Retiree Medical Insurance. Retiree insurance coverage is included within each medical plan for all retirees under the age of 65 years, through self-payment. The Employer shall make available an appropriate medical plan for all eligible retirees ages 65 years or older.
Retiree Medical Insurance. 1. The City’s monthly contribution for medical insurance provided through the PERS Health plan for “Grandfathered Employees”, shall be as follows: All plans except PERSCare: City shall pay ninety-five percent (95%) of the monthly medical plan premium; and Employees and retirees shall pay five percent (5%) of the monthly medical plan premium. PERSCare Plan: City shall pay seventy percent (70%) of the monthly PERSCare premium; and Employee and retirees shall pay thirty percent (30%) of the monthly PERSCare premium.
Retiree Medical Insurance.
(a) For employees retiring prior to January 1, 2012, the District will provide medical insurance for any employee who has ten (10) years of service with the District and who retires after reaching age fifty-five (55) under the provisions of the CalPERS from the time the employee retires and provided the employee remains fully retired under PERS. With respect to employees retiring on or after January 1, 2012, the District will contribute toward the medical insurance premium the single-only rate specified under Article 15, Section 1 for any employee who has ten (10) years of service with the District and who retires after reaching age fifty-five
Retiree Medical Insurance. Benefit eligible Nurses will be able to participate in the Employer’s Retiree Medical Plan, based on their age and years of service (adjusted hire date) as described under the terms of the plan. Effective January 1, 2017, any benefit eligible nurse who is a Group B or Group C retiree will have a one-time opportunity to elect the Group D Retiree Health Reimbursement Account benefit described in Section 9.7 in lieu of such Group B or Group C benefit. Failure to so elect such Group D benefit when eligible to do so will result in the retiree receiving the Group B or Group C benefit, as applicable, to which they are entitled under the Plan.
Retiree Medical Insurance. Each employee retiring from City service is eligible to continue coverage as a retiree through the group medical insurance plans offered through the California Public Employees’ Retirement System (CalPERS). The City shall pay the PERS statutory minimum on behalf of each retiree.
Retiree Medical Insurance. (a) For employees retiring prior to July 1, 2011, the District will provide medical insurance only for any Full Time Faculty Member who retires pursuant to the regulations of the California State Teachers’ Retirement System after reaching age fifty-five (55) under Article 19, Section 1, or Section 2, from the time of retirement until reaching age sixty-five (65) and provided the Faculty Member remains in retired status. With respect to employees retiring after June 30, 2011, the District will contribute toward the medical insurance premium the single-only rate specified under Article 17, Section 1 for any employee who has ten (10) years of service with the District and who retires after reaching age fifty-five (55). Regarding dependent coverage for retirees, the District will also make available to such a retiree medical insurance and dental insurance for eligible dependents with the cost of such coverage to be borne by the retiree, provided such option for dependent coverage is made when the retiree is first eligible.
(b) Effective July 1, 1996, and annually thereafter, per CalPERS regulations, the District shall offer to all eligible retirees sixty-five (65) years and older, the one-time opportunity to participate in the CalPERS medical plan. Retirees who choose not to participate in CalPERS when this one-time offer is made, relinquish all future rights to participate in CalPERS. The District shall contribute the minimum CalPERS premium payment (currently $108 per month)
Retiree Medical Insurance.
(a) For officers retiring prior to January 1, 2012, the District will provide medical insurance for any officer who has ten (10) years of service with the District and who retires after reaching age fifty-five (55) under the provisions of the Public Employees Retirement System from the time the officer retires until the officer reaches age sixty-five (65) and provided the officer remains fully retired. With respect to officers retiring on or after January 1, 2012, the District will contribute toward the medical insurance premium the single-only rate specified under Article 13, Section 1 for any officer who has ten (10) years of service with the District and who retires after reaching age fifty-five (55) under the provisions of the CalPERS from the time the officer retires, provided (1) the officer remains fully retired under PERS, and (2) any difference in the amount between the District contribution for medical insurance and the selected medical plan premium cost shall be pre-paid by the retiree. The District will also make available to such a retiree medical insurance for eligible dependents with the cost of such coverage to be borne by the retiree, subject to the terms of the insurance policy.
(b) Effective January 1, 1994, and annually thereafter if an officer chooses to retire between the ages of fifty (50) and prior to the employee’s fifty-fifth (55) birthday, the District shall offer to the retiree a one-time opportunity at the time of retirement to participate in the CalPERS medical plan until the retiree turns age sixty-five (65) as noted in subsection (a). The
Retiree Medical Insurance. 11 Retirees from this bargaining unit shall be eligible to participate in the County’s 12 medical plan subject to the following provisions:
13 A. For purposes of this section, "retiree" refers to a person who separated 14 from County employment on or after July 1, 1992 and, at the time of separation, 15 occupied a position covered by the ONA bargaining unit, and was eligible to initiate a 16 PERS retirement benefit at the time of separation from County employment. For 17 purposes of this section, "member" or "members" refers to an active employee(s) 18 who permanently occupies a position(s) covered by the ONA bargaining unit.
19 B. Except as otherwise provided in this section, retirees may continue to 20 participate in the County medical and dental plans available to members, but not in 21 other County plans not available to members. Coverage of eligible dependents 22 uniformly terminates when coverage of the retiree terminates, except as otherwise 23 required by applicable state or federal law.
24 C. To the extent members are permitted to choose among two (2) or more 25 medical insurance plans, retirees shall be entitled to choose between the same plans 26 under the same conditions and at the same times as apply to members. Retired 27 employees participating in the members’ medical insurance plan shall be subject to 28 the application of any change or elimination of benefits, carrier, administrator or 29 administrative procedure to the same extent and at the same time as are members.
30 D. The retiree shall be responsible for promptly notifying the County 31 Retiree Coordinator in writing of any changes in the retiree's current address and of 1 any changes in retiree or dependent eligibility for coverage, including eligibility for
Retiree Medical Insurance. 20 Retirees from this bargaining unit shall be eligible to participate in the County’s 21 medical plan subject to the following provisions:
22 A. For purposes of this section, "retiree" refers to a person who separated 23 from County employment on or after July 1, 1992 and, at the time of separation, 24 occupied a position covered by the ONA bargaining unit, and was eligible to initiate a 25 PERS retirement benefit at the time of separation from County employment. For 26 purposes of this section, "member" or "members" refers to an active employee(s) 27 who permanently occupies a position(s) covered by the ONA bargaining unit.
28 B. Except as otherwise provided in this section, retirees may continue to 29 participate in the County medical and dental plans available to members, but not in 30 other County plans not available to members. Coverage of eligible dependents 31 uniformly terminates when coverage of the retiree terminates, except as otherwise - 40 - 1 required by applicable state or federal law.
2 C. To the extent members are permitted to choose among two (2) or more 3 medical insurance plans, retirees shall be entitled to choose between the same plans 4 under the same conditions and at the same times as apply to members. Retired 5 employees participating in the members’ medical insurance plan shall be subject to 6 the application of any change or elimination of benefits, carrier, administrator or 7 administrative procedure to the same extent and at the same time as are members.
8 D. The retiree shall be responsible for promptly notifying the County 11 Medicare.
12 E. The following terms related to benefit payments, service and age 13 requirements shall also apply:
14 1. The County shall pay one-half (1/2) of the monthly medical 15 insurance premium on behalf of a retiree and his or her eligible dependents from the 16 retiree's fifty-eighth (58th) birthday or date of retirement, whichever is later, until the 17 retiree's sixty-fifth (65th) birthday, death, or eligibility for Medicare, whichever is 18 earlier, if the retiree had:
19 a. five (5) years of continuous County service immediately 20 preceding retirement at or after age fifty-eight (58) years, or
21 b. ten (10) years of continuous County service immediately 22 preceding retirement prior to age fifty-eight (58) years, or
23 c. ten (10) years of continuous County service immediately 24 preceding disability retirement regardless of age.
25 2. The County shall pay one-half (1/2) of the monthly m...
Retiree Medical Insurance. If during the two year period after the date of the Change of Control, but after the date of your termination of employment (which entitles you to benefits under this Change of Control Agreement), you would have been eligible for early or normal retirement under the terms and conditions of any pension or retirement plan sponsored by the Corporation (or any subsidiary of the Corporation) in which you participate, then you will be eligible to participate in any insured medical plan that the Corporation has in place to provide medical benefits similar to those provided by the Corporation's retiree medical plan (the "Retiree Insured Plan"). You will be eligible to participate in the Retiree Insured Plan beginning on the date you would have been eligible for an early or normal retirement had your employment not been terminated and continuing until such time (if any) as the Corporation ceases to provide retiree medical insurance, or the insurance available under the Retiree Insured Plan is no longer available. Until the end of the thirty-six (36) month period following your termination date, the Corporation will pay your full cost of the Retiree Insured Plan. If as of your employment termination date (either because of your Qualifying Termination within the required time period or your voluntary termination during the Anniversary Window Period), you are eligible to participate in the Corporation's retiree medical plan, if any, the cost of your participation in the applicable retiree medical plan will be paid by the Corporation for the thirty-six (36) month period following your termination date. After the end of this thirty-six (36) month period, you will be responsible to pay the applicable retiree contribution percentage to participate in the Corporation's retiree medical plan. Similarly, if you are participating in the Retiree Insured Plan, you will be required to pay the equivalent contribution as if you had been eligible to participate in the Corporation's retiree medical plan. The Corporation reserves the right to amend or terminate its retiree medical plan at any time. Any such amendment or termination that applies equally to all covered individuals also will apply to you. The Corporation also reserves the right to amend or terminate any Retiree Insured Plan as long as a comparable amendment or termination is being made at the same time to the Corporation's retiree medical plan. A Retiree Insured Plan also may be amended if such amendment is required by t...
