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.
17 A Regular Full-time Employee covered by this agreement, and those Regular 18 Full-time Employees on any District reemployment list, hired before July 1, 19 2011, who attains age 58 and retires from active service under the State Public 20 Employees’ Retirement System provisions after ten (10) years of continuous 21 service in the District shall be entitled to medical insurance benefit coverage as 1 July 1, 2011, who attain age 58, retire under the State Public Employees’
Medical Insurance Upon Retirement. 7.4.1 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 is modified to reflect increased City RSHP contributions and increased sick leave accruals as follows:
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.
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:
1. Retire on or after 04-01-2019
2. Retire with a minimum of fifteen (15) years of credited service with the NFTA
3. Retiree loses his/her eligibility if he/she becomes employed or re-employed and becomes eligible for medical benefits as a result of this employment Upon death of the retiree, their surviving spouse will be eligible for the NFTA’s 50% premium of eighteen (18) months provided they retain their eligibility per the above listed conditions. After the eighteen (18) month period, the spouse may elect to remain in the NFTA’s retiree group and pay full cost of medical premium. At the time of retirement, eligible employees may redeem unused sick time toward their fifty percent (50%) share of the medical benefits cost or may opt out to use the cash value buy out, the value of which is equal to the cash equivalent of the schedule listed below. Employees who opt to use the cash value buy-out will not be eligible for medical insurance with the NFTA. 21 – 30 days three month’s premium cost 31 – 40 days four month’s premium cost 41 – 50 days five month’s premium cost 51 – 60 days six month’s premium cost 61 – 70 days seven month’s premium cost 71 – 80 days eight month’s premium cost 81 – 90 days nine month’s premium cost 91 – 100 days ten month’s premium cost 101 – 110 days eleven month’s premium cost 111 – 120 days twelve month’s premium cost 121 – 130 days thirteen month’s premium cost 131 – 140 days fourteen month’s premium cost 141 – 150 days fifteen month’s premium cost 151 – 160 days sixteen month’s premium cost 161 – 170 days seventeen month’s premium cost 171 – 180 days eighteen month’s premium cost 181 – 190 days nineteen month’s premium cost 191 – 200 days twenty month’s premium cost 201 – 210 days twenty-one month’s premium cost 211 – 220 days twenty-two month’s premium cost 221 – 230 days twenty-three month’s premium cost 231 – 240 days twenty-four month’s premium cost
A. Age Pre-65/Pre-Medicare Eligible Retirees
1. The HDHP 6312, $1,500 single, $3,000 family (deductible responsibility of the retiree(s))
2. The Traditional Blue POS 298 (POS 205)
3. The Traditional Blue PPO 812 Plan. Participation in the plans is subject to residing requirements established by the carrier, Blue Cross/Blue Shield of WNY. The Company will pay 50% of the monthly premium cost...
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.
4.2.2 For employees who were hired before July 1, 2006, with ten (10) or more years of service with the City of Woodland, who either retire and are eligible to receive benefits under the City's PERS plan or retire for disability under PERS shall be eligible for continued health and life insurance coverage subject to the following terms and conditions:
4.2.2.1 Employees 50 years old or older who separate from City service but postpone application to receive PERS retirement benefits must pay the premiums for any continued insurance coverage until the application for benefits is approved;
4.2.2.2 Retirees who are eligible for Medicare must enroll in Medicare or lose City Benefits as allowed by PEMHCA.
4.2.2.3 The parties agree that upon written notification by the City to the Association, the City and the Association agree to meet and confer through the impasse process to negotiate the City’s contribution related to Medicare eligible retirees.
4.2.2.3.1 Retirees who were hired prior to July 1, 2006, have a vested right to receive full medical insurance benefits in retirement equal to the total medical benefit provided to active employees. In the immediate case, such retirees shall receive the combined value of the medical benefit and the cafeteria plan benefit to equal the total benefit. In future cases, should the City again restructure its health care benefits, such retirees shall continue to receive the full value provided to active employees for health benefits irrespective of how they may subsequently be structured.
