Optical Plan. The Employer will adopt the Main Campus optical plan for benefits eligible employees and eligible dependent (IRS definition) family members residing in the employee's household. Eligible employees who elect this benefit will pay the monthly premium by payroll deduction and will agree to participate in the plan for at least twenty-four (24) consecutive months; full time employees will pay 20% of the full monthly premium and part time employees will pay 40% of the full monthly premium. PREMIUM WILL BE TAKEN OUT 26 TIMES A YEAR.
Appears in 6 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement