Common use of Health Insurance – Retirees Clause in Contracts

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.

Appears in 1 contract

Samples: Memorandum of Understanding

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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 XxxXXXXCalPERS, 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. Employees Hired After March 31, 2013: All employees first covered by the Xxxx Valley Firefighters Association or the Xxxx Valley Fire Chief Officers Association agreements 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. 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.

Appears in 1 contract

Samples: Memorandum of Understanding

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 XxxXXXXCalPERS, 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 set established by the salary chart in Section 2, Salaries of the Xxxx Valley Firefighters Association MOUSalaries. The four (4) percent contribution includes the recognition of the two (2) percent salary reduction included as part of Section 32, Salary and Wages for Battalion Chiefsparagraph (h).

Appears in 1 contract

Samples: Memorandum of Understanding

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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, 2013. An amount equal to four (4) percent of the “Step E” salary for the Firefighter/Engineer, as set established by the salary chart in Section 2, Salaries of the Xxxx Valley Firefighters Association MOUSalaries. The four (4) percent contribution includes the recognition of the two (2) percent salary reduction included as part of Section 32, Salary and Wages for Battalion Chiefsparagraph (h).

Appears in 1 contract

Samples: Memorandum of Understanding

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