Spousal Buy Back Sample Clauses

Spousal Buy Back. Employees who are participants in the Genesee County Self-Funded Medical Plan, and who also have medical/hospitalization coverage through a spouse’s non-county plan, may participate in the Medical Spousal Buy Back Program upon submitting sufficient evidence of dual coverage to the Personnel Office, and upon signing an appropriate release form. In lieu of the employee’s participation in the County’s Self-Funded Medical Plan, the employee will receive an annual cash settlement of TWO thousand five hundred dollars ($2500). The cash settlement shall be paid in two equal annual installments, one $1250 during the month of July, and one $1250 during the month of December. Any employee wishing to participate in this program must initiate the process by requesting the release form from the Personnel Office, completing and returning same to the Personnel Office. The employee’s participation will commence on the first of the month following the receipt and approval by the Personnel Office. An employee hired on or after September 11, 1996 who has Medical/ Hospitalization coverage through a spouse’s medical plan or employment other than with the County will not be eligible to participate in the Genesee County Self-Funded Medical Plan and must participate in the Spousal Buy Back Program. (Refer to Memorandum of Agreement dated 12/1/2000) The County’s current practice with respect to hospitalization coverage for spouses both of whom are employed by the County shall continue for employees hired on or before December 31, 1980.
Sample 1
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Spousal Buy Back. Effective January 1, 2005, members of the bargaining unit who are participants in the Genesee County Self-Funded Medical Plan, and who also have medical/hospitalization coverage through a spouse’s non-county plan, may participate in the Medical Spousal Buy Back Program upon submitting sufficient evidence of dual coverage to the Personnel Office, and upon signing an appropriate release form. (Copy in Appendix F) In lieu of the employee’s participation in the County’s Self -Funded Medical Plan, the employee will receive an annual cash settlement of two thousand five hundred dollars ($2500). The cash settlement shall be paid in two equal annual installments, one during the month of July, and one during the month of December upon certification of the Highway Superintendent or the Supervisor of Buildings and Grounds to that effect. Any employee wishing to participate in this program, must initiate the process by requesting the release form from the Personnel Office, completing and returning same to the Personnel Office. The employee’s participation will commence on the first of the month following the receipt and approval by the Personnel Office. The annual cash settlement will be prorated effective the month following the ratification of the 1999-2002 Agreement by both parties (April 29, 1999).
Sample 1

Related to Spousal Buy Back

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  • Certification Regarding Debarment, Suspension, Ineligibility and Voluntary Exclusion First Tier Participants:

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