Premium Proration Sample Clauses

Premium Proration. The Employer’s and employees respective contributions toward the premium cost of the foregoing coverage shall be as follows: Regular Hours Worked Per Day/Per Week Percent of Employer Contribution to Monthly Premium Cost Percent of Employee Contribution to Monthly Premium Cost Under 4 hours per day/20 hours per week Not eligible for coverage Not eligible for coverage 4 - 5.9 hours per day/20 - 29.9 hours per week 50% 50% 6 – 7.9 hours per day/30 - 39.9 hours per week 75% 25%
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Premium Proration. Employees shall be entitled to paid fringe benefits, as permitted above, on a prorated basis. For three (3) to less than four (4) hours worked per day (and 15 to less than 20 hours per week), the Employer will pay fifty (50) percent of the coverage chosen by the employee; For four (4) to less than six (6) hours worked per day (and 20 to less than 30 hours per week), the Employer will pay seventy-five (75) percent of the coverage selected; For six (6) or more hours worked per day (and 30 or more hours per week), the Employer will pay one hundred (100%) of the coverage selected.
Premium Proration. Employees shall be entitled to paid fringe benefits, as permitted above, on a prorated basis. For four (4) to less than six (6) hours worked per day (and 20 to less than 30 hours per week), the Employer will pay seventy-five (75) percent of the annual district contribution; (For child care workers, the employee must work 10 shifts per week to qualify for seventy-five (75) percent employer paid benefits). For six (6) or more hours worked per day (and 30 or more hours per week), the Employer will pay one hundred (100%) of the annual district contribution.
Premium Proration. The Employer's and employee's respective contributions toward the premium cost of the foregoing coverage shall be subject to the provisions listed above in Article 21, Section B and as follows: REGULAR HOURS WORKED PER DAY/PER WEEK PERCENT OF EMPLOYER CONTRIBUTION TO MONTHLY PREMIUM COST PERCENT OF EMPLOYEE CONTRIBUTION TO MONTHLY PREMIUM COST Under 3.5 hours per day/17.5 hours per week Not eligible for coverage Not eligible for coverage 3.5 -5 hours per day/17.5 -24 hours per week 50% 50% 5 – 7 hours per day/25-34 hours per week 75% 25% 7 or more hours per day and over 34 hours per week 100% 0%

Related to Premium Proration

  • Closing Costs and Prorations Taxes and assessments for the current year, if any, shall be prorated between the prior owner of the Personal Property and Buyer as of the date of closing. Seller shall pay one-half (½) of Closing Agent’s closing and escrow fees. Buyer shall pay one-half (½) of Closing Agent’s closing and escrow fees. In addition, Buyer shall pay all other closing costs, including but not limited to: (1) recording fees for the cost of recording the State Deed; (2) the cost for any title insurance purchased at Buyer’s option; (3) lender fees, if any, together with all associated recording fees, if any; and (4) any other cost, fee, or expense which may be reasonably required in order for the transaction to close.

  • 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.

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