Common use of Part-time, Seasonal and Intermittent Employees Electing Full-time Insurance Clause in Contracts

Part-time, Seasonal and Intermittent Employees Electing Full-time Insurance. The state will pay 95% of the monthly benefit premium amount of the plan selected by the employee calculated per Article 31, Section 3 as follows: Full time premium rate x .95 x the ratio of paid regular hours to full-time hours to the nearest full percent = State contribution In addition, the state will pay up to an additional monthly subsidy for employee's monthly premium rate for employees with salary rates $2,696 and below a month. The employee will pay the premium balance.

Appears in 10 contracts

Samples: Letter of Agreement, Letter of Agreement, Letter of Agreement

AutoNDA by SimpleDocs

Part-time, Seasonal and Intermittent Employees Electing Full-time Insurance. The state will pay 95% of the monthly benefit premium amount of the plan selected by the employee calculated per Article 31, Section 3 as follows: Full time premium rate x .95 x the ratio of paid regular hours to full-time hours to the nearest full percent = State contribution In addition, the state will pay up to an additional monthly subsidy up to forty ($40) dollars for employee's monthly premium rate for employees with salary rates $2,696 at Salary Range 21, Step 1 and below a month. The employee will pay the premium balance.

Appears in 5 contracts

Samples: Letter of Agreement, Letter of Agreement, Letter of Agreement

Part-time, Seasonal and Intermittent Employees Electing Full-time Insurance. The state will pay 95% of the monthly benefit premium amount of the plan selected by the employee calculated per Article 31, Section 3 as follows: Full time premium rate x .95 x the ratio of paid regular hours to full-time hours to the nearest full percent = State contribution In addition, the state will pay up to an additional monthly subsidy up to forty ($40) dollars for employee's monthly premium rate for employees with salary rates $2,696 at Salary Range 21, Step 1 and below a per month. The employee will pay the premium balance.

Appears in 1 contract

Samples: Letter of Agreement

Part-time, Seasonal and Intermittent Employees Electing Full-time Insurance. The state will pay 95% of the monthly benefit premium amount of the plan selected by the employee calculated per Article 31, Section 3 as follows: Full PT time premium rate x .95 x the ratio of paid regular hours to full-time hours to the nearest full percent = State contribution In addition, the state will pay up to an additional monthly subsidy up to forty ($40) dollars for employee's monthly premium rate for employees with salary rates $2,696 at Salary Range 21, Step 1 and below a month. The employee will pay the premium balance.

Appears in 1 contract

Samples: Letter of Agreement

AutoNDA by SimpleDocs

Part-time, Seasonal and Intermittent Employees Electing Full-time Insurance. The state will pay 95% of the monthly benefit premium amount of the plan selected by the employee calculated per Article 31, Section 3 as follows: Full time premium rate x .95 x the ratio of paid regular hours to full-time hours to the nearest full percent = State contribution In addition, the state will pay up to an additional monthly subsidy for employee's monthly premium rate for employees with salary rates $2,696 and below a month. The employee will pay the premium balance.. LETTER OF AGREEMENT

Appears in 1 contract

Samples: Letter of Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.