Common use of FRINGE BENEFIT PROGRAMS Clause in Contracts

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. 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 ▇. ▇▇▇▇▇-Choices II Pak B. Delta Dental (85/85/85); 85/85/85); one thousand five hundred dollars ($1,500) annual maximum per person on Class I and Class II benefits; benefits; one thousand dollars ($1,000) lifetime maximum on Class III benefits, including internal and external coordination of benefits. C. Long­Term Long-Term Disability ­ - sixty percent (60%) of monthly earnings to maximum monthly benefit of five thousand dollars (5,000); 5,000); ninety (90) day wait. D. Term life insurance in the policy face amount of thirty­five thirty-five 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 twenty-five 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.