Health Insurance – Retirees Sample Clauses

Health Insurance – Retirees. Employees who retire (meet the eligibility requirements of PERA and/or FICA at the time of separation), shall be entitled to stay in the group insurance plan offered by the County. Eligible employees and eligible spouses are required to transition to the Medicare Supplement Plan offered by the County upon becoming Medicare eligible. For those retirees eligible for subsidized retiree health insurance the following amounts will be paid toward the premiums by the Employer: A. Employees with less than seven (7) years of continuous qualifying service: the insured pays 100% of the group rate. B. Employees with seven (7) years of continuous qualifying service: the County pays one-third of the premium. C. Employees with fifteen (15) years of continuous qualifying service: the County pays two- thirds of the premium. D. Employees with twenty-five (25) years of continuous qualifying service: the County pays full cost of the premium. E. The spouse of a deceased retiree shall be allowed to remain covered under the group insurance plan until such time as they remarry or have other insurance available. F. Employees who retire and their surviving spouses, receiving contributions towards health insurance under this section, shall be required to obtain Medicare Part B at their own expense upon becoming eligible and present the County with proof of participation in the Medicare Plan upon request. The County’s contribution to the payment of Health Insurance for retired regular full-time employees and eligible regular part-time employees or the employee’s surviving spouse of this policy does not apply to any employee that was hired after August 03, 2005. Effective January 1, 2009, no employee, having once qualified for retiree health insurance benefits as defined, who maintains continuous qualifying service with the employer, shall experience an increase or decrease in length of coverage, covered dependents, and eligibility dates as a result of promotion, transfer or demotion to a bargaining unit or non-contract classification which may contain language that is different than the language used to establish their initial retiree health insurance eligibility unless such changes are negotiated following January 1, 2009.
AutoNDA by SimpleDocs
Health Insurance – Retirees. For any employee who retires during the term of this agreement, the Authority agrees to maintain health insurance coverage and to pay the amount required by P.E.R.S. toward the premium cost thereof, provided the retiree remits to the Authority any further payment due, secures Medicare coverage when eligible, and subject to the following: Effective January 1, 2014, for retirees who meet the eligibility requirements for retiree healthcare insurance, the Authority’s monthly contribution for the retiree and the retiree’s eligible dependents shall be in accordance with the Minimum Employer Contribution (MEC) established by the Public Employees Medical and Hospital Care Act (PEMHCA), and in addition; Retiree reimbursement will be based on the current Authority share, as determined by XxxXXXX, as of January 1, 2013, less the amount already paid, Minimum Employer Contribution (MEC) established by PEMHCA, and will increase by a maximum of $100 per month, annually until such time the Authority’s contributions for retirees is the same as active members (as established in the Cafeteria Plan section). The maximum $100 per month, annual increase includes increases to the PEMHCA minimum. Retiree health plan options where the Authority’s contribution is the same as active members, the $100 per month annual increase maximum does not apply. Medicare eligible retirees must apply for and receive Medicare benefit to be eligible for full reimbursement. On August 1, 2013, the Authority established a Retirement Health Savings plan (RHS) for all employees first covered by Xxxx Valley Firefighters Association or the Xxxx Valley Fire Chief Officers Association agreements after March 31, 2013. An amount equal to four (4) percent of the “Step E” salary for the Firefighter/Engineer, as set in Section 2, Salaries of the Xxxx Valley Firefighters Association MOU. The four (4) percent contribution includes the recognition of the salary reduction included as part of Section 3, Salary and Wages for Battalion Chiefs.
Health Insurance – Retirees. For any employee who retires during the term of this agreement, the Authority agrees to maintain health insurance coverage and to pay the amount required by P.E.R.S. toward the premium cost thereof, provided the retiree remits to the Authority any further payment due, secures Medicare coverage when eligible, and subject to the following: Employees Hired Before April 1, 2013: For all employees hired by the Authority prior to April 1, 2013, upon retirement, who meet the eligibility requirements for retiree healthcare insurance, will be reimbursed for healthcare premium costs by the Authority as follows: Employees Hired After March 31, 2013: All employees hired by the Authority after March 31, 2013, upon retirement, will be eligible for the Minimum Employer Contribution (MEC) established by PEMHCA, with no additional reimbursement from the Authority.
Health Insurance – Retirees. Beginning on July 1, 1984, the District will contribute seventy-five (75%) percent of the premium for the health insurance plan for individuals coverage and fifty (50%) percent of the premium for individual and dependent coverage for members of the negotiating unit who retire on or after July 1, 1984.
