Common use of Retiree Insurance Clause in Contracts

Retiree Insurance. Retiree insurance will not be available for employees appointed to the position of Captain and Lieutenant after the effective date of this Agreement unless they were previously eligible for the City’s retiree insurance benefit. Captains and Lieutenants eligible for the City’s retiree insurance benefit who retire shall be eligible for the same group hospital/medical insurance coverage as is provided for active employees. 1. The City will pay for coverage, at the same percentage for the cost of premiums at retirement, on behalf of the retired employee during any five (5) consecutive year period following the date of retirement, up to age 65, as is paid for current employees. At each annual open enrollment, the employee shall elect whether or not to commence this benefit. Once commencement of the five (5) consecutive year period, during which the City will pay the cost of premiums has begun, this benefit election can not be changed. The retired employee shall pay for coverage for eligible dependents (Family Coverage) at the same rate as current employees pay for such coverage. 2. The City will pay for coverage on behalf of the retired employee at the rate of 50% of the cost of the premium during the year following the five years designated by the employee pursuant to paragraph 1 above. Premiums will be paid at 50% of what is being paid for eligible dependents at the time of this 6th year. 3. The retired employee, if electing to continue coverage, may pay the entire cost for coverage under the group plan (self and dependents), for any period of time following the date of retirement during which the City is not paying the premiums pursuant to paragraphs 1 or 2 above. On the first of the month in which a retired employee turns 65, the employee may be eligible for Medicare. Failure to make insurance payments to the City will terminate a retired employee's right to continue in the group plan. To qualify for this benefit, an employee must be eligible to receive a PERA annuity at the date of that employee's retirement. However, it will be the former employee's obligation to inform the City that the employee wishes to exercise this option. The City will not pay any retroactive premiums. All retirees who receive an annuity under a retirement program may elect to purchase at their expense individual and dependent hospital, medical, and dental coverage equivalent to that of active employees pursuant to Minn. statute 471.61 subd. 2.

Retiree Insurance. The City agrees to meet and confer about this benefit. Retiree insurance will not be available for employees appointed to the position of Captain and Lieutenant Sergeant after the effective date of this Agreement unless they were previously eligible for the City’s retiree insurance benefit. Captains and Lieutenants Sergeants eligible for the City’s retiree insurance benefit who retire shall be eligible for the same group hospital/hospital/ medical insurance coverage as is provided for active employees. 1. Employees wishing to exercise this option shall do so no later than their date of retirement. The City will pay for individual coverage, at the same percentage for the cost of premiums at retirementpremiums, on behalf of the retired employee during any five (5) consecutive year period following the date of retirement, up to age 65, as is paid for current employees. At each annual open enrollment, the employee shall elect whether or not to commence this benefit. Once commencement The designation of the five (5) consecutive year period, period of time during which the City will pay the cost of premiums has begun, this benefit election can not shall be changedmade by the employee no later than their date of retirement. The retired employee shall pay for coverage for eligible dependents (Family Coverage) at the same rate as current employees pay for such coverage. 2. The City will pay for coverage on behalf of the retired employee (up to age 65) at the rate of 50% of the cost of the premium during the year following the five years designated by the employee pursuant to paragraph 1 above. Premiums will be paid at 50% of what is being paid for eligible dependents at the time of this 6th year. 3. The retired employee, if electing to continue coverage, may employee shall pay the entire cost for coverage under the group plan (self and dependents), for any period of time following the date of retirement retirement, up to age 65, during which the City is not paying the premiums pursuant to paragraphs 1 or 2 above. On the first of the month in which a retired employee turns 65, the employee may be eligible for Medicare. Failure to make insurance payments to the City will terminate a retired employee's right to continue in the group plan. To qualify for this benefit, an employee must be eligible to receive a PERA annuity at the date of that employee's retirement. However, it will be the former employee's obligation to inform the City that the employee he/she wishes to exercise this option. The City will not pay any retroactive premiums. All retirees who receive an annuity under a retirement program may elect to purchase at their expense individual and dependent hospital, medical, and dental coverage equivalent to that The City has no responsibility for the payment of active employees pursuant to Minn. statute 471.61 subd. 2any premiums after the employee reaches age 65.

