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. 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. 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.
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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
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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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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
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Related to Retired Employee Medical-Hospitalization Insurance

  • Health and Hospitalization Insurance Single Coverage: The District shall contribute a sum not to exceed $8180 per year toward the premium for individual coverage for each full-time employee employed by the District who qualifies for and is enrolled in single cov- erage 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 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.

  • Special Parental Allowance for Totally Disabled Employees (a) An employee who: (i) fails to satisfy the eligibility requirement specified in subparagraph 17.05(a)(ii) solely because a concurrent entitlement to benefits under the Disability Insurance (DI) Plan, the Long-term Disability (LTD) Insurance portion of the Public Service Management Insurance Plan (PSMIP) or via the Government Employees Compensation Act prevents the employee from receiving Employment Insurance or Québec Parental Insurance Plan benefits, and (ii) has satisfied all of the other eligibility criteria specified in paragraph 17.05(a), other than those specified in sections (A) and (B) of subparagraph 17.05(a)(iii), shall be paid, in respect of each week of benefits under the parental allowance not received for the reason described in subparagraph (i), the difference between ninety-three per cent (93%) of the employee's rate of pay and the gross amount of his or her weekly disability benefit under the DI Plan, the LTD Plan or via the Government Employees Compensation Act. (b) An employee shall be paid an allowance under this clause and under clause 17.05 for a combined period of no more than the number of weeks during which the employee would have been eligible for parental, paternity or adoption benefits under the Employment Insurance or Québec Parental Insurance Plan, had the employee not been disqualified from Employment Insurance or Québec Parental Insurance Plan benefits for the reasons described in subparagraph (a)(i).

  • Medical, Dental and Vision Insurance a. Effective July 1, 2002, medical benefits shall be offered through CalPERS Health Plans. b. The Employer shall pay up to eight percent (8%) of future premium increases for medical, dental, and vision plans. In the event that a medical plan has a premium decrease (<0%), the Employer will apply ninety percent (90%) of the premium decrease towards Employer contribution and ten percent (10%) towards employee plan premiums. c. Each employee shall pay through payroll deduction any premium cost in excess of the Employer’s contribution. Each employee may select from among the plans made available by the Employer and the Union.

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