Insurance for Retired Employees. The Employer agrees to make available group plans for health insurance (including HMOs if available in the group benefit package offered by the Employer) and life insurance for employees retired under any Florida or local Retirement Plan. However, in no case will any insurance provision for retirees be adopted which has any adverse impact upon active employee premiums. The Insurance Committee shall study the costs of expanding group life insurance coverage to retired employees to determine any adverse impact upon active employee premiums. Those who are enrolled and covered under the provisions of Medicare Parts A and B may continue coverage beyond age 65 by paying a premium for Medicare supplement coverage. A provision for group life insurance for retired employees shall be incorporated into any bid for group life insurance made during the term of this contract. In the case where two (2) married employees are retired from the School Board, one (1) retiree may carry the spouse as a dependent on the health plan, and that dependent may convert to single coverage under the plan without proof of insurability upon the death of the other, providing that there is no break in coverage. Retirement shall be construed as receiving benefits under any Florida or Local Retirement Plan.
Insurance for Retired Employees. The Employer agrees to make available group plans for health insurance (including HMOs as allowed by the terms of the local HMO. plans offered by the Employer) and life insurance for employees retired under any Florida or local Retirement Plan. However, in no case will any insurance provision for retirees be adopted which has any adverse impact upon active employee premiums. The Insurance Committee shall study the costs of expanding group life insurance coverage to retired employees to determine any adverse impact upon active employee premiums. Employees wishing to participate in this program must apply and submit payment of the first premium no later than the 25th of the month prior to termination of coverage in the active employee group. Employees, who do not apply within this period, may be admitted to the group only upon submission of satisfactory proof of insurability. The health insurance premium will be the same as the Employer contributes for active employees to age 65. Those who are enrolled and covered under the provisions of Medicare Parts A and B may continue coverage beyond age 65 by paying a premium for Medicare supplement coverage or continue to participate in the active employee plan. A provision for group life insurance for retired employees shall be incorporated into any bid for group life insurance made during the term of this contract. In the case where two (2) married employees are retired from the School Board, one (1) retiree may carry the spouse as a dependent on the health plan, and that dependent may convert to single coverage under the plan without proof of insurability upon the death of the other, providing that there is no break in coverage. Retirement shall be construed as receiving benefits under any Florida or Local Retirement Plan.
Insurance for Retired Employees. The Employer agrees to make available group plans for health insurance (including HMOs if available in the group benefit package offered by the Employer) and life insurance for employees retired under any Florida or local Retirement Plan. However, in no case will any insurance provision for retirees be adopted which has any adverse impact upon active employee premiums. The Insurance Committee shall study the costs of expanding group life insurance coverage to retired employees to determine any adverse impact upon active employee premiums. The health insurance premium will be the same as the Employer contributes for active employees to age 65. Those who are enrolled and covered under the provisions of Medicare Parts A and B may continue coverage beyond age 65 by paying a premium for Medicare supplement coverage or continue to participate in the active employee plan. A provision for group life insurance for retired employees shall be incorporated into any bid for group life insurance made during the term of this contract. In the case where two (2) married employees are retired from the School Board, one (1) retiree may carry the spouse as a dependent on the health plan, and that dependent may convert to single coverage under the plan without proof of insurability upon the death of the other, providing that there is no break in coverage. Retirement shall be construed as receiving benefits under any Florida or Local Retirement Plan.
Insurance for Retired Employees. The Employer agrees to make available group plans for health insurance (including HMOs as allowed by the terms of the local HMO plans offered by the Employer) and life insurance for employees retired under any Florida or local Retirement Plan. However, in no case will any insurance provision for retirees be adopted which has any adverse impact upon active employee premiums. Those who are enrolled and covered under the provisions of Medicare Parts A and B may continue coverage beyond age 65 by paying a premium for Medicare supplement coverage. A provision for group life insurance for retired employees shall be incorporated into any bid for group life insurance made during the term of this contract. In the case where two (2) married employees are retired from the School Board, one
(1) retiree may carry the spouse as a dependent on the health plan, and that dependent may convert to single coverage under the plan without proof of insurability upon the death of the other, providing that there is no break in coverage. Retirement shall be construed as receiving benefits under any Florida or Local Retirement Plan.
Insurance for Retired Employees. The Employer agrees to make available group plans for health insurance and life insurance for retired employees.
a. Employees wishing to participate in this program must apply and submit proper authorization to Employee Benefits department or their third party administrator.
b. As stated in Florida Statute, the health insurance premium will be equal to the cost for active employees. Those who are enrolled and covered under the provisions of Medicare Parts A and B may continue coverage beyond Age 65 by paying a premium for the coverage selected.
c. Group term life insurance will be made available in the amount of basic insurance furnished by the Employer for active employees. In addition to the group life insurance referenced above, supplemental insurance may be continued by converting to an individual term or whole life policy.
