Common use of Retiree Health Benefit Clause in Contracts

Retiree Health Benefit. This Article does not apply for employees who elect the PERS service credit. A) Employees hired after January 1, 1999, who have 5 years of Kings County continuous service immediately prior to retirement, are age 50 or older, and retire in good standing at the time of their separation from Kings County employment will receive a percentage of the dollar value of accrued sick leave (at time of retirement) put into an “account” to be used toward Kings County health insurance premiums, at a rate not to exceed the family option per month until the employee, and/or spouse if covered, is eligible for Medicare or the money runs out, whichever occurs first. When an employee and/or spouse, if covered, reach Medicare eligibility the remaining money may be used for Medicare supplemental premiums until the money runs out. The retiree health benefit percentage shall be as follows: Percent of compensation Service (based on hours) Hours Retiree Health Benefit 20,801 - 31,200 25% 31,201 - 41,600 35% 41,601 and over 45% To qualify for the retiree health benefit the employee and any dependents to be covered must be enrolled in the County’s existing health benefit plan at the time of the employee’s retirement from County service. Retiree health benefit payments may be used toward coverage for the employee’s dependents only as long as the dependent(s) is eligible for coverage under the plan, has not reached Medicare eligibility and, in the case of children, only to the age permitted under the plan contract as dependent children. If the employee dies after retirement (or while still employed in good standing) prior to Medicare eligibility and there is money remaining in the account, the employee’s covered dependent(s) may continue to use the account toward Kings County health insurance premiums or Medicare supplemental insurance premiums, if eligible as stated above. Any unused balance in the account remains the property of the County. B) Employees hired prior to January 1, 1999, who separate in good standing shall be allowed a one time irrevocable election to decide whether to receive the retiree health benefit option (if eligible) or cash as follows: Percent of Percent of compensation compensation Service (based on hrs) (based on hrs) Hours Cash OR Retiree Health Benefit 10,401 - 41,600 25% 40% 41,601 and over 30% 50% Taxes will be paid by the employee on the full cash distribution, or the portion of the deposit into the account that could have been taken in cash. Additionally, the cash benefit is taxable in the year the cash is received. Any unused balance in the account remains the property of the County.

Retiree Health Benefit. This Article does not apply for employees who elect the PERS service credit. Aa) Employees hired after January 1, 1999, who have 5 years of Kings County continuous service immediately prior to retirement, are age 50 or older, and retire in good standing at the time of their separation from Kings County employment will receive a percentage of the dollar value of accrued accrue sick leave (at time of retirement) put into an “account” to be used toward Kings County health insurance premiums, at a rate not to exceed the family option per month until the employee, and/or spouse if covered, is eligible for Medicare or the money runs out, whichever occurs first. When an employee and/or spouse, if covered, reach Medicare eligibility the remaining money may be used for Medicare supplemental premiums until the money runs out. The retiree health benefit percentage shall be as follows: Service Hours 0 - 10,400 10,401 – 20,800 20,801 and over Hours Earned (days) 80 (10 days) 88 (11 days) 96 (12 days) Service Hours Percent of compensation Service (based on hours) Hours Retiree Health Benefit 20,801 - 31,200 25% 31,201 - 41,600 35% 41,601 and over 4540% To 50% T o qualify for the retiree health benefit the employee and any dependents to be covered must be enrolled in the County’s existing health benefit plan at the time of the employee’s retirement from County service. Retiree health benefit payments may be used toward coverage for the employee’s dependents only as long as the dependent(s) is eligible for coverage under the plan, has not reached Medicare eligibility age and, in the case of children, only to the age permitted under the plan contract as dependent children. If the employee dies after retirement (or while still employed in good standing) prior to Medicare eligibility age and there is money remaining in the account, the employee’s covered dependent(s) may continue to use the account toward Kings County health insurance premiums or Medicare supplemental insurance premiumsprograms, if eligible as stated above. Any unused balance in the account remains the property of the County. Bb) Employees hired prior to January 1, 1999, who separate in good standing shall be allowed a one time irrevocable election to decide whether to receive the retiree health benefit option (if eligible) or cash as follows: Service Hours 10,400 – 41,600 41,601 and over Percent of Percent of compensation compensation Service (based on hrs) (based on hrs) Hours Cash OR Compensation Retiree Health Benefit 10,401 - 41,600 25% 40% 41,601 and over 3050% 50Percent of Compensation (cash) 20% 25% Taxes will be paid by the employee on the full cash distribution, or the portion of the deposit into the account that could have been taken in cash. Additionally, the cash benefit is taxable in the year the cash is received. Any unused balance in the account remains the property of the County.

