Premium Holiday. The District agrees to place a cap on the insurance reserves of 40% of the annual premium. Any excess beyond the 40% cap will be returned to the employees in the form of a premium holiday. The District provides all part-time teachers, with an FTE of 0.5 or higher, individual insurance to cover:
Appears in 3 contracts
Samples: Professional Agreement, Professional Agreement, Professional Agreement
Premium Holiday. The District agrees to place a cap on the insurance reserves of 40% of the annual premium. Any excess beyond the 40% cap will be returned to the employees teachers in the form of a premium holiday. The District provides all part-time teachers, with an FTE of 0.5 or higher, individual insurance to cover:
Appears in 2 contracts
Samples: Professional Agreement, Professional Agreement