Normal Age and Service Retirement Sample Clauses

Normal Age and Service Retirement. The Employer will make available the following retiree health insurance benefit at no cost to the retiree for all employees and their spouses: Blue Cross/Blue Shield, or equal to Blue Cross/Blue Shield, for employee and spouse - Comprehensive Hospital Certificate XXX-x, X00XX, ML, $2.00 Rx, MM#2. Effective as soon as practical after ratification of the successor agreement to the 93-96 agreement, the prescription rider shall be Preferred Rx with PD MAC. Effective as soon as practical after ratification of the successor agreement to the 96-99 agreement for employees who retire after this date, the Blue Cross/Blue Shield Traditional master medical co-payment shall be changed from 10% to 20% and the drug prescription deductible will be changed from $2.00 to $5.00 for generic drugs and $10.00 for non-generic drugs. Riders RM, Routine Mammograms, and RPS, Routine Pap Smear shall be added. The Mandatory Second Surgical Opinion will be changed to the Voluntary Second Surgical Opinion Rider known as PCS1 for retirees carrying Blue Cross/Blue Shield Traditional health insurance so long as the carrier offers it. Effective upon ratification of the agreement by both parties dated 11/7/08: The Prescription Drug Co-Pay for all plans for active employees and individuals who retire after the ratification of the agreement by both parties shall be $5 generic and $10 brand (whether or not there is a generic equivalent). For participants in an HMO, members will pay the Brand Drug Co-payment when a physician requests a Brand Drug as “Dispensed as Written” and a Generic equivalent is available. Members who request a Brand Drug when a Generic Drug is available will be responsible to pay the Generic Co-payment plus the difference between the cost of the Generic equivalent and the Brand Drug where this is required by HMO rules. After the ratification of the agreement by both parties, there will be a 30- day open enrollment for health insurance. Employees who retire after the ratification of the contract by both parties shall be able to participate in the annual open enrollment selection of health care providers for retirees. The selection currently comprises Traditional BC/BC, HAP, M-CARE and Blue Cross PPO. The selection is subject to change at the sole discretion of the City. For employees who retired or retire after 7/1/93 the health insurance coverage shall include dependents of retired members through age 19 and, if full-time students through age 25. Coverage for these depende...
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Normal Age and Service Retirement. (a). Subject to the provision of this Section 28.4, the Employer will make available the following retiree health insurance benefit for all Employees and their spouses (Spouses shall be understood to include spouses receiving a pension pursuant to Section 37.7): Blue Cross/Blue Shield, or equal to Blue Cross/Blue Shield, for Employee and spouse - Comprehensive Hospital Certificate XXX-0, X00XX, ML, $2.00 Preferred RX with PD MAC, MM#2, xxxxx XX, Routine Mammogram and rider RPS, Routine Pap Smear. Effective upon the ratification of the agreement by both parties [11/24/08]: The Prescription Drug Co-Pay for all plans for active employees and individuals who retire after 12/31/08 shall be $5 generic and $10 brand (whether or not there is a generic equivalent). For participants in an HMO, members will pay the Brand Drug Copayment when a physician requests a Brand Drug as “Dispensed as Written” and a Generic equivalent is available. Members who request a Brand Drug when a Generic Drug is available will be responsible to pay the Generic Copayment plus the difference between the cost of the Generic equivalent and the Brand Drug where this is required by HMO rules. After the ratification of the agreement by both parties, there will be a 30-day open enrollment for health insurance. Employees who retire after the ratification of the contract by both parties shall be able to participate in the annual open enrollment selection of health care providers for retirees. The selection currently comprises Traditional BC/BC, HAP, M-CARE and Blue Cross PPO. The selection is subject to change at the sole discretion of the City. For employees who retired or retire after 7/1/92 the health insurance coverage shall include dependents of retired members through age 19 and, if full-time students through age 25. Coverage for these dependents shall be based on the same criteria and conditions as dependents of active employees. Coverage shall begin upon completion of the enrollment procedures and shall apply to claims occurring after enrollment. In the event of eligibility for Medicare Insurance, the retiree and/or his spouse shall make application for said insurance. The Employer shall then provide a hospitalization and medical insurance program to supplement Medicare to equal the hospitalization and medical insurance coverage as provided above.
Normal Age and Service Retirement. The Employer will make available the following retiree health insurance benefit at no cost to the retiree for all Command Officers and their spouses: Blue Cross/Blue Shield, or equal to Blue Cross/ Blue Shield, for employee and spouse - Comprehensive Hospital Certificate MVF-I, D45NM, ML, $2.00 Rx, MM#2. Effective as soon as practical after the ratification of the contract by both parties, the prescription rider shall be Preferred Rx with PD MAC with a $2.00 deductible, riders RM, Routine Mammograms, and RPS, Routine Pap Smear shall be added. Effective upon the ratification of the agreement by both parties [2/17/09]: The Prescription Drug Co-Pay for all plans for active employees and individuals who retire after the ratification of the agreement by both parties shall be $5 generic and $10 brand (whether or not there is a generic equivalent). For participants in an HMO, members will pay the Brand Drug Co-payment when a physician requests a Brand Drug as “Dispensed as Written” and a Generic equivalent is available. Members who request a Brand Drug when a Generic Drug is available will be responsible to pay the Generic Co-payment plus the difference between the cost of the Generic equivalent and the Brand Drug where this is required by HMO rules. After the ratification of the agreement by both parties, there will be a 30-day open enrollment for health insurance. Employees who retire after the ratification of the contract by both parties shall be able to participate in the annual open enrollment selection of health care providers for retirees. The selection currently comprises Traditional BC/BC, HAP, M-CARE and Blue Cross PPO. The selection is subject to change at the sole discretion of the City. In the event of eligibility for Medicare Insurance, the retiree shall make application for said insurance. The Employer shall then provide a hospitalization and medical insurance program to supplement Medicare to equal the hospitalization and medical insurance coverage as provided above. Effective upon ratification by both parties, for employees who retired or retire after 7/1/93 the health insurance coverage shall include dependents of retired members through age 19 and, if full-time students through age 25. Coverage for these dependents shall be based on the same criteria and conditions as dependents of active employees. Coverage shall begin upon completion of the enrollment procedures and shall apply to claims occurring after enrollment.

Related to Normal Age and Service Retirement

  • Public Employees Retirement System “PERS”) Members. For purposes of this Section 1, “employee” means an employee who is employed by the State on August 28, 2003 and who is eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • Normal Retirement Age Normal Retirement Age shall mean the date on which the Executive attains age sixty-five (65).

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