Retiree Health Reimbursement Arrangement. The Company and the Union agree to continue participa- tion in the existing Retiree Health Reimbursement Arrange- ment (HRA) for eligible employees (as specified in the applicable plan documents) who are age 55* or older with 10 or more years of service and who retire between June 16, 2018 and June 15, 2022. The parties agree to work together to execute a Participation Agreement by December 1, 2018 or as soon thereafter as practical. Pursuant to the terms of this Attachment and the Participation Agreement and other necessary documents satisfactory to the parties, the Company shall, pursuant to the below schedule, con- tribute to the Utility Workers Union of America (UWUA) Health and Welfare Fund, or another fund as may be mutu- ally agreeable to the parties, the following amounts. *For employees who retire on or after January 1, 2022 with 10 years of pension service, the minimum age require- ment is 58.
Retiree Health Reimbursement Arrangement. (HRA) The City shall contribute one percent (1%) of base salary per pay period into the retiree HRA plan. Fees will be paid in accordance with the Plan Document. During the term of this MOU, the Association may elect to contribute a set amount of salary to the retiree HRA for each employee in the bargaining unit, and/or contribute separation pay to the retiree HRA. The City shall be notified of any such election sixty (60) days prior to the effective date.
Retiree Health Reimbursement Arrangement. A. Employees who are 60 years or older, have completed five (5) years of service at EFF and retire from EFF are eligible to enroll in an EFF Retiree Health Reimbursement Arrangement (RHRA). The RHRA can be used to pay for health expenses during retirement, such as medical care, prescription drugs, and health insurance premiums.
Retiree Health Reimbursement Arrangement. 2 In January of each year, an annual contribution will be paid into the employee’s 3 individual Retiree Health Reimbursement Arrangement (rHRA) account and will be 4 based on months of service as of January 1st of each year. 5 In order to receive a contribution, an employee must meet the qualifications as 6 outlined for health insurance by the District: 7 • Employees with 61 to 120 months completed will receive an annual 8 contribution totaling Fifteen Hundred Dollars ($1,500). 9 • Employees with 121 to 180 months completed will receive an annual 10 contribution totaling Twenty-Five Hundred Dollars ($2,500). 11 • Employees with 181 to 240 months completed will receive an annual 12 contribution totaling Thirty-Five Hundred Dollars ($3,500). 13 • Employees with 241 months completed or more will receive an annual 14 contribution totaling Forty-Five Hundred Dollars ($4,500). 15 16 As an incentive to encourage internal promotion to the position of Battalion Chief 17 and to encourage retention in the position, one-time lump sum payments based 18 on months as a Battalion Chief will be provided as follows: 19 20 • When an employee has completed 12 months as a Battalion Chief they shall 21 receive a one-time lump sum contribution of Twenty-Five Hundred Dollars 22 ($2,500) 23 • When an employee has completed 24 months as a Battalion Chief they shall 24 receive an additional one-time lump sum contribution of Five Thousand 25 Dollars ($5,000) 26 • When an employee has completed 36 months as a Battalion Chief they shall 27 receive an additional one-time lump sum contribution of Ten Thousand 28 Dollars ($10,000) 29 30 Employees with 25 fully completed years of cumulative service with the District 31 and 60 months completed as a Battalion Chief shall receive a one-time lump sum 32 contribution of Twenty-Five Thousand Dollars ($25,000) upon retirement. 33 34 There shall be a rHRA reopener for FY 23/24. 35 There shall be a rHRA reopener for FY 24/25. 36 There shall be a rHRA reopener for FY 25/26. 37
Retiree Health Reimbursement Arrangement. 2 Retiree Health Reimbursement Arrangement (rHRA) accounts will be funded as 3 follows:
Retiree Health Reimbursement Arrangement. The Company and the Union agree that a Retiree Health Reimbursement Arrangement (HRA) will be established for employees who are age 55 or older with 10 or more years of service and who retire between January 1, 2016 and July 15, 2018. The parties agree to work together to execute a Participation Agreement by September 1, 2015 or as soon thereafter as practical. Pursuant to the terms of this Attach- ment and the Participation Agreement and other necessary documents satisfactory to the parties, the Company shall, pursuant to the below schedule, contribute to the Utility Workers Union of America (UWUA) Health and Welfare Fund, or another fund as may be mutually agreeable to the parties, the following amounts.
