Employee premium definition

Employee premium means the monthly premium share a person or family is required
Employee premium means the monthly amount an individual or family is required to pay to the employer to obtain and maintain ESI coverage.
Employee premium means for any Employee the sum of (a), (b), (c) and (d) below:

Examples of Employee premium in a sentence

  • Company-paid health, dental, vision, long-term disability and life insurance coverage at the same level of coverage as was provided to such Employee immediately prior to the Change of Control and at the same ratio of Company premium payment to Employee premium payment as was in effect immediately prior to the Change of Control (the “Company-Paid Coverage”).

  • Employee premium contributions shall be calculated based on 26 pay periods.

  • Employee premium payments and School District premium contributions will be pro-rated over 17 pay periods during the employee’s regular work year on a schedule to be determined by the School District.

  • The Employer and Employee premium cost share shall remain unchanged at these percentages for each tier of coverage for the remaining duration of this contract, except as provided for herein.

  • Company-paid health, dental, vision, and life insurance coverage at the same level of coverage as was provided to such Employee immediately prior to the Change of Control and at the same ratio of Company premium payment to Employee premium payment as was in effect immediately prior to the Change of Control (the “Company-Paid Coverage”).

  • Employee premium share contributions shall be made pursuant to an I.R.C. Section 125 Plan (pre-tax contribution) implemented by the Board.

  • The Employer and Employee premium contributions for these benefits, if applicable, shall continue.

  • Employee premium share for health, dental and vision insurance shall be as specified in the charts appended to this Agreement.

  • Employee premium payments will be calculated at the same employee premium share percentages, based on the rates in effect for each plan year subject to the provisions of 2 B.

  • Employee premium payments will be paid through payroll deduction.

Related to Employee premium