RHS Plan Sample Clauses

RHS Plan. The City agrees to provide a Retiree Health Savings Plan (RHS) to allow eligible employees the ability to provide some funding for retiree health care costs with eligible unused sick and vacation leave payments. The tax treatment of such a plan requires mandatory employee participation and the Union agrees its members will fund this plan as follows: 100 percent of eligible unused sick and vacation leave payments received at the time of retirement or separation. The City shall control and manage the operation and administration of the plan. Employees eligible for participation include any member with at least 15 years of service upon separation or retirement.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
RHS Plan. The City of Sioux Falls agrees to provide a Retiree Health Savings (RHS) Plan to allow employees who retire and are eligible for benefits from the Employee’s Retirement System, Police Division, the ability to provide some funding for retiree health costs with eligible unused sick and vacation leave payments at the time of retirement. The tax treatment of such a plan requires mandatory employee participation, and the Union agrees its members will fund this plan as follows: 100 percent of eligible unused sick and vacation leave payments received at the time of retirement. The City of Sioux Falls shall control and manage the operation and administration of the plan in accordance with federal law and IRS regulations. Exhibit A City of Sioux Falls Police Pay Grades Effective 01/14/2019 Effective 01/13/2020 -1- -2- -3- -4- -5- -6- -7- -8- -9- Police Officer 850 2019 24.85 26.13 27.44 28.73 30.03 31.35 32.66 33.96 35.26 2020 25.60 26.91 28.26 29.59 30.93 32.29 33.64 34.98 36.32 Police Sergeant 855 2019 37.90 39.25 40.64 2020 39.04 40.43 41.86 Sioux Falls F.O.P. Lodge #1—L.C.‌ Grievance Form (please print or type) NAME: Note: Employees should reference Article 20 of the contract for complete grievance procedure.
Sample 1
RHS Plan. An employee who retires from the City of Xxxxxx after January 1, 1989, shall be entitled to participate in the City sponsored medical plan and the City shall contribute up to a maximum of ninety-eight dollars ($98.00) per month toward the premium for employee only coverage under the City sponsored medical plans. As a result of the City contracting for CalPERS medical insurance pursuant to PEMHCA provisions effective October 1, 2012, the following revisions to this Section shall change as follow:
Sample 1

Related to RHS Plan

  • SEB Plan The parties agree to establish and administer a Supplemental Employment Benefits Plan (the “Plan”) as follows:

  • Drug Plan 42.01 The parties agree to the continuation of the Drug Care plan as follows:

  • Meal Plan The Student who resides in a university residence hall is required to purchase a full residential dining plan (commuter plans are not acceptable). The Student who resides in Bobcat Village may choose either a residential or a commuter plan, but is not obligated to make a dining plan purchase due to availability of kitchen in each apartment unit.

  • Deferral Plan The deferral portion of the plan shall involve an employee spreading four (4) years' salary over a five (5) year period, or such other schedule as may be mutually agreed between the employee and the Hospital. In the case of the four (4) years' salary over a five (5) year schedule, during the four (4) years of salary deferral, 20% of the employee's gross annual earnings will be deducted and held for the employee. Such deferred salary will not be accessible to the employee until the year of the leave or upon the collapse of the plan. In the case of another mutually agreed upon deferral schedule, the percentage of salary deferred shall be adjusted appropriately.

  • Transition Plan In the event of termination by the LHIN pursuant to this section, the LHIN and the HSP will develop a Transition Plan. The HSP agrees that it will take all actions, and provide all information, required by the LHIN to facilitate the transition of the HSP’s clients.

  • Leave Plan Effective April the Hospital agrees to introduce a leave program, funded solely by the nurse, subject to the following terms and conditions:

  • Plan The Award and all rights of the Participant under this Agreement are subject to the terms and conditions of the provisions of the Plan, incorporated herein by reference. The Participant agrees to be bound by the terms of the Plan and this Agreement. The Participant acknowledges having read and understanding the Plan, the Prospectus for the Plan, and this Agreement. Unless otherwise expressly provided in other sections of this Agreement, provisions of the Plan that confer discretionary authority on the Board or the Administrator do not (and shall not be deemed to) create any rights in the Participant unless such rights are expressly set forth herein or are otherwise in the sole discretion of the Board or the Administrator so conferred by appropriate action of the Board or the Administrator under the Plan after the date hereof.

  • 125 Plan The Board will maintain a Section 125 plan for premiums only in addition to a flexible account that includes eligible medical expenses and dependent care expenses with participating employees paying whatever the administrative charge is to run the 125 Plan.

  • Incentive Program Members who are rated as either Level I, Level II or Level III in every phase of the Physical Fitness Test are eligible to participate in the Incentive Program.

  • VACATION PLAN 2 All employees in the bargaining unit shall earn paid vacation time 3 under this Article. Vacation benefits are earned on a fiscal year 4 basis--July 1 to June 30.

Time is Money Join Law Insider Premium to draft better contracts faster.