FRINGE BENEFIT PROGRAMS Sample Clauses
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FRINGE BENEFIT PROGRAMS. In addition to the Salary provided in Section 4 hereof, the Executive will be entitled to participate in all fringe benefit programs as from time to time are or may be provided by the Company to its executive officers (e.g., any medical, dental, group insurance, vacation, holiday, 401(k), pension, stock option, or retirement plans) in accordance with the terms and conditions thereof in effect from time to time.
FRINGE BENEFIT PROGRAMS. In addition to the other benefits provided to the Executive hereunder and to the extent he satisfies the eligibility requirements thereof and to the extent permitted by law, participation in fringe benefit programs made available generally to employees or independent contractors of the Company, including, without limitation, pension, profit sharing, stock purchase, savings, bonus, disability, life insurance, health insurance, hospitalization, dental, deferred compensation and other plans and policies authorized on the date hereof or in the future.
FRINGE BENEFIT PROGRAMS. In addition to the other benefits provided to the Executive hereunder, the right to participate in the fringe benefit programs now or hereafter maintained by Insignia\ESG or the Parent Company during the Employment Period and offered by Insignia\ESG or the Parent Company to its managing directors. Such fringe benefit program may include, but not be limited to, pension, profit sharing, stock purchase, stock option, savings, bonus, disability, life insurance, health insurance, hospitalization, dental, and other plans and policies authorized on the date hereof (collectively, "Company Benefit Plans").
FRINGE BENEFIT PROGRAMS. City reserves the right to select the insurance carrier(s) or to self-administer any of the fringe benefit programs provided during the term of this agreement. In the event that any offered health plan is no longer offered, the City agrees to provide a suitable replacement health plan that is substantially comparable and agrees to meet and confer regarding same. All benefits provided under this section (Section 6) are subject to the characteristics of each individual benefit program. The value or availability of the benefits provided in this Agreement as originally worded or as amended from time-to-time may depend on their tax treatment by the State or Federal government or the decisions of other government agencies or departments, such as, but not limited to, the Public Employees' Retirement System. The City will endeavor to obtain the most favorable treatment legally possible from these other governmental entities. However, the City makes no representation concerning the value of such benefits to unit members or how they will be taxed or otherwise treated by other agencies or departments. The City's obligations under this Agreement are limited to the direct cost of providing the salary and benefits as described in this Agreement. The City shall have no additional financial obligation, even if the tax or other treatment of such salary or benefits by other agencies or departments reduces or eliminates their value to the employee.
(a) The City will continue all employee benefits and pay the appropriate premiums, as specified in the applicable section(s) of this agreement, due for an employee out on an authorized leave while an employee is being compensated by accrued annual leave time (see Annual Leave section 4 above), compensatory time, industrial leave time and/or non-industrial leave time In accordance with applicable law.
(b) Employee may continue certain employee benefits during an authorized leave without pay for the period of the authorized leave by making payment to City for said benefits.
(c) If there is any inconsistency between this section and the Personnel Rules and Regulations, the Personnel Rules and Regulations shall govern.
FRINGE BENEFIT PROGRAMS. 34. The fringe benefit provisions contained herein shall apply to all Employer members of the Labor Relations Division of the Ohio Contractors Association, all Employers who be- come signatory, or bound by this Agreement, and any other Employer or Employer groups who become a party to an agreement covering the Fringe Benefit Programs set forth herein.
35. Fringe benefit contributions shall be paid at the fol- lowing rates for all hours paid to each employee by the Em- ployer under this Agreement which shall in no way be consid- ered or used in the determination of overtime pay. Hours paid shall include holidays and reporting hours which are paid.
A. PENSION FUND: Effective May 1, 2010 is $5.00 per hour
B. HEALTH & WELFARE PLAN: Effective May 1, 2010 is $6.66 per hour
C. APPRENTICESHIP FUND: Effective May 1, 2010 is $.55 per hour
D. SAFETY TRAINING & EDUCATIONAL TRUST FUND: Effective May 1, 1974 is $.04 per hour The Union shall have the option of diverting all or any part of the increase scheduled for improvement of or payment of costs of any fund benefits provided under this Agreement; provided that the Union gives the Employer written notice of its election to do so by registered letter sent to the office of the Ohio Contractors Association at least 60 days before the effective date of the scheduled change specifying in said notice the amount of change to be applied for this purpose in the fund benefit for which the money is to be used.
36. It is further understood and agreed by and between the parties that duly authorized representatives of any of said Trust Funds or Plan shall have the right, on written notice, to audit during regular working hours, the books and records of any party obligated under this Agreement to contribute thereto,
37. Reports of employees who have worked, the number of hours that they have been paid, and such other data and information as may be required, and all contributions payable to the Funds or Plan shall be transmitted to the offices of the Funds or Plan no later than the fifteenth (15th) day of the month immediately following the calendar month in which the work was performed. In the event said audit is refused, reports not furnished, or said contributions are not paid, as aforesaid, the following remedies, in whole or in part, and in addition to all other remedies, either in law, in equity, by contract, or autho- rized by the aforementioned Agreements and Declarations of Trust, shall be available:
A. After the Trustees, o...
FRINGE BENEFIT PROGRAMS. Upon proper application and acceptance for enrollment by the appropriate insurance underwriter and carrier, the District shall make premium payments for insurance coverage for all eligible bargaining unit members (and eligible dependents of bargaining unit members hired on or before December 1, 1996) for the following plans:
A. MESSAChoices II Pak
B. Delta Dental (85/85/85); one thousand five hundred dollars ($1,500) annual maximum per person on Class I and Class II benefits; one thousand dollars ($1,000) lifetime maximum on Class III benefits, including internal and external coordination of benefits.
