Common use of Premium Contribution Clause in Contracts

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.

Appears in 4 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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