Medical Insurance Upon Retirement Sample Clauses

Medical Insurance Upon Retirement. 4 All regular Full-time employees covered by this agreement, and those 5 Regular Full-time Employees on any District reemployment list, as of July 1, 6 2011, who at age 55, 56, or 57, retire from active service under the State Public 7 Employees’ Retirement System provisions after ten (10) years of continuous 8 service in the District shall be entitled to medical, vision, life, and dental 9 insurance benefit coverage, as provided for regular Full-time employees as 10 immediately prior to retirement. All Regular Full-time Employees hired after July 11 1, 2011, who at the age of 55, 56, or 57 retire under the State Public Employee’s 12 Retirement System provisions after fifteen (15) years of continuous service in the 13 District shall be entitled to medial, vision, life, and dental insurance coverage, as 14 provided for Regular Full-time Employees as immediately prior to retirement. 15 These benefits will cease for the employee and his/her dependents upon the death 16 of the employee or at age 65, whichever occurs first.
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Medical Insurance Upon Retirement is modified to reflect increased City RSHP contributions and increased sick leave accruals as follows:
Medical Insurance Upon Retirement. A. Teachers retiring under the 2005 – 2008 contract A teacher shall be eligible to receive five (5) years of individual medical insurance coverage afforded in Article IX, Section 6 of this contract upon retirement, subject to the premium cost-sharing in effect at the time of retirement. In addition, a teacher shall be eligible to receive two (2) years of individual medical insurance coverage afforded in Article IX, Section 6 of this contract, subject to payment of fifty percent (50%) of the cost of the premium. Teachers shall be eligible to continue individual medical insurance coverage by paying the full cost of the medical insurance premium until age sixty-five (65). A retired teacher shall be eligible to purchase, at full cost, spouse or family coverage until age sixty-five (65). A teacher must have taught at least ten (10) years in the District to be eligible for the above.
Medical Insurance Upon Retirement. Upon retirement, whether service or disability, each employee shall have the following options in regards to medical insurance under City-sponsored plans:
Medical Insurance Upon Retirement. An employee who attains age 55 and retires from active service in the Eastside Union School District under the State Teacher Retirement System provisions, after fifteen (15) years of continuous fulltime service in the District, shall be entitled to insurance benefit coverage to age 70 not to exceed the maximum annual District contribution for regular full-time employees subject to the conditions and provisions of the District's insurance program (if any).
Medical Insurance Upon Retirement. The Company will contribute toward medical insurance for eligible retirees as outlined in points A and B to be eligible for the 50% contribution, the retiree must meet the following conditions:
Medical Insurance Upon Retirement. As required by the Government Code, while the City is contracted with CalPERS to participate in the Public Employees' Medical and Hospital Care Act (PEMHCA) program, retired employees (annuitants) shall have available the ability to participate in the PEMHCA program. CalPERS shall be the sole determiner of eligibility for retiree (annuitant) to participate in the PEMHCA program. The City’s requirement to provide retirees (annuitants) medical coverage is solely governed by the Government Code requirement that PEMHCA agencies extend this benefit to retirees (annuitants). If by agreement between the Association and the City or if the City elects to impose termination of its participation in the PEMHCA program, retirees (annuitants) shall no longer be eligible for City provided medical insurance. In the event that the City terminates its participation in the PEMHCA program, the retiree medical subsidy program in place in Resolution No. 2002-120 Exhibit B to the Memorandum of Understanding shall be reinstated. The City shall make any necessary modifications to conform to the new City sponsored medical insurance plan.
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Medical Insurance Upon Retirement. 4.2.1 Employees who retire from the City may be eligible for Medical Insurance in accordance with the CalPERS Medical Plan. Dental, Vision and Long-Term Disability Insurance is not provided to retirees.

Related to Medical Insurance Upon Retirement

  • INSURANCE AND RETIREMENT Each teacher shall be entitled to fringe benefits provided by this agreement and by federal regulations provided by Cobra (Consolidated Omnibus Budget Reconciliation Act of 1985). These shall include but not be limited to the following:

  • 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.

  • State Disability Insurance (“SDI”) 215. Employees in the bargaining unit(s) covered by this agreement shall be enrolled in the State Disability Insurance Program. The cost of SDI will be paid by the employee through payroll deduction at a rate established by the State of California Employment Development Department.

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