Tier A. (1) Employees hired prior to December 21, 1997, with medical insurance or health plan coverage whose premium rate is less than the County contribution shall receive a cash payment not to exceed $535 per month minus the cost of the premium, if any. For such employees who are covered by social security (FICA), this cash payment will not exceed $535 per month minus the cost of the premium, if any, for the employee’s medical insurance or health plan coverage, minus a percentage equal to the County’s social security contribution rate on FICA taxable wages, and minus any County costs (excluding FICA) which are applicable to such cash payment, if any. For such employees who are not covered by social security, the cash payment will be calculated in exactly the same manner, except there will be no deduction of the percentage equal to the County’s social security contribution rate on FICA taxable wages. Employees hired on or after December 21, 1997, shall not receive this cash payment. Current employees who receive cash-back benefits shall be grandfathered for the duration of their continuous employment history with the County of Sacramento. Such cash-back benefit shall be a vested right. (2) Employees hired prior to January 1, 2007, will be placed in Tier A. The County contribution in effect as of the date of this Agreement will continue at those levels until December 31, 2007. Effective January 1, 2007, employees in Tier A will receive a maximum County contribution of 80% of the Kaiser family rate for 2007. Effective January 1, 2008, the County insurance contribution ($826.90) entitlement to cash back, cash back maximums ($535), plan selection incentive (PSI) ($150), and if applicable, FICA reductions, shall be frozen at the level in effect on December 31, 2007. This County contribution arrangement shall be henceforth referred to as Tier A. Employees in Tier A shall remain in this tier unless they voluntarily elect to move to Tier B. Such election by an employee to move to Tier B shall be irrevocable once made. Employees who wish to elect to move from Tier A to Tier B may do so under the following circumstances: (1) Open Enrollment; (2) Qualified Status Change Event (as defined under Section 125 IRC); (3) upon the occurrence of certain qualifying events as prescribed by the Health Insurance Portability and Accountability Act; or, (4) change of bargaining unit. Employees receiving the PSI and who waive coverage under the County’s program shall continue receiving the PSI while in Tier A.
Appears in 3 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Tier A. (1) Employees hired prior to December 21August 15, 19971999, with medical insurance or health plan coverage whose premium rate is less than the County contribution shall receive a cash payment not to exceed $535 per month minus the cost of the premium, if any. For such employees who are covered by social security (FICA), this cash payment will not exceed $535 per month minus the cost of the premium, if any, for the employee’s medical insurance or health plan coverage, minus a percentage equal to the County’s social security contribution rate on FICA taxable wages, and minus any County costs (excluding FICA) which are applicable to such cash payment, if any. For such employees who are not covered by social security, the cash payment will be calculated in exactly the same manner, except there will be no deduction of the percentage equal to the County’s social security contribution rate on FICA taxable wages. Employees hired on or after December 21August 15, 19971999, shall not receive this cash payment. Current employees who receive cash-back benefits shall be grandfathered for the duration of their continuous employment history with the County of Sacramento. Such cash-back benefit shall be a vested right.
(2) Employees hired prior to January 1, 2007, will be placed in Tier A. The County contribution in effect as of the date of this Agreement will continue at those levels until December 31, 2007. Effective January 1, 2007, employees in Tier A will receive a maximum County contribution of 80% of the Kaiser family rate for 2007. Effective January 1, 2008, the County insurance contribution ($826.90) entitlement to cash back, cash back maximums ($535), plan selection incentive (PSI) ($150), and if applicable, FICA reductions, shall be frozen at the level in effect on December 31, 2007. This County contribution arrangement shall be henceforth referred to as Tier A. Employees in Tier A shall remain in this tier unless they voluntarily elect to move to Tier B. Such election by an employee to move to Tier B shall be irrevocable once made. Employees who wish to elect to move from Tier A to Tier B may do so under the following circumstances: (1) Open Enrollment; (2) Qualified Status Change Event (as defined under Section 125 IRC); ;
(3) upon the occurrence of certain qualifying events as prescribed by the Health Insurance Portability and Accountability Act; or, (4) change of bargaining unit. Employees receiving the PSI and who waive coverage under the County’s program shall continue receiving the PSI while in Tier A.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Tier A. (1) Employees hired prior to December 21August 15, 19971999, with medical insurance or health plan coverage whose premium rate is less than the County contribution shall receive a cash payment not to exceed $535 per month minus the cost of the premium, if any. For such employees who are covered by social security (FICA), this cash payment will not exceed $535 per month minus the cost of the premium, if any, for the employee’s medical insurance or health plan coverage, minus a percentage equal to the County’s social security contribution rate on FICA taxable wages, and minus any County costs (excluding FICA) which are applicable to such cash payment, if any. For such employees who are not covered by social security, the cash payment will be calculated in exactly the same manner, except there will be no deduction of the percentage equal to the County’s social security contribution rate on FICA taxable wages. Employees hired on or after December 21August 15, 19971999, shall not receive this cash payment. Current employees who receive cash-back benefits shall be grandfathered for the duration of their continuous employment history with the County of Sacramento. Such cash-back benefit shall be a vested right.
(2) Employees hired prior to January 1, 2007, will be placed in Tier A. The County contribution in effect as of the date of this Agreement will continue at those levels until December 31, 2007. Effective January 1, 2007, employees in Tier A will receive a maximum County contribution of 80% of the Kaiser family rate for 2007. Effective January 1, 2008, the County insurance contribution ($826.90) entitlement to cash back, cash back maximums ($535), plan selection incentive (PSI) ($150), and if applicable, FICA reductions, shall be frozen at the level in effect on December 31, 2007. This County contribution arrangement shall be henceforth referred to as Tier A. Employees in Tier A shall remain in this tier unless they voluntarily elect to move to Tier B. Such election by an employee to move to Tier B shall be irrevocable once made. Employees who wish to elect to move from Tier A to Tier B may do so under the following circumstances: (1) Open Enrollment; (2) Qualified Status Change Event (as defined under Section 125 IRC); (3) upon the occurrence of certain qualifying events as prescribed by the Health Insurance Portability and Accountability Act; or, (4) change of bargaining unit. Employees receiving the PSI and who waive coverage under the County’s program shall continue receiving the PSI while in Tier A.
Appears in 1 contract
Samples: Collective Bargaining Agreement