Retired Employee Medical-Hospitalization Insurance Sample Clauses

Retired Employee Medical-Hospitalization Insurance. The Board will contribute during the 2015-2016 fiscal year the sum of $330.00 per month, and for all teachers retiring at the end of the 2015- 2016 school year or later, the Board will contribute the sum of $400.00 per month toward the cost of the premium for the medical/hospitalization plan for individual coverage. Retirees who earned the early retirement incentive bonus prior to July 1, 2001, and chose family coverage, the Board will contribute $400 per month for family coverage. To be eligible for this benefit the retired employee must be at least 57 years of age and have provided at least 16 years of continuous service to the School District at the time of retirement. The District contribution shall be terminated when the employee reaches the age of Medicare eligibility. If a court of law or state or federal agency shall determine that Medicare eligibility language is unlawful, the employee shall receive the benefits in this paragraph for a period of seven (7) years after the employment. Retired employees will remain eligible, with all expenses paid by the employee, for group health insurance benefits. The cost of dependent coverage shall be borne by the retired employee with all premiums payable in advance. Such benefits shall apply to teachers retiring after the adoption of this Agreement, and shall not become retroactive.
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Retired Employee Medical-Hospitalization Insurance. All of the benefits described in Subd. 1 (single coverage) above shall be provided to retired employees until the employee is eligible for Medicare if the employee is at least the age of 55 at the time of retirement and if the employee provided at least 16 years of continuous service to the District, to the extent the employee elected such insurance benefits prior to retirement. If a court of law or state or federal agency shall determine that the Medicare eligibility language is unlawful, the employee shall receive the benefits described in Subd. 1 for a period of five (5) years following retirement. Leaves of absence approved by the School District shall not be considered a break in service for the purpose of defining continuous service under this section. Such benefits shall be identical to those received by active food service employees. The cost of dependent coverage shall be borne by the retired employee with all premiums payable in advance. Such benefits shall apply to employees retiring after the adoption of this Agreement, and shall not become retroactive.
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Retired Employee Medical-Hospitalization Insurance. The School District shall contribute the same amount as that contributed for teachers who retire during the same year as the Education Assistant towards the premium for health and hospitalization insurance for all retirees who have reached age 55 at the time of retirement and have completed at least 16 years of continuous service with the district until the employee is eligible for Medicare. If a court of law or state or federal agency shall determine that the Medicare eligibility language is unlawful, the employee shall receive the benefits in this paragraph for a period of five (5) years following retirement. Such benefits shall be identical to those received by active employees. The entire cost of dependent coverage shall be borne by the retired employee with all premiums payable in advance.
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Retired Employee Medical-Hospitalization Insurance. The School District shall contribute the same amount as that contributed for teachers who retire during the same year as the clerical employee towards the premium for health and hospitalization insurance, provided the employee has completed at least sixteen (16) continuous years of service and have reached the age of 55 at the time of retirement, to the extent the employee elected such insurance benefits while actively employed or during the open enrollment period in the employee’s last year of employment with the District. Leaves of absence approved by the School District shall not be considered a break in service for purposes of determining eligibility for retiree health insurance contributions. Retiree health insurance benefits shall be terminated when the employee reaches Medicare eligibility. If a court of law or state or federal agency shall determine that the Medicare eligibility language is unlawful, the employee shall receive the benefits described in Subd. 1 for a period of five (5) years following retirement. The cost of dependent coverage shall be borne by the employee with all premiums payable in advance. Employees who have retired prior to July 1, 2006 shall continue to receive the district contribution toward health insurance currently being provided to these retirees.
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Related to Retired Employee Medical-Hospitalization Insurance

