Common use of Retiree Health Care Clause in Contracts

Retiree Health Care. It is agreed that Management will pay the hospitalization insurance premium (at their earned percentage less any applicable premium sharing amount) for the retiree, spouse, and eligible dependents until such time as the retiree becomes eligible for Medicare or similar national health insurance benefits. If the retiree dies after retirement before becoming eligible for Medicare or similar national health insurance benefits, the spouse and eligible dependents (if any) shall continue to have the hospitalization insurance premium (at the earned percentage less any applicable premium sharing amount) paid by the City until such time as the retiree would have become eligible for Medicare or similar national health insurance benefits. Such coverage shall end if the surviving spouse should remarry or is covered by health care coverage under his/her employer. Spouse and/or qualified dependents are understood to be that person to whom the retiree is married and the eligible dependents at the time he/she begins receiving a pension allowance. In the case of a disability retirement granted under the provisions of Section 1.252 of the City of Grand Rapids Police and Fire Retirement System Ordinance, if the retiree and the spouse at the time of retirement should have further children after retirement, such children by birth or legal adoption shall also be considered to be qualified dependents for the first two (2) of such births and/or adoptions only. No further qualified dependents may be added due to birth or legal adoption after the retiree reaches age fifty (50). The City contribution towards retiree health care shall be earned over a period of twenty-five (25) years with an earning rate of four percent (4%) per year for a maximum of one hundred percent (100%). It is understood that the earning percentages, as contained herein, shall apply except in the case where an employee is disabled and retired pursuant to the disability provisions of the City of Grand Rapids Police and Fire Retirement System Ordinance. In such case he/she shall be considered to have earned one hundred percent (100%) less any applicable premium sharing contribution. A bargaining unit member who enters the GRPCOA after September 15, 2009 shall enter with the defined benefit program entitlements or with alternative Retiree Health Care Savings Account (RHSA) benefits he/she had in another unit. Bargaining unit members hired directly into the bargaining unit shall be entitled to an RHSA with applicable ongoing contributions required by the employee and the City. A bargaining unit member who retires after September 15, 2009 shall be required to share in the cost of retiree health care by paying a health care premium contribution in the amount applicable to active employees, unless he/she has alternative RHSA benefits. A bargaining unit member as of September 15, 2009 who ceases to be a member, except by death or retirement, before attaining the minimum service retirement age of fifty (50) shall be allowed to qualify for pre-Medicare eligible (or other similar national health insurance benefits) retiree health care coverage provided he/she upon reaching age fifty (50) applies for retirement in accordance with Section 1.250 of the City of Grand Rapids Police and Fire Retirement System Ordinance, and also applies for City pre-Medicare eligible (or other similar national health insurance benefits) retiree health care coverage. Coverage shall be provided at the earned percentage less any applicable premium sharing amount. Eligible service retirees between the age of fifty (50) and sixty-four (64) inclusive and eligible disability retirees between the age of disability retirement and sixty-four (64) inclusive who elect to suspend their coverage because they have other available coverage shall be permitted to re-enter the City of Grand Rapids pre-65 retiree health care plan at a later date, provided however that a spouse and/or dependents who were not eligible at the time of suspension cannot be added to the coverage at the time of re-entry.

Appears in 2 contracts

Samples: www.grandrapidsmi.gov, www.grandrapidsmi.gov

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Retiree Health Care. It is agreed that Management will pay the hospitalization insurance premium (at their earned percentage less any applicable premium sharing amount) for the retiree, spouse, and eligible dependents until such time as the retiree becomes eligible for Medicare or similar national health insurance benefits. If the retiree dies after retirement before becoming eligible for Medicare or similar national health insurance benefits, the spouse and eligible dependents (if any) shall continue to have the hospitalization insurance premium (at the earned percentage less any applicable premium sharing amount) paid by the City until such time as the retiree would have become eligible for Medicare or similar national health insurance benefits. Such coverage shall end if the surviving spouse should remarry or is covered by health care coverage under his/her employer. Spouse and/or qualified dependents are understood to be that person to whom the retiree is married and the eligible dependents at the time he/she begins receiving a pension allowance. In the case of a disability retirement granted under the provisions of Section 1.252 of the City of Grand Rapids Police and Fire Retirement System Ordinance, if the retiree and the spouse at the time of retirement should have further children after retirement, such children by birth or legal adoption shall also be considered to be qualified dependents for the first two (2) of such births and/or adoptions only. No further qualified dependents may be added due to birth or legal adoption after the retiree reaches age fifty (50). The City contribution towards retiree health care shall be earned over a period of twenty-five (25) years with an earning rate of four percent (4%) per year for a maximum of one hundred percent (100%). It is understood that the earning percentages, as contained herein, shall apply except in the case where an employee is disabled and retired pursuant to the disability provisions of the City of Grand Rapids Police and Fire Retirement System Ordinance. In such case he/she shall be considered to have earned one hundred percent (100%) less any applicable premium sharing contribution. A bargaining unit member who enters the GRPCOA after September 15, 2009 shall enter with the defined benefit program entitlements or with alternative Retiree Health Care Savings Account (RHSA) benefits he/she had in another unit. Bargaining unit members hired directly into the bargaining unit shall be entitled to an RHSA with applicable ongoing contributions required by the employee and the City. A bargaining unit member who retires after September 15, 2009 shall be required to share in the cost of retiree health care by paying a health care premium contribution in the amount applicable to active employees, unless he/she has alternative RHSA benefits. A bargaining unit member as of September 15, 2009 who ceases to be a member, except by death or retirement, before attaining the minimum service retirement age of fifty (50) shall be allowed to qualify for pre-Medicare eligible (or other similar national health insurance benefits) retiree health care coverage provided he/she upon reaching age fifty (50) applies for retirement in accordance with Section 1.250 of the City of Grand Rapids Police and Fire Retirement System Ordinance, and also applies for City pre-Medicare eligible (or other similar national health insurance benefits) retiree health care coverage. Coverage shall be provided at the earned percentage less any applicable premium sharing amount. Eligible service retirees between the age of fifty (50) and sixty-four (64) inclusive and eligible disability retirees between the age of disability retirement and sixty-four (64) inclusive who elect to suspend their coverage because they have other available coverage shall be permitted to re-enter the City of Grand Rapids pre-65 retiree health care plan at a later date, provided however that a spouse and/or dependents who were not eligible at the time of suspension cannot be added to the coverage at the time of re-entry.

