Retiree Health Benefit. This Article does not apply for employees who elect the PERS service credit.
Retiree Health Benefit. 1. Teachers who retire after completing the contract year will continue to have insurance coverage and existing Board contributions through the last day of July if they meet the following conditions:
Retiree Health Benefit. X. Xxxxxxxxx covered by this MOU, who retire from the City of National City after July 1, 2002 and before July 1, 2014, and who retire with at least 20 full years of service under the CalPERS Retirement System shall receive $5/month for each year of PERS Service with the City as the City’s contribution towards their medical insurance premium. This contribution shall continue until the retiree qualifies for Medicare.
Retiree Health Benefit. The District will continue to offer eligible retirees health benefits pursuant to Governing Board Policy 4254.
Retiree Health Benefit. The City of Lincoln shall ensure the current health care benefit of one hundred percent (100%) cost of benefit for employees (and family members where applicable) hired prior to January 1, 1998, and who retire from the City of Lincoln, be maintained. Employees hired after January 1, 1998, and who retire from the City of Lincoln, shall vest in the life time retiree medical health benefits as provided in Government Code Section 22893.
Retiree Health Benefit. For Employees Hired Before July 1, 2005
Retiree Health Benefit for Spouses and Dependents of Members Killed In The Line of Duty. There will be no change in the benefit provisions applicable to spouses or dependents under age 21 of a City employee Member killed in the line of duty as set forth in Municipal Code section 24.1201(f)(11).
Retiree Health Benefit. Employees covered by this MOU, who retire from the City of National City with at least 20 full years of service with the National City Fire Department, shall receive a monthly contribution towards their medical premium as follows:
Retiree Health Benefit. All teachers who retire will receive a maximum retiree health insurance benefit of $36,000. After the end of an employee’s ninth year of service (beginning with year ten), the district will annually contribute $1,000 to a MSRS HCSP account opened for each employee for this purpose. This MSRS HCSP deposit will be deposited by February 15 each year. The total contributions to the account prior to retirement will be deducted from the $36,000 maximum benefit of the retiring employee. Should the total district contributions at the time of retirement not total $36,000, at that time the district will contribute to the retiree’s MSRS HCSP an amount equal to $36,000 less the total annual contributions made to the retiree’s account prior to retirement. Part-time employees will receive pro-rated benefits. The school district’s liability under this section ceases when a teacher is eligible for Medicare. The teacher also has the option to purchase family coverage at his/her own expense.
Retiree Health Benefit. 1. Effective July 1, 2011, all Unit members who are members of LACERS shall contribute an additional two percent (2%) of their pre-tax compensation to defray a portion of the City’s cost of providing retiree health insurance, thereby resulting in a total employee retirement contribution flat rate of nine percent (9%).
