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.
Retiree Health Insurance. All retired members of the bargaining unit who have not reached normal social security age, as defined by the Social Security Administration, may participate in the City employee's health care plan or plans, provided 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 cost of such coverage subject to any rate increases which may occur from time to time. Such payments will be made directly to the plan provider or administrator by the retired member. The City shall incur no additional obligation from lack of the execution of the required forms or from payments not being made by the retired member.
Retiree Health Insurance. 1. For purposes of this policy, health insurance does not include dental or vision care.
2. The Agency will continue the Public Employees’ Medical and Hospital Care Act (PEMHCA) insurance plan through the term of this agreement.
3. Following is a breakdown of benefits and eligibility based on Agency date of hire: For employees hired: Prior to January 1, 2010 Minimum required CalPERS service: 5 years Basis of premium formula: Agency active employee health insurance premium caps Amount paid by Agency: The Agency’s contribution amounts for 2016 are as follows: Employee Only coverage - $632.87 Employee Plus One coverage - $1,004.30 Employee Plus Family coverage - $1,167.70 The Agency’s contribution amount increases annually by 5% of the active employee health insurance premium cap or $100, whichever is less, until 100% of the active employee health insurance premium cap is reached. Visit The Splash or contact Administrative Services for specific annual contribution amounts. For employees hired: On or after January 1, 2010 Minimum required CalPERS service: 10 years Minimum required Agency service: 5 years Basis of premium formula: CalPERS health insurance premium cap Amount paid by Agency: Fixed percentage based on CalPERS Years of Service, starting at 50% at 10 years of CalPERS service and increasing by 5% for each additional year of CalPERS service until 100% of the CalPERS health insurance premium cap is paid, which equates to 20 years of CalPERS service. (To calculate employee-specific percentages, visit The Splash or contact Administrative Services.)
4. If a retiring employee opts to use unused accrued sick leave under provisions of Article 26 to pay the cost of retiree health insurance premiums, the Agency will pay the amount of the retiree health insurance premium cap directly to CalPERS and will pay directly to the employee any remaining monthly balance up to the current active employee health insurance premium cap.
Retiree Health Insurance. A. All retired members of the bargaining unit who have not reached Medicare eligibility age (65) may participate in the group health care plan or plans 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 cost of such coverage subject to any rate increases which may occur from time to time. Such payments will be made by the retiree to the plan provider or administrator, with no additional obligation on the part of the City.
B. Any new employee hired after September 1, 2008 who subsequently retires prior to reaching Medicare eligibility age (age 65) may participate in the group health care plan or plans for active City employees, provided that such employee pays 100% of the premium rate as actuarially determined for those employees in this group.
Retiree Health Insurance. Employees who retire from Xxxxxxxxxx County employment and are immediately eligible for benefits will be allowed to continue their health and hospitalization under the group plan at the retiree’s expense.
Retiree Health Insurance. In accordance with Xxxxxxxxxx County Resolution No. 17-163, the following changes to the retiree group insurance cost sharing formula shall be implemented for all bargaining unit members hired after July 1, 2011:
(a) Each employee hired or rehired as a permanent employee on or after July 1, 2011, including any employee awarded a nonservice connected disability, and who is a member of a County retirement plan must have at least 10 years of County service to be eligible for group insurance continuation when the employee leaves County service. All other eligibility criteria remain the same as applied before that date.
(b) The cost-sharing formula for each employee hired or rehired as a permanent employee on or after July 1, 2011, for medical, dental, discount vision, standard option prescription, basic life, dependent life insurance ($2,000/$1,000/$100 tier), is:
(1) 50% County/SO% retiree for each retiree with 10 years of eligibility under the group insurance plan as an active employee;
(2) 70% County/30% retiree for each retiree with 25 or more years of eligibility under the group insurance plan as an active employee; and
(3) for each year between 10 and 25 years that the employee is eligible under the group insurance plan as an active employee, the County's share must increase 1.33 percentage points to the maximum County share of 70%. If an employee retires on a service-connected disability under the Employees' Retirement System and the employee does not have 10 years of eligibility under the group insurance plan, for group insurance eligibility and cost-sharing purposes the employee must be treated as having 10 years of County service.
Retiree Health Insurance. Any plans or policies of the Company providing for medical, dental, vision or similar benefits for retired employees existing as of the time of a Change of Control shall, as to the Executive, not be rescinded or modified in any manner which is adverse to the Executive following a Change of Control.
Retiree Health Insurance. The County will contribute toward the monthly premium for eligible retirees enrolled in a PERS health insurance program as directed by XxxXXXX.
Retiree Health Insurance. Each employee covered by the terms of this Agreement who retires from employment with the Pinellas County Sheriff’s Office and simultaneously draws Florida Retirement System benefits will be afforded the opportunity to retain his health insurance.
Retiree Health Insurance. An Adult Academic teacher who is a member of the District 281 major medical and hospitalization group plan, who has twenty (20) full years of full-time employment, or the equivalent, in the school district and who retires following the age of 55, may continue as a member in the insurance group. The district will continue to pay up to a maximum of $200 for the monthly hospitalization/medical insurance premium until the age of Medicare. A retired teacher may continue in the group at no cost to the school district after the district contribution is completed. Newly hired Adult Academic teachers will serve an eighteen-month probationary period, two school years. The district may discharge an Adult Academic Program teacher at any time during the probationary period for failure to meet job expectations. The probationary teacher will receive a minimum of two (2) performance evaluations during the probationary period. The teacher becomes a permanent employee after successful completion of the probationary period. Recall shall be in seniority order. A teacher with the greatest seniority shall be recalled first from the layoff list. The number of hours of paid time off available annually shall be 2.4 (two and four-tenths) times the average number of hours worked per week. That amount shall be prorated for teachers who work less than 38 weeks. Paid time off may be accumulated from year to year. Seniority shall be defined as the date on which a teacher is hired to work as an Adult Academic teacher. Teachers who hold positions in the Adult Academic program shall hold seniority rights only to teaching positions in the Adult Academic program. Seniority rights cannot be transferred to positions in other Appendices programs or to positions in the Early Childhood Special Education kindergarten through grade 12 programs. Teachers in other Appendices programs and teachers in the Early Childhood Special Education kindergarten through grade 12 programs hold no seniority rights to positions in the Adult Academic program. Teachers hired before June 1, 1997 and have taught in the Adult Academic Program for the equivalent of 15 full years and have reached the age of 55 shall be eligible for a lump sum payment. Full-time is defined as 37.5 hours per week for 38 weeks for the school year. Teachers shall receive thirty (30) days of pay for their years of service at their average daily rate of pay during their last year of employment with the program. In addition, teachers shall be pai...
