Common use of Retiree Insurance Clause in Contracts

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. ‌ At the option of the employee, group insurance can be continued past retirementretirement until the employee reaches age 65. 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 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. ‌ At the option of the employee, group insurance can be continued past retirementretirement up to age 65. 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. ‌ At the option of the employee, group insurance can be continued past retirementretirement up to age 65. 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 Lieutenant/Battalion Chief 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%