Common use of Payment in Lieu of Coverage Clause in Contracts

Payment in Lieu of Coverage. An eligible retiree as of January 1, of any year, who is eligible for health insurance via another source and who executes an affidavit to that effect may elect not to be covered by the health insurance provided under this Article. The decision to waive coverage shall be made once per calendar year. A waiver agreement drafted by the County shall be executed by the retiree. In the event the retiree elects to forego health insurance, the County shall pay an amount up to twelve hundred dollars $1,200.00) directly to the retiree as taxable compensation. The payment shall be made on an annual basis, as soon as possible after the end of the calendar year. A retiree is eligible for full payment if they have been eligible for County paid health insurance for the prior twelve (12) month period and a new retiree is eligible for a pro-rated payment if they are eligible for County paid health insurance and have retired within the preceding twelve (12) month period. The provisions of this Sub-section (g) shall not apply to a husband and wife who are both retirees (or one employee and one retiree) of the County or of any of the Courts of Xxxxx County. A retiree losing health insurance coverage from another source shall notify the County Personnel Department in time so that the retiree and dependents, where appropriate, can be re-enrolled in a health care plan beginning the first day of the month following alternate coverage. No pre-existing condition requirement has to be met in this situation. The retiree shall be paid a pro-rated payment. Said payment shall be based on the number of months of full time service credited to a retiree from the preceding January 1. Payment shall be made as soon as possible after the end of the calendar year. Retirees eligible for payment in lieu of health insurance and who become deceased shall have a pro- rated payment made to their beneficiary (as determined by MERS). Said payment shall be made as soon as possible after the retiree’s death and shall be based on the number of months of full time service credited to the retiree from the preceding January 1. A retiree who obtains health insurance coverage from another source, and elects not to be covered by the County’s health insurance shall be paid a pro-rated payment. Said payment shall be based on the number of months of full time service credited to a retiree from the time they obtained the alternate coverage until January

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Payment in Lieu of Coverage. An eligible retiree as of employee that retires prior to January 1, 2021, and is also receiving payment in lieu of any yearcoverage under this section, who is shall continue to be eligible for health insurance via another source and who executes to receive the payment contained herein. That retiree shall have executed an affidavit prepared by the County to that effect may elect not to be covered by the health insurance provided under this Article. The decision to waive coverage shall be made once per calendar year. A waiver agreement drafted by the County shall be executed by the retiree. In the event the that retiree elects to forego health insurance, the County shall pay an amount up to twelve hundred dollars ($1,200.00) directly to the retiree them as taxable compensation. The payment shall be made on an annual basis, as soon as possible after the end of the calendar year. A retiree is eligible for full payment if they have been eligible for County paid health insurance for the prior twelve (12) month period and a new retiree is period. Employees who retire on or after January 1, 2021 shall not be eligible for a pro-rated payment if they are eligible for County paid health insurance and have retired within the preceding twelve (12) month periodin lieu of coverage upon retirement. The provisions of this Sub-section (gf) shall not apply to a husband and wife who are both retirees (or one employee and one retiree) of the County or of any of the Courts of Xxxxx County. A retiree losing health insurance coverage from another source shall notify the County Personnel Department in time so that the retiree and dependents, where appropriate, can be re-re- enrolled in a health care plan beginning the first day of the month following alternate coverage. No pre-existing condition requirement has to be met in this situation. The retiree shall be paid a pro-rated payment. Said payment shall be based on the number of months of full full-time service credited to a retiree from the preceding January 1. Payment shall be made as soon as possible after the end of the calendar year. Retirees eligible for payment in lieu of health insurance and who become deceased shall have a pro- pro-rated payment made to their beneficiary (as determined by MERS). Said payment shall be made as soon as possible after the retiree’s death and shall be based on the number of months of full full-time service credited to the retiree from the preceding January 1. A retiree who obtains health insurance coverage from another source, and elects not to be covered by the County’s health insurance shall be paid a pro-rated payment. Said payment shall be based on the number of months of full full-time service credited to a retiree from the time they obtained the alternate coverage until JanuaryJanuary 1. Payment shall be made as soon as possible after the end of the calendar year.