Insurance for Retired Employees. The Employer agrees to make available group plans for health insurance (including HMOs as allowed by the terms of the local HMO plans offered by the Employer) and life insurance for employees retired under any Florida or local Retirement Plan. However, in no case will any insurance provision for retirees be adopted which has any adverse impact upon active employee premiums. Employees wishing to participate in this program must apply and submit payment of the first premium no later than the 25th of the month prior to termination of coverage in the active employee group. Employees, who do not apply within this period, may be admitted to the group only upon submission of satisfactory proof of insurability. The health insurance premium will be the same as the Employer contributes for active employees to age 65. Those who are enrolled and covered under the provisions of Medicare Parts A and B may continue coverage beyond age 65 by paying a premium for Medicare supplement coverage or continue to participate in the active employee plan. A provision for group life insurance for retired employees shall be incorporated into any bid for group life insurance made during the term of this contract. In the case where two (2) married employees are retired from the School Board, one
(1) retiree may carry the spouse as a dependent on the health plan, and that dependent may convert to single coverage under the plan without proof of insurability upon the death of the other, providing that there is no break in coverage. Retirement shall be construed as receiving benefits under any Florida or Local Retirement Plan.
Insurance for Retired Employees. The health insurance premium will be the same as the Employer contributes for active employees to age 65. Those who are enrolled and covered under the provisions of Medicare Parts A and B may continue coverage beyond age 65 by paying a premium for Medicare supplement coverage. or continue to participate in the active employee plan. A provision for group life insurance for retired employees shall be incorporated into any bid for group life insurance made during the term of this contract.
Insurance for Retired Employees. Any Union member who elects to retire and is at least 55 years of age and has the combination of age and years of service totaling 75, may remain in the City’s health insurance plan with the premiums fully paid by the City. It is fully understood that upon the death of the retired employee, the surviving spouse and dependents may remain in the group policy under the conditions set forth above which were in effect at the time of the employee’s retirement. This privilege shall terminate if the surviving spouse remarries. This privilege shall also terminate for the dependent survivors when they are no longer meet the age and eligibility requirements for coverage under the policy. Also, any retiree covered under the above provisions who takes employment with any other employer providing medical-hospital insurance coverage equivalent to the City’s insurance plan shall be taken off the City’s coverage while so employed, on condition that such retiree shall be immediately reinstated under the City’s plan upon notice that employment with such subsequent employer has been terminated. All other retirees not covered by the above provisions may remain in the City’s health plan in accordance with the terms listed above, provided they and/or their surviving spouses and dependents pay the full premium for such health insurance coverage at the City’s premium rate. Eligible retirees as of June 1, 1994 shall not be transferred into the Partnership Health Care Plan as described in Section A, unless said employee exercises the option to transfer out of the Blue Cross/Blue Shield Series 2000 equivalent. This option must be exercised by July 1, 1994 and no retiree may transfer into the MEI comprehensive plan after that date.
Insurance for Retired Employees. Retiring regular full-time employees will be continued in the group hospital-medical-surgical insurance plan and will be insured pursuant to the following: Any full-time, regular employee who elects to retire and is at least 55 years of age and has the combination of age and years of service totaling 75, may remain in the City’s health insurance plan with the premiums fully paid by the City. Upon the death of the retired full-time employee, the surviving spouse and dependents may remain in the group policy under the conditions set forth above which were in effect at the time of the employee’s retirement. This privilege shall terminate if the surviving spouse remarries or becomes employed. This privilege shall also terminate for the dependent survivors when they no longer meet the age and eligibility requirements for coverage under the policy. Also, any retiree covered under the above provisions who takes employment with any other employer providing medical-hospital-surgical coverage equivalent to the City’s insurance plan shall be taken off the City’s coverage while so employed, on condition that such retiree shall be immediately reinstated under the City’s plan upon notice that employment with such subsequent employer has been terminated. All other retirees not covered by the above provisions may remain in the City’s health plan in accordance with the terms listed above, provided they and/or their surviving spouses and dependents pay the full premiums for such health insurance coverage at the City’s premium rate. Death/Disability Only Any age 15 & over City pays full premium Any age 10 thru 14 City pays half premium Any age 5 thru 9 Employee pays full premium Upon the death of any active or disabled (as determined by the Wisconsin Retirement Fund) full-time employee, the surviving spouse and dependents may remain in the group policy under the conditions concerning death and disability set forth above which were in effect at the time of the employee’s death or disability retirement. This privilege shall terminate if the surviving spouse remarries or becomes employed. This privilege shall also terminate for the dependent survivors when they no longer meet the age and eligibility requirements for coverage under the policy, or the Wisconsin Retirement Fund determines that the disabled employee is no longer entitled to a disability pension. It is also understood that the above disability provisions shall not apply if the disability is incurred due to performin...
Insurance for Retired Employees. 1. The School Board agrees to make available group plans for health insurance and life insurance for retired employees, as required by Florida Statutes.
2. Employees wishing to participate in this program must apply and submit proper authorization to Employee Benefits department or their third party administrator prior to the determination of coverage in the active employee’s plan.
3. The health insurance premium will be the same as the Board approved rates for active employees to Age 65. Retirees must enroll in Medicare Parts A and B when eligible. Those who are enrolled and covered under the provisions of Medicare Part A and B may continue coverage beyond Age 65 by paying a premium for Medicare Advantage/Supplement coverage.
4. Subject to approval by the insurance carrier, the group life insurance will be made available in the amount of basic insurance furnished by the School Board for active employees. The premium rate will be the same as paid by the Board.
