Common use of Medical Insurance for Retirees Clause in Contracts

Medical Insurance for Retirees. The University will make available a medical insurance plan for official retirees hired prior to January 1, 2014 in the same manner and on the same basis as it applies to the University's other officials and retirees. An official retiree (including early retirees) for purposes of this benefit will be defined as any regular staff member who is employed by the University at the time of retirement, who is vested in a University sponsored retirement plan and whose years of University service and age total a minimum of 75. Coverage for the spouse or household member of the retiree or early retiree is available on the same basis as for other University official retirees. The University retains the right to modify or terminate this plan upon reasonable notice to staff and retirees and provided that the changes are the same for each staff member group. The University will notify the APSS of and discuss with the APSS changes prior to making the change.

Medical Insurance for Retirees. The University will make available a medical insurance plan for official retirees hired prior to January 1, 2014 in the same manner and on the same basis as it applies to the University's other officials and retirees. An official retiree (including early retirees) for purposes of this benefit will be defined as any regular staff member who is employed by the University at the time of retirement, who is vested in a University sponsored retirement plan and whose years of University service and age total a minimum of 75. Coverage for the spouse or household member of the retiree or early retiree is available on the same basis as for other University official retirees. The University retains the right to modify or terminate this plan upon reasonable notice to staff and retirees and provided that the changes are the same for each staff member group. The University will notify the APSS of and discuss with the APSS changes prior to making the change.