Coverage for Retirees. A. The City will provide hospitalization and medical insurance to qualified employees who retire under the New York State Police and Fire Retirement System. In order to qualify for the benefits, set forth in this Section, employees must meet both of the following conditions:
1. The employee must retire directly into and/or under the New York State Police and Fire Retirement System from active, full-time employment with the City and receive a pension therefrom, and
2. The employee must have served a minimum of twenty (20) years of active full-time employment with the City immediately preceding retirement into and/or under the New York State Police and Fire Retirement System. For police officers who transferred to the City from another jurisdiction and for deputy sheriffs who were hired directly from a Sheriff's Department, prior service as a police officer or deputy sheriff shall be included in this 20-year service requirement. For police officers who are veterans, up to three (3) years of military service shall be credited toward satisfying the minimum twenty (20) year City employment requirement under this section provided the officer furnishes the City with documentation showing that the officer has bought this additional military service credit time from the NYS Policemen’s and Firemen’s Retirement System. This additional military service credit is only applicable toward achieving the minimum twenty (20) year employment requirement; it shall not be credited for any other purpose. The required minimum period of time set forth in this paragraph will be waived in the event the employee is granted and receives a New York State Police and Fire Retirement System disability retirement.
B. Qualified employees, as defined in subdivision A of this Section, who retire during the term of this agreement may elect to enroll in the Core or Enhanced Plan, as may be amended by the Labor/Management Health Care Committee. The City will contribute 90% (ninety percent) of the cost of the Core Plan premium regardless of whether the employee elects to enroll in the Core or Enhanced Plan. The exception is as follows: for an employee who retires on or after September 1, 2024 with 25 or more years of service, the City shall pay 100% (one hundred percent) of the Core Plan premium regardless of the plan and coverage selected.
1. When eligible for Medicare coverage, the retiree shall be covered by the City's Medicare Supplemental Plan or Advantage Plan. It is expressly understood t...
Coverage for Retirees. When a hourly paid employee retires, the following coverage will be continued:
Coverage for Retirees. Retired certificated employees under age 65 (and their dependents) are provided with health coverage in accordance with Indiana law. If both of the following conditions are met:
1. The Retiree is a participant in the health plan as of the date of the retirement.
2. The employee is eligible to retire under Indiana's PRF or TRF. Coverage for a retired certificated employee will terminate upon the first instance of any of the following conditions:
1. The date the certificated employee becomes eligible for Medicare.
2. The date on which a required contribution is not made.
3. The date on which SSSMC no longer offers a plan.
4. The date coverage would otherwise cease under the termination provisions of the plan.
5. The date termination is requested by the certificated employee.
6. The death of the retired certificated employee.
Coverage for Retirees. 1. Those unit members fifty-five years of age or older who qualify under the State Teachers’ Retirement System may, upon direct retirement from the Merced Union High School District, elect to remain in the group comprising active employees for the purpose of insurance for basic and major medical protection.
2. Eligibility for inclusion in the group shall be subject to the permission of the company providing said insurance.
3. Retirees must have been employed by the MUHSD for not less than eight (8) years and shall have fulfilled a “contract” for at least three (3) teaching or assignment periods a day for the entire work year occurring immediately prior to retirement in order to be eligible to elect the aforementioned coverage.
4. Medical and prescription insurance (for retirees) shall be paid by the District until the retiree reaches age 65 or qualifies for Medicare. For those who retire between July 1, 2003 and June 30, 2007 dependents will be covered until the retiree is no longer eligible for benefits. For those who retire after July 1, 2007 medical and prescription insurance, for retiree only, will be paid by the district, up to the active CAP. Retirees shall receive the “standard” plan and may pay the difference between the cost of the “standard” plan and the “premium” plan. However, in no case shall the premium paid by the District exceed the CAP.
5. Upon the retiree’s sixty-fifth (65th) birthday, the premiums for said retiree and his/her dependents may be paid monthly, with the first and last month’s premiums paid in advance. The due date for the first month’s premiums shall be the first of the next succeeding month following the retiree’s sixty-fifth (65th) birthday and shall continue as the anniversary date for each succeeding year’s premiums.
6. Under any health care coverage plan for the retiree the District will pay premiums for a maximum of ten (10) years.
7. For members hired after July 1, 2004 the District will pay premiums for a maximum of five
Coverage for Retirees. 28 29 The District shall provide post-retirement medical insurance to employees 30 retiring with a District contribution of 65% of the cost of the health plan selected.
Coverage for Retirees. 499 The Bargaining Unit agrees to provide a medical coverage program for retirees and their 500 dependents as determined by the bargaining unit and that the City has no obligation to 501 continue to provide access to any insurance program after September 30, 2017.
Coverage for Retirees. See APPENDIX E – MEMORANDUM OF AGREEMENT FOR HEALTH INSURANCE See APPENDIX E – MEMORANDUM OF AGREEMENT FOR DENTAL INSURANCE Employees shall be covered by the New York State Employees' Retirement System. In addition, the City will make available on a voluntary basis a deferred compensation plan. Such deferred compensation plan will be designed and administered by the City, which reserves the right to make changes in such plan upon prior notice to the Union. A deferred compensation plan will be offered as soon as administratively possible after the execution of this Agreement.
Coverage for Retirees. Teachers who are at least 55 years of age, who have been employed 10 years in the Mojave Unified School District, who have reached the top step of the salary schedule, and who elect to retire early from employment with the District, shall be eligible for the following insurance provisions until they attain 65 years of age or until they become eligible for other health benefits (e.g., Medicare, Medi‐Cal, Retired Military Medical Benefits, or National Health Insurance, if enacted), whichever occurs first: Full paid medical/hospitalization insurance for the retiree and eligible dependents as prescribed by the carrier. Full paid dental insurance for the retiree and eligible dependents as prescribed by the carrier. Full paid vision insurance for the retiree and eligible dependents as prescribed by the carrier.
Coverage for Retirees. The District contribution for health insurance for retirees and surviving spouses shall be the same as for active employees as adjusted and set forth in Article IV. However, based on a change in insurance carrier and related benefit plans being implemented by ACWA/JPIA, the parties agree to a reopener once the benefit plan rates have been published to discuss the District’s contributions for health insurance for retirees. Any current, or, future retiree, who elects post-retirement health coverage and becomes eligible for Medicare benefits shall designate Medicare as his/her primary insurance coverage (District’s coverage will be secondary/supplemental) provided, however, retiree and survivor medical coverage in sections 12.2.1 and 12.2.2 of the Personnel Manual for employees hired on or after July 1, 2009, will terminate upon eligibility for Medicare.