BURBANK EMPLOYEE RETIREE MEDICAL Sample Clauses

BURBANK EMPLOYEE RETIREE MEDICAL. TRUST (BERMT) The City provided $20,000.00 to set up a Retiree Medical Trust Coalition in 2003. In addition, the City deposited the sum of $2.4 million for three years worth of monthly payments for the prospective retirees. The employer rates were established as $50.00 per month effective April 1, 2003, $60.00 per month effective April 1, 2004, and $65.00 per month effective April 1, 2005. Upon implementation, employees contributed $20 per pay period to the trust. Effective April 1, 2006 the City and each eligible employee will both contribute $26.25 per pay period to the BERMT. Effective December 16, 2007 the City and each eligible employee will both contribute $30.00 per pay period to the BERMT. Effective September 7, 2008 the City and each eligible employee will both contribute $40.00 per pay period to the BERMT. Effective August 1, 2010 the City and each eligible employee will both contribute $50.00 per pay period to the BERMT.
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BURBANK EMPLOYEE RETIREE MEDICAL. TRUST (BERMT) The City provided $20,000.00 to set up a Retiree Medical Trust Coalition in 2003. In addition, the City deposited the sum of $2.4 million for three years worth of monthly payments for the prospective retirees. The employer rates were established as $50.00 per month effective April 1, 2003, $60.00 per month effective April 1, 2004, and $65.00 per month effective April 1, 2005. Upon implementation, employees contributed $20 per pay period to the trust. Effective April 1, 2006 the City and each eligible employee will both contribute $26.25 per pay period to the BERMT. Effective April 1, 2007 the City and each eligible employee will both contribute $32.50 per pay period to the BERMT.

Related to BURBANK EMPLOYEE RETIREE MEDICAL

  • Retiree Medical Employee shall be eligible for lifetime medical coverage, upon retirement, subject to the monthly payment limit of the Kaiser Plan premium amount for an employee and spouse. Eligibility for lifetime medical is subject to the Employee completing five (5) years of continuous service at the level of Department Head or above and retiring from the City of Fontana as an annuitant of the Public employees Retirement System (PERS). Employee shall cease to be eligible for lifetime medical coverage paid by the City if the Employee reinstates as an active member of PERS or otherwise fails to meet the PERS definition of an annuitant.

  • Retiree Medical Benefits If Executive is or would become fifty-five (55) or older and Executive's age and service equal sixty-five (65) and Executive has at least five (5) years of service with the Company within two (2) years of Change in Control, Executive is eligible for retiree medical benefits (as such are determined immediately prior to Change in Control). Executive is eligible to commence receiving such retiree medical benefits based on the terms and conditions of the applicable plans in effect immediately prior to the Change in Control.

  • 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.

  • Pre-Retirement Leave An employee scheduled to retire and to receive a superannuation allowance under the applicable Superannuation Act(s), or who has reached the mandatory retiring age, shall be entitled to:

  • Shift Employees Employees who work rotating shift patterns or those who work qualifying shifts shall be entitled, on completion of 12 months employment on shift work, to up to an additional 5 days annual leave, based on the number of qualifying shifts worked. The entitlement will be calculated on the annual leave anniversary date. Qualifying shifts are defined as a shift which involves at least 2 hours work performed outside the hours of 8.00am to 5.00pm, excluding overtime. Number of qualifying shifts per annum Number of days additional leave per annum 121 or more 5 days 96 – 120 4 days 71 – 95 3 days 46 – 70 2 days 21 – 45 1 day

  • Hourly Employees A new hourly employee shall be on probation for the first year of continuous employment. The employer shall have the right to extend the probationary period by one (1) year if the employee receives a less than satisfactory evaluation. During such probationary period, the employee may be disciplined, suspended or discharged by the Employer for reasons satisfactory to the Employer. Paid leave time shall serve as part of continuous employment.

  • Employee Resignation (a) Unless otherwise agreed by the Employer and an Employee, an Employee other than a probationary Employee may resign at any time by giving a minimum of four weeks' written notice to the Employer.

  • Long-Term Disability (Employee Paid Plans)

  • EMPLOYEE RELATIONS Neither the Company nor any of its subsidiaries is involved in any labor dispute nor, to the knowledge of the Company or any of its subsidiaries, is any such dispute threatened. None of the Company's or its subsidiaries' employees is a member of a union and the Company and its subsidiaries believe that their relations with their employees are good.

  • Project Employment 1. The Employer may appoint employees into project positions for which employment is contingent upon state, federal, local, grant, or other special funding of specific and of time-limited duration. The Employer will notify the employees, in writing, of the expected ending date of the project employment.

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