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(PAK-B) definition

(PAK-B). For Employees who qualify for the “Medical Benefit Plan” (Pak-A, Part-1) and do not elect the “Medical Benefit Plan”:
(PAK-B). For Employees who qualify for the “Medical Benefit Plan” (Pak-A, Part-1) or (PAK-C, Part-2) and
(PAK-B)For Employees who qualify for the “Medical Benefit Plan” (Pak-A, Part-1 or PAK-C, Part-1) and do not elect the “Medical Benefit Plan”: The Board agrees to provide a (Non-Medical Benefit Plan) for (PAK-B) as negotiated and listed below) and monthly premium payments from July 1, 2018 through June 30, 2019, as described below for twelve (12) months provided the individual is employed full-time, employees less than full time will be prorated accordingly. For employees who work less than the applicable positions work year due to being hired after the contacted year or who resign or retire before the end of the contract year or whose census category changes during the contract year will receive prorated Board premium payments accordingly. (Non-Medical Benefit Plan) - (PAK-B) 2018-2019: Dental: Class I: 100% Class II: 100% Class III: 80% Annual Max: $1,000 Class IV: 80% Lifetime Max: $1,500 Riders: 2 Cleanings Vision: VSP 3 Plus Life Insurance: $45,000 AD&D Coverage: $45,000 Family Plan: $ 100 .0% of the total monthly premium. Two Person Plan: $ 100 .0% of the total monthly premium. Single Subscriber Plan: $ 100 .0% of the total monthly premium. The following paragraphs pertain to the (Non-Medical Benefit Plan) - (Pak-A, Part-2) and (PAK-C, Part- 2) and (PAK-B) Plans: Any portion of the actual applicable plans coverage year’s annual premium cost not covered by the Board paid (Non-Medical Benefit Plan) - (PAK-A, Part-2 or PAK-C, Part-2) and the (Pak-B) Plans monthly premiums; shall be paid by the employee via payroll deduction. Employees must authorize the District the right to deduct the employee’s portion of the applicable plans premium contribution via payroll deduction as a condition to be eligible for the (Non-Medical Benefit Plan) - (PAK-A, Part- 2 or PAK-C, Part-2) and (Pak-B) Plans: The employee paid applicable plan premium payments made via payroll deduction to cover the employee contribution shall be evenly spread over the existing pay-periods the employee has selected for their salary payments.

Examples of (PAK-B) in a sentence

  • In the event that an employee waives available coverage(s) under the Cafeteria Plan and thereby elects to receive additional compensation under PAK-B, pursuant to the terms of the Plan, any direction of that compensation to a tax-deferred annuity under Section 403 (b) of the Internal Revenue Code or within the meaning of Section 1224 of the Revised School Code shall be regarded as a voluntary and elective contribution made by the employee through salary reduction.

  • In the event that an eligible bargaining unit member waives available coverage(s) under the Cafeteria Plan and thereby elects to receive additional compensation under PAK-B, pursuant to the terms of the Plan, any direction of that compensation to a tax-deferred annuity under Section 403(b) of the Internal Revenue Code or within the meaning of Section 1224 of the Revised School Code shall be regarded as a voluntary and elective contribution made by the teacher through salary reduction.

  • All benefits and coverage for all plans above (“Medical Benefit Plan” (PAK-A, Part-1); (Non-Medical Benefit – Benefit Options) - (PAK-A, Part-2); and (PAK-B); shall be subject to and conditioned upon proper application by the employee for coverage and acceptance of the application by the carrier.

  • If not electing the Medical Benefit Plan, the Board offers the Administrator PAK-B, Non-Medical Benefit Plan, and a cash option plan in the amount of $500.00 per month under MESSA Optional programs.

  • Employees not electing the “Medical Benefit Plan” shall receive the following benefit package: Present (PAK-B); (Non-Medical Benefit Plan-benefit options) for the 2013-2014 2015-2016 Contract Year unless the benefit options are negotiated to a different benefit plan provider or the plans benefit options are negotiated to different levels of benefit options.

  • Messa Provided (PAK-B: Non-Medical Benefit Plan-benefit options): Dental (Class 1-100%; Class 2- 100%; Class 3-85%; Annual Max: $2,000; Class 4: 85%; Lifetime Max: $3,500; Riders: 2 Cleanings; Vision: VSP 3 Gold; Life Insurance: $40,000: Rate/$1000; AD&D Coverage $40,000: Rate/$1000; LTD Benefits: 60% Max $5,000; Max Monthly Salary: $8,333; 90 CDSW; Alcohol/Drug: Same as any other illness; Mental/Nervous: Same as any other illness; Soc.

  • School year employees that work 35 hours or more are eligible for PAK A or PAK-C or PAK-B.

  • PAK-B benefits waiving health/hospitalization with proof of other group health plan coverage.

  • The following paragraphs pertain to all “Medical Benefit Plans” (PAK-A, Part-1); and (Non-Medical Benefit Plans - (PAK-A, Part-2) and (PAK-B) Plans: Any portion of the actual applicable plans monthly premium costs not covered by the Board paid premiums for the “Medical Benefit Plans” (Pak-A, Part-1); and the (Non-Medical Plans) - (Pak-A, Part-2) and (Pak-B) Plans; shall be paid by the employee via payroll deductions.

  • Section 2: From July 1, 2011, through June 30, 2014, the College assumes costs of PAK-B including long term disability, term life, vision and dental insurance benefits.


More Definitions of (PAK-B)

(PAK-B)This Plan does not include Health Insurance but does include Vision and Dental insurance, Life and Long Term Disability coverage. Detailed Plan Information can be found HERE. New PAK B enrollees will receive a one-time $750 Stipend, plus an annuity of $500 per month. Members having already elected to take Plan B will receive an annuity of $500 per month.

Related to (PAK-B)

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • BOQ means Bill of Quantity or the Price Schedule in which rates for the e-tender should be quoted and uploaded online on the e-tender website.

  • We/Us/Our means TATA AIG General Insurance Company Limited.

  • LHSIA means the Local Health System Integration Act, 2006, and the regulations made under it, as it and they may be amended from time to time;

  • PM2.5 means particulate matter with an aerodynamic diameter less than or equal to a nominal 2.5 micrometers as measured by a reference method based on 40 CFR Part 50 Appendix L and designated in accordance with 40 CFR Part 53 or by an equivalent method designated in accordance with 40 CFR Part 53.

  • SFTR means Regulation (EU) 2015/2365 of the European Parliament and of the Council of 25 November 2015 on transparency of securities financing transactions and of reuse and amending Regulation (EU) No 648/2012;

  • SMME means small, medium and micro enterprises namely Exempted Micro Enterprises and Qualifying Small Enterprises

  • Pistol means any firearm with a barrel less than sixteen inches in length, or is designed to be held and fired by the use of a single hand.

  • SOQ means Statement of Qualifications.

  • Roomer means a person occupying a dwelling unit that lacks a major bathroom or kitchen facility, in a structure where one or more major facilities are used in common by occupants of the dwelling unit and other dwelling units. Major facility in the case of a bathroom means toilet, or either a bath or shower, and in the case of a kitchen means refrigerator, stove or sink.

  • NZOC means the New Zealand Olympic Committee Incorporated.

  • Tabarru’ means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.

  • MT means metric tons.

  • COGSA means the Carriage of Goods by Sea Act of the United States of America approved on 16th April 1936.

  • Loft means an intermediary floor on a residual space in a pitched roof; above normal floor level with a maximum height of 1.5 metres and which is constructed or adopted for storage purposes;

  • Cottage Sector Means a single dwelling that does not have a common facility for a multiple number of tenants.

  • Sailboat means the same as that term is defined in Section 73-18-2.

  • MECAB refers to the Multiple Exchange Carrier Access Billing document prepared by the Billing Committee of the Ordering and Billing Forum “OBF”, which functions under the auspices of the Carrier Liaison Committee “CLC of the Alliance for Telecommunications Industry Solutions “ATIS”. The MECAB document, published by ATIS as ATIS/OBF- MECAB- Issue 6, February 1998, contains the recommended guidelines for the billing of access services provided to an IXC by two or more LECs, or by one LEC in two or more states within a single LATA.

  • Raffle means a lottery in which the prize is won by (i) a random drawing of the name or

  • €STRi-pTBD means, in respect of any TARGET Business Day falling in the relevant Interest Accrual Period, the €STR for the TARGET Business Day falling “p” TARGET Business Days prior to the relevant TARGET Business Day “i”;

  • CESA means the California Endangered Species Act (Fish & G. Code, § 2050 et seq.) and all rules, regulations and guidelines promulgated pursuant to that Act.

  • POPIA means the Protection of Personal Information Act, No 4 of 2013;

  • MOHLTC means the Minister or the Ministry of Health and Long-Term Care, as the context requires;

  • CARB means the California Air Resources Board.