Deferred Retirement. A member with ten (10) or more years of credited service as of December 17, 2008, who ceases to be a member, except by death or retirement, before attaining the minimum service retirement age of fifty (50) shall be allowed to qualify for pre-65 retiree health care coverage provided he/she upon reaching age fifty (50) applies for retirement in accordance with Section 1.250 of the City of Grand Rapids Police and Fire Retirement System Ordinance and also applies for City pre-65 retiree health care coverage. A member with less than ten (10) years of credited service as of December 17, 2008, who ceases to be a member, except by death or retirement, before attaining the minimums service retirement age of fifty (50) shall not be eligible for City pre-65 retiree health care coverage upon application for retirement in accordance with Section 1.250 of the City of Grand Rapids Police and Fire Retirement System Ordinance. This paragraph shall also apply to all new hires on or after December 17, 2008.
Appears in 4 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
