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 pensions, except as required by COBRA (also see Section 8.02. 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 MOU in place at the time of the employee’s retirement. Notwithstanding any other provision in this MOU, at no time shall the City’s contribution/reimbursement toward retiree medical exceed the retiree-medical contribution/reimbursement cap in place in the MOU in effect at the time of employee’s retirement.

Appears in 4 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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Medical Insurance (Retirees). A. Eligibility to participate under the terms of this section is not provided for those employees retiring under a disability pensions, except as required by COBRA (also see Section 8.029.02. 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 MOU in place at the time of the employee’s retirement. Notwithstanding any other provision in this MOU, at no time shall the City’s contribution/reimbursement toward retiree medical exceed the retiree-medical contribution/reimbursement cap in place in the MOU in effect at the time of employee’s retirement.

Appears in 1 contract

Samples: Memorandum of Understanding

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