Wage Related Fringe Benefits Sample Clauses

Wage Related Fringe Benefits. A. The Board agrees to contribute towards the premium of a single medical insurance plan $7000 beginning October 1, 2019. The board agrees to pay towards the premium of a family medical insurance plan $14,000 beginning October 1, 2019. The first two percent (2%) of any increase in premium that begins October 1, 2020 shall be paid by the board.
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Wage Related Fringe Benefits. A. Conversion of Accumulated Leave Days - VEBA
Wage Related Fringe Benefits. 155 156 Medical Insurance Up to the amount specified below, not to exceed the cost of the premium for the 157 applicable policy less one dollar ($1.00), will be paid by the School Employer toward the cost of hospital, surgical, 158 and medical care type insurance, either the single policy or the family policy, for each full-time Teacher employed 159 under a regular teacher contract and enrolled in the school corporation’s group medical insurance plan, with the 160 Teacher paying not less than one dollar ($1.00) per year. 161 162 Maximum School Employer Payment Per Policy: 163 o Plan A** 164 ▪ Single–Up to $8,600.00 165 ▪ EE/child- Up to $14,250.00 166 ▪ EE/Spouse-Up to $16,235.00 167 ▪ Family– Up to $26,350.00 168 ▪ Doubles- Up to $29,400.00 169 o Plan B** 170 ▪ Single–Up to $8,800.00 171 ▪ EE/child- Up to $14,700.00 172 ▪ EE/Spouse-Up to $16,575.00 173 ▪ Family– Up to $26,050.00 174 ▪ Doubles- Up to $28,300.00 175 176 • Maximum School Employee Payment Per Policy: 177 o Plan C (HSA) 178 ▪ Single–Up to $1,237.68 179 180 • Maximum School Employer Payment Per Policy: 181 o Plan C** (HSA) 182 ▪ EE/child- Up to $12,500.00 183 ▪ EE/Spouse-Up to $14,150.00 184 ▪ Family– Up to $22,350.00 185 ▪ Doubles- Up to $25,100.00 186 187 ** For employees or spouses hired on or after January 1, 2022 that are both considered full time employees 188 under GCS are not eligible to elect “doubles” coverage. Participant can elect either single, employee + spouse, 189 or family coverage and pay applicable per pay rate. If a current employee leaves employment with GCS and 190 returns to employment after January 1, 2022, the new hire date will apply and therefore said employee cannot 191 elect “doubles” coverage. 192 193 194 195 196 197 198 199 200 201 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 2. 218 3. 219 220 4. 221 222 223 202 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 Term Life Insurance The School Employer will pay up to $165.00 per school year for $100,000 term life insurance through the school corporation’s group plan per full-time Teacher employed under a regular teacher contract, with each Teacher paying not less than one dollar ($1.00) per year.
Wage Related Fringe Benefits 

Related to Wage Related Fringe Benefits

  • Other Fringe Benefits During the Employment Period, Executive shall be entitled to receive such of the Company’s other fringe benefits as are being provided to other Executives of the Company on the Senior Executive Team.

  • Fringe Benefits During the Employment Period, the Executive shall be entitled to fringe benefits, including, without limitation, tax and financial planning services, payment of club dues, and, if applicable, use of an automobile and payment of related expenses, in accordance with the most favorable plans, practices, programs and policies of the Company and its affiliated companies in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, as in effect generally at any time thereafter with respect to other peer executives of the Company and its affiliated companies.

  • TREATMENT OF FRINGE BENEFITS The fringe benefits are charged using the rate(s) listed in the Fringe Benefits Section of this Agreement. The fringe benefits included in the rate(s) are listed below. TREATMENT OF PAID ABSENCES Vacation, holiday, sick leave pay and other paid absences are included in salaries and wages and are claimed on grants, contracts and other agreements as part of the normal cost for salaries and wages. Separate claims are not made for the cost of these paid absences.

