Common use of Teacher Benefits Clause in Contracts

Teacher Benefits. 1. The Board shall provide a fringe benefit program to comply with Section 125 of the Internal Revenue Code. 2. The Board shall also provide the opportunity for each employee to execute a salary reduction agreement, once annually. Once the annual allocation is made for each selected benefit, the only change which will be allowed is for a qualifying event as defined by the IRS. Each employee executing a salary reduction agreement for benefits shall allocate an annual sum to be used for the purchase of benefits approved by the negotiations committee. A benefits committee (see 5.I.7), appointed by the Association and Administration, will provide a recommendation prior to negotiations. Any expected money committed by the employee for one of the benefits remaining at the end of the contract year shall revert to the Board. 3. The Board shall contribute monthly according to the following graduated plan toward the premium payment of the group health care plan(s) in force as selected by the Board. Teachers not participating in the group health insurance are not eligible for the Board’s contribution. Employee Only $320.00 Employee/Child $350.00 Employee/Spouse $335.00 Employee/Family $375.00 The Board shall provide each employee a description of the benefit coverage’s available within ten (10) days of the first day of school or date of employment, which shall include a clear description of conditions and limits of coverage as provided above. When requested by the employee, the Board shall provide applications and, when necessary, information about the programs. 4. In addition to the above, the Board shall allow the employee to participate an approved 403(b) plan managed by a third party administrator. Participation in the plan will be governed by the plan document guidelines and regulations. 5. Upon retirement, resignation, or reduction in staff from the district, a teacher shall be reimbursed for accumulated sick leave at the rate of one-half the current substitute daily rate of pay. If a teacher should die while in service to the district, such an amount shall be paid to his/her beneficiaries. 6. The Board will contribute seventy-five dollars ($75) annually to a health club membership. Only teachers that belong to a health club are eligible for this board contribution. 7. A benefits committee will be established and consist of members appointed by the Association and by the Administration. The Benefits Committee will annually review the benefit offerings and make recommendations for changes to the Association and Board. The Benefits Committee will meet prior to March 15th and make recommendations prior to the first negotiations session. The first committee meeting will be called by the district Business Manager.

Teacher Benefits. 1. The Board shall provide a fringe benefit program to comply with Section 125 of the Internal Revenue Code. 2. The Board shall also provide the opportunity for each employee to execute a salary reduction agreement, once annually. Once the annual allocation is made for each selected benefit, the only change which will be allowed is for a qualifying event as defined by the IRS. Each employee executing a salary reduction agreement for benefits shall allocate an annual sum to be used for the purchase of benefits approved by the negotiations committee. A benefits committee (see 5.I.7), appointed by the Association and Administration, will provide a recommendation prior to negotiations. Any expected money committed by the employee for one of the benefits remaining at the end of the contract year shall revert to the Board. 3. The Board shall contribute monthly according to the following graduated plan toward the premium payment of the group health care plan(s) in force as selected by the Board. Teachers not participating in the group health insurance are not eligible for the Board’s contribution. Employee Only $320.00 $ 387.20 Employee/Child $350.00 $ 405.35 Employee/Spouse $335.00 $ 423.50 Employee/Family $375.00 $ 453.75 The Board shall provide each employee a description of the benefit coverage’s available within ten (10) days of the first day of school or date of employment, which shall include a clear description of conditions and limits of coverage as provided above. When requested by the employee, the Board shall provide applications and, when necessary, information about the programs. 4. In addition to the above, the Board shall allow the employee to participate an approved 403(b) plan managed by a third party administrator. Participation in the plan will be governed by the plan document guidelines and regulations. 5. Upon retirement, resignation, or reduction in staff from the district, a teacher shall be reimbursed for accumulated sick leave at the rate of one-half the current substitute daily rate of pay. If a teacher should die while in service to the district, such an amount shall be paid to his/her beneficiaries. 6. The Board will contribute seventy-five dollars ($75) annually to a health club membership. Only teachers that belong to a health club are eligible for this board contribution. 7. A benefits committee will be established and consist of members appointed by the Association and by the Administration. The Benefits Committee will annually review the benefit offerings and make recommendations for changes to the Association and Board. The Benefits Committee will meet prior to March 15th and make recommendations prior to the first negotiations session. The first committee meeting will be called by the district Business Manager.

