Smoker Rates Sample Clauses

Smoker Rates. Annual plan enrollments will include a signed attestation as to whether the employee or spouse on the benefit plan is a smoker or a non-smoker. A non-smoker is defined as someone who has not used tobacco products during the prior twelve month period. Plan participants who are smokers shall pay a premium surcharge of an additional 3%. Effective January 1, 2018, if either the employee or spouse is a smoker, the employee shall pay the premium surcharge of 25%. Plan participants who falsely attest to being a non-smoker will be subject to a penalty which will be noted on the enrollment form. The penalty applied would be $2,500 and would be payroll deducted. An employee shall attest to any changes to the smoker status for self or spouse during the plan year, which will result in removal of the imposition of the surcharge.
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Smoker Rates. Effective 1/1/16, annual plan enrollments will include a signed attestation as to whether the employee is a smoker or a non-smoker. A non-smoker is defined as someone who has not used tobacco products during the prior twelve-month period. Plan participants who are smokers shall pay a premium surcharge of an additional 3%. Effective 1/1/17, spouses on the benefit plan will also be covered by this provision. If either the employee or spouse is a smoker, the employee shall pay the premium surcharge of 3%. Plan participants who falsely attest to being a non-smoker will be subject to a penalty which will be noted on the enrollment form. The penalty applied would be $2,500 and would be payroll deducted.
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Smoker Rates. District health plans and the parties Agreements should be modified to remove all provisions pertaining to smoking attestation and related smoking surcharges and any other penalties beginning on January 1, 2021.
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Smoker Rates. MCPS health plans and the parties’ Agreements shall be modified to remove all provisions pertaining to smoking attestation and related smoking surcharges and any other penalties, beginning on January 1, 2021.
Sample 1
Smoker Rates. Annual plan enrollments will include a signed attestation as to whether the employee or spouse on the benefit plan is a smoker or a nonsmoker. A nonsmoker is defined as someone who has not used tobacco products during the prior 12-month period. Plan participants who are smokers shall pay a premium surcharge of an additional 3 percent. Effective January 1, 2018, if either the employee or spouse is a smoker, the employee shall payt the premium surcharge of 25 percent. Plan participants who falsely attest to abeing a nonsmoker will be subject to a penalty, which will be noted on the enrollment form. The penalty applied would be $2,500 and would be payroll deducted. An employee shall attest to any changes in the smoker status for self or spouse during the plan year, which will result in removal of the imposition of the surcharge. This Smoker Rates provision expires December 31, 2020. 142. Concepts 1 and 2 below have already been enacted and will be in effect until December 2022. The terms and provisions of the employee benefit plans shall continue unchanged from the current 2018-2020 Agreement except that the following changes will be made: 1. MCPS health plans shall be modified to include hearing aids for employees and dependents effective with the new plan year. 2. MCPS health plans and the Negotiated Agreement will be modified to remove all provisions pertaining to smoking attestation and related smoking surcharges and any other penalties. 3. Work jointly through the ADC to reinvigorate the Joint Employee Benefits Committee so that it returns to its intended function as a body actually making recommendations to the Board and Superintendent rather than simply serving as a sounding board listening to vendor and staff reports. Part of this shall include exploring ways in which the unions can play an expanded role in the governance and oversight of the plans.
Sample 1
Smoker Rates. FY20185 – FY202017 MCEA/BOE CONTRACT Effective 1/1/16, aAnnual plan enrollments will include a signed attestation as to whether the employee or spouse on the benefit plan is a smoker or a non-smoker. A non-smoker is defined as someone who has not used tobacco products during the prior twelve month period. Plan participants who are smokers shall pay a premium surcharge of an additional 3%. Effective 1/1/17, spouses on the benefit plan will also be covered by this provision. IEffective January 1, 2018, if either the employee or spouse is a smoker, the employee shall pay the premium surcharge of 325%. Plan participants who falsely attest to being a non-smoker will be subject to a penalty which will be noted on the enrollment form. The penalty applied would be $2,500 and would be payroll deducted. An employee shall attest to any changes to the smoker status for self or spouse during the plan year, which will result in removal of the imposition of the surcharge.
Sample 1

Related to Smoker Rates

  • Accrual Rates All eligible employees shall accrue vacation pay according to the following rates:

  • Interest Rates All outstanding Term Loans to the Borrower shall bear interest on the unpaid principal amount thereof (including, to the extent permitted by law, on interest thereon not paid when due) from the date made until paid in full in cash at a rate determined by reference to the Base Rate or Adjusted Term SOFR plus the Applicable Margin, but not to exceed the Maximum Rate. If at any time Term Loans are outstanding with respect to which the Borrower has not delivered to the Agent a notice specifying the basis for determining the interest rate applicable thereto in accordance herewith, those Term Loans shall be treated as Base Rate Loans until notice to the contrary has been given to the Agent in accordance with this Agreement and such notice has become effective. Except as otherwise provided herein, the Term Loans shall bear interest as follows: (i) For all Base Rate Loans, at a fluctuating per annum rate equal to the Base Rate plus the Applicable Margin; and (ii) For all SOFR Rate Loans, at a fluctuating per annum rate equal to Adjusted Term SOFR plus the Applicable Margin. Each change in the Base Rate (or any component thereof) shall be reflected in the interest rate applicable to Base Rate Loans as of the effective date of such change. All computations of interest for Base Rate Loans when the Base Rate is determined by the “prime rate” shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year). On the last Business Day of each calendar quarter hereafter and on the Termination Date, the Borrower shall pay to the Agent, for the ratable benefit of the Lenders, interest accrued from the last Business Day of the preceding calendar quarter to the last Business Day of such calendar quarter (or accrued to the Termination Date in the case of a payment on the Termination Date) on all Base Rate Loans in arrears. The Borrower shall pay to the Agent, for the ratable benefit of the Lenders, interest on all SOFR Rate Loans in arrears on each SOFR Interest Payment Date.

