Common use of Defined Benefit Retiree Medical Program Clause in Contracts

Defined Benefit Retiree Medical Program. VTA shall provide a premium allowance toward the cost of the medical plan for employees who: (1) Have completed five (5) years of service (1305 days of accrued service) or more with PERS (to include former Santa Xxxxx County employees hired directly by VTA with unbroken service on or before December 31, 1996); and (2) Retire directly from VTA (date of retirement must be within 120 days of separation of employment). All retirees eligible for the defined benefit retiree medical program shall pay according to the following: • For retirees and survivors in California: VTA will contribute up to the Kaiser Bay Area Single Party Rate for CalPERS medical plans for retirees and eligible survivors residing in California. Retirees and eligible survivors will pay the excess above the Kaiser Bay Area Single Party Rate. • For retirees and survivors living outside of California: VTA will contribute up to the Kaiser Out of State Single Party Rate for CalPERS medical plans for retirees and eligible survivors residing outside of California. Retirees and eligible survivors will pay the excess above the Kaiser Out of State Single Party Rate. Retirees eligible for the defined benefit retiree medical program may purchase coverage for their eligible dependents at their own cost. Dependents must be enrolled in the plan that covers the retiree. Upon becoming eligible, due to age or disability, retirees eligible for the defined benefit retiree medical program and their Medicare eligible dependents shall be required to enroll in Medicare in order to maintain medical coverage. Failure by the retiree or his/her dependent(s) to enroll in the Medicare supplement plan shall result in the retiree and his/her dependents being dropped from coverage. Retirees shall be reimbursed for the cost of their own Medicare Part B premium, excluding penalties/late enrollment fees. VTA shall not reimburse Medicare Part D premiums, and shall continue to cover Part D Premiums for prescription drug coverage through the Medicare Supplement Plans.

Defined Benefit Retiree Medical Program. a) VTA shall provide a premium allowance toward the cost of the medical plan for employees who: (who become eligible by having 1) Have completed five (5) 5 years of service (1305 1,305 days of accrued service) or more with PERS (to include former Santa Xxxxx County employees hired directly by VTA with unbroken service on or before December 31, 1996); and (who 2) Retire retire directly from VTA (date of retirement must be within 120 days of separation of employment). . b) All retirees eligible for the defined benefit retiree medical program shall pay according to the following: • For retirees and survivors in California: VTA will contribute up to the Kaiser Bay Area Region 1 Single Party Rate for CalPERS medical plans for retirees and eligible survivors residing in California. Retirees and eligible survivors will pay the excess above the Kaiser Bay Area Region 1 Single Party Rate. • For retirees and survivors living outside of California: VTA will contribute up to the Kaiser Out of State Single Party Rate for CalPERS medical plans for retirees and eligible survivors residing outside of California. Retirees and eligible survivors will pay the excess above the Kaiser Out of State Single Party Rate. . c) Retirees eligible for the defined benefit retiree medical program may purchase coverage for their eligible dependents at their own cost. Dependents must be enrolled in the plan that covers the retiree. . d) Upon becoming eligible, due to age or disability, retirees eligible for the defined benefit retiree medical program and their Medicare eligible dependents shall be required to enroll in Medicare in order to maintain medical coverage. Failure by the retiree Retirees or his/her dependent(s) dependents who fail to enroll in Medicare and the Medicare supplement plan shall result in the retiree and his/her dependents being be dropped from coverage. Retirees shall be reimbursed for the cost of their own Medicare Part B premium, excluding penalties/late enrollment fees. VTA shall not reimburse Medicare Part D premiums, and shall continue to cover Part D Premiums for prescription drug coverage through the Medicare Supplement Plans.