Retiree Insurance. Retiree insurance will not be available for Effective January 1, 2000, employees appointed to the position of Captain and Lieutenant after the effective date of this Agreement unless they were previously eligible for the City’s retiree insurance benefit. Captains and Lieutenants eligible for the City’s retiree insurance benefit who retire shall be eligible for the same group hospital/hospital/ medical insurance coverage as is provided for active employees. Employees wishing to exercise this option shall do so no later than their date of retirement. This benefit shall only be available to police officers employed by the City prior to January 1, 1999 or to individuals to whom a conditional offer of employment as a police officer has been made prior to that date. It will not be available to individuals employed after that date. 1. The City will pay for individual coverage, at the same percentage for the cost of premiums at retirementpremiums, on behalf of the retired employee during any five (5) consecutive year period following the date of retirement, up to age 65, as is paid for current employees. At each annual open enrollment, the employee shall elect whether or not to commence this benefit. Once commencement The designation of the five (5) consecutive year period, period of time during which the City will pay the cost of premiums has begun, this benefit election can not shall be changedmade by the employee no later than their date of retirement. The retired employee shall pay for coverage for eligible dependents (Family Coverage) at the same rate as current employees pay for such coverage. 2. The City will pay for coverage on behalf of the retired employee (up to age 65) at the rate of 50% of the cost of the premium during the year following the five years designated by the employee pursuant to paragraph 1 above. Premiums will be paid at 50% of what is being paid for eligible dependents at the time of this 6th year. 3. The retired employee, if electing to continue coverage, may employee shall pay the entire cost for coverage under the group plan (self and dependents), for any period of time following the date of retirement retirement, up to age 65, during which the City is not paying the premiums pursuant to paragraphs 1 or 2 above. On the first of the month in which a retired employee turns 65, the employee may be eligible for Medicare. Failure to make insurance payments to the City will terminate a retired employee's right to continue in the group plan. To qualify for this benefit, an employee must be eligible to receive a PERA annuity at the date of that employee's retirement. However, it will be the former employee's obligation to inform the City that the employee he/she wishes to exercise this option. The City will not pay any retroactive premiums. All retirees who receive an annuity under a retirement program The City has no responsibility for the payment of any premiums after the employee reaches age 65. 4. Section 13.4 of the Memorandum of Understanding may elect be reopened, at the request of the City, for further negotiations regarding the elimination of age references at any time during the term of this Agreement. 5. The City agrees to purchase at their expense individual meet and dependent hospital, medical, and dental coverage equivalent to that of active employees pursuant to Minn. statute 471.61 subd. 2confer regarding retiree insurance.

