Common use of TEACHER COMPENSATION AND FRINGE BENEFITS Clause in Contracts

TEACHER COMPENSATION AND FRINGE BENEFITS. 8.1 Each employee shall be paid on the basis of 24 equal payments – twice a month. The pay dates are the 5th and 20th of each month. If a regular pay date falls on a day that is a holiday or a weekend the employees shall receive their payment on the last regular business day prior to the pay day. 8.2 The Board agrees to pay one hundred percent (100%) of the major medical and hospitalization policy for each teacher’s individual insurance. This policy will also cover dental and vision insurance. The policy is to be determined by the Board of Education. Insurance coverage for employees will commence on the first day of active employment and will continue until thirty (30) days after the last paycheck or July 30th, whichever is later. The Board will also provide each employee a term life insurance policy in the amount of $25,000.

TEACHER COMPENSATION AND FRINGE BENEFITS. 8.1 Each employee shall be paid on the basis of 24 equal payments – twice a month. The pay dates are the 5th and 20th of each month. If a regular pay date falls on a day that is a holiday or a weekend the employees shall receive their payment on the last regular business day prior to the pay day. 8.2 The Board agrees to pay one hundred percent (100%) of the major medical and hospitalization policy for each teacher’s individual insurance. This policy will also cover prescriptions dental and vision insurance. The policy is to be determined by the Board of Education. Insurance coverage for employees will commence on the first day of active employment and will continue until thirty (30) days after the last paycheck or July 30th, whichever is later. The Board will also provide each employee a term life insurance policy in the amount of $25,000.

TEACHER COMPENSATION AND FRINGE BENEFITS. 8.1 Each employee shall be paid on the basis of 24 equal payments – twice a month. The pay dates are the 5th and 20th of each month. If a regular pay date falls on a day that is a holiday or a weekend the employees shall receive their payment on the last regular business day prior to the pay day. 8.2 The Board agrees to pay one hundred percent (100%) of the major medical and hospitalization policy for each teacher’s individual insurance. This policy will also cover prescriptions, dental and vision insurance. The policy is to be determined by the Board of Education. Insurance coverage for employees will commence on the first day of active employment and will continue until thirty (30) days after the last paycheck or July 30th, whichever is later. The Board will also provide each employee a term life insurance policy in the amount of $25,000.