Ancillary Benefits definition

Ancillary Benefits means benefits other than Lump Sum Benefits, Pension Benefits or Death Benefits that are permitted under the Superannuation Law and include payments made to a Disabled Member or a Member in financial distress;

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Ancillary Benefits means the benefits referred to in subsection 40 (1) of the Act; (“prestation accessoire”)

Ancillary Benefits means company contributions to the American Standard Companies Inc. Employee Stock Ownership Plan, active medical, life and dental benefits, and accruals for retiree life and medical benefits all to the extent applicable.

Examples of Ancillary Benefits in a sentence

• It is understood that the Board may open this Agreement for the express purpose of reviewing Medical and Ancillary Benefits insurance bids with the Association.

• The Board shall provide, without cost to the teacher, Ancillary Benefits insurance coverage for a twelve (12) month period for the entire family.

• For teachers electing Medical and Ancillary Benefits insurance: Medical Insurance – MESSA Choices II (Pak C Plan): • Saver Rx Drug Card • $500/$1,000 Deductible • $20 Office Visit • $25 Urgent Care • $50 Emergency Room • 0% Co-insurance MESSA ABC Plan 1 (Pak A Plan): • Medical: MESSA ABC Plan 1 • IN Deductible: Currently $1,500/$3,000 (changes determined by law).

• For greater clarity, no benefits shall be payable to such Pilot from the Supplemental Plan and no Ancillary Benefits referred to in Art 17.02.09 shall be provided.

• Those Ancillary Benefits already conferred by the Company to applicable DFW bargaining unit employees shall be continued during the term of the new agreement unless the benefit is modified or terminated for the majority of the Company employees that the benefit applies to.

More Definitions of Ancillary Benefits

Ancillary Benefits means the benefits referred to in section 29 of the Act;

Ancillary Benefits. The District will pay the entire cost for ancillary benefits. If the premiums for the above benefits exceed the District’s contribution, the employee will pay the difference. Such payments may be made through the District’s Section 125 Plan with pre-tax funds. Affordable Care Act Provision: According to the Affordable Care Act employer- sponsored health coverage needs to be affordable. This coverage will generally be considered affordable if the employee’s required contribution for self-only coverage does not exceed 9.5% of the employee’s household income for the year. Safe harbor to be used is 9.5% of the employee’s W-2 wages. As the ABC plan is the lowest price, the calculation will be based on this plan. If the result of the composite health calculation results in an employee having to pay more than 9.5% of their W-2 wages for self-only coverage (single), the amount the employee will have to pay will be capped at 9.5% of their W-2 wages. The portion of the employee’s share of the premium in excess of 9.5% of their W-2 wages will be evenly distributed amongst all remaining bargaining unit members electing health insurance coverage that are not affected by the 9.5% limitation If a bargaining unit employee elects health coverage that is considered to be a high deductible plan per federal guidelines, they will be eligible to open a Health Savings Account (HSA) to which they can elect to defer compensation into. The district will not contribute to an employee’s HSA. If there is an administrative cost to offer the HSA plan to employees, said cost will be shared amongst those bargaining unit employees electing to participate in the HSA

Ancillary Benefits means the benefits referred to in section 29 of the Act; “annuity contract” means an annuity contract, issued by an issuer registered under

Ancillary Benefits means any of the benefits set forth in Section 3 hereof to which Employees may be entitled upon the occurrence of a Severance.

Ancillary Benefits means the additional benefits a Member receives by being a part of the Loyalty Program as described in the below section titled “Membership Tiers” and updated from time to time.

Ancillary Benefits means those benefits detailed in Annexure 3 and Annexure 4, Parts B and C.

Ancillary Benefits. UFCW New England Healthcare Fund (Employee only coverage) Employer Monthly Contributions: Effective Employee/Single HID $19 1/1/2025 $22