  • WAGES AND FRINGE BENEFITS ‌ The minimum hourly rate of Wages and Benefits shall be as per Attachment “A”. Wages at the established rates specified herein shall be paid weekly in the shop or on the job at or before quitting time on any day, Monday through Friday, of each week, and no more than five (5) calendar days pay will be withheld. Alternative payroll procedures, i.e., electronic and/or automatic deposit may be utilized by the Employer. Employees laid off through no fault of their own shall be paid in full ½ hour prior to quitting time or if the employee is signed up for electronic transfer, the money shall be transferred to his or her account within 24 hours. Employees who were discharged or voluntarily quit shall be paid their wages per the Site Local Union’s Agreement. Assessments or Penalties for late pay or non-payment of wages shall be as per the Site Local Inside Collective Bargaining Agreement. Holidays and vacations shall comply with the terms of the Site Local Inside Collective Bargaining Agreement.

  • Dental Care Benefits (a) The Employer shall provide such regular, full-time seniority employee (and her eligible dependents*) the 100/75/50 Co-Pay Dental Plan in effect January 1, 2014, subject to such terms, conditions, exclusions, limitations, deductibles, co-payments and other provisions of the plan. The Employer shall pay 95% of the illustrated premium cost of such benefits and the employee shall pay the balance. Coverage shall commence on the day following the employee's ninetieth (90th) day of continuous employment.

  • Extended Health Care Benefits 12.02(a) The City will provide for all employees by contract through an insurer selected by the City an Extended Health Care Plan which will provide extended health care benefits. The City shall pay one hundred per cent (100%) of the premiums, which will include any premiums payable under The Health Insurance Act, R.S.O. 1990, as amended. Eligible Expenses (Benefit year January 1 – December 31)

  • Health Care Benefits (a) Each regular full-time employee may elect coverage for himself and his eligible dependents* under one of the following health insurance plans:

  • WELFARE BENEFITS Subject to the terms and conditions of this Agreement, for a period of twelve (12) months following the date of Involuntary Termination (and an additional twelve (12) months if the Executive provides consulting services under Section 14(f) hereof), the Executive and his dependents shall be provided with life, disability, accident and group medical benefits which are substantially similar to those provided to the Executive and his dependents immediately prior to the date of Involuntary Termination or the Change in Control Date, whichever is more favorable to the Executive. Without limiting the generality of the foregoing, the continuing benefits described in the preceding sentence shall be provided on substantially the same terms and conditions and at the same cost to the Executive as in effect immediately prior to the date of Involuntary Termination or the Change in Control Date, whichever is more favorable to the Executive. Such benefits shall be provided in a manner that complies with Treasury Regulation Section 1.409A-1(a)(5). Notwithstanding the foregoing, if Sempra Energy determines in its sole discretion that the portion of the foregoing continuing benefits that constitute group medical benefits cannot be provided without potentially violating applicable law (including, without limitation, Section 2716 of the Public Health Service Act) or that the provision of such group medical benefits under this Agreement would subject Sempra Energy or any of its Affiliates to a material tax or penalty, (i) the Executive shall be provided, in lieu thereof, with a taxable monthly payment in an amount equal to the monthly premium that the Executive would be required to pay to continue the Executive’s and his covered dependents’ group medical benefit coverages under COBRA as then in effect (which amount shall be based on the premiums for the first month of COBRA coverage) or (ii) Sempra Energy shall have the authority to amend the Agreement to the limited extent reasonably necessary to avoid such violation of law or tax or penalty and shall use all reasonable efforts to provide the Executive with a comparable benefit that does not violate applicable law or subject Sempra Energy or any of its Affiliates to such tax or penalty.

  • Salary and Fringe Benefits The employee shall be paid a salary which is the pro- rata share of the salary which the employee would have earned had he or she not elected to exercise the option of reduced workload. The employee shall retain all other rights and benefits enjoyed by full-time members of the unit.

  • HEALTH & WELFARE BENEFITS Executive shall be eligible to participate in all health and welfare benefits provided generally to other employees of the Company.

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