Health Insurance--Retired Members Sample Clauses

Health Insurance--Retired Members. The Board shall contribute toward the premium for available health insurance plans or an optional HMO for employees with ten (10) years or more service with the Board, including military service time recognized by the Board, who retire under the Maryland State Teachers’ Retirement or Pension System, or the Baltimore County Employee Retirement System (ERS). Specific price tags for available plans will be according to schedules contained in the Retiree Benefits Guide. Contributions by the Board shall be made to employees hired prior to January 1, 2011 in accordance with Charts A and B as found below. For pre-65 retirees, Chart A below specifies Board contributions for health plan options 1, 2, and 3 for each calendar year (CY) through December 31, 2021, based on the health plan option selected and the effective date of retirement. The Board contribution in place at the time of retirement will continue at that same level until the retiree reaches the age of 65. Once reaching age 65, Chart B below specifies Board contributions for plan options 4A and 4B. CHART A CIGNA OAP (Option 1) CIGNA OAPIN (Option 2) and Kaiser HMO (Option 3) Current CY17 CY18 CY19 CY20 CY21 BCPS Yrs. of Service Current CY17 CY18 CY19 CY20 CY21 30.0% 25.0% 25.0% 23.0% 21.0% 20.0% 10 30.0% 25.0% 25.0% 25.0% 25.0% 25.0% 30.0% 27.5% 27.5% 25.5% 23.5% 22.5% 11 30.0% 27.5% 27.5% 27.5% 27.5% 27.5% 30.0% 30.0% 30.0% 28.0% 26.0% 25.0% 12 30.0% 30.0% 30.0% 30.0% 30.0% 30.0% 32.5% 32.5% 32.5% 30.5% 28.5% 27.5% 13 32.5% 32.5% 32.5% 32.5% 32.5% 32.5% 35.0% 35.0% 35.0% 33.0% 31.0% 30.0% 14 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 37.5% 37.5% 37.5% 35.5% 33.5% 32.5% 15 37.5% 37.5% 37.5% 37.5% 37.5% 37.5% 40.0% 40.0% 40.0% 38.0% 36.0% 35.0% 16 40.0% 40.0% 40.0% 40.0% 40.0% 40.0% 42.5% 42.5% 42.5% 40.5% 38.5% 37.5% 17 42.5% 42.5% 42.5% 42.5% 42.5% 42.5% 45.0% 45.0% 45.0% 43.0% 41.0% 40.0% 18 45.0% 45.0% 45.0% 45.0% 45.0% 45.0% 47.5% 47.5% 47.5% 45.5% 43.5% 42.5% 19 47.5% 47.5% 47.5% 47.5% 47.5% 47.5% 55.0% 50.0% 50.0% 48.0% 46.0% 45.0% 20 56.2% 50.4% 50.4% 50.4% 50.4% 50.4% 55.0% 52.5% 52.5% 50.5% 48.5% 47.5% 21 56.2% 53.3% 53.3% 53.3% 53.3% 53.3% 55.0% 55.0% 55.0% 53.0% 51.0% 50.0% 22 56.2% 56.2% 56.2% 56.2% 56.2% 56.2% 57.5% 57.5% 57.5% 55.5% 53.5% 52.5% 23 59.1% 59.1% 59.1% 59.1% 59.1% 59.1% 60.0% 60.0% 60.0% 58.0% 56.0% 55.0% 24 62.0% 62.0% 62.0% 62.0% 62.0% 62.0% 63.3% 63.3% 63.3% 61.3% 59.3% 58.3% 25 65.3% 65.3% 65.3% 65.3% 65.3% 65.3% 66.6% 66.6% 66.6% 64.6% 62.6% 61.6% 26 68.6% 68.6% 68.6% 68.6% 68.6%...
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Health Insurance--Retired Members. The Board shall contribute toward the premium for health insurance or an optional HMO for employees with ten (10) years or more service with the Board, including military service time recognized by the Board, who retire under the Maryland State Teachers’ Retirement or Pension System. Specific price tags for available plans will be according to schedules contained in the Retiree Enrollment Guide. Contributions by the Board shall be made in accordance with the following schedule: Pre-65 Only for retirees age 65 or older Options Option Option 1 & 2 3-A 3-B CareFirst Med. Supp. Kaiser Med. Plus 10-19 years of service 50% 36% 68% 20-29 years of service 75% 66% 100% 30 or more years of service 90% 84% 100% The Board shall implement a Prescription Drug Plan (PDP) for Medicare-eligible retirees. The Board shall continue to provide the payment set in Section 9.8 for one year for the spouse of a retired employee who dies if the surviving spouse was covered under the retired employee’s policy at the time of the retired employee’s death.
Sample 1Sample 2
Health Insurance--Retired Members. Police officers of the Town retiring on or after July 1, 2014, shall receive the same health insurance coverage as active police officers covered under this Agreement, as detailed in Article XII Section 1(a) above, up to age sixty-five (65). In addition, all officers retiring on or after July 1, 2014 (except for Xxxx Xxxxx, Xxxxxx Xxx, and Xxxxxx Xxxx) shall pay two and one half (2.5%) percent of their health insurance premiums in retirement. Such retirees shall enroll in Medicare upon eligibility. The Town shall cover 100% of the cost of a Medicare Supplement plan for each of the retiree and his/her spouse upon Medicare eligibility. Prior to age sixty-five (65), the spouse and any dependents under the age of nineteen (19) will be covered by the High Deductible Health Savings Account plan as detailed in Article XII Section 1(a) above. The above medical insurance terminates when retired police officer is deceased. Dental riders under Article XII, Section (1)(b) must be purchased on a monthly basis, as a group, at retiree’s expense at the same premium cost charged to the Town. Monthly premium payments owed will be collected by the Town using the automated clearing house (ACH) system, deducting the premium automatically from the retiree’s checking/savings account, on the fifteenth of every month for that month. Failure to receive premiums as scheduled will be cause to drop the individual from the above program. The premium cost is subject to any increase or decrease in the premium with notice from the current or equivalent carrier. The Town may seek alternate health insurance coverage, which will provide retired police officers the same level of coverage as set forth herein.
