For Retirees Clause Samples

For Retirees. The Superintendent agrees to provide the same medical, dental and vision benefits following retirement to unit members retiring as is provided unit members (prorated for part-time unit members) under the following conditions: 11.9.1 Unit member must have reached the age of fifty-five (55). 11.9.2 Unit member must have the following years of service to the Superintendent: 1 year of benefits at 10 years 2 years of benefits at 15 years 3 years of benefits at 20 years 4 years of benefits at 25 years 5 years of benefits at 30 years. 11.9.3 The unit member’s spouse and/or dependents will be included in the unit member’s coverage for as long as the unit member is eligible. 11.9.4 Cessation of coverage for retired unit members shall take place if the retired unit member is subsequently employed by an employer, other than the Superintendent, who provides benefits. 11.9.5 If the unit member qualifies for Medicare during the two (2) years’ coverage, the Superintendent will pay for all supplemental costs up to the cost covered by the fringe benefit package for active unit members. 11.9.6 Cessation of coverage for the spouse and/or dependent shall take place three
View SourceView Similar (3)
For Retirees. (1) the date this Master Contract terminates; or (2) the last day of any payment period for which payment has been made, should the Retiree fail to make payment when due, subject to section 4., and provided the Organization gives the Retiree thirty (30) days’ advance notice of termination; or (3) the last day of the payment period, subject to section 3., on which a Retiree ceases to be eligible for benefits under this Master Contract, provided HealthPartners gives the Retiree thirty (30) days’ advance notice of termination; or (4) the first of the month following the date the Retiree or an authorized designee notifies HealthPartners of the Retiree’s permanent address change to a location outside the service area, or the first of the month following the date the Retiree temporarily resides outside of the service area for more than 90 days (9 months for Retirees who have activated the Extended Absence Benefit), provided the termination is made within one year following the date we received written notice from the Retiree or an authorized designee of the change in address; or (5) the first of the month following the date the Retiree notifies HealthPartners or CMS in writing, if the Retiree elects to terminate benefits under this Master Contract. All terminations must be in writing, signed and dated by the Retiree or an authorized designee. HealthPartners will notify the Retiree within 7 days after receiving the request for termination, or upon confirmation of disenrollment by CMS.
View SourceView Similar (2)
For Retirees. Members who have retired to the provisions of this Agreement or who are receiving benefits from the Long Term Disability Plan will continue to be members of the following plans on the same and conditionsas
View Source
For Retirees. The Hospital will provide to all employees who retire on or after August and have not yet reached age and who are in receipt of the Hospital’s pension plan benefits, semi-private, extended health care and dental benefits on the same basis as is provided to active employees, as long as the retiree pays the Employer the full amount of the monthly premiums in advance.
View Source
For Retirees. 1. a) Except for Medicare-eligible employ- ees, when employees retire, they shall be eligible to participate in the health benefits that are provided to employees, in accordance with the term of such programs as they may from time to time be modified by the Publisher or insurance carriers. 1. b) Coverage under BNA health ben- efit plans will be discontinued for Medicare eligible retirees. In lieu of coverage under BNA, the Publisher will provide tax-free monetary contributions to retirees to buy sup- plemental Medicare coverage for themselves, their spouses, and/or eligible dependents. Contribution amounts will be $3000 annually for retirees and $2400 annually for retir- ees’ spouses and/or dependents. The services of an external vendor will be provided free of charge to assist retirees in selecting coverage. BNA will pay the monetary contributions directly to the vendor for the retiree’s use and that of their spouse/depen-
View Source

Related to For Retirees

  • Death, Retirement or Disability Executive’s employment shall terminate automatically upon Executive’s death or Retirement during the Employment Period. For purposes of this Agreement, “Retirement” shall mean normal retirement as defined in the Company’s then-current retirement plan, or if there is no such retirement plan, “Retirement” shall mean voluntary termination after age 65 with ten years of service. If the Company determines in good faith that the Disability of Executive has occurred during the Employment Period (pursuant to the definition of Disability set forth below), it may give to Executive written notice of its intention to terminate Executive’s employment. In such event, Executive’s employment with the Company shall terminate effective on the 30th day after receipt of such written notice by Executive (the “Disability Effective Date”), provided that, within the 30 days after such receipt, Executive shall not have returned to full-time performance of Executive’s duties. For purposes of this Agreement, “Disability” shall mean a mental or physical disability as determined by the Board of Directors of the Company in accordance with standards and procedures similar to those under the Company’s employee long-term disability plan, if any. At any time that the Company does not maintain such a long-term disability plan, “Disability” shall mean the inability of Executive, as determined by the Board, to perform the essential functions of his regular duties and responsibilities, with or without reasonable accommodation, due to a medically determinable physical or mental condition which has lasted (or can reasonably be expected to last) for twelve workweeks in any twelve-month period. At the request of Executive or his personal representative, the Board’s determination that the Disability of Executive has occurred shall be certified by two physicians mutually agreed upon by Executive, or his personal representative, and the Company. Failing such independent certification (if so requested by Executive), Executive’s termination shall be deemed a termination by the Company without Cause and not a termination by reason of his Disability.

  • Death or Retirement Executive’s employment shall terminate automatically upon Executive’s death or Retirement during the Employment Period. For purposes of this Agreement, “Retirement” shall mean normal retirement as defined in the Company’s then-current retirement plan, or if there is no such retirement plan, “Retirement” shall mean voluntary termination after age 65 with at least ten years of service.

  • Death, Disability or Retirement Subject to the provisions of Section 1 hereof, this Agreement shall terminate automatically upon the Executive's death, termination due to "Disability" (as defined below) or voluntary retirement under any of the Company's retirement plans as in effect from time to time. For purposes of this Agreement, Disability shall mean the Executive has met the conditions to qualify for long-term disability benefits under the Company's policies, as in effect immediately prior to the Effective Date.

  • Termination Due to Death, Disability or Retirement In the event the Optionee’s employment with the Company and all Subsidiaries is terminated by reason of death, Disability or Retirement, this Option will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year after such termination (but in no event after the Time of Termination).

  • Other Retirement Gratuities A Teacher is not eligible to receive any non-sick leave credit retirement gratuity (such as, but not limited to, service gratuities or RRSP contributions) after August 31, 2012.