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
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
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