Teacher Benefits. 1. The Board shall provide a fringe benefit program to comply with Section 125 of the Internal Revenue Code. 2. The Board shall also provide the opportunity for each employee to execute a salary reduction agreement, once annually. Once the annual allocation is made for each selected benefit, the only change which will be allowed is for a qualifying event as defined by the IRS. Each employee executing a salary reduction agreement for benefits shall allocate an annual sum to be used for the purchase of benefits approved by the negotiations committee. A benefits committee (see 5.I.7), appointed by the Association and Administration, will provide a recommendation prior to negotiations. Any expected money committed by the employee for one of the benefits remaining at the end of the contract year shall revert to the Board. 3. The Board shall contribute monthly according to the following graduated plan toward the premium payment of the group health care plan(s) in force as selected by the Board. Teachers not participating in the group health insurance are not eligible for the Board’s contribution. Employee Only $320.00 352.00 Employee/Child $350.00 385.00 Employee/Spouse $335.00 368.50 Employee/Family $375.00 412.50 The Board shall provide each employee a description of the benefit coverage’s available within ten (10) days of the first day of school or date of employment, which shall include a clear description of conditions and limits of coverage as provided above. When requested by the employee, the Board shall provide applications and, when necessary, information about the programs. 4. In addition to the above, the Board shall allow the employee to participate an approved 403(b) plan managed by a third party administrator. Participation in the plan will be governed by the plan document guidelines and regulations. 5. Upon retirement, resignation, or reduction in staff from the district, a teacher shall be reimbursed for accumulated sick leave at the rate of one-half the current substitute daily rate of pay. If a teacher should die while in service to the district, such an amount shall be paid to his/her beneficiaries. 6. The Board will contribute seventy-five dollars ($75) annually to a health club membership. Only teachers that belong to a health club are eligible for this board contribution. 7. A benefits committee will be established and consist of members appointed by the Association and by the Administration. The Benefits Committee will annually review the benefit offerings and make recommendations for changes to the Association and Board. The Benefits Committee will meet prior to March 15th and make recommendations prior to the first negotiations session. The first committee meeting will be called by the district Business Manager.

Teacher Benefits. 1. The Board shall provide a fringe benefit program to comply with Section 125 of the Internal Revenue Code. 2. The Board shall also provide the opportunity for each employee to execute a salary reduction agreement, once annually. Once the annual allocation is made for each selected benefit, the only change which will be allowed is for a qualifying event as defined by the IRS. Each employee executing a salary reduction agreement for benefits shall allocate an annual sum to be used for the purchase of benefits approved by the negotiations committee. A benefits committee (see 5.I.7), appointed by the Association and Administration, will provide a recommendation prior to negotiations. Any expected money committed by the employee for one of the benefits remaining at the end of the contract year shall revert to the Board. 3. The Board shall contribute monthly according to the following graduated plan toward the premium payment of the group health care plan(s) in force as selected by the Board. Teachers not participating in the group health insurance are not eligible for the Board’s contribution. Employee Only $320.00 305.00 Employee/Child $350.00 320.00 Employee/Spouse $335.00 Employee/Family $375.00 360.00 The Board shall provide each employee a description of the benefit coverage’s available within ten (10) days of the first day of school or date of employment, which shall include a clear description of conditions and limits of coverage as provided above. When requested by the employee, the Board shall provide applications and, when necessary, information about the programs. 4. In addition to the above, the Board shall allow the employee to participate an approved 403(b) plan managed by a third party administrator. Participation in the plan will be governed by the plan document guidelines and regulations. 5. Upon retirement, resignation, or reduction in staff from the district, a teacher shall be reimbursed for accumulated sick leave at the rate of one-half the current substitute daily rate of pay. If a teacher should die while in service to the district, such an amount shall be paid to his/her beneficiaries. 6. The Board will contribute seventy-five dollars ($75) annually to a health club membership. Only teachers that belong to a health club are eligible for this board contribution. 7. A benefits committee will be established and consist of members appointed by the Association and by the Administration. The Benefits Committee will annually review the benefit offerings and make recommendations for changes to the Association and Board. The Benefits Committee will meet prior to March 15th and make recommendations prior to the first negotiations session. The first committee meeting will be called by the district Business Manager.