Health Insurance Upon Retirement Sample Clauses

Health Insurance Upon Retirement. Effective July 1, 2006, the City agrees to pay one hundred percent (100%) of the health and life insurance premium for the employee-only coverage category for any employee who retires or sixty percent (60%) of the total group health, accident and life insurance premium for the same coverage that an employee had at the time of retirement. To qualify, the employee must be eligible to retire, must immediately go from City of Reno employment into PERS retirement status and must receive retirement benefits under PERS. This benefit shall continue so long as the retiree remains in the City's group health insurance program and until the retiree is eligible for federal benefits under Medicare or other federal programs or reaches age sixty-five (65), whichever occurs first. It is the intent of the parties throughout this Article that if the minimum age for Medicare eligibility is raised above age sixty-five (65), and the individual retiree is affected by that change, then the age sixty-five (65) limit will not apply to that retiree. The City shall have the right to alter the plans and benefit schedules available to such retirees in accordance with changes implemented under the City's health and life insurance program for active employees. This benefit will not apply to employees hired on or after December 1, 2014. However, any City employee who is promoted/placed into the RAPG Admin represented unit after July 1, 2013, who is not eligible for a retiree medical benefit pursuant to the appropriate Collective Bargaining Agreement or Resolution adopting benefits and/or wages under which they have been employed by the City between July 1, 2013 and the date they are placed in the RAPG Admin Unit, shall not be eligible for a retiree medical benefit under this Article 12.
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Health Insurance Upon Retirement. Therapists, upon retirement, will pay the portion of his/her health insurance premium in the same percentage as was paid for their plan at the date of retirement plus 65% of their dependent’s coverage. This is contingent upon twelve (12) years of continuous service with the District. Retirees with less than twelve (12) years of service and therefore ineligible for this retirement benefit may continue with the District’s group plan by paying the full premium pursuant to COBRA. (Retirement means eligible for and participating in the New York State EmployeesRetirement System.) Therapists will be eligible for individual plan at retirement which plan shall consist of the base plan in effect at the time or as may later be changed by the District.
Health Insurance Upon Retirement. Effective July 1, 2002, the City agrees to pay one hundred percent (100%) of the health and life insurance premium for the employee only coverage category for any employee who retires and who has either thirty (30) or more years of full-time continuous, regular service with the City of Reno, or twenty-five (25) or more full-time years of continuous, regular service with the City of Reno, plus five (5) years of additional PERS credit, and eighty-five percent (85%) for twenty-five (25) or more years under the same conditions. To qualify, the employee must be eligible to retire, must immediately go from City of Reno employment into PERS retirement status and must receive retirement benefits under PERS. This benefit shall continue so long as the retiree remains in the City’s group health insurance program and until the retiree is eligible for federal benefits under Medicare or other federal programs or reaches age sixty-five (65), whichever occurs first. It is the intent of the parties throughout this Article that if the minimum age for Medicare eligibility is raised above age sixty-five (65), and the individual retiree is affected by that change, then the age sixty-five (65) limit will not apply to that retiree. The City shall have the right to alter the plans and benefit schedules available to such retirees in accordance with changes implemented under the City’s health and life insurance program for active employees. Effective July 1, 2002, the City agrees to pay seventy-five percent (75%) of the health and life insurance premium for the employee only coverage category for any employee who retires and who has either twenty (20) or more years of full-time continuous, regular service with the City of Reno, or fifteen (15) or more full-time years of continuous, regular service with the City of Reno, plus five (5) years of additional PERS credit. To qualify the employee must be eligible to retire, must immediately go from City of Reno employment into PERS retirement status, and must receive retirement benefits under PERS. This benefit shall continue so long as the retiree remains in the City’s group health insurance program and until the retiree is eligible for federal benefits under Medicare or other federal programs or reaches age sixty-five (65), whichever occurs first. The City shall have the right to alter the plans and benefit schedules available to such retirees in accordance with changes implemented under the City’s health and life insurance program for ...
Health Insurance Upon Retirement. Therapist, upon retirement, will pay the portion of his/her health insurance premium in the same percentage as was paid for their plan at the date of retirement. This is contingent upon twelve
Health Insurance Upon Retirement. 1. Unit members hired before the August 16, 2013 a. Shall after seven (7) years of service as an administrator with Ulster BOCES be entitled to 100% district covered individual or family Health Insurance cover for the life of the unit members. b. And retiring under “a” above shall be entitled to reimbursement of 100% of Medicare Part B payments at the standard premium level. In addition, if the unit member retires under a family plan, the unit member shall be entitled to 100% reimbursement for Medicare Part B payments at the standard premium level, made on behalf of their spouse for the life of the retired unit member. 2. Unit members hired after the August 16, 2013 a. Shall after completing 10-14 years of service as an administrator with Ulster BOCES shall be entitled to 75% district covered individual or family Health Insurance coverage, for the life of the unit member. (The District pays 75% of the premium. The unit member pays 25% of the premium.) b. Shall after completeing 15 or more years of service as an administrator with Ulster BOCES be entitled to 100% district covered individual or family Health Insurance coverage, for the life of the unit member. c. Shall not be entitled to reimbursement for Medicare Part B payments. .
