Common use of LIFE INSURANCE AT RETIREMENT Clause in Contracts

LIFE INSURANCE AT RETIREMENT. Commencing July 1, 1995, and upon subsequent retirement with a City pension, each eligible employee shall be entitled to a group life insurance valued at $10,000. The entire cost of premiums for same shall be assumed and paid by the City of Madison Heights. No retiree life insurance will be provided for employees hired from outside the City’s workforce on or after July 1, 2011.

Appears in 3 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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LIFE INSURANCE AT RETIREMENT. Commencing July 1, 1995, and upon subsequent retirement with a City pension, each eligible employee shall be entitled to a group life insurance valued at $10,000. The entire cost of premiums for same shall be assumed and paid by the City of Madison Heights. No retiree life insurance will be provided for employees hired from outside the City’s workforce on or after July 1, 2011.

Appears in 3 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

LIFE INSURANCE AT RETIREMENT. Commencing July 11st, 19951976, and upon subsequent retirement with a City pension, each eligible employee shall be entitled to a group life insurance valued at $10,0002,500. The entire cost of premiums for same shall be assumed and paid by the City of Madison Heights. Effective with retirements on or after July 1, 1995, the retiring employee shall be entitled to group life insurance valued at $10,000. No retiree life insurance will be provided for employees hired from outside the City’s workforce on or after July 1, 2011.

Appears in 3 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

LIFE INSURANCE AT RETIREMENT. Commencing July 1, 19951996, and upon a subsequent retirement with a City pension, each eligible employee shall be entitled to a group life insurance Group Life Insurance policy valued at $10,000. The entire cost of premiums for same same, shall be assumed and paid for by the City of Madison Heights. No Effective August 22, 2011 retiree life insurance will shall be provided eliminated for employees hired from outside the City’s workforce on or retirees who retire after July 1August 22, 2011.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

LIFE INSURANCE AT RETIREMENT. Commencing July 1, 1995, and upon subsequent retirement with a City pension, each eligible employee shall be entitled to a group life insurance policy valued at $10,00010,000.00. The entire cost of premiums for same shall be assumed and paid by the City of Madison Heights. No Effective September 12, 2011 retiree life insurance will shall be provided eliminated for employees hired from outside the City’s workforce on or after July 1, 20112009.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

LIFE INSURANCE AT RETIREMENT. Commencing July 1, 1995, and upon subsequent retirement with a City pension, each eligible employee shall be entitled to a group life insurance valued at $10,000. The entire cost of premiums for same shall be assumed and paid by the City of Madison Heights. No retiree life insurance will be provided for employees hired from outside the City’s workforce on or after July 1, 2011.

Appears in 1 contract

Samples: Master Agreement

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LIFE INSURANCE AT RETIREMENT. Commencing July 11st, 1976, and upon retirement with a City pension, each employee shall be entitled to a group life insurance valued at $2,500.00. The entire cost of premiums for same shall be assumed and paid by the City of Madison Heights. Commencing July 1st, 1995, and upon subsequent retirement with a City pension, each eligible employee shall be entitled to a group life insurance valued at $10,000. The entire cost of premiums for same shall be assumed and paid by the City of Madison Heights. No retiree life insurance will be provided for employees hired from outside the City’s workforce on or after July 1, 2011.

Appears in 1 contract

Samples: Master Agreement

LIFE INSURANCE AT RETIREMENT. Commencing July 1, 19951996, and upon a subsequent retirement with a City pension, each eligible employee shall be entitled to a group life insurance Group Life Insurance policy valued at $10,000. The entire cost of premiums for same same, shall be assumed and paid for by the City of Madison Heights. No retiree life insurance will be provided for employees hired from outside the City’s workforce on or after July 1, 2011.

Appears in 1 contract

Samples: Master Agreement

LIFE INSURANCE AT RETIREMENT. Commencing July 1, 1995, and upon subsequent retirement with a City pension, each eligible employee shall be entitled to a group life insurance policy valued at $10,00010,000.00. The entire cost of premiums for same shall be assumed and paid by the City of Madison Heights. No Effective September 12, 2011 retiree life insurance will shall be provided eliminated for employees hired from outside the City’s workforce on or after July 1, 20112009.

Appears in 1 contract

Samples: Master Agreement

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