Health Insurance – Retirees. Employees who retire directly from County service under the New York State Retirement System and who have health insurance through the County at the time of their retirement, will be allowed to purchase, at the retiree’s expense, an HMO or PPO and/or prescription offered by the County. Retirees will not be allowed to purchase the traditional BC, BS or major medical experience rated plan offered by the County except if they have the right to do so under COBRA or other Federal or State Law. When such right expires, said employee must switch to an HMO or PPO. 1) This provision shall: a) Not apply to former County employees who retired prior to the ratification/approval of the agreement by both parties except for those retirees who retired previously but who are still on a County policy under COBRA. b) Only apply at the time of the employee’s retirement. If an employee continues health insurance through the County at the time of their retirement but subsequently discontinues such coverage, they will not be eligible to rejoin a County plan. 2) If a retiree fails to submit their required contribution on a timely basis, they will be dropped from the County plan and will not be eligible to rejoin such plan. 3) The right to purchase health insurance through the County will be applicable during the life of the retiree and shall not extend to dependents after the a retiree’s death except if required by COBRA or other Federal or State law. 4) The County will notify all retirees and the Union of any termination of coverage for all retirees at least six months prior to the effective date of such termination. This six month notice requirement shall not be applicable to termination of coverage for an individual retiree due to non-payment of premium. 5) Retirees shall be treated in the same manner as active employees in regard to health insurance. 6) Nothing in this provision shall prevent or limit the right of the County to place retirees and/or surviving dependents in a separately rated sub-group.
Health Insurance – Retirees. For any employee who retires during the term of this agreement, the Authority agrees to maintain health insurance coverage and to pay the amount required by P.E.R.S. toward the premium cost thereof, provided the retiree remits to the Authority any further payment due, secures Medicare coverage when eligible, and subject to the following: Effective January 1, 2014, for retirees who meet the eligibility requirements for retiree healthcare insurance, the Authority’s monthly contribution for the retiree and the retiree’s eligible dependents shall be One Hundred and Nineteen dollars ($119) per month and shall adjust in accordance with the Minimum Employer Contribution (MEC) established by the Public Employees Medical and Hospital Care Act (PEMHCA), and in addition; Retiree reimbursement will be based on the current Authority share, as determined by XxxXXXX, as of January 1, 2013, less the amount already paid, Minimum Employer Contribution (MEC) established by PEMHCA, and will increase by a maximum of $100 per month, annually until such time the Authority’s contributions for retirees is the same as active members (as established in the Cafeteria Plan section). The maximum $100 per month, annual increase includes increases to the PEMHCA minimum. Retiree health plan options where the Authority’s contribution is the same as active members, the $100 per month annual increase maximum does not apply. Medicare eligible retirees must apply for and receive Medicare benefit to be eligible for full reimbursement. 2015-16 Firefighter Mou redline w exhibits.doc2015-16 Firefi1gh1ter Mou redline w exhibits2015-16 Firefighter Mou redline w On August 1, 2013, the Authority established a Retirement Health Savings plan (RHS) for all employees first covered by Xxxx Valley Firefighters Association or the Xxxx Valley Fire Chief Officers Association agreements after March 31, 2013, 2013. An amount equal to four (4) percent of the “Step E” salary for the Firefighter/Engineer, as established by the salary chart in Section 2, Salaries. The four (4) percent contribution includes the recognition of the two (2) percent salary reduction included as part of Section 2, paragraph (h).
Health Insurance – Retirees. For any employee who retires during the term of this agreement, the Authority agrees to maintain health insurance coverage and to pay the amount required by P.E.R.S. toward the premium cost thereof, provided the retiree remits to the Authority any further payment due, secures Medicare coverage when eligible, and subject to the following: Effective January 1, 2014, for retirees who meet the eligibility requirements for retiree healthcare insurance, the Authority’s monthly contribution for the retiree and the retiree’s eligible dependents shall be One Hundred and Nineteen dollars ($119) per month and shall adjust in accordance with the Minimum Employer Contribution (MEC) established by the Public Employees Medical and Hospital Care Act (PEMHCA), and in addition; eligibility requirements for retiree healthcare insurance, will be reimbursed for healthcare premium costs by the Authority as follows: Retiree reimbursement will be based on the current Authority share, as determined by CalPERS, as of January 1, 2013, less the amount already paid, Minimum Employer Contribution (MEC) established by PEMHCA, and will increase by a maximum of $100 per month, annually until such time the Authority’s contributions for retirees is the same as active members (as established in the Cafeteria Plan section). The maximum $100 per month, annual increase includes increases to the PEMHCA minimum. Retiree health plan options where the Authority’s contribution is the same as active members, the $100 per month annual increase maximum does not apply. Medicare eligible retirees must apply for and receive Medicare benefit to be eligible for full reimbursement. On August 1, 2013, the Authority established a Retirement Health Savings plan (RHS) for all employees first covered by Xxxx Valley Firefighters Association or the Xxxx Valley Fire Chief Officers Association agreements after March 31, 2013, 2013. An amount equal to four (4) percent of the “Step E” salary for the Firefighter/Engineer, as established by the salary chart in Section 2, Salaries. The four (4) percent contribution includes the recognition of the two (2) percent salary reduction included as part of Section 2, paragraph (h).
