Optional Benefit Plan. A. Eligibility - a full-time regular, limited-term or probationary employee is eligible to receive the Optional Benefit provided he or she is continuously employed in a full-time capacity. Part-time employees whose normal workweek consists of twenty (20) hours or more will be eligible to receive fifty (50) percent of the Optional Benefit amount available to full-time employees. Employees hired or promoted after the commencement of a plan year will be eligible for the Optional Benefit on a pro-rata basis the first day of the month following the twenty-eighth (28th) day of employment in an eligible classification. An employee on an unpaid leave of absence during the annual Open Enrollment period will be provided the opportunity to make his/her elections for the upcoming plan year. However, if the employee has not returned to work in an eligible status on January 1st of the new plan year, his/her elections will be suspended until he/she returns to work. Upon return to work, elections and benefits will be reinstated on a prorated basis, effective the first day of the month following the return to work in an eligible classification.
B. Each eligible full-time employee shall be entitled to select benefits from those listed below at a cost to the County, and be reimbursed for eligible expenses in an amount not to exceed three thousand five-hundred ($3,500) dollars, effective the beginning of each calendar year. Eligible part-time employees shall be reimbursed in an amount not to exceed one-half of the Optional Benefit Plan for full-time managers. The options available shall include the following types of benefits such as:
1. Cash (taxable);
2. Health/Accident;
a. Health care and/or dental expenses which are not reimbursed through any other source (employee and/or dependents) as permitted by state and federal law, regulations, and guidelines, and as permitted by the County’s Section 125 Plan Document. Examples of items covered under this provision may include such items as health and dental insurance deductibles, vision care, lenses and frames for eye glasses, and orthodontic treatment;
i. Any portion of the Optional Benefit allocated towards the health reimbursement category as outlined in Section 2. a. will be subtracted from the amount the employee is eligible for under the County’s Health Care Reimbursement Account (if the employee participates) and subject to state and federal law, regulations and guidelines and as permitted by the County’s Section 125 Plan d...
Optional Benefit Plan. The County shall provide each eligible full-time employee a contribution of $6,240.00 per fiscal year, prorated over twenty-four (24) pay periods, toward the purchase of benefits included within the optional Benefit Plan (OBP). Each pro-rated contribution shall not be deemed earned until the pay period in which it is paid. These benefits are specifically defined in the Optional Benefits Plan. Provisions generally include the following:
A. El Dorado County Health Care Account - Eligible employees may elect to receive medical and dental benefits under the County Optional Benefits Plan.
B. Supplemental Life Insurance - An employee eligible under this section may use the Optional Benefits Plan to purchase additional life insurance subject to the provision of the Optional Benefits Plan and respective life insurance plans.
C. Dependent Care - An employee eligible under this section may use the Optional Benefits Plan for reimbursing dependent care expenses subject to the provisions of the Optional Benefits Plan.
D. Un-reimbursed Health Care - An employee eligible under this section may use the Optional Benefits Plan to establish an account for reimbursing uninsured health care expenses subject to the provisions of the Plan.
X. Xxxx - An employee eligible under this section, who has elected to receive the employee’s optional benefit or portion thereof in cash, may receive cash, which is taxable income, subject to the provision of the Plan. Employees who have elected to receive all or a portion of their optional benefit in cash shall receive such cash in equal prorated amounts over twenty-four (24) pay periods; provided, however, that the employee must have been in paid status during a pay period to receive that pay period's prorated optional benefit amount.
F. Part-time Employee - A part-time employee, who on December 31, 1989 was provided with the full Optional Benefits Plan as a full-time employee, shall continue to be eligible for the full Optional Benefits Plan.
1. An employee who is hired on or after January 1, 1990, and whose regular work schedule as documented on the Payroll Personnel Form is between 64-79 hour per pay period, will be entitled to the same Optional Benefits Plan for a full-time employee.
2. A part-time employee who is hired on or after January 1, 1990, and whose regular work schedule as documented on the Payroll Personnel form is between 40-63 hours per pay period, will be entitled to receive seventy-five percent (75%) of the Optional Bene...
