Retiree Benefit Program Sample Clauses

Retiree Benefit Program. (a) The Employer agrees to pay the following for the employee who is an eligible retiree of the City of Ottawa:
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Retiree Benefit Program. Unit members retiring under STRS between the ages of 50 and 65 (and their eligible dependents), having completed at least ten (10) years of service with the District shall be entitled to up to five (5) years of District paid benefits, not to exceed age 65. The district contributions shall be the same as active employees, subject to the same premium cap. Members hired after July 1, 2007 must meet the above listed requirements but have at least fifteen (15) years of service with the district. Bargaining unit members participating in the pre-retirement reduced workload program are likewise entitled to this provision. Bargaining unit members serving in part-time assignments shall receive a prorated contribution. This provision shall expire no later than the bargaining unit member’s sixty- fifth (65th) birthday.
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Retiree Benefit Program. Unit members, except those hired on or after July 1, 2014, who retire from the District on or after June 1, 1992, under the State Teachers Retirement System with a minimum of fifteen (15) years of District service shall be eligible to receive a District contribution of up to the full cost of the District's employee Benefit Programs 1, 2, 3, as listed in Article XVI but not in excess of $300 per month. Unit members hired on or after July 1, 2014, shall not be eligible for the Retirement Benefit Program. Such contribution shall be made for each eligible unit member who elects to participate in the program. Insurance carriers other than the District's may be utilized upon verification of insurance carrier to the district office. Unit members shall receive the benefit from age 55 through age 64, if retired under the State Teachers Retirement System. Whenever any District employee goes directly from active employment to retirement under the State Teachers Retirement System, and is not eligible for the foregoing employee benefit program, the employee shall nevertheless be entitled to continue in the District's employee benefit programs providing the employee pays their own premium in advance for such benefits. If, upon retirement, the employee elects not to participate in the benefit program, the decision is irrevocable.
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Retiree Benefit Program. An employee who retires and is in receipt of a non-actuarially reduced pension shall be entitled to the benefits of Article 24, Clause 24:06 until age 65 and the premium costs of such plans shall be borne by the Employer.
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Retiree Benefit Program. The company agrees to work with the Union in an effort to provide benefits to Xxxxx Motors Buick GMC Limited’s retirees. It is understood that the cost of such benefits would be the total responsibility of the retiree participants and any benefit program will be cost neutral for Xxxxx Motors Buick GMC Limited. SCHEDULE "E" EMPLOYEE NEW CAR PURCHASE PLAN All employees, with one year or more seniority, may purchase one new vehicle per year for their own use at Dealer Cost including Freight and P.D.I. plus $100.00 for "Ordered Unit" or $150.00 for "Stock Unit", provided the vehicle is registered in the employees name or the name of his/her spouse, and providing the employee agrees that the vehicle will not be sold within one year of purchase. To make such a purchase, the employee must deal directly with the New Car Department Manager and may not involve a salesperson. All such sales will be subject to the availability of vehicles and to quotas of vehicles placed on the Dealer by the Manufacturer. SCHEDULE "F" LOSS OF DRIVERS LICENSE In the event an employee loses his/her license to operate a motor vehicle, the Company will endeavor to accommodate the employee subject to the work available. This schedule shall only apply if the employee advises the Company immediately in the event of the loss of their drivers license. This provision shall apply on a one time basis only for employees with one or more year's seniority and shall be for a period not to exceed one (1) year. SCHEDULE "G" SUBSTANCE ABUSE Substance Abuse is recognized to be a serious medical and social problem that can affect employees. The Company and the Union have a strong interest in encouraging early treatment and assisting employees towards full rehabilitation. The Company will continue to provide a comprehensive approach towards dealing with substance abuse and its related problems. Company assistance will include referral of employees to appropriate counseling services or treatment and rehabilitation facilities. The Company will provide all normal group insurance benefits while under a medically prescribed course of treatment. Nothing in this statement is to be interpreted or construed as a waiver of management's right to maintain discipline in any case of misconduct which may result or be associated with the use of alcohol and/or drugs. SCHEDULE "H" TIME TICKET Time tickets will be handed to each flat rate employee within one half (½) day after the next day shift starts. SCHEDULE "I" DEBITS P...
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Retiree Benefit Program. Subject to Appendix F, an employee who retires and is in receipt of a non-actuarially reduced pension shall be entitled to the benefits of Article 24, Clause 24:06 until age 65 and the premium costs of such plans shall be borne by the Employer.
Sample 1
Retiree Benefit Program. The company agrees to work with the Union in an effort to provide benefits to Xxxxx Motors Buick GMC Limited’s retirees. It is understood that the cost of such benefits would be the total responsibility of the retiree participants and any benefit program will be cost neutral for Xxxxx Motors Buick GMC Limited. EMPLOYEE NEW CAR PURCHASE PLAN All employees, with one year or more seniority, may purchase one new vehicle per year for their own use at Dealer Cost including Freight and P.D.I. plus $100.00 for "Ordered Unit" or $150.00 for "Stock Unit", provided the vehicle is registered in the employees name or the name of his/her spouse, and providing the employee agrees that the vehicle will not be sold within one year of purchase. To make such a purchase, the employee must deal directly with the New Car Department Manager and may not involve a salesperson. All such sales will be subject to the availability of vehicles and to quotas of vehicles placed on the Dealer by the Manufacturer.
Sample 1
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Retiree Benefit Program. Retiring bargaining unit members employed before July 1, 1983, between the ages of 55 and 65 (and their eligible dependents), having completed at least ten (10) years of service with the district shall be entitled to up to five (5) years of district paid benefits, the district contribution to which shall be the same as active employees, subject to the same premium cap. This provision shall expire no later than the bargaining unit member’s sixty-fifth (65th) birthday. The coverage may be granted to retirees employed on or after July 1, 1983, at the discretion of the Board of Education.
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Retiree Benefit Program. Retiring bargaining unit members employed before July 1, 1983, between the ages of 55 and 65 (and their eligible dependents), having completed at least ten
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Related to Retiree Benefit Program