Retiree Health Benefit. This Article does not apply for employees who elect the PERS service credit. Aa) Employees hired after January September 1, 19992000, who have 5 years of Kings County continuous service immediately prior to retirement, are age 50 or older, and retire in good standing at the time of their separation from Kings County employment will receive a percentage of the dollar value of accrued sick leave (at time of retirement) put into an “account” to be used toward Kings County health insurance premiums, at a rate not to exceed the family option per month until the employee, and/or spouse if covered, is eligible for Medicare or the money runs out, whichever occurs first. When an employee and/or spouse, if covered, reach Medicare eligibility the remaining money may be used for Medicare supplemental premiums until the money runs out. The retiree health benefit percentage shall be as follows: Percent of compensation Compensation Service (based on hours) Hours Retiree Health Benefit 20,801 - 31,200 25% 31,201 - – 41,600 35% 41,601 and over 45% To qualify for the retiree health benefit the employee and any dependents to be covered must be enrolled in the County’s existing health benefit plan at the time of the employee’s retirement from County service. Retiree health benefit payments may be used toward coverage for the employee’s dependents only as long as the dependent(s) is eligible for coverage under the plan, has not reached Medicare eligibility and, in the case of children, only to the age permitted under the plan contract as dependent children. If the employee dies after retirement (or while still employed in good standing) prior to Medicare eligibility and there is money remaining in the account, the employee’s covered dependent(s) may continue to use the account toward Kings County health insurance premiums or Medicare supplemental insurance premiums, if eligible as stated above. Any unused balance in the account remains the property of the County. Bb) Employees hired prior to January September 1, 19992000, who separate in good standing shall be allowed a one time irrevocable election to decide whether to receive the retiree health benefit option (if eligible) or cash as follows: Percent of Percent of compensation compensation Compensation Compensation Service (based on hrs) (based on hrs) Hours Cash OR Retiree Health Benefit 10,401 - – 41,600 25% 40% 41,601 and over 30% 50% Taxes will be paid by the employee on the full cash distribution, or the portion of the deposit into the account that could have been taken in cash. Additionally, the cash benefit is taxable in the year the cash is received. Any unused balance in the account remains the property of the County.

Retiree Health Benefit. This Article article does not apply for employees who elect the PERS service credit. Aa) Employees hired after January 1, 1999, who have 5 years of Kings County continuous service immediately prior to retirement, are age 50 or older, and retire in good standing at the time of their separation from Kings County employment will receive a percentage of the dollar value of accrued sick leave (at time of retirement) put into an “account” to be used toward Kings County health insurance premiums, at a rate not to exceed the family option per month until the employee, and/or spouse if covered, is eligible for Medicare or the money runs out, whichever occurs first. When an employee and/or spouse, if covered, reach Medicare eligibility the remaining money may be used for Medicare supplemental premiums until the money runs out. The retiree health benefit percentage shall be as follows: Service Hours Percent of compensation Service (based on hours) Hours Retiree Health Benefit 20,801 - 31,200 25% 31,201 - 41,600 35% 41,601 and over 25% 35% 45% To qualify for the retiree health benefit the employee and any dependents to be covered must be enrolled in the County’s existing health benefit plan at the time of the employee’s retirement from County service. Retiree health benefit payments may be used toward coverage for the employee’s dependents only as long as the dependent(s) is eligible for coverage under the plan, has not reached Medicare eligibility and, in the case of children, only to the age permitted under the plan contract as dependent children. If the employee dies after retirement (or while still employed in good standing) prior to Medicare eligibility and there is money remaining in the account, the employee’s covered dependent(s) may continue to use the account toward Kings County health insurance premiums or Medicare supplemental insurance premiums, if eligible as stated above. Any unused balance in the account remains the property of the County. Bb) Employees hired prior to January 1, 1999, who separate in good standing shall be allowed a one time irrevocable election to decide whether to receive the retiree health benefit option (if eligible) or cash as follows: Service Hours Percent of Percent of compensation compensation Service Compensation (based on hrs) Cash OR Percent of Compensation (based on hrs) Hours Cash OR Retiree Health Benefit 10,401 - 41,600 25% 40% 41,601 and over 25% 30% 40% 50% Taxes will be paid by the employee on the full cash distribution, or the portion of the deposit into the account that could have been taken in cash. Additionally, the cash benefit is taxable in the year the cash is received. Any unused balance in the account remains the property of the County.

