Health Benefits at Retirement Sample Clauses

Health Benefits at Retirement. An employee who retires shall be eligible for County-paid health benefits coverage for himself/herself and eligible dependents for three (3) years after retirement commencing with the employee’s retirement date. Retirement is currently defined as having 25 years or more of service credit in the State Pension Plan and 25 years of service with Atlantic County or upon reaching the age of 62 years or older and having had at least 15 years of service credit with Atlantic County. Health benefits coverage is defined as the coverage currently in force at the time of retirement and any changes to such coverage as may occur during the three year period of the employer paid coverage.
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Health Benefits at Retirement. The District provides a contribution toward health insurance benefits for certificated bargaining unit retirees who have served the District for at least ten (10) years and retire after age fifty-five (55). The District’s contribution ceases when the retiree attains age sixty-five (65). The District’s annual health benefit contribution for eligible retirees during this period of time is equal to the annual contribution made for active employees, as that contribution may change from time-to-time. Accordingly, the Assistant Superintendent shall be entitled to receive the same annual contribution that the District makes on behalf of its certificated bargaining unit employees, as that contribution may change from time-to-time, until the Assistant Superintendent attains age sixty-five (65), if the Assistant Superintendent is at least fifty-five (55) years old and has served the District for at least ten (10) years as of the date of her resignation from the District and retirement with the California State Teachers Retirement System (CalSTRS) or the California Public Employees Retirement System (CalPERS). All District contributions toward retiree health insurance benefits and all District costs shall cease when Assistant Superintendent attains age sixty-five (65). If the Assistant Superintendent uses this benefit, the Assistant Superintendent shall be responsible to pay all co-pays, deductibles, and other costs in the same manner as other retired management employees.
Health Benefits at Retirement. Under the following circumstances, beginning January 1, 1990 and thereafter, the Township shall pay a portion of certain hospitalization and medical benefits (health coverage) for employee and spouse upon retirement of employee: (a) Where the employee retires at age 60 with ten (10) years of service, the Township shall pay 45 percent of the cost of prescription and health coverage until employee is eligible for Medicare, and thereafter 45 percent of cost of 65 Special supplement or equivalent coverage and prescription coverage. (b) Where the employee retires at age 60 with fifteen (15) years of service, the Township shall pay 55 percent of the cost of prescription and health coverage until employee is eligible for Medicare, and thereafter 55 percent of cost of 65 Special supplement or equivalent coverage and prescription coverage. (c) Where the employee retires at age 60 with twenty (20) years of service, the Township shall pay 80 percent of cost of prescription and health coverage until employee is eligible for Medicare, and thereafter 70 percent of the cost of 65 Special supplements or equivalent coverage and prescription coverage. The health coverage referred to in this Section is limited to Hospital, Surgical, Major Medical and Prescription Drug insurance.
Health Benefits at Retirement. An employee who retires shall be eligible for County paid health benefits coverage for himself/herself and eligible dependents for 3 years after retirement, commencing with the employee’s retirement date. Retirement is currently defined in accordance with N.J.S.A. 40A:10-23 as having 25 years or more of service credit in the State Pension Plan and a period of service of up to 25 years with Atlantic County at the time of retirement or upon reaching the age of 62 or older and having at least 15 years of service with Atlantic County. Health benefits coverage is defined as the coverage currently in force at the time of retirement and any changes to such coverage as may occur during the 3 year period of employer-paid coverage. Any employee of the bargaining unit hired on or before January 1, 1990 shall be entitled to five (5) years of health benefits coverage for himself/herself and eligible dependents after retirement, commencing with the employee's retirement date.
Health Benefits at Retirement. An employee who retires shall be eligible for County paid health benefits for himself/herself and eligible dependents for three (3) years after retirement, commencing with the employee's retirement date. Retirement is currently defined in accordance with N.J.S.A. 40A:10-23 as having 25 years or more of service credit in the State Pension Plan and a period of full time service of up to 25 years with Atlantic County at the time of retirement or upon reaching the age of 62 years or older and having had at least 15 years of full time service credit with Atlantic County. Health benefits coverage is defined as the coverage currently in force at the time of retirement and any changes to such coverage as may occur during the three year period of employer paid coverage. Upon completion of the three years paid Health Benefits coverage by the County, the "retiree" will then have the opportunity to purchase Health Benefits coverage from the New Jersey State Health Plan by means of a deduction from the retiree's state pension benefit.
Health Benefits at Retirement. An employee who retires shall be eligible for County paid health benefits for himself/herself and eligible dependents for three
Health Benefits at Retirement. An employee who retires shall be eligible for County-paid health benefits coverage for himself/herself and eligible dependents for three (3) years after retirement commencing with the employee’s retirement date. Retirement is currently defined as having 25 years or more of service credit in the State Pension Plan and 25 years of service with Atlantic County or upon reaching the age of 62 years or older and having had at least 15 years of service credit with Atlantic County. Health benefits coverage is defined as the coverage currently in force at the time of retirement and any changes to such coverage as may occur during the three year period of the employer paid coverage. Any employee of the bargaining unit hired on or before January 1, 1990 shall be entitled to five (5) years of health benefits coverage for himself/herself and eligible dependents after retirement commencing with the employee’s retirement date.
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Health Benefits at Retirement. An employee who retires shall be eligible for County paid health benefits coverage for three (3) years after retirement, commencing with the employee’s retirement date. Retirement is currently defined in accordance with N.J.S.A. 40A:10-23 as having 25 years or more of service credit in the State Pension Plan and a period of full time service of up to 25 years with Atlantic County at the time of retirement or upon reaching the age of 62 or older and having at least 15 years of service with Atlantic County. Health benefits coverage is defined as the coverage currently in force at the time of retirement and any changes to such coverage as may occur during the three (3) year period of employer- paid coverage. For those employees hired before January 1, 1997, their prior law enforcement service shall be counted cumulatively as “service with Atlantic County” for the purpose of qualifying for payment of post-retirement health benefits as outlined above.
Health Benefits at Retirement. An employee who retires shall be eligible for County paid health benefits for himself/herself and eligible dependents for three (3) years after retirement, commencing with the employee’s retirement date. Retirement is currently defined in accordance with N.J.S.A. 40A:10- 23 as having 25 years or more of service credit in the State Pension Plan and a period of full time service of up to 25 years with Atlantic County at the time of retirement or upon reaching the age of 62 years or older and having had at least 15 years of full time service with Atlantic County. Health benefits coverage is defined as the coverage currently in force at the time of retirement and any changes to such coverage as may occur during the three year period of employer paid coverage. For those employees hired before January 1, 1997, their prior law enforcement service shall be counted cumulatively as “service with Atlantic County” for the purpose of qualifying for payment of post retirement health benefits as outlined above.
Health Benefits at Retirement. Any employee hired prior to January 1, 1990 shall be eligible for County paid health benefits for himself/herself and eligible dependents for five (5) years after retirement, commencing with the employee’s retirement date. All employees hired after January 1, 1990 shall be entitled to health benefits coverage for himself/herself and eligible dependents for three years after retirement, commencing with the employee’s retirement date. Retirement is currently defined as having 25 years or more of service credit in the State Pension Plan and 25 years of service with Atlantic County or upon reaching the age of 62 years or older and having had at least 15 years of service credit with Atlantic County. Health Benefits coverage is defined as the coverage currently in force at the time of retirement and any changes to such coverage as may occur during the three year period of the employer paid coverage.
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