Common use of RETIRED EMPLOYEES MEDICAL INSURANCE Clause in Contracts

RETIRED EMPLOYEES MEDICAL INSURANCE. For all employees represented by the BMA who retire from the City of Burbank and continue participation in the Public Employees’ Medical and Hospital Care Act, Government Code §22750, as presently enacted or as may be subsequently amended, the City makes the employer contribution for post-retirement health benefits required in Government Code §22892 as presently enacted or as may be subsequently amended. Effective January 1, 2007, for BMA represented employees who retired between June 29, 1992 and December 31, 2003 and chose not to participate in the Retiree Medical Trust set forth in Section F of this Article, the City shall provide a monthly payment to each such retiree as a supplement to their health care insurance in an amount that is calculated by dividing $18,000 by 12 (months) by the number of such retirees until fifteen (15) of such eligible retirees remain. Thereafter, the monthly payment to each retiree as a supplement to their health care insurance shall be $100.00 a month. Eligibility for this benefit remains in effect by the City. The City shall not deduct any taxes from this benefit.

Appears in 4 contracts

Samples: Affected Confidential Employees, Affected Confidential Employees, Affected Confidential Employees

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RETIRED EMPLOYEES MEDICAL INSURANCE. For all employees represented by the BMA who retire from the City of Burbank and continue participation in the Public Employees’ Medical and Hospital Care Act, Government Code §22750, as presently enacted or as may be subsequently amended, the City makes the employer contribution for post-post retirement health benefits required in Government Code §22892 as presently enacted or as may be subsequently amended. Effective January 1, 2007, for BMA represented employees who retired between June 29, 1992 and December 31, 2003 and chose not to participate in the Retiree Medical Trust set forth in Section F of this Article, the City shall provide a monthly payment to each such retiree as a supplement to their health care insurance in an amount that is calculated by dividing $18,000 by 12 (months) by the number of such retirees until fifteen (15) of such eligible retirees remain. Thereafter, the monthly payment to each retiree as a supplement to their health care insurance shall be $100.00 a month. Eligibility for this benefit remains in effect by the City. The City shall not deduct any taxes from this benefit.

Appears in 2 contracts

Samples: Affected Confidential Employees, Affected Confidential Employees

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RETIRED EMPLOYEES MEDICAL INSURANCE. For all employees represented by the BMA who retire from the City of Burbank and continue participation in the Public Employees’ Medical and Hospital Care Act, Government Code §22750, as presently enacted or as may be subsequently amended, the City makes the employer contribution for post-post- retirement health benefits required in Government Code §22892 as presently enacted or as may be subsequently amended. Effective January 1, 2007, for BMA represented employees who retired between June 29, 1992 and December 31, 2003 and chose not to participate in the Retiree Medical Trust set forth in Section F of this Article, the City shall provide a monthly payment to each such retiree as a supplement to their health care insurance in an amount that is calculated by dividing $18,000 by 12 (months) by the number of such retirees until fifteen (15) of such eligible retirees remain. Thereafter, the monthly payment to each retiree as a supplement to their health care insurance shall be $100.00 a month. Eligibility for this benefit remains in effect by the City. The City shall not deduct any taxes from this benefit.

Appears in 1 contract

Samples: Affected Confidential Employees

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