  • Benefit Programs The Executive shall be eligible to participate in any plans, programs or forms of compensation or benefits that the Company or the Company’s subsidiaries provide to the class of employees that includes the Executive, on a basis not less favorable than that provided to such class of employees, including, without limitation, group medical, disability and life insurance, paid time-off, and retirement plan, subject to the terms and conditions of such plans, programs or forms of compensation or benefits.

  • Retiree Benefits Employees retiring on or after January 1, 2006 will be eligible for retiree benefits as presented to the Union Negotiation Committee during discussions for renewal of the Collective Agreements that expired December 31, 2002.

  • Same Sex Benefit Coverage An employee who co-habits with a person of the same sex, and who promotes such person as a "spouse" (partner), and who has done so for a period of not less than twelve (12) months, will be eligible to have the person covered as a spouse for purposes of Medical, Extended Health, and Dental benefits.

  • Retiree Health Benefits 1. There is currently in effect a retiree health benefit program for retired members of LACERS under LAAC Division 4, Chapter 11. All covered employees who are members of LACERS, regardless of retirement tier, shall contribute to LACERS four percent (4%) of their pre-tax compensation earnable toward vested retiree health benefits as provided by this program. The retiree health benefit available under this program is a vested benefit for all covered employees who make this contribution, including employees enrolled in LACERS Tier 3.

  • 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.

  • RETIREE HEALTH SAVINGS PLAN Effective, December 24, 2006, or as soon as administratively possible, the County shall establish a retiree health savings plan (RHSP) by contributing an amount of $25.00 to the employee’s RHSP each biweekly pay period.

  • HEALTH & WELFARE BENEFITS Executive shall be eligible to participate in all health and welfare benefits provided generally to other employees of the Company.

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