Retiree Medical Contribution Sample Clauses

Retiree Medical Contribution. Pursuant to the Public Employees’ Medical and Hospital Care Act Program, the City will contribute the statutory minimum towards the payment of medical insurance premiums for members who retire from the City of Loma Xxxxx. The amount is adjusted annually by the CalPERS board to reflect any change in the medical care component of the Consumer Price Index.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
Retiree Medical Contribution. Employees hired by the Department before May 1, 2012 who subsequently retire with a minimum of five (5) years of service with the Department will receive a retiree medical benefit contribution equivalent to the amount necessary for actual enrollment in a single, two-party or three-party coverage up to the same maximum Department contribution for medical premiums as active employees. The five percent (5%) employee contribution does not continue into retirement.
Sample 1Sample 2
Retiree Medical Contribution. (a) Effective January 1, 1990, the City paid $1.00 per month for retirees in the Police Officer’s Association unit electing to participate in the CalPERS medical insurance program. The $1.00 per month amount increased each year by 5% of the minimum employer contribution as provided under Government Code Section 22892 of the Public Employees Medical and Hospital Care Act (PEMHCA). The City shall pay any mandated surcharge increases required by CalPERS.
Sample 1Sample 2
Retiree Medical Contribution. The City’s contribution for retirees is determined by the California Public Employees Retirement System (CalPERS) in accordance with Section 22892 of the Public Employees’ Medical and Hospital Care Act (PEMHCA). The contribution amounts are subject to change each calendar year based on changes to the medical care component of the Consumer Price Index.
Sample 1
Retiree Medical Contribution. (a) Because the City contracts with CalPERS for the provision of medical insurance, it complies with the requirements of Public Employees’ Medical and Hospital Care Act (PEMHCA). Therefore, the City shall pay the CalPERS statutory minimum amount on behalf of all employees who retire from the City in accordance with the requirements of PEMHCA.
Sample 1
Retiree Medical Contribution. Effective July 1, 2000, the City shall contribute to the Police Association Retiree Medical Trust Fund (or a similar retiree medical premium plan) an amount equal to the average annual cost, but not to exceed 1% of salary for the positions of Police Lieutenant or Police Captain. The City will make this contribution beginning with calendar year 2000. In doing so, the Police Management Association warrants that there are no legal barriers to the validity of the trust fund or to payment by the City to such a trust fund, and that by making any such payment, the City would assume no obligation or liability to the trust fund (or alternative plan) or its beneficiaries, or to the Police Management Association.
Sample 1
Retiree Medical Contribution. Effective July 1, 2000, the City shall contribute to the Police Association Retiree Medical Trust Fund (or a similar retiree medical premium plan) an amount equal to the average annual cost, but not to exceed 1.6% of salary for the positions of Police Lieutenant or Police Captain. The salary total for the positions of Police Lieutenant and Police Captain will be, for the purposes of this calculation only, increased by 2%. In doing so, the Police Management Association warrants that there are no legal barriers to the validity of the trust fund or to payment by the City to such a trust fund, and that by making any such payment, the City would assume no obligation or liability to the trust fund (or alternative plan) or its beneficiaries, or to the Police Management Association.
Sample 1
AutoNDA by SimpleDocs
Retiree Medical Contribution. The Authority will provide access to health insurance benefits for those employees who retire from employment with the Authority and who constitute “annuitants” as defined by the PEMHCA. The Authority’s employer contribution towards health insurance benefits on behalf of each annuitant shall be in accordance with the provisions of Resolution No. 4-2003 and Government Code section 22892, subsection (c). The Authority’s contribution on behalf of an annuitant shall not exceed the Authority’s contribution on behalf of each employee, as set forth in Section 3.1.2 above. The provisions of the PEMHCA shall govern medical insurance coverage for annuitants. The monthly benefit for annuitants for calendar year 2021 is $143 and will increase annually in accordance with CalPERS regulations. \\ \\
Sample 1
Retiree Medical Contribution. The City shall pay to the TEAMSTERS Health and Welfare Trust the amount of $60 per employee per month for the funding of retiree medical.
Sample 1

Related to Retiree Medical Contribution

  • Retiree Medical Benefits If Executive is or would become fifty-five (55) or older and Executive's age and service equal sixty-five (65) and Executive has at least five (5) years of service with the Company within two (2) years of Change in Control, Executive is eligible for retiree medical benefits (as such are determined immediately prior to Change in Control). Executive is eligible to commence receiving such retiree medical benefits based on the terms and conditions of the applicable plans in effect immediately prior to the Change in Control.

  • Retiree Medical Employee shall be eligible for lifetime medical coverage, upon retirement, subject to the monthly payment limit of the Kaiser Plan premium amount for an employee and spouse. Eligibility for lifetime medical is subject to the Employee completing five (5) years of continuous service at the level of Department Head or above and retiring from the City of Fontana as an annuitant of the Public employees Retirement System (PERS). Employee shall cease to be eligible for lifetime medical coverage paid by the City if the Employee reinstates as an active member of PERS or otherwise fails to meet the PERS definition of an annuitant.

  • Retirement Contribution The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay the cost of the 6.5% or 7.5% retirement contribution for employees in the following classifications. Corrections Firearms Instructor Oil & Hazardous Material Responder I Oil & Hazardous Material Responder II

  • Retirement Contributions On behalf of employees, the State will continue to “pick up” the six percent (6%) employee contribution, payable pursuant to law. The parties acknowledge that various challenges have been filed that contest the lawfulness, including the constitutionality, of various aspects of PERS reform legislation enacted by the 2003 Legislative Assembly, including Chapters 67 (HB 2003) and 68 (HB 2004) of Oregon Laws 2003 (“PERS Litigation”). Nothing in this Agreement shall constitute a waiver of any party’s rights, claims or defenses with respect to the PERS Litigation.

  • Retiree Medical Coverage ‌ An eligible retiree and eligible dependent(s) (as defined below), may be enrolled in a County offered medical plan as described in section 10.2 but is allowed only to enroll either as a subscriber in a County offered medical plan or, as the dependent spouse/domestic partner of another eligible County employee/retiree, but not both. If an employee/retiree is also eligible to cover their dependent child/children, each child will be allowed to enroll as a dependent on only one employee or retirees’ plan (i.e., a retiree and his or her dependents cannot be covered by more than one County offered plan). An eligible dependent is (as defined in each plan document/summary plan description):  Xxxxxx the retiree’s spouse or domestic partner; or  A child, based on your plan’s age limits, or a disabled dependent child regardless of age.

  • Pension Contributions While on Short Term Disability Contributions for OMERS Plan Members When an employee/plan member is on short-term sick leave and receiving less than 100% of regular salary, the Board will continue to deduct and remit OMERS contributions based on 100% of the employee/plan member’s regular pay.

  • Maintaining Eligibility for Employer Contribution The employer's contribution continues as long as the employee remains on the payroll in an insurance eligible position. Employees who complete their regular school year assignment shall receive coverage through August 31.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law.

  • Defined Contribution Plan The Employer will establish the following Employer contribution programs in the existing salary deferral plans: » Beginning in 2006 and continuing throughout the term of the Agreement, a performance-based contribution

  • RETIREE HEALTH SAVINGS PLAN Effective, December 24, 2006, or as soon as administratively possible, the County shall establish a retiree health savings plan (RHSP) by contributing an amount of $25.00 to the employee’s RHSP each biweekly pay period.

Time is Money Join Law Insider Premium to draft better contracts faster.