Common use of Retiree Benefit Clause in Contracts

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:

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 twenty-five dollars and forty-two cents ($425.42) or one hundred percent (100%) of the represented employee’s PEMHCA plan premium for the represented employee and one dependant computed by combining the provisions of Section 8.2 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:

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 dependant 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:

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 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 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:

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- 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 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 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: