HEALTH INSURANCE COVERAGE UPON RETIREMENT Sample Clauses

HEALTH INSURANCE COVERAGE UPON RETIREMENT. (a) (1) Upon retirement, current College employees shall be eligible for group coverage as noted below. Continuous full time College service is required. Retirement shall be defined as retirement under the New York State Employees Retirement System: College Service* Employee Share College Share Less than 10 years of service 100% 0% 10 years but less than 15 years 50% 50% 15 years but less than 20 years 25% 75% 20 years or over 0% 100% The College will, for unit members hired prior to final ratification of this (August 17, 2004), maintain their health insurance plan as provided for in Article 13 that is in effect at the time of their retirement. It is understood that should the health insurance carrier unilaterally eliminate or modify the plan, the College will provide a comparable (meaning as close as possible) plan. * Includes credited service with Niagara County as may be granted by the College at the employee’s date of hire or rehire.
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HEALTH INSURANCE COVERAGE UPON RETIREMENT. (a) Upon retirement, current College employees shall be eligible for group coverage as noted below. Continuous full time College service is required. Retirement shall be defined as retirement under the New York State Employees Retirement System:
HEALTH INSURANCE COVERAGE UPON RETIREMENT. Employees shall be eligible to continue health insurance in to retirement provided they have met the requirements in Section 10: A, B, C, D, and E below:
HEALTH INSURANCE COVERAGE UPON RETIREMENT. (a) Upon retirement, current College employees shall be eligible for group coverage as noted below. Continuous full time College service is required. Retirement shall be defined as retirement under the New York State Employees Retirement System: Employee College College Service0 Share Share Less than 10 years of service 100% 0% 10 years but less than 15 years 50% 50% 15 years but less than 20 years 25% 75% 20 years or over 0% 100%

Related to HEALTH INSURANCE COVERAGE UPON RETIREMENT

  • Long Term Disability Insurance 250. The City, at its own cost, shall provide to employees a Long Term Disability (LTD) benefit that provides, after a one hundred and eighty (180) day elimination period, sixty percent salary (60%) (subject to integration) up to age sixty-five (65). Employees who are receiving or who are eligible to receive LTD shall be eligible to participate in the City's Catastrophic Illness Program as set forth in the ordinance governing such program.

  • Insurance Coverage The Company and each Subsidiary maintains in full force and effect insurance coverage that is customary for comparably situated companies for the business being conducted and properties owned or leased by the Company and each Subsidiary, and the Company reasonably believes such insurance coverage to be adequate against all liabilities, claims and risks against which it is customary for comparably situated companies to insure.

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