Active Employees at Retirement Sample Clauses

Active Employees at Retirement. The Township of Xxxxxxxx shall provide to all employees and their spouse and eligible dependents, medical and prescription benefits as set forth in Section 1, for any employee who retires as a member in the P.F.R.S.N.J. or P.E.R.S at no cost to the retiree. In the event the retiree should predecease his or her spouse, the surviving spouse shall continue coverage provided that the Township of Xxxxxxxx covered the surviving spouse at the time of the retiree’s death. Surviving spouses of retirees that remarry will not be entitled to the medical and prescription, dental or optical benefits. Retirees who turn 65 years old must enroll in both Medicare Part A (hospital insurance) and Medicare Part B (medical insurance) of Medicare. Medicare will be the primary payer of claims and the Township of Xxxxxxxx coverage will become secondary after the retiree and his or her spouse become Medicare eligible (currently sixty-five (65) years of age) and enrolled in Medicare. Medicare Part B shall be reimbursed by the Township to retiree and spouse, if applicable, payable within 90 days of submission of request for reimbursement.
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Related to Active Employees at Retirement

  • Post-Retirement Employment Unit members who retire from the University during the term of this Agreement may propose a post-retirement appointment of up to three years duration. During this post-retirement appointment, the total of retirement benefits and post-retirement salary paid by the University shall not exceed the salary paid at the time of retirement. The annual compensation received from the University for the post-retirement appointment shall not exceed fifty (50) percent of the annual salary at the time of retirement. The duties for a post-retirement appointment shall be defined and agreed to in writing by the bargaining unit member and the Employer/University Administration prior to the bargaining unit member's retirement. Such appointments are at the discretion of the Employer/University Administration and are subject to existing law and all rules and regulations of the State Retirement Board. The decision of the Employer/University Administration not to approve a proposal for a post-retirement appointment shall not be grievable under the Grievance and Arbitration Procedure, Article 7.

  • Re-employment After Retirement Employees who have reached retirement age as prescribed under the Pension (Municipal) Act and continue in the Employer's service, or are re-engaged within three (3) calendar months of retirement, shall continue at their former increment step in the pay rate structure of the classification in which they are employed, and the employee's previous anniversary date shall be maintained. All perquisites earned up to the date of retirement shall be continued or reinstated.

  • Public Employees Retirement System “PERS”) Members. For purposes of this Section 1, “employee” means an employee who is employed by the State on August 28, 2003 and who is eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • Eligible Employees Regular and probationary, full time and less than full-time employees (on a pro rata basis) are eligible to participate in this program. Sec. 903 COURSES ELIGIBLE: The following criteria will be used in determining eligibility for reimbursement:

  • Severance and Retirement Options (a) (i) Where an employee resigns within 30 days after receiving notice of layoff pursuant to article 14.02 (a)(ii) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks' salary for each year of continuous service to a maximum of sixteen (16) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars.

  • Active Employees Active Employees who have not terminated service during the Plan Year and who meet the following requirements (select all that apply; leave blank if no exclusions):

  • Alternative Employment An employer, in a particular redundancy case, may make application to the Commission to have the general severance pay prescription varied if the employer obtains acceptable alternative employment for an employee.

  • Overtime-Eligible Employees Employees who are covered by the overtime provisions of state and federal law.

  • Long-Term Disability (Employee Paid Plans)

  • Disabled Employees If an employee becomes disabled with the result that he is unable to carry out the regular functions of his position, the Hospital may establish a special classification and salary with the hope of providing an opportunity of continued employment.

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