C. LongTerm Disability sixty percent (60%) of monthly earnings to maximum monthly benefit of five thousand dollars (5,000); ninety (90) day wait.
D. Term life insurance in the policy face amount of thirtyfive thousand dollars ($35,000).
E. Eligible bargaining unit members who waive enrollment in health insurance (A, above) or who are enrolled in health insurance coverage through another source, shall receive a cash stipend in the amount of one hundred eight dollars and twentyfive cents ($108.25) per month. The amount shall be elected and paid under the terms of an IRC Section 125 Plan developed and administered by the District. Bargaining unit members may enter into an elective voluntary salary reduction agreement with the District to contribute this amount in an IRC Section 403(b) annuity, less any required employee FICA. The cash stipend paid under this provision is subject to deduction for FICA and employee tax withholding, as may be applicable, depending upon whether or not the bargaining unit member receives the amount in cash or enters into a salary reduction agreement for a 403(b) annuity.
FRINGE BENEFIT PROGRAMS. CCLS shall provide the fringe benefits plans, to employees covered by this Agreement, as listed:
a. Medical Insurance
b. Dental Insurance
c. Vision Insurance
d. Long Term Disability
e. Life Insurance
f. Worker’s Compensation
g. Unemployment Insurance Deleted: Permanent Deleted: permanent Deleted: Deleted: newly Deleted: probationary Deleted: permanent Deleted: newly Deleted: probationary Deleted: permanent Deleted: of
h. Additional Life Insurance. (Voluntary participation, employee pays premiums through payroll withholdings);
i. Tax Deferred Annuities (Voluntary participation through payroll withholdings);
j. Employer paid T.S.
A. will be as follows: Years of employment CCLS Contribution 1-2 1% of employee salary 2-3 2% of employee salary 3-4 3% of employee salary 4-5 4% of employee salary 5+ 5% of employee salary This applies only to new employees hired after ratification. Current staff is grandfathered into language from previous CBA.
k. State and County Bar Dues and some professional organization dues;
l. Dependent health coverage available; CCLS will continue to pay 2/3 of the additional dependent premium cost. (Dependent coverage is available for medical, dental and vision plans only-participation in both plans is not required).
m. Participation in revolving computer loan fund.
n. Additional Allstate Accident and Cancer Insurance (voluntary participation, employee pays premiums through payroll withholdings). Such plans may be changed by CCLS, provided it replaces such plans with substantially equivalent benefits to covered employees. Notwithstanding this, there shall be no changes in benefits for covered employees without prior discussion and approval by the majority of CCLS Union members. CCLS will pay the full amount of the employee premium . CCLS will employee health insurance pay 66.66% of dependent coverage premiums. When CCLS is advised of any insurance renewal rates, CCLS and the Union shall meet and confer to determine if any adjustments are necessary. Contributions to the TSA shall be at the discretion of the individual employee. CCLS shall continue, commence, or cease employee contributions as directed by the individual employee.
FRINGE BENEFIT PROGRAMS. A. The District shall provide group health, life, dental, and long-term disability benefit programs on an annual basis which accord teachers, at a minimum, the benefits set forth in the summary plan description.
FRINGE BENEFIT PROGRAMS. 1. Commencing in 2013-2014 the classified health benefit cap will be $10,331. The available fringe benefit plan offered through SISC (Self Insured Schools of California) and the associated rate/contribution chart is included as an appendix of this Agreement.
2. Should a unit member select a plan option which is below the benefit cap for their assignment, the difference between the cost of the selected plan and the classified health benefit cap will be contributed by the District to an IRS section code 125 Plan (125 Plan) for unreimbursed medical expenses. It is the employee's responsibility to meet with the 125 plan administrator annually, to set up the individuals account.
FRINGE BENEFIT PROGRAMS. 1. Commencing in 2013-2014 the classified health benefit cap will be $10,331. The available fringe benefit plan offered through SISC (Self Insured Schools of California) and the associated rate/contribution chart is included as an appendix of this Agreement. District contribution shall be increased by $600 as of July 1, 2015.
2. Should a unit member select a plan option which is below the benefit cap for their assignment, the difference between the cost of the selected plan and the classified health benefit cap will be contributed by the District to an IRS section code 125 Plan (125 Plan) for unreimbursed medical expenses. It is the employee's responsibility to meet with the 125 plan administrator annually, to set up the individuals account.
3. The District agrees to form a committee with the bargaining unit, certificate, and management to discuss the movement to a Joint Management Trust (JMT) to discuss possible changes in benefit packages.