5.2. ERMUSR 09-13-2011 - Laserfiche WebLink

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Health Care Savings account. The conversion will take place once a year at the end of December. 3. Employees-it}~rjrr . ~ ::~ .. .. .... ........ ,.,..,~. , .~-.,,~;~ ~cliu ~uluntui~ rii~l ihui ~illpluyment curl ~~hu gt~~ the IJhlutc~x~~r ~retluall~ a1 lcu~l t~~~~-~~eek,i nuhec, and en~luyec, whine cuipl~~~nent cud; w~ulnntartly bccau,c ul lark ul work, will have 50% of unused sick leave, up to a maximum of 100 days, converted into cash and deposited into their Post Employment Health Care Savings account pion id~d ~hc~~i__aud ~u out sexual ui _,~reuueut relea,u$ clauu, .amine out of Iheq ~u~o~tnuit~m n fuiiit~ie,cuhcd b~ the Uuhue,. Em Iu ee, ut~ultu~tardy ternunated_bk the l ~iliuc, hn' gny i~a,uu uthci thou lack of tiu~k ,hall nut. hr cligible_ to ic~ci~~,u~h~umeniun. 3(.3ti, 457 DEFERRED COMPENSATION The Utilities will match funds contributed by employees, up to 3% of their base salazy annually, with a maximum contribution of $2,000.00. These plans are administered by the Minnesota State Deferred Compensation Plan and/or Wenzel & Associates' ING Plan. The Utilities' contribution will be made May 31st of each plan year for the employee. If an employee departs prior to May 31st, she/he will receive a prorated contribution for that yeaz. For a complete plan description consult the summazy plan description distributed to each employee or available upon request. :7.39. HEALTH INSURANCE COVERAGE Eligible employees who regularly work at least 30 hours per week, and enroll in the health insurance plan provided by the Utilities, the Utilities will pay eighty percent (80%) of the monthly premium per employee/family for health insurance. Any monthly premium over and above 80% of the health coverage is the responsibility of the employee. Employees should consult the Summary Plan Description for details regarding coverage and eligibility. A copy of this description will be provided to employees and is available upon request. 3tl:Jtl. DENTAL INSURANCE Eligible employees who regularly work at least 30 hours per week and who enroll in the Utilities' dental insurance plan, the Utilities will pay seventy-five percent (75%) of the monthly premium per employee/family for dental insurance. Any monthly premium over and above 75% of the dental coverage is the responsibility of the employee. Employees should consult the Summary Plan Description for details regarding coverage and 30