Common use of Health Insurance for Retired Employees Clause in Contracts

Health Insurance for Retired Employees. All employees hired prior to June 30, 1990, who retire from the City (i.e. begin to draw from their PERS retirement accounts) and have a minimum of ten (10) years of City service shall be eligible for retiree health benefits. The City’s contributions towards retiree medical insurance shall not exceed the actual costs for the employee or employee and spouse, based on the City Kaiser Rate. Employees who retire (i.e. begin to draw from their PERS retirement account) after 20 years of City service, shall be entitled to receive City paid retiree dental insurance for the employee or the employee and spouse.

Appears in 3 contracts

Samples: Memorandum of Understanding, Collective Bargaining Agreement, Memorandum of Understanding

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Health Insurance for Retired Employees. All employees hired prior to June 30July 1, 1990, who retire from the City (i.e. i.e., begin to draw from their PERS retirement accounts) ), and have a minimum of ten (10) years of City service shall be eligible for retiree health benefits. The City’s contributions towards retiree medical insurance employee and spouse shall not exceed the actual costs for the employee or employee and spouse, based on the City Kaiser Raterate. Employees who retire (i.e. begin to draw from their PERS retirement account) after 20 years of City service, shall be entitled to receive City paid retiree dental insurance for the employee or for the employee and spouse.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

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Health Insurance for Retired Employees. All employees hired prior to June 30, 1990, who retire from the City (i.e. begin to draw from their PERS retirement accounts) and have a minimum of ten (10) years of City service shall be eligible for retiree health benefits. The City’s contributions towards retiree medical insurance shall not exceed the actual costs for the employee or employee and spouse, based on the City Kaiser Rate. Employees who retire (i.e. begin to draw from their PERS retirement account) after 20 years of City service, shall be entitled to receive City paid retiree dental insurance for the employee or the employee and spouse. ARTICLE XIV LONGEVITY PAY

Appears in 1 contract

Samples: Memorandum of Understanding

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