AutoNDA by SimpleDocs
Health Insurance – Retirees. Employees hired on or after July 1, 1995 and who are otherwise eligible to receive health insurance benefits in retirement from the City shall be entitled to maintain the level of health insurance benefits (individual or family) enjoyed by the employee at the time of retirement and to have the City contribute premiums pursuant to the following schedule: Completed years of City Service City Contribution 20 or more 100% (individual/family) 15-19 80% (individual/family) 10-15 50% (individual) 35% (family) Less than 10 0% The City shall waive the twenty year service requirement in the case of an employee who is eligible for, retires, and receives benefits pursuant to, RSSL Section 63 (accidental).
Health Insurance – Retirees. Eligibility: To be eligible for the City's health care coverage, employees must retire from active employment with twenty (20) or more years of continuous City service. For the purpose of this provision, employees re- hired within twelve (12) months of separation shall be deemed to have continuous service. The retiree and/or dependents MUST be enrolled in the City's health plan at the time of retirement. If a retiree cancels coverage for any reason, the retiree and/or dependents will no longer be eligible to re-enroll in the City's retiree health plan. Spouses of deceased retirees remain eligible so long as they are on the City's health plan. If the deceased former employee's spouse remarries, their new spouse and/or new dependents will not be eligible for the City's health plan. Employees hired, transferred or promoted into this bargaining unit after July 1, 2012, are not eligible for City-provided healthcare at retirement, unless retiree health care is available to him/her under another collective bargaining agreement (no gain or no loss). For employees hired after July 1, 2012 for whom no retiree health insurance is available, the City will establish a Retirement Health Savings (RHS) Plan. A. Pre-65 Retirees: 1. that if retiree health insurance is eliminated in a subsequent collective bargaining agreement, the Pre-65 retiree and their spouse shall retain the healthcare coverage and premium share formula he/she was enrolled in at the time of elimination and; 2. The City’s share of the premium shall be the dollar amount specified in Public Act 152 of 2011, as amended. In the event Public Act 152 is repealed, the dollar amount shall be adjusted by the rate of inflation according to Section 15.563 of Public Act 152 of 2011, as amended. In the event healthcare benefits provided to active employees are changed after a retiree retires, a retiree and their spouse shall have the option to keep the healthcare benefit received at their retirement and incur any premium share changes, if applicable, or “buy up” to the healthcare benefit offered to active employees. An employee who receives a duty-disability retirement as the result of an injury or who is killed on- duty while in performance of his/her duties shall be considered to have achieved twenty (20) years of service. B. Post-65 Retirees:
Health Insurance – Retirees. 6.5.1 Coverage - Through SISC the District agrees to provide eligible employees upon retirement at age sixty-five (65) or upon reaching age sixty-five (65) with eligibility to participate in SISC benefits program with health insurance coverage at SISC Medicare Supplement related rates. Said retirees shall receive the District paid minimum benefit provided for health insurance for all employees active and retired. A retiree whose eligibility status qualifies him or her for District paid lifetime retiree benefits shall receive the total District paid health premium identified for retirees. This identified premium shall be received as a taxable benefit herein termed a “service credit.” Xxxxxxxx retirees who retire between the ages fifty-five (55) to sixty-five (65) shall be eligible to remain on the District paid group health insurance plans and participate in SISC at the active employee rates until they reach age sixty-five. The maximum amount paid by the District for retirees aged fifty-five (55) to sixty-five (65) shall be the highest of the single, active HMO plans for San Mateo County. 6.5.1.1 Eligibility is determined by the District to be a minimum of five
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!