HEALTH CARE FOR RETIREES. The Employer agrees to provide Health Care Coverage as provided for bargaining unit members, excluding maternity coverage, to all retirees who retire after the execution of this Agreement which benefits shall be conditioned as follows:
HEALTH CARE FOR RETIREES. SECTION 1 CITY agrees to provide, at the CITY’S cost, health care coverage for those employees and their dependents who retire on or after January 1, 1979. Said health insurance coverage is to be substantially the same as that currently provided for employees and their dependents, as more specifically provided for in Appendix "C" hereof. It is expressly understood and agreed to by the parties that the health care benefit provided herein is to be an obligation of the CITY only with respect to those employees who obtain a normal service retirement and their dependents. Additionally, the benefit provided herein is confined to those employees who have reached minimum retirement age and no greater than 65 years of age. Said health care benefit shall be applicable only as long as the retired employee shall survive, and in no event shall the CITY be obligated to continue premium payments after the death of the employee for the benefit of surviving spouse or children.
HEALTH CARE FOR RETIREES. 1. For employees hired prior to July 1, 2006, upon regular retirement, early retirement, or disability retirement, the City will pay for health insurance as described in Article 26.1.a. above (less optical) at the rate of 4% per complete year of credited service (effective 7/1/14, 3% per each future year of service), to a maximum of 90%. Current employees who, as of 7/1/14, would be eligible for 90% or more shall not have this amount reduced as a result of this paragraph. Coverage is for 2-person coverage for retiree and spouse (or dependent child) at the time of retirement, provided that the retiree shall apply for Medicare or its equivalent when eligible, and the Employer shall then provide supplemental insurance benefits. However, in the case of a duty disability retirant, the computation shall be not less than the amount it would be if the member had 10 years of credited service. A retiree may pay, at his/her own option and expense, the difference between a two-person and family rate. Employees who participate in the Defined Contribution Pension Plan must meet the age and service requirements specified in the retirement ordinance in order to be eligible for paid retiree health insurance.
HEALTH CARE FOR RETIREES. The Employer shall provide each employee with health care coverage similar or equal to Community Blue 10 (Suffix 681/0020) to all retirees who were hired by the Township prior to April 1, 2010 and retire after the execution of this Agreement, hereafter referred to as the Defined Benefit Plan (DBP). The DBP benefits shall be conditioned as follows:
HEALTH CARE FOR RETIREES. SECTION 1 CITY agrees to provide health care coverage for those employees and their dependents who retire on or after January 1, 1979. Said health insurance coverage is to be substantially the same as that currently provided for employees and their dependents, as more specifically provided for in Article 23 and the summary plan description referred to therein. Additionally, employees that retire will be required to pay the requisite health care premium for such coverage, should they choose to continue such coverage, pursuant to Article 23. Employees that retire after the legal execution of this agreement, shall be entitled to the same coverage and blended health care premiums under the health insurance plan negotiated for active bargaining unit employees from time to time. Such coverage and blended health care premiums may change from time to time based on the collective bargaining agreement between the parties.
HEALTH CARE FOR RETIREES. 1. For employees hired prior to July 1, 2006, upon regular retirement, early retirement, or disability retirement, the City will pay for medical and hospitalization insurance as described in Article
