Common use of Medical Insurance (Retirees) Clause in Contracts

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). B. The City’s contribution/reimbursement limit for a retiree’s medical insurance is defined by the City’s contribution/reimbursement limit in effect on the date of retirement, as established by the Agreement in place at the time of the employee’s retirement. Notwithstanding any other provision in this Agreement, at no time shall the City’s contribution/reimbursement toward retiree medical exceed the retiree-medical contribution/reimbursement cap in place in the Agreement in effect at the time of employee’s retirement.

Appears in 4 contracts

Samples: Employment Agreement, Employment Agreement, Employment Agreement

AutoNDA by SimpleDocs

Medical Insurance (Retirees). A. Eligibility to participate under the terms of this section is not provided for those employees retiring under a disability pensionpensions, except as required by COBRA (also see Section 7.02. COBRA). B. The City’s contribution/reimbursement limit for a retiree’s medical insurance is defined by the City’s contribution/reimbursement limit in effect on the date of retirement, as established by the Agreement in place at the time of the employee’s retirement. Notwithstanding any other provision in this Agreement, at no time shall the City’s contribution/reimbursement toward retiree medical exceed the retiree-medical contribution/reimbursement cap in place in the Agreement in effect at the time of employee’s retirement.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!