Retiree Benefit. Any represented employee who retires from the City on or after January 1, 1987, who has ten (10) years or more of service with the City in either a permanent full- time or permanent part-time position, and who enrolls in a PERS PEMHCA plan shall receive for such time as he/she maintains his/her enrollment in a PEMHCA health plan for represented employee and one (1) dependent the following benefit: effective January 1, 2003, the lesser of a monthly payment of four hundred twenty five dollars and forty-two cents ($425.42) or one hundred percent (100%) of the represented employee’s PEMHCA plan premium computed by combining the provisions of Section 8.2 above with this benefit. These payments shall be made on a quarterly basis. The City shall provide the option of direct deposit if it becomes available for this benefit. The obligations set forth in this subsection shall be subject to the following conditions:
8.14.1 Each person receiving the benefit shall be responsible for payment of federal state and local taxes, if required. The City shall not withhold taxes when awarding this benefit unless otherwise required to do so by a governmental taxing agency and shall not be obligated by this Agreement to issue a 1099 to persons receiving the benefit.
8.14.2 Each person receiving the benefit shall be obligated to notify the City within thirty (30) days of the retiree’s and/or eligible family member’s eligibility for Medicare.
8.14.3 An eligible family member for PEMHCA coverage who survives the death of a retiree shall continue to receive this benefit as long as it is allowed by PERS, as long as the survivor remains enrolled in a PERS plan, and as long as the survivor has been designated to receive the survivor’s benefit under PERS and is receiving the survivor’s benefit under PERS.
Retiree Benefit. Any unit member who retires from the City on or after January 1, 1987, who has ten years or more of service with the City in either a permanent full-time or permanent part-time position, and who enrolls in a PERS PEMHCA plan shall receive for such time as they maintains their enrollment in a PEMHCA health plan the following benefit:
Retiree Benefit. A) Funding at an annual rate of 0.25% of straight time annual payroll shall be provided to contribute toward Extended Health Care Benefits for employees retiring on or after October 1, 2002. This fund/Benefit Plan will be governed by the Joint Board of Trustees established pursuant to Article 15.15.5 A).
Retiree Benefit. Any represented employee who retires from the City on or after January 1, 1987, who has ten (10) years or more of service with the City in either a permanent full- time or permanent part-time position, and who enrolls in a PERS PEMHCA plan shall receive for such time as he/she maintains his/her enrollment in a PEMHCA health plan for represented employee and one dependant the following benefit: effective January 1, 2003, the lesser of a monthly payment of four hundred twenty-five and forty-two cents ($425.42) or one hundred percent (100%) of the represented employee’s PEMHCA plan premium computed by combining the provisions of Section 8.2 above with this benefit. These payments shall be made on a quarterly basis. The City shall provide the option of direct deposit if it becomes available for this benefit. The obligations set forth in this subsection shall be subject to the following conditions:
8.14.1 Each person receiving the benefit shall be responsible for payment of federal state and local taxes, if required. The City shall not withhold taxes when awarding this benefit unless otherwise required to do so by a governmental taxing agency and shall not be obligated by this Agreement to issue a 1099 to persons receiving the benefit.
8.14.2 Each person receiving the benefit shall be obligated to notify the City within thirty (30) days of the retiree’s and/or eligible family member’s eligibility for Medicare.
8.14.3 An eligible family member for PEMHCA coverage who survives the death of a retiree shall continue to receive this benefit as long as it is allowed by PERS, as long as the survivor remains enrolled in a PERS plan, and as long as the survivor has been designated to receive the survivor’s benefit under PERS and is receiving the survivor’s benefit under PERS.
Retiree Benefit. Eligible retirees may remain covered under the same health insurance plan, and under the same terms and conditions, as for current employees, consistent with the following schedule. This benefit shall be subject to the rules of the insurance carrier.
1. Eligible retirees who were full time, non probationary employees of the Employer hired before January 1, 1984 shall be afforded health insurance benefits as follows: Minimum Years of Service Minimum Age of Retiree Percent of Premium Paid Duration of Premium Payment 20 55 100% Retiree’s Lifetime 15 55 75% Retiree’s Lifetime 10 50 50% Retiree’s Lifetime
2. Eligible retirees who were full time, non probationary employees of the Employer hired after January 1, 1984 shall be afforded health insurance benefits as follows: Minimum Years of Service Minimum Age of Retiree Percent of Premium Paid Duration of Premium Payment 20 55 100% 15 Years 15 55 75% 10 Years 10 50 50% 5 Years
3. Any eligible employee who retires after five (5) continuous years of service and is at least sixty (60) years of age shall be permitted, at the sole cost and expense of the employee, to continue the health insurance benefit provided by the Employer.
