Common use of Elect Plan Clause in Contracts

Elect Plan. The lesser of the Employer’s contribution for the Choice Passport Plan for 2020; or the actual cost of the Elect Plan premium. Employees shall be responsible for the difference between the monthly premium and the Employer’s monthly contribution. Based on a 6.0% premium increase for the Choice Passport Plan, this results in the following Employer contributions: $75 per month in a VEBA for completion of 2019 Wellness Program). Employee share: $0.00/month. $75 per month in a VEBA for completion of 2019 Wellness Program). Employee share: $86.98/month.

Appears in 1 contract

Sources: Collective Bargaining Agreement

Elect Plan. The lesser of the Employer’s contribution for the Choice Passport Plan for 20202019; or the actual cost of the Elect Plan premium. Employees shall be responsible for the difference between the monthly premium and the Employer’s monthly contribution. Based on a 6.0% premium increase for the Choice Passport Plan, this results in the following Employer contributions: $75 per month in a VEBA for completion of 2019 2018 Wellness Program). Employee share: $0.00/month. $75 per month in a VEBA for completion of 2019 2018 Wellness Program). Employee share: $86.9876.52/month.

Appears in 1 contract

Sources: Collective Bargaining Agreement