Retiree Contribution Sample Clauses

Retiree Contribution. The employee enrolls at their own expense for both medical and dental insurance. Only while participating in the CalPERS medical plan will the City pay the minimum employer contribution specified in Section 22892 of the Public Employees’ Medical and Hospital Care Act (PEMHCA) to CalPERS. If retired beginning August 16, 2011 and later: If dental coverage is elected, dental coverage will cease upon the retiree or qualified dependent reaching age 65, at which time, he/she may elect COBRA to continue coverage for 18 months or may elect to terminate dental coverage. The retiree will be required to pay the full premium plus the 2% administrative fee. Failure to pay premiums will result in loss of coverage. FIELD SERVICESTIER 1-B HIRE DATE: February 15, 1986 and earlier. YEARS OF SERVICE: 10 or more years continuous service with the City.
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Retiree Contribution. If the cost of the premium for the selected medical only plan exceeds the District contribution, the retiree will remit to the District the difference between the two.
Retiree Contribution. If the cost of the premium for the selected benefits package exceeds the District contribution, the retiree will remit to the District the difference between the two.
Retiree Contribution. The employee enrolls at their own expense for both medical and dental insurance. Only while participating in the CalPERS medical plan will the City pay the minimum employer contribution specified in Section 22892 of the Public Employees’ Medical and Hospital Care Act (PEMHCA) to CalPERS. Dental coverage will end at retirement. Dental coverage eligibility will be extended through COBRA continuation of coverage for a maximum of 18 months. Extension of coverage may apply in accordance with COBRA regulations; however, unless the retiree meets these COBRA provisions, the maximum coverage period for dental upon retirement is 18 months, To maintain coverage, the full premium plus a 2% administrative fee is payable by the retiree. The employee is not eligible for any flexible spending or other contribution from the City towards continued dental insurance upon retirement.
Retiree Contribution. A. Any unit member eligible for coverage under the ECSDHP as a retiree, who retired before July 1, 1998 shall be covered by the retiree plan without making a payment toward the premium cost of the plan.
Retiree Contribution. The City agrees to continue to contract with the Public EmployeesRetirement System (PERS) to provide the 3% at 50 retirement plan for each active bargaining unit member. The City agrees to contract with PERS to provide the 3% at 55 retirement formula for employees hired on or after July 1, 2011. The City shall contribute, on behalf of each represented employee, the designated percent of regular salary for retirement purposes of such employee, in accordance with applicable Charter provisions and/or provisions of State law except as otherwise herein provided.

Related to Retiree Contribution

  • Retirement Contribution The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay the cost of the 6.5% or 7.5% retirement contribution for employees in the following classifications. Corrections Firearms Instructor Oil & Hazardous Material Responder I Oil & Hazardous Material Responder II

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