  • Interest Rates; LIBOR Notification The interest rate on Eurodollar Loans is determined by reference to the LIBO Rate, which is derived from the London interbank offered rate. The London interbank offered rate is intended to represent the rate at which contributing banks may obtain short-term borrowings from each other in the London interbank market. In July 2017, the U.K. Financial Conduct Authority announced that, after the end of 2021, it would no longer persuade or compel contributing banks to make rate submissions to the ICE Benchmark Administration (together with any successor to the ICE Benchmark Administrator, the “IBA”) for purposes of the IBA setting the London interbank offered rate. As a result, it is possible that commencing in 2022, the London interbank offered rate may no longer be available or may no longer be deemed an appropriate reference rate upon which to determine the interest rate on Eurodollar Loans. In light of this eventuality, public and private sector industry initiatives are currently underway to identify new or alternative reference rates to be used in place of the London interbank offered rate. In the event that the London interbank offered rate is no longer available or in certain other circumstances as set forth in Section 2.14(c) of this Agreement, such Section 2.14(c) provides a mechanism for determining an alternative rate of interest. The Administrative Agent will notify the Borrower, pursuant to Section 2.14, in advance of any change to the reference rate upon which the interest rate on Eurodollar Loans is based. However, the Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration, submission or any other matter related to the London interbank offered rate or other rates in the definition of “LIBO Rate” or with respect to any alternative or successor rate thereto, or replacement rate thereof, including without limitation, whether the composition or characteristics of any such alternative, successor or replacement reference rate, as it may or may not be adjusted pursuant to Section 2.14(c), will be similar to, or produce the same value or economic equivalence of, the LIBO Rate or have the same volume or liquidity as did the London interbank offered rate prior to its discontinuance or unavailability.

  • Determination of Pass-Through Rates for LIBOR Certificates (a) On each Interest Determination Date so long as any LIBOR Certificates are outstanding, the Trustee will determine LIBOR on the basis of the British Bankers' Association ("BBA") "Interest Settlement Rate" for one-month deposits in U.S. dollars as found on Telerate page 3750 as of 11:00 a.m. London time on each LIBOR Determination Date. "Telerate Page 3750" means the display page currently so designated on the Moneyline Telerate Service (formerly the Dow Jones Markets) (or such other pagx xx may replace that page on that service for the purpose of displaying comparable rates or prices).

  • Special Rates Transfer, Traveling and Working Away From Usual Place of Work

  • Applicable Interest Rates (a) U.S.

  • Penal Rates (a) Weekend rate - applies to ordinary time (other than overtime) worked after midnight Friday/Saturday until midnight Sunday/Monday shall be paid at time one half (T0.5) in addition to the ordinary hourly rate of pay. (b) Public Holiday rate – applies to those hours which are worked on the public holiday. This shall be paid at time one (T1) in addition to the ordinary hourly rate of pay. (See clause 12.4-12.8 for further clarification.) (c) Night rate – applies to ordinary hours of duty (other than overtime) that fall between 2000hrs and until the completion of a rostered night duty from midnight Sunday/Monday to midnight Friday/Saturday and shall be paid at quarter time (T0.25) in addition to the ordinary hourly rate of pay. (d) Overtime and weekend/public holiday or night rates shall not be paid in respect of the same hours, the higher rate will apply.

  • Wage Rates Contractor shall post a copy of the wage rates at the job site and shall pay the adopted prevailing wage rates as a minimum. Pursuant to the provisions of Section 1773 of the Labor Code of the State of California, the Board of Supervisors has obtained the general prevailing rate of per diem wages and the general prevailing rate for holiday and overtime work in this locality for each craft, classification, or type of xxxxxxx needed to execute this Contract from the Director of the Department of Industrial Relations. These rates are on file with the Clerk of the Board of Supervisors. Copies may be obtained at cost at the office of County's OC Public Works/OC Facilities & Asset Management/A&E Project Management or visit the website of the Department of Industrial Relations, Prevailing Wage Unit at xxx.xxx.xx.xxx/XXXX/XXX. The Contractor shall comply with the provisions of Sections 1774, 1775, 1776 and 1813 of the Labor Code.

  • FIXED RATES If a fixed rate is in this Agreement, it is based on an estimate of the costs for the period covered by the rate. When the actual costs for this period are determined, an adjustment will be made to a rate of a future year(s) to compensate for the difference between the costs used to establish the fixed rate and actual costs.

  • Interest Rate Basis Interest on this Note will be determined by reference to the applicable Interest Rate Basis or Interest Rate Bases, which may, as described below, include the CD Rate, the CMT Rate, the Commercial Paper Rate, the Constant Maturity Swap Rate, the Federal Funds Open Rate, the Federal Funds Rate, LIBOR, the Prime Rate or the Treasury Rate (each as defined below).

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