XXXXX Pak B Defined. For those teachers who work at least 76% (FTE) through full time and do not select the above medical insurance, the Board shall contribute $500.00 per month in cash, which is part of the district’s Section 125 Plan as detailed in the table below: Dental Class I, II, III, annual maximum 80%, 80%, 80%, $1,500.00 Class IV, lifetime maximum 80%, UCR Riders 2 cleanings Vision VSP 3 Life Insurance Life Insurance $50,000.00 AD&D $50,000.00 LTD Benefit Percentage/Maximum 70%, $5,000.00 Maximum monthly salary $7,143.00 Waiting period 90 CDMF Alcohol/Drug Same as any other illness Mental/Nervous Same as any other illness Social Security Offset Family Pre-existing Condition Waived COLA Yes Cash/Annuity Option Balance of Board contribution after paying PAK Plan B premium
XXXXX Pak B Defined. For those teachers who work at least 76% (FTE) through full time and do not select the above medical insurance, the Board shall contribute $500.00 per month in cash, which is part of the district’s Section 125 Plan as detailed in the table below, if the teacher presents evidence he/she has other insurance meeting the affordability and eligibility requirements of the Affordable Care Act: Dental Class I, II, III, annual maximum 80%, 80%, 80%, $1,000 Class IV, lifetime maximum 80%, $1,500 Riders 2 cleanings Vision VSP 3 Life Insurance Life Insurance $50,000.00 AD&D $50,000.00 LTD Benefit Percentage/Maximum 70%, $5,000.00 Maximum monthly salary $7,143.00 Waiting period 90 CDMF Alcohol/Drug Same as any other illness Mental/Nervous Same as any other illness Social Security Offset Family Pre-existing Condition Waived COLA Yes Cash/Annuity Option Balance of Board contribution after paying PAK Plan B premium
