Premium Contribution. Effective January 1, 2019, each member shall contribute 12% of the premium. Premium contribution for dental and vision coverage shall remain at 7% for the duration of this agreement.
Premium Contribution. (a) The State agrees to pay 90 percent of the cost of individual coverage and 75 percent of the cost of dependent coverage, provided under the Empire Plan. The State shall pay 90 percent for individual prescription drug coverage and 75 percent for dependent prescription drug coverage under the Empire Plan. Effective October 1, 2011, for employees in a title Salary Grade 9 or below (or an employee equated to a position Salary Grade 9 or below), the State agrees to pay 88 percent of the cost of individual coverage and 73 percent of the cost of dependent coverage. Effective October 1,2011, for employees in a title Salary Grade 10 and above (or an employee equated to a position title Salary Grade 10 and above) the State agrees to pay 84 percent of the cost of individual coverage and 69 percent of the cost of dependent coverage.
(b) The State agrees to pay 90 percent of the cost of individual coverage and 75 percent of the cost of dependent coverage, toward the hospital/medical/mental health and substance abuse components of each HMO, not to exceed, 100 percent of its dollar contribution for those components under the Empire Plan. The State will pay 90 percent of the cost of individual prescription drug coverage and 75 percent of the cost of dependent prescription drug coverage under the Health Maintenance Organizations. Effective October 1,2011, for employees in a title Salary Grade 9 or below (or an employee equated to a position title Salary Grade 9 or below), the State agrees to pay 88 percent of the cost of individual coverage and 73 percent of the cost of dependent coverage toward the hospital/medical/mental health and substance abuse component of each HMO, not to exceed 100 percent of its dollar contribution for those components under the Empire Plan, and the State agrees to pay 88 percent of the cost of individual prescription drug coverage and 73 percent of dependent prescription drug coverage under each participating HMO. Effective October 1,2011, for employees in a title Salary Grade 10 and above (or an employee equated to a position title Salary Grade 10 and above) the State agrees to pay 84 percent of the cost of individual coverage and 69 percent of the cost of dependent coverage toward the hospital/medical/mental health and substance abuse component of each HMO, not to exceed 100 percent of its dollar contribution for those components under the Empire Plan, and the State agrees to pay 84 percent of the cost of individual prescription drug coverag...
Premium Contribution. Contributions may be pre-tax through the District’s IRS Section 125 plan. The District will be responsible for 80% of the annual medical premium for eligible employees and eligible employees will be responsible for the remaining 20% of the annual medical premium. If the projected annual cost changes on July 1, 2013, the 80/20 cost sharing shall be adjusted accordingly with the 20% paid by the eligible employees allocated among them as determined by the Association.
Premium Contribution. 14.4.1 For full-time employees, the Superintendent shall contribute toward insurance premiums effective July 1, 2023, $1,000 per month. The employee shall contribute the remainder ofthe insurance premiums, if any, through payroll deduction.
14.4.2 For part-time employees, the Superintendent shall contribute a prorated amount toward insurance premiums. The employee shall contribute the remainder of the insurance premiums for selected insurance options through payroll deduction. The amount of the Superintendent’s contribution shall be based on:
14.4.2.1 The percentage of full time that the employee is regularly scheduled to work.
14.4.2.2 The premium amount shall be based on the amount paid by the Superintendent for full time employees in Section 14.3.1.
Premium Contribution. Employees are obliged to pay a premium of 1.64% of their monthly salary up to the departure date. The premium contribution is calculated on the salary up to maximum the final salary and the vacation pay. The premium contribution is deducted monthly from the salary.
Premium Contribution. (a) Effective October 1, 2022, the District shall contribute a maximum of $1,258.00 per month (for 12 months of coverage) toward unit member medical insurance premiums. This amount is prorated as follows: 50.00% = 15.00 to 16.87 average hours per week during the prior school year 56.25% = 16.88 to 18.74 average hours per week during the prior school year 62.50% = 18.75 to 20.62 average hours per week during the prior school year 68.75% = 20.63 to 22.49 average hours per week during the prior school year 75.00% = 22.50 to 24.37 average hours per week during the prior school year 100.00% = 24.38 to 30.00 average hours per week during the prior school year The employee shall contribute the remainder of the insurance premiums, if any, through payroll deduction. An IRC Section 125 plan is available to unit members to pay premium contributions on a pre-tax basis.
(b) For part-time employees, the District shall contribute a prorated amount toward insurance premiums. The employee shall contribute the remainder of the insurance premiums for selected insurance options through payroll deduction. The amount of the District’s contribution shall be prorated based on the percentage of full time that the employee is regularly assigned to work.
Premium Contribution. 3.1 You agree to contribute CEI Premium Contribution per month to the pool (“Premium Contribution”). This Premium Contribution will be collected upon registration and upon renewal which takes place on the 28th of each month and will be kept in a separate segregated account.
3.2 In the event of a claim by a Member, a prorated amount of your Premium Contributions will be used to satisfy the claim. Your pro-rated contribution is calculated as follows: Total Claims for the month / total Premium Contributions from the CEI Members subjected to a maximum contribution cap equivalent to your Premium Contributions (“Cap”). (For example, if there is one verified claim for SGD3,000 for the month and there are SGD300,000 total Contributions collected, your Contribution for that month is 1% of your Premium Contribution)
3.3 At the end of each term, any unclaimed amount after deducting the Membership Fee will be available for withdrawal or cash out to your designated accounts by the 10th day of each month. For example, if there is no claim for the month of January, you can request for your cash out (i.e. full Premium Contribution less of Membership Fee) by 10th of February.
3.4 At any time, you will be able to see your contribution balance amount through your account dashboard.
Premium Contribution. For eligible (Section 7.1) bargaining unit members, the Employer shall contribute the full premium toward employee-only insurance premium, unless otherwise bargained at a later date.
Premium Contribution. KOSE shall have the right to propose changes in the health benefit premium contribution shares at the same time, and in the same manner as it meets and confers regarding general wage increases in accordance with Article 10.
Premium Contribution. Reference Article XIV, Section 1 – Medical, Section 2, Dental, Section 3 – Vision, Section 4 – Full-Time Employee.
