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:
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Cost of the Retiree Medical Plan. Except as described in 11.4(b) and 11.4(c), the Company will share the cost of medical coverage for current eligible retired employees, employees on the active payroll, on layoff or on leave of absence on June 30, 2002 as follows:
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.
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.
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.

Related to Cost of the Retiree Medical Plan

  • Retiree Medical UTC shall, or shall cause a member of the UTC Group to, assume and retain, and no member of the Carrier Group or Otis Group shall assume or retain any Liabilities with respect to (i) the UTC subsidized retiree medical coverage with respect to each Employee and Former Employee who qualifies for coverage as of December 31, 2019, and (ii) access only retiree medical coverage with respect to Former Group Employees.

  • 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.

  • 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. For Calendar Years 2022 — 2023, the Employer shall contribute 80% of the premium charge for PPO plans, 85% of premium for the EPO plan, 85% of premium for the IHM plan, 80% for the prescription drug plan and 50% for the dental plan.

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