Retiree Insurance. Retiree insurance will not be available for Effective January 1, 2000, employees appointed to the position of Captain and Lieutenant after the effective date of this Agreement unless they were previously eligible for the City’s retiree insurance benefit. Captains and Lieutenants eligible for the City’s retiree insurance benefit who retire shall be eligible for the same group hospital/hospital/ medical insurance coverage as is provided for active employees. Employees wishing to exercise this option shall do so no later than their date of retirement. This benefit shall only be available to police officers employed by the City prior to January 1, 1999 or to individuals to whom a conditional offer of employment as a police officer has been made prior to that date. It will not be available to individuals employed after that date. 1. The City will pay for individual coverage, at the same percentage for the cost of premiums at retirementpremiums, on behalf of the retired employee during any five thefive (5) consecutive year period immediately following the date of retirement, up to age 65, as is paid for current employees. At each annual open enrollment, the employee shall elect whether or not to commence this benefit. Once commencement The designation of the five (5) five-consecutive year period, period of time during which the City will pay the cost of premiums has begun, this benefit election can not shall be changedmade by the employee no later than their date of retirement. The retired employee shall pay for coverage for eligible dependents (Family Coverage) at the same rate as current employees pay for such coverage. 2. The City will pay for coverage on behalf of the retired employee (up to age 65) at the rate of 50% of the cost of the premium during the year following the five years designated by the employee pursuant to paragraph 1 above. Premiums will be paid at 50% of what is being paid for eligible dependents at the time of this 6th year. 3. The retired employee, if electing to continue coverage, may employee shall pay the entire cost for coverage under the group plan (self and dependents), for any period of time following the date of retirement retirement, up to age 65, during which the City is not paying the premiums pursuant to paragraphs 1 or 2 above. On the first of the month in which a retired employee turns 65, the employee may be eligible for Medicare. 4. Failure to make insurance payments to the City will terminate a retired employee's right to continue in the group plan. To qualify for this benefit, an employee must be eligible to receive a PERA annuity at the date of that employee's retirement. However, it will be the former employee's obligation to inform the City that the employee he/she wishes to exercise this option. The City will not pay any retroactive premiums. All retirees who receive an annuity under a retirement program The City has no responsibility for the payment of any premiums after the employee reaches age 65. 5. Section 13.4 of the Labor Agreement may elect be reopened, at the request of the City, for further negotiations regarding the elimination of age references at any time during the term of this Agreement. 6. The City agrees to purchase at their expense individual meet and dependent hospital, medical, and dental coverage equivalent to that of active employees pursuant to Minn. statute 471.61 subd. 2confer regarding retiree insurance.

Retiree Insurance. Retiree insurance will not be available for employees appointed to the position of Captain and Lieutenant after the effective date of this Agreement unless they were previously eligible for the City’s retiree insurance benefit. Captains and Lieutenants eligible for the City’s retiree insurance benefit who retire shall be eligible for the same group hospital/medical insurance coverage as is provided for active employees. 1. The City will pay for coverage, at the same percentage for the cost of premiums at retirement, on behalf of the retired employee during any five (5) consecutive year period following the date of retirement, up to age 65, as is paid for current employees. At each annual open enrollment, the employee shall elect whether or not to commence this benefit. Once commencement of the five (5) consecutive year period, during which the City will pay the cost of premiums has begun, this benefit election can cannot be changed. The retired employee shall pay for coverage for eligible dependents (Family Coverage) at the same rate as current employees pay for such coverage. 2. The City will pay for coverage on behalf of the retired employee at the rate of fifty percent (50% %) of the cost of the premium during the year following the five (5) years designated by the employee pursuant to paragraph 1 above. Premiums will be paid at fifty percent (50% %) of what is being paid for eligible dependents at the time of this 6th sixth (6th) year. 3. The retired employee, if electing to continue coverage, may pay the entire cost for coverage under the group plan (self and dependents), for any period of time following the date of retirement during which the City is not paying the premiums pursuant to paragraphs 1 or and 2 above. On the first of the month in which a retired employee turns age sixty-five (65), the employee may be eligible for Medicare. Failure to make insurance payments to the City will terminate a retired employee's ’s right to continue in the group plan. To qualify for this benefit, an employee must be eligible to receive a PERA annuity at the date of that employee's ’s retirement. However, it will be the former employee's ’s obligation to inform the City that the employee wishes to exercise this option. The City will not pay any retroactive premiums. All retirees who receive an any annuity under a retirement program may elect to purchase purchase, at their expense expense, individual and dependent hospital, medical, and dental coverage equivalent to that of active employees pursuant to the Minn. statute 471.61 Stat. § 471.61, subd. 2.