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Payment in Lieu of Coverage. An eligible retiree as of employee that retires prior to January 1, 2022, and is also receiving payment in lieu of any yearcoverage under this section, who is shall continue to be eligible for health insurance via another source and who executes to receive the payment contained herein. That retiree shall have executed an affidavit prepared by the County to that effect may elect not to be covered by the health insurance provided under this Article. The decision to waive coverage shall be made once per calendar year. A waiver agreement drafted by the County shall be executed by the retiree. In the event the that retiree elects to forego health insurance, the County shall pay an amount up to twelve hundred dollars ($1,200.00) directly to the retiree them as taxable compensation. The payment shall be made on an annual basis, as soon as possible after the end of the calendar year. A retiree is eligible for full payment if they have been eligible for County paid health insurance for the prior twelve (12) month period and a new retiree is period. Employees who retire on or after January 1, 2022 shall not be eligible for a pro-rated payment if they are eligible for County paid health insurance and have retired within the preceding twelve (12) month periodin lieu of coverage upon retirement. The provisions of this Sub-section (gf) shall not apply to a husband and wife who are both retirees (or one employee and one retiree) of the County or of any of the Courts of Xxxxx County. A retiree losing health insurance coverage from another source source, shall notify the County Personnel Department in time so that the retiree and dependents, where appropriate, can be re-re- enrolled in a health care plan beginning the first day of the month following alternate coverage. No pre-existing condition requirement has to be met in this situation. The retiree shall be paid a pro-rated payment. Said payment shall be based on the number of months of full full-time service credited to a retiree from the preceding January 1. Payment shall be made as soon as possible after the end of the calendar year. Retirees eligible for payment in lieu of health insurance and who become deceased shall have a pro- pro-rated payment made to their beneficiary (as determined by MERS). Said payment shall be made as soon as possible after the retiree’s death and shall be based on the number of months of full full-time service credited to the retiree from the preceding January 1. A retiree who obtains health insurance coverage from another source, and elects not to be covered by the County’s health insurance shall be paid a pro-rated payment. Said payment shall be based on the number of months of full full-time service credited to a retiree from the time they obtained the alternate coverage until JanuaryJanuary 1. Payment shall be made as soon as possible after the end of the calendar year.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Payment in Lieu of Coverage. An eligible retiree as of January 1, 1 of any year, who is eligible for health insurance via another source and who executes an affidavit to that effect may elect not to be covered by the health insurance provided under this Article. The decision to waive coverage shall be made once per calendar year. A waiver agreement drafted by the County shall be executed by the retiree. In the event the retiree elects to forego health insurance, the County shall pay an amount up to twelve hundred dollars ($1,200.00) directly to the retiree as taxable compensation. The payment shall be made on an annual basis, as soon as possible after the end of the calendar year. A retiree is eligible for full payment if they have been eligible for County paid health insurance for the prior twelve (12) month period and a new retiree is eligible for a pro-rated payment if they are eligible for County paid health insurance and have retired within the preceding twelve (12) month period. The provisions of this Sub-section (g) shall not apply to a husband and wife who are both retirees (or one employee and one retiree) of the County or of any of the Courts of Xxxxx County. A retiree losing health insurance coverage from another source shall notify the County Personnel Department in time so that the retiree and dependents, where appropriate, can be re-re- enrolled in a health care plan beginning the first day of the month following the loss of alternate coverage. No pre-existing condition requirement has to be met in this situation. The retiree shall be paid a pro-rated payment. Said payment shall be based on the number of months of full full-time service credited to a retiree from the preceding January 1. Payment shall be made as soon as possible after the end of the calendar year. Retirees eligible for payment in lieu of health insurance and who become deceased shall have a pro- pro-rated payment made to their beneficiary (as determined by MERS). Said payment shall be made as soon as possible after the retiree’s death and shall be based on the number of months of full full-time service credited to the retiree from the preceding January 1. A retiree who obtains health insurance coverage from another source, and elects not to be covered by the County’s health insurance shall be paid a pro-rated payment. Said payment shall be based on the number of months of full full-time service credited to a retiree from the time they obtained the alternate coverage until JanuaryJanuary 1. Payment shall be made as soon as possible after the end of the calendar year.