Common use of Retiree Coverage Clause in Contracts

Retiree Coverage. When an employee retires prior to December 30, 2013, such employee will continue to be covered at the face amount in existence at the time of the employee’s retirement, at the Employer’s expense. Upon retirement or seventy (70) years of age, the face amount for the retiree is reduced by half and the retiree, loses the double indemnity provision. No retiree coverage shall be provided to employees retiring on or after December 30, 2013.

Retiree Coverage. When an Any employee who retires prior to December 30, 2013, such employee will continue to be covered at the face amount in existence at the time of the employee’s 's retirement, at the Employer’s 's expense. Upon retirement or reaching seventy (70) years of age, the face amount for the retiree is reduced by half half, and the retiree, retiree loses the double indemnity provision. No retiree coverage shall be provided to employees retiring on or after December 30, 2013.

Retiree Coverage. When an Any employee who retires prior to December 30, 2013, such employee will continue to be covered at the face amount in existence at the time of the employee’s retirement, at the Employer’s expense. Upon retirement or reaching seventy (70) years of age, the face amount for the retiree is reduced by half half, and the retiree, retiree loses the double indemnity provision. No retiree coverage shall be provided to employees retiring on or after December 30, 2013.