Additional HRA-Biweekly Contribution Sample Clauses
The "Additional HRA-Biweekly Contribution" clause establishes an employer's obligation to make extra contributions to an employee's Health Reimbursement Arrangement (HRA) on a biweekly basis. Typically, this means that in addition to any standard contributions, the employer will deposit a specified amount into the HRA every two weeks, which employees can use to cover eligible healthcare expenses. This clause ensures that employees receive regular, predictable funding for medical costs, thereby enhancing their healthcare benefits and reducing out-of-pocket expenses.
Additional HRA-Biweekly Contribution. Effective February 23, 2010 through August 6, 2012 (end of pay period closest to Board adoption), for each eligible employee in paid status, the County contributed ten dollars ($10) each pay period into each employee’s individual HRA account.
Additional HRA-Biweekly Contribution. For each eligible employee in paid status, the County shall contribute ten dollars ($10) each pay period into each employee’s individual HRA account through the expiration of the MOU and, absent a successor MOU, continuing such contribution.
Additional HRA-Biweekly Contribution. Effective the first full pay period following Board adoption, for each eligible employee in paid status, the County shall contribute ten dollars ($10) each pay period into each employee’s individual HRA account through the expiration of the MOU and, absent a successor MOU, continuing such contribution.