RETIREE HEALTH AND WELFARE Sample Clauses

RETIREE HEALTH AND WELFARE. 1. The Employer and the Union agree that the benefits provided to retirees hereunder are not vested, and that the Employer's sole obligation with respect to such benefits is the contribution stated above. The Employer shall not be obligated to fund or otherwise pay for any benefit beyond the term of this Agreement, except as may be subsequently and expressly agreed to by the Employer. The Trustees are directed to clarify the Plan document and descriptive material accordingly.
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RETIREE HEALTH AND WELFARE. Section 1 Health and welfare coverage shall be provided under the San Diego County Teamsters-Employers Insurance Trust for the purpose of providing medical, hospital, major medical expense benefits and prescription drug benefits for all eligible retired employees and their dependents. Retired employees shall become eligible for the above benefits on the first of the month following their last month of coverage as an active employee, provided that they are entitled to receive Western Conference of Teamsters Pension Benefits within two (2) months following their last month of active employment. Coverage shall cease on the first of the month following the retiree's 65th birth date. The Trust shall only be obligated to provide retiree coverage for any retiree for such months as the Employer actually makes a contribution on behalf of that individual retiree. Once a retiree loses coverage under this Article 7, he and/or his dependents shall not be eligible for any additional coverage under this Article. Coverage for a retiree's dependents shall cease the first of the second month following such retiree's death. The Employer hereby adopts and agrees to be bound by the Trust Instrument creating the San Diego County Teamsters-Employers Insurance Trust Fund and further agrees to accept and execute such "acceptance of documents" as may be required for participation in the Trust. The Employer further agrees to pay to the Trust Fund all contributions due in accordance with the provisions established by the Joint Board of Trustees.
Sample 1
RETIREE HEALTH AND WELFARE. A. Subject to the express terms of this Agreement, the Trustees of the Health and Welfare Fund contained in this agreement shall have the sole and exclusive authority to determine the rules for eligibility to participate in the Health and Welfare Fund. Without limiting the generality of the foregoing, the Trustees may, but shall not be required to, provide benefits and coverage to retired former participants in the Fund. The Trustees at any time may alter the terms for eligibility for retiree participation in the Fund and the benefits and coverage to be provided under the terms of this agreement are for the life of this agreement only and are not supported by any long range or reserve funding agreement. Notwithstanding anything contained in this Agreement or in the documents of the Health and Welfare Fund, the signatory parties to this Agreement expressly agree that retirees shall have no vested right to participate in the Health and Welfare Fund or to receive any benefits or coverage from the Fund at any time following their retirement. The Trustees of the Fund shall adopt and implement the limitations of participation and benefits expressed herein.‌
Sample 1

Related to RETIREE HEALTH AND WELFARE

  • HEALTH AND WELFARE 36.01 Health and welfare benefits shall be as contained in Appendix "A" of this Agreement and shall form part of this Agreement.

  • HEALTH AND WELFARE PLAN 16.01 The Employer agrees to pay the amount as set out in the Wage Schedules for all hours worked for each employee towards the Insurance Plan administered by the CLAC Health and Welfare Trust Fund.

  • Health and Welfare Plans (a) A copy of the master contracts with the carriers for the extended health care, dental and group life plans shall be sent to the President of the Union.

  • HEALTH AND WELFARE BENEFITS (Article 17 applies to full-time nurses only)

  • Health and Welfare Fund Pursuant to provisions contained in a pre­ vious Collective Bargaining Agreement, there has been established a Health and Welfare Fund known as the “ Retail Meat Cutter Unions and Employers Joint Health and Welfare Fund For The Chicago Area” ; said Fund is hereinafter referred to as the “ Health and Welfare Fund.”

  • HEALTH & WELFARE 16:1 The parties signatory hereto shall enter into a Health and Welfare Plan for which there is a Trust Agreement, known as the Line Construction Benefit Fund, for the purpose of providing insurance benefits for eligible employees and/or their dependents. Effective the first of the month following the signature date of this Agreement, the Employer shall pay to the Line Construction Benefit Fund the sum of $6.50 for each hour worked. Hours worked shall be deemed to include straight-time hours worked, overtime hours worked, and report time not worked. Remittance shall be forwarded to the place designated by the parties hereto on or before the fifteenth (15th) day of each month for each hour worked in weekly payroll periods ending during the preceding month, together with a monthly payroll report on a form to be furnished to the Employer. It is understood and intended by the parties to this Agreement that the purpose of this clause is to establish an Employer financed Health and Welfare Trust and that contributions thereto shall not be deemed to be wages to which any employee shall have any right other than the right to have such contributions paid over to the Trust fund in accordance herewith. Failure of an individual Employer to make all payments provided for, including liquidated damages for late payments, within the time specified, shall be a breach of this Agreement and will further require action by the Trustees as set forth in the Trust Agreement. Any increase in the required contributions set forth above will be paid equally (50% by the Employer and 50% by the Employee). The amount paid by the Employee will come from their NEAP contribution.

  • HEALTH & WELFARE BENEFITS Executive shall be eligible to participate in all health and welfare benefits provided generally to other employees of the Company.

  • Retiree Health Benefits 1. There is currently in effect a retiree health benefit program for retired members of LACERS under LAAC Division 4, Chapter 11. All covered employees who are members of LACERS, regardless of retirement tier, shall contribute to LACERS four percent (4%) of their pre-tax compensation earnable toward vested retiree health benefits as provided by this program. The retiree health benefit available under this program is a vested benefit for all covered employees who make this contribution, including employees enrolled in LACERS Tier 3.

  • Retiree Health Insurance Retired members of the Department receiving, or to receive City of Lincoln monthly pension checks, may participate in the group comprehensive health care plan for active City employees, provided that each retiree so desiring will execute the required forms in a timely fashion, and further provided that each retiree will be required to pay the full monthly cost at the current rates subject to any rate increases which may occur from time to time. Such payment will be made by payroll deduction from pension checks, or by direct payment in the case of an early retiree.

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