  • Hospitalization Insurance The Employer shall provide: HOSPITALIZATION INSURANCE Effective as soon as is practical after September 1, 2011 or date of ratification, whichever is sooner. Community Blue PPO 4$2/25/50 Prescription Drug Rider Dental Plan 2 $ Mandatory Mail-Order for Maintenance Drugs $ On Mail-Order- Pay for 2 month supply, get 3 month supply $ Mandatory Generic Drugs$ $10 Office and Chiropractic Visit Employees Contribute $10 per Pay Period for spousal coverage. Effective the first pay period after 9/1/2011 or as soon as is practicable employees hired before 9/1/11 shall pay 5% of the illustrated rate for the health and dental coverage they select. Effective 1/1/2012 employees hired before 9/1/11 shall pay 10% of the illustrated rate for the health and dental coverage they select. Effective the first pay period after 9/1/2011 or as soon as is practicable, for employees hired on or after 9/1/11, employees shall contribute 20% of the illustrated rate for the coverage the employee selects.

  • Health and Hospitalization Insurance Single Coverage: The School District shall contribute a sum not to exceed $284.00 per month toward the premium for individual coverage for each full-time employee employed by the School District who qualifies for and is enrolled in single coverage in the School District’s group health and hospitalization insurance plan. Any additional cost of the premium shall be borne by the employee and paid by payroll deduction.

  • Long Term Disability Insurance Plan The Employer shall provide a mutually acceptable long-term disability insurance plan, a copy of which shall appear in Appendix “A” – Long-Term Disability Insurance Plan. The plan shall provide post-probationary regular employees with salary continuation as per Appendix “A” until age sixty-five (65) in the event of a disability. The cost of the plan shall be borne by the Employer.

  • Group Term Life Insurance The Welfare Plan will include Group Term Life Insurance in accordance with the following Table of Hourly Job Rate Brackets and corresponding coverages. Benefits will be payable as a result of death from any cause on a twenty-four (24) hour coverage basis.

  • Long Term Disability Insurance 250. The City, at its own cost, shall provide to employees a Long Term Disability (LTD) benefit that provides, after a one hundred and eighty (180) day elimination period, sixty percent salary (60%) (subject to integration) up to age sixty-five (65). Employees who are receiving or who are eligible to receive LTD shall be eligible to participate in the City's Catastrophic Illness Program as set forth in the ordinance governing such program.

  • DISABILITY INSURANCE PLAN Management shall expend for active employees of this Unit who are members of LACERS the sum necessary to cover the cost of a basic disability insurance plan. Management shall also maintain a Supplemental Disability Insurance Plan, enrollment in which is at the discretion of each employee. The full cost of the Supplemental Disability Insurance Plan premiums shall be paid by the individual employees who enroll in the plan. The City's Joint Labor-Management Benefits Committee shall determine the benefits and provider of the plan.

  • State Employee Group Insurance Program (SEGIP) During the life of this Agreement, the Employer agrees to offer a Group Insurance Program that includes health, dental, life, and disability coverages equivalent to existing coverages, subject to the provisions of this Article. All insurance eligible employees will be provided with a Summary Plan Description (SPD) called “Your Employee Benefits”. Such SPD shall be provided no less than biennially and prior to the beginning of the insurance year. New insurance eligible employees shall receive a SPD within thirty (30) days of their date of eligibility.

  • Medical Plan ‌ Eligible employees and dependants shall be covered by the British Columbia Medical Services Plan or carrier approved by the British Columbia Medical Services Commission. The Employer shall pay one hundred percent (100%) of the premium. An eligible employee who wishes to have coverage for other than dependants may do so provided the Medical Plan is agreeable and the extra premium is paid by the employee through payroll deduction. Membership shall be a condition of employment for eligible employees who shall be enrolled for coverage following the completion of three (3) months’ employment or upon the initial date of employment for those employees with portable service as outlined in Article 14.12.

  • Special Parental Allowance for Totally Disabled Employees (a) An employee who:

  • Medical, Dental and Vision Insurance The Employer provides health care coverage for medical, dental and vision for the employee, spouse and children (one-person, two-person and family) subject to the provisions of this Article. Currently the plan options are:

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