Post-Retirement Medical Benefits. 51.1 Retired employees who are receiving a post-retirement medical benefit from ANAHEIM on the date the City Council approves this MOU shall continue to receive such benefit in accordance with the provisions of the MOU between ANAHEIM and AMEA that was in effect at the time of their retirement.
51.2 Regular, full-time employees in the classified service in classifications listed in Appendix “A”, who are enrolled as subscribers in an ANAHEIM sponsored health plan at the time of separation from ANAHEIM service shall be eligible to participate in any ANAHEIM sponsored health plan (medical and dental) as retirees subject to the following terms and conditions:
51.2.1 The employee must be credited with at least ten (10) years of continuous, full-time ANAHEIM service on the date of retirement, and
51.2.2 The employee must have been awarded a retirement from PERS as the reason for separation from ANAHEIM service, and
51.2.3 PERS retirement benefits must commence no later than the first day of the month following the date of separation from ANAHEIM service, or
51.2.4 The employee must have been awarded a disability retirement (Ordinary or Industrial) from PERS as the reason for separation from ANAHEIM service.
51.2.5 ANAHEIM shall provide separate contributions toward the premium costs of the ANAHEIM sponsored medical and/or dental plans elected by the employee according to the following schedule:
51.2.5.1 For service retirements, the contributions shall be a percentage of the annual contributions made by ANAHEIM on behalf of active employees, the percentage equal to one and one-half (1½) times the miscellaneous “2% @ 60” PERS retirement schedule to a maximum contribution of ninety-five percent (95%) based on the employee’s age and consecutive years of Anaheim service at the time of retirement. ANAHEIM service and the retiree’s age shall be calculated to the nearest complete one-quarter (¼) year.
51.2.5.2 For disability retirements, the contribution shall be a percentage of the annual contributions made by ANAHEIM on behalf of active employees, the percentage equal to two percent (2%) for each year of service to a maximum contribution of ninety-five (95%) based on the employee’s consecutive years of Anaheim service shall be calculated to the nearest complete one (¼) quarter year.
51.2.5.3 In the event an employee is eligible for both a Service and a Disability Retirement Benefit under this ARTICLE, the employee shall receive the Service Retirement Benefit.
51.2.5.4...
Post-Retirement Medical Benefits. Employees who, by June 30, 2014, meet the post-retirement medical benefit eligibility criteria in place on their date of hire, but do NOT retire on or before June 30, 2014, will be eligible to participate in the University’s post-retirement medical benefit when they do retire, and their premium contribution will be based on their age as follows: those with pre-65 coverage will pay the percentage of premium indicated in Appendix G of this Agreement; and those with post-65 coverage will pay the percentage of premium indicated in Appendix of this Agreement. • Employees who were hired on or before December 31, 2011 who do NOT meet the post- retirement medical benefit eligibility criteria in place on their date of hire by June 30, 2014, will be eligible, when they reach age 65 and 15 years of benefits-eligible service, to participate in the University’s post-retirement Medicare Supplement Plan at the premium contribution percentage indicated in Appendix H. These staff may participate in the University’s post-retirement medical benefit prior to age 65, but they will be responsible for 100% of the premium. When such employees then reach age 65, they will no longer be eligible for the active plan but may obtain the post-65 Medicare Supplement Plan and will be responsible for 100% of the premium. • Employees who, by June 30, 2014, do NOT meet the post-retirement medical benefit eligibility criteria in place on their date of hire, but will have reached 15 years of benefits-eligible service by June 30, 2014, will be eligible for the University’s post-retirement medical benefit when they reach age 62 and they will be responsible for 50% of the premium. When such employees reach age 65, they will no longer be eligible for the active plan but may obtain the post-65 Medicare Supplement Plan and must pay the percentage of contribution indicated in Appendix H. • Employees who are hired on or after January 1, 2012 will be able to participate in the University’s post-retirement medical benefit when they reach age 65 and 15 years of benefits-eligible service, but they will be responsible for 100% of the premium. These new employees will be eligible for a Retiree Health Savings Plan (RHSP), which (after one year of service) will include an annual contribution from the University of $1,150 per year. Such benefits are available to the employees and to their dependents who are covered as of the date of the employee’s retirement. For the life of the contract, coverage will be the ...
