Union Contract Local 2, OPEIU - WMATA.com

ment may select one of two options: pre-tax treatment ofall premiums or pre-tax treatment of all premiums exceptlong-term disability premiums.(3) The Authority will pay $1,000 annual cash bonus commencingin the 1994-1995 contract year to each employeewho declines to participate in the Authority’s health insurance.(4) Health Benefit Premium Gainsharing CreditIf (a) the independently generated Customer SatisfactionSurvey Scores randomly produced for the Authoritymatch or exceed the goal of 87% for FY07 for respondentsrating the service provided by the Authority as satisfiedas opposed to neutral or dissatisfied, and (b) the Authorityas satisfied as opposed to neutral or dissatisfied, and(c) the Authority FY07 operating budget surplus exceeds$10,200,000, then the Authority will provide each full-timeemployee participating in a Local 2 Health Plan with acredit of the lesser of $500 or the required employee contributionfor 2008. The credit would be applied to the employeeshare of health benefit premiums for the 2008 planyear (with an equal portion of the credit applied to eachpayroll period for 2008). If the FY07 surplus is between$5,100,000 and $10,200,000, and the above-mentioned goalis met, the credit will be up to $250.ARTICLE XIX – PENSION(1) The Washington Metropolitan Area Transit AuthorityRetirement Plan effective October 1, 1967, as amended,and in effect as of the date of this Agreement, shall bemaintained in full force and effect by the Authority for theduration of this Agreement except as set forth below. ThePlan shall cover only full-time regular employees.46