Common use of Prorated Insurance Clause in Contracts

Prorated Insurance. Bargaining unit members who were employed prior to August 1, 1994 or employed on or after that date and who are regularly scheduled to work thirty (30) hours or more per week shall receive one hundred percent (100%) of the benefits listed in this Article. Bargaining unit members employed on or after August 1, 1994 and who are regularly scheduled to work less than thirty (30) hours per week shall have the Board's share of premiums prorated on a weekly basis based on a ratio to thirty (30) [e.g. 25 hours per week = 5/6th or approximately 83% of the Board's contribution for full benefits.]

Appears in 4 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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Prorated Insurance. Bargaining unit members who were employed prior to August 1, 1994 or employed on or after that date and who are regularly scheduled to work thirty (30) hours or more per week shall receive one hundred percent (100%) of the benefits listed in this Article. Bargaining unit members employed on or after August 1, 1994 and who are regularly scheduled to work less than thirty (30) hours per week shall have the Board's share of premiums prorated on a weekly basis based on a ratio to thirty (30) [e.g. e.g., 25 hours per week = 5/6th or approximately 83% of the Board's contribution for full benefits.]

Appears in 3 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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Prorated Insurance. Bargaining unit members who were employed prior to August 1, 1994 or employed on or after that date and who are regularly scheduled to work thirty (30) hours or more per week shall receive one hundred percent (100%) of the benefits listed in this Article. Bargaining unit members employed on or after August 1, 1994 and who are regularly scheduled to work less than thirty (30) hours per week shall have the Board's ’s share of premiums prorated on a weekly basis based on a ratio to thirty (30) [e.g. e.g., 25 hours per week = 5/6th or approximately 83% of the Board's ’s contribution for full benefits.]

Appears in 1 contract

Samples: Master Agreement

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