Payment in Lieu of Health Benefits. This provision is designed and applicable to those employees who currently have dual health insurance coverage or who have the ability to acquire health insurance from another source, other than in a government run health exchange. To take advantage of this offer employees must complete the “Waiver of Insurance Agreement” and provide documentation of alternate coverage. An employee may request participation in this program in June of each year although new employees can enroll at the time they are initially appointed. The annual payment to the employee who terminates their coverage is $1,500, $2,300 and $3,000 for single, two person or family coverage respectively. Payments will be made semiannually in July and January and if an employee terminates or rejoins the program at any time following the date of payment, the employee shall refund that portion of payment following their reenrollment or termination on a prorated basis. Employees may reenroll in the Town’s group health insurance program if the coverage that the employee had through another plan is terminated; if the employee or their dependents become ineligible for coverage under the other plan; if the employee acquires a new dependent and the dependent is not covered under the other plan. Employees wishing to re-enroll under any of the above conditions shall provide required documentation and notify the Town in writing. Provided that all information is received by the Twentieth of the month and subject to any restrictions from the carrier, the Town shall enroll the employee in the group health care plan effective the first of the month following the notification.
Payment in Lieu of Health Benefits. Members who are eligible for Board-paid health benefits as of January 1, 2011 and every January thereafter, either as the primary plan holder or as a dependent of a primary plan holder employed by the Fairfield City School District, and elect not to participate in and who are otherwise not included in the Board-paid health benefit program, and who do not participate in the health benefit program continuously from January 1st through December 31st, will be paid an annual stipend of five hundred dollars ($500.00) payable the last pay period in January in that following year. Members who meet the above-stated eligibility requirements, except that they submit a written resignation for purposes of retirement or resignation and actually retire or resign on or after June 1st but prior to August 31st, will be eligible for a pro-rated stipend, which will be paid in the member’s final pay-off.
Payment in Lieu of Health Benefits. 1. Any full-time Township employee may choose, at his or her sole option, not to be enrolled in the health insurance plan provided by the Township. Any employee so choosing shall be eligible to receive reimbursement, lump sum, as provided herein, in lieu of receiving health, dental or prescription insurance benefits from the Township in acco rdance with the following paymen ts: FAMIL Y; HUSBAND & PARENT & CHILD Dental $ 450 $ 300 Prescription $ 300 $ 200 $ 3,000 $ 2,000
2. An employee who chooses not to accept health insurance coverage must provide satisfactory proof in writing that employee is covered by health insurance provided by his or her spouse or by other means by providing notice of such coverage forthwith. The Township Business Administrator shall decide whether such notice is satisfactory.
3. The lump sum payment referred to in this Article shall be paid on the last pay day in December of each year. Any employee who chooses not to accept health insurance coverage, who leaves the Township employment in good standing shall be entitled to a pro-rata share of the payments set forth above at the time of his or her separation from Township employment. Otherwise such payments shall be made on the last pay day of the completed year.
4. All calculations for any payments hereunder shall be on a pro rata basis calculated upon the differential between the lump sum payment provided for in the prior agreement and the lump sum payment in this agreement.
5. The reimbursement provided herein shall not be considered wages or any other compensation for the purpose of calculating retirement benefits, seniority benefits, longevity benefits, or for any other purpose.
6. If an employee who chooses to accept the in lieu of payment wishes to enroll in the Township's health insurance coverage, he/she may do so by completing the required application forms. only during the carrier's scheduled open enrollment period. The employee will be required to complete the usual waiting period.
Payment in Lieu of Health Benefits. This provision is designed and applicable to those employees who currently have dual health insurance coverage or who have the ability to acquire health insurance from another source. To take ad- vantage of this offer employees must complete the "Waiver of Insurance Agree- ment" and provide documentation of coverage from their spouse or another source. An employee may request participation in this program in June of each year although new employees can enroll at the time they are initially appointed. The annual payment by the Town to the employee who terminates their cover- age is $1,500, $2,300 and $3,000 for single, two person or family coverage re- spectively. Payments will be made semiannually in July and January and if an employee terminates or joins the program at any time following the date of payment, the employee shall refund that portion of payment following their reenrollment or termination on a prorated basis. Employees may reenroll in the Town's group health insurance program when the coverage that the employee had through another plan is terminated; when the employee or their dependents become ineligible for coverage under the other plan; when the employee acquires a new dependent and the dependent is not covered under the other plan. Employees wishing to re-enroll under any of the above conditions shall provide required documentation and notify the Town in writing. Provided that all in- formation is received by the Twentieth of the month and subject to any re- strictions from the carrier, the Town shall enroll the employee in the group health care plan effective the first of the month following the notification.
Payment in Lieu of Health Benefits. A Regular Full-Time or Part-Time Employee may have the option to waive all health benefits (medical, dental and vision) provided herein and will be paid thirty-five dollars ($35) per pay period in lieu of being covered by such health benefits. The Employee must elect this option during the annual benefit open enrollment period. Such Employee is otherwise fully participating in all features of the Agreement.
Payment in Lieu of Health Benefits. (a) EMPLOYER shall pay each artist an amount equal to nine percent (9%) of Gross Compensation* in lieu of health benefits contributions. * GROSS COMPENSATION: The Term “Gross Compensation” for the purpose of this Section, shall mean all taxable income; provided, however, that per diem, meal money, clothing allowance, etc. shall not be considered as part of such gross earnings or gross compensation. In the event the EMPLOYER enters into an agreement for services of an ARTIST (F/S/O agreement) to be furnished by a "loan-out company", (i.e., a corporation which is controlled by an ARTIST and which furnishes ARTIST'S services to others under an F/S/O agreement) compensation shall be based on the amount the EMPLOYER pays the loan-out company for furnishing the ARTIST'S services.
