Other Retirement Information Sample Clauses

Other Retirement Information. A. To be considered a retiree, an employee must meet one of the following minimum retirement requirements: 1. Has attained at least 62 years of age and has completed 15 years of service, OR 2. Has completed 25 years of service at any age. B. Employees meeting the minimum retirement requirements will remain eligible to maintain group health and dental care and receive the Employer's proportional contribution. C. Employees participating in the Employee-Paid Life plan at the time of retirement and who were enrolled prior to July 1, 1976, shall receive a $2,000 life plan benefit fully paid by the Employer.
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Other Retirement Information. A. To be considered a retiree, an employee must meet one of the following minimum retirement requirements: 1. Has attained at least 62 years of age and has completed 15 years of service, OR 2. Has completed 25 years of service at any age. B. Employees hired prior to July 1, 2002 and meeting the minimum retirement requirements will remain eligible to maintain group health and dental care for the employee, spouse and dependents and receive the Employer's proportional contribution. Employees hired prior to July 1, 2002 and meeting the minimum retirement requirements on or before January 1, 2009 and who identified an Other Eligible Individual prior to January 1, 2009, will be eligible to maintain group health and dental care for the Other Eligible Individual and receive the Employer’s proportional contribution. C. Retiree health care and dental plan coverage for regular employees hired on and after July 1, 2002, but prior to July 1, 2010. 1. Upon official retirement from MSU (age 62 with at least 15 years of service credit or 25 years of service credit at any age), an official retiree may then enroll (or continue enrollment) in the health care and dental plan coverage available to MSU retirees. MSU will contribute, only for the official MSU retiree, 100% of the University contribution (excluding any Medicare premiums) toward the lowest cost MSU health care and dental plan. Enrollment in MSU health care and dental plan coverage may be continued for any eligible spouse, Other Eligible Individual and/or dependent(s) if the official MSU retiree pays the full applicable premium cost for the coverage. 2. In the event of the death of an official MSU retiree, or an employee who meets the requirements to be an official MSU retiree, the surviving spouse, Other Eligible Individual, and/or dependent(s), if any, may continue health care and dental plan coverage through MSU by paying the full applicable premium cost. If there is no surviving spouse or Other Eligible Individual, eligible dependents may elect COBRA continuation coverage, if applicable. The surviving spouse or Other Eligible Individual cannot subsequently add a new spouse or Other Eligible Individual and/or dependent(s) to their MSU health care and dental plan coverage. D. Employer contributions for retiree health and dental plan coverage are not provided for employees hired on or after July 1, 2010. 1. Retiree Access to MSU Health Care and Dental Plan Upon official retirement from MSU (age 62 with at least 15...
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Other Retirement Information. Effective July 1, 2015, for benefits eligible employees hired on or after July 1, 2010 the University will, upon hire, contribute 0.5% (one-half percent) of the employee’s retirement eligible earnings into a separate employer contribution account within the existing MSU 403(b) Retirement Plan on a pay period basis until one hundred twenty (120) vacation service months are reached; after one hundred twenty (120) vacation service months of service the University’s contribution increases to 0.75% (three-quarter percent) of retirement eligible earnings.
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Other Retirement Information. 363 Additional MSU 403(b) Base Retirement Program Contribution for Employees hired on or after July 1, 2010. ‐364 For regular Employees hired on or after July 1, 2010, the Employer will make additional contributions to the MSU 403(b) Base Retirement Program as set forth below. Effective January 1, 2016, for benefits eligible Employees whose most recent hire date is on or after July 1, 2010 the University will, upon hire, contribute 0.5 % (one‐half percent) of the Employee’s retirement eligible earnings into a separate Employer contribution account within the MSU 403(b) Retirement Plan on a pay period basis until one hundred twenty (120) vacation service months are reached; after one hundred twenty (120) vacation service months the University’s contribution increases to 0.75% per pay period (three‐quarter percent) of retirement eligible earnings.
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Related to Other Retirement Information

  • Other Retirement Gratuities A Teacher is not eligible to receive any non-sick leave credit retirement gratuity (such as, but not limited to, service gratuities or RRSP contributions) after August 31, 2012.