Appears in 1 contract

Samples: www.lris.com

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Retiree Health Care. It is agreed For all employees hired before June 15, 2015 who retire after the effective date of this Agreement, the Employer agrees to provide hospitalization coverage to all retired members of Local 331 (retiree) with at least 20 years of service to the Employer. Said coverage will be limited to that Management will pay the hospitalization insurance premium (at their earned percentage less any applicable premium sharing amount) of a single person. The Employer’s cost for the retiree, spouse, and ’s hospitalization premium shall be capped at the amount in effect for a single person on the date of his/her retirement. Any additional costs related to premium increases or additional coverage for eligible dependents until such family members shall be the responsibility of the retiree. At the time as the retiree becomes eligible for Medicare (as provided by federal law), he/she must accept such coverage. A retiree that is covered under Medicare shall no longer be eligible to continue on the Employer’s hospitalization plan. The Employer will provide any retiree that is covered under Medicare with a monthly stipend equal to two-hundred dollars ($200.00) in lieu of participation in the Employer’s hospitalization plan. At the time of retirement, any bargaining unit member that is eligible to participate in the Employer’s hospitalization plan, but chooses to decline participation, shall be paid a one-time deferral fee equal to twenty-five thousand dollars ($25,000.00). Such retiree shall have no future right to access the Employer’s hospitalization plan. For all employees hired on or similar national health insurance benefits. If the retiree dies after retirement before becoming eligible for Medicare or similar national health insurance benefitsJune 15, 2015, the spouse and eligible dependents Employer will sponsor a health care savings plan (if anyHCSP) for all such employees. Employees shall continue make mandatory weekly contributions to have the hospitalization insurance premium plan of at least five dollars ($5.00) per week. The Employer will contribute at least nineteen dollars ($19.00) per week. The Employer’s contributions shall remain in the earned percentage less any applicable premium sharing amount) paid by property of the City Employer until such time as the retiree would have become eligible for Medicare or similar national health insurance benefits. Such coverage shall end if the surviving spouse should remarry or is covered by health care coverage under his/her employer. Spouse and/or qualified dependents are understood to be that person to whom the retiree is married and the eligible dependents at the time he/she begins receiving a pension allowance. In the case of a disability retirement granted under the provisions of Section 1.252 of the City of Grand Rapids Police and Fire Retirement System Ordinance, if the retiree and the spouse at the time of retirement should have further children after retirement, such children by birth or legal adoption shall also be considered to be qualified dependents for the first two employee completes ten (2) of such births and/or adoptions only. No further qualified dependents may be added due to birth or legal adoption after the retiree reaches age fifty (50). The City contribution towards retiree health care shall be earned over a period of twenty-five (2510) years of continuous service with an earning rate of four percent (4%) per year for a maximum of one hundred percent (100%)the Employer. It is understood that the earning percentages, as contained herein, shall apply except in the case where If an employee is disabled and retired pursuant separates employment for any length of time prior to the disability provisions completion of the City ten (10) years of Grand Rapids Police and Fire Retirement System Ordinance. In such case continuous service, he/she shall be considered forfeit all Employer contributions and related interest earnings. Prior to have earned one hundred percent (100%) less any applicable premium sharing contribution. A bargaining unit member who enters the GRPCOA after September 15their anniversary each year, 2009 shall enter with the defined benefit program entitlements or with alternative Retiree Health Care Savings Account (RHSA) benefits he/she had in another unit. Bargaining unit members hired directly into the bargaining unit shall be entitled eligible Employees may roll up to an RHSA with applicable ongoing contributions required by the employee and the City. A bargaining unit member who retires after September 15, 2009 shall be required to share in the cost of retiree health care by paying a health care premium contribution in the amount applicable to active employees, unless he/she has alternative RHSA benefits. A bargaining unit member as of September 15, 2009 who ceases to be a member, except by death or retirement, before attaining the minimum service retirement age of fifty (50) shall be allowed to qualify for prehours of unused PTO into the City-Medicare eligible (or other similar national health insurance benefits) retiree sponsored health care coverage provided he/she upon reaching age fifty (50) applies for retirement in accordance with Section 1.250 of the City of Grand Rapids Police and Fire Retirement System Ordinance, and also applies for City pre-Medicare eligible (or other similar national health insurance benefits) retiree health care coveragesaving plan. Coverage shall be provided at the earned percentage less any applicable premium sharing amount. Eligible service retirees between the age of fifty (50) and sixty-four (64) inclusive and eligible disability retirees between the age of disability retirement and sixty-four (64) inclusive who elect to suspend their coverage because they have other available coverage shall be permitted to re-enter the City of Grand Rapids pre-65 retiree health care plan at a later date, provided however that a spouse and/or dependents who were not eligible at the time of suspension PTO hours cannot be added to the coverage at the time of reaccrue from year-entryto-year.

Appears in 1 contract

Samples: cms8.revize.com

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