Retiree Insurance. Retiree insurance will not be available for Effective January 1, 2000, employees appointed to the position of Captain and Lieutenant after the effective date of this Agreement unless they were previously eligible for the City’s retiree insurance benefit. Captains and Lieutenants eligible for the City’s retiree insurance benefit who retire shall be eligible for the same group hospital/hospital/ medical insurance coverage as is provided for active employees. Employees wishing to exercise this option shall do so no later than their date of retirement. This benefit shall only be available to police officers employed by the City prior to January 1, 1999 or to individuals to whom a conditional offer of employment as a police officer has been made prior to that date. It will not be available to individuals employed after that date. 1. The City will pay for individual coverage, at the same percentage for the cost of premiums at retirementpremiums, on behalf of the retired employee during any five (5) consecutive year period following the date of retirement, up to age 65, as is paid for current employees. At each annual open enrollment, the employee shall elect whether or not to commence this benefit. Once commencement The designation of the five (5) consecutive year period, period of time during which the City will pay the cost of premiums has begun, this benefit election can not shall be changedmade by the employee no later than their date of retirement. The retired employee shall pay for coverage for eligible dependents (Family Coverage) at the same rate as current employees pay for such coverage. 2. The City will pay for coverage on behalf of the retired employee (up to age 65) at the rate of 50% of the cost of the premium during the year following the five years designated by the employee pursuant to paragraph 1 above. Premiums will be paid at 50% of what is being paid for eligible dependents at the time of this 6th year. 3. The retired employee, if electing to continue coverage, may employee shall pay the entire cost for coverage under the group plan (self and dependents), for any period of time following the date of retirement retirement, up to age 65, during which the City is not paying the premiums pursuant to paragraphs 1 or 2 above. On the first of the month in which a retired employee turns 65, the employee may be eligible for Medicare. Failure to make insurance payments to the City will terminate a retired employee's right to continue in the group plan. To qualify for this benefit, an employee must be eligible to receive a PERA annuity at the date of that employee's retirement. However, it will be the former employee's obligation to inform the City that the employee he/she wishes to exercise this option. The City will not pay any retroactive premiums. All retirees who receive an annuity under a retirement program may elect to purchase at their expense individual and dependent hospital, medical, and dental coverage equivalent to that The City has no responsibility for the payment of active employees pursuant to Minn. statute 471.61 subd. 2any premiums after the employee reaches age 65.

Retiree Insurance. Retiree insurance will not be available for employees appointed to the position of Captain and Lieutenant Sergeant after the effective date of this Agreement unless they were previously eligible for the City’s retiree insurance benefit. Captains and Lieutenants Sergeants eligible for the City’s retiree insurance benefit who retire shall be eligible for the same group hospital/hospital/ medical insurance coverage as is provided for active employees. 1. Employees wishing to exercise this option shall do so no later than their date of retirement. The City will pay for individual coverage, at the same percentage for the cost of premiums at retirementpremiums, on behalf of the retired employee during any the five (5) consecutive year period immediately following the date of retirement, up to age 65, as is paid for current employees. At each annual open enrollment, the employee shall elect whether or not to commence this benefit. Once commencement of the five (5) consecutive year period, during which the City will pay the cost of premiums has begun, this benefit election can not be changed. The retired employee shall pay for coverage for eligible dependents (Family Coverage) at the same rate as current employees pay for such coverage. 2. The City will pay for coverage on behalf of the retired employee (up to age 65) at the rate of 50% of the cost of the premium during the year following the five years designated by the employee pursuant to paragraph 1 above. Premiums will be paid at 50% of what is being paid for eligible dependents at the time of this 6th year. 3. The retired employee, if electing to continue coverage, may employee shall pay the entire cost for coverage under the group plan (self and dependents), for any period of time following the date of retirement retirement, up to age 65, during which the City is not paying the premiums pursuant to paragraphs 1 or 2 above. On the first of the month in which a retired employee turns 65, the employee may be eligible for Medicare. Failure to make insurance payments to the City will terminate a retired employee's right to continue in the group plan. The City will not pay any retroactive premiums. To qualify for this benefit, an employee must be eligible to receive a PERA annuity at the date of that employee's retirement. However, it will be The City has no responsibility for the former employee's obligation to inform the City that payment of any premiums after the employee wishes to exercise this option. The City will not pay any retroactive premiums. All retirees who receive an annuity under a retirement program may elect to purchase at their expense individual and dependent hospital, medical, and dental coverage equivalent to that of active employees pursuant to Minn. statute 471.61 subd. 2reaches age 65.