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Section 2. Costs for the coverage of single and family <br />participants shall be paid according to the following schedule: <br />PERIOD <br />7/18/92 - 12/31/92 The employer shall pay the full cost. <br />1/1/93 - 6/30/93 <br />7/1/93 - 6/30/94 <br />7/1/94 - 6/30/95 <br />Section 3. <br />If the expected cost <br />for either individual <br />or family exceeds <br />$430/mo. <br />$450/mo. <br />$520/mo. <br />then all individual <br />and family employees <br />shall contribute <br />$27.07/mo . <br />$33.84/mo. <br />$40.61/mo. <br />If the average actual monthly cost of coverage <br />for the following periods is less than the respective Figure I <br />for that period, the employer shall refund to each contributing <br />employee the difference between the average actual cost and <br />Figure I for each month the employee contributed. If the average <br />actual cost falls between the respective Figures I and II for <br />that period, the enployer shall pay 75% of the additional cost <br />above Figure I and the employee shall pay 25% of the additional <br />cost. The employer shall pay 100% of the actual costs above the <br />amounts in Figure II. <br />Period Figure I Figure II <br />1/1/93 - 6/30/93 $470 (fanily) $600 <br /> $148 (single) $190 <br />7/1/93 - 6/30/94 $525 (family) $650 <br /> $170 (single) $211 <br />7/1/94 - 6/30/95 $580 (family) $750 <br /> $195 (single) $232 <br />New employees must have partic ipated in the plan for at Ieast <br />three months to be entitled to a refund. Refunds granted <br />33