Retiree Insurance. 12.1 Employees who retire must meet the following conditions at the time of retirement in order to be eligible for the Employer contributions, listed in Sections 12.2 through 12.5 below, toward a health insurance plan offered by the Employer:
Retiree Insurance. Retired employees and their dependents shall be entitled to continued coverage under the district sponsored group health insurance program, provided the retired employee makes written application with the clerk of the board of education for such continued coverage within thirty (30) days following the retirement of the employee. Retired employees electing continued coverage shall be required to make the monthly premium payment for such continued coverage in advance of the due date of the premium to the carrier. The premium amount will be determined by the carrier. Such payment shall be made to the Board of Education or directly to the insurance carrier, as may be determined by the board. The coverage under the group health-care benefits will cease at such time as (1) the retired employee attains eligibility for Medicare, (2) the retired employee fails to make the required premium payments on a timely basis, or (3) the retired employee becomes covered or is eligible to be covered under a group plan of another employer. For purposes of this provision, retired means those employees who have terminated employment and are receiving a retirement or disability benefit from K.P.E.R.S.
Retiree Insurance. Teachers who submit their Irrevocable Notice of Retirement shall not have the option of continuing coverage on the District 87 group insurance programs. They will only have the option of participating in the State of Illinois Teachers’ Retirement Insurance Program (TRIP)/Teachers’ Choice Health Plan (THCP) instead of participating in the Glenbard Township High School District #87 Group Insurance Program. For retirees who elect to participate in TRIP/TCHP Insurance the Board of Education shall pay the full cost of the TRIP/TCHP Insurance program for the retired teacher and half of the cost of the same program for the eligible dependents of the retired teacher until the individual becomes eligible for Medicare.
Retiree Insurance. Employees who retire from Xxxxxx County under provisions of the Public Employment Retirement Act may participate at their option under the health and welfare insurance plans for retired Xxxxxx County employees. There is no County contribution to dental insurance premiums. County contribution for medical insurance is as follows: Employees hired before July 1, 1992 – Employees hired before July 1, 1992 must have 10 years (20,800 hours) of County service to be eligible for the full County contribution to retiree medical insurance premiums. If an employee retires under PERA disability retirement, the employee must have 5 years (10,400 hours) of County service to be eligible for the full County contribution to retiree medical insurance premiums.
Retiree Insurance. At the option of the employee, group insurance can be continued past retirement. The following must be met: The retiree must be 50 years or older, or on disability pension. The retiree shall be responsible for paying the entire premium. The retiree shall pay three (3) months in advance, at the first of each quarter to the City. Those employees on Fire Pension may have the cost deducted from their pension checks. All employees will contribute a portion of their annual salary to the Retirement Health Savings Plan according to the following tables: FF / Paramedic 0 – 11 years of service 0.5% 12 – 19 years of service 1.5% 20 + years of service 3.0% Final accumulated leave check 100% Lieutenant 0 – 11 years of service 0.5% 12 – 19 years of service 1.5% 20 + years of service 2.5% Final accumulated leave check 100%
Retiree Insurance. 1. Retiree is defined as having at least ten (10) years of service with Xxxxxxxxx County Public Schools (FCPS).
Retiree Insurance. 8.7.1 Unit members employed by the Trinity Alps Unified School District on or after July 1, 2008 and who retire from employment with the District may continue the same insurance offered to active unit members except when prohibited by the insurance carrier (such as in the case of life insurance), provided the retired unit member pays, in advance to the District, all premiums due for such insurance at least twenty (20) business days prior to their due date. If the unit member fails to make timely payment to the District on any two occasions within any 24 months then such insurance may be terminated at the option of the District upon 30 calendar days’ notice to the unit member. Such continued coverage shall be provided only upon the approval of the insurance broker or carrier and then only in accordance with the rules and regulations of said insurance broker or carrier.
Retiree Insurance. An eligible employee retiring on or after age 55 will be provided the option to continue the medical-hospitalization, vision insurance, life insurance and dental plans by paying the premiums to the School District for 11 years.
Retiree Insurance. The Company will make available to retiring employees age 65 or older who retire after May 6, 2002, a Medicare Supplement, which will be completely employee paid. This plan provides that Medicare is primary and Blue Cross and Blue Shield is secondary.
Retiree Insurance. 10.13 Full-time employees who retire must meet the following conditions at the time of retirement in order to be eligible for the Employer contributions, listed in Sections 10.13 through 10.17 below, toward a health insurance plan offered by the Employer:
