Examples of Core Plan in a sentence
If a Bargaining Unit Member decides to choose a plan that is more costly than the Core Plan for the year in question, then the District will contribute an amount toward that plan that is equivalent to the District's contribution to the premium cost of the Core Plan being offered.
Effective with the 2018-2019 school year, Bargaining Unit Members shall have the option to buy-down to a modified plan that will have an actuarial value of no more than five (5) percentage points lower in actuarial value than the Core Plan of the District.
If a Bargaining Unit Member decides to choose a plan that is less costly, then the District will contribute an amount toward that plan that is up to the District's dollar contribution to the premium cost of the Core Plan.
Benchmark and Core Plan All non-emergency transportation, including common carrier transportation, is not a covered service under the Benchmark Plan.
Job Evaluation The process at collecting data relevant to the job content and evaluating the position using the Peat Marwick Revised Core Plan.
The District shall also offer a medical plan that is less costly than the Core Plan.
Bargaining Unit Members shall have the option to buy down to a modified plan that will have an actuarial value of no more than five (5) percentage points lower in actuarial value than the Core Plan.
P-5 Bargaining Unit Members will be able to purchase up to a modified plan that will have an actuarial value of no more than five (5) percentage points higher than the Core Plan of the District.
If a Bargaining Unit Member selects a plan other than the Core Plan, then they will pay the costs in excess of the District’s limitations.