Definition of Tier Sample Clauses

Definition of Tier. 2 - Tier 2 is the Retiree Health Insurance provisions for employees appointed to a regular sworn position on or after July 1, 2012. A “Tier 2 retiree or employee” is a retiree or employee who is eligible for Tier 2 benefits because they were appointed to a regular sworn or Police Recruit position on or after July 1, 2012.
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Definition of Tier. 1 - Tier 1 is the Retiree Medical Benefit for active and retired employees appointed to a regular sworn position prior to July 1, 2012. Employees originally hired prior to July 1, 2012 who then leave City employment and are subsequently re-hired, are eligible for Tier 1 benefits provided their re-hire date is within 12 months of the date they separated from the City. Employees re-hired after the 12-month period will receive Tier 2 retiree medical benefits even if they are eligible to retain the CalPERS 3% at 50 retirement formula.
Definition of Tier. 1 - Tier 1 is the Retiree Health Insurance provision for active and retired employees appointed to a regular sworn position prior to July 1, 2012. Employees originally hired prior to July 1, 2012 who then leave City employment and are subsequently re-hired are eligible for Tier 1 benefits provided their re-hire date is within 12 months of the date they separated from the City. Employees re-hired after the 12-month period will receive Tier 2 retiree health insurance benefits even if they are eligible to retain the CalPERS 3% @ 50 retirement formula. A “Tier 1 retiree or employee” is a retiree or employee who is eligible for Tier 1 benefits because they were appointed to a regular sworn position prior to July 1, 2012.

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