This is an example of an Employee Benefits Covenant for a Joint Venture that leases employees from the parent entities to the joint venture.
Kentucky Employee Benefits Covenant
Category:
State:
Multi-State
Control #:
US-P2104-5AM
Format:
Word;
PDF;
Rich Text
Instant download
Description
Free preview
How to fill out Employee Benefits Covenant?
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FAQ
The Governor's budget includes additional $13 million in fiscal year 2023 and $29 million in fiscal year 2024 from the General Fund for a ten percent increase in employer contributions that will prevent any premium increases for state employees.
KEHP Information The Kentucky Employees' Health Plan (KEHP) is a self-funded plan that offers health insurance and flexible spending accounts to nearly 294,000 members. KEHP is run by public employees, for public employees, so members have a direct stake in the financial well-being of the Plan.
Do I have to offer health insurance in Kentucky? No. However, the federal government requires organizations with 50 or more full-time equivalent employees to provide health insurance that meets minimum essential coverage (MEC).
LivingWell Promise Incentive Earn up to $480 a year ($40 a month) in premium discounts in 2024 by completing the health assessment or biometric screening by the deadline.
State Holidays Monday, January 16 - Martin Luther King, Jr.' s Birthday. One-half day, Friday, April 7 - Good Friday. Monday, May 29 - Memorial Day. Tuesday, July 4 - Independence Day. Monday, September 4 - Labor Day. Friday, November 10 - Veterans Day.
Juneteenth is not a state holiday in Kentucky, so state employees do not receive a paid day off.
Usually, the probationary period lasts six months, but may be as long as twelve months depending on the classification.
State Payroll Schedule State government has a semi-monthly pay schedule, which means employees are paid twice per month. As an employee of the state, you will receive your pay on the 15th and the 30th of each month unless the payday falls on a weekend or holiday.