Health Insurance Upon Retirement. Police officers hired before January 1, 2017 who retire after ratification of this Agreement with a New York State service or disability pension, prior to reaching age sixty-five (65), shall have the option of participating in the Blue Cross and Blue Shield Select (POS) 201 Plan provided for in this Agreement at no cost to that retiree. Police officers hired on or after January 1, 2017 who retire after ratification of this Agreement with a New York State service or disability pension, prior to reaching age sixty-five (65), shall have the option of participating in the Blue Cross and Blue Shield Select (POS) 201 Plan provided for in this Agreement provided, however, that any such police officer shall be required to annually contribute to the cost of such coverage, upon retirement, an amount equal to the amount such officer contributed annually to the cost of said officer's health insurance in his/her first year of employment. Any officer shall have the option of participating in Blue Cross and Blue Shield Traditional Select coverage (with the Town funding an IRC 105 (h) plan for those retirees choosing traditional coverage in the annual amount of $1,500.00 for family coverage and $750.00 for single coverage [prorated for partial years]) or a Preferred Provider Organization (PPO) Plan and shall pay one hundred percent (100%) of the difference in cost between the premium for Blue Cross and Blue Shield or PPO Plan and the premium for the POS Plan. Police officers hired on or after January 1, 2017 who retire after ratification of this Agreement with a New York State service or disability pension, prior to reaching age sixty-five (65), shall have the option of participating in the Blue Cross and Blue Shield Traditional Select coverage (with the Town funding an IRC 105 (h) plan for those retirees choosing traditional coverage in the annual amount of $1,500.00 for family coverage and $750.00 for single coverage [prorated for partial years]) or a Preferred Provider Organization (PPO) Plan and shall be required to annually contribute to the cost of such coverage, upon retirement, an amount equal to the amount such officer contributed annually to the cost of said officer's health insurance in his/her first year of employment. It is understood that there will be a three (3)-tier prescription co-payment for retiree coverage under all available plans for retirees prior to age 65 years, with a $5 co-payment for generic drugs. For retirees under age sixty-five (65) years,...
Health Insurance Upon Retirement. 598 599 Upon retirement an employee may continue his/her membership in the Town’s health insurance 600 program, at his/her own expense, until such time as the employee becomes eligible for federally 601 subsidized health insurance such as Medicaid or Medicare. 602 603 604 605 Section 7: Inoculations 606 607 The Town shall pay for employee inoculations determined by the Town to be required for the safe 608 performance of an employee's assigned responsibilities. In order to qualify for payment, employees 609 must schedule such inoculations through the Town and must utilize a physician selected by the 610 Town. 611 612 Section 8: Dental 613 614 The Town agrees to provide fifty percent (50%) payment for said dental insurance plan. For 615 example, depending upon each employee's legal status, the Town will pay fifty percent (50% family 616 coverage or fifty percent (50%) employee and spouse coverage or fifty percent (50%) single 617 employee coverage. The employee's share shall be made through payroll deduction. 618 619 The Town will provide either Maine Municipal Employees Health Trust Dental Plan A or equivalent. 620 621 Section 9: Short Term Disability 622 623 The Town currently provides income protection coverage (i.e., short term disability insurance) to all 624 full time employees through the Maine Municipal Employees Health Trust. The Town currently pays 625 to insure each employee for fifty-five percent (55%) of his/her base pay. Employees may choose a 626 coverage level higher than the fifty-five percent (55%) and may pay the additional premium for this 627 coverage through a weekly payroll deduction. 628 629 It shall be the employees’ responsibility to complete and submit all claim forms in accordance with 630 the rules and requirements of the insurer and/or plan administrator. Employees may obtain copies of 631 the applicable forms and instructions from the Town’s Human Resource Office upon request. All 632 determinations regarding eligibility for benefits will be made by the insurer and/or the plan 633 administrator. Any dispute between an employee and the insurer and/or plan administrator 634 regarding this benefit shall not be the subject of a grievance under this Agreement. 635 636 Section 10: Liability Insurance 637 638 The Town provides liability insurance coverage for employees covered by this Agreement to the 639 extent and limits stated in such policy of insurance. Such policy shall defend the employee when 640 sued for damages as a result o...
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Health Insurance Upon Retirement. All full-time employees who retire with a New York State service or disability pension shall have the option of participating in the Village’s health insurance plan, individual coverage, at retirement. Retiree eligibility shall be based on years of full-time service with the Employer as follows:
Health Insurance Upon Retirement. An administrator retiring from service, who is a member of the Health Insurance Plan, may continue the health benefit coverage into retirement at the active employee rate in effect at the time of retirement, if the administrator has served a minimum of ten (10) consecutive years within the district. If a break in service occurs, then an employee will need a total of fifteen (15) years with the district. Any leave of absence granted by the District shall not serve as a break in service however; only paid leaves shall continue to accrue time toward this service credit. Any unpaid leave, while not creating a break in service, however, shall not count as accrued time toward service credit. A break in service shall occur when an employee terminates by either resigning, discharge or other action which removes them from maintaining an employment status with the District. Furthermore, such employees must actually qualify for and retire under the provisions of the New York State Teachers Retirement System or the New York State Employees Retirement System.
Health Insurance Upon Retirement. Any employee recognized in Article I hired prior to January 1, 2007 who retires after twenty-five (25) years of service in the Police and Firemen Retirement System and fifteen (15) years of service with the Township of Mullica or who is granted a Disability Retirement Pension from the Police and Firemen Retirement System shall retain and enjoy all medical, optical, dental, health and prescription benefits. Such Benefits shall be continually paid by the Township.
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