Cost of the Retiree Medical Plan Sample Clauses

Cost of the Retiree Medical Plan. The Company will share the cost of medical coverage for current and future eligible retired employees, as follows:
Sample 1Sample 2Sample 3See All (17)
AutoNDA by SimpleDocs
Cost of the Retiree Medical Plan. Company contributions will be made only for an eligible retired employee who retires during the term of this Agreement, provided the retiree meets the eligibility requirements of the Retiree Medical Plan and is retired from or is deferring receipt of benefit payments from The Boeing Company Employee Retirement Plan, and either authorizes deduction of the balance of plan rates from his or her retirement check or agrees to make timely self-payments for such coverage. Such Company contribution will continue for an eligible retiree or eligible spouse reduced by retiree’s contributions required under 5.4(a) and 5.4(b) and the spouse contribution in 5.4(c), if any, until such eligible person attains 65 years of age or is earlier eligible for Medicare or until this Agreement expires, if earlier, and for a dependent child, until such dependent child is no longer an eligible dependent or earlier qualifies for Medicare, or until this Agreement expires, if earlier.
Sample 1Sample 2Sample 3See All (6)
Cost of the Retiree Medical Plan. 15 Except as described in 11.4(b) and 11.4(c), the Company will share the cost 16 of medical coverage for current eligible retired employees, employees on 17 the active payroll, on layoff or on leave of absence on June 30, 2002 as 18 follows:
Sample 1
Cost of the Retiree Medical Plan. Company contributions will be made 16 only for an eligible retired employee who retires during the term of this Agreement, 17 provided the retiree meets the eligibility requirements of the Retiree Medical Plan and 18 is retired from or is deferring receipt of benefit payments from The Boeing Company 19 Employee Retirement Plan, and either authorizes deduction of the balance of plan 20 rates from his or her retirement check or agrees to make timely self-payments for such 21 coverage. Such Company contribution will continue for an eligible retiree or eligible 22 spouse or same-gender domestic partner reduced by retiree’s contributions required 23 under 5.4(a) and 5.4(b) and the spouse or same-gender domestic partner contribution 24 in 5.4(c), if any, until such eligible person attains 65 years of age or is earlier eligible for 25 Medicare or until this Agreement expires, if earlier, and for a dependent child, until such 27 until this Agreement expires, if earlier.
Sample 1
Cost of the Retiree Medical Plan. Company contributions will be made 5 only for an eligible retired employee who retires during the term of this Agreement, 6 provided the retiree meets the eligibility requirements of the Retiree Medical Plan and 7 is retired from or is deferring receipt of benefit payments from The Boeing Company 8 Employee Retirement Plan, and either authorizes deduction of the balance of plan 9 rates from his or her retirement check or agrees to make timely self-payments for such 10 coverage. Such Company contribution will continue for an eligible retiree or eligible 11 spouse reduced by retiree’s contributions required under 5.4(a) and 5.4(b) and the 12 spouse contribution in 5.4(c), if any, until such eligible person attains 65 years of age 13 or is earlier eligible for Medicare or until this Agreement expires, if earlier, and for a 15 earlier qualifies for Medicare, or until this Agreement expires, if earlier.
Sample 1

Related to Cost of the Retiree Medical Plan

  • 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.

  • Oregon Public Service Retirement Plan Pension Program Members For purposes of this Section 2, “employee” means an employee who is employed by the State on or after August 29, 2003 and who is not eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • Special Parental Allowance for Totally Disabled Employees (a) An employee who:

  • Medical Plan ‌ Eligible employees and dependants shall be covered by the British Columbia Medical Services Plan or carrier approved by the British Columbia Medical Services Commission. The Employer shall pay one hundred percent (100%) of the premium. An eligible employee who wishes to have coverage for other than dependants may do so provided the Medical Plan is agreeable and the extra premium is paid by the employee through payroll deduction. Membership shall be a condition of employment for eligible employees who shall be enrolled for coverage following the completion of three (3) months’ employment or upon the initial date of employment for those employees with portable service as outlined in Article 14.12.

  • Retiree Medical Coverage ‌ An eligible retiree and eligible dependent(s) (as defined below), may be enrolled in a County offered medical plan as described in section 10.2 but is allowed only to enroll either as a subscriber in a County offered medical plan or, as the dependent spouse/domestic partner of another eligible County employee/retiree, but not both. If an employee/retiree is also eligible to cover their dependent child/children, each child will be allowed to enroll as a dependent on only one employee or retirees’ plan (i.e., a retiree and his or her dependents cannot be covered by more than one County offered plan). An eligible dependent is (as defined in each plan document/summary plan description):  Xxxxxx the retiree’s spouse or domestic partner; or  A child, based on your plan’s age limits, or a disabled dependent child regardless of age.

  • State Employee Group Insurance Program (SEGIP) During the life of this Agreement, the Employer agrees to offer a Group Insurance Program that includes health, dental, life, and disability coverages equivalent to existing coverages, subject to the provisions of this Article. All insurance eligible employees will be provided with a Summary Plan Description (SPD) called “Your Employee Benefits”. Such SPD shall be provided no less than biennially and prior to the beginning of the insurance year. New insurance eligible employees shall receive a SPD within thirty (30) days of their date of eligibility.

  • RETIREE HEALTH SAVINGS PLAN Effective, December 24, 2006, or as soon as administratively possible, the County shall establish a retiree health savings plan (RHSP) by contributing an amount of $25.00 to the employee’s RHSP each biweekly pay period.

  • 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.

  • Medical/Dental Expense Account The Employer agrees to allow insurance eligible employees to participate in a medical and dental expense reimbursement program to cover co- payments, deductibles and other medical and dental expenses or expenses for services not covered by health or dental insurance on a pre-tax basis as permitted by law or regulation, up to the maximum amount of salary reduction contributions allowed per calendar year under Section 125 of the Internal Revenue Code or other applicable federal law.

  • Medical Plans The Employer will maintain the current health (including vision) and dental insurance programs and practices. The Employer shall contribute 80% of the premium charge for PPO plans, 83% of premium for the POS plan, 85% of premium for the HMO plan, 80% for the prescription drug plan and 50% for the dental plan. There shall be no change in the State’s premium subsidy for health benefits plans in Fiscal Year 2012.

Time is Money Join Law Insider Premium to draft better contracts faster.