Sample 1Sample 2
Health Insurance--Retired Members. 12.6 The Board shall contribute toward the premium for health insurance or an optional HMO for employees with ten (10) years or more service with the Board, including military service time recognized by the Board, who retire under the Maryland State Teachers’ Retirement or Pension System, or the Baltimore County Employee Retirement System (ERS). Specific price tags for available plans will be according to schedules contained in the Retiree Enrollment Guide. Contributions by the Board shall be made to employees hired prior to January 1, 2011 in accordance with the following schedule: Pre-65 Only for retirees age 65 or older Options Option Option 1 & 2 3-A 3-B CareFirst Med. Supp. Kaiser Med. Plus 10-19 years of service 50% 36% 68% 20-29 years of service 75% 66% 100% 30 or more years of service 90% 84% 100% Employees hired on or after January 1, 2011 will be enrolled in a basic allowance health care subsidy. The flat dollar amounts listed on Appendix E will be adjusted by the lesser of the growth in the US Consumer Price Index (CPI) in the prior calendar year or 4%. Appendix E will be updated yearly by BCPS. The Board shall implement a Prescription Drug Plan (PDP) for Medicare-eligible retirees. The Board shall continue to provide the payment set in Section 9.8 for one (1) year for the spouse of a retired employee who dies if the surviving spouse was covered under the retired employee’s policy at the time of the retired employee’s death.
Sample 1
Health Insurance--Retired Members. The Board shall contribute toward the premium for health insurance or an optional HMO for employees with ten (10) years or more service with the Board, including up to two (2) years honorable military service time provided appropriate documentation is received. Contributions by the Board shall be made in accordance with the following schedule: Options Option 1 & 2 3 10-19 years of service 50% 30% 20-29 years of service 75% 55% 30 or more years of service 90% 70% The Board shall reimburse employees retired or employees who have attained the age of 65, for their cost of Medicare--Part B (Medical) in accordance with the following schedule: 10-19 years of service 30% 20-29 years of service 55% 30 or more years of service 70% The Board shall continue to provide the payment set in Section 8 for one year for the spouse of a retired employee who dies if the surviving spouse was covered under the retired employee’s policy at the time of the retired employee’s death.
Sample 1
Health Insurance--Retired Members. The Board shall contribute toward the premium for health insurance or an optional HMO for employees with ten (10) years or more service with the Board, including military service time recognized by the Board, who retire under the Maryland State Teachers’ Retirement or Pension System, or the Baltimore County Employee Retirement System. Specific price tags for available plans will be according to schedules contained in the Retiree Enrollment Guide. Contributions by the Board shall be made in accordance with the following schedule: Pre-65 Only for retirees age 65 or older Options Option Option 1 & 2 3-A 3-B CareFirst Med. Supp. Kaiser Med. Plus 10-19 years of service 50% 36% 68% 20-29 years of service 75% 66% 100% 30 or more years of service 90% 84% 100% The Board shall implement a Prescription Drug Plan (PDP) for Medicare-eligible retirees. The Board shall continue to provide the payment set in Section 9.8 for one year for the spouse of a retired employee who dies if the surviving spouse was covered under the retired employee’s policy at the time of the retired employee’s death.
Sample 1
Health Insurance--Retired Members. The Board shall contribute toward the premium for health insurance or an optional HMO for CASE members with ten (10) years or more service with the Board, including military service time recognized by the Board, who retire under the Maryland State Members’ Retirement or Pension System. Contributions by the Board shall be made in accordance with the following schedule: Options Option 1 & 2 3 10-19 years of service 50% 30% 20-29 years of service 75% 55% 30 or more years of service 90% 70% The Board shall reimburse members or retired members who have attained the age of 65, for their cost of Medicare--Part B (Medical) in accordance with the following schedule: 10-19 years of service 30% 20-29 years of service 55% 30 or more years of service 70% The Board shall continue to provide the payment set in the paragraphs above for one year for the spouse of a retired employee who dies if the surviving spouse was covered under the retired employee’s policy at the time of the retired employee’s death.
Sample 1
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Related to Health Insurance--Retired Members

