Definition of Health Eligible Retiree. General Members hired before July 1, 2005, who retire on or after July 1, 2005, but before April 1, 2012, and are receiving a retirement allowance from SDCERS pursuant to a reciprocity agreement must have ten (10) years of service with the City to receive one hundred percent (100%) of the retiree health benefit and five
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Samples: Memorandum Of, Memorandum Of, Memorandum of Understanding
Definition of Health Eligible Retiree. General Members hired before July 1, 2005, who retire on or after July 1, 2005, but before April 1, 2012, and are receiving a retirement allowance from SDCERS pursuant to a reciprocity agreement must have ten (10) years of service with the City to receive one hundred percent (100%) of the retiree health benefit and fivefive (5) years of service with the City to receive fifty percent (50%) of the retiree health benefit. The definition of “Health Eligible Retiree” in the SDMC has been revised to reflect this clarification.
Appears in 1 contract
Samples: Memorandum of Understanding