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1 Y2 floating holidays with prior approval from their supervisor. Floating holidays do not carry over to the next year and therefore, must be used by December 31. Sec. 21-55. Group Insurance Plan. Group health and life insurance plans may be provided for eligible City employees and their dependents in accordance with the provisions of this Section. (1) The total monthly premium for participating employees shall be paid in accordance with the provisions ofthe pay plan resolution. (2) The date of eligibility for group health and life insurance shall coincide with the coverage provided by the City. (3) An employee may elect to continue group health and life insurance coverage while on leave of absence without pay. The entire cost of the continued insurance shall be paid by the employee in advance of the date that payment is due to the insurance carrier. (4) An employee may continue any individual or dependent health insurance coverage for a time set by Minnesota Statutes. The terminating employee shall pay the entire cost of the insurance continuation. Sec. 21-56. Accrual of Leave Benefits. (1) For the purpose of accumulating vacation or sick leave, an employee shall be considered to be working when: using earned vacation leave or sick leave, using injured-on-duty benefits, on jury duty, on holiday leave, or on military leave in accordance with Minnesota Statutes, Section 192.26. (2) An employee who is absent without leave, laid off, under suspension, or on a leave of absence without pay shall not be considered to be working for the purpose of accumulating vacation or sick leave. (3) A regular employee working less than the standard forty hours per week shall accrue vacation, holidays, group insurance, and sick leave in direct proportion to the actual hours worked. (4) A regular patHime employee shall accrue vacation, holidays, and sick leave at one-half the rate of a regular employee. The maximum accruals and termination benefits for a regular part- time employee shall also be at one-half the rate of a regular employee. Sees. 21-57--21-63. Reserved.