Common use of Health Plan Subsidy Clause in Contracts

Health Plan Subsidy. Retirees 1. For those employees who retire after July 1, 1988, such employees shall receive the following benefit based upon years of service, age, and pension:

Appears in 6 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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Health Plan Subsidy. Retirees 1. For those employees who retire after July 1, 1988, such employees employee shall receive the following benefit based upon years of service, age, and pension:

Appears in 5 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

Health Plan Subsidy. Retirees 1. For those employees who retire after July 1, 1988, such employees employee shall receive the following benefit based upon years of service, age, and pension: a. Basic Benefit: The following benefit and eligibility requirements pertain to all employees who retired after July 1, 1988, on a service pension unless applicable eligibility requirements have been changed or the benefit improved in Paragraphs b. or c. below: Years of Service Benefit 25 - 29 30 & over Pension Plan $75 per month $150 per month $225 per month Age for Subsidy Eligibility Articles 17 & 18 58 Article 35 55

Appears in 1 contract

Samples: Memorandum of Understanding

Health Plan Subsidy. Retirees 1. For those employees who retire after July 1, 1988, such employees shall receive the following benefit based upon years of service, age, and pension: a. Basic Benefit: The following benefit and eligibility requirements pertain to all employees who retired after July 1, 1988, on a service pension unless applicable eligibility requirements have been changed or the benefit improved in Paragraphs b. or c. below: Years of Service Benefit 25 - 29 30 & over $ 75 per month $150 per month $225 per month Pension Plan Articles 17 & 18 Article 35 Age for Subsidy Eligibility 55

Appears in 1 contract

Samples: Memorandum of Understanding

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Health Plan Subsidy. Retirees 1. For those employees who retire after July 1, 1988, such employees shall receive the following benefit based upon years of service, age, and pension: a. Basic Benefit: The following benefit and eligibility requirements pertain to all employees who retired after July 1, 1988, on a service pension unless applicable eligibility requirements have been changed or the benefit improved in Paragraphs b. or c. below: 25 - 29 30 & over $ 75 per month $150 per month $225 per month Articles 17 & 18 Article 35 58 55

Appears in 1 contract

Samples: Memorandum of Understanding

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