Common use of Salary and Wage Related Fringe Benefits Clause in Contracts

Salary and Wage Related Fringe Benefits. A. MEDICAL/HOSPITALIZATION INSURANCE The Board will pay toward the cost of a twelve (12) month hospital, surgical, and medical care type insurance for each full-time teacher employed under regular contract and enrolled in the school corporation's group medical insurance plan. The amounts specified below will be paid to such insurance company or companies as is determined and selected by the Board, with the teacher not paying less than one dollar ($1.00) per year. Board payment per teacher: Sept 2020 Employee Single Coverage: $7,000 Employee Family Coverage $11,000 Teachers who choose to enroll in the school corporation's group medical insurance plan must notify the office of the Superintendent in writing, not later than August 31 of their desire to participate in said insurance plan, provided however, that persons employed after said notification dates shall have the opportunity to participate in the insurance plan.

Appears in 6 contracts

Samples: Master Contract, Master Contract, Master Contract

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Salary and Wage Related Fringe Benefits. A. MEDICAL/HOSPITALIZATION INSURANCE The Board will pay toward the cost of a twelve (12) month hospital, surgical, and medical care type insurance for each full-time teacher employed under regular contract and enrolled in the school corporation's group medical insurance plan. The amounts specified below will be paid to such insurance company or companies as is determined and selected by the Board, with the teacher not paying less than one dollar ($1.00) per year. Board payment per teacher: Sept 2020 2019 Employee Single Coverage: $7,000 6,852 Employee Family Coverage $11,000 10,550 Teachers who choose to enroll in the school corporation's group medical insurance plan must notify the office of the Superintendent in writing, not later than August 31 of their desire to participate in said insurance plan, provided however, that persons employed after said notification dates shall have the opportunity to participate in the insurance plan.

Appears in 2 contracts

Samples: Master Contract, Master Contract

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