Retired Status. An employee must be in pay status (present, sick, personal, vacation, etc.) for at least one (1) day in the ten (10) day period preceding the holiday/recess and for at least one (1) day in the ten (10) day period following the holiday/recess to be eligible for holiday/recess pay. The employee retirement date shall not be changed.
Retired Status. Upon retirement as approved by the company or at retirement at age 62, the Plan will provide continued coverage as under the Crompton Corporation Dental Expense Plan until the participant is Medicare eligible. The Plan will also cover out of pocket expenses not paid under the continued Crompton Corporation Dental Expense Plan. At the time the participant becomes Medicare eligible, the participant must enroll in Medicare and the Supplemental Plan will cover dental expenses not paid by Medicare to a maximum of $2,500 per calendar year per person.
