Early Retiree Benefits. i) For employees retiring on a reduced or unreduced pension with a minimum of 5 years of service at a minimum age 55, employees may elect the following up to age 65: a) Life Insurance 1 x annual salary 50% employer paid reduced to $2,500 (Region paid) at age 65 b) Extended Health 50% employer paid 80% reimbursement vision care 80% of $200 every 24 months c) Dental 50% employer paid, annual maximum of $2000 per person, per calendar year. Basic - 80% reimbursement Major restorative - 50% reimbursement Orthodontics - 50% reimbursement up to plan maximums (eligible dependent children only)
Appears in 8 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
