Eligibility Conditions. An active employee shall be eligible to apply for post-retirement health care benefits if that active employee satisfies all minimum eligibility conditions: - Employee must be active on or subsequent to January 1, 2010. For greater clarity, this includes active employees who are in receipt of short- and long- term disability benefits, maternity, parental and compassionate care leaves or on a union office leave as of ratification date. - Employee must retire from the Company and start receiving immediate pension payments from the TTR Pension Plan on or after January 1, 2010. - Employee must be at least age 55 at the time of retirement. - Employee must have a minimum of 85 points* at the time of retirement. Employees who have been severed (including bridged under Article 7 of the ESIMA) under any separation agreement prior to January 1, 2010 are not eligible to participate in this plan. Employees who retire on or after attaining age sixty-five (65) are also not eligible. Eligible employees who retire between January 1, 2010 and implementation date will receive their first payment at implementation date and be entitled to a retroactive payment to cover the period between retirement date and implementation date.
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Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Eligibility Conditions. An active employee shall be eligible to apply for post-retirement health care benefits if that active employee satisfies all minimum eligibility conditions: - • Employee must be active on or subsequent to January 1, 2010. For greater clarity, this includes active employees who are in receipt of short- and long- long-term disability benefits, maternity, parental and compassionate care leaves or on a union office leave as of ratification date. - • Employee must retire from the Company and start receiving immediate pension payments from the TTR Pension Plan on or after January 1, 2010. - • Employee must be at least age 55 at the time of retirement. - • Employee must have a minimum of 85 points* at the time of retirement. Employees who have been severed (including bridged under Article 7 of the ESIMA) under any separation agreement prior to January 1, 2010 are not eligible to participate in this plan. Employees who retire on or after attaining age sixty-five (65) are also not eligible. Eligible employees who retire between January 1, 2010 and implementation date will receive their first payment at implementation date and be entitled to a retroactive payment to cover the period between retirement date and implementation date.
Appears in 1 contract
Samples: Collective Bargaining Agreement