Common use of Subsidy Amounts Clause in Contracts

Subsidy Amounts. Employees in the classification of Firefighter, Engineer, and Captain shall receive MPS in the amounts per pay period as set forth below: Employees in the classification of Fire Suppression Aide II and Fire Suppression Aide III shall receive a Medical Premium Subsidy (MPS) in the following amounts per pay period: Employee Only $ 99.70 $199.40 *Grandfathered Employee Only $117.33 $234.65 Employee + 1 $172.83 $345.66 Employee + 2 $243.10 $486.11 *Grandfathered Employee Only – Only those employees who prior to July 21, 2018 elected the Employee Only – Highest Cost HMO coverage and continue to elect the Employee Only – Highest Cost HMO coverage will continue to receive either $117.33 or $234.65 per pay period, as applicable. However, those employees who prior to July 21, 2018 elected the Employee Only – Highest Cost HMO coverage who subsequently elect another plan option shall no longer be eligible to receive the grandfathered amounts of either $117.33 or $234.65 per pay period, as applicable, and shall receive the applicable amount listed in the chart above. *Grandfathered Employee Only – Only those employees who prior to July 21, 2018 elected the Employee Only – Highest Cost HMO coverage and continue to elect the Employee Only – Highest Cost HMO coverage will continue to receive either $117.33 or $234.65 per pay period, as applicable. However, those employees who prior to July 21, 2018 elected the Employee Only – Highest Cost HMO coverage who subsequently elect another plan option shall no longer be eligible to receive the grandfathered amounts of either $117.33 or $234.65 per pay period, as applicable, and shall receive the applicable amount listed in the chart above.

Appears in 3 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding