State Payment. For the 2019-20 school year, each full-time teacher who purchases major medical health coverage through the District’s Health Insurance Plan shall receive the monthly Flexible Benefit Allowance (FBA) required by state law. The District will apply the FBA toward the total premium cost of the District’s Health Plan. Any excess FBA allowance over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits through the District’s Section 125 Cafeteria Plan or may be taken as taxable compensation as provided for by law. Part-time teachers shall receive benefits as provided for by state law.
Appears in 2 contracts
Samples: Negotiated Agreement, Negotiated Agreement
State Payment. For the 2019-20 201617 school year, each full-time fulltime teacher who purchases major medical health coverage through the District’s Health Insurance Plan shall receive the monthly Flexible Benefit Allowance (FBA) required by state law. The District will apply the FBA toward the total premium cost of the District’s Health Plan. Any excess FBA allowance over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits through the District’s Section 125 Cafeteria Plan or may be taken as taxable compensation as provided for by law. Part-time Parttime teachers shall receive benefits as provided for by state law.
Appears in 1 contract
Samples: Negotiated Agreement
State Payment. For the 20192013-20 14 school year, each full-time teacher who purchases major medical health coverage through the District’s Health Insurance Plan shall receive the monthly Flexible Benefit Benfit Allowance (FBA) required by state law. The District will apply the FBA toward the total premium cost of the District’s Health Plan. Any excess FBA allowance over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits through throught the District’s Section 125 Cafeteria Plan or may be taken as taxable compensation as provided for by law. Part-time teachers shall receive benefits as provided for by state law.
Appears in 1 contract
Samples: Negotiated Agreement
State Payment. For the 20192011-20 12 school year, each full-time teacher who purchases major medical health coverage through the District’s Health Insurance Plan shall receive the monthly Flexible Benefit Benfit Allowance (FBA) required by state law. The District will apply the FBA toward the total premium cost of the District’s Health Plan. Any excess FBA allowance over the cost of the major medical coverage purchased by the teacher may be used to purchase additional benefits through throught the District’s Section 125 Cafeteria Plan or may be taken as taxable compensation as provided for by law. Part-time teachers shall receive benefits as provided for by state law.
Appears in 1 contract
Samples: Negotiated Agreement