Medical Insurance (Retirees) Sample Clauses

Medical Insurance (Retirees). A. Eligibility to participate under the terms of this section is not provided for those employees retiring under a disability pension, except as required by COBRA (also see Section 7.02. COBRA).
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Medical Insurance (Retirees). The City establishes 50 as the minimum age an employee must reach to be eligible for a normal service retirement. For the employee attaining the age of 50 with a minimum of 25 consecutive years of full-time service to the City (consecutive years of service defined to include all approved leave time), who otherwise qualifies for and receives a normal service retirement pursuant to the provisions of this MOU and any guiding procedures, rules, and regulations established by CalPERS, the City makes available the opportunity to continue comprehensive health benefits under the City’s group plans and group rates upon retirement. Failure by the retiree and/or dependent (spouse/qualified domestic partner) to maintain his/her portion of premium payments/contributions for City-provided medical, dental, and/or optical insurance plans, or failure to maintain active enrollment in City-provided dental and/or optical insurance plans shall disqualify the retired employee and/or his/her dependent from eligibility to participate in, or receive this benefit. The City contribution is for retiree-only or retiree-and-dependent medical insurance as allowed under this section. The City does not contribute to dental and/or optical insurance plans for the retiree and/or dependent. Eligibility to participate under the terms of this section is not provided for those employees retiring under disability provisions, except as required by COBRA (also see Article 8: Medical,
Medical Insurance (Retirees). The City establishes 50 as the minimum age an employee must reach to be eligible for a normal service retirement. For the employee attaining the age of 50 who otherwise qualifies for and receives a normal service retirement pursuant to the provisions of this MOU and any guiding procedures, rules, and regulations established by CalPERS, the City makes available the opportunity to continue comprehensive health benefits under the City's group plans and group rates upon retirement. Failure by the retiree to maintain his/her portion of premium payments/contributions for City-provided medical, dental, and/or optical insurance plans, or failure to maintain active enrollment in City- provided health insurance plans shall disqualify the retired employee from eligibility to participate in, or receive this benefit. The City contribution is for retiree-only medical insurance. The City does not contribute to dental and/or optical insurance plans for the retiree. Eligibility to participate under the terms of this section is not provided for those employees retiring under disability provisions, except as required by COBRA (also see Section 8.02.
Medical Insurance (Retirees). Retirees Prior to September 1, 1986
Medical Insurance (Retirees). Retiree medical benefits will be provided to eligible employees who retire from the City of Larkspur as provided below. For a current employee (hired before 9/1/08) who retires from the City of Larkspur (City), has completed 10 or more years of service with the City, and is collecting a PERS retirement benefit, the City will pay for the cost of Xxxxxx medical coverage for the employee. For a current employee (hired before 9/1/08) who retires from the City, has completed 15 or more years of service with City, and is collecting a PERS retirement benefit, the City will pay for the cost of Xxxxxx medical coverage for the employee and his/her spouse. To be eligible, the spousal relationship must have been documented with the City for at least 1 year before the employee retires from the City. For an employee hired after 9/1/08 who retires from the City, has completed 10 years of service with the City, and is collecting a PERS retirement benefit, the City will pay for the cost of Kaiser medical coverage for the employee only. Employees who do not qualify for City paid medical in retirement, as well as eligible dependents of retirees, are allowed access through the City, into the PERS medical plan after retirement, in accordance with the rules established by PERS. Such premiums will be paid for at the retiree’s expense.
Medical Insurance (Retirees). A. For employees hired on or after January 1, 2000:
Medical Insurance (Retirees) 
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Related to Medical Insurance (Retirees)

  • Medical Insurance Upon termination of employment, the Executive shall be entitled to all COBRA continuation benefits available under the Company's group health plans to similarly situated employees. To the extent permitted under Code Section 409A, during the applicable Payout Period, the Company shall provide such COBRA continuation benefits to the Executive at the active employee rates similarly situated employees must pay for such benefits. Upon the expiration of such Payout Period, the Executive will be responsible for paying the full COBRA premiums for the remaining COBRA continuation period.

  • Life Insurance No portion of your IRA may be invested in life insurance contracts.

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