Alternative Benefit Option Sample Clauses

Alternative Benefit Option. Eligible, full-time unit employees, who are regularly scheduled to work sixty-four (64) hours or more per pay period, providing proof of alternative health insurance coverage shall be reimbursed up to: • Employee/Subscriber up to $310.00 (Monthly) • Dependent up to $248.00 (Monthly) Eligible, part-time unit employees, who are scheduled to work a minimum of forty (40) hours but less than sixty-four (64) hours in a pay period, providing proof of alternative health insurance coverage, shall be reimbursed up to: • Employee/Subscriber up to $ 155.00 (Monthly) • Dependent up to $ 124.00 (Monthly) Part-time unit employees, who are scheduled to work less than forty (40) hours in a pay period are not eligible for the Alternative Benefit Option. Employees choosing the ABO option cannot apply ABO benefit dollars towards options under the Flexible Benefits Plan. Administration of this option shall be subject to the County guidelines. County and Union may, by mutual agreement, agree to reopen this Section and meet and confer regarding its terms and conditions at any time during the term of this MOU.
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Alternative Benefit Option. Employees providing proof of alternative health insurance coverage shall be reimbursed up to $263.00 per month for employee/subscriber only coverage for him/herself and $240.00 for dependent coverage under this option. Eligible, part-time unit employees, who are scheduled to work a minimum of forty (40) hours but less than sixty-four (64) hours in a pay period, providing proof of alternative health insurance coverage, shall be reimbursed up to $132.00 per month for employee only coverage and $120 for dependent coverage under this option. Part-time unit employees, who are scheduled to work less than forty (40) hours in a pay period, are not eligible for the Alternative Benefit Option. Employees choosing the ABO option cannot apply ABO benefit dollars towards options under the Flexible Benefits Plan. Administration of this option shall be subject to County guidelines. Employees who select employee only coverage but do not select dependent coverage under the ABO benefit will be eligible to cash out the dependent ABO amount as taxable wages. Employee only dollar benefits are not cashable under any circumstances. County and Resident Physicians may, by mutual agreement, agree to reopen this Article and meet and confer regarding its terms and conditions at any time during the term of this MOU.
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Alternative Benefit Option. Eligible, full-time unit employees, who are regularly scheduled to work sixty-four (64) hours or more per pay period, providing proof of alternative health insurance coverage shall be reimbursed up to: Monthly County Contribution Employee/Subscriber $310.00 Dependent $248.00 Eligible, part-time unit employees, who are scheduled to work a minimum of forty (40) hours but less than sixty-four (64) hours in a pay period, providing proof of alternative health insurance coverage, shall be reimbursed up to: Monthly County Contribution Employee/Subscriber $155.00 Dependent $124.00 Part-time unit employees, who are scheduled to work less than forty (40) hours in a pay period, are not eligible for the Alternative Benefit Option. Employees choosing the ABO option cannot apply ABO benefit dollars towards options under the Flexible Benefits Plan. Administration of this option shall be subject to the County guidelines. County and Union may, by mutual agreement, agree to reopen this Section and meet and confer regarding its terms and conditions at any time during the term of this MOU.
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Alternative Benefit Option. Eligible, full-time unit employees, who are regularly scheduled to work sixty-four (64) hours or more per pay period, providing proof of alternative health insurance coverage shall be reimbursed up to: Monthly County Contribution Employee/Subscriber $310.00 Dependent $248.00 Eligible, part-time unit employees, who are scheduled to work a minimum of forty (40) hours but less than sixty-four (64) hours in a pay period, providing proof of alternative health insurance coverage, shall be reimbursed up to: Monthly County Contribution Employee/Subscriber $155.00 Dependent $124.00 Part-time unit employees, who are scheduled to work less than forty (40) hours in a pay period, are not eligible for the Alternative Benefit Option. Employees choosing the ABO option cannot apply ABO benefit dollars towards options under the Flexible Benefits Plan. Administration of this option shall be subject to the County guidelines. County and MCRNA may, by mutual agreement, agree to reopen this Section and meet and confer regarding its terms and conditions at any time during the term of this MOU.
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Alternative Benefit Option. Eligible, full-time unit employees, who are regularly scheduled to work sixty-four (64) hours or more per pay period, providing proof of alternative health insurance coverage shall be reimbursed up to: Monthly County Contribution Employee/Subscriber up to $310.00 (Monthly) Dependent up to $248.00 (Monthly) Eligible, part-time unit employees, who are scheduled to work a minimum of forty (40) hours but less than sixty-four (64) hours in a pay period, providing proof of alternative health insurance coverage, shall be reimbursed up to: Monthly County Contribution Employee/Subscriber up to $155.00 (Monthly) Dependent up to $124.00 (Monthly) Part-time unit employees, who are scheduled to work less than forty (40) hours in a pay period, are not eligible for the Alternative Benefit Option. Employees choosing the ABO option cannot apply ABO benefit dollars towards options under the Flexible Benefits Plan. Administration of this option shall be subject to the County guidelines. Employees who select employee-only coverage but do not select dependent coverage under the ABO benefit will be eligible to cash out the dependent ABO amount as taxable wages. Employee only dollar benefits are not cashable under any circumstances. County and Union may, by mutual agreement agree to reopen this Section and meet and confer regarding its terms and conditions at any time during the term of this MOU.
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Related to Alternative Benefit Option

  • Effective Date of Benefit Termination Medical, dental and life coverage termination will take effect on the first of the month following the loss of eligible employee or dependent status. Disability benefit coverage terminations will take effect on the day following loss of eligible employee status.

  • Retirement Savings Plan Within fifteen (15) days after the date of Termination of Employment, the Company shall pay to Employee a cash payment in an amount, if any, necessary to compensate Employee for the Employee’s unvested interests under the Company’s retirement savings plan which are forfeited by Employee in connection with the Termination of Employment.

  • Survivor Benefit Upon the death of a regular employee who leaves a spouse and/or dependants enrolled in the Medical Services Plan, Dental Plan and Extended Health Benefit Plan, such enrolment may continue for twelve (12) months following the employee’s death, provided the enrolled family members pay the employee’s share of the cost of the premium for the plans. The Employer shall advise the survivor of this benefit.

  • Executive Benefit Plans The Executive shall be entitled to participate in all plans or programs sponsored by the Company for employees in general, including without limitation, participation in any group health, medical reimbursement, or life insurance plans.

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.