Core Plans definition

Core Plans. Effective upon the implementation of CalPERS. The District agrees to pay the full monthly premium cost of the Xxxxxx Permanente or Health Net SmartCare plan (the "Core Plans" for active employees). The District will pay the CalPERS minimum required contribution amount toward the employee’s health care coverage directly to CalPERS in accordance with CalPERS requirements. The District will make a contribution for the remaining amount (that portion of the District’s contribution that exceeds the CalPERS minimum required contribution) to the District's Code Section 125 cafeteria plan for employees to allocate toward the cost of their health care benefits. If an employee selects any other plan that is offered by XxxXXXX that exceeds the cost of either of the Core Plans, the employee must pay the difference in premiums between the highest cost Core Plan and the plan he or she selects. If the selected plan is less than either of the core plans, employees shall not be reimbursed the difference. If CalPERS no longer offers the Core Plans that the District has designated above, the parties agree to meet and confer to determine which plans will be designated as Core Plans. Vision Coverage: District shall provide fully paid vision benefits for all employees and qualified eligible dependents.
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Core Plans. The District agrees to pay the full monthly premium cost of the Xxxxxx Permanente or Health Net SmartCare plan (the "Core Plans" for active employees). The District will pay the CalPERS minimum required contribution amount toward the employee’s health care coverage directly to CalPERS in accordance with CalPERS requirements. The District will make a contribution for the remaining amount (that portion of the District’s contribution that exceeds the CalPERS minimum required contribution) to the District's Code Section 125 cafeteria plan for employees to allocate toward the cost of their health care benefits. If an employee selects any other plan that is offered by XxxXXXX that exceeds the cost of either of the Core Plans, the employee must pay the difference in premiums between the highest cost Core Plan and the plan he or she selects. If the selected plan is less than either of the core plans, employees shall not be reimbursed the difference. If CalPERS no longer offers the Core Plans that the District has designated above, the parties agree to meet and confer to determine which plans will be designated as Core Plans. Retiree Benefits: Employees are eligible for retiree medical benefits through CalPERS provided that they retire from the District within 120 days of separation from the District and begin receiving a retirement allowance from the Contra Costa County Employee's Retirement Association. For employees who do not meet the eligibility requirements as outlined in Tier II and Tier III Retiree Health Benefits, the District will only pay the minimum employer contribution that CalPERS requires toward medical coverage upon retirement from the District. The District will pay the CalPERS minimum required contribution amount toward a retiree's health care coverage directly to CalPERS in accordance with CalPERS requirements. For those employees that are eligible for Tier II or Tier III retiree health benefits, the District will pay the CalPERS minimum required contribution amount toward the employee’s health care coverage directly to CalPERS in accordance with CalPERS requirements. The District will contribute any amount that exceeds the CalPERS minimum required contribution, in accordance with the employees’ Tier, to a retiree-only Health Reimbursement Account.
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Core Plans. Effective upon the implementation of CalPERS. The District agrees to pay the full monthly premium cost of the Xxxxxx Permanente or Health Net SmartCare plan (the "Core Plans" for active employees). The District will pay the CalPERS minimum required contribution amount toward the employee’s health care coverage directly to CalPERS in accordance with CalPERS requirements. The District will make a contribution for the remaining amount (that portion of the District’s contribution that exceeds the CalPERS minimum required contribution) to the District's Code Section 125 cafeteria plan for employees to allocate toward the cost of their health care benefits. If an employee selects any other plan that is offered by XxxXXXX that exceeds the cost of either of the Core Plans, the employee must pay the difference in premiums between the highest cost Core Plan and the plan he or she selects. If the selected plan is less than either of the core plans, employees shall not be reimbursed the difference. If CalPERS no longer offers the Core Plans that the District has designated above, the parties agree to meet and confer to determine which plans will be designated as Core Plans. Employees hired by the District prior to May 1, 1985 shall be covered by medical, dental, and reduced life insurance plans (one-half of the life insurance provided at time of retirement for employees hired before May 1, 1985) when they retire from District employment provided that they meet the “Rule of 65.” Under the “Rule of 65” an employee’s age plus years of service with the District at the time of retirement must total 65, with a minimum requirement that the employee must be at least age 50 and have at least ten (10) years of continuous service with the District at the time of retirement. Eligible employees’ qualified dependents (as defined by the plan provider) who were covered as dependents at the time of retirement also shall be covered by medical and dental plans.
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Examples of Core Plans in a sentence

  • Nothing contained in this section is intended to limit or otherwise modify benefits that the Executive may otherwise be entitled to under this Agreement with respect to the Core Plans.

  • If an employee meets the Rule of 65, effective upon the ratification of the MOU and the implementation of CalPERS, the District agrees to pay the full monthly premium cost of the Xxxxxx Permanente or Health Net SmartCare plan (the "Core Plans" for active employees).

  • Landlord shall promptly notify Tenant of any such changes and shall provide updated Final Shell and Core Plans clearly identifying the changes and, if applicable, shall provide a copy of the change order between Landlord and its contractor.

