Who pays for coverage for the different Plans?
The employer is responsible for paying the entire cost of the Concordia Retirement Plan (CRP) and Concordia Disability & Survivor Plan (CDSP) and at least 50% of the cost of the worker’s coverage for the Concordia Health Plan (CHP). The worker is expected to pay the cost for dependent health coverage, unless the employer establishes a policy to pay for all or part of the cost for dependent coverage. The employer must be consistent and non-discriminatory for all workers when creating such a policy. If the worker shares the CHP and AIP cost, the employer is to collect those monies through payroll deduction.
Related Questions
- Can an employer have two different types of coverage so all employees have access to all plans but a certain (large) group of employees have higher employer contribution?
- How is this coverage different from what the competition offers, and what are the advantages of AT&T ConnecTech Protection Plans?
- Who pays for coverage for the different Plans?
