Common use of Wellness Pay Clause in Contracts

Wellness Pay. Employees will receive annual wellness pay for all accrued accumulative leave days in excess of 60 days. The school district will pay out an amount equal to the total number of excess days multiplied by the employee’s daily rate times .6 by August 31st of each year, at the employee’s choice, as additional wages or into the employee's Minnesota Health Care Savings Plan (MHCSP).

Appears in 3 contracts

Samples: Agreement, Agreement, www.isd742.org

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Wellness Pay. Employees will receive annual wellness pay for all accrued accumulative leave days in excess of 60 days480 hours as calculated on June 30th of each year. The school district will pay out an amount equal to the total number of excess days multiplied by the employee’s daily hourly rate times .6 by August 31st of each year, at into the employee’s choice, as additional wages or into the employee's Minnesota Health Care Savings Plan (MHCSP).

Appears in 2 contracts

Samples: Paraprofessional Agreement, Paraprofessional Agreement

Wellness Pay. Employees will receive annual wellness pay for all accrued accumulative leave days in excess of 60 daysdays as calculated on June 30th of each year. The school district will pay out an amount equal to the total number of excess days hours multiplied by the employee’s daily hourly rate times .6 by August 31st of each year, at into the employee’s choice, as additional wages or into the employee's Minnesota Health Care Savings Plan (MHCSP).

Appears in 2 contracts

Samples: Drivers Agreement, Bus Drivers Agreement

Wellness Pay. Employees will shall receive annual wellness pay for all accrued accumulative leave days in excess of 60 days. The school district will shall pay out an amount equal to the total number of excess days multiplied by the employee’s daily rate times .6 by August 31st of each year, at into the employee’s choice, as additional wages or into the employee's Minnesota Health Care Savings Plan (MHCSP).

Appears in 2 contracts

Samples: Clerical Agreement, Clerical Agreement

Wellness Pay. Employees will receive annual wellness pay for all accrued accumulative leave days in excess of 60 daysdays as calculated on June 30th of each year. The school district will pay out an amount equal to the total number of excess days multiplied by the employee’s daily hourly rate times .6 by August 31st of each year, at into the employee’s choice, as additional wages or into the employee's Minnesota Health Care Savings Plan (MHCSP).

Appears in 1 contract

Samples: Nutritional Services Agreement

Wellness Pay. Employees will shall receive annual wellness pay for all accrued accumulative leave days in excess of 60 days. The school district will shall pay out an amount equal to the total number of excess days multiplied by the employee’s daily rate times .6 .3 by August 31st of each year, at into the employee’s choice, as additional wages or into the employee's Minnesota Health Care Savings Plan (MHCSP). Constructive receipt based on IRS rules – Cannot have an option with the MHCSP.

Appears in 1 contract

Samples: Clerical Agreement

Wellness Pay. Employees will receive annual wellness pay for all accrued accumulative leave days in excess of 60 daysdays as calculated on June 30th of each year. The school district will pay out an amount equal to the total number of excess days multiplied by the employee’s daily hourly rate times .6 .8 by August 31st of each year, at into the employee’s choice, as additional wages or into the employee's Minnesota Health Care Savings Plan (MHCSP).

Appears in 1 contract

Samples: Nutritional Services Agreement

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Wellness Pay. Employees will receive annual wellness pay for all accrued accumulative leave days in excess of 60 daysdays as calculated on June 30th of each year. The school district will pay out an amount equal to the total number of excess days multiplied by the employee’s daily hourly rate times .6 .3 by August 31st of each year, at into the employee’s choice, as additional wages or into the employee's Minnesota Health Care Savings Plan (MHCSP).

Appears in 1 contract

Samples: Nutritional Services Agreement

Wellness Pay. Employees will receive annual wellness pay for all accrued accumulative leave days in excess of 60 daysdays as calculated on June 30th of each year. The school district will pay out an amount equal to the total number of excess days multiplied by the employee’s daily hourly rate times .6 .3 by August 31st of each year, at into the employee’s choice, as additional wages or into the employee's Minnesota Health Care Savings Plan (MHCSP).

Appears in 1 contract

Samples: Nutritional Services Agreement

Wellness Pay. Employees will receive annual wellness pay for all accrued accumulative leave days in excess of 60 days480 hours as calculated on June 30th of each year. The school district will pay out an amount equal to the total number of excess days multiplied by the employee’s daily hourly rate times .6 .8 by August 31st of each year, at into the employee’s choice, as additional wages or into the employee's Minnesota Health Care Savings Plan (MHCSP).

Appears in 1 contract

Samples: Paraprofessional Agreement

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