Contributions for Retiree Medical Coverage Sample Clauses

Contributions for Retiree Medical Coverage. (i) The chart set forth in Section VIII.4.E.2.a.i of the 2012 MOU shall be replaced with the following chart: 2018 2019 2020 2021 2022 2023 Retiree Only $153 $165 $177 $189 $201 $213 Retiree + 1 $230 $250 $270 $285 $305 $320 Retiree + Family $306 $330 $354 $378 $402 $426 (ii) Section VIII.4.E.2.a.ii of the 2012 MOU shall be replaced with the following:
Sample 1
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Contributions for Retiree Medical Coverage. Replace Section VIII.5.F.1 of the 2016 MOU as follows:
Sample 1
Contributions for Retiree Medical Coverage. (i) Such Covered Retiree who enrolls in any medical option under the VMEP for the Post-1989 Retirees other than the MCN Option or the MEP PPO Option, such as an HMO option or the EPO Option (“Other Medical Option”), will pay a monthly contribution, on an after-tax basis, towards the cost of coverage for the medical coverage category elected by such Covered Retiree. These contributions will commence on January 1, 2013. The monthly contribution rate for such Other Medical Option may vary by option but will be no greater than the monthly contribution rate for the applicable Plan Year set forth below; provided that the monthly contribution rate for Medicare- eligible Covered Retirees will be no greater than 50% of such rates: 2013 2014 2015 Retiree Only $67.50 $75 $82.50 Retiree + 1 $105 $115 $125 Retiree + Family $135 $150 $165 (ii) Starting on January 1, 2013 and for each month thereafter, each such Covered Retiree who retires on or after January 1, 2013 and who enrolls in the MCN Option or the MEP PPO Option will pay a monthly contribution, on an after-tax basis, towards the cost of coverage for the medical coverage category elected by such Covered Retiree (“Retiree Monthly Contribution”), as specifically provided below. Each such Covered Retiree who retires prior to January 1, 2013 and who enrolls in the MCN Option or MEP PPO Option will not be required to pay a Retiree Monthly Contribution toward the cost of coverage.
Sample 1

Related to Contributions for Retiree Medical Coverage

  • Contribution Formula Dental Coverage a. Faculty Member Coverage. For faculty member dental coverage, the Employer contributes an amount equal to the lesser of ninety percent (90%) of the faculty member premium of the State Dental Plan, or the actual faculty member premium of the dental plan chosen by the faculty member. However, for calendar years beginning January 1, 2014, and January 1, 2015, the minimum employee contribution shall be five dollars ($5.00) per month.

  • Medical Coverage The Executive shall be entitled to such continuation of health care coverage as is required under, and in accordance with, applicable law or otherwise provided in accordance with the Company’s policies. The Executive shall be notified in writing of the Executive’s rights to continue such coverage after the termination of the Executive’s employment pursuant to this Section 3(d)(iv), provided that the Executive timely complies with the conditions to continue such coverage. The Executive understands and acknowledges that the Executive is responsible to make all payments required for any such continued health care coverage that the Executive may choose to receive.

  • Dental Coverage 206. Each employee covered by this agreement shall be eligible to participate in the City's dental program.

  • Pension Contributions While on Short Term Disability Contributions for OMERS Plan Members When an employee/plan member is on short-term sick leave and receiving less than 100% of regular salary, the Board will continue to deduct and remit OMERS contributions based on 100% of the employee/plan member’s regular pay.

  • 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.

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.

  • Same Sex Benefit Coverage An employee who co-habits with a person of the same sex, and who promotes such person as a "spouse" (partner), and who has done so for a period of not less than twelve (12) months, will be eligible to have the person covered as a spouse for purposes of Medical, Extended Health, and Dental benefits.

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