4. Eligible retirees who were full time, non-probationary employees of the Employer hired after June 1, 2005 shall NOT be afforded health insurance benefits, upon retirement. The County will set up a health care savings program, for these employees to participate in, if they choose. This health savings program would be funded by the Employee only.
5. Eligible retirees who receive Health Insurance coverage upon retirement shall receive coverage equal to the active employees, unless otherwise negotiated.
Retiree Benefit. Effective July of 1996, the City agrees to pay to the Union seventy thousand dollars ($70,000) per fiscal year of this MOU for the benefit of the retirees. This contribution is paid twice yearly in increments of thirty-five thousand dollars ($35,000). The first payment is due July 1 of each year and the second payment is due January 1, of each year. The BFF will administer the application of this benefit for its retirees. The BFF and its retirees are solely responsible for the tax treatment of any payments or reimbursements of such amounts to the retirees.
Retiree Benefit. 36.01 “All retirees will continue to receive existing discounts on Rogers’ products for a period of two years after their last day of employment. This is subject to change as per company policy”.
Retiree Benefit. The Employer agrees to pay the amount of twenty cents ($0.20) effective May 8, 2010, twenty cents ($.0.20) continuing on May 1, 2011 and twenty-five cents ($0.25) effective May 1, 2012 per hour worked by each employee represented by Local 183 to the Universal Workers Union Local 183 Retiree Benefit Trust Fund (―the Retiree Benefit Fund‖) for the purpose of purchasing benefits as contemplated by the Agreement and Declaration of Trust establishing the said Retiree Benefit Fund; The Employer shall remit contributions to the Local 183 Members’ Benefit Fund monthly, together with a duly-completed Employers’ Report Form, by the fifteenth (15th) day of the month following the month for which the payment is due for payment to the said Retiree Benefit Fund.
(a) The Employer agrees to pay the sum of ten cents (10¢) for each hour worked by each employee represented by Local 183 to the Universal Workers Union, Local 183 Prepaid Legal Benefits Fund, jointly administered by an equal number of Employer and Union Trustees, for the purpose of providing legal benefits for such employees and their beneficiaries.
(b) The Employer shall remit contributions to the Universal Workers Union, Local 183 Prepaid Legal Benefit Fund monthly, together with a duly completed Employer's Contributions Report Form, by the fifteenth (15th) day of the month following the month for which the payment is due.
Retiree Benefit. Behavior Interventionists Employees shall be eligible for an HRA beginning in year eleven (11) of service. Beginning For full-time employees in years eleven (11) to twenty (20), $2,500 will be deposited annually (July 15 of the following year) into an HRA account. HRA contributions will be prorated on actual service, if service is less than one contract year.
Retiree Benefit. The City shall pay BPOA forty-five thousand dollars ($45,000) per fiscal year of this MOU for the benefit of retirees, who retired prior to 1999. These payments are to be paid by August 1. These August 1st payments will be payment for the previous fiscal year. The BPOA will administer the application of this benefit for its retirees. The retirees are solely responsible for the tax treatment of any payments or reimbursements of such amounts to the retirees. Effective February 5, 2012, the City will contribute $27 per month per active employee to the individual employee’s VEBA account. The City will continue with the $45,000 retiree medical contribution pursuant to this subsection for distribution amongst retirees who retired prior to 1999. Those retirees will continue receiving the current monthly amount and such amount (effective January 1, 2012) shall remain unchanged. The City’s $45,000 contribution will diminish as individual retirees cease to draw funds. At that same time, the VEBA contribution to individual employee accounts will begin to increase. The amount of the increase will be established at the beginning of each fiscal year based on the amount the existing retiree medical pool (the original $45,000 Agreement) diminishes the previous fiscal year. After all former BPOA represented employees have left the retiree medical pool, the City shall no longer make that contribution to BPOA, as all dollars will have been diverted to the individual employee VEBA retiree medical accounts on a pro rata basis.