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Payment in Lieu of Coverage. An eligible retiree as of January 1, 1 of any year, who is eligible for health insurance via another source and who executes an affidavit to that effect may elect not to be covered by the health insurance provided under this Article. The decision to waive coverage shall be made once per calendar year. A waiver agreement drafted by the County shall be executed by the retiree. In the event the retiree elects to forego health insurance, the County shall pay an amount up to twelve hundred dollars ($1,200.00) directly to the retiree as taxable compensation. The payment shall be made on an annual basis, as soon as possible after the end of the calendar year. A retiree is eligible for full payment if they have been eligible for County paid health insurance for the prior twelve (12) month period and a new retiree is eligible for a pro-rated payment if they are eligible for County paid health insurance and have retired within the preceding twelve (12) month period. The provisions of this Sub-section (gf) shall not apply to a husband and wife who are both retirees (or one employee and one retiree) of the County or of any of the Courts of Xxxxx County. A retiree losing health insurance coverage from another source shall notify the County Personnel Department in time so that the retiree and dependents, where appropriate, can be re-re- enrolled in a health care plan beginning the first day of the month following alternate coverage. No pre-existing condition requirement has to be met in this situation. The retiree shall be paid a pro-rated payment. Said payment shall be based on the number of months of full time service credited to a retiree from the preceding January 1. Payment shall be made as soon as possible after the end of the calendar year. Retirees eligible for payment in lieu of health insurance and who become deceased shall have a pro- pro-rated payment made to their beneficiary (as determined by MERS). Said payment shall be made as soon as possible after the retiree’s death and shall be based on the number of months of full full-time service credited to the retiree from the preceding January 1. A retiree who obtains health insurance coverage from another source, and elects not to be covered by the County’s health insurance shall be paid a pro-rated payment. Said payment shall be based on the number of months of full time service credited to a retiree from the time they obtained the alternate coverage until JanuaryJanuary 1. Payment shall be made as soon as possible after the end of the calendar year.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Payment in Lieu of Coverage. An eligible retiree as of January 1, 1 of any year, who is eligible for health insurance via another source and who executes an affidavit to that effect may elect not to be covered by the health insurance provided under this Article. The decision to waive coverage shall be made once per calendar year. A waiver agreement drafted by the County shall be executed by the retiree. In the event the retiree elects to forego health insurance, the County shall pay an amount up to twelve hundred dollars ($1,200.00) directly to the retiree as taxable compensation. The payment shall be made on an annual basis, as soon as possible after the end of the calendar year. A retiree is eligible for full payment if they have been eligible for County paid health insurance for the prior twelve (12) month period and a new retiree is eligible for a pro-rated payment if they are eligible for County paid health insurance and have retired within the preceding twelve (12) month period. The provisions of this Sub-section (g) shall not apply to a husband and wife who are both retirees (or one employee and one retiree) of the County or of any of the Courts of Xxxxx County. A retiree losing health insurance coverage from another source shall notify the County Personnel Department in time so that the retiree and dependents, where appropriate, can be re-enrolled in a health care plan beginning the first day of the month following the loss of alternate coverage. No pre-existing condition requirement has to be met in this situation. The retiree shall be paid a pro-rated payment. Said payment shall be based on the number of months of full time service credited to a retiree from the preceding January 1. Payment shall be made as soon as possible after the end of the calendar year. Retirees eligible for payment in lieu of health insurance and who become deceased shall have a pro- pro-rated payment made to their beneficiary (as determined by MERS). Said payment shall be made as soon as possible after the retiree’s death and shall be based on the number of months of full time service credited to the retiree from the preceding January 1. A retiree who obtains health insurance coverage from another source, and elects not to be covered by the County’s health insurance shall be paid a pro-rated payment. Said payment shall be based on the number of months of full time service credited to a retiree from the time they obtained the alternate coverage until JanuaryJanuary 1. Payment shall be made as soon as possible after the end of the calendar year.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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