Premium Percentages Sample Clauses

Premium Percentages. A. The following percentages of the premiums shall be paid by the City and each member for single or family coverage under the health insurance plan: SINGLE FAMILY EMPLOYER MEMBER 80% 80% 20 % 20%
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Premium Percentages. (premium percentage for all current and future staff.) Once the sick bank is depleted the retiree may continue coverage under the applicable Premium Percentage. YEARS OF SERVICE RETIREE’S PORTION SCLIWC’S PORTION AT RETIREMENT OF PREMIUMS OF PREMIUMS 25 AND OVER 50% 50% 10-24 65% 35% Premium Percentages: Employees whose most recent date of hire is prior to 1/1/2015, the following percentages apply. YEARS OF SERVICE RETIREE’S PORTION SCLIWC’S PORTION AT RETIREMENT OF PREMIUMS OF PREMIUMS 30 AND OVER 25% 75% 25 –29 50% 50% 15-24 65% 35% 10-14 80% 20% Employees who are hired on or after 1/1/2015, the following applies: YEARS OF SERVICE RETIREE’S PORTION SCLIWC’S PORTION AT RETIREMENT OF PREMIUMS OF PREMIUMS 30 AND OVER 50% 50% 25 –29 65% 35%
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Premium Percentages. Employees whose most recent date of hire is prior to 1/1/2015, the following percentages apply. YEARS OF SERVICE AT RETIREMENT RETIREE’S PORTION OF PREMIUMS SCLIWC’S PORTION OF PREMIUMS 30 AND OVER 25% 75% 25 –29 50% 50% 15-24 65% 35% 10-14 80% 20% Employees who are hired on or after 1/1/2015, the following applies: YEARS OF SERVICE RETIREE’S PORTION SCLIWC’S PORTION AT RETIREMENT OF PREMIUMS OF PREMIUMS 30 AND OVER 50% 50% 25 –29 65% 35% 10-24 80% 20%
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Related to Premium Percentages

  • OPWC/Local Subdivision Participation Percentages For the sole and express purpose of financing/reimbursing costs of the Project, the estimated costs of which are set forth and described below, the Recipient hereby designates its Local Subdivision Percentage Contribution as amounting to a minimum total value of 21.5 % of the total Project Cost. The OPWC Participation Percentage shall be 76.2 % not to exceed $ 1,768,247 .

  • Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation.

  • Maximum Accumulation Maximum accumulation amounts apply only to the amount of annual leave that may be carried over from one leave year to the next, and do not limit accumulated leave balances during the leave year.

  • Premium Payments If an employee with at least three years of service in the employ of the Shaker Heights Board of Education should exhaust his/her sick leave within the time specifications of this contract and is granted a leave of absence by the Board, the Board shall continue to pay his/her premiums in accordance with his/her work assignment for the following fringe benefits for a period not to exceed twelve (12) months. The payment of such premiums will cease on the effective date an employee retires, resigns, goes on disability retirement or his/her contract is terminated.

  • Increments Leave of absence shall not affect annual increments, when granted for educational purposes and parental leave. (Reference Article 12 - Anniversary Date and Increments.)

  • Premium Pay “Premium Pay” is a special pay rate for working during times that are less desirable, such as weekends, holidays or late shifts. The City will not pay the Consultant Premium Pay.

  • Reallocation to a Class with a Higher Salary Range Maximum Upon appointment to the higher class, the employee’s base salary will be increased to a step of the range for the new class that is nearest to five percent (5.0%) higher than the amount of the pre-promotional step, or to the entry step of the new range, whichever is higher.

  • Call Back Pay 1. When an employee returns to work because of an agency/department request made after the employee has completed his or her normal work shift and left the work station, the employee shall be credited with four (4) hours work plus any hours of work in excess of four (4) hours in which the employee is continuously engaged in work for which he or she was called back.

  • PERCENTAGE GOAL The goal for Historically Underutilized Business (HUB) participation in the work to be performed under this contract is 23.7 % of the contract amount.

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