Retiree Benefit. (Applies to SB1, SC1, and SD1 only) Any unit member 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 full-time or 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 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 unit member’s PEMHCA plan premium for the unit member and one dependent computed by combining the provisions of 7.1.2 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: 7.12.1 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. 7.12.2 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. 7.12.3 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 XXXX, 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 XXXX and is receiving the survivor’s benefit under PERS.
Appears in 3 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding
Retiree Benefit. (Applies to SB1, SC1, and SD1 only) Any unit member 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 full-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-twenty five dollars and forty-two cents ($425.42) or one hundred percent (100%) of the unit memberrepresented employee’s PEMHCA plan premium for the unit member and one dependent computed by combining the provisions of 7.1.2 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:
7.12.1 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.
7.12.2 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.
7.12.3 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 XXXXPERS, 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 XXXX PERS and is receiving the survivor’s benefit under PERS.
Appears in 3 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding
Retiree Benefit. (Applies to SB1, SC1, and SD1 only) Any unit member 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 full-time or part-part- time position, and who enrolls in a PERS PEMHCA plan shall receive for such time as he/she they maintains his/her their enrollment in a PEMHCA health plan 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 unit member’s PEMHCA plan premium for the unit member and one dependent computed by combining the provisions of 7.1.2 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:
7.12.1 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.
7.12.2 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.
7.12.3 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 XXXX, 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 XXXX and is receiving the survivor’s benefit under PERSXXXX.
Appears in 2 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding
Retiree Benefit. (Applies to SB1, SC1, and SD1 only) Any unit member 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 full-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) dependant the following benefit: effective January 1, 2003, the lesser of a monthly payment of four hundred twenty-twenty five dollars and forty-two cents ($425.42) or one hundred percent (100%) of the unit memberrepresented employee’s PEMHCA plan premium for the unit member and one dependent computed by combining the provisions of 7.1.2 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:
7.12.1 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.
7.12.2 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.
7.12.3 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 XXXXPERS, 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 XXXX PERS and is receiving the survivor’s benefit under PERS.
Appears in 2 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding
Retiree Benefit. (Applies to SB1, SC1, and SD1 only) Any unit member 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 full-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 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 unit memberrepresented employee’s PEMHCA plan premium for the unit member represented employee and one dependent dependant computed by combining the provisions of 7.1.2 Section 8.1.2 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:
7.12.1 8.4.1 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.
7.12.2 8.4.2 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.
7.12.3 8.4.3 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 XXXX, 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 XXXX and is receiving the survivor’s benefit under PERS.
Appears in 2 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding
Retiree Benefit. (Applies to SB1, SC1, and SD1 only) Any unit member who retires from the City on or after January 1, 1987, represented employee 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 dependent 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 unit memberrepresented employee’s PEMHCA plan premium for the unit member and one dependent computed by combining the provisions of 7.1.2 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:
7.12.1 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.
7.12.2 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.
7.12.3 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 XXXX, 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 XXXX and is receiving the survivor’s benefit under PERS.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Memorandum of Understanding
Retiree Benefit. (Applies to SB1, SC1, and SD1 only) Any unit member 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 full-time or part-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 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 unit member’s PEMHCA plan premium for the unit member and one dependent computed by combining the provisions of 7.1.2 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:
7.12.1 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.
7.12.2 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.
7.12.3 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 XXXX, 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 XXXX and is receiving the survivor’s benefit under PERS.
Appears in 1 contract
Samples: Memorandum of Understanding