Retired Employees Medical Benefits Sample Clauses

Retired Employees Medical Benefits. For existing retired employees and employees who retire with a Retirement Plan benefit commencement date on or before April 1, 2003, with at least three (3) years of continuous participation either in the contributory benefit of the Retirement Plan or Noncontributory Retirement Plan immediately preceding the employee’s date of retirement, and who are at least age fifty-five (55) but less than age sixty-five (65) and who have five (5) or more years of continuous employment with the Employer, the Employer agrees to continue to provide the Boeing medical plans available to active hourly employees, until the retired employee attains age sixty-five (65). For existing retirees employees who retired and employees who retire, with a Retirement Plan benefit commencement date on or after May 1, 2003, with at least three (3) years of continuous participation in the contributory benefit of the Retirement Plan immediately preceding the employee's date of retirement, and who are at least age fifty-five (55) but less than age sixty-five (65) and who have five (5) or more years of continuous employment with the Employer, the Employer agrees to continue to provide the Boeing medical plans available to active hourly employees, until the retired employee attains age sixty-five (65). Additionally, for employees who are otherwise eligible to retire, but terminate employment on or after July 1, 2007 instead of retiring and who met the requirements above, the Employer agrees to continue to provide the Boeing medical plans available to active hourly employees, until the former or retired employee attains age sixty-five (65). An employee retiring under the Special Layoff provision of the contributory benefit portion of the Retirement Plan also is eligible for medical coverage until the retired employee attains age sixty-five (65). The Special Layoff provision is available to employees who are laid off and have at least fifteen (15) years of continuous service, are age fifty (50) or older, and within five (5) years of reaching the special rule of seventy-five (75) retirement date. The Employer shall offer Boeing medical coverage for the eligible retired employee’s spouse, but not including a same-gender domestic partner until the end of the month in which the surviving spouse remarries . Coverage shall be continued under this provision for the retired employee's dependent child until the child reaches the medical plan’s age limit is no longer eligible under the plan. Insurance cove...
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Related to Retired Employees Medical Benefits

  • Retiree Medical Benefits If Executive is or would become fifty-five (55) or older and Executive's age and service equal sixty-five (65) and Executive has at least five (5) years of service with the Company within two (2) years of Change in Control, Executive is eligible for retiree medical benefits (as such are determined immediately prior to Change in Control). Executive is eligible to commence receiving such retiree medical benefits based on the terms and conditions of the applicable plans in effect immediately prior to the Change in Control.

  • Medical Benefits The Company shall reimburse the Employee for the cost of the Employee's group health, vision and dental plan coverage in effect until the end of the Termination Period. The Employee may use this payment, as well as any other payment made under this Section 6, for such continuation coverage or for any other purpose. To the extent the Employee pays the cost of such coverage, and the cost of such coverage is not deductible as a medical expense by the Employee, the Company shall "gross-up" the amount of such reimbursement for all taxes payable by the Employee on the amount of such reimbursement and the amount of such gross-up.

  • Retired Employees A. Employees who retire under the Florida Retirement System shall be eligible, upon request, to receive on the same basis as other employees the following benefits at the University, subject to University Regulations and policies:

  • Post-Retirement Employment Unit members who retire from the University during the term of this Agreement may propose a post-retirement appointment of up to three years duration. During this post-retirement appointment, the total of retirement benefits and post-retirement salary paid by the University shall not exceed the salary paid at the time of retirement. The annual compensation received from the University for the post-retirement appointment shall not exceed fifty (50) percent of the annual salary at the time of retirement. The duties for a post-retirement appointment shall be defined and agreed to in writing by the bargaining unit member and the Employer/University Administration prior to the bargaining unit member's retirement. Such appointments are at the discretion of the Employer/University Administration and are subject to existing law and all rules and regulations of the State Retirement Board. The decision of the Employer/University Administration not to approve a proposal for a post-retirement appointment shall not be grievable under the Grievance and Arbitration Procedure, Article 7.

  • Dental Benefits The County offers dental and orthodontic benefits to full and part-time regular employees and their eligible dependent(s). Benefit provisions, co­ payments and deductibles are outlined in the Evidence of Coverage. The employee contribution is $13 per pay period ($28.26 per month). The County shall contribute to part-time eligible employees on a pro-rated basis, in accordance with Section 10.2.6.

  • Rehired Employees Amounts forfeited upon termination of employment because of the failure to meet the applicable vesting requirements shall not be reinstated or re-credited if an individual is subsequently rehired or re-employed by the School Corporation. However, if the Board shall have approved a leave of absence of not more than one (1) fiscal year for an employee, such period of leave shall not result in forfeiture provided the employee shall promptly return to employment following the expiration of the period of the leave.

  • Disabled Employees If an employee becomes disabled with the result that he is unable to carry out the regular functions of his position, the Hospital may establish a special classification and salary with the hope of providing an opportunity of continued employment.

  • Long-Term Disability (Employee Paid Plans)

  • Group Benefits To determine if a leave under the provisions of the Family and Medical Leave Act will be a paid or unpaid leave, contact the District’s Human Resources Department.

  • Long Term Disability Benefits A benefit level of seventy percent (70%) of monthly earnings shall apply. Benefits would commence after a waiting period of seventeen (17) weeks, when Short Term Disability Benefits terminate. Terms of the Master Policy with the Insurance Company shall apply. Statement of Intent In order to go on LTD, the person must:

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