Part-time Retiree Coverage Sample Clauses

Part-time Retiree Coverage. 1. Effective August 1, 2002 the Employer began providing will provide health insurance coverage to all part-time employees, not covered by a Union plan, who retire on or after that date. This section will not apply to any employee who retires on or after January 1, 2014. To the extent coverage would have been available under this Section 4, the employee instead shall be eligible for retiree coverage through the Central States Health & Welfare Plan. 2. To be eligible for the coverage, the part-time employee must (I) not be eligible for Medicare;
Sample 1
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Part-time Retiree Coverage. 1. Effective August 1, 2002 the Employer began providing health insurance coverage to all part- time employees, not covered by a Union plan, who retire on or after that date. This section will not apply to any employee who retires on or after January 1, 2014. To the extent coverage would have been available under this Section 4, the employee instead shall be eligible for retiree coverage through the Central States Health & Welfare Plan. 2. To be eligible for the coverage, the part-time employee must (I) not be eligible for Medicare; (II) meet the same age and service requirements as that of a full-time employee in this agreement and at a minimum, be at least fifty-five (55) years of age with a minimum of twenty-five (25) years of part- time service as defined in the UPS Pension Plan; (III) be covered as an active employee by a UPS administered health care plan for part-time employees at the time of retirement and; (IV) not a part-time employee because of a voluntary bid to part-time status in the five (5) years prior to retirement. 3. A retiree’s legal spouse is also eligible for coverage if they are not eligible for Medicare and is under age 65. 4. Coverage and benefit levels shall be as specified in the Summary Plan Description.
Sample 1

Related to Part-time Retiree Coverage

  • Benefit Coverage The Company agrees to provide pension and welfare benefits as described in the Company Booklets, benefit plan documents or policies of insurance for the duration of the Agreement.

  • Employee Coverage For employee dental coverage, the Employer contributes an amount equal to the lesser of ninety percent (90%) of the employee premium of the State Dental Plan, or the actual employee premium of the dental plan chosen by the employee. However, for calendar years beginning January 1, 2019, the minimum employee contribution shall be thirteen dollars and fifty cents ($13.50) per month.

  • Part-Time Benefits time employee shall receive in lieu of all fringe benefits (being those benefits to an employee, paid in whole or in part by the hospitals, as part of direct compensation or otherwise, including holiday pay, save and except salary, vacation pay, standby pay, call-in pay, responsibility pay, jury and witness duty, bereavement leave, and pregnancy and parental supplemental unemployment benefits) an amount equal to 14% of his regular straight time hourly rate for all straight time hours paid. For part-time employees who are members of the Hospital's pension plan the percentage in lieu of fringe benefits is twelve percent (12%).

  • Part-Time Nurse is a Nurse hired to a position to work on a regular or temporary basis that is less than the work period of a Full-Time Nurse.

  • Life Coverage Paragraph 1: The Board shall provide a group term life coverage in the sum of

  • Defined Benefit Pension Plans The Borrower will not adopt, create, assume or become a party to any defined benefit pension plan, unless disclosed to the Lender pursuant to Section 5.10.

  • Life Insurance Coverage a. Forty Thousand ($40,000) Dollars life insurance policy with AD&D from an insurance carrier selected by the Board, subject to the provisions of this section. b. Employees who have Board-provided term life insurance shall have a thirty- one (31) day conversion right upon termination of employment. Any employee electing the right to conversion in order to keep term life insurance in force, must contact the insurance carrier within thirty-one (31) days of the last day of employment. c. The life insurance policy shall pay to the employee’s beneficiary the aforementioned sum within the underwriting rules and regulations as set forth by the insurance carrier.

  • Part-Time Employees Employees who are scheduled to work less than forty (40) hours per workweek.

  • Dependent Coverage For dependent dental coverage, the Employer contributes an amount equal to the lesser of fifty (50) percent of the dependent premium of the State Dental Plan, or the actual dependent premium of the dental plan chosen by the employee.

  • COBRA Coverage Subject to Section 3(d), the Company will provide COBRA Coverage until the earliest of (A) a period of twelve (12) months from the date of the Executive’s termination of employment, (B) the date upon which the Executive (and the Executive’s eligible dependents, as applicable) becomes covered under similar plans, or (C) the date upon which the Executive ceases to be eligible for coverage under COBRA.

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