Post-Retirement Medical Benefits. The Parties agree to create a Post-Retirement Medical Benefits Fund for retired CUPE Local 3799 Members to help offset the cost of post-retirement medical benefits. The University will allocate ten thousand dollars ($10,000) each calendar year, effective January 1, 2020 to a benefits administrator identified by CUPE Local 3799 who will allocate and distribute the fund equitably amongst eligible retirees. The Union will request these funds in writing within the calendar year. This benefit shall be available to members who retire after the ratification of this agreement. The benefits administrator will make available, annually, a statement acceptable to the University's auditors indicating how these funds are distributed. The Union will issue t,he appropriate T4A annually.
Post-Retirement Medical Benefits. The District will provide lifetime retiree medical benefits to eligible employees and their spouses or State of California Registered Domestic Partners (RDP) as follows:
Post-Retirement Medical Benefits. 68.1 ANAHEIM agrees to continue sponsorship of the Retired Employee Insurance Program through September 30, 2005. Retired employees who are receiving a post-retirement medical benefit from ANAHEIM on September 30, 2005 shall continue to receive such benefit from ANAHEIM in accordance with the provisions of the MOU between ANAHEIM and UNION that was in effect at the time of their retirement. Employees who retire on or after October 1, 2005 shall become entitled to post-retirement medical benefits solely through and under the terms of a Trust Fund established and maintained by the UNION.
68.2 UNION established a Trust n accordance with the Letter of Understanding dated August 12, 2005, included in this Agreement as Attachment “ “. The following terms and conditions provide an overview of the Agreement, but are not meant as a substitute for the Agreement. If any of the provisions of the following overview are inconsistent with the terms of the Letter of Understanding, the language of the Letter of Understanding shall prevail.
68.3 UNION shall assume all responsibility and liability for post-retirement medical benefits for all active employees of ANAHEIM employed in classifications for which the UNION is the recognized employee representative (“UNION active employees”) and their eligible dependents, spouses, and registered domestic partners who separate from ANAHEIM service on or after October 1, 2005. The UNION shall defend, indemnify, and hold ANAHEIM harmless from any legal action or claims arising from any breach of this agreement by the Trust or the UNION, or failure by the Trust to fulfill its fiduciary responsibilities.
68.4 ANAHEIM shall have the right to audit the Trust on a periodic basis as determined by the City. The Trust shall cooperate fully with any audit, and, except to the extent limited by law, shall make all records available for inspection and review. ANAHEIM shall pay for any audit conducted under this Section.
68.5 The Trust shall be responsible for determining benefit eligibility and benefit schedules. The Trust shall inform ANAHEIM of the eligibility and benefit schedules it adopts effective October 1, 2005, and shall provide written notice to ANAHEIM whenever eligibility or benefit schedules may be modified.
68.6 On October 1, 2005, or as soon thereafter as the UNION notifies ANAHEIM that the Trust is established, ANAHEIM shall remit to the Trust that portion of the Post-Retirement Medical Reserves that has been set aside for employee...
Post-Retirement Medical Benefits. Upon signing of the collective agreement, all employees who retire after July 1, 2007 will participate in a cost sharing program. The Company will pay the full premium cost of Post-Retirement Medical Benefits until June 30, 2008. Starting on July 1, 2008, the Company will pay 85% of the premium cost and the retiree will pay 15%. Starting on July 1, 2009, the Company will pay 80% of the premium cost and the retiree will pay 20%. Starting on July 1, 2010, the Company will pay 75% of the premium cost and the retiree will pay 25%.
Post-Retirement Medical Benefits. (1) Post Retirement Medical benefits include the same NRECA, Medical, Prescription, Dental and Vision Coverage as active employees until Medicare eligible.