  • As used herein, “Building Shell and Core” shall mean those items described in the Shell and Core Plans.

  • However, the affected party shall not be required to incur overtime expense or other extraordinary expense, to change contractors or subcontractors, or to substitute materials or otherwise materially change the TI Plans or Shell and Core Plans, as the case may be, in such event.

  • To the extent the Shell and Core Plans are not a complete set of construction drawings, Landlord shall develop a final set of construction drawings and specifications (the “Final Shell and Core Plans”) in consultation with Tenant.

  • If the Shell and Core Plans are revised after Tenant has begun the Final Contract Drawings (as defined in Paragraph 3.1 below) and as a result of such changes in the Shell and Core Plans Tenant is obligated to revise its Drawings then Landlord shall reimburse Tenant for all costs of such revisions.

  • The Final Shell and Core Plans shall be approved by Landlord and Tenant and such approval shall be evidenced by initialing the final set of drawings.

  • For those retirees age 65 and older, the Core Plans are Kaiser Senior Advantage and United Healthcare.

  • Landlord shall notify Tenant of and Tenant shall be entitled to participate in all meetings with the architect and engineers preparing the Final Shell and Core Plans.

Related to Core Plans

  • Welfare Plans shall have the meaning set forth in Section 3.2.4.

  • Old Plans shall have the meaning set forth in Section 5.11(b).

  • Parent Plans has the meaning set forth in Section 6.4(c).

  • Compensation Plans shall have the meaning set forth in Section 3.8(b).

  • Option Plans has the meaning set forth in Section 2.6 below.

  • Health and Welfare Plans means any plan, fund or program which was established or is maintained for the purpose of providing for its participants or their beneficiaries, through the purchase of insurance or otherwise, medical (including PPO, EPO and HDHP coverages), dental, prescription, vision, short-term disability, long-term disability, life and AD&D, employee assistance, group legal services, wellness, cafeteria (including premium payment, health flexible spending account and dependent care flexible spending account components), travel reimbursement, transportation, or other benefits in the event of sickness, accident, disability, death or unemployment, or vacation benefits, apprenticeship or other training programs or day care centers, scholarship funds, or prepaid legal services, including any such plan, fund or program as defined in Section 3(1) of ERISA.

  • New Plans has the meaning set forth in Section 5.5(b).

  • Equity Plans meanss the stock option and incentive plans adopted and maintained by the Company from time to time.

  • EHC plan means an Education, Health and Care plan made under sections 37(2) of the Children and Families Act 2014.

  • Company Plans shall have the meaning set forth in Section 3.14(a).

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Employee Plans means all Benefit Arrangements, Multiemployer Plans, Pension Plans and Welfare Plans.

  • Welfare Plan means a “welfare plan” as defined in Section 3(1) of ERISA.

  • Benefit Plans shall have the meaning set forth in Section 3.13(a).

  • Statutory Plans means statutory benefit plans which a Party and any of its Subsidiaries are required to participate in or comply with, including any benefit plan administered by any federal or provincial government and any benefit plans administered pursuant to applicable health, tax, workplace safety insurance, and employment insurance legislation;

  • Benefit Arrangements has the meaning set forth in Section 4.20(b).

  • Sub-Plans means any sub-plan to the Plan that has been adopted by the Board or the Committee for the purpose of permitting the offering of Awards to employees of certain Designated Foreign Subsidiaries or otherwise outside the United States of America, with each such sub-plan designed to comply with local laws applicable to offerings in such foreign jurisdictions. Although any Sub-Plan may be designated a separate and independent plan from the Plan in order to comply with applicable local laws, the Absolute Share Limit and the other limits specified in Section 5(b) shall apply in the aggregate to the Plan and any Sub-Plan adopted hereunder.

  • Prior Plans means, collectively, the Company’s 2006 Long-Term Incentive Plan, as amended, 2009 Long-Term Incentive Plan, 2012 Long-Term Incentive Plan and 2013 Long-Term Incentive Plan. Awards granted under the Prior Plans continue to be governed under the terms of those Prior Plans.

  • Incentive Plans means any incentive, bonus, deferred compensation or similar plan or arrangement currently or hereafter made available by Employer in which Executive is eligible to participate.

  • Health Plans means any and all individual and family health and hospitalization insurance and/or self-insurance plans, medical reimbursement plans, prescription drug plans, dental plans and other health and/or wellness plans.

  • Qualified Plans has the meaning set forth in Section 5.20.

  • Incentive Compensation Plans means annual incentive compensation plans and long‑term incentive compensation plans of the Company, which long‑term incentive compensation plans may include plans offering stock options, restricted stock and other long‑term incentive compensation.

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • Company Share Plans means, collectively, (i) the 2018 Share Incentive Plan of the Company, which replaced the Company’s 2010 Share Incentive Plan in its entirety, and (ii) the Post-IPO Share Incentive Plan of the Company.

  • Multiple employer welfare arrangement means a multiple employer welfare arrangement

  • Foreign Plans shall have the meaning set forth in Section 3.11(d).