Common use of Retiree Health Benefits Clause in Contracts

Retiree Health Benefits. 1. There is currently in effect a retiree health benefit program for retired members of LACERS under Chapter 11 (Health and Welfare Programs for Retirees of the Los Angeles City Employees' Retirement System) of the LAAC. 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.

Appears in 9 contracts

Samples: Letter of Agreement, Letter of Agreement, Letter of Agreement

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Retiree Health Benefits. 1. There is currently in effect a retiree health benefit program for retired members of LACERS under Chapter 11 (Health and Welfare Programs for Retirees of the Los Angeles City Employees' Retirement System) of the LAAC. All covered employees, who are members of LACERS, regardless of retirement tier, shall contribute to LACERS four percent (4%) of their pre- 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 LACEr S Tier 3.. MOU37-21

Appears in 1 contract

Samples: clkrep.lacity.org

Retiree Health Benefits. 1. There is currently in effect a retiree health benefit program for retired members of LACERS under Chapter 11 (Health and Welfare Programs for Retirees of the Los Angeles City Employees' Retirement System) of the LAAC. All covered employees, who are members of LACERS, regardless of retirement tier, shall contribute to LACERS four percent (4%) of their pre- 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 LACEr S Tier 3.

Appears in 1 contract

Samples: clkrep.lacity.org

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Retiree Health Benefits. 1. There is currently in effect a retiree health benefit program for retired members of LACERS under Chapter 11 (Health and Welfare Programs for Retirees of the Los Angeles City Employees' ’ Retirement System) of the LAAC. 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.

Appears in 1 contract

Samples: cao.lacity.gov

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