Optional Benefit Plan. The County shall provide each eligible full-time employee a contribution of $171.17 each twenty-four (24) pay period towards the purchase of benefits included within the Optional Benefit Plan. The County agrees to make this contribution to each employee's Optional Benefit Plan Account each of the twenty-four (24) payroll periods in which the employee is in a pay status for the full pay period or is on an approved leave of absence where they are receiving pay from vacation or sick leave for at least sixteen (16) hours in a pay period. The County shall not make any contribution for employees not in an approved leave status or receiving less than sixteen (16) hours of pay. Employees receiving less than sixteen (16) hours of pay per pay period and therefore not eligible for a County contribution shall pay the total contribution necessary to continue health and dental benefits. The payment is to made payable to the El Dorado County and provide to the Risk Management Division. These benefits are specifically defined in the Optional Benefit Plan. Provisions generally include the following:
A. El Dorado County Health Care Account - Eligible employees may elect to receive medical and dental benefits under the County Optional Benefits Plan.
B. Supplemental Life Insurance - An employee eligible under this section may use the Optional Benefit Plan to purchase additional life insurance subject to the provision of the Optional Benefits Plan and respective life insurance plans.
C. Dependent Care - An employee eligible under this section may use the Optional Benefit Plan for reimbursing dependent care expenses subject to the provisions of the Optional Benefit Plan.
D. Un-reimbursed Health Care - An employee eligible under this section may use the Optional Benefit Plan to establish an account for reimbursing uninsured health care expenses subject to the provisions of the Plan.
Optional Benefit Plan. The County shall provide each eligible full-time employee a contribution of six thousand two hundred forty dollars ($6,240) per fiscal year, prorated over twenty-four (24) benefit pay periods, toward the purchase of benefits included within the Optional Benefit Plan. Each prorated contribution shall not be deemed earned until the pay period in which it is paid. Effective the first full pay period of the 2019 health plan year, the OBP will only be available as a cash payment, which is taxable income, that employees may use at their discretion to offset the cost of optional benefits. Optional benefits are specifically defined in the Optional Benefit Plan. Provisions generally include the following:
A. El Dorado County Health Care Account – Eligible employees may elect to receive medical and dental benefits under the County Optional Benefits Plan.
Optional Benefit Plan. A. Each eligible employee shall be entitled to select benefits from those listed below at a cost to the County, not to exceed three thousand five-hundred ($3,500) dollars, effective the beginning of each calendar year.
B. The purpose of the plan is to provide options to individual employees to best meet the needs of themselves and dependents while enhancing the employee's expertise and skills on the job. The options available shall include the following types of benefits such as:
1. cash (taxable);
2. professional conferences which are job related (employee only) including fees and other expenses while attending;
Optional Benefit Plan. Each full-time employee shall receive an Optional Benefit Plan allocation to be applied to available benefits. If deemed necessary the City may change insurance providers for the employees. The Optional Benefit Plan amount may be increased or decreased upon approval of Administration and City Council. The Optional Benefit money is not taxed if used for deferred compensation, health, dental, and vision insurance. If the employee chooses to receive all or part of their Optional Benefit Plan money in cash, the money is subject to all taxes as required by law. The Optional Benefit Plan may be spent on benefits of the employee’s choice from the following options:
Optional Benefit Plan. The County shall provide each eligible full-time employee a contribution of $6,000 per fiscal year, prorated over twenty-six (26) pay periods, toward the purchase of benefits included within the optional Benefit Plan (OBP). These benefits are specifically defined in the Optional Benefits Plan. Provisions generally include the following:
A. El Dorado County Health Care Account - Eligible employees may elect to receive medical and dental benefits under the County Optional Benefits Plan.
Optional Benefit Plan. The County shall provide each eligible full-time employee a contribution of six thousand two hundred forty dollars ($6,240) per fiscal year, prorated over twenty-four (24) pay periods in which the employee is in a paid status for the full pay period or is on an approved leave of absence where they are receiving pay from vacation or sick leave for at least sixteen (16) hours in a pay period. Each prorated contribution shall not be deemed earned until the pay period in which it is paid. The County shall not make any contribution for employees not in an approved leave status or receiving less than sixteen (16) hours of pay. Employees receiving less than sixteen (16) hours of pay per pay period and therefore not eligible for a County contribution shall pay the total contribution necessary to continue health and dental benefits. The payment is to be made payable to El Dorado County, and provided to the Risk Management Division. Optional benefits are specifically defined in the Optional Benefits Plan. Provisions generally include the following:
A. El Dorado County Health Care Account - Eligible employees may elect to receive medical and dental benefits under the County Optional Benefits Plan.
Optional Benefit Plan
