Common use of Premium Holiday Clause in Contracts

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

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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

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