Retiree Continuation. Whenever the term "years of service" is used in this Agreement, that term shall be defined to mean years of service an employee has with the City of East Moline. Retiree Premiums Prior to January 1, 1994: All retirees who have elected to continue insurance prior to January 1, 1994, shall continue to receive coverage under their current premium terms. Retiree Premiums from January 1, 1994, through April 30, 2014: All employee hired from January 1, 1994, through April 30, 2014, shall receive retiree continuation coverage in accordance with the terms in effect at the time of hiring.
Retiree Continuation. Employees who retire with at least twenty (20) years credible service, and employees who leave active service as a result of a disability pension through the Monmouth Police Pension Fund, shall be eligible to continue to participate in the health plan provided to employees covered by this Agreement. The Employer shall pay one hundred and fifty ($150.00) dollars of the cost of the premium for such coverage or coverage under another plan if the employee elects to leave the City Plan. This benefit shall apply only to those employees who separate after the signing of this Agreement. Upon becoming eligible for Medicare, retirees will be required to sign up for Plan D coverage for drug prescriptions.
Retiree Continuation. Effective January 1, 1994, an employee who retires (starts receiving a City pension) with twenty