Defined Benefit Retiree Medical Program. a) VTA shall provide a premium allowance toward the cost of the medical plan for employees who: (who become eligible by having 1) Have completed five (5) 5 years of service (1305 1,305 days of accrued service) or more with PERS (to include former Santa Xxxxx County employees hired directly by VTA with unbroken service on or before December 31, 1996); and (who 2) Retire retire directly from VTA (date of retirement must be within 120 days of separation of employment). . b) All retirees eligible for the defined benefit retiree medical program shall pay according to the following: • For retirees and survivors in California: VTA will contribute up to the Kaiser Bay Area Single Party Rate for CalPERS medical plans for retirees and eligible survivors residing in California. Retirees and eligible survivors will pay the excess above the Kaiser Bay Area Single Party Rate. • For retirees and survivors living outside of California: VTA will contribute up to the Kaiser Out of State Single Party Rate for CalPERS medical plans for retirees and eligible survivors residing outside of California. Retirees and eligible survivors will pay the excess above the Kaiser Out of State Single Party Rate. . c) Retirees eligible for the defined benefit retiree medical program may purchase coverage for their eligible dependents at their own cost. Dependents must be enrolled in the plan that covers the retiree. . d) Upon becoming eligible, due to age or disability, retirees eligible for the defined benefit retiree medical program and their Medicare eligible dependents shall be required to enroll in Medicare in order to maintain medical coverage. Failure by the retiree Retirees or his/her dependent(s) dependents who fail to enroll in Medicare and the Medicare supplement plan shall result in the retiree and his/her dependents being be dropped from coverage. Retirees shall be reimbursed for the cost of their own Medicare Part B premium, excluding penalties/late enrollment fees. VTA shall not reimburse Medicare Part D premiums, and shall continue to cover Part D Premiums for prescription drug coverage through the Medicare Supplement Plans. e) Employees who do not complete the required years of service and retire directly from VTA shall not receive any retiree medical benefit.

Defined Benefit Retiree Medical Program. VTA shall provide a premium allowance toward the cost of the medical plan for employees who: (1) Have completed five (5) years of service (1305 days of accrued service) or more with PERS (to include former Santa Xxxxx Clara County employees hired directly by VTA with unbroken service on or before December 31, 1996); and (2) Retire directly from VTA (date of retirement must be within 120 days of separation of employment). All retirees eligible for the defined benefit retiree medical program shall pay according to the following: • For retirees and survivors in California: VTA will contribute up to the Kaiser Bay Area Single Party Rate for CalPERS medical plans for retirees and eligible survivors residing in California. Retirees and eligible survivors will pay the excess above the Kaiser Bay Area Single Party Rate. • For retirees and survivors living outside of California: VTA will contribute up to the Kaiser Out of State Single Party Rate for CalPERS medical plans for retirees and eligible survivors residing outside of California. Retirees and eligible survivors will pay the excess above the Kaiser Out of State Single Party Rate. Retirees eligible for the defined benefit retiree medical program may purchase coverage for their eligible dependents at their own cost. Dependents must be enrolled in the plan that covers the retiree. Upon becoming eligible, due to age or disability, retirees eligible for the defined benefit retiree medical program and their Medicare eligible dependents shall be required to enroll in Medicare in order to maintain medical coverage. Failure by the retiree or his/her dependent(s) to enroll in the Medicare supplement plan shall result in the retiree and his/her dependents being dropped from coverage. Retirees shall be reimbursed for the cost of their own Medicare Part B premium, excluding penalties/late enrollment fees. VTA shall not reimburse Medicare Part D premiums, and shall continue to cover Part D Premiums for prescription drug coverage through the Medicare Supplement Plans.

Defined Benefit Retiree Medical Program. VTA shall provide a premium allowance toward the cost of the medical plan for employees who: (1) Have completed five (5) years of service (1305 days of accrued service) or more with PERS (to include former Santa Xxxxx County employees hired directly by VTA with unbroken service on or before December 31, 1996); and (2) Retire directly from VTA (date of retirement must be within 120 days of separation of employment). All retirees eligible for the defined benefit retiree medical program shall pay according to the following: •  For retirees and survivors in California: VTA will contribute up to the Kaiser Bay Area Single Party Rate for CalPERS medical plans for retirees and eligible survivors residing in California. Retirees and eligible survivors will pay the excess above the Kaiser Bay Area Single Party Rate. •  For retirees and survivors living outside of California: VTA will contribute up to the Kaiser Out of State Single Party Rate for CalPERS medical plans for retirees and eligible survivors residing outside of California. Retirees and eligible survivors will pay the excess above the Kaiser Out of State Single Party Rate. Retirees eligible for the defined benefit retiree medical program may purchase coverage for their eligible dependents at their own cost. Dependents must be enrolled in the plan that covers the retiree. Upon becoming eligible, due to age or disability, retirees eligible for the defined benefit retiree medical program and their Medicare eligible dependents shall be required to enroll in Medicare in order to maintain medical coverage. Failure by the retiree or his/her dependent(s) to enroll in the Medicare supplement plan shall result in the retiree and his/her dependents being dropped from coverage. Retirees shall be reimbursed for the cost of their own Medicare Part B premium, excluding penalties/late enrollment fees. VTA shall not reimburse Medicare Part D premiums, and shall continue to cover Part D Premiums for prescription drug coverage through the Medicare Supplement Plans.