  • Public Employees Retirement System “PERS”) Members.

  • Payment Information The Authority shall issue a purchase order to the Contractor prior to commencement of the Service.

  • Participant Information My address is: My Social Security Number is:

  • Sharing of Participant Information 20 7.4 REPORTING AND DISCLOSURE AND COMMUNICATIONS TO PARTICIPANTS..................................................20 7.5 NON-TERMINATION OF EMPLOYMENT; NO THIRD-PARTY BENEFICIARIES.................................................20 7.6

  • Grant Information The attached Budget contains the Grant Information. PEI may use a Notice of Award to announce, modify, or clarify the annual Grant budget, source of funding, Performance Measures, Quality Incentive Project (QIP) terms, or other Grant requirements.

  • Former Employer Information I agree that I will not, during my employment with the Company, improperly use or disclose any proprietary information or trade secrets of any former or concurrent employer or other person or entity and that I will not bring onto the premises of the Company any unpublished document or proprietary information belonging to any such employer, person or entity unless consented to in writing by such employer, person or entity.

  • Death, Retirement or Disability Executive’s employment shall terminate automatically upon Executive’s death or Retirement during the Employment Period. For purposes of this Agreement, “Retirement” shall mean normal retirement as defined in the Company’s then-current retirement plan, or if there is no such retirement plan, “Retirement” shall mean voluntary termination after age 65 with ten years of service. If the Company determines in good faith that the Disability of Executive has occurred during the Employment Period (pursuant to the definition of Disability set forth below), it may give to Executive written notice of its intention to terminate Executive’s employment. In such event, Executive’s employment with the Company shall terminate effective on the 30th day after receipt of such written notice by Executive (the “Disability Effective Date”), provided that, within the 30 days after such receipt, Executive shall not have returned to full-time performance of Executive’s duties. For purposes of this Agreement, “Disability” shall mean a mental or physical disability as determined by the Board of Directors of the Company in accordance with standards and procedures similar to those under the Company’s employee long-term disability plan, if any. At any time that the Company does not maintain such a long-term disability plan, “Disability” shall mean the inability of Executive, as determined by the Board, to perform the essential functions of his regular duties and responsibilities, with or without reasonable accommodation, due to a medically determinable physical or mental condition which has lasted (or can reasonably be expected to last) for twelve workweeks in any twelve-month period. At the request of Executive or his personal representative, the Board’s determination that the Disability of Executive has occurred shall be certified by two physicians mutually agreed upon by Executive, or his personal representative, and the Company. Failing such independent certification (if so requested by Executive), Executive’s termination shall be deemed a termination by the Company without Cause and not a termination by reason of his Disability.

  • Notification of Employees A. Written notice of layoff shall be given to an employee or sent by mail to the last known mailing address at least fourteen (14) calendar days prior to the effective date of the layoff. Notices of layoff shall be served on employees personally at work whenever practicable. B. It is the intent of the parties that the number of layoff notices initially issued shall be limited to the number of positions by which the work force is intended to be reduced. Additional notices shall be issued as other employees become subject to layoff as a result of employees exercising reduction rights under Section 5. C. The notice of layoff shall include the reason for the layoff, the proposed effective date of the layoff, the employee's hire date, the employee's layoff points, a list of classes in the employee's occupational series within the layoff unit, the employee's rights under Sections 5. and 6. and the right of the employee to advise the County of any objection to the content of the layoff notice prior to the proposed effective date of the layoff.

  • Federal Award Information A. Xxxxxxx’s Unique Entity Identifier is: RAL3P961PPE3 B. Federal funding under this Grant Agreement is a subaward under the following federal award.

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