4.2.2.4 Life Insurance will be continued with the same benefit level and conditions as active employees except as adjusted according to the schedule outlined in the City's "Life Insurance Outline of Benefits" or in any modifications or other plans that replace the current plan.
4.2.2.5 Health Insurance coverage will be coordinated with Medicare when retirees become eligible. and
4.2.2.6 Dental, Vision and Long-Term Disability Benefits will not be offered or provided to retirees.
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.
4.2.2 For employees who were hired before July 1, 2006, with five (5) or more years of continuous City service who either retire and are eligible to receive benefits under the City's PERS plan or retire for disability under PERS shall be eligible for continued health and life insurance coverage subject to the following terms and conditions:
4.2.2.1 Employees 50 years old or older who separate from City service but postpone application to receive PERS retirement benefits must pay the premiums for any continued insurance coverage until the application for benefits is approved;
4.2.2.2 Insurance benefits levels to retirees will be equal to the schedule reflected in paragraph 4.2.1 above. Retirees who were hired before July 1, 2006, will receive a benefit equal to the "Total Benefit" reflected in 4.1 .4 above; however, provisions of paragraphs 4.12.1 and 4.12.2 do not apply to retired employees;
4.2.2.2.1 Retirees who were hired prior to July 1, 2006 have a vested right to receive full medical insurance benefits in retirement equal to the total medical benefit provided to active employees. In the immediate case, such retirees shall receive the combined value of the medical benefit and the cafeteria plan benefit to equal the total benefit. In future cases, should the City again restructure its health care benefits, such retirees shall continue to receive the full value provided to active employees for health benefits irrespective of how they may subsequently be structured.
4.2.2.3 Life Insurance will be continued with the same benefit level and conditions as active employees except as adjusted according to the schedule outlined in the City's "Life Insurance Outline of Benefits" or in any modifications or other plans that replace the current plan;
4.2.2.4 Health Insurance coverage will be coordinated with Medicare when retirees become eligible; and
4.2.2.5 Dental, Vision and Long-Term Disability Benefits will not be offered or provided to retirees.
4.2.3 Employees who were hired on or after July 1, 2006, will receive medical insurance benefits in retirement as follows:
4.2.3.1 Insurance benefits levels to retirees who were hired after July 1, 2006, will receive a benefit equal only to the "Medical Benefit" reflected in 4.1.3 above.
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.
B. Teachers retiring on or after September 1, 2008.
1. All teachers retired from the Central Falls Schools District shall be eligible to continue individual medical insurance coverage afforded in Article IX, Section 6 for said teacher by paying the full cost of the medical insurance premiums in effect in each ensuing year until the age of sixty-five (65). A retired teacher who has taught for at least eighteen (18) years in the Central Falls School District shall be eligible to purchase spouse or family coverage until the age of sixty-five (65) by paying the full cost of the medical insurance premiums in effect in each ensuing year.
2. A retired teacher who has taught for eighteen (18) to twenty-seven (27) years in the Central Falls School District shall be eligible to receive four (4) years of individual medical insurance coverage for said teacher afforded in Article IX, Section 6 of this contract upon retirement, subject to the premiums and cost-sharing in effect in each ensuing year. In addition, said 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 (50%) percent of the cost of the premiums in effect in each ensuing year. A retired teacher who has taught for at least eighteen (18) years in the Central Falls School District shall be eligible to purchase spouse or family coverage until the age of sixty-five (65) by paying the additional cost of the medical insurance premiums in effect in each ensuing year.
3. A retired teacher who has taught for at least twenty-...
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:
i. With no change in benefits, retirees can stay in any of the plans offered by the City, at the retiree’s own expense, for the maximum time period allowed by Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) Federal or State Law, or
ii. Retirees retiring after approval of this MOU may participate in the Retiree Subsidy Medical Plan, attached hereto as Exhibit B, or the Health Maintenance Organization (HMO) Plan currently being offered to retirees at the retiree’s own expense if the requirements set forth in Exhibit B are met, or if the retiree meets the eligibility requirements described in Exhibit B, the retiree may receive a subsidy from the City for retiree medical insurance pursuant to the schedule set forth in Exhibit B.