  • Retiree Health Insurance Retired members of the Department receiving, or to receive City of Lincoln monthly pension checks, may participate in the group comprehensive health care plan for active City employees, provided that each retiree so desiring will execute the required forms in a timely fashion, and further provided that each retiree will be required to pay the full monthly cost at the current rates subject to any rate increases which may occur from time to time. Such payment will be made by payroll deduction from pension checks, or by direct payment in the case of an early retiree.

  • Retirement Health Insurance Subd. 1. Benefit Eligibility for Employees who Retire Before Age 65

  • State Employee Group Insurance Program (SEGIP) During the life of this Agreement, the Employer agrees to offer a Group Insurance Program that includes health, dental, life, and disability coverages equivalent to existing coverages, subject to the provisions of this Article. All insurance eligible employees will be provided with a Summary Plan Description (SPD) called “Your Employee Benefits”. Such SPD shall be provided no less than biennially and prior to the beginning of the insurance year. New insurance eligible employees shall receive a SPD within thirty (30) days of their date of eligibility.

  • Health Insurance Committee The UFF-USF-GAU President will appoint one (1) employee to serve on the University's Student Health Insurance Committee.

  • Health Insurance Benefits To the extent provided by the federal COBRA law or, if applicable, state insurance laws, and by the Company’s current group health insurance policies, Executive will be eligible to continue Executive’s group health insurance benefits at Executive’s own expense. If Executive timely elects continued coverage under COBRA, the Company shall pay Executive’s COBRA premiums, and any applicable Company COBRA premiums, necessary to continue Executive’s then-current coverage for a period of 18 months after the date of Executive’s termination of employment; provided, however, that any such payments will cease if Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such premiums. Executive agrees to immediately notify the Company in writing of any such enrollment. Notwithstanding the foregoing, if the Company determines, in its sole discretion, that it cannot provide the foregoing benefit without potentially incurring financial costs or penalties under applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to Executive a taxable monthly amount to continue his group health insurance coverage in effect on the date of separation from service (which amount shall be based on the premium for the first month of COBRA coverage), which payments shall be made regardless of whether Executive elects COBRA continuation coverage and shall commence in the month following the month in which Executive incurs a separation from service and shall end on the earlier of (x) the date on which Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such amounts and (y) 18 months after the date of Executive’s separation from service.

  • Health insurance premiums If you are unemployed and have received unemployment compensation for 12 consecutive weeks under a federal or state program, you may take payments from your IRA to pay for health insurance premiums without incurring the 10 percent early distribution penalty tax. 6)

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  • Health Insurance Coverage (a) An employee who is laid off or separated from employment on or after July 1, 1994, under circumstances which entitle such employee to reemployment rights under this Article, other than pursuant to Section 23, may elect to continue membership in their health benefit plan, upon advance payment of the regular percentage contribution to the cost of the plan, during the first six

  • Health Insurance Plan (Excluding Summer Students Regardless of Wage Schedule Paid From) These employees shall be considered as a group in order that they may apply to participate in the Supplementary Plan and the Extended Health Benefit Plan at group rates. One hundred percent (l00%) of all premiums will be paid by the employees. The Company will pay one hundred percent (l00%) of the Ontario Health Insurance Plan premium for temporary employees who have four months' accumulated service.

  • Oregon Public Service Retirement Plan Pension Program Members For purposes of this Section 2, “employee” means an employee who is employed by the State on or after August 29, 2003 and who is not eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

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