Common use of Plan Year 2001 Clause in Contracts

Plan Year 2001. The Employer contribution shall be sufficient to cover the Public Employees Benefit Board’s (PEBB) prototype plans and basic dental coverage within each tier as designated by PEBB annually for the employee and family. An employee may choose not to participate in a prototype plan and may select a plan of greater or lesser premium cost. If the employee selects a plan of greater cost, there may be out of pocket monthly expense to the employee. If the employee selects a plan of lesser cost, the employee may receive cash back. The amount of any out of pocket or cash back cost will be determined by PEBB. The Employer insurance contribution for plan year 2001 will be based on the composite of the PEBB prototype contribution tiers. The Employer contribution shall be sufficient to cover the PEBB prototype plans and basic dental coverage within each tier as designated by PEBB annually for the employee and family. An employee may choose not to participate in a prototype plan and may select a plan of greater or lesser premium cost. If the employee selects a plan of greater cost, there may be out of pocket monthly expense to the employee. If the employee selects a plan of lesser cost, the employee may receive cash back. The amount of any out of pocket or cash back cost will be determined by the PEBB.

Appears in 8 contracts

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

AutoNDA by SimpleDocs

Plan Year 2001. The Employer contribution shall be sufficient to cover the Public Employees Benefit Board’s (PEBB) prototype plans and basic dental coverage within each tier as designated by PEBB annually for the employee and family. An employee may choose not to participate in a prototype plan and may select a plan of greater or lesser premium cost. If the employee selects a plan of greater cost, there may be out of pocket monthly expense to the employee. If the employee selects a plan of lesser cost, the employee may receive cash back. The amount of any out of pocket or cash back cost will be determined by PEBB. The Employer insurance contribution for plan year 2001 will be based on the composite of the PEBB prototype contribution tiers. The Employer contribution shall be sufficient to cover the PEBB prototype plans and basic dental coverage within each tier as designated by PEBB annually for the employee and family. An employee may choose not to participate in a prototype plan and may select a plan of greater or lesser premium cost. If the employee selects a plan of greater cost, there may be out of pocket monthly expense to the employee. If the employee selects a plan of lesser cost, the employee may receive cash back. The amount of any out of pocket or cash back cost will be determined by the PEBB. The Employer insurance contribution for plan year 2001 will be based on the composite of the Public Employees Benefit Board’s (PEBB) prototype contribution tiers. The Employer contribution shall be sufficient to cover the PEBB prototypes within each tier and basic dental coverage as designated by PEBB for the employee and family. An employee may choose not to participate in a prototype plan and may select a plan of greater or lesser premium cost. If the employee selects a plan of greater premium cost, there may be out-of-pocket monthly cost to the employee. If the employee selects a lower cost plan, the employee may receive cash back. The amount of any cash back, or out-of- pocket cost will be determined by the PEBB Board.

Appears in 2 contracts

Samples: Agreement, Letter of Agreement

AutoNDA by SimpleDocs

Plan Year 2001. The Employer contribution shall be sufficient to cover the Public Employees Benefit Board’s (PEBB) prototype plans and basic dental coverage within each tier as designated by PEBB annually for the employee and family. An employee may choose not to participate in a prototype plan and may select a plan of greater or lesser premium cost. If the employee selects a plan of greater cost, there may be out of pocket monthly expense to the employee. If the employee selects a plan of lesser cost, the employee may receive cash back. The amount of any out of pocket or cash back cost will be determined by PEBB. The Employer insurance contribution for plan year 2001 will be based on the composite of the PEBB prototype contribution tiers. The Employer contribution shall be sufficient to cover the PEBB prototype plans and basic dental coverage within each tier as designated by PEBB annually for the employee and family. An employee may choose not to participate in a prototype plan and may select a plan of greater or lesser premium cost. If the employee selects a plan of greater cost, there may be out of pocket monthly expense to the employee. If the employee selects a plan of lesser cost, the employee may receive cash back. The amount of any out of pocket or cash back cost will be determined by PEBB. The Employer insurance contribution for the plan year 2001 will be based on the composite of the Public Employees Benefit Board’s (PEBB) prototype contribution tiers. The Employer contribution shall be sufficient to cover the PEBB prototypes within each tier and basic dental coverage as designated by PEBB for the employee and family. An employee may choose not to participate in a prototype plan and may select a plan of greater or lesser premium cost. If the employee selects a plan of greater premium cost, there may be out-of-pocket monthly cost to the employee. If the employee selects a lower cost plan, the employee may receive cash back. The amount of any cash back, or out-of-pocket cost will be determined by the PEBB Board.

Appears in 1 contract

Samples: Letter of Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!