Coverage for Retirees Sample Clauses

Coverage for Retirees. When a hourly paid employee retires, the following coverage will be continued:
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Coverage for Retirees. See APPENDIX E – MEMORANDUM OF AGREEMENT FOR HEALTH INSURANCE Section 3 - Dental Benefits See APPENDIX E – MEMORANDUM OF AGREEMENT FOR DENTAL INSURANCE ARTICLE 14 RETIREMENT PLAN 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. 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.
Coverage for Retirees. F. 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. When a hourly paid employee retires, the following coverage will be continued: Time of Retirement Employees retiring on or Life after February 1, 1984 $5,000 Employees retiring on or after February 1, 1983 but prior to February 1, 1984 $4,500 Employees retiring on or after March 24, 1982 but prior to February 1, 1983 $4,000 Employees retiring on or after May 1, 1976 but prior to March 24, 1982 $3,500 Insurance
Coverage for Retirees. Retired certificated employees not yet eligible for Medicare as of the date of retirement and their dependents are eligible to continue health coverage following the date of retirement if both of the following conditions are met:
Coverage for Retirees a) The District shall provide post-retirement medical insurance to employees retiring with a District contribution of 65% of the cost of the health plan selected. For those employees who retire with twenty (20) or more years of service, the District contribution shall be 70%.
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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.
Coverage for Retirees. See APPENDIX E – MEMORANDUM OF AGREEMENT FOR HEALTH INSURANCE

Related to Coverage for Retirees

  • Benefits for Retirees The Employer will continue payment of Extended Health, Semi-Private Health Care Coverage or equivalent for any employee from the date of early retirement to the age of sixty-five (65). However, the Employer will not continue payment of the Dental Plan or any other benefit plan, and employees will not be entitled to subscribe to same under any conditions.

  • Medical Insurance for Retirees The University will make available a medical insurance plan for official retirees hired prior to January 1, 2014 in the same manner and on the same basis as applies to all the University’s other official retirees. An official retiree (including early retirees) for purposes of this benefit, will be defined as any regular employee who is employed by the University at the time of retirement, who is vested in a University sponsored retirement plan and whose years of University service and age total a minimum of 75. Coverage for the spouse of the retiree or early retiree is available on the same basis as for other University official retirees. The University retains the right to modify or terminate this plan upon reasonable notice to staff and retirees.

  • Disability Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

  • Canceling Employee Coverage A part-time employee may also cancel employee coverage within sixty (60) days of when one of the life events set forth above occurs.

  • Life Insurance Upon Retirement 34.1 An employee who retires from the service of the Corporation subsequent to August 1, 2001, will, provided he is 55 years of age or over and has not less than 10 years' cumulative compensated service, be entitled to the sum of $8,000.00, payable to his estate upon his death.

  • Probation for Newly Hired Employees (a) The Employer may reject a probationary employee for just cause. A rejection during probation shall not be considered a dismissal for the purpose of Article 11.2

  • 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.

  • Benefits for Early Retirees The Hospital will provide to all employees who retire and have not yet reached age sixty-five (65) and who are in receipt of the Hospital’s pension plan benefits, semi-private, extended health care and dental benefits on the same basis as is provided to active employees, as long as the retiree pays the Employer the full amount of the monthly premiums in advance.

  • Non-Vested Retirement Gratuity for Teachers 1. The minimum years of service for retirement gratuity shall be defined as the lesser of the contractual minimal service requirement in the 2008-2012 collective agreement, or ten (10) years.

  • EMPLOYMENT OF RETIRED TEACHERS A. For purposes of salary schedule placement, a retired Teacher will be granted a maximum of ten (10) years’ service credit and their educational attainment. A retired Teacher may not advance beyond Level 10 on the salary schedule.

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