Common use of HRA Contribution Clause in Contracts

HRA Contribution. The district will provide a Health Reimbursement Account for all participating employees that will be available to fund expenses relating to deductibles or co- pays under the plan. The plan year shall run from October 1 through September 30 of each year and HRA contributions will be funded on October 1 at the levels set forth below: 1) The District shall contribute $1,000 per employee carrying single coverage, and $2,000 per participating employee carrying dependent coverage. 2) New employees starting service after the beginning of the plan year in October will receive an HRA contribution prorated by month based on the month of their first date of service. Part-time salaried teachers will receive an HRA contribution prorated by their percent of contract. Long Call Substitutes working for less than a full school year will not be eligible for an HRA contribution. 3) Employees eligible for Employee Married to Employee (EME) coverage pursuant to 13.2, F.4. below, will receive an HRA contribution of $1,500 for each employee if in single coverage plans or $3,000 to the employee carrying a dependent coverage plan. 4) Employees will be allowed to roll over unused HRA dollars year-to-year up to a cap of two times the deductible for the selected single or dependent plan. At no time will an employee have access to HRA dollars in excess of the cap. 5) An employee eligible for retirement benefits through the Teachers Retirement Association at the time of separation from the District shall have one year to spend down any balance in the employee’s HRA account pursuant to the provisions of the plan.

HRA Contribution. The district will provide a Health Reimbursement Account for all participating employees that will be available to fund expenses relating to deductibles or co- co-pays under the plan. The plan year shall run from October 1 through September 30 of each year and HRA contributions will be funded on October 1 at the levels set forth below: 1) The District shall contribute $1,000 per employee carrying single coverage, and $2,000 per participating employee carrying dependent coverage. 2) New employees starting service after the beginning of the plan year in October will receive an HRA contribution prorated by month based on the month of their first date of service. Part-time salaried teachers will receive an HRA contribution prorated by their percent of contract. Long Call Substitutes working for less than a full school year will not be eligible for an HRA contribution. 3) Employees eligible for Employee Married to Employee (EME) coverage pursuant to 13.2, F.4. below, will receive an HRA contribution of $1,500 for each employee if in single coverage plans or $3,000 to the employee carrying a dependent coverage plan. 4) Employees will be allowed to roll over unused HRA dollars year-to-year up to a cap of two times the deductible for the selected single or dependent plan. At no time will an employee have access to HRA dollars in excess of the cap. 5) An employee eligible for retirement benefits through the Teachers Retirement Association at the time of separation from the District shall have one year to spend down any balance in the employee’s HRA account pursuant to the provisions of the plan.