out incentive bonus would be prorated to reflect the percentage of a full contract year that the unit member stays off the Board’s health plan. In no instance will a unit member be paid the opt- out incentive Opt-­‐Out Incentive if he/she is covered by a spouse or parent who is provided Board-Board paid major medical health insurance.

Opt-Out Incentive. 1. The Board will pay an annual optOpt-out incentive Out Incentive to unit members who opt-out of the Board’s major medical health insurance plan on or before September 1st of each year. The opt-out incentive shall be paid as follows: 2013-2014 Family Plan: $4,200, and 3,000 Single Plan: $2,400.1,500 2014-2015 Family Plan: $3,500 Single Plan: $1,750 A. 2. The lump sum payment shall be made in the last pay in June of each contract school year. B. 3. If coverage is dropped for less than twelve (12) months, the incentive payment will be based on the number of whole months during the contract year for which coverage was dropped. C. 4. For part-part time unit members, the opt-out incentive will be prorated to reflect the proportion of a full time equivalent (FTE) position held by the unit member. D. 5. In order to be eligible to receive the opt-out incentive, the unit member must stay off the Board’s major medical health insurance plan from September 1st through the remainder of that contract year. However, if the unit member experiences a qualifying event (including, but not limited to the unit member’s spouse losing his/her job) then, in such event, the unit member will be eligible to immediately resume his/her health insurance coverage through the Board. The unit member’s opt-out incentive will be prorated to reflect the percentage of a full contract year that the unit member was off the PLSD Board’s health plan. E. 6. If the employer of the spouse of a unit member has a health insurance open enrollment period that begins after September 1st, then the unit member may opt-out of the Board’s health insurance plan plan, through the remainder of that contract year. In such event, the above above-referenced health insurance opt-out incentive bonus would be prorated to reflect the percentage of a full contract year that the unit member stays off the Board’s health plan. In no instance will a unit member be paid the opt- out incentive Opt-Out Incentive if he/she is covered by a spouse or parent who is provided Board-Board paid major medical health insurance.

Opt-Out Incentive. The Board will pay an annual opt-out incentive to unit members who opt-out of the Board’s health insurance plan on or before September 1st of each year. The opt-out incentive shall be paid as follows: Family Plan: $4,200, and Single Plan: $2,400. A. The lump sum payment shall be made in the last pay in June of each contract year. B. If coverage is dropped for less than twelve (12) months, the incentive payment will be based on the number of whole months during the contract year for which coverage was dropped. C. For part-time unit members, the opt-out incentive will be prorated to reflect the proportion of full time equivalent (FTE) position held by the unit member. D. In order to be eligible to receive the opt-out incentive, the unit member must stay off the Board’s health insurance plan from September 1st through the remainder of that contract year. However, if the unit member experiences a qualifying event (including, but not limited to the unit member’s spouse losing his/her job) then, in such event, the unit member will be eligible to immediately resume his/her health insurance coverage through the Board. The unit member’s opt-out incentive will be prorated to reflect the percentage of a full contract year that the unit member was off the Board’s health plan. E. If the employer of the spouse of a unit member has a health insurance open enrollment period that begins after September 1st, then the unit member may opt-opt- out of the Board’s health insurance plan through the remainder of that contract year. In such event, the above referenced health insurance opt-out incentive would be prorated to reflect the percentage of a full contract year that the unit member stays off the Board’s health plan. In no instance will a unit member be paid the opt- out incentive if he/she is covered by a spouse or parent who is provided Board-paid health insurance.

Opt-Out Incentive. The Board will pay an annual opt-opt out incentive to unit members who opt-out of the Board’s health insurance plan on or before September 1st of each yearyear (for the 2015-2016 contract year this date is extended to October 1st). The opt-out incentive shall be paid as follows: Family Plan: $4,200, ; and Single Plan: $2,400.. Xxxxxx, Xxxxxx 9/11/2015 8:45 AM Xxxxxx, Xxxxxx 9/11/2015 8:45 AM A. The lump sum payment shall be made in the last pay in June of each contract year. B. If coverage is dropped for less than twelve (12) months, the incentive payment will be based on the number of whole months during the contract year for which coverage was dropped. C. For part-time unit members, the opt-opt out incentive will be prorated to reflect the proportion of full time equivalent (FTE) position held by the unit member. D. In order to be eligible to receive the opt-opt out incentive, the unit member must stay off the Board’s health insurance plan from September 1st through the remainder of that contract year (October 1st for the 2015-2016 school year). However, if the unit member experiences a qualifying event (including, but not limited to the unit member’s spouse losing his/her job) then, in such event, the unit member will be eligible to immediately resume his/her health insurance coverage through the Board. The unit member’s opt-opt out incentive will be prorated to reflect the percentage of a full contract year that the unit member was off the Board’s health plan. E. If the employer of the spouse of a unit member has a health insurance open enrollment period that begins after September 1st, then the unit member may opt-opt- out of the Board’s health insurance plan through the remainder of that contract year. In such event, the above referenced health insurance opt-out incentive would be prorated to reflect the percentage of a full contract year that the unit member stays off the Board’s health plan. In no instance will a unit member be paid the opt- opt out incentive if he/she is covered by a spouse or parent who is provided Board-paid health insurance.

Opt-Out Incentive. The Board will pay an annual opt-out incentive to unit members who opt-out of the Board’s health insurance plan on or before September December 1st of each year. The opt-out incentive shall be paid as follows: Family Plan: $4,200, and Single Plan: $2,400. A. The lump sum payment shall be made in the last pay in June of each contract year. B. If coverage is dropped for less than twelve (12) months, the incentive payment will be based on the number of whole months during the contract year for which coverage was dropped. C. For part-time unit members, the opt-out incentive will be prorated to reflect the proportion of full time equivalent (FTE) position held by the unit member. D. In order to be eligible to receive the opt-out incentive, the unit member must stay off the Board’s health insurance plan from September 1st through the remainder of that contract year. However, if the unit member experiences a qualifying event (including, but not limited to the unit member’s spouse losing his/her job) then, in such event, the unit member will be eligible to immediately resume his/her health insurance coverage through the Board. The unit member’s opt-out incentive will be prorated to reflect the percentage of a full contract year that the unit member was off the Board’s health plan. E. If the employer of the spouse of a unit member has a health insurance open enrollment period that begins after September 1st, then the unit member may opt-out of the Board’s health insurance plan through the remainder of that contract year. In such event, the above referenced health insurance opt-out incentive would be prorated to reflect the percentage of a full contract year that the unit member stays off the Board’s health plan. In no instance will a unit member be paid the opt- out incentive if he/she is covered by a spouse or parent who is provided Board-paid health insurance.