(2) After Medicare eligibility, the Cooperative will provide NRECA’s premium Medicare Advantage Medical, Prescription, Dental and Vision plans.
(3) Employees hired prior to July 1, 2008 will require 5 years of service to qualify for this benefit. Employees hired on or after this date will require 10 years of service to qualify for this benefit.
(4) The Cooperative will pay a percentage of the premium based on the hire date of the employee.
a) Hired prior to July 1, 1979. Cooperative will pay 100% of retiree and dependant coverage for life.
b) Hired after July 1, 1979, Cooperative will pay 100% of retiree and dependant coverage until Medicare eligible and 50% for life.
c) Hired after July 1, 1988, Cooperative will pay 50% of retiree and dependant coverage for life.
d) In (b) and (c) above employees must retire on or after July 1, 2010 to receive this benefit post Medicare eligible.
(5) Employees hired on or after July 1, 2013
a) Coop will establish a Health Reimbursement Account (HRA). The details of this plan will be established by mutual agreement of the parties no later than October 1, 2013.
b) Coop will contribute $3,500 per year, prorated for partial years, to each employee’s HRA. Contributions will be credited at the beginning of each plan year, or portion thereof.
c) Reimbursement will be provided for allowed expenses while an active employee.
d) Reimbursement will be provided for allowed expenses and premiums for retired employees and their dependents for life.
e) Each plan year the Coop will offer retired employees access to all pre and post Medicare eligible plans available to the Coop. Retirees may choose to use reimbursement dollars to purchase plans from any source.
f) Employees who terminate employment with PSREC and do not retire may submit for and be reimbursed for covered expenses incurred prior to termination and will forfeit the remaining balance of their HRA.
g) At any point should the HRA balance reach zero ($0) the Coop will no longer be responsible for reimbursement.
Post-Retirement Medical Benefits. On and after the termination of the -------------------------------- Employee pursuant to Section 3(F), Section 4(C)(i), 4(C)(ii) or 4(C)(iii) or the Employee's retirement as an employee of the Company, the Company shall provide medical and dental insurance coverage for the Employee and his spouse for their lifetimes that is comparable to the medical and dental insurance coverage provided by the Company to its principal executive officers as of the date of the Employee's termination or retirement, as applicable. The Company shall be entitled to credits for coverage to Employee and his spouse provided by Medicare. For purposes of this Agreement, Employee shall not be deemed to have retired until after the expiration of his part-time status under this Agreement.
Post-Retirement Medical Benefits. Notwithstanding any -------------------------------- provision in this Agreement to the contrary, responsibility for the post- retirement medical benefits of any Former SPI Employee who is receiving such benefits on the Distribution Date shall continue to be provided under the appropriate IREX Welfare Plan and shall remain the sole responsibility of IREX.
Post-Retirement Medical Benefits. (1) Post Retirement Medical benefits include the same NRECA, Medical, Prescription, Dental and Vision Coverage as active employees until Medicare eligible.
(2) After Medicare eligibility, the Cooperative will provide NRECA’s premium Medicare Advantage Medical, Prescription, Dental and Vision plans.
(3) Employees hired prior to July 1, 2008 will require 5 years of service to qualify for this benefit. Employees hired on or after this date will require 10 years of service to qualify for this benefit.
(4) The Cooperative will pay a percentage of the premium based on the hire date of the employee.
a) Hired prior to July 1, 1979. Cooperative will pay 100% of retiree and dependant coverage for life.
b) Hired after July 1, 1979, Cooperative will pay 100% of retiree and dependant coverage until Medicare eligible and 50% for life.
c) Hired after July 1, 1988, Cooperative will pay 50% of retiree and dependant coverage for life.
d) In (b) and (c) above employees must retire on or after July 1, 2010 to receive this benefit post Medicare eligible. and Vision Plans refers to the current plan offerings from NRECA as modified in this CBA. Should NRECA change their plan offerings, a plan that is actuarially equivalent will be offered to retirees.
