Common use of Teachers’ Compensation Schedule Clause in Contracts

Teachers’ Compensation Schedule. The Board contribution for premium increases shall be capped at 6% per calendar year. Any additional increase above the cap of 6% shall result in increased costs to the employee or immediate adjustments to the insurance plan to bring the projected increase in costs back to the capped amount or less. • When the teachers and his/her spouse each have family medical insurance coverage, dependent coverage will be “carved out” (requiring that the spouse’s insurance company assume primary responsibility for the dependent’s medical costs). In cases where both plans covering the dependent have “carved out” provisions, the insurance companies will be responsible for determining the responsibility for payment. • The District will not offer medical insurance coverage after retirement.

Teachers’ Compensation Schedule. The Board contribution for premium increases shall be capped at 6% per calendar year. Any additional increase above the cap of 6% shall result in increased costs to the employee or immediate adjustments to the insurance plan to bring the projected increase in costs back to the capped amount or less. • When the teachers employee and his/her spouse each have family medical insurance coverage, dependent coverage will be “carved out” (requiring that the spouse’s insurance company assume primary responsibility for the dependent’s medical costs). In cases where both plans covering the dependent have “carved out” provisions, the insurance companies will be responsible for determining the responsibility for payment. • The District will not offer medical insurance coverage after retirement.