Common use of Medicare Eligible Clause in Contracts

Medicare Eligible. For retirees who reach age 65 and are eligible for Medicare, the City will reimburse the cost of Medical Insurance Premiums for the retiree and/or surviving spouse/or domestic partner as follows: 4.2.2.2.1 Reimbursement Amount as of January 1, 2001: Effective January 1, 2001, each month after the retiree reaches age 65 and is eligible for Medicare, the City’s maximum reimbursement for the cost of Medical Insurance Premiums total $315.40 for two party coverage for the retiree and spouse or domestic partner or $157.70 for single party coverage. 4.2.2.2.2 Reimbursement Amount as of January 1, 2016: As of January 1, 2016, the City’s maximum reimbursement for the cost of Medical Insurance Premiums, which were increased in accordance with Section 4.2.1.4 (Annual Increase), totals $610.39 for two party coverage for the retiree and spouse or domestic partner or $305.19 for single party coverage.

Medicare Eligible. For retirees who reach age 65 and are eligible for Medicare, the City will reimburse the cost of Medical Insurance Premiums for the retiree and/or surviving spouse/or domestic partner as follows: 4.2.2.2.1 4.2.3.2.1 Reimbursement Amount as of January July 1, 20012006: Effective January July 1, 20012006, each month after the retiree reaches age 65 and is eligible for Medicare, the City’s maximum reimbursement for the cost of Medical Insurance Premiums total $315.40 for 393.05 per month (two party coverage for the retiree and spouse or domestic partner party) or $157.70 for 196.52 per month (single party coverageparty). 4.2.2.2.2 4.2.3.2.2 Reimbursement Amount as of January 1, 2016: As of January 1, 2016, the City’s maximum reimbursement for the cost of Medical Insurance Premiums, which were increased in accordance with Section 4.2.1.4 (Annual Increase), totals $610.39 for two party coverage for the retiree and spouse or domestic partner or $305.19 for single party coverage.