Common use of Plan Year 2003 Clause in Contracts

Plan Year 2003. For plan year beginning January 1, 2003 through December 31, 2003, the Employer will increase the subsidy paid during plan year 2002 to meet increases in premium costs for PEBB medical and dental plans for plan year 2003, but only up to a maximum amount comparable to an average statewide subsidy increase of $85.00 per eligible employee. Should the additional subsidy amount be insufficient funds to cover full premium costs, the PEBB, in its sole discretion, may decide to use the PEBB reserve funds to cover any additional subsidy beyond the $85.00. If PEBB does not release sufficient reserves, the parties agree to delay implementation of the effective date of the February 1, 2003 salary increase by one month or as agreed to by the parties. If spending the full $85.00 subsidy is not necessary to provide coverage with no out of pocket health and dental premium costs to all eligible employees, the parties agree to early implementation of the February 1, 2003 salary increase as provided herein. For every $15.00 reduction in the average subsidy expense, the February 1, 2003 salary implementation date shall be moved forward one month.

Plan Year 2003. For plan year beginning January 1, 2003 through December 31, 2003, the Employer will increase the subsidy paid during plan year 2002 to meet increases in premium costs for PEBB medical and dental plans for plan year 2003, but only up to a maximum amount comparable to an average statewide subsidy increase of $85.00 per eligible employee. Should the additional subsidy amount be insufficient funds to cover full premium costs, the PEBB, in its sole discretion, may decide to use the PEBB reserve funds to cover any additional subsidy beyond the $85.00. If PEBB does not release sufficient reserves, the parties agree to delay implementation of the effective date of the February 101, 2003 salary increase by one month or as agreed to by the parties. If spending the full $85.00 subsidy is not necessary to provide coverage with no out of pocket health and dental premium costs to all eligible employees, the parties agree to early implementation of the February 1, 2003 salary increase as provided herein. For every $15.00 reduction in the average subsidy expense, the February 1, 2003 salary implementation date shall be moved forward one month.

Plan Year 2003. For plan year beginning January 1, 2003 through December 31, 2003, the Employer will increase the subsidy paid during plan year 2002 to meet increases in premium costs for PEBB medical and dental plans for plan year 2003, but only up to a maximum amount comparable to an average statewide subsidy increase of $85.00 per eligible employee. Should the additional subsidy amount be insufficient funds to cover over full premium costs, the PEBB, in its sole discretion, may decide to use the PEBB reserve funds to cover any additional subsidy beyond the $85.00. If PEBB does not release sufficient reserves, the parties agree to delay implementation of the effective date of the February 1, 2003 salary increase by one month or as agreed to by the parties. If spending the full $85.00 subsidy is not necessary to provide coverage with no out of out-of- pocket health and dental premium costs to all eligible employees, the parties agree to early implementation of the February 1, 2003 salary increase as provided herein. For every $15.00 reduction in the average subsidy expense, the February 1, 2003 salary implementation date shall be moved forward one month.

Plan Year 2003. For plan year beginning January 1, 2003 through December 31, 2003, the Employer will increase the subsidy paid during plan year 2002 to meet increases in premium costs for PEBB medical and dental plans for plan year 2003, but only up to a maximum amount comparable to an average statewide subsidy increase of $85.00 per eligible employee. Should the additional subsidy amount be insufficient funds to cover full premium costs, the PEBB, in its it sole discretion, may decide to use the PEBB reserve funds to cover any additional subsidy beyond the $85.00. If PEBB does not release sufficient reserves, the parties agree to delay implementation of the effective date of the February 1, 2003 salary increase by one (1) month or as agreed to by the parties. If spending the full $85.00 subsidy is not necessary to provide coverage with no out of out-of- pocket health and dental premium costs to all eligible employees, the parties agree to early implementation of the February 1, 2003 salary increase as provided herein. For every $15.00 reduction in the average subsidy expense, the February 1, 2003 salary implementation date shall be moved forward one (1) month.

Plan Year 2003. For plan year beginning January 1, 2003 through December 31, 2003, the Employer will increase the subsidy paid during plan year 2002 to meet increases in premium costs for PEBB medical and dental plans for plan year 2003, but only up to a maximum amount comparable to an average statewide subsidy increase of $85.00 per eligible employee. Should the additional subsidy amount be insufficient funds to cover full premium costs, the PEBB, in its sole discretion, may decide to use the PEBB reserve funds to cover any additional subsidy beyond the $85.00. If PEBB does not release sufficient reserves, the parties agree to delay implementation of the effective date of the February 1, 2003 salary increase by one month or as agreed to by the parties. If spending the full $85.00 subsidy is not necessary to provide coverage with no out of out-of- pocket health and dental premium costs to all eligible employees, the parties agree to early implementation of the February 1, 2003 salary increase as provided herein. For every $15.00 reduction in the average subsidy expense, the February 1, 2003 salary implementation date shall be moved forward one month.