Benefits for Early Retirees. The Hospital will provide to all employees who retire on or after August 29, 2003 and have not yet reached age 65 and who are in receipt of the Hospital’s pension plan benefits, semi-private, extended health care and dental benefits on the same basis as is provided to active employees, as long as the retiree pays the Employer the full amount of the monthly premiums in advance.
Benefits for Early Retirees. The Employer agrees to provide coverage to retirees for the benefits provided in Article 25, Major Medical Benefit Plan; Article 24, the Dental Plan; and Article 26, the Vision Care Plan of the Collective Agreement, subject to the following provisions:
Benefits for Early Retirees. (a) The Hospital will provide to all employees who are 55-56 years of age who retire (including disability retirements) and have not yet reached age sixty- five (65) and who are in receipt of the Hospital’s pension plan benefits, semi- private, extended health care (except for the Health Care Spending Account) and dental benefits on the same basis as is provided to active employees, as long as the retiree pays the Hospital the full amount of the monthly premiums in advance.
(b) The Hospital will provide to all full-time employees who reach age fifty- seven (57) and retire (including disability retirements) and have not yet reached age sixty-five (65) and who are in receipt of the Hospital’s pension plan benefits, semi-private, extended health care (except for the Health Care Spending Account) and dental benefits on the same basis as is provided to active employees as long as the retiree pays the Hospital their share of the monthly premiums in advance. The Hospital will contribute fifty percent (50%) of the billed premiums of these benefit plans.
Benefits for Early Retirees. The Employer will provide to all employees who retire and have not yet reached age 65 and who are in receipt of the Employer’s pension plan benefits, semi-private, extended health care, dental benefits and group life insurance cost-shared on the same basis as active employees.
Benefits for Early Retirees. Employees who qualify for an OMERS pension and who have twenty (20) years of service or more, shall have their Dental and Extended Health Care benefits paid between the time of retirement, which shall not be earlier than the age of fifty (50) years, until they attain the age of sixty-five (65) years.
Benefits for Early Retirees. 27.5.1 Members electing Early Retirement as set forth in Article 27.4 (Early Retirement) will be entitled to the benefits listed in 26.2 (Benefits for Retirees).
Benefits for Early Retirees. Effective December 21, 2017, the Employer will provide to all employees who retire (including disability retirements) and have not yet reached age 65, have twenty-five (25) years of continuous service, and are between the ages of 55 and 65, or meet the eligibility criteria of OMERS (e.g. the 90 factor) shall be eligible for the following coverage and the nurse will pay fifty percent (50%) of the premium cost:
i) Extended health care
ii) Life insurance Semi-private coverage will be available and the nurse will pay 100 percent (100%) of the premium cost. All benefits will cease when the retired nurse reaches age 65.
i) Effective July 1, 2019, the Employer agrees to provide coverage for mental health services by a Psychologist, Registered Psychotherapist or Social Worker (MSW) for a total of eight hundred dollars ($800.00) annually.
Benefits for Early Retirees. Benefit bridging shall be available to retired employees between the ages of fifty- five (55) and sixty-five (65). The premiums for these benefits are one hundred percent (100%) employee paid and coverage is limited to prescription drugs, vision care, extended health care and dental coverage.
Benefits for Early Retirees. (a) The Hospital will provide to all employees who are 55-56 years of age who retire (including disability retirements) on or after April 1, 2011 and have not yet reached age sixty-five (65) and who are in receipt of the Hospital’s pension plan benefits, semi-private, extended health care and dental benefits on the same basis as is provided to active employees, as long as the retiree pays the Employer the full amount of the monthly premiums in advance.
(b) The Hospital will provide to all full-time employees who reach age 57 and retire (including disability retirements) on or after April 1, 2011 and have not yet reached age 65 and who are in receipt of the Hospital’s pension plan benefits, semi-private, extended health care and dental benefits on the same basis as is provided to active employees as long as the retiree pays the Employer their share of the monthly premiums in advance. The Hospital will contribute fifty percent (50%) of the billed premiums of these benefit plans. The Hospital will contact employees age 57 to 65 who retired between April 1, 2011 and the effective date of the award at their last known address on record with the hospital, with a copy to the union, within 30 days of the date of the award to advise them of their entitlement to (b) above. Such Employees will have a period of 60 days from the date of the notice to claim such entitlement and, if they fail to make a claim within the 60 day period, their claim will be deemed abandoned.
Benefits for Early Retirees. Effective March 31, 2015, employees who retire early and have not yet reached age 65 and who are in receipt of the Hospital’s Pension Plan will be provided benefits on the same basis as is provided to active employees for semi-private, extended health care and dental benefits as follows:
a. For employees who retire at age sixty (60) the employee will pay the full amount of the monthly premiums in advance; and
b. For employees who retire at age sixty-three (63) the employee will pay fifty percent (50%) of the full amount of monthly premiums in advance.