Retiree Health Benefit. This Article does not apply for employees who elect the PERS service credit. A) Employees hired after January 1April 18, 19992011, who have 5 years of Kings County continuous service immediately prior to retirement, are age 50 or older, and retire in good standing from the County at the time of their separation from Kings County employment will receive a percentage of the dollar value of accrued sick leave (at time of retirement) put into an “account” to be used toward Kings County health insurance premiumspremiums only, at a rate not to exceed the family option per month until the employee, and/or spouse (if covered, ) is eligible for Medicare or the money runs outpayout benefit is exhausted, whichever occurs first. When an employee and/or spouse, if covered, reach Medicare eligibility the remaining money may be used for Medicare supplemental premiums until the money runs out. The retiree health benefit percentage shall be as follows: Percent of compensation Service (based on hours) Hours Retiree Health Benefit 20,801 - 31,200 14,561 – 43,680 25% 31,201 - 41,600 43,681 – 58,240 35% 41,601 58, 241 and over 45% To qualify for the retiree health benefit benefit, the employee and employee, spouse, and/or any dependents to be covered must be enrolled in the County’s existing health benefit plan at the time of the employee’s retirement from County service. Retiree health benefit payments may be used toward coverage for the employee’s spouse and/or dependents only as so long as the dependent(s) is they are eligible for coverage under the plan, has have not reached Medicare eligibility andor, in the case of children, only to the age permitted under the plan contract as dependent children. If the employee dies after retirement (or while still employed in good standing) prior to Medicare eligibility and there is money remaining in the account, the employee’s spouse and/or covered dependent(s) may continue to use the account toward Kings County health insurance premiums or Medicare supplemental insurance premiums, premiums if eligible as stated above. Any unused balance in the account remains the property of the County. B) Employees hired prior to January 1April 18, 19992011, who separate in good standing shall be allowed a one time irrevocable election to decide whether to receive the retiree health benefit option (if eligible) or cash as follows: Percent of Percent of compensation compensation Compensation Compensation Service (based on hrs) OR (based on hrs) Hours Cash OR Retiree Health Benefit 10,401 - 41,600 2514,561 – 58,240 20% 40% 41,601 58,241 and over 3020% 50% Taxes will be paid by the employee on the full cash distribution, or the portion of the deposit into the account that could have been taken in cash. Additionally, the cash benefit is taxable in the year the cash is received. Any unused balance in the account remains the property of the County.

Retiree Health Benefit. This Article does not apply for employees who elect the PERS service credit. Aa) Employees E mployees hired after January September 1, 19992000, who have 5 years of Kings County continuous service immediately prior to retirement, are age 50 or older, and retire in good standing at the time of their separation from Kings County employment will receive a percentage of the dollar value of accrued sick leave (at time of retirement) put into an “account” to be used toward Kings County health insurance premiums, at a rate not to exceed the family option per month until the employee, and/or spouse if covered, is eligible for Medicare or the money runs out, whichever occurs first. When an employee and/or spouse, if covered, reach Medicare eligibility the remaining money may be used for Medicare supplemental premiums until the money runs out. The retiree health benefit percentage shall be as follows: Percent of compensation Compensation Service (based on hours) Hours Retiree Health Benefit 20,801 - – 31,200 25% 31,201 - – 41,600 35% 41,601 and over 45% To qualify for the retiree health benefit the employee and any dependents to be covered must be enrolled in the County’s existing health benefit plan at the time of the employee’s retirement from County service. Retiree health benefit payments may be used toward coverage for the employee’s dependents only as long as the dependent(s) is eligible for coverage under the plan, has not reached Medicare eligibility and, in the case of children, only to the age permitted under the plan contract as dependent children. If the employee dies after retirement (or while still employed in good standing) prior to Medicare eligibility and there is money remaining in the account, the employee’s covered dependent(s) may continue to use the account toward Kings County health insurance premiums or Medicare supplemental insurance premiums, if eligible as stated above. Any unused balance in the account remains the property of the County. Bb) Employees E mployees hired prior to January September 1, 19992000, who separate in good standing shall be allowed a one time irrevocable election to decide whether to receive the retiree health benefit option (if eligible) or cash as follows: Percent of Percent of compensation compensation Compensation Compensation Service (based on hrs) (based on hrs) Hours Cash OR Retiree Health Benefit 10,401 - – 41,600 25% 40% 41,601 and over 30% 50% Taxes will be paid by the employee on the full cash distribution, or the portion of the deposit into the account that could have been taken in cash. Additionally, the cash benefit is taxable in the year the cash is received. Any unused balance in the account remains the property of the County.